Just as the title already said it, does your instincts influence your gambling decision? Most times you could see a game to gamble on but due to how you aren't that convinced enough to gamble you would wait or leave it. Most time you would be predicting matches and there is a certain option (market) you would want to pick but due to how you have been ruled by your instincts you ends up not going to pick that particular match you would want to pick. I have seen many people talks about their instincts how it controls them over gambling, and when they loses the match they start lamenting that they were carried by their instincts and never wanted to pick that option and now they lost the game.
How regular has your instinct leads you to a successful winning or has led you to more loses?
I admit that sometimes I do gamble with my instincts. There are times where the choices to pick from are just so confusing that you just have to take one and that's where picking from your instincts comes to play. Both for sport betting and casino and it's also possible to win from your instincts I've don it before and it worked well for me the only thing is, the likelihood of wining with your prediction is low talk more of gambling with your instincts which may not be from a analytic view it could be from a random guess just to make a selection. My instincts have helped me win a couple on times, especially when choosing the games, or the league to make my picks (I'm talking about sportsbook BTW) just like you said earlier, I've seen myself in situations that i get confused on which league or game to pick and in a situation like that, i have no other option, other than to rely on my instincts. sometimes i could still analyze the game further with the skill or knowledge and somethings, i tend to trust my instincts complete. |
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This gambling thing has existed since the dawn of time, it is something that has always existed and will always exist, do not believe that this is something that varies from person to person and that in addition to the social context in which they live, it can be influenced.
I know people who have never come into contact with gambling before and yet they liked it and now they play, so I don't think it's just a question of culture.
It’s not just all about the culture, some people grow up to develop their own likeness different from what their religious beliefs on it happens as we grow and socialize that’s how our mindset is being set to things we are attracted to which we can not even just link it up to say this is exactly the reason why, just like some don’t have reason why they gamble. |
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If students want to play safe they will use fictitious money but fun can become addiction. If they become serial winners they could begin gambling with real money. Students who gamble will affect their study and their life.
I still believe that just like other people, students can still gambler safely with real money, as long as they prioritize fun over the money and gamble within their means. As long as they’re up to gambling age and can effectively manage their emotions, then I see no reason why they can’t gamble or how gambling can affect their studies, except they misplace their priorities, gambling when they’re meant to be doing their academic works, cos that’s the only way we can say gambling is now affecting their studies. What what you’re saying is mostly correct, the truth is that most students, especially those ones that are seeing themselves through school would mostly be looking for ways to make some extra income, which makes gambling a bad choice for such a fellow because since they’re looking for money, they could easily end up in the loop of gambling for money, I’m not saying that’s always the case, but the chances are high for that to happen. |
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I’ve always been team sports bet, not like I don’t play casino games, I do but not as much as I enjoy playing sports betting.
Well we can actually say that too much exposure and accessibility can indeed cause an excitement for something to fade overtime, but in this case I think it’s a matter of preference, maybe they just need a place where their skill counts more, because like we already know in slot machines, you skills don’t count as you rely solely on luck and chance and considering the presence of house edge, gamblers are bound to lose me than they win, but that’s not the case with sports betting, your analytical skills can come in play here, and even though that they are really not what guarantees one to win, but it gives you some level of confidence when you don’t only rely solely on luck.
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Yeah, not bad. I agree with everyone else that it's a good mindset to keep accumulating bitcoin. But I would also say don't get too obsessed with figures like 1 bitcoin. If the price shoots up to $250K in the next few months, it will be much more expensive to keep accumulating those little squares. But the fact is that if you do DCA and have a long-term vision, your financial future will be much better.
True. It's not bad for folks to have a set target, but the truth is that everyone has their different individual factors that may likely influence their target. for some, 2 BTC might be the long term target, for some, 1BTC and for some it could be less, depending on their financial position. So rather than focusing on obtaining 1BTC, it'll be a lot more better to focus on your own position, identify your own target and commit yourself to reaching that target through a consistent DCA. |
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Since it was created for everyone is it everyone that is accumulating Bitcoin? Yes it has been created for all but it is impossible for all to invest in Bitcoin, there are people who may not be interested to go into Bitcoin investment and prefer some other investment it's not only Bitcoin investment that can give profit in the future other investment dey too, there are also people who sees any thing online investment as a scam investment and may prefer to do some physical investment.
True t alk Zack, While Bitcoin be accessed by everyone, it doesn't guarantee the fact everyone has to invest in it. as a matter of fact, Bitcoin invest is meant for those who really understand and believes in the technology and future of the asset. Others who just delve into it might end up making impulsive decisions whenever the market is fluctuating or consolidating. These decisions could potentially lead to unintended losses, and that is why it is advised to first gain the basic knowledge before entering, and not just because you think that Bitcoin is a great investment and others are cashing out massivelt from it. |
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There are some times gamblers don't talk about their losses; maybe at the time, they are struggling financially, and people around them really do not expect them to gamble with the little they have. But unfortunately they have and have experienced loss, so it will be an embarrassment to them, so they often choose to keep it private.
Some do it to make people believe they aren't addicted to gambling. While some lie that they have been robbed or maybe lost it in other pitiful ways, most especially when the money does not belong to them, to avoid being blamed for your recklessness. Perhaps it's an unhealthy habit.
There could be a hundred and one reasons why a gambler could possibly lie about their gambling losses, some of those reasons could actually be reasonable and some might not. but the main point is that, inasmuch it's pointless to always consider other's POV about your gambling activinties (except it's a constructive criticism) gamblers should also try as much as they can to avoid indulging in gambling activities that would result to them having to lie to others about their gambling activities. for instance, if a gambler gambles with little money that they can actually afford to lose, and maybe they eventually lose that money to the casino, there would be absolutely no point having to lie to others about that lose because it's a minor loss that antone can experience. |
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When I saw the title of the thread I thought I would be reading tips on how to avoid cashing out games that would probably play at the end of the game but it wasn't what I expected, lol. The helpful strategy to apply to avoid cashing out game you didn't want to cash out from the initially betting it's by making up your mind that whatever and however the game outcome is going you won't cash out. This crack can be helpful if you're a person of your words than making your bet without having a decision on it.
Lol, likewise, I thought the same thing too when I entered the thread. I feel the best way to avoid cashing out your game prematurely is by not monitoring the game, because when you constantly monitor the game, even if you didn’t initially want to cash out from the start, you might start seeing reasons that may push you into cashing out. Even some people who were determined from the start to allow the game play through, watching or monitoring the game could make them change their mind in an instant, or feel the need to question their decision. Inasmuch as cashing out can turn out to be quite a bad idea sometimes, it can also be a safe haven sometimes, the problem is that you just don’t know when it’ll be a good choice and when it’ll be a bad choice, but the truth is that, if you get the timing right, you wouldn’t actually have any reason to regret cashing out. Although some people might claim that it’s better to lose all than take a cash out, which I believe is total bullshit, a win is a win, no matter how small. |
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The pressure and mental stress you are going through is what every trader is also going through even if they are hiding it, you no go put money for something and expecting the thing to go up to give you profit and instead of the thing now to go that direction e come dey go opposite direction wey person no go vex or be on pressure but na waiting make e dey good to stop trading and just invest and hold for long term with this, you have cut down the pressure and mental stress because your target na long term and e no get as e wan be wey Bitcoin no go, go up in years coming unless en don stop to dey exist.
The quest for short term gain or quick profits don really put plenty people for wahala, both financially and, emotionally and even psychologically. Plenty people don even go bankrupt due to say them Dey pursue that quick money, and the worst part be say plenty other people no go still learn from the experience of others, them go wan make e first happen to them before them go hear word. Trading comes with a lot of things and requires someone with that mental preparedness and several years of experience to effectively navigate the trading sphere, it’s not as if experienced people are immune to losses, they are but the thing there is that, most of them have learned and mastered from experience how to manage their money, risks and emotions when trading, which is very crucial for every trader and this has helped them mitigate certain losses. |
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This is not just for bitcoin but definitely for all investments that are also carrying its individual risks. It’s highly advisable to use only your discretionary income, not because it’s the requirement, but it’s the right thing to do so you won’t end up in regrets and frustrations once you witness your business or investment not working along with your hopes and expectations.
And when we say investment, it’s a long term goal and process, so you have to keep investing and grow your investment for the whole time, thus you have focus only on what’s your capable to spend and lose in the long run.
This isn't entirely true. Not all investments requires you to use your duscretionary income to invest in, i could give a dozen options but let's forcus on real estate investment. Yes, real estate business has its own risks, disavantages and pitfalls too, but such investments requires you to use a huge sum of money to invest in it. The reason that it is advised to use discretionay income is due to Bitcoin's volatitly, you might never know what will happen next and thus using funds that are not discretionay could be dangerous, but investments like real estate could somewhat be predictable |
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I'm with you and that's an illusion, a fantasy that the casino sets us up and leaves us feeling like we're in love, but you have to be very intelligent and know that the house's advantage always prevails, I used to be like that, I used to get excited that I was going to win at dice and suddenly I had many Consecutive losses and that's how our money goes away. I think we've all fallen into those rookie traps at some point.
I see a lot of people falling these obvious traps and dellusions that they are at more advantage of winning, which often pushes them into taking unnecessary risks with so much high hopes of winning. This is why it is important for every gambler to really understand the concepts of gambling, the role and presence of house edge and also risk management, because that's the only way avoid falling into those obvious traps and maintain a responsible gambling. |
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Many people gamble with the goal of making a profit, but most can't control themselves and get trapped in an addiction that's difficult to break out of. These people tend to prioritize profit, ignoring the amount of losses they've experienced; their only goal is winning.
However, some gamblers also aim for profit, but they don't prioritize it. So, if they lose, they accept it instead of chasing it, and winning attracts them. The difference likely lies in each individual's mindset.
That is very true. It's the mindset one has that keeps him running for a long time. If a gambler just looks for wins and ignores his losses then he is bound to lose more at the end of the day.This mindset will keep him poor throughout his life while on the other hand if a gambler plays within his limits and accepts his fate then he would be the one who ends up saving more at the end of the day. So it is better to stop chasing losses and focus on responsible gambling. Inasmuch as what you've ssaid is true, we can't also overlook the fact that some gamblers who take this path also end up winning more at the end of the, and this is even the major reason why some naive ones often consider that option as a shortcut to gain more wins in gambling, without actually considering the potential consequences and risks of losses. the fact that some people take this path and got lucky doesn't mean others would also be as lucky as he was and that is why it's always better to play safe at all time. |
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When we say we are gambling for entertainment it doesn't mean that we are not using money to gamble or are we saying that we are not having those gambling winnings that make us good money, most times when we say gambling for profits what we mean is those taking gambling to mean a means of making earn need, such as taking gambling to mean a business or a direct employment that funds their bills, it doesn't make sense that way and we need to understand the differences.
Yeah, the best part of gambling is having fun and still making those extra bucks from gambling. But even when those wins doesn't come, it's really not much of a big deal because you weren't really expecting it or having high hopes for it, because it is when gamblers have high hopes or plans for gambling wins that they often encounter problems. The main priority should be having fun, and if the wins comes, then that's an extra, and if not? you still end up having fun. |
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I agree on this based on my current situation which I’m financially stable through my job and investment even the money involved is huge for me to have much better life.
I’m happy and contented so risking my life for a better version of myself current life is not worth it.
However, I’m sure some people in the poor class might take this offer because of hardship in life.
Yeah, i believe the major reason why some gamblers often resort to taking some unreasonable risk is because they see gambling as an opportunity to elevate their financial status, which means they are really not contented with their current financial status. This is a mistake that a lot gambler often make, thinking that gambling could actually be a reliable source or alternate source of income, this mostly influences their actions and push them into taking careless risks just to make sure that they win. |
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Let pardon Ruben Amorin if not for anything but for today result, like I'm just so excited today because of this win against Chelsea, I don't really know where I should be hiding right now had it been Chelsea won this game today, like Chelsea fans would have been coming on me like a rain fall, I just thank God for today.
The truth is that Man U were just lucky tonight. before you conclude I'm a chelsea fan, I'm not, and my review is coming from a very neutral perspective, if it wasn't for the red card that Sanchez bagged tonight, Chelsea would've been a difficult, or maybe an impossible nut to crack. Amorin wasn't strategic at all, Yes the players played well, but I don't think their performance was enough to beat Chelsea if it weren't for that red card. |
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I find it amusing when people bring gender preference into gambling. Women are actively involved in gambling, just as much as men are also actively involved. and the same way that men also get addicted, so does women do too, and it's something that happens everywhere around the world, not necessarily about culture. Although there are actually some particular races and culture that prohibits gambling, but the prohibition is both genders and not just women.
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Is Bitcoin only for the rich? The answer I think should be No, but you know the kind of mentality the poor people have, they don't believe in changes and they think everything is fake. A rich man can invest part of his savings but a poor man will always thin otherwise. That is the reason they say rich keep getting rich while the poor gets poorer due to there mentality. But for Bitcoin it's for the poor and the rich, nah for poor people wea done see front oh
Let me add to that by saying that most poor people often sort for opportunities that would give them money without them necessarily spending or putting in capital or money into it. this is the reason why most poor folks fail to capitalize on potential opportunities when right infront of them. Although, there are also poor people who think like the rich but are limited by finances and so it also look like they also have this mentality too. |
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If someone had told you during 2015 that Bitcoin will exceed over $100k one day and you should invest in it as at then. Would you have believed?
To be honest e go head before person go even believe say something like this fit rise to the level wey e dey like this seff. I believe all those early bitcoiners no even be believe say this kind thing fot sup, their own na as dem been dey get am free them feel say na just one newly generated game, and other people seff fit just no develop interest because e too look good to be true say something of that capacity go just blow like this one day. Since I know about bitcoin, I get the believe say e go rise but this rise dem when peeson dey think no be this kind one, bitcoin just dey shock everybody. The truth be say, e only take person wey really understand the underlying technology and trust en long term potential to actually believe that kind thing, and the truth be say no be everybody actually get that trust in bitcoin back then because na still new technologia that time  . only few wey really know where bitcoin dey go na e really believe am and also put their faith to work, and e finally pay off, and now na them dey enjoy am pass. and the best part of this thing be say, the same opportunity wey those people get back then, na e be the same opportunity we still get today and e dey very sad say plenty people still dey take am for granted. |
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One common mistake that a lot of people make is that they step into that market without having any targets...Even though you are focusing on long term investments this doesn't mean that you should just accept whatever that comes, have a target and when you hit it do not get greedy...this is another thing to take not of, it's possible that you might end up losing if you start exceeding your target
I don't agree as far as Bitcoin accumulation is concerned there is no amount of Bitcoin that an individual will acquire that will be enough what you should be talking about is your financial limitations but to be giving yourself a target to meet is like putting limitations to your bitcoin accumulation journey. Bitcoin is a future currency that is still yet be fully appreciated by many even those into it so now that Bitcoin is still available and easily accessible it good that an investor should acquire as much as your finances can allow you. Inasmuch as bitcoin is the future of digital investment and in fact one of the best investment options, the fact still remains that at some point one must have to diversify their investment too. What am i driving at? before staring one's bitcoin journey, there should always be a goal, and most of the times, this goal is to gain financial freedom, and since everyone has their own financial condition, different people have their own difinition or view of what financial freedom is. so if an individual has already reach that level (which in order words is called a state of overaccumulation) then of course he has reached or achieved his initial financial goal and so would have to create room for diversification. and instead of continuing to accumulate, they'll now focus more on maintaining their portfolio through strategic withrawal, and at this point, the investor is no longer accumulating bitcoin as he has already gone passed the accumulation phase of bitcoin investment. |
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But you should be committed to your bet, after you place a bet, you should not need to monitor repeatedly that way can make us doubt what else the opposing club is printing The first goal, but if you have an attitude, of course you don't care about CASHOUT, win and lose you have to accept it, if not at the beginning don't bet.
Yeah, that is another way to avoid the temptation of cashing out your game, because if you are constantly monitoring your game, you'll surely feel tempted to take the cash out offer when your game starts taking a turn that is opposite your prediction, even if there's still a great chance of your game actually winning. this has happened to me multiple times and it i can say that most of the times, it usually ends in regret. |
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