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1  Economy / Gambling discussion / Re: Greediness or Addiction -which one is more disastrous? on: Today at 09:26:37 AM
~snip~
I do not agree with this, addiction could make you fall into a pit, and being too greedy could turn into addiction as well, but greed itself is not dangerous at default because it can be stopped. You could be greedy once, and learn your mistake and never be that greedy again, in that case greed isn't bad because it teaches you how to do better.

I personally believe that we are going to end up with something much better one way or another, and should definitely consider how we can get better from it. Addiction on the other hand is not something that would be all that great, we should consider how we could get better and how we could move forward with it, it shouldn't be really all that complicated because addiction is much worse.
Greediness will not dangerous if someone can manage his emotion, especially when he wins some gambling games and thinks to stops playing gambling immediately before everything is change. But most people falls to their greediness and not thinks about stops from playing gambling instead keeps playing gambling because they wants to chase the next bigger wins. That makes them greedy because they trying to play for more to gets more wins but the reality is many of them lose their money along with their wins before.

Yes, we will gets much better if we can control ourselves and when we wins and can stops from playing gambling immediately, we can withdraw the money and enjoy the wins moment. Many people becomes addicted to gambling without they knows and that's because they greed before and trying to chase their wins. They don't knows that when they greed, that just makes them keeps playing gambling without stops and they will comes back in the next days. If they comes back too often, that can triggers them to becomes addicted to gambling.
2  Economy / Gambling discussion / Re: Is Gambling A Hobby? on: Today at 04:33:11 AM
Sure, its possible, but its a slippery slope.  Exciting games and wins are intoxicating. What started as a hobby can rapidly become a habit and spiral out of control. I've seen the best of them cave to the casino. Its psychological game goes beyond money. Narrow misses and the potential of a big win keep you hooked.

Gamblers arent all addicts. Hobbies and addiction can be blurred. Being moderate and self-aware is key. Keep it casual, set limitations, and leave when you're ahead, and it may stay a hobby. Please reconsider if you're chasing losses, disregarding your commitments, or always worrying about the next bet.
If they can control their gambling activities while they use gambling as a hobby, they can still use gambling but they must have strong self control to do that. We knows that gambling can tempts us without stops and that is why we must have strong self control to prevents the temptation becomes bigger. We don't knows how long we can holds ourselves from the temptation so we must not playing gambling too long to prevents lose control. When gamblers win, they can gets tempts so strong because their greediness will becomes bigger and wants to gets more money and if they can hold themselves, they will not stops themselves from playing gambling. That is why we don't have to make gambling as a hobby because many other things that we can use as a hobby. We must prevents the lose not to becomes big by not using gambling as a hobby.
3  Economy / Services / Re: [OPEN] Zeusmix-Instant cryptocurrency exchange signature campaign | upto $125/w on: May 31, 2024, 03:58:27 PM
Forum Rank: Hero Member
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4  Bitcoin / Bitcoin Discussion / Re: $1,200 stimulus check in 2020 = $12,392 in 2024 on: May 30, 2024, 11:54:40 AM
Well, that is what people who want to try to buy Bitcoin continuously will get. Those who have succeeded in collecting Bitcoin from 2020 until now can smile with joy because they have made a profit. They now just have to wait for the Bitcoin price to reach its ATH price and sell it to make a profit. But they still wait until Bitcoin price increase.

For those who haven't started yet, they can still accumulate Bitcoin before the price increases. This is an opportunity they still have so they can use it. But if they still postpone it again, that's up to them because we can only suggest it.
People needs to realizes that they still have the chance to do that so they can use it for their own good. But it is not easy to start now as they can see the price is up and down and that can makes them panic if they don't learn more about Bitcoin.
5  Economy / Gambling discussion / Re: Greediness or Addiction -which one is more disastrous? on: May 30, 2024, 07:30:54 AM
Greediness leads to addiction anyway so I think that addiction is much more disastrous because it changes you as a person and not only that, you're also going to see a lot of people being affected by that addiction and no matter how you look at it, addiction is just too destructive for someone who will experience it. The people that knows you before your addiction would see your change as pathetic and sad, your loved ones are crying at night because of your addiction, at the end of the day.
People who can not control his greediness in gambling will falls deeper in gambling without seeing that he is makes mistakes. When people becomes addicted to gambling, he will not thinks about himself and only want to playing gambling and when he win, he wants to get more win and at that time, his greediness will becomes big. He will not have a chance to control himself and that will only makes him deeper in gambling. Both greediness and addiction can makes someone's lives ruins and can not see what happens to him. That is why we must have good self control when playing gambling so we do not addicted to gambling and we can control our greediness. Playing gambling is just for fun so we can always limits our gambling activity and not trying to playing gambling excessively which can effects us to addicted to gambling.
6  Economy / Speculation / Re: Every moments of bitcoin value is appreciable for investors on: May 29, 2024, 01:59:57 PM
~snip~
Exactly, but it's a learning process though for Bitcoin investors. Because if you are really a newbie and then you invest on it, without ever knowing how volatile the market is, you are going to be disappointed specially if you think that it is a get rich quick scheme. This mindset is prevalent when I join like 7 years ago and still is up to this day. Many investors think that it's going to be smooth sailing and that the price is going to go up in a parabolic manner. So it's a rude awaking for them, and if they don't like what they are seeing, for sure they will go out and exit because it failed their expectations. However, for the majority of us who chooses to stay, we embrace the volatility, we learn how to work it out and take advantage of it, and then we used the basic strategy of buying and then HODL for long term.
If those beginners wants to learn how to deal with the volatility of Bitcoin price, he will not panic or disappointed because he will have a way to manage the situation and not effect to what happens to the market. Many investors wants to see Bitcoin price increase without have a correction but what happen is Bitcoin price still get correction after reach the high price and that makes many investors panic. They can not manage their emotion when Bitcoin price is down and trying to do something to prevents their lose. If they can hold themselves from the situation and not doing anything except just waiting, they will see the price will rebounce after gets correction. They can also use the correction time to buy more Bitcoin to accumulate their Bitcoin so when the price increase, they can sell or still waiting for the ATH price comes.
7  Economy / Gambling discussion / Re: Losing all your fortune with just 3 years on: May 29, 2024, 10:49:41 AM
In gambling there are usually profit losses, a gambler cannot gamble correctly when he starts gambling.  Because if he gambled correctly then every gambler could make a profit. So if a gambler gambles regularly and retires and takes a break from gambling then it is definitely possible to get some benefit from gambling, usually the rich have fun gambling. A person who earns money and indulges in gambling and suffers losses and loses all wealth can never prosper later, because people can earn in the beginning and in old age they cannot earn as they did in the past.
When someone playing gambling, he must know that he can not gets profit or win many times. He must realizes that he can lose many times than win so he must not playing gambling too often or excessively. If he can win, he need to take a break for a while to reduces his emotion and happiness of his winning because if he can not stops for a while, he will want to keeps playing gambling to chases more winning. He can get lose after his winning and that feels sad when he see his win money is gone. When he lose, he will want to adds more money to recover his losses but that will be difficult. If he add more money and continue playing gambling, he can lose all of his money. That is why he must stops playing gambling immediately before everything is change and he can not gets his wins.
8  Economy / Gambling discussion / Re: A personal view on: May 29, 2024, 05:45:58 AM
I'm in total concurrence that gambling as a problem-solving strategy doesn't hold water. If anything, it can muddy the waters further and lead individuals into a quagmire of even greater problems. It is essential to approach play with prudence at all times; make sure you find enjoyment in the game as simply a source of amusement, not a mechanism for addressing personal or pecuniary issues.

Gambling is a game of two halves: riches untold and fun beyond measure. But remember this above all else, strike a balance between the two. Don't let your focus be solely on the money; instead, revel in the enjoyment that the game can bring. Take off that heavy cloak of desperation to always win, and simply bask in the pleasure of playing. Remember: with a right approach, you can find joy in the game while still holding onto the other threads that make up your life's rich tapestry.
Whoever is using gambling in that way is completely lost, and most likely has a lot of issues to believe gambling can help them to solve anything over their lives.

Gambling is supposed to just be a hobby, a very entertaining one without a doubt, but nothing more than that, so by trying to use gambling as a way to solve some of their economic issues, those people are just demonstrating the difficult situation they are in, and most likely the only thing they will achieve is to put themselves in an even more difficult situation.
Playing gambling is for fun. That is what we always remember so we don't chases the win or trying to recovers our losses before. That will difficult for us to get our money back from gambling because we will face more losses and if we can not control ourselves, we will lose more and more money even we can bankrupt at once.

Gambling is not a solution to make money but it is just for enjoy our free time and have fun. But many people still think that they can make money from gambling. They must open their eyes and minds that they can not make money easily. We have to enjoy the gambling games and if we don't get fun from gambling, we must leave gambling immediately before we get trouble while playing gambling.
9  Economy / Gambling discussion / Re: Do you think gambling every day is better? on: May 28, 2024, 05:30:14 PM
...
because no matter how long and how much you are playing , losing will always come if you don't know
where and when to stop and that is the reason why so much failure are we getting in gambling.
...

the logic is like that, but most gamblers see that gambling every day brings them closer to winning, so that is the reason why they are very interested in being able to gamble every day because their mindset is already set on that. because i also believe that professional gamblers don't gamble every day just to be able to win a gamble, they have set timing and strategies, so they gamble with full preparation and at the right time.
That makes gamblers back to casino and continue playing gambling because they still believe that they can win someday. They will not thinks or calculate how much they lose before instead just follow their minds to playing gambling. If they still playing gambling every day, that will not gives a good result because we know that gambling every day can makes us lose much money. They really needs to realizes this matter so they will not do anything that can ruins their lives or they can not accept the risks that they will see it later. They must make a schedule to know when they can playing gambling so that can prevents them for playing gambling excessively.
10  Economy / Speculation / Re: Every moments of bitcoin value is appreciable for investors on: May 28, 2024, 02:59:33 PM
If those investors doesn't thinks about makes their Bitcoin as their long-term investments, they will disappoint with the volatility of the Bitcoin price. That is because Bitcoin price will always change day by day and they will not be calm down themselves and will panic if the price is down so fast. They will not have a chance to hold their Bitcoin like their plan but will sell their Bitcoin and will buy it again in the low prices. But that will not a good idea because they can still holds their Bitcoin but they can also buy more Bitcoin at a low price. That will makes them gets a chance to accumulates more Bitcoin and will reduce their average buy price of Bitcoin. Those investors needs to realizes that when the Bitcoin price is down, that will be their best time to buy Bitcoin.
11  Economy / Gambling discussion / Re: How much of my salary should I use to gamble on: May 28, 2024, 12:57:52 PM
Since you are a beginner, then it’s not more than 5% and you shouldn’t play for everything at once, but this is enough to understand what you like best. But don’t forget to take breaks and play after a month so there is a chance that you won’t get sucked into gambling.You need to immediately control your budget and don’t give in to excitement.
I do not use more than 5% of my weekly income to gamble weekly. There are days that I may not use up to that amount in percentage. But I have seen days that I may just go for a slightly high odd with all the 5% and use it to gamble which the result may not take more than 10 seconds. If I lose, I stop gambling for that day but if I wn I also stop gamble for that day. I like when I win but I do not mind to lose. It is gambling it might or might not favour.
Limiting not more than 5% is a good idea or perhaps he can lowered it for more as he is still beginner who needs more things to learn before he can familiar with gambling. After all, as someone who new in gambling needs to knows that playing gambling using limited money is enough as playing gambling is not for makes money. If he know the reason of playing gambling is for entertainment, he will not try to use more money because that can makes him lose more money. Using not more than 5% for beginners still too risky because he can lose control that can lead them add more money to playing gambling.
12  Economy / Economics / Re: First they ignore you: Are we (the Bitcoin/crypto users) about to win? on: May 27, 2024, 02:33:46 PM
Our problem is that we want to be anonymous users of cryptocurrency and in this case we cannot defend our interests publicly. Of course, the situation will change and the process has already started, when large players and large capital enter the cryptocurrency, which the government and legislator will have to take into account.
We can still to be anonymous and hides ourselves from public by not telling them that we are one of the crypto users. Many people who involved in crypto doing this to prevents from the crime that can happens to them. Perhaps they can teach other people about crypto but not telling them about how many coins we have because that will be too risky for us.

Larger players and large capital already enter to the crypto worlds and that helps crypto changed and becomes more popular than last few years. People who abandon crypto from the first already regrets it because they are too late to realizes that crypto can becomes popular like now. But they can still join in crypto like other people who already involved.
13  Economy / Gambling discussion / Re: Is it proper for younger ones to gamble? on: May 27, 2024, 11:47:11 AM
Well here in my country minors are not allowed gambling with school uniforms and of course the age limit and even in computer shops they aren't allowed as well unless it's weekend or they are just doing projects not video games. This situation mostly happen in third world countries like mine.
Minors are not allowed playing gambling but they can still playing gambling secretly with their friends. I have seen that happens to many younger and that makes the prohibition is looks no use. It needs supervision from parents to always supervise their children from gambling and explain that playing gambling can cause them lose their money and the worst, they can becomes addicted to gambling. Without supervision from their parents, children can still playing gambling with their friends and that can gives them many problems but they will not realizes that because they only see the fun from playing gambling. Many children will becomes addicted to gambling if parents not takes it seriously and that can ruins their children future. Their teachers also needs to explain about the risks of playing gambling to students.
14  Economy / Speculation / Re: Why Bitcoin Price is Down Today? on: May 27, 2024, 09:43:55 AM
~snip~
Some people will always question the volatility of Bitcoin prices, even if they are experienced. This is sometimes important to worry about so you can decide what your next plan is if you are a trader. You can make a good trading plan and take advantage of price volatility to make profit, but if you are an investor then you can accumulate during correction.

There is no worry if you don't have a plan, I mean long term holder tend to be fine without being affected by volatility. Meanwhile trader and short-term investor tend to worry about the price because they really don't want to miss out on the opportunity to get maximum profit.
An experienced trader will not asks about the volatility of Bitcoin prices because he knows that the Bitcoin will always change from time to time. He will analyzes the Bitcoin market and check where the trends moves so he can determines when he can enter to the market. If he feels that he doesn't have to enter the market, he will not do something instead watch the market moves. Before he enter to the market, he will always analyze to see the chance for him to make a profit. He doesn't needs to forces himself to enter the market, especially if he see the market is not in good situation.

Long term holder will knows how to act except they are gets in the trap because of the volatility of the Bitcoin prices. With this volatility of Bitcoin prices, we must learn more to adapt with the current situation.
15  Economy / Gambling discussion / Re: Why the rich win gambling more than the poor. on: May 27, 2024, 04:13:14 AM
~snip~
Why is that everyone always talks about the winning only or are forgetful of the fact that the same way a gambler can win massively that's the same way a gambler can also lose massively. Whether rich or poor gamblers, they should always be an understanding that in gambling you only gambling what you can afford to lose and we all know the world today no one is equal in terms of their respective earnings and thats why the stake difference between games is also there, if someone can gambler and lose a 100$ and it won't affect him then we are safe to call it their conform zone but if that lost of 100$ will affect you then gambling with such amount is never going to lead you to anyway.
You are right with saying that playing gambling is only with the money you can afford to lose. We must do like that to prevents the losses becomes big and we can not accept it as using more money can leads us gets more losses. Gambling can not gives us the wins but gambling can gives us many losses. So we must realizes that we don't have to use much money to playing gambling because that can shake our financial and we can forget to limits our money to playing gambling. We don't have to gambling too long, especially use more money and that is what rich and poor gamblers must do in gambling. We don't have much chance to win so we don't have to follows other gamblers.  When we can control ourselves in gambling, there is nothing to worry and who knows, we can wins the games like other gamblers.
16  Economy / Gambling discussion / Re: Gambling and Religion. Beliefs or Choices? on: May 26, 2024, 02:18:42 PM
Have you ever faced any conflicts between your religious beliefs versus gambling? How it happen and how did you handle it?
How do different religions view gambling? What could be the reasons behind it?
I have not faced any conflict with my religious belief / gambling interest. In my religion, gambling doesn't stop  you stop you from participating in all their event. Gambling is not an abomination whereby if you are a gambler the religion will forbid you, no. Some people only believe that it's not right to gamble because it can lead to addiction and destruction.
People who often playing gambling will not thinks that gambling is a sin although they know that playing gambling is prohibit. They will not stop playing gambling because of their religion and they will not have any conflicts when they playing gambling. They thinks that playing gambling is like the other entertainment that gives relaxation but they don't thinks what they will do if they are losing streak. They can't says anything after their losses but they also not realizes and only keeps playing gambling because they wants to recover their lose. That will triggers many losses because they will also lose their minds and will not thinks about gambling is prohibit to them.
17  Economy / Speculation / Re: Why Bitcoin Price is Down Today? on: May 26, 2024, 10:34:17 AM
actually the price of bitcoin going up and down is normal, which makes the decline in the price of bitcoin abnormal because it occurs during the halving. We all know that when the halving starts the price of bitcoin will rise drastically in a short time, but what has happened recently is that the price of bitcoin tends to be stable. I don't know the reason why this happened, but what I know is that halving is closely related to miners. If the market conditions do not change or improve, there is a big possibility that this year the price of Bitcoin will not reach $100k.
People doesn't have to panic when they sees the price is down because the corrections will always comes many times. If they sees the price is down, they can buy more Bitcoin and holds it until the price rise again. It's good to buy Bitcoin in a low price because that can gives them the opportunity to sell at a high price, whether they just sell it when the price increase or sell it when the reach ATH. As long as they can buy many Bitcoin in a low price, the chance for them to makes a big profit will be there and they will their profit will increase from time to time. We don't have to thinks about the reason why the price is down but we must use that time to buy back Bitcoin so we can collect many Bitcoin. Many people predicts Bitcoin will reach $100k so we must use this time to buy many Bitcoin.
18  Economy / Gambling discussion / Re: Why the rich win gambling more than the poor. on: May 26, 2024, 03:01:00 AM
~snip~
No argument that they can not lose their money but the chances of losing money are the poor are more of the victims than the rich the rich don't gamble every day they are always busy attending other business meetings and more compared to a poor person looking for ways to make more money. and we are getting on the same page that gambling is played by the rich for fun i can accept. and we know how wealthy people are with money management and if you look at it if they eventually gamble they have a reason it might be that they have a meeting with a friend who loves gambling so that can make they gamble just to make more deeps and that is why you see a lot of them in tennis clubs and casinos.
Poor gamblers must have a good control when they playing gambling to prevents the more losses because they don't have much money to gambling. They must realizes that they can't playing gambling like other people or even rich gamblers and they have a big limitation which is money. They can only use gambling for fun and not chase anything because that can makes them lose their money. However, they must be carefully when playing gambling than rich people. But rich and poor gamblers will have the same chance to win although the rich gamblers can wins much money because they can bet using big money.
19  Economy / Gambling discussion / Re: Why the rich win gambling more than the poor. on: May 25, 2024, 03:02:52 PM
Rich gamblers can also lose all their money as well as poor gamblers since they put a lot more on the line than poor gamblers. If a poor gambler can afford to put on the line $1, a rich gambler can put on the line $1000, or even more. In my opinion, it is wrong to compare which of them is more risky, because each of them has its own risk management depending on the financial situation. Besides, experience and luck have nothing to do with financial status. There are irresponsible gamblers among both poor and rich people.
No doubt for that because every people, rich or poor gamblers can lose all of their money if they risks much money to playing gambling. But if they can realizes that playing gambling is just for fun, they will not risks much money and always use limitation to playing gambling. They know that risking too much money can makes them lose all of their money and that's why they must use self control. Maybe rich people can wins much money than the poor but they can't always wins or too often wins in gambling games. That's why we don't use too much money to playing gambling because that can attracts us to use more and more money without knowing when to stops gambling.
20  Economy / Speculation / Re: Bitcoin breaks 2021 ATH and hits $71k! on: May 25, 2024, 01:17:40 PM
I'm sure the price of bitcoin at that time rose because it was getting closer to the halving. However, this happiness was suppressed because after the halving started, the Bitcoin price tended to stabilize. Bitcoin price increases were more aggressive when the halving approached than when the halving started. So far since the halving started the Bitcoin price has not shown a significant price increase because the Butcoin price is stable between $60k-$70k. Let's see in the next few weeks market conditions will remain the same or there will be changes.
It is no problem if Bitcoin is not increase now because Bitcoin will gets higher when the time is comes. You should have patient and wait for that time because we will see many correction before the price reach the higher price or even reach new ATH. Bitcoin already reached temporary higher ATH but that doesn't mean that price will not increase because many people predicted that Bitcoin can be more than $100k. Although we don't knows when Bitcoin price will rise, we don't have panic if the price gets more correction because Bitcoin will be like that. Hopefully, there will be a change in the next month so we can see an increase of the price.
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