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1  Economy / Trading Discussion / Re: Lack of capital or knowledge, which one is holding traders back from profits? on: June 13, 2024, 09:57:21 PM
Knowledge. Once you have knowledge, capital is not a problem. When you have skills and experience, you will easily get a job. The same thing applies to trading.

In my opinion both are important because if you have knowledge but have no capital then how will you arrange capital for it? Will you take loans from others for  investment? I think this is not a good idea because investment is risky and if someone takes a loan for it then it becomes more risky therefore we should think completely and should not avoid any of these necessities because without any one we cannot manage our investment.

In case of a job if you have skills then you can utilize these skills to make money but in investment you should first utilize your money and then with using skills  you can increase your wealth. It is possible to first use your skills in something else to earn and then use that earned amount with your knowledge into a good project.
It would really be that mutually be needed to each other on which its true that when it comes to knowledge and to make it work then you would be needing up that capital, and so as with having that capital without knowledge wouldnt really be that effective as such.This is why at the moment that you would really be dealing up with something that pertains about investing or trading then it would really be needing up both things for you to be able to thrive and survive. This isnt something that you could be easily handled well without having that hard work and of course it would really be just that normal that you will really be that considering different factors on which it could affect overall profitability. As a trader then dealing up with a volatile market is really that challenging. We might not be able to directly be profitable due to lack of knowledge and experience but at the moment that you do have a good grasps into it on a particular moment on which it would be changing up everything.

It all matters on how you do sustain yourself and would really be able to adapt on whatever condition that you might be able to experience ahead. The thing here is that adaptation on different
market conditions would really be the key.
2  Economy / Gambling discussion / Re: Manny - Pacquiao VS Chihiro Suzuki Exhibition Match on: June 13, 2024, 08:21:44 PM
This is going to go the way Mayweather vs McGregor went because it's a very similar setup.
We have an MMA fighter vs a retired boxing champion, competing in a boxing match.

I just can't see how Manny could lose this. If it was an MMA fight it would be completely different, but if you're not sure about this check former Suzuki's opponents in MMA. These weren't world class fighters.

Boxing is already a business specially into those old retired boxers or even in other sports as well on which they do make out some exhibition matches for them to continually making up some good amount
despite on being retired already. I do believe that this is one of the perks on to those fighters who do ends up become that a champion or a legend on such sport. Its true that there's no way for an
MMA fighter on beating up a boxer in using up on boxing rules on which same as you said that if this one would be making it on MMA rules then we would be seeing that different result on which
they should at least making up some a little bit spice with these exhibition matches. This is why it do become that a little boring on watching up these fights just because they are really
that sharing up on the same set up and ending up with the same results.

This is why im not really that a fan to pay up for some PPV and would rather to see for some replays specially on exhibition matches. It would rather tend to look for those
official fights even on undercards.  Tongue
3  Economy / Speculation / Re: The attractiveness of Bitcoin among my friends on: June 13, 2024, 07:40:14 PM
One of the things that i dont really like is to get blamed on something which isnt my fault. This is why at the moment that you would really be making out some introduction to your friends about Bitcoin or crypto then dont always forget on telling them or having those cautions on having those risks on losing money because if not then for sure you would really be ending up on getting blamed in the end of the line.
Whenever there's someone who would really be having those kind of asking questions about this and that then i do simply show them some website or youtube vids explaining the basics.
At the moment that they do have some follow up questions then this is the only time i would really be answering but of course you should really be cautious on what you are tending to explain.
That's why before teaching friends or family about crypto, the first thing that must be taught is about risk, because this is very important to start investing in the world of crypto. There are lots of people out there who educate their friends by only showing the benefits without teaching them about the high risks of not doing their own research or so on. Then what happens, when he experiences a loss, we are the ones to blame. but if we say the first risk then of course when he loses we can't be blamed, even if there is it might be very small.

I have mentioned investing in bitcoin several times when gathering with friends about the risks and benefits of bitcoin, but I have never forced them to invest too. If any of them are serious about investing, I advise them to do their own research, especially regarding wallet security. because if they do their own research, even though Bitcoin is going down, they will no longer panic because they have changed their mindset that Bitcoin is a long-term asset.
Yes, this is true and always the thing that you should really be having in mind is to have that kind approach on telling out about the risks. We do know that in every investment then it would be normal that there would really be risks accompanied to it and Bitcoin or crypto is no exemption or even rather being that too risky compared to others but in speaking about rewards and profitability then it would really be giving out on the same ratiio. This is why that the higher risks the higher the reward and this is something that will really be that a casual but of course there would really be still considerations to take on.
Just like on what been said above that whenever you do make those kind of explanations then always remember on telling the risks.

There are really people who are really that having those kind of first impressions basing up on what they are seeing on other people without even trying out to make themselves digging
more deeper on what they are dealing with and just focusing on how much that they would really be able to make and this is a very wrong approach to have specially when dealing up with
investment specially on crypto world. So dont skip out on explaining about therisks involved so that they wont really be ending up on getting shocked.
4  Economy / Gambling discussion / Re: Which are you more attracted to: -10 (favorite) or +10 (underdog)? on: June 13, 2024, 06:58:56 PM
I just want to know which one you'll pick if you have to judge quickly. This is a point spread in any game, like a basketball game to be specific. You see the betting line, and therefore you have to choose between the two. Please tell me what the basis of your pick is. Those who are active in sports betting have surely seen a lot of betting lines like this, so your first reaction seeing it, which side are you attracted to?

You can see some of the statistics here/

https://www.teamrankings.com/nba/trends/ats_trends/?sc=is_fav
Totally depends but most of the time i would really be that interested on betting on favorites with having that 1.5x odds on which everything which is lower with those numbers then i would simply skip out.  Cool

When it comes on choosing then it would really be that just depending on several factors on which it would really be just that depending into those things and on how you do assess it.
This is why each bettor would really be having that different considerations on choosing on which team or player they would really be betting into.
Honestly, odds would really be that tempting specially if its on underdog but you wont really be just carelessly be that getting hooked with those odds without having
other considerations. So it would really be just that depending into those factors on which bettors would really be tending to deal into.
5  Economy / Gambling discussion / Re: The real winning of gambling is withdrawals on: June 13, 2024, 06:17:03 PM
Yes winning in gambling is not very difficult but after winning gambling and withdrawing them with profits is the biggest success. Because gamblers, after winning gambling, continue to gamble without stopping gambling to make bigger profits and due to this greed, they lose their profits again and lose their capital along with the profits. this is why most gamblers fail at gambling. Those who can control themselves and keep greed under control. they can successfully withdraw their money with little profit. Although their profits are very low, they are successful

Winning at gambling is not easy to get, many gamblers lose a lot of money because they chase victory. victory that is difficult to obtain must be thought about as well as possible when the victory has occurred, when victory has been obtained we must be able to think about the side of victory that is difficult to obtain so as much as possible the victory that has been obtained must be utilized well to avoid undesirable things such as winning. once you get it, you lose it again, and I think many people have experienced that the winnings they have won are lost again because they don't withdraw them, but instead continue gambling by continuing to bet when they have won. However, the big possibility is that they will experience defeat again and end up experiencing what you said by losing the capital used and the profits.

It is true that more people experience failure, but that is because their actions are wrong, because it is true that if they can control themselves well then they will definitely be able to withdraw the profits they have obtained, especially since winnings that might be profitable are difficult to obtain.
If you are someone whose really that going after on making profits with gambling then you would be mostly bound on losing up even more.Why? you would really be tending to chase up that kind of mentality plus
on the moment that you would be suffering such loses then you would really be eventually be making yourself that trying out to recover on which we know that its never been recommended on having this kind of
approach towards gambling because instead on trying out to make money you would really be rather losing tons instead if you arent that careful. This is why it would really be best that you should really know on what you are dealing with and dont make yourself that delusional because at the moment that you would be having those kind of intents or behavior then you are bound to disaster.

For those people who do able to withdraw are really indeed considered to be winners because you cant really be able to considered to be a winner if you do really just that simply make those earlier
winnings to be spent again on gambling houses or platforms. This is why you should really be that considering on cashing out when you are in profits because if you do spend it up again
on gambling then it would really be that in the same story.
6  Other / Off-topic / Re: Know when to stop on: June 12, 2024, 08:57:29 PM
Being so involved in gamble doesn't makes us to lose alone, but it also makes us to become addicted gradually. Addictions starts gradually and we don't get to know on time until we become addicted fully. Moreover, some gamblers don't even agrees that they are addicted. The habits of chasing losses is inside the gambler that's why some gambler chase their losses, some gambler don't chase lose though.

Yes, without a doubt when we play we face a series of challenges, first we have to see very well how we can generate the most correct way to play so that we do not lose more money than we have planned to lose, second if there is little money I recommend not to play , because it is very bad not to have money for certain things but to play, I say that first all needs Have to be covered and then play, it is responsibility that must be had, now if we take those things into consideration we can define how we are going to play and how much we should spend, if I am clear about how much money we are willing to spend at the casino I think from there on there would be no Problems.

I understand how to play properly according to you may be more like we know everything that may be caused if we are more involved in gambling because it will have a psychological effect such as the growth of addiction and others that can suck your money excessively and we are not ready to lose that money, of course, if you only have a little money it is better not at all to play in gambling, needs are something that must be prioritized however the responsibility to meet needs is something that must be prioritized in life before anything, if everything is finished and has money left over from the needs that have been met then plan how we can gamble much more calmly without having to take away money that should be budgeted for more important things.

The point is to know your own limits, to know when to stop and when you are allowed to play more than what you planned before, it will not be a problem if we realize and know our actions will not give problems both short and long term.
I agree with what you say , we as human beings have to know ourselves as such , especially Ourselves , if we see that there is something that we cannot control because we get excited or because in reality it is something that is very Difficult for us , then we Should not take risks, we have to be sure, and our own limit is what tells us how to do things right, therefore when we look for a way to play Intelligently the best thing is to limit our Money and thus we avoid the greatest Amount of Problems that can be generated, for me that is the trick, until now I have not found another that is more efficient, because the control of emotions ? ummm that is too Difficult.

We are just human beings on which we would really be able to feel on the ff;

1. Greed
2. Delusional approach
3. Excitement/Impulsiveness
4. Having that intent on chasing loses
5. Chasing winning

On the moment that you would really be dealing up with gambling then stopping midway is really he hardest thing to be done. Why? On the moment that you do gamble
then your first priority is on how to win up the game and make money. Only a few who would really be thinking off about having that pure fun and doesnt care about
his finances just because he could be able to make his activities being sustainable due to financial aspect.

Knowing on when to stop on doing gambling isnt really that something that could be applicable to all. There are ones who could be able to make it out
and there are ones who would really be not caring at all on how much they have lost as long they could be able to play no matter what.
So it would really be that situation speaking about stopping or what on such sessions.
7  Economy / Trading Discussion / Re: Most Traders are Not Profitable on: June 12, 2024, 07:13:03 PM
This topic is somehow to me because it's not everyone that will know how to trade.If you are not learning consistently from the mistakes you have made,you are bound to make further mistakes which means you will continue to lose more of your money in the process of trading, because you have neglected the most important things you are supposed to know which is research.Everybodg who wants to make profit in trading must be a good researcher,he must know about the project,the coin,and the best time to trade.When these are taken into considerations,couple with what you've learnt from experienced people,then you can succeed in trading,else you will continue losing and remain unprofitable.
To be profitable in business or to be successful in trading gaining experience is very important having adequate knowledge about timing and taking the right action at the right time is very important. But those who are new traders also have the right to trade. But what they need or what they need to gain experience is to trade manually under the supervision of an experienced mentor or to do all the things themselves in taking the right steps in the business. Thus slowly day by day a person can successfully gain experience in trading.
Anything possible methods that you could apply then you should really be doing it and this is something a normal approach that you would really be needing up to consider on doing so because if you wont really be that wise on making up such move then you wont really be seeing any progress and this is something that we must avoid. Speaking about profitability towards trading then this is something that cant be known because outcomes or results will really be that always vary on how well you do make yourself on making up trades. Dont let your mind being having those kind of thinking that traders arent profitable because it would really be just that disrupt you on the things that you are really that dealing with. Yes, not all would really be that successful but doesnt mean that you wont really be tending to test and do your best into it.

The important thing on here is that you do really know on what you are doing and  this is something that you should bare up in mind. Dont let yourself that being in a rush when dealing up with trading
because once that desperation kicks in then it would really be that hard to stop midway and you would be making up bad decisions or choices just because you are really that making
yourself that too impatient on which we know that this is something that not recommended on doing so.
8  Economy / Gambling discussion / Re: Trading or gambling? on: June 12, 2024, 05:57:04 PM
Trading is as risky as gambling.

I gamble to have fun than trading. Trading drains energy from me like very significantly. If I am gambling, I do not feel exhausted but trading makes me to be exhausted. I do not know what causes this because I look at the screen while doing any of the two.

Trading mislead so many people and they are losing just like in gambling. Only good traders are making money in trading but they are not many.

Trading can be less risky and generate income than gambling, but if done appropriately with less risks. It is not even about using stop loss. I hate stop loss because my strategy does not needs it at all.

Gambling is entertaining. Trading is not entertaining.

Trading is indeed risky but not on the same level when dealing up with gambling. Why? We can apply analysis and any strategies that you could really be able to have that profitable trades on which it is something that you cant be able to do specially when dealing with casino games except if dealing up with sports betting and card games then you could have the chance. Just like on what you had said or mentioned that
there would really be just that only few who do able to make themselves profitable with trading. In overall, leisure thing cant really be compared on something like trading on which this could potentially you could make it as a source of income if you have done it well but of course this isnt something a skill that you could really that easily be able to obtain and it would really be taking up a lot of time.

Also, the only trading thing which i do consider to be on likes of gambling is on the moment that you've seen yourself that dealing up with future trading on which this is something a trading
method or kind that will be considered on high odds or too risky specially into those people who dont have any idea on what they are doing.  Cool
9  Economy / Economics / Re: If you want to be wealthy you need action on: June 12, 2024, 04:33:45 PM
It's true, experience is more valuable than learning, but before seeking experience you have to study because by studying your insight and knowledge will increase. Having broad insight and knowledge can help you achieve success and minimize failure. Experience can be gained just by trying, therefore the more often you try, the more experience you will get.
Personally I agree with you; you make an excellent point. If you want to do something good in life, you must do good work. For this, one has to work somewhere, get an education, and get experience along with education. Through education, we can develop ourselves and present ourselves to society, and when we present ourselves to the country and nation, we need education to gain experience. Through education, we develop ourselves, and through work, we gain experience. Work and experience complement each other. We gain knowledge from the problems we encounter while working.

It is a mistake to wait without doing anything and thinking that things will be fine. Sometimes it may be like this, but usually goals cannot be achieved without effort, that is, without taking action.

We cannot be successful in everything we do, but with the experience we gain, we can become more advantageous to be successful by minimizing the margin of error. Education and focus lead us to success. Our experiences, good or bad, serve as a lesson for us and are always beneficial. If we continue with this awareness, success can be achieved.
One of the main mistake of people is on having this kind of thing in mind on which they do really believe that they could get rich without doing something which is really that a BS reasoning that you do have in mind.
Even just making use of your own common sense would really be telling you up that there's no way that you could really be having that progress on the moment that you wont really be taking any actions.
This is why it would really be best that you should really know on how to deal up with things which if you are really that planning on having that progress then you would be needing to act up and dont make
yourself that being too confident that you could achieve something without doing something.lol

You would really be able to realize those things along the way on the moment that you've seen and experience for yourself about having no progress or changes in terms of finances.
It would really be impossible that you cant be able to make yourself to see on such condition. If you want to be wealthy or getting rich then you would be needing to
work your ass off hard and even if it needs that double time then you would be needing it.
10  Economy / Gambling discussion / Re: Understanding the Impact of Social Media in Gambling. on: June 11, 2024, 08:49:13 PM
The truth about this matter is that, ones any content has been uploaded to the Internet, it can be assessed by anyone, regardless of their age. Most times, for young ones, they end up finding their way around these contents even when there is a restriction placed to prevent them from accessing it. Now talking of the social media advertising gambling, I don't think it might be possible for them to actually focus on their target audience that much. Yes we should remember they have to spread out their promotion to get to a wider range so they might not be willing to add some restrictions. They won't even be aware who access their site except during kyc or other verifications. If a child is well guide by his parents, maybe there might be a limit to their visit off contents that is above their age like gambling.
that makes sense, because nowadays they are already familiar with the internet and cellphones where they can always do what they want, especially with things related to games or video games, of course they will do whatever they can to be able to do it. get what they want until finally they can find their own way to achieve what they want. and I think one of them is that all young people definitely have their own cellphones and with that they are no longer strange about VPN applications, which is an application that can make them access something that was previously inaccessible and can be accessed easily, and this is an example that they can find a way out of problems about what they want.
Of course, the casino will not set certain restrictions, with the only requirements being to register, usually an active cellphone number, email and account number. Of course, this is easy to access for everyone who is fluent in operating a cellphone. It's not surprising that many young people are already familiar with gambling because with the development of technology, gambling has also been developed by placing advertisements and it's not just one casino, it could even be said that hundreds or thousands of casinos place advertisements on social media. and I think that even if their parents set limits, there is little chance that they will not gamble because their external environment will influence them, unless they themselves have an awareness of not wanting to do something that is really risky.
Some people do really tend to blame out their parents on not to be able to control their kids about gambling dealing on which we know that when it comes in todays accessibility and technology on which everything could really be accessed out without any problems or hiccups on which no matter how strict you would be as a parent, there's no way that you could really be able to filter out and control on what they are seeing or on what they are really that dealing with. This is why you cant really be able to blame up everything into their parents because there are really that children that no matter how you do handle them well or would be that guiding on the right path but they do really end up on the wrong way and there's nothing we can do about it. Distractions and influences could really be seen on every corner.

Just like been said that majority would really be having their own phones on which they could really be able to see everything online and us parents does have our own work for family's needs
and other expenses on which not all the time that we would really be having that kind of monitoring on whatever the things that they are really that dealing with.
This is why it would really be that relevant that explaining to them about on whats gambling and other possibilities about its effects and consequences should be at least be explained to them.
11  Economy / Speculation / Re: Be aware that the government and the haters envies your progress on BTC on: June 11, 2024, 08:32:11 PM
I don't really care about anything my neighbors say or opinions conflict with my stance on bitcoin including the government. Of course the government asks us (investors or traders) to be careful in choosing investments, but so far my country's government has never banned it. They expect to profit from taxing crypto transactions on licensed exchanges in my country, so the legality is clear.

In fact, we are responsible for ourselves. Anyone besides you probably doesn't want you to be better off than them financially, but if they discourage you from investing in assets that don't require approval or permission, ignore them.
There’s nothing new with the government. They will always hate u if you continue to invest in decentralized assets, as anything that they can’t be controlled are definitely against the government. But we all know bitcoin has never aim to attack the government, everything are just pure speculations.

However, if bitcoin is the only key to create a more secured future, be it financially or mentally, then I don’t care about the what the government has to say. People need to be greedy at some point, and not just totally submissive to the head that is controlling. If it means investing in bitcoin is a form of greed, then I will be glad to follow my greediness.
One of the main things on why Bitcoin did gain that much traction is that it could give out that kind of freedom and this what makes it special. There's no way that government would really be able to monitor you out on the things that you are really that dealing with specially in talks about money or cryptocurrency as a whole and thats the beauty of it. On the moment that you would be finding yourself dealing up with crypto
then you have freed yourself into those kind of centralization and control of government by using up those centralized platforms and services. This is why its not really that shocking that they will really be
trying out to get involved on anything which is related to it, Making up some warnings and would really be tending up on centralizing on everything but of course its not something that you could really be able to
stop but also there's no way that government could also stop people on making such involvement.

Better not to make yourself that having that kind of exposure if you are dealing up with crypto, not really just that tending to hide yourself from the government but also trying to hide up yourself
in other peoples awareness. We do know on whats the risks on this one.
12  Economy / Gambling discussion / Re: How were you able to handle a losing streak up to 5 times and above? on: June 11, 2024, 07:52:42 PM
Lesson so far, the need to manage risk is highly recommendable, stick to plans and never go above your plan, all this while my profits have been much higher than my loses, but a single week took the majority of those profits, Therefore, even though you are these profitable person in gambling just as I have been all this while, there may be a rainy day for you and what would protect you are these strategies in place.

Have you had this experience before, and how were you able to manage/handle it?

You are lucky to have your losing streak stop at 5, with the kind of games that you selected, you have low chance of winning and this isn't because it was dominated by players or not balance, it's because Euro Championship isn't the kind of regular season we are used to, not some players you expect are called for playing and you don't even know how dominant some players are after the main season in their club, this is why I don't bother myself to play off season games.

Any game that is not September to June, I don't bet my money on them because I know for sure I'm going to lose, there is now way Argentina of 2022-2023 will be the same for that of 2024, there is going to be some changes. The only time I think is okay to bet off season games is when they approached quater final that's when you begin to predict some characters of some players and teams but make sure you don't bet on straight wins, over or under are easy to predict.
One of them main things that proves out that there's no such thing about assurance in speaking about sure win or something that do talks about 100% winning no matter how sure or best analysis that you could have on a certain game. There would really be no guarantees and there would really be no precision despite of that kind of confidence when it comes into your selection. This is why it would really be that relevant or something crucial in speaking about control and discipline towards self specially at the moment that you would really be experiencing losing streaks. 5x wont really be that something that too long since there
would really be those moments that it could really be that even more.This is why control and moderation would really be that relevant into this time.

Emotions and that impulsiveness will really be your main enemy on here on which at the time or moment that you would be finding yourself on such situation then you should really be that sensible
on the actions that you are making. Dont let your emotion comes into your head because if you do then you would really be ending up on making bad decisions because you have influenced yourself
on having that kind of emotions basing up with your next decisions on which this is something that you should avoid.
13  Economy / Trading Discussion / Re: Why are people getting scared to Trade on: June 11, 2024, 07:32:16 PM
I learned different strategies but it only makes me confused. So my advice to an empty cup trader is to focus only one strategy. Because all strategies are working but not them all provide 100% win rate. So if we keep changing strategies because we thought we can find that really works for us, we are wrong. It only adds confusion to our analysis.

I completely agree with that, and it is not only about trading but about anything that a person does, if they try a lot of methods, even if all of them are working, they would get confused and think that they still need to find other methods that might work better than the current ones when in reality, all of them are working well but they are just getting themselves confused.

Similarly, when you are trading, if you don't stick to a single strategy and keep looking for new strategies and keep switching, this might affect your trades negatively instead of giving you better opportunities. I know that some strategies might not work for some people, but one should stick to a strategy that they think is working and should only improve and improvise in that strategy to make it better over time.
See, if one does not change himself with time, time will not hesitate to leave him behind. Because time is reality and reality doesn't spare anyone, it just needs a little time. So those who stick to outdated meditation concepts or methods will never be able to move forward but will collapse. So always be smart and change yourself and your work style with time. So your speech is timely and very reasonable.
You wont really be that progressive if you are that someone whose really that not tending to do something specially if you have seen that your ways and methods or behaviors doesnt really changed a thing or would really be having no progress. Just like you have said that if you wont really be that tending to make that one step forward then there's no way that you could really be able to have that progressive life.

In speaking about trading then this is something which is really that very hard and there's no way that we could really be able to tell on where it would really be that going. This is why some traders would really be that skeptical on dealing up with this just because they've been afraid that they cant really make it through or simply the main reason on why they would really be not that confident on dealing up with this
just because they dont really like on losing money.

Acceptance and preparedness about dealing up with the risks is the main key for you to be able to survive this unpredictable space. Making up a pile of back up plans
whenever your initial set up failed then you should really be that preparing something that could really be able to make yourself having that kind of dealing.
14  Other / Off-topic / Re: Is it possible to inherit a gambling debt? on: June 10, 2024, 08:44:31 PM
Well, yes I think debt can be inherited from parents or relatives, depending on the person that is very close to the debtor or the person that stood as a guarantor for the gambler. Before someone takes loan, they usually use someone as their guarantor which is liable to pay the loan if the real borrower is unable to repay or perhaps the person dies. If the children of the borrower are wealthy enough, they will be entitled to clear their dad's debt to avoid drama from the lender. This kind of issues have caused several issues in my place.
I don't think it's possible for a friend to inherit his/her friends dept, as long as the friend is not a family member to the dept or I don't think it would be possible for a friend to inherit a friends dept. I can say that families are the ones who is suppose to inherit the dept of their member, it's unless the a close friend to the family would like to assist them to pay but it's not a must for a friend to inherit any dept from his or her friend.
The essence of bringing a guarantor to collect a loan is for the sake that the loner ran away or something bad happened, then the guarantor who sighed the agreement for the loan will repay the loan.
However I have seen a case were the children are paying the loan that the father collected but the late father to the children didn't collect the loan to gamble.
Friend or any non blood relative then there's no way that they could be tied up to paid up someones loan or your friends loan. So its impossible, not unless if you are that part of the family
and there were some agreements in between lendor and the borrower then there would really be some responsibilities that needs to be settled or to be paid up. Of course this would really be that situational because we dont know on what are their payment agreements on the time that the gambler is still living. It do really indeed sucks that you would really be needing on paying up something which you havent
been able to make use in the right way or something worth but rather those amounts had been completely being used purely in gambling.

So as for those loved ones who are left behind then it would be just that a pain on paying up those loans if ever they would really be needing to pay up those loans
but most of the time it would really be that quits or waivered or something like this.
15  Economy / Economics / Re: Is it still possible to retire early? on: June 10, 2024, 07:59:15 PM
Retiring early means you are freeing yourself from attachment to the institution where you work or the source of income from work that occurs prematurely.
And you have to think about this carefully, especially in the future because you will definitely have a household and several children that you have to really think about and plan well after you retire early. And this is not an easy thing which will make things difficult for you when you have children who will grow up and go to school, college and so on, including unexpected events that you have to think about and carry out as well as possible.
And if you're the child of a millionaire, that could happen. And if it is possible to retire early, you must prepare everything and not only yourself but all the needs and interests of your children and wife must be met and also carried out well, especially in financial terms.
And the best way to support early retirement is to invest and also have a successful and profitable business for the long term and also passive income before deciding to retire early.
Retiring early does mean that you could already make yourself that sustainable in terms of financial on which simply means that you wont really be needing yourself to reach out that specified number of years
on service or on your work before you would really be considering on retiring. On the moment that you would really be able to achieve such condition then you would really be definitely be having that kind of action.
This is why it would really be that depending on how well you do make yourself achieve such condition and this isnt something hard because you would be needing to make yourself that sustainable first.
Is it possible? Yes its possible but the thing here is that on how you would really be doing it?

We do know that things could really be achieved through investment and business and this is something that would really be that depending on you on how well you do make yourself
that making up decisions or on how you would really gonna be dealing with it.
16  Economy / Gambling discussion / Re: Double your money and quite on: June 10, 2024, 05:58:41 PM
When anyone makes doube profit the it is almost impossible to stop gambling but if it is for a while or it is for fe days only then it might be helped to stop gambling but if it is for a long time then I think no gambler will stop gambling permanantly.
I believe that every user must have experienced double profits when playing gambling, especially when opening a new account, they often get double big wins, I always think of it as an introductory win, but for people who are not used to it, they will try playing again hoping to win. again and double the winnings to get even bigger, but in the end lose all the money, that's how gambling works as I know even today most people get used to doing that in the long run and never want to realize it.

A smart gambler usually learns from his experience and knows when he has to play and double his money to win and knows when he has to stop gambling, every stupid and irresponsible gambler will usually always be careless in gambling, they also make the same mistakes over and over again repeatedly so that you experience a lot of defeats, especially if you do it often for a long period of time, it will definitely be very difficult to stop it if it has become a bad habit.

Yes, I think they do it on purpose to entice the player to play more than he can afford to lose considering the fact that these are systems designed to make money for their owners, you can't be irresponsible in a world like this, there are sharks, it is true that an expert player knows when he has to stop playing but he also knows how much he has to bet and when he has to stop but then it is easy to lose control and play everything that perhaps has been won over time, many times those who win a lot throw it all away that he won is almost the rule, for example I have made this mistake many times but it's not easy I understand
If a person acquires enough skill in gambling then his life will not have any bad effect due to gambling as he will be able to take right decision at right time but not so for everyone else. A new member will not be able to gamble like an experienced person even if he wants to. There is no chance to depend on luck alone in gambling. If gambling is planned solely on luck then the gambler will surely lose his money by gambling. Here if 50% has to be depended on luck then the remaining 50% has to be depended on one's skill then only the result of gambling can come in one's favor.
Not really just that only limited to gambling but also in other aspects in life on which good control and moderation neither emotion and thinking will really be always gives out that kind of edge in compared into those people who are really that delusional specially in gambling and some sort of things. On the moment that you do find yourself that on such condition where  you are really that playing gambling and having those x2 targets. Then you would really be quitting on just simply hitting that threshold? I dont think so, because human beings are really that way too greedy and there's no way that you couldnt really be able not to think up or having these thoughts in mind. Some could be able to stop and would be sticking into their own principle but majority of people do end up with south decisions.

Doubling money and would really be just that simple quit or stop? If you could be able to do such thing then thats really something recommended, but if not then better to reassess yourself on what are the views
that you do have gambling. Gambling is really just that for the sake entertainment and leisure but it turns out that people do really end up on having those different thoughts and approach
towards on it. This is why at the moment that they do make themselves delusional then this is where action would really be done after.
17  Economy / Gambling / Re: Unreasonable Withdrawal Limits on Betiro on: June 08, 2024, 08:15:59 PM
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Fair limits must be about $1.500. Or they have to decrease monthly limit. Anyway i think that both these limits are unfair. If they have to limit withdrawal, it would be fair to look at the user deposit. Everybody must have an opportunity to return his deposit(at least) in a week. It is my opinion, but i never was in such situation.

It would not be fair even if the withdrawal limit per day is $5,000, because they casino accepts his $5000 deposit and other bigger deposit. Lets say the casino allows you to deposit $50k but the withdrawal limit per day is $5k only, it is not fair at all. If the casino has such low withdrawal limit, they should also have a deposit limit per day. Allowing players to make big deposit but making players hard to withdraw money by the withdrawal limit is sign of scam imo.
Totally a BS thing on which they allow bigger deposit limits and then set out smaller withdrawal threshold on which it is really that a shit thing for them to integrate but, if we do base up on what OP has said
then i doubt that it would be totally that 5k or even way more lesser. Usually even if we do say that VIP 0 or to those newly created accounts will really be still that having that considerable limit
and even if you are that a small time gambler then you wont really be able to hit up such limit. On the moment that they've seen you that you are making some bucks even with small capital then you would really be on their eyes and get focused and monitors you out. On the moment that they have that attention on you then expect these kind of circumstances.

Also, dealing up with unknown sites is also that dangerous. Pretty sure that majority of us here on this forum didnt heard about Betiro? Or i had just missed out?
18  Economy / Speculation / Re: Buy Buy Buy or Sell Sell Sell? on: June 08, 2024, 07:25:54 PM
The point is you don't build wealth by diversification, what's the need of having so many asset and so little invested in all, as a bitcoin investor you should focus on building a good stash in bitcoin first before you think of diversifying, then when you have at least a while year of your living expenses in bitcoin then you can consider diversifying into other asset.
I don't know how you arrived at this statement but I have noticed it to be the case with most of the world's billionaires,  they became rich through a single product before some of them diversified. Bill Gate, Jeff Bezos, Elon Musk and many others were all known for a single product which made them rich before they later diversified into others things. So it could be said that starting an investment career or wealth creation process might require one to focus on one asset which in our case is Bitcoin, this way it will be given the attention it deserves. Diversification should only be consider probably when one have riched his portfolio objectives in terms Bitcoin stash.


I agree with you.
When one invest in Bitcoin he Should firstly build  a good solid Bitcoin portfolio and focus on it not thinking about diversifying into any shit coin, if diversifying should be considered probably into any other physical asset of which the funds are readily available and not related to Bitcoin funds or holdings.
As you mentioned which I agree as the merits of diversifying and also affirm that wealth can be made through Diversifying with the right assets.
I don't like the idea of diversifying your bitcoin portfolio into shitcoin because I don't think that shitcoin is an assest and it is in the same line with bitcoin. You should understand that bitoin is king and other cryptocurrency depends on bitcoin price movement for them to perform in the market. So if you diversify into shitcoin when bitcoin price dips, all your investment will depreciate in value making it more risky.
Note that my support for diversification when an investor have reached his Bitcoin target does not mean I'm recommending other coins. Investment in other coins apart from Bitcoin can never be regarded as diversification because Bitcoin is the best there is and if anything happens to Bitcoin, it affects every other thing to has coin attached to it. My idea about diversification,  which I know you also support, is investments real estate, agriculture and many others that might also be good source of profits with some sort of stability and reliability even though risk cannot be completely removed from Investment.

Diversification should involve assets that have insurance cover, this way you can be rest assured that it is a reliable hedge against Bitcoin which do not have insurance cover as we are yet to see insurance in this area of investment.
Bitcoin is best and there's no doubt about that since its the main coin that we could really give or put our trust into but doesnt mean that it would really be that 100% assurance that it could give out into those things that you've been hoping for.Always set yourself that being that expecting for unexpected things to happen because we know that in investment world, there would really be no assurance in regarding
about success or guaranteed profits. Always take precautions and this is why some people would really be that trying out to spread the risks or lessening it out and this is why they would really be having those considerations that they will really be that having that diversified portfolio because they are really that trying out to divide the risks on which its not really that a bad idea either.

Somehow in overall, majority of us would really be normally sticking with Bitcoin because this is the main coin that the entire community is really that support on which no doubt that it could give out
guaranteed profits on the moment that you do hold it for long term but we do know that not all would really be having the patience on holding for too long and this is why they do
really end up on dealing with other coinns/tokens which are available in the market.
19  Economy / Gambling discussion / Re: Never borrow money to be able to gamble on: June 08, 2024, 06:28:07 PM
Most addicted gamblers cannot use their common sense in making good decisions and acting well and they only think about how they can continue gambling.
With the intention of borrowing money from friends to be able to gamble is a wrong step and must be avoided, but what can be done because the urge is so strong to be able to continue gambling, addicts forget their obligation to repay the loan and there have been many addicts who are trapped in situations like this, they will disappear or do not want to be responsible because they are no longer able to accept the heavy burden of having to return money to the borrower.
And what's worse is that his family has to bear the burden of all this problem.
Truly, that is mostly the case for gambling addicts who are not able to control their urges. It's main focus is to just gamble again and they will not worry about their future yet. Once every penny is gone, that is when they will start to get stressed with what they have done. All they can do is be frustrated with themselves and regret what they have done.
It's too late for them and it will be difficult to recover from it. Their other problem is if the lender will sue them. The worst-case scenario that I see is them paying up the loan while their job is inside the jail. As much as possible we should not do this. If there's no money left then just take a rest and wait until we have the money again.

Yes and the behavior that you convey above applies to gamblers who are already addicted, they cannot resist the temptation to gamble and they cannot control themselves when gambling, there is only selfishness, greed and lust that is so high that they want to gamble again and again. And when the time comes when the addict no longer has money to gamble, they will take a shortcut, namely borrowing money from other people and this is what will actually happen to the addict's life, namely a new problem in his life because he has to bear the obligation to repay his debt and I feel this is a very fatal mistake and very high risk.
Someone sho is not discipline and can not control himself from gamble easily become addicted to gamble it's not because he is a gamble frick but it's because he can not control himself that's is why he is addicted to gamble. Sometimes we let greediness decides for us when we are gambling. When one gamble and lose greediness makes the person chase lose and chasing losses attracts more losses to a gambler.
On the moment that you would really be finding yourself having those kind of intentions or having those kind of approach towards gambling then sooner or later then you would really be finding yourself on such tough spot on which we know that it cant really be that recommended that you should really be that making gambling as a source of income on which on the moment that you have lost money then you would be taking up some loan or borrowing just for going for another round? You are just that basically putting up yourself on such situation whereas you would be having that huge financial problem that nobody wants.
Although you wont really be thinking on these things since there would really be that an other thing or concern that you do really have in mind is on which to make money with gambling.

People do mess up their lives because of wrong decisions because they do make themselves delusional and really that believing that it could be possible but at the moment that they are on such situation then this is where they would be able to see for themselves that it cant really be just that possible for you to deal up with those things that you do have in mind.
On the moment that you do keep on borrowing money for you to gamble, then it is really that showing that you are already addicted into it.
20  Economy / Economics / Re: Is it still possible to retire early? on: June 08, 2024, 05:22:05 PM
In summary, early retirement is a choice. The global economy is making it difficult to achieve it, but we can still try our best to plan toward enjoying it by saving, investing, and healthy living.
In my estimation early retirement is a choice if you leave in an economy that is already developed. In an economy where the government actually cares for her citizens and have been able to provide the basic and amenities for them. But if you leave in an economy that is still developing early retirement will only be a wish. Because you can't retire early and have it going good for you. In this type of economy you have to work twice as hard to even erk out a good living for yourself and while you are at it retiring early would be the last thing on your list. That is why you should do work that you love, take time out to relax, eat healthy, invest no matter how little even while you are actively working.

You are absolutely right, if we actually work to provide everything for ourselves, retiring early will be the last thing on my mind just as you have said

But doing what we love and like won't be affecting our wellbeing as long as we are doing it with our heart and mind, we might even work without getting tired of it because we will be enjoying doing the work and the way our economic is right now in my country, we will have to work things for ourselves and to our own comfortable too.

Retiring at young age is actually a good thing because if things work out well you will enjoy the fruit of your labour, I really get what you are saying but they are just few of them and again it depends of on the career work, most of the people I noticed that with are educationalist, people making research don't retire at early age most of them died in that path. Most of this educationalist doesn't have money and they don't care because they love what they do, some even turn down offers that will make them rich but due to the passion they have for knowledge they don't take it.

As am concern, if I make huge amount of money at my early age I plan to retire early because live is very short, I want to enjoy myself first before many will start fighting for what they don't work for.
Some people would really be having this kind of thinking about having that kind of early retirement on which they would really thriving out their best for them to accumulate more money or saving it up until
they would be able to find themselves that they could really be able to stand still or survive. Due to lack of action and proper planning and integration of such savings then this is where a certain individual
would really be having a never ending kind having a job and since they are really that still get stucked into that day to day living expenses. To those people who had been thinking about those
early retirement while they are still young are the ones who arent that contented on the current condition that they are in.

Even myself wont really be tending to be that like an employee forever on which it would really be just that right that you should really be doing additional steps that would really be proving out
that you are really that able to achieve such thing. It wont really be that so easy but doesnt mean that it would really be that impossible to be done. It is really just that
someone isnt really that serious on trying out to achieve on something and really that contented on the condition that they are in.
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