I make a mistake from looking back at my experience because I see how terrible I am. I feel disappointed, and it makes me feel sick and discouraged from gambling. Yes, it is a mistake because the casino can't get more money from me after discovering my big losses, which makes me slow down and become an occasional gambler.
I believe a change could happen if we track our gambling history. But sad to say, that gambler never takes this seriously. Ignoring the past makes us still see a lot of gamblers in debt.
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Let’s face it, as long as global adoption seems too far to be realized due to government’s opposition, and that majority of the country’s government are still not aligned with bitcoin’s perspective, government acknowledging bitcoin will never create positive impact. That’s the reality so far.
And most likely, they only come to acknowledge bitcoin only to warn the people about its negative effects to their lives, and later on convince the people to put their trust on to them and together they will banned bitcoin, or if not banned, at least they will keep avoiding it.
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Why not when it can help the community? It should be for accountability. And this helps the government to catch individuals who are using gambling sites as their medium for their evil works. The more it was regulated, the more it minimized fraud.
Only those people who are not in favor of regulating casinos are those who have evil plans. In fact, I even hope that the government will be stricter in implementing this in order to completely eradicate illegal activities. Let the regulation take place and help protect the reputation of gambling sites.
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This could be an ideal approach if you are making a sufficient amount of income, but in reality, those who are living paycheck to paycheck will only fit their income up to their expenses only, no savings, not even emergency funds. Although I’m not saying to normalize this kind of approach, but it’s the sad reality these days, most especially that inflation stays for good.
However, still this is a good post OP. This should be prioritized to avoid financial struggles in the future.
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So the question is, can we still call that luck? Or is that already skill at work?
Skill and work, plus LUCK. It is going to have a happy ending. Unfortunately, it seldom happens to anyone. That is why I don't think we can make a profit in sports betting in the long run, especially if we are doing this every day. But of course, having knowledge and skill is a great advantage and could increase our chances. However, we couldn't really say that it was the final ticket to winning. Still, our luck decides if we are going to win or not. That is how gambling works. And even experienced gamblers could say it.
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Sometimes a person who can’t controlled his/her addiction won’t stop even if they mentioned they will stop gambling. Majority in some scenarios, the only thing that made them stop is losing a lot or already in debt. Stopping isn’t an easy way to do, once you’re inti gambling, it’s hard to escape that, you need a hard process and takes a lot of time. So if a person said it, don’t believe it ‘cause we all know people always learn in the hard way.
Even if they are not addicted, many still gamble despite having trouble with their finances. It was because of their wrong mindset and revenge emotions, thinking that if they stopped, they would no longer get their money back. So many gamblers have this kind of faith, and none of them have ever succeeded. Instead, they get themselves into more trouble. A reason why we should not treat gambling seriously in the first place. It is easy for us to stop if we want to. But once you fall into addiction, that is certainly difficult.
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That’s just how resilient bitcoin is, that even if you see its price going into dips, and you have sensed there’s no chances to recover again, still it will recover in time, even if the recovery phase is not that fast. This only proves that bitcoin, regardless of any traumatic global event, will stay as reliable and profitable it is, no matter how volatile it is.
Bitcoin has always survived those past wars, but what has not survived are those weak hands who easily get panic and sell their bitcoin at a loss.
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Any world event may leave an impact to bitcoin, showing price decline when it’s a negative affair, or seeing bitcoin price pumps when there’s a positive occurrence. However, the effect will only leave temporary impact, and eventually find its own way to recover its price until it hits another all time high.
Now, since war and armed conflicts create an impact to traditional market and even to cryptocurrency economy, hence it is expected that during its event, bitcoin price will definitely be put at risk.
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If you want to see life’s progress, then always go for a change, change not just for the better but eventually for the best. Invest in yourself, your attitude, your time and efforts, and most importantly, invest in your health. There is no secret to achieve wealth but one should prioritize investing in yourself to gain maximum outcome.
Furthermore, you have to keep positivity in life. Positive attitude attract positive results, so if you want to make your life more meaningful and satisfying, then never resist changes. Level up and claim your future life’s achievements.
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I cant keep up with the news the last bomb shell was trumps terrifs and btc went to 75k, . Are US investors saying this could be bad for the american stock market so last buy crypto: so it will be good? Or will the traders say btc and when I say btc I mean all coins, that when the nyse is too linked to bitcoin and even though bitcoin is country less but seems US drives the price. You can see when this administration is insider trading. Always a day late so we pick up the tab when they pump and dump.
Every global turbulence is bad for the financial markets(including the cryptocurrency markets). Bitcoin will be alright in the long term, but we might be witnessing short term price drops(which isn't a bad thing). You probably know the saying "strong hands will eventually win", just HODL your BTC and don't bother with the short term price fluctuations. I don't think that the NYSE is "too linked to Bitcoin". Bitcoin simply follows the patterns of most major indexes because BTC is a truly global asset with a liquid market(just like the stocks, that are listed on the NYSE). Having short-term price decline isn’t bad at all, as it could offer great opportunity for new investors to accumulate bitcoin as much as they can. However, the bad thing is, if this opportunity is a result from having a war where numerous people have been affected, then I don’t see it a good opportunity at all. I just hope that Iran and Israel will totally agreed on that ceasefire, and there’ll be no signs of retaliation after a month or year. Otherwise, the whole world will be threaten and this time it could be a very worst scenario that no any country would want to experience.
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Its heading to 109k for the last 8 weeks or so, some variation but mostly just hanging off that support line for this amount of time. Its lost the regular uptrend it had but not sold off especially after that, so BTC is strong really and moving averages dont disagree with that with all time frames moving upwards.
Bitcoin is very close to its all time high, but I don't think it can reach another all time high without first making an 8 to 10% correction. While we all want that bitcoin surges to new highs without correction but the fact is that if the price moves up in a straight line, that move is not sustainable. It is always better if the price drops a bit before making a new leg up. For the long term or by the end of this cycle, I think the minimum bitcoin can go is around 130-150K. This is the minimum I am saying, while the maximum target could be in the region of 270-300K bitcoin price. Mostly, the pattern of bitcoin before it reaches its new peak is that it will experience some sort of correction first and once its momentum recovers, that will pave way for bitcoin to finally reach its new all time high. This is not new for everyone since bitcoin is always like this, but sometimes it takes a different route but still end up with a new all time high. Our patience will always be put at test, so if you don’t have that, you will never be completely successful with bitcoin.
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Aside from thinking that trading will make me rich quick, I also thought that if I can make profits on my first trading experiences, that’s good to show that I will be making trading profits consistently. Until I realized that it’s more risky in trading, as you might end up losing a lot than winning a good amount.
And the fact that if you’re being profitable in the beginning doesn’t guarantee that you’ll still be profitable in your next trades. There’s always uncertainty in trading, especially if the market moves totally opposite from what you expected it to be.
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I’m not actually going into airdrops right now, I’m more stuck with bitcoin. But even if I have airdrops, I don’t think I can rely completely with that kind of app since it could be good and beneficial for now, but we really don’t know its future performance then. It’s still best to secure your crypto wallets on your own and not by any means of third party, be it decentralized or not, still the risk to lose for your cryptos will always be there.
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Right now, there’s a huge difference between bitcoin and altcoins. BTC is already performing as a global asset and that’s make the chart more uptrend and price really goes up high.Well, altcoins still have some limitations too and that makes them stop to reach ATH, while BTC’s halving is always happening every 4 years.And also, pet’s be real, majority of the altcoins repy too much on BTC, I think the solid so far is BNB or SOL that makes a stand every BTC dips.
That’s the point there. Since bitcoin takes the lead while majority of the altcoins are just following the path, so it’s not surprising why in the end, only bitcoin hits its new all time high, leaving the rest of the altcoins not even pumping its price nor reach its new all time high. However with bitcoin, it’s the market’s favorite, and the people’s precious asset, so it will definitely reach its new all time high as long there is constant demand from all its investors.
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We can just say it was a waste of time if we take this unnecessarily. But for sure, a responsible gambler spends time wisely. They spend time gambling when free. It will be a waste of time if we do nothing in our lives.
If we consider gambling as a pleasure, it means that we are benefiting from it as well. We may lose money, but at least we enjoy our lives gambling. I think the most important thing here is that we should know what our priorities are. Losing money in gambling is natural, but losing time on useless stuff is another story.
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i even commend the casino for showing the video on how to fight addiction despite that they later turn the video into a means of promoting their casino.
They are doing it already by reminding gamblers to stay responsible and spend their money wisely. But being addicted is not their problem anymore; it was the gambler. If we notice that they don't spread negative things about them, it's because they don't want the community to think that gambling is bad. What they did was just a short reminder, and I believe it was enough. Besides, this is a business, and they will take the necessary steps to grow and sustain. Let the casino do its job, and we also do our part.
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Well, just assume that I am earning 10% monthly. Of course, I'll be glad with that. It is big money already. It was more than the amount that a bank offers and even in business profit.
I won't say no one makes money from gambling, yet they are inconsistent. A reason why the majority will think that it was impossible, and we all think that we will just lose in the long run. That is why gambling is not a thing we consider as earning resources, but rather just a sort of entertainment.
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Mistakes are normal, even those highly successful traders these days have certainly made a lot of mistakes way back then that taught them how to improve their trading performance and get more motivation to keep going despite of the consistent losses at first.
Personally, the best lesson I’ve come to learned from all my past mistakes is that, never give up easily from trading. You could lose a lot, get frustrated a lot, but remember, there’s no easy beginning. All comes with risk and hardship, so if you can overcome all those trading threats, you’ll definitely win in the end, but if you chose to quit at the middle of your trading career, then you’ll always be the loser. Quitters never win, while winners never quit.
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Will aggressive gambling and wish to try again really can ruin or it will stop when you run out of money. Or its worse if you win, but keep on winning during losing all the money. Imo chasing loss is least dangerous manifestation of greed. But when people win. Have you noticed how people always find it now enough or wish to have something better, bigger, more? In my gambling experience, I was more disappointed when I won and continue gambling, decreasing final amount I have won, than moments when I gamble and lost my balance.
What is actually dangerous is not winning or losing, but the decisions made after that. Winning can be the beginning of destruction if it is used as an excuse to continue playing, instead of stopping. Many people think, while they are lucky now, when in fact what happens is they start to lose control. Likewise when they lose, instead of stopping to reflect, they chase their losses. The main problem is in their mindset, emotional decisions, lack of discipline, and always feeling like there is a next chance. In gambling, repeated bad decisions are far more damaging than one big loss or big win. Losing or winning, both have a negative impact. In the case of gambling, those who can accept losses will blame and look down on themselves, thinking that they are not good. But when they win, they also think that gambling is for them and continue. Whether it was a winning or losing bet, a gambler thinks it depends on the outcome of the game. Gambling has a huge influence on the mindset of the person. That is why we see a lot of gamblers lose control of their emotions because they have trouble accepting results.
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Gambling is one funny game that I have seen yesterday I decided to try my luck on some virtual games on a casino and boom luck shine on me I win a significant amount of money and I was very happy 😊 and decided to try my luck today thinking that I will make more money using thesame strategy but it didn't go well today.
I lost everything that I have won including extra money from my pocket one thing that came to my mind that i want to share with us is that you don't get lucky every day in gambling sometimes you win and some times you lose too don't take it too personal or get frustrated gambling is a game of luck.
Gambling is tempting and addictive. It all started with winning, and as we continue to gamble, believing that we could still win more, losses take over. Just what happened to you? All of us had also experienced the same. And there is one thing it tells us: that we don't have to be greedy in gambling because the more we think about it, losses will follow. Lesson to learn: We also need time to relax from gambling. Always remind ourselves that gambling every day doesn't make us win. Instead, this will cause losses.
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