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921  Economy / Gambling discussion / Re: Dangerous chasing losses on: October 31, 2023, 12:32:05 PM
Lastly, I deposit 1800$ to have a better bankroll again, This time I’m betting like a high roller and lucky manage to recover my losses and bag 150$ profit.
You are indeed lucky, because this is just the way people start to gamble with small amount of money and later go for bigger amount like your savings or all the money that you have with you. What will later end it is the person finding himself that he got no money again as all has been used to gamble. Just quit gambling for now to have a better mindset. Do not go more than your gambling budget anymore, because you are lucky today, tomorrow may be very different.

I feel the real intensity of my mistake after I withdraw my funds. My hand is shaking and I think my flu come back again due to intense game. I just recently received my yearly bonus and other incentives at work that’s why I’m very confident on playing huge amount.

I can’t imagine what will I deposit when I still lose my 1800$ because I still have remaining balance on my bank account this time. I learned a lot of lesson today. Even a casual gambler can still commit a mistake like addicted gambler does when in a dire situation.  Angry  
You need to let go of the loss and start with a fresh mindset or maybe give yourself some time to heal before you can start over again, losses do come with this emotion and are sometimes very hard to control, stick to your plans and don't try to be greedy next time by trying to go way above your gambling budget, your such a lucky man to have recovered your loss.
Budgeting for gambling minimizes the risk but within that budget should be limited. A good way to recover gambling losses is not to be greedy. It's a good idea to take a few days off after a win and it's hard to recover from greed and re-betting. Although greed manifests itself through various acts and gambling is seen by many people as an easy way to get more than their own earnings. When the game becomes more than the joy of the game greed works in them and the immersion in the game leads to neglect of personal family social or economic duties.
922  Economy / Gambling discussion / Re: Gambling and it effects on: October 31, 2023, 12:17:27 PM
In my opinion we should avoid gambling. All though I am a gambler but I don't gamble regularly. Because really gamble creates and addiction on gamble. This type of addiction can damage a person financial condition . If your properly addicted in gambling. Then you can't avoid to do it. Because of addiction in gambling you do gambling regularly and make loss try to recover it because of your addiction you don't noticed how much money you lost to recover it.

It may not be an easy task to do for someone who is an addicted gambler, there are more approach we could help introduced that can work in favour of his gambling desires and life entirely without having to drop off from gambling, we can get him a therapist, get him a job to keep busy, and also reduce the rate of deposit such gambler have on his gambling account, if we forces him against his wish, he may feels bad and disappointed, but it's something that needs a gradual approach to see it work out as planned or targeted on him.
It is very difficult for an addicted gambler to recover I agree because if pressure is applied to a gambler to quit gambling he will become angrier. Therefore it should be left to the individual's own will prepare yourself by trying to understand the various harmful aspects of gambling addiction. An addicted person is not in control and in most cases does not want to think about it or remember it. Instead of this habit you have to prepare yourself by analyzing the symptoms or the reasons behind the harmful effects.
923  Economy / Gambling discussion / Re: Have you ever been a gambling addict? on: October 31, 2023, 12:00:59 PM
I have never spent much money on gambling a person who cannot control himself in gambling becomes addicted. But you have lost all your savings but if you are able to control yourself you are far away from gambling addiction. Many families today are plagued with social problems such as broken relationships due to gambling economic crisis like sitting on the road due to bankruptcy falling into debt selling property, selling decorative furniture is also happening due to gambling addiction. You are in a much better position to understand your mistakes and prepare yourself by analyzing the harmful effects-symptoms or reasons behind this habit.
924  Economy / Economics / Re: Does Using a Credit Card Demonstrate Financial Literacy? on: October 31, 2023, 11:40:51 AM
I prefer to use cash over credit cards cards are online shopping and credit cards are a special facility offered by banks or financial institutions. This card can be used to borrow money for purchases or other services credit card loans have to be repaid within a certain period of time. Every month interest is charged if the money is returned within the specified time period. If there is delay in payment of interest due to any reason the amount of loan increases but in case of using cash money there is no problem of such interest. Not every thing can be bought with a credit card sometimes cash is needed for small items.
925  Economy / Economics / Re: Small Scale Business Ideas on: October 31, 2023, 11:24:10 AM
Do you have a small business idea? or business experience? I want to hear it

In this era of sophisticated technology, there are actually lots of opportunities to do business or earn money which we can then invest with this income. It just depends on our intention to start a business or not, business doesn't require a lot of capital, even with technology like now, you can also make money without capital. The point is, we have to have a strong intention first.

I myself started an online sales business and also make money from dropshipping. Actually, this business is to build my business mentality for investing, because my main goal is to have as many bitcoins as possible.
Online business is really good to sell products from home also if the business wants to scale quickly, the business needs to ensure its online presence. Studies have shown that online business grows rapidly this is why you can earn good income from online business IT related business as well as business bitcoin investment is good as small business will grow slowly and bitcoin will give good profit through long term investment. Small business will one day become big with bitcoin investment.
926  Economy / Gambling discussion / Re: Greed or risk on: October 30, 2023, 01:03:42 PM
Gambling involves both greed and risk since your friend has bet he has taken risk because he has earned a lot. A person is not lucky every time he is really lucky even after betting so much no one can guarantee a win in gambling maybe he knows the right gambling strategies. An experienced gambler analyzes the market and takes risks. He probably has a lot of confidence that he will win this time so he is taking a risky bet so that he doesn't have to regret it later. Maybe he thinks that this kind of opportunity doesn't come often not everyone will take as much risk as your friend and everyone will cash out after winning.
927  Bitcoin / Bitcoin Discussion / Re: What would happen if there was only one cryptocurrency, which is Bitcoin? on: October 30, 2023, 09:05:38 AM
Undoubtedly the top selection for long-term crypto investment the main reason behind bitcoin's popularity is that investors believe that the cryptocurrency's value will increase over time due to limited supply. Although there are thousands of different cryptocurrencies available in the market bitcoin makes a profitable coin for long term crypto investment bitcoin is the best currency to invest in crypto market but altcoins are better. These coins usually rise above the competition the crypto industry is huge and has many coins so holding altcoins alongside bitcoin is the right decision. Then investors will gain knowledge from other currencies besides bitcoin.
928  Economy / Gambling discussion / Re: Reckless gambling starts after a win round. on: October 30, 2023, 08:47:16 AM
New gamblers have very little understanding of the market and usually become greedy after a win. In order to get more he starts gambling recklessly which turns into addiction and loses everything most of the time is passed by gambling or thinking about gambling. Ready to make big bets day in and day out addictive gambling is the creation of an impossible and uncontrollable need in the mind for gambling. It is very difficult to keep that need unfulfilled this need cannot be controlled in any way. The addicted person wants to satisfy those needs at any cost and gambles that lead to their destruction.
It can also happen to gamblers who already have experience because greed can come to all gamblers, especially those who cannot control themselves well while they are gambling. They don't think about how to anticipate a lot of losses because their goal has changed from seeking pleasure to wanting to win even though they have won before. This is what we must avoid so that we don't experience the same thing as them. We must still be aware that when we win, it is a bonus, and we cannot expect to get that bonus as often as possible. If we don't comply, we will most likely experience a lot of losses.
Such problems are more common among new gamblers who get so engrossed in gambling that they neglect other important responsibilities in life. They start earning money in dishonest ways for gambling they borrow money from others to gamble and gradually get themselves into debt. And such addictive behavior as gambling is preferred in this situation. This type of problem is more common in the case of new gamblers experienced gamblers can easily control themselves they understand the losses very easily and greed does not work in them after winning.
929  Economy / Gambling discussion / Re: Not keeping records makes me a bad gambler? on: October 30, 2023, 08:32:05 AM
Keeping a record does not do anything good for a gambler. It only makes you stressed if you can check your average loss. Also, it's unnecessary, if you're the type of gambler, online casinos have the stats of every player showing the W/L ratio.
Usually gamblers do this kind of thing very little. Gambling goes back and forth between wins and losses. Many gamblers will become frustrated and stressed as they attempt to recapture past records. It is good to consider the pros and cons of the casino when playing in a casino. Many casinos have a record of scams. Gamblers spend a lot of money on betting and it is difficult for a gambler to balance them. Records are generally the backbone of any organization good for any external activities of the company and essential for making sound management decisions. Without reliable and secure access to critical documents, many businesses risk making poor decisions that result in losses, corruption and mismanagement.
930  Economy / Gambling discussion / Re: Quit gamble! Easy or Hard? Let's talk. on: October 30, 2023, 08:15:08 AM
It is very hard to quit gambling, it takes time to minimize gambling but quitting totally is not an easy decision to take, this is why it is advisable for people with poor decision to avoid gambling don't even gamble because it's effect might ruin your life, remember a chronic gambler can do anything to gamble, even though it takes him to sell his valuable asset a lesser amount to gamble he wouldn't mind because he believe that he can replace one he win and even gamble more with the remaining profit, I will say quitting gambling is very difficult, this will occur by the grace of God that's if the person is ready and willing to change.
Once gambling becomes an addiction it is very difficult to stop leaving all the important activities of life they only look for gambling opportunities and immerse themselves in gambling. Many people can't quit gambling despite making money and many obstacles. Despite many attempts to stay away from gambling addiction many people end up not being able to stay away from gambling. It's like drug addiction at this stage even if a person loses everything for gambling he cannot give up gambling addiction and when this addiction reaches extremes it wreaks havoc in people's lives.
931  Economy / Economics / Re: Real estate vs cryptocurrencies vs business on: October 30, 2023, 08:00:12 AM
My choice will be Business at the first place, followed by cryptocurrency and the last will be on real estate. When we're into business we'll be much concentrated and we can grow ourselves. Here the work we do for some time period will keep our business going good for long term.

Cryptocurrency is highly volatile, however I've enjoyed the goodness and the market crash. This lets me do the best and make some earning out of it than relying over it completely.

Real estate is kind of business where we'll be able to make good profit in the short term. However the market depends upon the growth surrounding the property. This makes real estate an unpredictable market bearer and a riskier one.

The business is okay if you have a partner who will manage it. But if you're alone and don't have a partner, it's a bit difficult to do that. I currently only do cryptocurrency trading.

Although it's not easy to do because it also depends on market movement, somehow you get a profit, and it also depends on the crypto or bitcoin you trade. Of course, we need the source because of the expenses we have every day of our lives. Real estate is long-term, like bitcoin.
Trading in crypto is good for those who need daily value. It's also a good idea to do business here because you don't have to be under anyone's control. But choosing the right currency in crypto gives good long term investment returns. You have to be very careful in investing the money that you have decided to invest in real estate. Because investing in real estate is very risky investing in various nameless anonymous or sometimes even reputed companies can be a victim of irony. Investing in crypto bitcoin does not have to suffer from any such problems.
932  Economy / Economics / Re: Almost All Countries Affected by Inflation, Opportunity for Bitcoin! on: October 30, 2023, 07:45:05 AM
Although all countries are affected by inflation it will damage the country's economy but will not have any effect on Bitcoin. Bitcoin can help improve the economy by investing in it if inflation affects the economy the suffering of middle and low income people will increase. And higher inflation can spell disaster for the entire country but it depends on the economic capacity of that country even if the price of gold reserves increases it will fall into inflation as it affects the economy controlled by the government and everything with fiat currency is damaged. But investing in bitcoin has nothing to do with inflation no matter how big the hurdle or why bitcoin will stay where it is. Most people are turning to bitcoin to escape the impact of the economy and further increasing the demand for bitcoin.
933  Economy / Economics / Re: You can't meet all your needs/desires at once, even if you spend all your salary on: October 30, 2023, 07:24:44 AM
There’s are sayings ‘you always want what you can’t have’ & ‘the grass is always greener on the other side’ that sum up this conundrum perfectly. Human beings are never satisfied but in some ways that’s what makes us so different & more developed than other living organisms. We should always try to achieve more, it’s not a bad thing.
I prefer your opinion and I want to say that there is no end to the needs of people, whose lack of people is infinite Living a life that reconciles infinite scarcity with limited resources is real work Even if other animals get a lot, they cannot keep it in themselves due to lack of coordination, but humans are a little more advanced creatures who know how to balance and use the relationship Part of the salary should be saved and invested so that there is less reason to worry about the lifestyle in the days to come But it is not a bad idea to always earn more income but it should be done regularly then there will be more improvement and chances in life and you will help to meet many more needs.It's a natural process that a certain amount of salary can never make up for being successful or that the more money you're paid, the more you'll lack.For this, it is necessary to balance the salary through budgeting, separate the salary through the I&O process and use it for investment and expenditure.
It is true that human needs are endless the opportunity to meet the demand is limited so it is wise to limit the demand. Perfection of everything is not possible in earthly life those who want to get everything in life become depressed sometime therefore, it is wisest to be satisfied with the extent to which the need is fulfilled and its benefits are considerable. It is also good to budget so that it becomes easier to save some for the future. If you just earn and meet your needs there will be nothing for the future that will cause problems in the worldly life.
934  Economy / Gambling discussion / Re: Cash out or keep playing? on: October 30, 2023, 07:08:08 AM
The main problem of gamblers is that they cannot control themselves even after winning. I think it's better to rest for a while after winning rather than being greedy and betting again. It is very difficult to guarantee good casinos to cash out your money. The next time you bet, it is a good idea to bet with money so that the gambler will suffer less losses. Due to this greed, many people lose control of their lives by gambling and their entire lives are filled with problems due to this behavior. Leaving all the important activities of life, they only look for gambling opportunities and immerse themselves in gambling.

This is what happened when you are gambling without any goal or target before you play. Gambling is like a good show that never ends since you always want to have some more because you are enjoying. It’s very hard to take a rest if your mind doesn’t have any goal that will trigger to you to stop while you are still enjoying winning.

This is why most gambler easily lose all their bankroll even after they are in huge profit because they will keep chasing that profit that suddenly turn to lose since you will only feel the need to stop on gambling when you already and not in profit.
A professional gambler knows all the tricks of gambling so they don't get greedy after winning and take some time off. It is good to keep the goal but if a gambler becomes addicted then it becomes very difficult to stop gambling not just the bankroll but his family life becomes a problem. A gambling person cannot raise his family well a gambler's temperament is always marked by harshness and cruelty a profitable person is intoxicated with more profit. If a person is addicted to gambling with fixed goals then first of all he needs to understand his problem and encourage him to get away from this addiction.
935  Economy / Gambling discussion / Re: Cash out or keep playing? on: October 29, 2023, 01:20:37 PM
I want to pose a question that I believe is quite expensive for many of us here, and it's a dilemma most of us can relate to. We all know that gambling is a game where we put our luck to the test. However, there's a crucial moment in every gambler's journey. the moment when you hit that big win. Do you cash out and savor your victory, or do you continue playing in hopes of even bigger winnings?
This question is one the reason's why some people get loss after wining their gambling, their is something I understand in gambling and the things I understand is that in a gambling you have to be careful and also not to be greedy in a gambling, because gambling have to do with luck and risk and when you are opportune to when in gambling you should not hesitate to make sure that cash out the money and have your capital back, and if you want to continue you can use your gain to gamble again but not all you have gained, do not make such a mistake of not cashing out because its an audio money until you cash it out.
It is true that almost 70% of gamblers experience massive losses because they are greedy and cannot accept what they have got.
In fact it is very simple where we bet and when we are lucky to win then withdraw some of it and leave little just in case we want to bet again but this is just simple thought that is difficult for most gamblers to determine.

There have been many victims of greed and many gamblers have experienced bad luck due to mistakes in their steps when gambling, but the many cases that have occurred have not made gamblers think better.
The main problem of gamblers is that they cannot control themselves even after winning. I think it's better to rest for a while after winning rather than being greedy and betting again. It is very difficult to guarantee good casinos to cash out your money. The next time you bet, it is a good idea to bet with money so that the gambler will suffer less losses. Due to this greed, many people lose control of their lives by gambling and their entire lives are filled with problems due to this behavior. Leaving all the important activities of life, they only look for gambling opportunities and immerse themselves in gambling.
936  Economy / Gambling discussion / Re: How safe do you feel with casinos that ask you to input your log detail. on: October 29, 2023, 01:00:41 PM
Entering password repeatedly while logging into account is really annoying sometimes it causes problems when you want to see the necessary things. Many times this kind of problem occurs when a hacker is caught that's why 2FA is good to maintain the security of your account. It reduces the hassle and the account is safe hackers don't get data easily from here. 2FA protects against phishing social engineering and password attacks and protects your logins from attackers exploiting weak or stolen credentials. This dramatically improves the security of login attempts the two factor authentication process can add additional security measures to a device or account. And this is a method that makes it difficult for a hacker or a stranger to access your account.
937  Economy / Gambling discussion / Re: Your doubt has no effect on gambling. on: October 29, 2023, 09:37:10 AM
Yesterday, I booked a bet, but, fine if difficult to stake, because I thought the game was going to be lost. But here it is I won the best. I stake the bet at $0.13, and I won $49 in total. I have gotten several winnings in the past week, but I would like to say that I didn't expect the game to play accordingly the way I predicted it. Why? Because I haven't bet on the same predictions throughout all the games before, but yesterday I did it. That's why I said I didn't expect to win the game.
There is a lucky day for everyone who gambles, and a game that will play will always play irrespective of your mindset or what people think. So I'm very much happy for you as yesterday was indeed your lucky day, and I tap into your grace to be this lucky this weekend, because most times the game we least expected will play and went ahead staking with a very small amount, are most times the ones that surprise us with a win, because only if had you stepped up your stake to the least $1, you would have ended up working away right now with a whole $376. But however, $49 is still not a small sum, as it will literally take you a long way. So once again, congrats to you @ O.P, and wish you more wins as you strive to gamble responsibly.
It is true that the probability of winning so many times in gambling is very low he is very lucky to win every step. Sometimes gambling can be a fun activity but it can be a problem if someone gambles to distract themselves from the daily problems of trying to make money or if they spend more than they can afford. Practicing responsible gambling can help protect your finances and avoid financial loss which can prevent significant responsible gambling from developing unhealthy emotions associated with excessive gambling. Also I think he won so many times because he didn't think of gambling as a way to make money but rather as an enjoyable form of entertainment done in moderation.
938  Economy / Economics / Re: World Debt Clock by nations. on: October 29, 2023, 09:17:04 AM
If a country's debt crisis is severe enough it can result in a sharp economic recession in the country that inhibits economic growth elsewhere in the world. Inflation is the rising cost of food and other goods and services as the government prints money to finance its spending. Austerity measures need to be imposed to help countries become debt free in order to sustain people's livelihoods. The measures taken by the leaders became very unpopular, but eventually the crisis was dealt with financial stability in the area and how to prevent another crisis. Debt burden has become a poverty trap for many countries current borrowing means increasing the future tax burden on taxpayers. Therefore developing countries have the opportunity to spend more of their annual revenue to accelerate economic development.
939  Economy / Gambling discussion / Re: Not a casual fan but want to participate in sportsbetting on: October 29, 2023, 09:00:20 AM
Before participating in sports betting it is better to familiarize yourself with the player because not knowing the teams properly in the sporting event can hinder your chances of winning. Also analyze the teams and the competition when you want to try to know the winner of a match for example you must know about the news of two teams. Of course the best is to follow sports news on general websites like the team or sites that specialize in the sport you are betting on. It is necessary to analyze the players composed of two teams this way, you can better understand the offensive and defensive potential of the two opponents of the day. Also winning is possible with the combination of big in prediction you need to know how to do it do a good analysis and know how to manage the risks.
940  Economy / Gambling discussion / Re: Navigating the World of Online Gambling on: October 29, 2023, 08:41:26 AM
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Yes, that's the conclusion, yes it's just a suggestion that will not guarantee an easy win, because all cannot be separated from luck. Maybe the person who suggested it because he just got a big win on that site so he suggested playing on the site that person mentioned, but this kind of thing does not guarantee to win.

Apart from luck, what you mentioned is the impact of gambling where your friend lost and blamed the other person who suggested the site. He should not blame others, because basically if he gambles, he must be ready to lose like the person above. The principle must be ready to lose and can limit gambling games so as not to fall deeper, because of course the bad effects of what you mentioned are already visible. So it can trigger disputes between friends that will become a small chaos in the friendship environment.
No knowledgable gambler will blame another person for their loses even though it be the friend that make refer them to the site,  and if you lose it doesn't have anything to do with site unless for the few casinos who may have poor reputations and scammy character that will purposely set the game in a fraudulent way to place the house at 100% advantage only such casino will trick gamblers into lives just to take off their balance,  casinos in that categories are the bad actors in the market today and we have to stay aways from them by all means.

But aside from that,  if you gamble in a reputable casinos,  what will stand between you and you victory will be just luck and little bit of skills.
Those who have more knowledge and skills about casino and a professional gambler never blame anyone for losing because they can master all casino tricks very easily. Luck is involved in winning losers in a game there is always a risk of losing the money deposited through a wrong bet. This can encourage you to increase your stocks and take risks by betting on desired sectors that may result in potential losses. Before trying to win at an online casino it's essential to do your research so you know what you're getting into Understand betting laws and terminology find trusted casinos and fulfill any of their requirements.
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