First, let me ask you: which is better, losing money or making a profit? Let's be realistic, wouldn't we all prefer to make money than lose it? Obviously, your friend's fate is much better than yours, but this isn't about regret; it's about risk. Didn't you know you would lose in the end? Of course. Therefore, losing isn't something to regret because the outcome of gambling is always unpredictable. The point is, if you lose, it means you're just unlucky. It's that simple.  I agree with your comment, to be honest we would all love to make profits than making loss. Who would want to loss no one of course so making profits will be chosen by everyone. Gambling is just about win or loss and that just the bitter truth behind it so let not deceive ourselves, if we win we take it as luck and if we face loss let still take it as luck was not at our side. That's right, it's basically that simple, my friend. Gambling is a game of risk. From the start, there's no indication of the outcome. This means a gambler simply comes with money and leaves their fate to chance. From the start, it's clear that gambling is about winning and losing, as you said. As I mentioned before, when we lose, it means luck is far from us. Furthermore, even if you regret or even get emotional, it won't change anything. You all have talked so well but I want to o bring it to our awareness that no one would ever choose loosing to winning. I am sure whether we are gambling for fun or money as long there is a stake , the interests of players will always be on the goal to win. We just have to understand that nomatter how much our expectations has raided to an almost where your confidence to win is vey high, once the outcome goes against our will then we should have to understand loosing is also an option just in case you don't win. So it should not be a thing to regret about.
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This week was supposed to be volatile due to the FOMC, but things weren't as volatile as I expected. From the current market conditions, the effect of the news will take a few more days to be reflected in the market. I expect 113k to be raided before we see price get to 118k But in a way I feel the market could prove me wrong and head for 118k next without raiding 113k.
What's your take on the current market situation?
As long as bitcoin is concern volatility is no longer a new language. There is no one who can predict the market correctly and such as a newbie I think it would be more advisable you forget the idea of waiting for bitcoin to dip to a particular price before you start accumulating. Trying to time the market will make you miss market opportunities and as such it won't be a nice idea to wait for something that you are not sure of. To me I believe there is no perfect dip so am not really moved by the market trends. I think you are far from the direction of the OP. Perhaps he is just Speculating using feasible economy forces that can influence the market to do his analysis, so I don't think there is something wrong about him Speculating. You don't also expect newbies who was attracted to adopt Bitcoin to suddenly ignore the price as it fluctuates. It take some period of time for newbies to be experienced enough and control their emotions. So I will take the speculations of the OP as one of the Speculation threads we reads here in the speculation board.
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You've probably heard people say, "The longer we play, the better our chances of winning jackpot." But in reality, it’s often the opposite and such a mindset can be a trap. Each spin is a independent event, and every second doesn't increase your chances of winning in the next spin.
No I think that actually comes to reality maybe you have it viewed in in just one way such that a thousand times of attempts may not guarantee you winning since the slot is purely RNG where you play again the house edge. But we can also see it realistic that since every games outcome is independent like you said, then multiple chances that we keep trying can be hopeful than one who is an option to spin just once.
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I created this thread to help newbies secure their account so they won't get hacked
I wonder why a hacker would want to hack a newbie account when they can literally create a new account, make a few posts, and become a newbie just like that, unless a newbie is too knowledgeable, and has managed to get a good amount of merits early on and then someone else wants to get access to that account because they know they can't achieve that themselves.  Well I understand your thoughts are basically centered on the need why a hacker can pass through those processes just to hack accounts of a newbie when they can comfortably create as much as easy from their own ends. But it is obvious that OP highlighted reputable members being on the targets. We should ought to know that there are newbies whose activities in the forum from the beginning could prove potentials, so they can also be qualities that may interest hackers to attack newbies. Other way round, hackers may want to just gain access on newbies (users) bitcointalk account and without any activity in the account but keeping eyes up on the user and strikes when they think it is right for them. Probably when the newbie or user has acquired the expected quality.
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Good point, the problem here Is about contentment, in gambling you are not entitled to make profit so whatever amount you end up taking as your cashout should not be something that you should end up regretting as long as you are not In loss, that's the most important thing to consider. Anytime I cashout a game and maybe it ends up playing out, I just tell myself that there's a possibility that I would have lost it
That's okay; understanding that we will lose more often is a fact of gambling, and we must accept this to avoid feelings that drive us to chase wins, as this can lead us to gamble continuously, ignoring the risk of loss. I think you might little digressing but if I must ride on same point with you, anyone who even think he can win more than his looses would always one of those who takes gambling seriously for profit making money. It is really laughable of those guys because they will always end up regretting their ignorantic behaviors. Those who take notice of such risks will always be in the better modes. And when it comes to satisfaction, perhaps not all players are satisfied with their winnings, but we should try to be content with what we have. This is one way to protect ourselves from greater losses.
If we say the sports bets and casinos as much can be unpredictable is also uncertainty? I am sure every learnable players will always appreciate any moment they are opportuned to see cashout because in most times you will not even have such privilege.. Being contented on every opportunity are those who made it understood that gambling is a game of luck.
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I noticed that the reason why most Investors get panic during the dip is due to the fact that the amount they invested into bitcoin is 1 to 2x thier monthly income so whenever there's a decline in the market they always feel pressured, while some people can still be discipline enough to withstand the pressure without making wrong decision, but when you invest with what you can afford the pressure will still be there but can't be compared to those that is Investing in bulk or in lump.
I should believe you have said more than enough mate, investing with what you can affordable to loose is a remark that earlier informs beginners who are only interested on investing in Bitcoin with a wholehearted of getting rich in the very close time and also instigates risk management. It is cordially a reminder that the market is risky so you must treat it with caution and invest what you can affordably let go without getting to panic when the uncertainty revolves against your expectations. Also, so that you don't have to be left stranded when emergency needs arises as a result that you have used all your income to invest without considering savings for emergency needs in the short time. So is basically to emit investors pressures when price falls or during emergency needs.
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It is completely related to luck. Some people cash out and profit from a bet, while others cash out and face losses. Both situations can happen, but of course the gambler has to consider his situation and take a decision. One has to take risks in cashing out too. I myself have lost on many bets by cashing out, so I thought it was better to take risks. If I lost again, I think if I could have cashed out instead of being greedy, I might have made a profit. There will be excitement here, but it is better for a gambler to consider his financial situation and take risks. If the financial situation is not good, it is better to bet as safe as possible.
That is just absolutely how it goes. You cashout and make little profits and the outcome played successful supposing to give you the max win, you will feel that regret and in the other hand when you don't cashout and you later loose the game, you still feel regrets why you did not take the cashout. With all being centered on greed, it is better to take whatever likely and don't have to let it weig your forth going down and take accept it that it was part of the risks you bargained for when you had the decision to cashout or not.
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Thank you for this compilation, the topics are like a summary of the forum, great work by various wonderful users of the forum. I will plead with our moderator @igebotz to pin this post so it does not go into oblivion because the topics are important for both newbies and even old users. Once again, thank you for the effort put to assemble these.
Yeah all stated informations there are very resourceful for both crypto and forum users. So I support the motion of the Mod to pin the thread so as to make it visible for users. Especially newbies who might not have the ideal of using the forums search engine and the rest of each and everyone who might want to source necessary informations from the above. Indeed having a compiled and resourceful informations like this is a welcomed for the Naija local board. Nice one OP and please do well to update the thread at when necessary with quality set of informations like these. Perhaps the thread thread on it own can be educative with the series of helpful informations.
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What's the point of feeling regret here? Because I don't see any, we have two gamblers in the picture who use their money to place a bet. Their money, their decision. If the game is not directly playing according to how you planned it, or somehow you have a change of heart and decide to cash out, it's something you don't need to regret irrespective of how the game outcome turns out to be. Even if you did not cash out and the game ended negatively, there is still no point in regretting it, just like you not placing a bet at all and the game you intended to be on playing just like you predicted. This is gambling; grab what you can. Whichever one you are able to cash out is never yours.
You are saying the fact but it is easier said than to be done. Think about it, what we are talking about here is gambling (events that has a force within your emotions) even though you may be in control of it. I can tell you for free that there is always that feeling of (had I know) at the point of every games outcome whether you wins or looses because I have had experiences of players saying "they wished they have wagered higher so they would had gotten higher profits after winning. Also had seen others saying they wished they had wagered lower, they would not had lost so much after loosing the game. So verily are state of emotions that is accompanied with regrets even though they can still move ON without panicking.
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Only a few years ago gold was below $2000 and silver was ~$25. Silver is moving a little bit slower and that means there might still be an opportunity there.
I sometimes try to have one eye on silver but I don't think it has the same potential as gold. The gold price rise is both because people keep buying it as an investment and a hedge against the failing global economy and also the central banks of many countries have been accumulating it over the past couple of years due to the increasing global tensions that are not going to get any better any time soon. But silver is only going up because gold went up and people were buying it. I don't think any country is majorly investing in silver as a reserve due to increasing conflicts. I think the consensus of silver and gold is like that of the derivations between Bitcoin and Ethereum. We have experience severally about how Ethereum derives it price performance from the Bitcoin market which I believe the same protocols may be effective on the gold and silver market. In no doubt... Institutions, governments, banks and individual investors has obviously been partaking in investing majorly on Bitcoin for reserve and hedging against devaluation of the fiats in the forthcoming of economy inflations while investing on the Ethereum maybe an alternative without investing aggressively in it like Bitcoin due to the level of their rate of volatilities to control price while keeping values safe haven. So apparently gold is in place of Bitcoin while Silver will be in place of Ethereum. Perhaps these is subjective to demonstrate the potentials of both silver and gold in dominance of how they are reasonably adopted.
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This is what I write all the time. Most gambling players are being disingenuous when they write that they play only for fun. Or they understand fun as something else. Most players need entertainment to be accompanied by thrills, and this cannot be achieved without money or high winning odds. For this, many players are ready to endure many years of losses. Therefore, if we believed that players play only for fun, then all casinos would remove paid games and become platforms for free games for fun. Indeed, if you only want fun, then why don’t you play free games? I often play free games and enjoy it.
You have said it all. No stake of values, no potentials that you would make profits even at your mutil wins. If you only want to play for fun then will be not take that risk of staking but play free probably the demo or the console games when you thrills only entertainments but zero risk of lost and zero rewards. For the entertainment aspect while gambling with the potential to make profits will always give the industry the opportunity to make profits. So it is either you win and the companies looses or you loose while the companies are profited as long stake of money or other values is involved even while betting for entertainment or prioritizing on the profits.
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For the case of the Japanese political party leader, even though they plan to make an AI their leader, this bot doesn't have independent authority to interfere in political activities but to concern itself with the decision making concerning the growth of the party.
Moreover AI can't issue a command on it's own, can AI even attend to meeting? I would say that they're just Miss using AI because AI is not created for this purpose. I'm sure that this isn't going to work because there are Alot of things we human beings will display that AI can not be able to display because there level of knowledge is artificial not like that of humans so they shouldn't even think of such because if they do, definitely they won't progress. I'm still wondering why they want to choose AI over human beings, or maybe they feel that AI can do more better than humans..... If that's the case then i think they are making a whole lot of mistakes. Is there really something the people in that region are not told where AI is taking ministerial position in the politics and economy affairs? I doubt how this technology will be fair when it is also programmed by some individuals who are also of the concern to take their own share from the public revenues called national cake? I don't know how this proposed AI technology can genuinely be so fair and accurate with it decisions. Although I don't underrate the capacity of technologies today. I made this topic an opened discussion with a friend recently and while I may argue the AI can not be trusted due to it computations and operations maybe refered to as ideal initiated by some group of corrupted authorities tend to be outsmarting others with the introduction of the AI in a geopolitical regions full of sentiments, we can only give the technology an appreciative chance to prove to us how different it can make better decisions than humans in the long term in this case and only then would our doubts and conscience be cleared. But for now, it can not be guaranteed to be fair.
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So I think most times the only way to avoid this is by going to bed and forget about it but sometimes you need to stay up to monitor the game.
What do you guys think?
You don't need to roo far I have had experiences on both sides before and it has mostly ended regrettably. You can see on the quote is the express of similar experience I shared here yesterday. Mystery in the uncertainty of gambling and cashout. A friend of mine is regretting why he cash out his game that was supposed to give him a historical huge winning but he cash out halfway to avoid regrets which earned him little profits but at the end the games played all. In my own experience, i was overconfident that my games would play successfully just after the teams I had my doubts on was able to win. So I take the rest few games common and hopefully to win easily but the games cut and I lost it all even while I had the opportunity for over 70% cash out.
It is obvious that you are not guaranteed of what the game may possibly outcome in the end of the game (s) and there you just said "but" tells it all. So you just have to act according to what your risk control can bear considering if the game may ends at the opposite of your predictions. So don't be deceived that you would had made it successful if you never cashed out. I will also advice you not to employ greeds to your gambling otherwise you will keep regretting every moments you looses your bets.
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When I first discovered Bitcoin, every move in price felt like a life-changing event. A $500 drop made me panic, a $1,000 pump made me think I was set for life. Over time, though, the way I look at it has changed.
These days, I see Bitcoin less as a quick way to make money and more as a long-term habit.
Overcoming the overwhelmed of market volatilities has always been a big deal for newbies especially ones that jumps into the market without proper investment plans such as not investing with funds that would be needed to be used in the very short time. Another way of getting the market volatilities wrong is when you invests during the uptrends especially in the bull events out of the increase in values influence while you thought of getting quick rich. However, since experience has been a great teacher, it has become of your own good to had come to understand that volatilities of Bitcoin will always fluctuate constantly between the UP and the DOWN trends with the tough lessions of your experience.
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When you’re not psychologically ready, you shouldn’t try and invest in cryptocurrency. Who exactly is psychologically ready? If that were the case, we would not be seeing so much stress and at times even people considering suicide because of catastrophic results of speculating in cryptocurrencies. People forget about these types of posts on social media, but they happened during the last cycle up to date.
I can really see how people invests in crypto and get scammed, some ignorantly invests in shitcoins that leads to the lost of their funds after a dump of the coins in the market cap while their intentions was to invest in Bitcoin but got mislead due to their lack of knowledge and ignorances and after on they says the entire crypto markets is a shit. Ndabagi01 is telling the right thing and I wonder why you are being deceptive to yourself. That is by the way, no investment is risk free and Bitcoin as an admirable asset isn't exemptional via it effects of volatilities on the aspect that future price can not be predicted. So in other to stay healthy and successful investor in Bitcoin or any other crypto, you must be psychologically balance so where you don't have to panic on the approach of the volatilities so that you don not also think bitcoin is such a get quick rich and expect to become rich overnight after investing. However, to tell you, the essence of the psychological is to control your emotions so that you do not make decisions that will disrupt our disorganized your plans. You gotta trade for a side hustle not main income. Sure, but what does that mean in terms of time cost? Do you spend much less time on it? If you do, then do you realize just how much worse your already terrible chances get?
Get it right, side hustles are other means to earn more incomes aside your major source of income. So you have to act with caution by not giving all of your funds to it neither your time. So you should always trade with funds affordable to loose and create a trading timeframe after you have attended to other necessary things because you do not have to trade when your mind is divided with other things or spending your whole time on it knowing it risks is not Worth reliable to your short and long term needs.
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Which can be more addicting between the two: placing small bets every day or gambling only once or twice a year but doing so with huge amounts of money?
Using huge amount to wager your bets even in daily basis does not mean you are an addict talk more of gambling once or twice a years. What matters is yours bankrolls if it is sufficient enough that the monies spent on bets does not affect your savings. If we want to talk about addiction, it is something we feel urge of doing on the constantly and are felt tempted or disturbed if we never get the satisfaction when the urge comes. So invariably, the closest times (daily) one gambles reputedly stand chances for one to be addicted. We can not address someone who gambles twice a year an addict because after the two rounds will have to stay off until the next year. Meaning no urge that may be tormenting him based on the period of time active and inactive.
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Lately i have read lots of news having lots of variants of malware being release, from just a software having malware in it, to messenger, telegram discord, stealing credentials, before its only data now its the money straight from wallets with funds, browser, reading some malware are just being rented as a service and then using by bad people, having percentage of the loot they get, we are now dealing with this kind of attacks that is more of a pandemic in digital world. What are you're thoughts about it? are we gonna seeing more of this in the near future?
When you think you have seen it all could just be a starting point. As technologies evolves with new developments and so inclines with security enhancements, so also malwares developers considers to also create more sophisticated softwares to have the ability of doing their evil jobs of stealing people's valuables through the internet's. I guess we never thought about Bitcoin not until it was made a reality development after much we have only thought about a digital currency. So also, we never knew scammers can be so dangerous that they could use images, clipboards, links and all that to steal our funds. What was mostly notable then was scammers who have to convince victim before they can get access to their privacies or stealing their funds. But things has changed that everything almost look possible with the varieties of technical tools being existed nowadays. So I will urge you to strengthen your securities by checkmating on every suspecious ness because, online scamming schemes are revealed on regular basis but until a a target has be victimized before most of us are aware. So don't even think we have come to the era of invasion free or you have seen the worse of online attackers.
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Yes, bankroll management simply increases the lifespan of your money, but does not help you to increase it. And it is strange that people with such interest discuss bankroll management, but at the same time are extremely reluctant to discuss strategies. In any case, on our forum I have seen very few topics devoted to the discussion of strategies. On the other hand, this is natural and understandable. If someone has a working strategy that is capable of bringing profit in the long term (we are talking about sports betting, not casino games), then most likely such a person will keep his strategy a secret.
Ahh... I thought bankroll management are strictly the bases by which bettors are accountable of how they uses their budgeted gambling funds to gamble. If that is it, will there still be any essence of segregating the strategy of how you manage your funds in the sport bets and the sport bet? I am curious maybe I am missing out. I think the secret about about should be based on our incomes that determines the values of our bankroll and find strategies that can be sustainable in the long term while we keep giving the entitlements of winning trials on how we can be successful.
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na 'm very sure Elon musk we gain back the title as the world richest man very soon because he has other investment that his still working on and I'm sure when he's done with it more revenue will come and he will be ranked back as the world richest man.
Funny how you talk like the position of the world richest is a heritage to Elon Musk. See... Something you have to understand about this global weath analysis is that most of them are being politicized and sometimes manipulated. Elon Musk may not be in that position for his lifetime. But anyhow, I like the man in as much he is more focused of tech. Besides... He has supported the growth of Bitcoin and cryptocurrencies at large and he does not seem abiding with those old folk who are not conversant with the developments of the modern eras and knows what is fit-in. However congratulation to Larry Ellison becoming the world richest man is not easy is very difficult and he has achieved it even if he is not rank the world richest man anymore as long as he has become the world richest man before it is a good achievement.
Not easy at all and that is just a sign that we must acknowledge that all fingers are not made equal. You can imagine people struggling to become outstanding or most notable in their respective localities and some are out there struggling to lead worid richest. Indeed, congratulations to Larry Ellison
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When your friend complains, I think he's exaggerating. He should be thankful that at least by cashing out he was able to make a profit and thus be able to place more bets without spending more of his bankroll. While in your case, having lost everything, you'll have to put money from your bankroll into betting.
You are absolutely right. Maybe I should consider greeds in-between just as said that my friend should be thankful for atleast he made some cash out but instead, he feels bad just because he could not take the whole profits as the outcome of the game summary went successful as he predicted. While in my own case, I also believe I have some touches of greed too though or I should say I am just one of the risk bearers that is under control of my emotions so I don't rush cashing out just as exhibited. But to be sincere, if I have made the least cash out as my friend, I think I should be feeling better than now because I can still feel that regret of missing the cashout when I had the chance.
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