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1  Economy / Trading Discussion / Re: Should trading be for the rich? on: Today at 06:40:32 AM
Some think about that since they easily got discourage on small profits they get from small capitals they trade. They want to earn fast cash that's why they though about this is only for those who have huge capital to earn big.

They forgot to realize that if they are just consistent on trading and to learn a lot of things that can help them on their trade for there are probabilities that the small amount they use will became huge especially if they have good learnings and good decision making towards the coins they are trading. Somehow its really hard to gain from trading since everything is unpredictable there, But if they are consistent and willing to learn from multiple sources then maybe the result will came different and the small amount they use will became more bigger due to the learnings they get about trading.
I prefer small income but I get it consistently, rather than getting big profits but we only get it occasionally and we get more losses. As long as we are consistent, we can have greater capital later, because we can accumulate the profits we get over time.

There is no guarantee that by bringing large capital we can get big profits, because when we experience losses, the losses we will incur will be greater than if we brought small capital.

What's difficult is being consistent, because we can't just get consistency. We have to learn more to make the trades we make run well and also generate consistent profits.
To be able to get a consistent income from trading is not easy, of course we have to have good experience and skills in the field of trading and if someone can get a consistent income from trading of course that is very good because it takes a long time for us. to be able to understand trading so that you can generate consistent profits.

You are right, the capital we use in trading and the profits we will get from trading will certainly be different, if we use small capital of course the profits we will get will also be small but with large capital we will get big profits but we We must be able to properly understand the risks we will face if we don't want to lose the money we use for trading.
2  Economy / Gambling discussion / Re: If we lose in gambling, what do we need to do? on: Today at 06:19:15 AM
If we lose in gambling, what do we need to do? the best answer for this question is face it you lose and you cant turn back time so what you gonna do. Face it is the best option at this point and you might regret it but time is marches on frennnn.

and other thing you can do is : Assess Your Situation: Take a step back and honestly assess your gambling behavior and its impact on your life, Set Limits in the next round, and lastly Take a Break: Consider taking a break from gambling to give yourself time to reflect and regain control.
Of course, when we experience defeat at gambling, we must be able to accept it and also be able to take responsibility for what we do. Don't blame anyone for the loss we experience for whatever reason, it is very stupid if gamblers who experience defeat continue to blame other people for their defeat. they got it.

I agree with you, of course we must be able to analyze the gambling we do whether we make mistakes or we must first reduce the gambling activities we do and do things that can make us forget about the defeats we experience. After that we can go back to trying to gamble. and keep doing it in a controlled manner so as not to experience continuous defeat again.
3  Economy / Gambling discussion / Re: Rich or poor gambler, who should risk more? on: Today at 06:00:34 AM
I think I would say, since in the world there are less rich people than poor, then poor people take larger amount of risk, but rich people risk with higher amounts, and both of classes risk identically, since odds are the same. I think it is wrong to think that rich risk more, because when a person gets large amount of money, he spends them unwise only in the beginning, and later try to save and multiply money. Dont think that rich person even risk with a large bet.
When someone gambles, of course they will be faced with risks and they have to take these risks if they want to be able to win the bets they play and in this case I think someone who takes risks in gambling does not depend on the wealth they have or are poor, because everyone does not have the same way of taking risks, if someone can understand well the risks they will face of course they will make the right decision whether they need to take risks or not and if they cannot understand well of course they never will. think about anything and continue betting according to their wishes and it is very likely that they will lose the bet they play.

When someone bets a large amount of course they want a bigger win and this is very impossible for those who have a small bet and for rich people it is very possible for them to do this, but if they cannot control themselves when betting of course this will be very detrimental to themselves.
4  Economy / Gambling discussion / Re: Do you care about what people say about you gambling? on: Today at 05:38:39 AM
I agree, besides the money you are using in gambling is your own money. The fact that it is your own money, it only means that other people doesn't have the right to think or say/dictate anything about your hobby. Letting them to think whatever they want and didn't give any interest on their opinion is good, we don't need to stress ourselves with other peoples opinion, what we should think is how we become comfortable with our hobbies.
If we gamble with the money we have ourselves, of course we don't need to think about what other people say about the things we do and we have the right to use the money we have according to our own wishes, but we have to keep doing it in a controlled manner and don't let it happen. puts us in financial trouble and we have to be responsible for what we do, but if they continue to dictate what we do, of course we can avoid this person, it would be better because this makes us uncomfortable and the most important thing is that we do this wisely. do not disturb other people and we can be responsible for the things we do.
5  Economy / Gambling discussion / Re: You can not win if you do not risk on: Today at 05:17:44 AM
If you keep money in your pocket and think that you will get profit from that money, it is certainly nothing but stupidity. Not just having money in your pocket but you have to gamble with that money. When betting on gambling there are definitely two types of possibilities one is profit and the other is loss. Every job has risks and only those who can accept these risks can reap the profits. It is not possible to think of getting profit without placing bets in gambling because in this case only taking risk will be possible to get profit.
Saving money of course will not be able to produce any profit of course we have to spend the money so we can use it for gambling or anything else that can double the money we have, it's true that when we use money to gamble of course there are two possibilities and This really depends on the game we play and we have to understand the risks we face in the games we play. If we can play well and make good decisions in gambling, of course we will be able to get satisfactory results from the bets we make. play and it is true that it is impossible for us to get results from the money we have if we don't do anything with the money.
6  Economy / Gambling discussion / Re: As a gambler do you have a potential winning amount limit? on: Today at 04:13:05 AM
~snip~
The problem with most gamblers is that they only place importance or emphasize more on the importance of walking away when in a losing streak, yet do not realise that it's also very important to know when to walk away even while on a winning spree.

Many people lose continuously not because they don't usually win in the casino, but because they don't know how and when to walk away with their win, instead they allow greed set in and make them lose both their winnings and their capitals.
When a gambler can avoid gambling when experiencing a losing streak, of course this will be able to limit the money they use for gambling and this is very important for every gambler to be able to do, because if they continue to force themselves to gamble after experiencing a losing streak of course they will will spend more of their money on gambling so this will be very detrimental to themselves, to be able to stop when you have won is also not easy if we cannot control ourselves when we are gambling and I think this must be able to be done if we want to enjoy it because If greed occurs when gambling, of course it will be very difficult to stop gambling when they have won in the hope of getting an even bigger win and only realizing it when they lose all their winnings and only then regret it.
7  Economy / Gambling discussion / Re: Which device do you prefer for gambling ? on: Today at 03:44:29 AM
I am seeing that Desktop is leading and I think it’s not supposed to be because Mobile phones are really used more. This is because there are apps built for easy access. I am curious how so many people use desktop. Or probably it is centered on what kind of game it is because certain games may be better with a bigger view.
I myself like to gamble on the desktop because with a wide screen display it will certainly be fun when gambling and however this is not possible if the environment where we live does not like people who gamble so we have to look for a special place to be able to gamble on Deksto, gambling using a cellphone will of course make it easier for us to access gambling anywhere and other people will not be able to find out if they don't see directly what we are doing with our cellphone.
8  Economy / Gambling discussion / Re: Do you think gambling every day is better? on: Today at 03:17:56 AM
Gambling everyday only means two things, it's either you consider gambling as a source of livelihood or you're walking your way to addiction ( that's if you're not already an addict).
I can tell you that you can be gambling everyday and never be addicted, most of the addicted gamblers are not those that gambles everyday, but those whose gambling lifestyle is without a pattern or bearing, they can uses anyone's money with them to gamble even it it takes a long time to grab such, they can leave things undone all because they wanted to gamble, they don't even care to plan about their own future than to see themselves gambling at anytime, addiction is not by daily gambling habits, but in what we do that makes others get disappointed in us being a gambler.
I think this is true, but it really depends on the person who gambles, if they don't control themselves, of course that person will very easily become addicted and when they are addicted, of course this will cause them to have financial problems. , when someone has gambled using other people's funds, of course that person has experienced an addiction because they cannot control their desire to gamble, but if they can control their desire to gamble, of course they will not experience an addiction.
9  Bitcoin / Bitcoin Discussion / Re: Why you should only hold Bitcoin on: May 02, 2024, 10:18:12 AM
Before investing you must decide where you want to invest whether you want to invest in bitcoin or you want to invest in altcoin. In my opinion bitcoin is safer to invest than altcoin. I won't say that investing in altcoin is not good, of course you can invest in altcoin if you want, but investing in bitcoin is more profitable than altcoin. Bitcoin investment requires you to acquire enough knowledge about the Bitcoin market. You must check the market and then invest. Bitcoin investment always requires you to have a long-term plan. Many times it is seen that we lose patience in Bitcoin investment. Patience is very important. We should not lose patience. If we invest with patience and plan, surely we can get success through Bitcoin investment.
I think both investments require good knowledge and understanding of these two things and we should not decide to start without understanding and knowledge about these investments, whether investing in Bitcoin or Altcoin both have the risk of losing the money we invest if we don't understand them well. well and investing in Bitcoin requires us to be able to survive for a long period of time so we can get profits on both investments and on Altcoins we can also get profits if we choose the right type of Altcoin that we will invest in, I agree with you that we must be able to be patient with the investments we make so that we don't do it greedily which means we won't be able to get a profit from the investment.
10  Bitcoin / Bitcoin Discussion / Re: No risk no gain on: May 02, 2024, 10:00:18 AM
Nowhere can progress be made without taking risks, usually in real life the more risk you take in business the more profit you face. But when you sit idly by, you will immediately experience lack. Therefore risk taking is necessary to manage yourself properly, usually success is achieved by taking risks in cryptocurrency. Because invest as much as you can afford to lose, and learn to hold for the long term by taking risks. It is possible to improve life only by holding long-term in Bitcoin.
It is true that without taking risks, of course we will never be able to get the results we want, but we must really understand well the thing we are going to take risks on and don't let us take risks not based on good knowledge and understanding of something. you are right, without us doing anything, of course we will not be able to get any results, but by deciding to take risks, of course we will be able to find out the extent of our understanding in that field so that if we fail, we will be able to learn and correct it so you don't repeat the same mistake when you try it again.
If we decide to invest in crypto, of course we must understand this and don't make mistakes that cause us to lose the money we have in the investment.
11  Economy / Speculation / Re: You have a better chance with Bitcoin now than the next minute! on: May 02, 2024, 09:39:11 AM
I won't feel sad about it, rather I will feel annoyed. Not sure if they are lazy, dumb, or what.. but they deserved what is happening at them. There is no one to be blamed here for the hardships that they experienced about their life but only their selves. Even though they heard and know BTC too, I won't say that we have the same knowledge as them because if they do, then they will also invest in BTC. The word ' knowledge ' is too vast you know.

I think there are still people who are like that which are annoyed already about their ignorance and they say to themselves that they will not repeat the same mistakes again. This is also the reason on why DCA buying method was born.
For some people who understand Bitcoin but don't invest, of course they have missed the opportunity to make a profit from investing in Bitcoin and this is their own choice and we don't need to blame them, but if they decide to invest of course they will can achieve their current financial stability and those who do not take this opportunity will certainly regret having missed the opportunity they have.
Using the DCA method will certainly make it easier for us to invest in Bitcoin because we can buy according to our capabilities and most importantly we must be able to do it regularly in order to achieve our investment targets.
12  Economy / Economics / Re: What scares me from investing in gold. on: May 02, 2024, 09:20:13 AM
Exactly, people just need to understand how to invest and they are so short sighted that they don't understand how to invest and how to make it valuable. I usually don't prefer buying physical gold because I have to keep it secure and sometimes greedy shops charge higher commission/wastage fee if you want to sell it. I rather prefer gold bonds which is like online gold and we can sell them off anytime at the market price and there are so many plans which offers you to invest in gold and they will keep it secure instead of buying physical gold.
That's right, of course everyone must be able to understand well the investments they make because without properly understanding the investments they make, of course they will be very unlikely to make a profit from the investments they make, what you do very well will indeed be very easy. to invest in gold online so we don't need to think about a safe storage place and it seems much easier to sell it, but we have to really understand it well so that we don't make mistakes in making purchases that result in losses.
13  Economy / Economics / Re: Surviving in this economy needs a new minds set on: May 02, 2024, 09:02:14 AM
A better mindset would have to be functional following a good plan, else, it's just a wishful thinking.
For investments in Bitcoin, when one has a source of income and can occasionally set aside some funds to follow a plan, the mindset of such an investor would have been reprogrammed to better produce results that fit the plan and ideal goal in mind.
Another thing also is that mindset shift can be a result of affirmations that can influence ones energy and thus manifest results in the direction one tends for it happen.
By having a good mindset, of course it will be very good in making good plans because without a good mindset, of course it will be impossible to have a good plan. It is true that to be able to invest, of course you have to have a source of income that you can get. savings so that we can invest because without a source of income it will be very impossible to be able to invest because of course they have to think about their own needs first, so it is important for everyone who has the desire to invest that they have to have a good mindset so they can develop themselves in a better direction than before.
14  Economy / Gambling discussion / Re: When you are not to gamble. on: May 01, 2024, 11:58:41 PM
With the increase in alcohol consumers, companies that produce alcohol seem to have increased alcohol production, and many young people are easily seen consuming alcohol while smoking and while playing in casinos, most people who consume alcohol even justify themselves with arguments people who are consuming alcohol to relax while they are playing, but I wonder how a person who is consuming alcohol will stay focused on the game?

Maybe the casinos keep offering alcohol because they know that this means customers won't be able to concentrate on the game and since gambling shouldn't be seen as a source of income, so when the casinos give alcohol and the person loses at the game, it's not the casino's fault. , it's the person's fault and there's also no problem with the person losing because the games should be seen as just fun, that's the thinking of the owner of the physical casino. and unfortunately the majority of young people nowadays are alcohol dependent people
For some people who consume alcohol, of course this will benefit the alcohol production company and also the casino and I agree with what you say, if someone consumes excessively, it will certainly be very difficult to concentrate which will make them lose the bets they play and The casinos cannot be blamed for this because they themselves choose to consume it and for those who are very dependent on alcohol, of course they consider this to be normal if they still consume it in moderation.
15  Economy / Gambling discussion / Re: Your favorite to lose slot game on: May 01, 2024, 11:41:54 PM
I know most of us are gambling not because we consider loosing as something of much concerned to us but because we are having fun with he way we gamble, so obviously most of us wouldn't want to have a specific game in which we know for lose despite we often lose whenever we are gambling than we win, on slot, you can win or lose any game, knowing well fully that it's a game of luck, irrespective of how you may avoid losing, you can still see the final result being the same as usual, and when you expect lose, then you see winning coming.
When we can have fun with the games we play, of course it will be very good, but it is very difficult to have fun if we can't control ourselves when gambling and only regret it when the funds we used for gambling have run out, it's true. in slot gambling it will be very difficult to win and only luck can win us in this type of gambling and I think it would be better when we play slot gambling, we don't force ourselves to bet and don't play greedily so we can win in this type of gambling. This is because if we are greedy in this type of gambling then we will miss out on the winnings we have won and only realize it when the winnings we have finished are finished.
16  Economy / Gambling discussion / Re: Would you cashout or wait for the game to conclude? on: May 01, 2024, 11:27:42 PM
I prefer you cash out if you have gotten 80% of your winnings, on the ground that the game is not going to favour you especially while sport betting. But holding till the game is over is the best, this shows you are ready and   also sure about your analysis so no need to worry about the game, you just have to relax, and accept the outcome whatsoever, most at times cashing out early leads to regret when the game later play out.
Choosing to cash out after getting 80% of winnings is certainly good, but we can still survive if the analysis we make is very sure that we will be able to win after the game is finished, but if this is in a slot game, I think it would be better if we choosing to be able to cash in on the winnings that have been given to us compared to choosing to continue playing a game that we may not be able to win and we also have to be able to enjoy the game.
17  Economy / Gambling discussion / Re: Is Gambling A Hobby? on: April 30, 2024, 11:59:09 PM
Most people hide addiction behind their losing to the game and how they case their losses if not how on earth will someone be their right senses be classified losing to gambling as fun. I know even if someone is not gambling for the money, losing gives always to gambling, which always affects the person's emotions, which they can't call fun, just as winning adds to the fun of the game, even if you can argue that winning is just about the profit, but to some point it is also fun to see that you can predict a game and win the casino to their own settings.
It is true that those who are addicted to gambling will of course continue to gamble even though they have experienced many losses and it is not easy to accept defeat and enjoy the game they are playing, but there are those who can accept losing their bets as fun and they They think this is part of the game and will not make them emotional, some people who experience defeat will indeed be emotional because they have lost the money they have, but if they don't gamble for money, they will certainly be able to easily control their emotions when they lose on a bet. which he played.
18  Economy / Gambling discussion / Re: An interesting story and experience of a gambler on: April 30, 2024, 11:44:15 PM
That's what will happen when you can't control your lust and greed - you'll gamble irresponsibly and you'll buy things you don't really need in the first place. Many gamblers are like this, where they are blinded by their momentary winnings, and use the money on consumer things that they don't need, but because they are blind and don't have long-term thinking, in the end they just use the money as they please and don't think that the money will run out, because the most important thing is how they can satisfy their lust. That is a completely irresponsible person and such people usually will not learn from their experiences.
Of course, greed in gambling will be very detrimental to ourselves as a result of greed in gambling and we will also spend a lot of money that we use for gambling, even when we have won the bet, we continue to bet on what we are playing so that we lose and lose all the winnings. that we have got, when gamblers cannot use the money from their winnings properly of course they will really regret it when the money they get from gambling has run out and it will be very rare for those who gamble to be able to manage the winnings they have gotten and more Many of them continue to use their winnings to have fun.
19  Economy / Gambling discussion / Re: Do you gamble because you don't have sufficient money? on: April 30, 2024, 11:29:12 PM
Most rich people are into gambling not mainly to earn money but for other reasons. Hence, they don't have the desire to gamble all the time. They usually select what game or sports they will venture into. In most cases, the sports they are passionate about. But for most gamblers in the middle class or poor, as long as they see good opportunity, they will bet on it.

But for those people who gamble just because they want to earn money, gambling will be detrimental to their small money left.
When someone who already has a lot of money gambles of course they don't think about the money they can win from the bets they play, because they already have a lot of money to be able to meet their needs and I agree with you they won't spend a lot of money gambling so They will very rarely experience addiction because they only use their free time to gamble and they will spend more time with their work.

That's right, indeed some gamblers who have a little money will of course hope to win from the gambling they play so they will continue to bet and quite a few of them experience addiction from the gambling they play, but if they can manage the gambling they play, of course they will not spend much of their money on gambling.
20  Economy / Speculation / Re: Buy the DIP, and HODL! on: April 27, 2024, 11:58:19 PM
Since emergency funds are necessary for bitcoin investment, it is not wrong if I talk about it even though it has been discussed before because this thread is like a classroom where we learn how to invest in bitcoin and hold it for the long term. New members keep joining this thread to gain a clear understanding of how they can start a perfect bitcoin investment without getting burned. If we stop discussing emergency funds, I think those new members who have joined this thread will not know what to put in place before they can start investing in Bitcoin. Guiding a newbie who wants to invest in bitcoin to have emergency funds before he or she can start is important.
Having an emergency fund is very important to be able to carry out investments well, because without an emergency fund that we have then when financial problems occur in carrying out investments of course we have to sell the assets that we have and do not have funds that we can use for our needs. have and we have not achieved the investment target we have made so there is no profit that we can get from the investment we have made.

I agree with you, of course it is important for everyone who has just started investing, they must be able to understand this in order to be able to invest well, because without understanding this of course it will be difficult to be able to hold on for a long period of time because We will never know for sure when we will need these funds and it would be better if we were prepared before deciding to invest.
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