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This topic I am creating here was a result of what we discussed offline and I feels like sharing here to know how people would reacts as well, while with friends, among us there are others there as well which was saying that he has been trading for a while now that whatever amount given to him that he would multiply it and balance back to them. That isn't a problem but what keeps wondering is that, I have been around this forum for awhile now and I have been seeing how people do lose in trading, even to the point whereby it's advisable not to trade for anyone because you wouldn't know when you will lose the entire money completely. Perhaps, as we were discussing one of our old time friend that he is willing to give me specific amount to trade for him that he would be satisfied with whatever returns be it weekly, monthly that he is ready. Then I told him, instead of you giving out your money for trading why not buy Bitcoin and hold since that is more safer than trading because I wouldn't want where you accused me of running away with your money maybe after I may have entered wrong trade.
However, have you traded for someone and how does it ends and where you able to meet up to the monthly/weekly returns as said by the person? Share your thoughts so we can learn.
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I would want to know from others here if truly their account balance determines what they would profit as a trader.. but then I have to think twice and said that our balance is not a product of our profit rather this is a factor of our in depth knowledge and understanding towards trading. You can have a sizable account balance but if you don't know what you are doing you would still end up losing them all so you should be able to know what you are doing.
For you to profits as a trader you must learn to work on your emotions, which includes risk management and knowing the right time to enter trade and when not to enter trade. In fact you must also understand your candle reading, which includes technical and fundamental analysis in other to understand how the market is moving and this is not all, you must also learn to control your greed index otherwise you could lose after some good profits from the previous trades. However, having a sizable account balance doesn't really attributes to how successful you could become if you don't have the right knowledge of trading.
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Have a colleague at work place who keeps saying that gambling is also investment that in gambling whatever amount you use to gamble can actually yield back the results, he emphasize on that if you are gambling you should do the best to use a better amount to place your bet so that if you win then you gonna have good pay out.
I paused a bit, while something was ringing in my head that if this dude was joking or if he truly understand what Gambling is. Of course I didn't agreed with him because I know gambling is never investment but a game of entertainment and having fun. Whatever above this is never regarded as an investment rather being too open to be deceived.
In other hands, investment is different from gambling, let say if uses specific amount to buy Bitcoin worth of 100$ and if market drops the investment decreases by dollar equivalent but the fractions of my Bitcoin remains the same till the market took back its place or even move above expected price and I could likely sell to have my profit whereas, I can also hold for longer time as I wishes. But on the contrary, if you uses same amount to gamble when you lose it there is no way to get it back and there is no possibility of winning, in fact the chances are 50/50 base.
Is he right from what you think?
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I am actually surprise to see that there are some people who doesn't know how to face public, this happened on a seminal hold on our group friends where someone among us was asked to host the people since it was their turn to do that, but it happened that weren't able to present themselves very well. Though I never mean to post this here but something stroke me to post here to know if we have same people here, there are some people who doesn't know how to express themselves in public and they would want it to be private or somehow meet someone in private to be able to express themselves and their feelings. Same thing happened to popular person we know to be Mark, and through such experience he created facebook where people can communicating and sharing their feelings through online.
have you experienced such a thing before to you knowledge?
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This question seems to be very simple but there is a dip meaning in to it. As we know gambling is usually a game of luck and probability base game no doubt, but how do you think you should study gambling for your chances of winning at least 3 times a week. I am not trying to bring trading into this case but let just came to think of it, people usually say that for you to become a successful trader you must read and make more research to enable you know to trade and make profits from it. However, we have all believe they mostly shares same characteristics but most of the research are more in trading while gambling do not need much research but yet people are still losing more than they expected.
Can you say something about this in respect to gambling?
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This is no longer new anymore because there are some countries which inflation has eaten up and from the salary allocation it seems that the salary is no longer sustaining the family but we found out that government do not care to know how people are managing, or even if they have been able to sustain with such salaries? Yes, know that things are increasing but Civil servant salaries are not being added instead politicians keeps increasing their allocation, which also includes wall drop allowance and many more and yet they are comfortable and they allows people suffer for not reason. What are the measures to deploy for the government to know that Civil servants salary should be added in respects to inflation rate to enable them meet up with the ways things are going currently.
What do you think?
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A reply of yours, quoted below, was deleted by the starter of a self-moderated topic. There are no rules of self-moderation, so this deletion cannot be appealed. Do not continue posting in this topic if the topic-starter has requested that you leave. You can create a new topic if you are unsatisfied with this one. If the topic-starter is scamming, post about it in Scam Accusations. If no one have asked I will really want to know the reason why this ANN is created on self moderated, I think there is a motive to this because almost all the casinos that launches their Ann thread here are not self moderated and I must say that it's very risky to associate with this site as gambler can't post their experience and difficulties they would be encountering from this gambling site.
Anyway welcome to the official Bitcointalk.org. If you must permits me to say, I would advise to lock this Ann thread and post another Ann thread making it from for General discussion. The reason why you wouldn't have more people associated to this gambling site is that you put your ann threat on a self moderated because it looks so suspicious. I would want to know how bad is this post to be deleted by mode or admin. Please, I would also want to know to my error to the cause why this Post is being deleted by the admin. Again, if this post is being deleted by the op, please could you explain why this post is being deleted? And if what I said is the sad truth why do they delete my post if they don't have have any bad motive? Again, do you think a casino should make their Ann thread self moderated? If yes! Could you explain the reason why the Ann thread is self moderated?
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Gambling is very interesting and if you don't know how it works you could get carried away while gambling, gambling has become something that is worth more than going to source for work or searching for jobs. Majority of Men or people out there think that gambling is more profitable compared to go search for a reliable Jobs.
My question is that, if you truly understand know about the loses involves in gambling would you go gamble with the amount you can not afford to lose? Many people gambles now and when they lose they surely looks for someone or something else to apportion the blame because you used the amount that is a bit higher to what you can accept to lose to gamble but then, you had no option than to keep gambling till either you recover what you had lose while gambling. However, if you think about the loses that is involved in gambling would you still use the higher amounts to gamble or you would reduce your bet to make sure you still remains online gambling? Of course, we know that anyone gambling should keep using either 1-5 percent of their monthly/weekly income?
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I don't know if this topic has previous been existing here or not. I have been thinking of something lately to know if the community are seeing and observing what I am about to say currently; If you are facing much difficulties while gambling, and probably you are losing much to the gambling site, don't think that you can also change the time moment you should be gambling on.
For instance; there are people who loves gambling at the day time, night, or possibly weekends because they thinks that weekend games are more profitable moreover, there are people who are looking at draw during weekend games but most time it is hard to secure winning.
From your perspective do you think that weekend game are more preferable gambling on and after that week you would have to wait till the next weekend again or do preferred gambling at night when the casino are not that busy compared to day time where the site is always busy and winning could be that hard for your?
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Few weeks back I was in an argument with some people saying that they value landed properties than investing in digital currencies, but however, both of them are so much important to invest on, now investing in bitcoin doesn't give you any risk provided that you are holding for a long duration, same thing applicable with landed properties when you hold for long term especially the area that has been developed you would see your landed property appreciating so quickly than that of the digital currencies.
Based on the argument, I have believed that bitcoin investment is much worthy than landed properties, although this depends on the area of the landed that could make it to boost so faster than as we may think of. Undeveloped areas does not appreciates as we think so easily and even if you must sell when the profits might added it wouldn't the same as someone who invested on bitcoin because as we know is cyclic and also doubled with the halving has been concluded.
For you reading this post, which of the investment do you think could be better and worthy enough in the next 5 years?
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Yes this question came to the right section which I believe should be the right section posted here.. Like the title has already questioned above. I want to know if you have involved yourself with person to person betting methods, I mean person to person where you would deposit any amount to gamble between but they have someone who is functioning as either third party, or middle man. When you indulged your with person 2 person gambling method, how were you able to collect your winning, was it straight or not.
The reason why I came up this little discussion I have been thinking for moment about p2p personal bet, if you win did that person surrender entirely or such person do not care to give you money you l won on the process.
I involved in gambling with someone few weeks ago about election who would emerge on the primary election and it happens the was I made analysis on, and now I was denied the amount won,according to how i involved myself on p2p betting. Today I asked the person to pay and he disagree. I was actually want to involved more people who could help to settle the whole case on the ground.
At same time this triggered my interest to share same thing with the community if you have successfully collected a decent amount from you the next person whom you gambled with or not?
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This has been ringing a bell over the time and I didn't know how this could be possible if price of BTC gets to $1m dollars as people keeps projecting, it is actually very good to be positive in the aspect of price moving higher but, I want to know because there are some platforms that sets minimal amounts sometimes should be able to deposit and withdrawal from any platforms, don't you think it could be restrictive for those who are that seeming to transfer around 10$ payment on what they either purchased at the mall or supper store.
At this moment don't you think whenever the price increases so higher people might not be that able to make use of Bitcoin because the value on sat would be hard. Let me say; a platform that has 0.00001BTC as the minimum amount you could be expecting to withdraw or transfer but you notice that the value of that amount is higher than compared to when BTC was around 50k won't that cause people to start converting to other coin before they could transfer.
Now, do you think the gambling site or trading platform will reduced their minimal amount to be withdrawn or deposited from the site?
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I don't know if casino deliberately allow first timers to make winning from their site just to make them have much interest to continue gambling, and immediately you win as the first timer you would see that your interest will increase to continue gambling without knowing that the casino just used that to lure you dipper into gambling. I believe that casinos mostly does that to attract more people on their site. Although not all gamblers that usually have that first time luck to make winning.
What do you think?
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I was actually ashamed of myself when I was discussing with someone about gambling and the next person behind us wasn't a gambler and he picked the talk that " we are just wasting our money to the gambling site that they knows what they are doing". He adds more; that gambling are for the hopeless people that whenever they have seek for jobs and if they don't have any they would turned back their hands to try gambling if that would favor them or likely change their entire life story and history that he doesn't like associating with those who gambles that they could go to any lengths for them to gamble.
At first, I didn't see it as something so meaningful or important to me but what just triggered me is that this could be the way lot of people are classifying those who gambles, and to be sincere if such person had any chance of recommending people to work when he noticed you are a gambler that he wouldn't care about the person anymore as such person could used the organization money or company money to gamble with the hope of replacing back before company could take records of what happened.
What would you do to such person? Unfriend him or distance him because he doesn't follow the same way with you or you would totally ignore him because he doesn't have experience and doesn't know what Gambling is all about? Share your thoughts and opinions.
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From what I have observed or been noticing about bookies. Do you think they do have professionals who gambles and gives them analysis on every match that is to play or featured on their gambling site.
Next, do you also think that is those people that gives them the out before they allocates odds to teams that are playing on that week, and they would use such statistics to analyze odds and distribute them to club that are to play.
Lastly; Do you also think that they go book those games on other gambling site? Do you also think that they should be restricted from Gambling casinos operator shouldn't bet or other gambling site because they could exploit the site with reason that they are casino owners which should be restricted because they could use the advantage of them knowing how everything works to scam others? Just as they ban players not to gamble.
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I was having a conversation with a friend of mine who doesn't happen to like using online casinos due to how he would be able to control himself gambling, he said he stopped using online casinos as it's too tempting to gamble, especially you can fund your account at any given point without any restrictions and this makes him to keep making deposit to gambling site and at last he would end up spending all his money gambling. From his experience he said never to use online casinos instead he would go to a physical gambling shops to Make his bet and after which he wouldn't mind going home. Then I asked him, if you placed a bet how do you manages your cash out?
He said he doesn't care if he lose or not that he is only interested in total winning and not a cashout. In fact, I was shocked to see that he wouldn't care about his Cash out instead just strictly on the total winning. This led me to come raise this topic to know about those who uses physical betting site how do they manage their cash out if at all there is an option to cash out on their bet?
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This is what that is affecting almost+50% percentage of those who are gambling. They only cared about what they are about to win without either carefully study the rules of the game as we know. This also applicable to those who gambles on sports betting. They thought gambling is just only about luck or being lucky and I must say gambling comprise of all of this to give you a productive and a reasonable result whenever you gamble.
Perhaps, as people may say it! Gambling not only by adhering to rules and sets of instructions but that is what constitutes to gambling, for you to to always be at the winning side you must first learn the necessary things that involve with the game you are playing be it casino games. Your opinion is need based on this subject matter. Please, if similar topic has raised towards this I wouldn't mind having this paused in order to continue our discussion over there.
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I have been thinking if it is only war that is trying to control the market, already as we know the market is already bear run but it mostly happened or do I say it is a coincidence that whenever we have Bear market there is always an incident like a negative news that keeps reflecting to the market whereby the dip would be severe and as i know from research there is always an occurrence, it could be exchange hack, war or anything that goes in line with the bear market that keep making people to believe that it was that occurrence that has insignificant loses in the market.
Do, you think without the war we could have experience a higher changes on the entire cryptocurrency market? Let just share our thoughts and feelings and also reflect back to the past previous bear market.
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I want to know the hinderance in gambling so that it would help others learn more better maybe if this could enable them to learn more better so that when gambling they wouldn't be in any means trying to be hindered while gambling and that is why many people do not know there right and left while gambling, and of a true when you understand things that hinds you while gambling it would make you to stand firmly and never to repeat such silly mistake they could hinders you will gambling.
I know that many people won't accept the truth regarding to gambling, but if that is identify on time then there is no need for them to get addicted while gambling as they could be maintaining within their capacity to gambling on their limits without exceedingly going much higher with what they would to stake to gamble. This may be sports betting or casino games, whenever you truly discovers it on time it would allow you to make a readjustment when gambling next. Thus, it is obvious that many people neglects this aspect of gambling and go dip using a fund that is extremely too large for them to let go while gambling.
So far, I would want us to outline the major hinderances to gambling so that it would enable those who are gambling to know their stance and avoid when due than to be entirely being ignorance of what they should know on time before it get worsted. At this point i wouldn't mind every one of us here to tell me the hinderance in gambling so that others who are coming onboard the gambling industry should be able to know that things are not the same way they could be viewing from a far or off from the gambling industry.
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I usually understand that consistency is something that build people up on whatever they are doing, same language I do hear while gambling that they should be consistent in what they are doing. What if you are that consistent trading and for long you aren't seeing the results you should be having after being consistent for long time, would you directly or indirectly change your focus while trading to something else? Does this also applicable to gambling, or it works only in trading to be a consistent trade brings more results?
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