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July 15, 2024, 07:04:13 PM *
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1  Local / Pamilihan / Re: NBA discussion, betting and etc. on: Today at 04:41:36 PM
sino tumatalpak sa NBA summer league? ang sarap ng over per quarter hahaha

Pass muna kami kabayan, hehe. Tama nga, maganda yang over kasi no bearing naman mga laro, more on exhibition lang pinapakita ng mga teams, at since magaling na rin sila sa mga 3 piont shooting, kaya malaki talaga ang score.

Tipid tipid muna ako kabayan, hintayin ko lang muna mag start ang preseason baka doon magka interest na ako..

Saan ka nga pala sumusugal? Anong website?

Mahirap madale kasi walang pormal na kumpetisyon pero sang ayon ako sa over kasi nga parang pakitaan ng husay sa pag score at less yung depensahan para maiwasan ang injuries pero mas mainam na magpigil na lang muna at mag ipon ipon medyo matagalan ung parating na season dapat medyo malalim yung laman ng wallet mo para makatagal ka hahaha. 

Pero kung meron ka naman spare at talagang hindi mo matiis tumalpak eh nasa iyo na rin naman yun kadalasan din talaga over and under yung tinatayaan sa handicap kasi medyo pag inalat alat ka lagapak yung analysis mo eh.
2  Economy / Gambling discussion / Re: Double your money and quite on: Today at 10:26:20 AM
Yes you are right, such gamblers will soon lose and their lives will be ruined because they do not immediately realize that their actions and behavior are a big mistake if they are allowed to continue. And I agree with you if we meet such gamblers then it is better to just let them realize it themselves because it is useless if we give good advice or suggestions, they will not necessarily accept and carry it out because such gamblers have a stubborn nature in gambling until when their desires have not been achieved then they cannot stop.
Actions that are indeed wrong but are still carried out by them are of course a fatal mistake because if they continue to do them, it is very likely that they will experience financial ruin in their lives. I think giving advice is necessary even though they are not members of our family, but reminding each other is necessary, even though they will most likely ignore the advice we are talking about, there is no harm in it, after all, maybe they can think well when they have been advised and consider the actions they will take. to limit his gambling.

In fact, when they gamble excessively, it is likely that they will become more stubborn individuals and it is possible that they will only focus on the things they really want. and that can make them ignore other things around them, they can even put aside their work if they are already working or maybe ignore relationships with their own family or their partner. It's difficult when you're addicted to being able to stop, but the chances are slim.

You can't force them to take your advise but as human being it's better than doing nothing like what you said those kinds of individuals are focus with their desire and most likely they will  not take any advise from any person who are trying to guide them, I guess it's worth trying as we don't know if how they will react to what we said and from what we think that will help them to prevent losing more money out fromt their gambling activities.

The sad part is, when a person is deeply engage to something they will just spend all their resources to fill that desire and up to the point that they willingly lose everything that they've got to please their desire.
3  Local / Pilipinas / Re: Electronic giant company mag launch ng Bitcoin and crypto exchange! on: Today at 10:05:08 AM
Personally, maaari ko itong gamitin as alternative sa Binance kung sakaling mataas ang trading volume nila at madaming coins na supported. Karaniwan kasi ng mga local exchange ay limited lang ang token na inooffer tapos walang liquidity kaya sobrang hirap magcreate ng order dahil sa taas ng price spread at price impact every trade.
It might be, pero since medjo matagal pa ito kaya mahirap pa mag assume anu pwede dito. I feel like na the exchange will look like poloniex at bitmex, more on institutional investors ang main users nila and mainly US users. Common exchanges na may own tokens ang karaniwan na pang masa, cheap withdrawal fees, less trading fees, no p2p fees, etc.

Tama ka dyan kabayan medyo matagal pa at hindi natin alam kung ano yung pwedeng maging reaction ng mga possible end user nitong exchange pero syempre sa mga nakasanayan na ang binance at yung ibang exchange gugustuhin din natin makita ung usual at sana meron silang mga bagong offers or attracted offers na makakapagdala ng mas maraming traders at investors na gamitin ang platform nila, abangan na lang natin ang future updates at kung ano yung magiging adoption ng end users para sa platform.
4  Economy / Economics / Re: True wealth comes from income when you sleeping but earning on: Today at 09:36:54 AM
Nicely said that many people in the world have enough resources to rise or prosper but not everyone can grow or prosper in that proportion. The main reason is that it is not important how much wealth we have but the main thing is the knowledge of using the resources properly. Many people have reached high levels of development even from small resources just by using the resources properly. See every person in the world wants to improve and tries accordingly but cannot achieve the desired improvement due to lack of sufficient knowledge. So just willpower is not enough it needs knowledge and proper application of knowledge.
The will to develop that is not accompanied by action is a wishful thinking that will not come true or like a dream that will not come true at all. Because in general, after there is a will, of course there must be action on that will so that we can see the results and this must of course be well organized in a neatly arranged plan before it is actually carried out. Because any mistakes in governance will also result in worse results, including in terms of managing the resources you mean, because good management will definitely produce super good rewards of course.

Good point, you need to take action when you are aiming for something in order to make it into reality, there are people who have that mentality where they are always aiming for success but they are not doin nothing, just looking for quick outcome but most of the time they failed or fall into a wrong venue of investment,

and sadly lose their investment, you need to work on your dreams and keep trying to learn factors that will helps to make things happened according to your desire of success.
5  Economy / Economics / Re: Marketing Strategies in the Digital Age on: Today at 09:29:00 AM
Yes you are right, once AI got attach to the system there's a big chance that most of those regular employees will lose their job, it's needed for them to find a way to adjust and move forward, like what you said if there's a potential that they can established small business they should resort on it, or if they still have the chance to upgrade their knowledge and anticipate how AI is conquering the digital technology, they need to adopt and make sure that they can compete so if companies who in need of those kinds of skills and talents they can quickly response and take the opportunities.
Currently, everyone is expected to be able to adapt themselves to technological advances before all the work that has been done by many people is taken over by technology, such as in the example of AI robots. This means that everyone must be able to think more advanced for themselves because in the future all employees from certain factories who usually rely on human labor will easily be replaced by robots. So the impact of returning to large-scale unemployment will be much greater if most people do not have skills or have the time to hone their skills every day.
That makes sense, also at this time the number of unemployed is quite large and this is something that definitely exists in every country. We all have to be able to keep up with current technological developments because usually nowadays there are job opportunities where sometimes we have to be able to master certain fields, and if we can't keep up with this then it will be increasingly difficult to develop. On the other hand, if we can balance this development by mastering many things related to this development, it will be easy for us to work or join large companies outside.

Even though currently there are people who employ robots as employees, and as time goes by this will continue to develop, I don't think that many companies or factories will be run by robots, however human power is what is most needed. With current developments that are increasingly sophisticated, of course there is a lot of product marketing being done, I have even seen advertisements that use robots, whether it's real or not, but I think marketing should be done in an interesting way so that it can attract the interest of many people too.

Yeah, in terms of earning attentions that kind of advertising should be more on interesting factors to gain the intentions of that ads, though there are many factors that affects this digital age and we need to adopt on it, there's always a way if we want to sync our knowledge and make it worthy for our own benefits.

Keep on learning and not to lose hope, there are venues and industry that we can provide our knowledge we just need to fit ourself and make it count when we compete either with another human being or with AI's.
6  Economy / Gambling discussion / Re: Rich or poor gambler, who should risk more? on: Today at 09:19:40 AM
~snip~
If you know when to stop and control emotions then it is highly possible to make money from gambling though there is still a risk of losing funds. At the same time it is true that there is no limit of the fund how much you will invest on gambling all the funds might be loss on gambling.

That's actually the key to be a successful human being, in every aspect.

If you know when to stop and change your behavior then you most probably will end up with a better outcome overall.

This is also true in gambling as you mention, as most people that end up in financial ruin are the ones that can't do that basically.
For those who cannot do that, maybe it's better to just stay away from gambling. I always advise my friends not to enter gambling if they cannot afford it but because they are too envious of the videos that are coming out on social media, they still get hooked on it.
This is why I don't want to share with them the amount I won in the past months because I know they will feel that envy again and it might spark them to gamble more.
The problem is, it's honestly not easy to control emotions. You get mad when you keep on losing so you will tell yourself you will do one more deposit until it piles up and that's when you will regret what you had done. I got my share of losing streaks too and I can say I don't like being in that position.

Indeed, both rich and poor gamblers have that same sentiments as they think that gambling is a quick way to earn but most of the time it turned agaisnt them, like what you said, if you can't control your emotions then better to stay away since emotions will lead you to push and to add more money in your bankroll.

I like what you mentioned that sharing your good stand with your gambling activities might trigger those people who near you who are also aiming to earn that same outcome.
7  Economy / Gambling discussion / Re: Patience can help alot on: Today at 08:19:50 AM

Those are the types of gamblers that don't want to get addicted to gamble, when one is gambling with care, patience and also gambling responsible can't easily become addicted to gamble because they already know what they will lose when they gamble aggressively and still become addicted in future. Winning is in every gambler but it depends on the kind of things we do. When we are gambling it might be difficult for luck to locate out games but when we are doing business and investments, at least we have an assurance that we will gain profits even if it's too small. To cut it short, gamble is not a game that luck can easily find us because losing also have a chance in every bets.

Yup, with those components it prevents a person to get addicted, as he knew the value of time and money that he will going to spent for gambling, unlike with those who gamble irresponsibly they are prone to get addicted as they don't have that patience and most of the time leads them losing a lot and repeatedly do the same thing and lose more, worse, become addicted.



Yup, those experienced gamblers who use their patience knowing that there's always chances that they may lose their money and not being aggressive to try adding more money in their bankroll are the ones who can quit even they lose their alotted money, with patience they can go back and re-assess what they've don wrong and try to change strategy and see if luck will permits them to win.

They won't push their luck when they see that losing is only the possible outcome of their session but instead they will wait patiently to make sure avoiding losing more money.
Many aggressive gamblers most time do loss their money because they are not always patient to observe first before they gamble. It is not everything that we need to do hurrying because there are so bets we need to take our time before we make some reasonable profit from if we are really a good gamblers they believe in lot of observation before gambling. It is very important for us to take everything easy when gambling because if we are not careful we could hurry too much and end up losing money I'm gambling because we want to be seeing quick results which does not determine how far we could go in gambling.

Of course, aggressive gamblers definitely find it difficult to apply patience in their gambling involvement. I am sure that they are typical gamblers who really make winning their main priority, therefore they gamble hastily and aggressively every time they make a decision. and of course that is a high-risk approach because anything done aggressively and excessively will always be bad, especially since gambling is an activity that involves money and risk.

One of the reasons why patience is something that is important to practice, especially when it comes to gambling that involves risk, is so that we can avoid various possible actions that are too aggressive, especially when we experience emotions due to defeat, which indirectly can also make us avoid losing large amounts of money

And we can analyze things the right way, unlike without patience you just throw your money and keep repeating the same mistake in hope that maybe luck will be there to back it up, most of the time it won't happened and you waste both your money and your time waiting, you need to have that limitation together with patience and careful analysis if you are aiming for a much better outcome.
8  Economy / Gambling discussion / Re: Do you believe in gambling experts predictions? on: Today at 07:23:18 AM
Experts doesn't give out that 100% accuracy and this is something that you should really be putting up into your mind so that you won't really be putting up yourself on betting in line with them

That's how it is, that's why there are people who put all their trust and especially their money in them because they think that they will be guaranteed success with the things they do, predict and can advise, if a person is in a prediction group or something, they have to know that this is not 100% Reliable and that they can fail, that the probability of the event they produce occurring may have a 60% of the probability of occurring (and that's with a lot of faith) otherwise for me that's not enough , I prefer to believe more in my personal criteria about sport, it's much better.


Much better to do it on your own as you are inside gambling and there's no 100% assurance that whoever claiming to be good in predicting will always makes a accurate result, there are factors that affects the outcome and instead of trusting your money to them better to try to learn how to make your own assessment and analysis.

You need to understand that inside gambling you are always gamble with your fate, the outcome is not going to be an easy path even there are some so-called experts who can help you but there's no assurance that it will always or it will work accordingly.
9  Economy / Trading Discussion / Re: Why do traders lose money in trading? on: Today at 07:13:34 AM
You'll never succeed if you don't have that desire to learn more, if by a single mistake and losing money is the only basis to quit then trading will not going to work for you, there are lots of experience losses that may take place as the market always have it's own up and down, it's you that needs to adjust and adopt if you want to succeed.

There are failures which mostly cause of wrong decision making and wrong assessment and analysis but you can use those mistakes by learning from it and not to allow yourself repeating the same patterns.
Learning about trading is of course very important to be able to make a profit from the trading that we do and it is absolutely impossible to make a profit without knowledge and skills in trading and in fact we often see those who already have a lot in trading still learning about trading to can get good results and if someone starts trading and they experience failure but don't learn from the failure they experienced of course this will make them lose their money when they try to trade again without learning about the mistakes they have made of course the results they The gain will remain the same, but if we really want to get good results from trading, of course we have to take the time to study so we can get good results from trading.

Take time to analyze and point out all those possible mistakes that you've done from your first hand experienced, that will allow you to learn and make a good adjustments, like what you mentioned if you don't learn from that mistake then it will be the same thing when you try positioning your trade, it's a never ending learning process as the market is fluctuating from time to time.

You need to be ready to adopt and change your trading style, it's needed to be sync with how the market is moving forward.
10  Economy / Gambling discussion / Re: 2022–23 PBA Commissioner's Cup on: Today at 06:33:04 AM

Does anyone knows when will be the opening of the PBA Commissioner's Cup?

No update as of this moment, the last news from the official website is regarding to last night draft and by the way are you also thinking about how Gin kings pick RJ Abarrientos? seems to me that coach Tim is preaparing him after the draft there's a big chance that he might be playing for the Gilas squad, a good playmaker with a deadly shooting capabilities,.

I'm in the impression that he's very fit for our National team though he still needs to learn how CTC works with his system and now that he will be playing with JBL and Scottie it's a good start to established that bond and chemistries.
11  Economy / Gambling discussion / Re: 2024 NBA Season on: July 14, 2024, 08:11:27 PM
Besides Lebron already have the control over Lakers since he will leave the team if his demands doesn’t meet which Lakers doesn’t want to happened.

Lebron and Bronny will be subjected for continuous criticism as long as they playing together tho.

For sure, LeBron can influence the management, but he is not in control yet. His popularity will not help the team if he can't bring them to the playoffs and win another championship. Now, with his son playing with him, that's already historic, but it remains to be seen if his son is deserving of getting drafted. It seems like his NBA dream is too easy, while others really work hard and pray hard for it.
I agree, that he has the influence but he has no control over the entire franchise. He's still a player of it and the management knows what they're up to. They are up for the legacy and that's why they let him be influenced by Lebron. And as for that spot if Bronny is deserving or not, we have to move on and let him do his own numbers this time. Even we keep on charging him with these contexts, it won't change the fact that his career already started and he's got a long way to go.

Lakers is a business and with LeBron and Bronny together they are making money though I agree that LeBron influence is a factor but without him and his son bringing money to the franchise for sure it will be easier to let them go, but it's not the case even LeBron is past on his prime fans who loves him and his legacy will continue to buy tickets and merchants and that's where the Lakers is really enjoying and they will keep that as it is while there are still people who continue doing business with them.
12  Economy / Speculation / Re: What to do when there is a continues DIP on: July 14, 2024, 07:54:56 PM
Hodl whenever you see the market going more dip, if you cant hold by that time then you may sell at an inconvenience rate which may be a loss to you, then some may also decide to sell by that same particular time because they are aiming to reinvest since they believed that the market will go more bearish even after they have sold what they have, all these are part of the reasons why we always insist on making research and speculating well on the market performance through the chart to predict on the possible expectations.

Yeah some may sell and try to re-invest then wait for another market bullrun to recover or to make some profits, though that kind of strategy might not be good for everyone especially if you are not good in holding, as chances that the market will continue to fall and it will keep sucking your initial investment, much better to keep holding and move away from your device, accept whatever will happen and keep gamble with your fate, with the way the market fluctuates it's really a tough decision to make.
13  Economy / Gambling discussion / Re: Patience can help alot on: July 14, 2024, 07:41:24 PM
Well, there would be losses in gambling and there should be no doubt about it as no one in gambling can always win. But those gamblers how have patience will not become emotional on losses and remain calm. They know that sooner or later they will win too. And they will not hurry to recover losses because they have patience. I would say that patience is a secret weapon in gambling.

Gambling is a game of emotionally strong persons who have the patience to think and remain calm in all situations. Revenge gambling and continuous gambling will just make them lose more money and nothing else.
that's the difference when gambling with patience and without patience, patient gamblers can accept defeat well and of course we should be like that by accepting defeat well, moreover defeat is something that is certain to happen. casino or gambling. with those who cannot accept defeat or are emotional about the defeat that occurs, of course they can do things that take big risks because they feel unable to accept the defeat that occurs.
and in my opinion gambling is a game that can be said to train oneself, such as training patience and thinking. For gamblers who can control themselves and apply the correct behavior to gambling, they will not experience big losses. Many gamblers experience big losses because they cannot control themselves well and cannot control their patience, as a result they are trapped by their own behavior which leads them to losses. Patience plays an important role here, the gambling we do depends on how we do it ourselves.

Yup, those experienced gamblers who use their patience knowing that there's always chances that they may lose their money and not being aggressive to try adding more money in their bankroll are the ones who can quit even they lose their alotted money, with patience they can go back and re-assess what they've don wrong and try to change strategy and see if luck will permits them to win.

They won't push their luck when they see that losing is only the possible outcome of their session but instead they will wait patiently to make sure avoiding losing more money.
14  Economy / Gambling discussion / Re: Committing mistakes helps us to become a responsible gambler. on: July 14, 2024, 07:27:06 PM
of course this will reduce the gambling activities they do, of course this will make their lives better than before and if they don't want to do this, of course they will continue to make the same mistakes. this will have a bad impact on themselves.

Yes, in fact, a person who works all day, let's say from 8am to 7pm, will not feel like playing in a casino, he will only want to get home to rest, enjoy his family, and the last thing he will think about is wanting to gamble, because that implies that he has to do other things, concentrate, take time, possibly get a little stressed, so these types of things help, also being in a sport is good, for example after a day like that, going to the gym or something is good and then getting home he will be more tired, energetic but more tired, and that will decrease his interest in playing, that is why you have to be very Comprehensive regarding things that have to do with gambling.

In the sense of spending your time the right way, I think it helps a lot to avoid making the same mistake in terms of your time for gambling, if you have something to address that much important for sure you'll spend your time and energy on it and not to spend it all to gambling, speaking about not addicted person but someone who have things to do in life away from gambling.

Having that conversation can give us hints where to stop our self in getting too much engage into gambling, it's not easy though as it's against your own will and most of the time addiction take place when there's no more control with your time and money that you are spending inside gambling.

There's always a need to make sure that you are monitoring your own actions, the more you engage the better understanding that should be developing inside you.

It helps a lot to minimize your losses and to avoid or prevent you from getting addicted having bigger problem in the long run.
I agree that checking what you are doing is the most important part, which many people forget. If you keep doing that, then you are going to get a good result one way or another. I know that it is going to be tough and I know that it will not be simple, but if you do what you want to do then the end result will be that you are going to end up with something good. We should assume that it is going to get a lot better with time if we keep on checking how we are evolving as a gambler.

If you keep on making mistakes and you do not look for the reason then you are going to make that same mistake again, but if you make a mistake and learn from it then you are going to have a much better gambling future and will not make the same mistake too many times.

I fully agree, if you spend time to learn and try to adjust then there's a chance to change to outcome of your session, not an assurance but there's opportunities that it may turned to your favor.
15  Economy / Gambling discussion / Re: Double your money and quite on: July 14, 2024, 07:01:46 PM
Yes, they're touchy about being advised and such talks sounds vile to them. Saying pleasant things is the best method to hack into their emotions and become friends with this people, afterwards, they'll hardly condemn our advise and guidance. Telling him, the player, quite frankly that we don't want him to stay in such a detestable gambling condition would strike a bit of fresh positive thoughts on him. Although friends dislike the fierce diatribes launched on them by the addict during the process, but abstaining from making a counseling speech would leave the whole environment unbearable for everyone. It's not simple, but worths giving a shot. A friend's life is on the line of getting destroyed.
Advising an addicted gambler is best done when you aren't condemning or making them feel an less of their selves. this is why most persons who aren't professionals have failed trying to help an addict. some times it may require some one who they consider gambler like them but a healthier and responsible gambler because they will be made to believe that the gambler like them can be able to understand better how hey feel about gambling and well to be a better gambler.

I see your point and yes there are gamblers who will listen to someone they know who also involve to the same situation, it's not easy to make the person feels your intention to help as they keep insisting that you don't undesrtand what's happening inside them, unlike if a person who are explaining is also in the same industry.

They might believe not generilizing but in some point, a  gambler might listen and see the intention of advise in trying to help recovering and minimizing losses.
16  Economy / Gambling discussion / Re: Gambling mistake repeated by the gamblers on: July 14, 2024, 06:42:13 PM

Gambling will empty your pockets as long as you stay angry and unless you gamble with proper strategy. Just because you're losing money gambling doesn't mean that the more you gamble, the more likely you are to win. If we gamble with proper planning and gamble responsibly, we are less likely to make mistakes there. I took one gamble where the outcome went against me so I took another gamble where the outcome went against me then we should stop gambling. And the next gambling decision should be made by thinking about where we are going wrong and whether we need to change our strategy. 

When it comes to gambling, those who can control their emotions and take the loss of money as normal are bound to be successful gamblers later on.

Most of those who manage to earn from gambling are the one who knows and understand how gambling works, they allot enough budget and they are willing to let it go if the amount already been dissolve knowing that pushing for more and adding another amount can only lead them to lose more, and on the other side once they already meet the amount of their expected profits they'll quit right away and enjoy.

It's more on setting your strategy and practice things out wisely to avoid getting addicted and lose a lot.

To be honest, I don't know whether it is true that there are gamblers who have managed to achieve a consistent income from gambling or not because after all that cannot be confirmed, or what this means is that however and forever gambling is still a betting activity where there is no certainty or guarantee for you to always make money. winning at the end of the session, meaning that risk will always be a definite possibility regardless of your approach to the gambling activity.

So even though I agree with your idea that the best approach to gambling is to understand and know all the concepts of gambling, that doesn't mean someone will always win, because treating gambling activities well doesn't mean it will make someone win more often, but it will make them more likely to win. avoid losing in larger amounts because they understand the opportunities and realize the risks which makes them able to control everything.

I can agree to that sentiments, as even how good you are and how good your practices are, there are still chances that you'll going to lose and there's no accurate patterns and any sure strategy that will allow you to keep winning, what I mean is when you fully understand the situation and you have full knowledge you can avoid losing a lot and you have that chance to win as you know that once luck comes out you need to grab it and take opportunities to enjoy.

Quit and make that hard stop while you still in positive will allow you to win against gambling house, but no guarantee that you can win all the time.
17  Economy / Gambling discussion / Re: 2022–23 PBA Commissioner's Cup on: July 14, 2024, 05:42:00 PM
I thought I should post this news as I'm sure as a PBA fans we know him guys.

So here's the bad news.
Chino Trinidad, crusading sports journalist, dies aged 56

Quote
His daughter, Floresse Trinidad, announced Trinidad's death via his former home network GMA on Sunday. His family said the broadcaster was on his way to Newport World Resorts for a meeting when he suffered a heart attack.

We will be missing him as he is a good commentator but I'm sure he will always be remembered.
Condolence to him and to his family.

He will for sure, Chino is one of those commentator who really bring joy to the fans, I remember him covering finals with known names that he interview during the half time break, known personalities like Philip Salvador and Rudy Fernandez during the finals against Alaska and Purefoods, those are the days where celebrities are really showing support and Chino was the one who really makes it enjoyable when throwing jokes are really natural with him.

I also like him because he's very vocal with how the league is moving, criticizing how things are being controlled and manipulated by known names inside the league.

18  Economy / Gambling discussion / Re: Gambling mistake repeated by the gamblers on: July 14, 2024, 06:36:39 AM
Yeah, overconfidence may play a dirty trick on you. I remember the time when being in such mood I have bet three times in the row on double zero and ended with almost  empty pockets. The only excuse I had  was my tipsy state at that moment. Besides I have strived to make an impression on the blond nearby me.
Gambling will empty your pockets as long as you stay angry and unless you gamble with proper strategy. Just because you're losing money gambling doesn't mean that the more you gamble, the more likely you are to win. If we gamble with proper planning and gamble responsibly, we are less likely to make mistakes there. I took one gamble where the outcome went against me so I took another gamble where the outcome went against me then we should stop gambling. And the next gambling decision should be made by thinking about where we are going wrong and whether we need to change our strategy. 

When it comes to gambling, those who can control their emotions and take the loss of money as normal are bound to be successful gamblers later on.

Most of those who manage to earn from gambling are the one who knows and understand how gambling works, they allot enough budget and they are willing to let it go if the amount already been dissolve knowing that pushing for more and adding another amount can only lead them to lose more, and on the other side once they already meet the amount of their expected profits they'll quit right away and enjoy.

It's more on setting your strategy and practice things out wisely to avoid getting addicted and lose a lot.
19  Economy / Trading Discussion / Re: Don't do this mistakes in trading on: July 14, 2024, 06:18:08 AM
The most reason traders are losing is because of greed. They will make profit but still keep the position opens but later the market might go another direction and they may lose. The second thing is that they can be using high leverage which will be resulting to liquidation. But a trader needs good strategies to make profit than loss while patience and low leverage are important. Also not to be trading shit coins is important.
When one goes into futures trading, a lot of greed works in him because he thinks that if the price of that token or coin moves further towards his entry, he can make a good amount of profit very quickly, preventing him from closing the position. Later it turns out that all the money has to be lost due to liquidation. Again, in the case of spot trading, many people invest in the wrong coin to get high profits quickly, and after holding it for a long time, if the price crashes later, it does not recover. The result is loss. If you can't control greed, you have to lose in all sectors.

Yeah, most of the time that kind of misconceptions leads traders to lose a lot of money, unknowingly that the market fluctuates to any directions makes you feel more aggressive, those who manage to earn some will push for more and think that they already knew how the market moves but a mistake can cause them losing more.

You need to keep learning and improving your understanding and not just putting your position a same like gambling to your fate, spot trading needs a lots of efforts to plan your position not just put it on and let it roll.
20  Economy / Gambling discussion / Re: The real winning of gambling is withdrawals on: July 14, 2024, 06:02:08 AM
Quote
a few days later he put the money back into gambling

He should withdraw the winnings and pay his bills and next months rent that kind of thing.  Then the question is over, he has put it to a good purpose and cannot lose it.   Only then put in the same regular amount into gambling that you do every week or month so that you have the hope at least of withdrawing more then you put in.  

To just put the same winnings right back in doesnt mean you lose them, we always live in hope of doubling the winnings but just the idea you might lose what you just won stops me from trying this.  Small in and large out is the ideal bias to setup a profitable experience.  The details of what happens in the game is alot more involved but at least try and give yourself the best chance imo .
Gambling winnings that been used on something when it comes to those bills or whatever that patches up something on which we can call it to be worth it and this is something that needs to be considered first but usually gamblers will really be that spending again on playing again because they do hope that they could get more.

Yes, a gambler who expereinced winnings will continue to try chasing to win more, when the apettite starts growing most of the time the control over their emotions messed up, that's where the problem of addiction begins to start against them, if you can't handle that pressure you'll end up losing a lot.

Though some experienced gamblers manages to enjoy decent amount of winnings and quit right away but more gamblers can't they continue playing and lose and repeat that same thing over and over, putting the house on top and keep making money agaisnt them.
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