This is a common mistake that a lot of people make, they dive into using a casino for the first time without really doing their research about the casino. It's important to find out if a platform is trustworthy by asking questions and looking at the reviews of other gamblers if it's not really a casino that's established. There are certain things that you would not experience when you use a trustworthy casino
It's hard because emotions are bigger than reason itself and sometimes that wins, always when there are emotions involved confidence increases and many things are overlooked, it's difficult to tell Someone to wait when they really want to play and don't care about anything , as if the world was going to end, after they take the hard blow with the money is when they Reflect , well those who manage to do it. Well said, emotions do have a very powerful way of fogging judgment, most especially in risky areas like gambling or trading. It’s always easier to remember the damage that is done, but the real challenge is learning how to wait think and reason in a right state of mind before making any emotional move. Discipline and self awareness are key. If a person can actually realize that emotions, can wave income and being you back to nothing, that person is actually good to go.
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So how do you think the strength of a country's currency help to boost economy of that country?
As far as I know the strength of one currency lies and is very influential on the country's own economy, for example Dinar Kuwait (KWD) as you say, it is true but their currency is strong because it lies in their economic stability over The basis of oil exports, but if their oil reserves run out certainly dominating the Kuwait economy can collapse, it has happened to Venezuelan. The situation can also occur in other currencies such as OMR, BHD, Jod and so on, in contrast to the dollar, for me in terms of the global economy the strongest currency today is the dollar, even though it is exchanged in a distance from the currency KWD and others, are not easy to shake, for example such as the formation of BRICS, but the strongest dollars are globally. i agree with your comment, the strength of a country currency is actually relate to the economic fundamentals of its country, and while currencies like the Kuwaiti Dinar KDR are strong in value, due to oil backed economy, and they heavily rely or this source, once the pillar weakens, so does the currency. The US Dollar, on the other hand, remains stable and always in the top height currency not just because of its value, but because of its widespread use in international trade, and mostly for developing countries. I would say it's not actually just about how a currency is valued, but how it helps the economic system of it's country.
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Bitcoin can be an interesting tool for savings, but it is too unstable for everyday business expenses. To keep a company running smoothly, it is important to hold the main funds in regular currency or stablecoins for salaries, rent, and other essential payments. Cryptocurrency can be used as a small part of savings or for investments, but it's perhaps unreasonable for everyday expenses, small personal transactions.
i agree with your comment, Bitcoin and other cryptocurrencies can offer long term growth potential and protection against inflation, but their volatility makes them risky for covering our day into day business expenses. For businesses, stability is key and things like,salaries, rent, utilities, and supplies all require predictable cash flow. It’s all about balance and brain work, using crypto where it makes sense, without putting our basic needs at risk.
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In the present time, everyone needs a reliable income to lead a life. If there is no stable income, then the opportunity to lead a good life will be lost. On the other hand, even if the unstable income is high, there will be no end to worries about it. If a person's income is limited and safe, it is certainly good for him, but if he wants to live normally, he must increase his income. In this case, those who have limited income will have to look for a new source of income, on the other hand, those who have a high unstable income should use that income to create some other secure source of income in the future. In this case, what should a person do depends on his condition.
You are actually right. In this world we are living in today, financial stability plays a very vital role in our overall well being. A steady income, no matter how small it is, it offers peace of mind to be honest, but as you also pointed out, that alone might not be enough for long term comfort. And I would say for those with limited income, the goal should be to learning skill or engage In a profitable side hustles that could gradually build into reliable income stream and build a person's into financial growth. And for those with high but earnings, it's wise to reinvest into more secure assets like savings, real estate, and many more financial opportunity.
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I brought this topic to encourage newbies and some old members that are working in some companies, to take advantage of their salaries to invest in cryptocurrency and other assets that are profitable.
First of all when you dey talk of investing into cryptocurrency, you need specific say na Bitcoin because not all cryptocurrency wey need to put money. Wettin you talk no bad atol, but wettin dey dere be say some people salary no even do them to survive for Naija, talk more of to invest. Person fit only invest when him salary dey enough to sustain him family and to also invest into Bitcoin. I myself when I been dey work for one company, I don reason to invest in to Bitcoin but the money no even dey enough to sustain me, but when I get better job wey I begin see small money naim I start to invest small small. When we dey talk of investment make we dey also consider our pocket if we go fit cope, no be to buy today sell tomorrow. Bitcoin investment na long time something wey we need do am in a way e no go affect us. In as much as we must not wait for everything to be perfect before considering saving from our salary the truth must always be told about given certain level of priorities to putting our basic needs first before talking about saving money from our salary or involving in some kind of investment, I can not be struggling to meet up with my basics needs and be saving money from my salary let alone investing not even to talk of Bitcoin investment that is best for a long term, saving money is not that easy as some people may have it some times those that doesn't have much financial responsibilities thinks that saving is very easy but however, one can work towards improving their financial circumstances as well as having a good financial management skills to enable them to save and invest because having poor financial management skills can also lead to unreasonable excuses for not saving or investing. You are right. Saving from your salary isn’t just about discipline, t’s also about reality. When your income can barely cover your basic needs, putting aside some saving for rainy dates is actually impossible let alone thinking of going into an investment like Bitcoin and others.It's actually important to first stabilize your daily living. But beyond that, cutting unnecessary expenses, and building good money management skills can make a big difference over time. Even small, consistent savings can add up. It’s not about how much you save, but how consistent and you can follow up and keep to it.
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Without an addict being willing to change, they can not get help, though they might not be entirely able to change on their own but the very important thing is to seek that change on their own first because like you have said, it is desperation of gambling profits that makes players get addicted and when they become addicted, they should be able to realize it and seek for help if they really want to. I assume that a gambler should know it already if they are getting addicted.
In some cases, the addict does need help and asks for it The difficult thing is when the person is addicted and does not accept it, then it is even more dangerous At least the one who Seeks help is clear that he needs other people, but the one who does not accept it believes that he is doing Everything right and that is when he becomes most decapitalized and the problems are going to be much Greater. You are actually right, and I agree with what you said that's the most difficult thing, and addicted person denying, that's he or she clearly doesn't want help from anyone. When an addicted gambler, doesn't realize they are loosing it and making a mistake and refusing help from people and they can actually go down financially, mentally ad emotionally.
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I am pretty good with computers and technology and I also found it was very difficult to understand and grasp. At first I was confused how mining worked. Why were we wasting hash power? It needed to solve something. I figured all those miners were some viruses and I moved on.
But it kept gaining popularity and I read more into it and found it interested and finally decided to invest some money into it. But it didnt end there. There was issues with safe guarding your coins because there is way too much theft out there. So I had to learn about cold storage and such. This is not very easy for the common joe to learn, even if they are good using apps.
This is why the ETFS are good because anyone can invest in Bitcoin and other cryptos and not worry about the technical stuff.
You are actually right, today so many people fall victim to scams because they have been promised so many unrealistic returns, especially from so many online link's with fake testimonies, and alerts.The truth is, genuine investment like with Bitcoin takes a lot of time, patience, and understand before one can start earning form it. You don’t need to be an expert in every technical aspect to benefit from Bitcoin. Just focusing on its use it and the do and don't of it, is already a good approach.
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Some don’t even know what bankroll is - or if they do, they don’t know what bankroll management means. Most are just typical gamblers, they play with whatever money they’re willing to risk and if it’s gone, they stop. Some get addicted, but that’s another story since they’re only a few. Bankroll management might not sound like a strategy for some, but it’s actually part of the strategy if you’re serious about betting. it plays a big role in making sure you last for the long term. But if you’re just playing for fun, then it’s not really something you need to know. [/quote] You actually made a great point here. This Bankroll management of a thing actually look's like nonsense to so many gamblers most especially those who are new to gambling, bit it's actually one of the most important tool in betting that so many gamblers don't know, and other know but are just taking it not too serious. It actually helps preventing so many unwanted decisions most especially emotional decisions. Many people don't actually have this understand that without managing your Bankroll, it can lead to financial breakdown. It's not just about winning or how much you bet or even staking big, it's all about knowing when to bet, knowing how much you are betting with, and knowing when to walk away when necessary.
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Do we all really see people that are clearly making profits from gambling as people that can be counted for addiction? Because much of what ha being in the discussions in the forum has scarcely included profitable gamblers to also be within the group of those suffering from addiction. While I agree that other forms of entertainments could be used to wean off from gambling addiction, I personally don't feel comfortable substituting to video/computer games. They are relatively addictive as gambling to, and I can explain why, if you would ask. You actually made a great point, many people actually fell like it's only those who loses always form gambling, there are the onces who always get addicted, just because they might be chasing a big wind and the rest, but the truth remain that even those who are always having win's In gambling game's so many of them are also addicted to gambling today, it's not all about winning or loosing is about self control and dependency, when one can control his or herself for this gambling having and also have their daily or weekly limit, addiction can't come into the picture that's it they keep to them. You are absolutely right about video and computer game's also they have actually addicted so many of use today most especially those of us who feel we use them to pass away time.
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This is actually deep and maybe happening in so many countries today, but who could call name's, absolutely no One most especially when they do it in secret. It's actually very bad when leaders preach about something in public but they secretly indulge In it, I would say it actually damage public thrust. How can leaders or even the government want people to follow or obey rule's and regulation and take it so seriously when those in authority of those when even create the laws themselves can't lead by example. Fighting gambling addiction is a good movement but when those at the top are not doing the right thing you don't expect citizens to comply.
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I also read this story week's ago and to tell you the truth it was touching buy also something we should learn form, to be honest to win such huge amount of money these days is actually very, very hard mostly people can also likely say it's mission impossible. It's not everyone you see win from casino this days remember their family first, most expecially their mum, the guy was really thoughtful and wise enough, go me I would say he really understand and has seen life or should I say experience life from the good and bad side. To me this story isn't just emotional but showing how success is more sweet when it's shared among those who were there in hard moment's with us.
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He also said that they have been doing p2p deals for almost 6 months and all their p2p trades have been going fine. Said that if I want he will share me the vendors contact. He said if I want to trade I will chat the vendor on Whatsapp then the vendor will come online on the exchange and then we book our trade there.
So should I go ahead and take the number?
I wanted to do something like dat by collecting a vendor number and doing our trading but when I checked it the price differences is very big so I stopped using different vendor. And e no dey save at all because the person always want you to send the coins first before him pay which make the trading more dangerous. So I still advice using exchange but if you know the person face to face like di way I do sometimes with some guys e go dey okay but if not it is not advisable to deal with WhatsApp vendors. The risk there is more higher than the exchange.
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Wow!!! Unexpected bonus reward. Thank you CryptopreneurBrainboss and Tonpoker team for the opportunity, we are still expecting good news from them for long term promotion.
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You're right capital is not the first requirement but having the idea about how to make a successful business is where everything lyes, because you can't wake up one day and rise capital and all of a sudden you commence a business this way the business won't last long not to talk of getting to the middle sometimes the business can just collapse one week after. So before attempting to invest into any business you must take your time to learn and master some strategies to enable you carry out a good business and one other thing that every business man or woman should learn is how to manage your capital I have seen a lot of business woman that started thier business with a little capital but looking at them this current stage there business have grown big like 10x the way it was before, so that's the perfect example of a good business woman.
As someone who wants to set up a business, you must know much about the business you want to venture into because that's the major thing that leads to failure, many people has failed in their business because of this, you should not just jump into any business because for some reasons, every business has a secret and you can only know that secrete if you calm down and make your findings about the business before starting, so you are very correct by saying that setting out a business is not only about the capital, some people think that once they have money they can open any business but that's not true because it they do without knowing what has to be known, they might just end up wasting their capital. You're absolutely right. Capital is very very important, but knowledge and understanding of the business are even more critical. A lot of people do jump into business just because they saw someone else succeed in it, forgetting that behind every success there's a strategy. Every business has its own strategy, target market, customer behavior, competition, challenges, and if you don’t take time to study these, even with all the money in the world, a person could loose it all. I would also say capital alone doesn't just grow a business taking time to get experience and learn and to grow, most expecially asking questions it actually helps the business grow and help you not go make mistake you will actually regret.
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Inflation isn't just about money printing it's also about thrust, because when people loose thrust in a system they start thinking about different things or having different motives towards that system. The truth is just that freedom actually comes with a cost, both socially and financially. The main challenge to me I would say if may not just be all about managing money supply, but actually restoring thrust, in the society, In government and in various institution.
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You are absolutely right, today many of us will say we gamble just for fun and mo other aim, but the main aim if for money, most especially those who bet on football, but where the problem actually comes is when we loose and losing is actually very common unlike winning. Most people actually bet with the aim to make quick money and st the end of the day the end up being carried away, most especially when loses become much, and chasing after losses that's what has brought so many gambler down back to square one and gambling with the mindset of chasing loss, is no longer gambling for entertainment but you are actually taking risk.
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Like this is actually the main reason why so many people don't want to involve themselves into politics,because politics is really a dirty game and so many politicians believe the best way to silent those who are note I'm same like with them is by killing. Those politicians no longer see opponent with different views as citizens and human being but they see them as threats to their success in politics that's which is very annoying, I just pray God help us because the world today most especially in politics is not given at all, a citizen who doesn't have the mindset of violence can't participate in politics because that's the way politics has being played for the begining.
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Digitalization has actually helped a lot, with online payment mobile banking, online shopping like ordering thing's we need and the rest, has actually helped alot in savings transport for these movement, time and strength. This development has actually helped so many citizens, most especially those in the rural area that may no have things like Banks and other's close to them to access. But your concern is actually very vital and it's happening today, we are having network issues, some kind of app crashes, and many more that's why as digital innovation is the future it must have a reliable network and cybersecurity and only then can we enjoy the benefit without facing any problem
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Low corruption, and high level of hard work is enough. There isn't a single nation in the entire world that can't have a great life, and I am not even joking about this. ALL nations can live a great life, and I mean great one, and while not all citizens can be great, because no matter how great the nation is, some people will be at the bottom, because we can't have millionaires all around, at least we can say most live a better life.
Only thing that keeps that from happening is just corruption of politicians. In nearly no country in the world, people have politicians trying to make the nation better, and in very rare cases where they think they are doing it better, they are not and they are just failing even though they mean well.
I agree to what you have just said, mostly corruption. Like corruption is actually one of the biggest barriers holding so many developing countries back from stable economy, better development and progress, when those onces in power plan for their own selfish interest and personal greed there's no wan a country is meant to move forward. To me I would say I don't think any Nation is naturally poor, so many countries most especially the developing onces have, natural resources, skills and creative minds, that can fetch good money for the economy but when money that should be used to being stability to the state, abd them some set of people pocket that funds the country definitely suffers.
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