Markets move fast, but emotions move faster. Fear and greed push traders into rushed decisions,buying tops, selling bottoms, or overleveraging positions.
Ethereum, stablecoins, or Bitcoin,it doesn’t matter. Without emotional control, the outcome is the same. A calm mind is as important as any chart.Do you think your biggest challenge in trading is technical skill or managing your own psychology?
Skill is often blamed for trading failures. I lost a lot of money in the beginning, especially in altcoins because my trading skills were very poor. I will not mention Bitcoin in the trading section because it is a long term process and a great way for investors to grow their money. In short term trading the coins you choose can often go down. As prices fall, you should have the patience to keep your money in your portfolio for the long term, don't sell without profit. Fear and greed are the biggest barrier in trading, so you should only enter the amount of money you can afford to lose in your portfolio.
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By continuing to meet unlimited needs in harmony with limited resources, you can reach a courageous and financially healthy state. Learn how your income and unlimited needs with limited resources can keep you out of poverty. The purpose of the state is to take appropriate measures to create wealth and as a citizen of the state you should ensure the proper use of that wealth without wasting it.
If your weekly salary is $500 then the amount you have to spend on your family if your salary is $700 after a year you will still face the same situation and this is a reality. You should set a budget for your expenses in line with your salary income, but in most cases this is not possible due to the effect of inflation but most of the time after meeting basic needs we should move towards potential investments with the amount of money that is left with us.
In this situation where people needs are unlimited, we should refrain from the kind of readiness we have to repeatedly cross the limit. For example, building a house or owning a car or expanding a business. If you can use the money you have to expand your business rather than buy a house and a car, then you can make up your mind to buy a house and a car by earning a profit from it. This is a strategy that keeps money flowing regularly without locking it in one place and tries to become the owner of more wealth by giving up your own needs for a few days through limited resources.
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The most influential factor in pushing a gambler back into gambling, in my opinion, is their environment. Honestly, I'm experiencing this myself right now. I'd previously successfully quit gambling for about eight months due to an addiction problem. Now I'm back to gambling because most of my friends are involved in gambling now. So, wherever and whenever I meet my friends, the first thing they talk about is gambling, and some of them are also playing slots. Honestly, I'm starting to be tempted to gamble again, but it's not as bad as before. Every time I tell them to stop, my friends always stop me. I'm a bit confused now. Should I isolate myself from my environment again like I did before?  To be honest, I also take breaks from gambling often because breaks help me find my mental stability and it benefit me financially. Not spending money increases my fund size so I can start gambling again when I feel ready to gamble again. This process works great for correcting past mistakes and preventing addiction. In this situation it is much easier to stop gambling because it is also good for increasing the number of wins in the current period by using past experience. One problem I have noticed is that as I gain experience, I make bolder decisions towards gambling. Starting to win after a long break and having a larger bankroll, I am tempted to play for longer periods of time.
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A seven-goal Madrid derby. Shouldn't Real Madrid normally score in this derby? What's going on with five goals? Atletico Madrid earned a historic victory today. Arda Güler had one goal and one assist, and they started the match well, but what more could they have done? Atletico Madrid came back from 2-1 down with more. The score was drawn at halftime. Arda Güler started the match so well, but he gave away a penalty against Atletico Madrid. I wish he had been a little more careful in the second half. Atletico Madrid relaxed after scoring the penalty, and then scored more goals.
This match was actually quite surprising, seeing Atletico Madrid score five goals against Real Madrid, even though we know Atletico Madrid's performance since the start of the season has been less than satisfactory. However, against Real Madrid, they were more motivated to perform better. This victory certainly left Real Madrid feeling humiliated. Usually, they are the ones who slaughter their opponents, but now, Real Madrid's defense seemed weakened and Atletico Madrid had already read them. Arda Guler and Mbappé tried their best, but their goals weren't enough to secure victory. Atletico Madrid performance since the beginning of La Liga has not been satisfactory, which was them to drop to ninth place in the points table. Fans were expecting a better performance from them, especially the match was at home. With this great victory against Real Madrid, they have moved up to fourth place in the points table. After scoring a hat trick against Rayo Vallecano, there were extra expectations from Julián Álvarez in this match. His performance was satisfactory the expectations were very high from him and he scored two goals as expected. He has played seven matches and scored six goals and assisted one. Diego Simeone should motivate Julián Álvarez to be better and get many more goals from him this season.
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If they use small budgets it will not be useful if gamblers cross limits they set for themselves because they will become addicted. If crossing limits happens they are addicted they have to be sure to stop gambling when the excitement stops. If they are not in control they must ask for help.
Exactly. I know a story about a gambler who started with very small budgets and streamed himself playing online casinos. But over time, he increased his budgets and completely lost control. His stream viewers bullied him, sending him money to build up new bankrolls, which ultimately fueled his addiction even further, and he no longer needed the money but needed treatment. Sometimes, the desire to become a star can come without a happy ending. People who start out gambling moderately tend to get greedy overtime especially when they winning with those small amounts, I have been there before...when they see that their little stake is being multiplied they get tempted to start staking high, this is where all the problems begins...one of the ways rich gamblers go broke is staking high, just in a matter of years or months they can end up losing a fortune You are right. Young people especially those who bet small amounts and are happy with small wins and increasing their winnings, tend to increase the size of their bets. I used to play within my ability at first but as the winnings increased my expectations increased. As you said, that is where the problem started. Adding more funds before I even exceeded my initial allocation to gamble creates a trend to gamble and a tendency to win more money by placing smaller bets. Rich gamblers make big bets and have high chances of losing/winning, so most gamblers cannot handle the greed. I think that placing small bets and not being greedy can make you a stable gambler.
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In Nigeria, many youths struggle so much financially as adults and graduates. It's no news that jobs in our country are for those with connections, and a few of those who acquired high paying skills. Obtaining jobs were already difficult enough, and now, with the current economy, it's way worse.
What do you think is the biggest challenge youths face in employment and how can it be addressed ?
The number of job seekers is increasing day by day. After graduation, many are spending time searching for jobs and adding themselves to the unemployment statistics. This problem is becoming increasingly serious because our country's education system is not job oriented enough. If the education system had been modernized over time, the number of unemployed would not have increased so much. The main obstacle behind modernization is the economic crisis. However, the most important thing is that the size of the proposed budget for the education sector in 2025 has been set at 5.47 trillion Nepalese rupees, which is 9.27% of the national budget. However, the United Nations Educational, Scientific and Cultural Organization (UNESCO) has recommended that developing countries allocate 15% - 20% of their budget to the education sector, compared to which our country's budget is relatively low. The budget for the education sector needs to be increased and the government needs to take a far-sighted decision to introduce a job-oriented education system. https://africa.businessinsider.com/local/lifestyle/top-10-nigerian-states-with-the-highest-education-budget-for-2025/chn9qqn
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You can use discretionary income to accumulate Bitcoin and floating cash to invest during bearish periods.
Floating cash is not meant to buy bitcoin during the dip. If you have a reserve funds available, that is what you use to buy bitcoin when the price dips while you keep your DCA ongoing. Float is the money kept aside for unexpected expenses during the week that you didn't budget for and not to accumulate bitcoin during the bearish period. Your discretionary income is that you are to continue using to accumulate bitcoin during the bear and in the bull market for 4-10 years and above. I consider floating cash and reserve funds to be the same even though they are given different names. It should be logical to hold Bitcoin as a lump sum rather than holding excess reserves/floating. The size of this fund should be above your financial stability, such as for large purchases during bearish periods. Some Investors get confused about emergency funds/floating cash/and reserve funds, but I think that each fund should be balanced for long-term Bitcoin holdings. The main point is that your fiat is constantly losing value due to inflation, so it is better to convert more into Bitcoin. Although investment and accumulation are used in the same sense, there is a slight difference between them
Whether you have bitcoin of $ 100 or $10000 they are all called investment. Investment is an asset or anything that you put your money into that generates profits overtime. When you are accumulating bitcoin, you are increasing your investment size. You are burning dollars to buy Bitcoin, which is creating a potential asset and the size of the Bitcoin stack is increasing due to frequent accumulation. This frequent buying is called accumulating and the amount of Bitcoin you are accumulate is your valuable investment. If you stop/continue after managing your stack for the long term, the amount of Bitcoin you have in your portfolio is your investment. Buying Bitcoin through lump sum during the bearish period is more like an investment than accumulate because you are suddenly buying to grow your portfolio. Bitcoin accumulation/investment is a continuous effort to complete the cycles.
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There are people out there who do not want to play gambling at all because they think that once they do, they will fall into addiction. Of course, we know it’s not that immediate nor easy but it makes me wonder whether there’s some truth to that. Is it better to avoid addiction in the first place by completely devoiding yourself of doing that activity instead of playing and getting addicted only to try and recover afterwards?
Gambling can also help you to become mentally healthy. For people suffering from anxiety, a touch of entertainment can make the time they spend more enjoyable. New gamblers seem to be more likely to lose more than to be addicted to gambling. Most of them do not want to get involved in the gambling industry for fear of losing too much. Based on the title of your thread, I think it would be unreasonable for you to predetermine what kind of measures you can take to prevent addiction before you start gambling. Before starting gambling, you need to prepare yourself mentally so that you can control yourself because gambling is most harmful when you are too emotional.
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Kylian Mbappe has been consistent in scoring goals for Real Madrid; the two goals he scored against Levante tonight makes it 9 goals he has scored this season in 7 games; he's indeed a genius. Real Madrid was a better team against Levante but i was having some mixed feelings when Levante scored one goal, i was just very scared that the match should not later end in a draw because it would have endangered their position at the top of the table since Barcelona has more goals difference which means they would have likely topped the table if they win Real Oviedo on Thursday but thanks to Kylian Mbappe's brace than weakened the strength of Levante as they finished the match with a 1:4 result in favor of Real Madrid. Mbappe might also win this years' la Liga top goal scorer because merely looking at how he has been scoring goals back-to-back, there's no doubt that if remains fit he will continue netting the ball. Yes, after about a year, Kylian Mbappe has finally hit his stride. i didn't think it would take this long, but that's okay. The important thing is to get to the end, regardless of how long it takes. So good for Real Madrid. i placed another bet with Real Madrid obviously winning Mbappe was good last season. He became top scorer and scored a lot of goals. The problem was with the team and the manager. With Xabi Alonso, the team got better, and Mbappe was making better passes and getting results. Although Mbappe was top scorer last season, it seemed like he was a failure because Real Madrid was failing. Mbappe's current game plan is such that he can score almost every match. As long as he passes well, finishing is very easy for Mbappe. Real Madrid have played 6 matches in La Liga so far and they have won all the matches and are currently at the top of the points table. If we talk about Mbappe, I will say that Mbappe is a great player and his finishing skills are great and Xabi Alonso is using this opportunity again and again. Xabi Alonso is playing Mbappe in every match in a position from which it will be easy for him to finish, as a result of which it is seen that Mbappe is getting goals in every match this season. However, I think Mbappe needs to be more focused on assisting. If he always scores goals with the help of others and if he does not assist others, then Mbappe and other Real Madrid players will start a personal conflict and this personal conflict will definitely not be good for the club. Mbappe is scoring goals in almost every match and has scored Laliga 7 goals in 6 matches it's a great start for a team. He had scored 2 goal against Mallorca but goal had been disallowed for offside. Otherwise, his goal tally would have been higher. The French forward has scored 2 goals in one match in the Champions League. His total number of goals since the start of the season is 9. His finishing skills have made him their best player. The last goal of the match against Levante was his extraordinary skill. The way he entered the penalty box and scored the goal was an impressive skill. Xabi Alonso is using him in a way that he is able to use his skills even better and is scoring goals in almost every match. Personal conflicts between players are more harmful for the team, instead of helping other players score goals, they are trying their own ways and failing. Last season, Real Madrid had an attitude against some of their players that was criticized. I think Xabi is using the players in the team very well and as a result he is setting a record of winning consecutive matches.
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This is simple but it's very important to know why we are gambling. Many people takes gambling as a place to make additional money while gambling, while some people pretends to have said it's a place to catch cruise or ease stress whenever are they are bored.
Usually, almost 98.9 percent of people gambling to make money and even though they all pretended to say that they're gambling to ease stress or seeing it as an entertainment purposes only I would say they are really deceiving themselves because everyone are trying their luck but, the most important thing over there is that one must gamble with what they can afford to lose that is why many people are saying that they took it as an entertainment purposes.
I can't say for others they may say they gamble for fun it shouldn't be fun since you are gambling with money this is what you are not sure if you are going to win or not, i know how gambling works it's now what you will do with almost all the money with you because winning is not guaranteed, I gamble to with the hope of adding up some little funds with the one i have i will target few odds games uneasy to cut the rate at which i won't win is low and play with amount i can afford to loss but not just little money a reasonable amount but i can afford to lose it and it has been working for me in the past weeks so i gamble with the hope of getting additional money. In reality, most gamblers are told to prioritize having fun so that they don't gamble just to make money. You will see examples of gamblers who gamble a lot and try to win back their money even though they are likely to lose. There is definitely entertainment in gambling, otherwise gamblers wouldn't spend so much time gambling. It is only recommended for those gamblers not to chase after winning and to keep within their proportion. I made some potential bets with the money I had in the hope of winning. I needed the money at the time but lost the rest of the money. The gambling experience is a sad one for many gamblers but not for all. Some get lucky and enjoy the initial wins.
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Levante started the match well. They were about to make it 1-0 in the third minute, but the shot missed the target. Levante had another chance, but again, it didn't find the target. Real dominated the game in the following minutes and took the lead. Real again looked for goals with long-range shots whenever they had the opportunity. Alonso must have told his players to shoot the moment they saw the goal. Real's players were firing at every opportunity. Mbappe scored twice again. The Panenka penalty was superb. Real won again without playing very well. They maintained their league lead.
Levante scored a goal in the 53 minute of the match but it was ruled offside. They also failed to create any attacking chances. Real Madrid won the match very easily. Vinícius scored the first goal in the 28th minute of the match, while forward Franco Mastantuono scored the second goal, while Mbappé scored the third and fourth goals. Real Madrid's victory was impressive and they increased their points to 18 points after winning all 6 matches. The winning streak in the early stages is good for Real Madrid, but they should be prepared to win against a stronger team. I consider Barcelona to be the strongest opponent for Real Madrid. Xabi Alonso has kept the team in a strong position so far, with excellent coordination between the players. This trend should continue until the end of the tournament.
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My Countdown to Senior Member Rank
Number of Merit(s) Left: 20 16
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In Bitcoin investment what you should prioritize more as an investor is your discretionary income because that is what will be used in accumulating Bitcoin and if you don't have it, your investment won't work that means it is very vital to have or get it as an investor. There is no specific months to which you should keep an emergency funds but it is good that as you are keeping your discretionary income you are also at same time keeping your emergency funds for security reasons. I don't really know what you meant by prudent Income but I want to believe we don't need a prudent Income before we can investing, what will just need to invest is a source of income we can get a discretionary from.
Every body should know that discretionary income is really the base of any Bitcoin investment because without it, you will always feel pressured to sell when life hit.. I sha agree with you on emergency funds, it goes hand in hand, so you don’t end up touching your Bitcoin stack when urgent needs comes.. About the prudent income part, I think what some people mean by that is just being wise with whatever income you have, no matter how small… If someone is putting money into Bitcoin without having any discretionary income, it is almost like they are setting themselves up to fail because the moment life throws them an emergency, the first thing they will do is panic and sell off their Bitcoin at the wrong time.. That is why emergency funds and discretionary income almost go hand in hand, like you said. If you have a cushion aside, you don't feel the pressure to liquidate your stack. I would even add that it’s not just about emergencies, sometimes opportunities come up in life, and if you have no spare funds (separate allocation), you’ll be forced to touch your Bitcoin…. Having those safety net gives you peace of mind to truly hold long term.. It has been proven that we can only succeed in holding our Bitcoin investment for a very long time if we use discretionary income to invest in Bitcoin. So if there are investors that are not using discretionary income to invest in Bitcoin, they won't succeed with Bitcoin investment because it's obvious they are using the money meant for their expenses to invest in Bitcoin, and they will surely sell their Bitcoin too early to solve their expenses. That's why it's advisable for every investor to prioritise using discretionary income to invest in Bitcoin so that we can always take care of expenses and free ourselves from being under pressure to Bitcoin for a very long time. You can use discretionary income to accumulate Bitcoin and floating cash to invest during bearish periods. Although investment and accumulation are used in the same sense, there is a slight difference between them. In one sense, consistent accumulation comes from your consistent income but when you consider investment, it refers to a lump sum buy. Those who do not have the ability to buy Bitcoin at a time can continue Bitcoin through discretionary income. This is a simple strategy for them and is equally effective for the wealthy. This is why the DCA strategy for Bitcoin accumulation is very simple and effective for long term. The term accumulation refers to a small amount that gradually increases in size when we consider it as an investment and an investor with a small income can build a large investment stack of Bitcoin by accumulating a small amount of Bitcoin.
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many people jump into Bitcoin only after hearing about others making profit.
You arevcorrect many people dive into Bitcoin investment because they heard that people are making hudge profits from it which is not making sense, Bitcoin investment is not something you can just dive in and expect to make hudge profits within a short period of time, why because Bitcoin is not a puzzle scheme (get Rich quick something), Bitcoin investment is a game of patent and consistency you can only make reasonable profits from it when you accumulate a good portion of it and hold for Long team 4 to 10 years or more. If you want to make more profit by investing in Bitcoin for a short period of time, then it will be trading, and if you want to hold Bitcoin, then you must hold Bitcoin for a long time. If you want to hold Bitcoin, then any investor must use the DCA method, then it will definitely help him hold it for a long time. If a person wants to keep Bitcoin for a long time according to his correct thinking and planning, then he needs to have a period of stability of at least two bull runs (8 to 12 years). And if he allocates money for Bitcoin investment every week or month and collects it according to the DCA method, then he will definitely be successful in the end. Because if he invests Bitcoin according to the DCA method, he has a higher chance of success. You are right in recommending a long term for Bitcoin investment but you later said that the term two bull runs is not really correct you should say at least two or three cycles. You should clarify what you really mean by stable period. There is no stable period in investing. You are recommending Bitcoin investment and long term DCA method. This method for Bitcoin investment is very correct and great for any people. With this method you will be able to accumulate Bitcoin regardless of the price and you will eventually succeed in continuing the cycles correctly. To continue accumulating Bitcoin through DCA method you need to build a backup fund so that in case of emergency you can solve urgent problems without having to withdraw your Bitcoin holdings.
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I think the answer is No, what we should understand is that something favours Mr A might not favour Mr B. It's all about personal decision and idea. Though some people might want to invest if they are properly enlightened about Bitcoin, Bitcoin is a nice investment but on how a novice is not properly tutored he might make a very big mistake when investing and thereby discouraging others not to invest. I have also had a one on one discussion about Bitcoin with a friend but he blatantly told me that Bitcoin is a ponzi schemes, so I started giving him instances which make him start understanding how Bitcoin works. So I think that it all depends on individual differences and who is teaching him or her. Bitcoin is a nice investment and I will advice people to start investing in and also invest wisely.
Personally when you discuss Bitcoin with your friend, they will initially call it a Ponzi scheme. They did not have Bitcoin in their studies and they did not even try to see how Bitcoin works. How you convince your friend that Bitcoin is a great investment and how much he believes you are is also a consideration. If you tell a new investor who is just starting out with Bitcoin that you will get rich in a short time, they may follow you and be more enthusiastic about investing. Especially investors who trust you in terms of investment should be encouraged to invest in Bitcoin based on their own knowledge. Recently I tell a friend about Bitcoin and recommendation him to research and review the history of the past years. The boy considered it very carefully and expected to jump into investing with great enthusiasm, but when he was told about long term accumulation, he was a bit confused. But when he was told about the DCA method, he came back and already started Bitcoin. I think instead of telling someone in detail about Bitcoin, you can simply recommend them to review the history of the past years. And tell them - do you want to stay in the traditional economic system or create your own financial system, if they don't want to be financially tied to inflation, then it's better for them to start Bitcoin now.
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If the player has the choice of withdrawing after a big win, there is nothing better than that. The wrong step is to gamble it again and eventually lose it. It is a nice story that a person can finally get a better place to stay but I hope they cover their gambling debts as well too in the process.
It feels good to see people taking responsibility after making money too. However dont use this as an argument to start gambling again, such stories are rare.
When you've made a profit in gambling, the best option is to withdraw it, stop gambling, and go enjoy your gambling. However, we know this isn't easy to do because there's the temptation to win more. Some players fail to withdraw their winnings because they still think they'll win again, but the greater chance of losing means they lose their winnings. Therefore, we must be smart in gambling, lest these expectations wipe out the profits already earned. That's right. Gamblers think they will win again so they keep money that they don't withdraw. Or if they save it for the next day, it might work out in a positive way for them. This means that if you start playing today and win one, you should stop and save part of the profit for the next day. If you withdraw it, it will be even better. I think that while gambling, you should think about the future while giving importance to the present. If you win a game and withdraw it now, you will have to deposit money again to play the next day. So instead of withdrawing some of the profit, it would be wise to deposit it for the next day. People who are used to playing for a long time, use this strategy because they are not just playing for that day but also preparing for the next day.
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Although the rich has more advantage to be successful with Bitcoin investment than someone that is poor but this doesnt mean that they cannot also benefit from it...after all, not everyone that started out got into it with a huge amount of money...Bitcoin involves taking risks, everyone has their capabilities and limits, all you have to do is to stick to yours..don't invest a certain amount just because you want to do what someone else is doing..Take risks that you can handle
The rich are more likely to succeed in Bitcoin than the poor, which means they can hold on to more and buy more to complete the cycle. When the price of Bitcoin drops, the rich can buy aggressively and achieve their goals. The poor cannot enter with large amounts of money because their daily income is very low and they work day in and day out to meet the needs of their families. However, I think the poor can be more progressive in Bitcoin than the rich in the long run because they learn to be more patient from the pain of poverty and the intense desire to be rich can help them reach their target.
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Bayern munich had the better performance of the day against Chelsea,they were better organized in all positions especially in attack than Chelsea were and it gave them a convincing win over the overhyped club world cup champions. However despite the tight schedules for Bayern, Hoffenheim didn’t stand a chance against them in the weekend. Bayern Munich were still able to get a win with tired legs.
Before the start of the game the football world was all expecting Bayern Munich to win that game and this is due to the form that the current Bayern Munich squad was exhibiting as they totally destroyed teams in the Bundesliga coupled with the confidence and also the composure at they handled their business, it was definitely not looking good for Chelsea to win although most Chelsea were hoping for the magic they perform in the world cup finals. Bayern Munich performed as what was expected of them and they did not let any loopholes where Chelsea could take any advantage. They won this match comfortably by 3 - 1. Just by looking at the stats, Bayern Munich dominated the match by 56% of the possession. They played a more aggressive game and had a higher number of shots towards the goal. Cole Palmer scored a single goal for Chelsea in the 29th minute of the first half, but that was the only good performance by them. Losing the first game in this UEFA Champions League season isn't the start they would be looking to start with. Chelsea's current situation seems to be heading towards a bad position. I have noticed for a few matches that Chelsea's attacking part has not been able to do much. For example, before they used to score goals with very fast speed or their opponents could easily deceive one and a half minutes. But now they seem to be very bad in all these aspects. Let's see what happens in the future. I never thought that Bayern Munich VS Chelsea's match would be like this. I thought that maybe there would be a draw in the match. But I never thought that Chelsea would lose so badly. You are right. Chelsea's performance has been on the decline. They have not been playing well this season, they have not been able to attack the opposition well and their forwards have not been playing to their potential. After their huge win against West Ham last month, I thought they would be able to show their potential and strengthen their position but they did not get full points by drawing against Brentford. The upcoming matches have become even more important for Chelsea who are in sixth place in the table as they need to move up. Their next League match against Brighton will be a chance to test their skills.
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I think it's all about self discipline. Without it, things like being addicted or frequent gambling resulting to losses is bound to happen. It doesn't matter where you stand in your financial capabilities, once you're hooked up you will gonna face consequences emotionally and mentally. I've seen middle class people went broke, and poor people went worse.
Imho it's because they didn't know where they were getting into. People without plan and people who don't know that they are more susceptible to addiction are bound to make huge mistakes. I mean you don't do anything else without planning either, so why would gambling (where some people notoriously have troubles with), would be different. If you want to spend a night out having beers, and don't plan it in any way, there's a similar kind of risk of using way more money. Difference being that while drinking, there aren't that many opportunities to spend as much as you can with gambling. Agree, people who plays blind are in the path of losing a lot of money and making more problems. Sometimes you really need to chill and have fun like how it should be, no losses and no pressure of making mistakes because it's pure entertainment. People have a wrong perspective on gambling, it's kinda difficult to make it a profitable one but let's be honest, gambling in general aren't really a profitable way to earn money. Worst part is having a lot of problems and experience gambling addiction which is very hard to overcome. In gambling you have the opportunity to correct many mistakes. If you follow those gamblers who play endlessly and eventually return to profit or loss in any situation, it may be responsible for losses instead of benefiting you but with experience, the amount of losses will be more likely to decrease. Regardless of people's views on gambling, you should continue to gamble with your own perspective. Initially select and avoid projects that are more likely to cause you to lose. Start playing with the attitude that projects will not be profitable for you rather than being greedy.
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We are quick to always say that our losses are promoted by emotional instability resulting in the release of adrenaline and dopamine. Those are factors that makes you more hooked to gambling but this doesn't mean that you cannot be in control over your actions. If you are disciplined then we don't have to worry about being controlled by it. Its about having limits and gambling responsibly
I agree about having limits and gambling responsibly. We tell this for so many times and that makes us want to gamble even more. Because we know that the limit hasn't been met yet and we're going to stop when we ran out of funds. But there are gamblers that don't even follow this at all because to them, it's not important that they have a limit but as long as they're winning and they're lucky, they'll have no limits. They won't even take some profits on it when they think that luck is still staying on them, so there are many reasons why winners become losers too and why they keep on gambling even if they're already empty-handed. Setting a boundary is good for gamblers and if they can follow it properly then it is a sign of more responsibility for them. But most gamblers cannot follow it properly. I myself have not tried to limit myself many times but the results of the game have influenced me in such a way that it tempted me to play more. With the subsequent hard practice, I was able to restore discipline in the game. Some gamblers do not want to limit themselves because the feeling of winning is more important to them. They cannot accept defeat easily in gambling. They continue to play until their goal is achieved. But such gamblers are not responsible gamblers and they gradually move to the addicted stage.
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