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1  Local / Pilipinas / Re: May politician kaya na pro Bitcoin or may crypto investments? on: October 01, 2023, 08:25:28 PM
Tingin ko naman marami rin sigurong politician ang nag trade o investor pag dating sa crypto currency, hindi lang talaga siwalat o ipinaaalam kagaya nating mga normal lang na mamamayan, hindi natin kailangan ipaalam sa lahat na involve ka sa crypto, marahil malaki lang talaga ang impact kung mag gagaling yun sa isang politician. Tungkol kay Pacquiao naging involve lang naman sya pansamantala pero hindi na nag deep dive pa, bakit? Sa yaman ni Pacquiao tingin ko hindi na sya magiging interisado pang mag aral o alamin ng malalim yung tungkol sa crypto, dahil hindi rin naman basta basta ang crypto kahit gustohin pa ng kahit sino na mag involve pero hindi sya ganun kadali. Ang alam kong maraming involve sa crypto is yung mga sikat na artista.
Malabong mangyari yang sinasabi mo, ang mga politician at hindi mag aaksaya ng pera nila para mag trade o mag invest. Ang mga politiko ay mga segurista at puro pagpapayaman ang nasa isip. Kaya malabong pasukin nila ang crypto at gawin yang pag trade o pag invest. Siguro ang investment nila ay yung patuloy na umaangat gaya ng real estate at gold. Pero sa crypto, mukhang napakalabo.

Hindi malabo yan dahil alam naman natin na ang mga politiko ay may mga lihim na investments, tulad nga ng sabi mo ang focus nila ay magpayaman at hindi rin naman lingid sa kaalaman nila na profitable and crypto pero hindi lang nila ito inilalabas sa public dahil maaring magkaroon ng conflict or misconception sa maraming Pilipino.
Tulad ng maraming kilalang personalidad na involve sa crypto investment, hindi rin naman siguro pahuhuli ang mga politicians jan. Wala rin naman silang enough reason para ipublic ang personal investments nila. Malamang marami ring pulitiko ang gumaya or sabihin na nating nainspire kay Manny at kilala natin ang mga iyan, hindi yan sila magpapahuli kung saan may profitable opportunity.
2  Economy / Economics / Re: How can we improve our country's economy by on culture or ecosystem? on: October 01, 2023, 07:45:49 PM
The countries never teaches us to save money in any way,we should take responsibility to save the money.From our bad times,we should understand the value of the money.After learning more about the savings,you can start to save a minimum amount of 10 dollars every month from your salary.When you adapt to saving increase the saving from 10 dollars to one percentage of your income.So you may increase the savings to 100 dollars,if your salary is like 10k dollars.So finally you will have huge money in your wallet at the emergency time.
Actually they do, I think most of the countries taught their student on how to save money but then it is not properly executed. Here in my country they teach basic accounting even though you are not really into business course but it is just that because it is not really connected to the course you are taking with , some professors will not teach it properly and likewise student will not study it entirely

Some accounting subjects are just being taught because it's part of the education curriculum but to be honest, students aren't really adapting it because yes, educators aren't emphasizing everything unless it will be the main course of a student. That's why nowadays, there are paid courses of financial management is everywhere.
We can't really rely everything at our educators because most learnings about financial management is we could only get from our experiences. It requires eagerness, self control and self discipline to implement it personally.
3  Economy / Economics / Re: What would you do in this situation? Invest or save? on: October 01, 2023, 07:17:36 PM
If you have plans to start a dream business that requires a capital of  $20,000 and you were able to make a savings of $15,000 which obviously isn't enough to start up the business, what would be your decision or advice?

1. Invest the $15,000 into a smaller business hoping that the returns will yield the remaining $15,000 in a short period. Note that this has the potential of failing and wasting the already-saved  $15,000.

2. Keep the $15,000 while doing other work that will yield the remaining money over a long period.

I will go with the second option, I will keep the money first and not risk it in some business or something that you don't have total control of. You have taken steps already to save enough money for you business, so why not just wait for a couple of months hard work?

For sure once your got to that $20,000 and start your own business, it's going to be worth the wait and all the hardship that you have done. And at least everything is up to you, on your shoulder on how you will become a successful businessman.

It's better to be sure than rush things out without any assurance. There will still be enough time to save up to have enough funds for a certain business. It would be better to be well-ready financially before you put up a business. You can still grind harder and earn better to reach such an amount.
You don't need to hurry and while saving, think of the best strategic plan so your business would be successful in the future. There's no need to rush if as long as you are working hard to make money and savings.
4  Economy / Gambling discussion / Re: Reckless gambling starts after a win round. on: October 01, 2023, 05:37:46 PM
     -  This is my experience when I first gambled here in crypto gambling. I deposited around 20$ because this is the minimum deposit amount in the casino. When my balance was only 2.5$, I was a bit hopeless there, as in, I no longer expected to win anymore. I accepted that my 20$ was lost. All of a sudden, my bet hit in a slot game where my bet was 0.2$. I won around 52$. Of course, it was my first time. I feel like I was really lucky that day.

But that's how I feel: what I win in gambling will make me lose. There's that feeling like I'm shivering, annoyed because I always lose. Until I noticed that what I won was gone and it was 20 dollars again, there was the feeling that I regretted and regretted that I should have stopped, but because I was greedy in those times, so the result was like that, I lost in the end.
Stories like that are very common and I agree with the OP on their theory, if a person only lost money when they gambled then it would be very difficult to get addicted to an activity that was always punishing them in such a relentless manner, however if you happen to win then you will begin to chase those profits and that feeling, and while there is nothing wrong to do this with moderation, this could eventually lead a person to develop a gambling addiction if they cannot control themselves.

This usually happens and most of us have this kind of experience. We tend to feel lucky once we hit a good profit even if we experienced losing high amounts already. The common mistake is that we change our hopes and perceptions once we experience winning and we begin to disregard the risks believing that we could always win high amounts of profit.
Our winnings sometimes lead us to greed wherein we hope for a higher profit after winning a good amount. Proper control of our emotions is necessary especially if we recover from our losses. We should secure our profit than betting all of our funds again.
5  Economy / Gambling discussion / Re: Ban from a Casino for Nothing Other Than Winning Too Much Money on: September 30, 2023, 09:02:49 PM
A casino is free to ban whoever they want for whatever reason they want. I wouldn’t hold it against them if they decided that a single player was getting them bad in the pocketbook and decided as a result to no longer let them play. Whether it’s the result of their play style or a lucky streak, every run has to come to an end for some reason.

They have the very right to ban players if they find their activities suspicious. It can be suspicious if the player has been winning consistently for some reason. They can create their own ground for doing it which we can't do anything about. The only down side of this is that it could affect their reputation negatively especially if the players they were banning will file a complaint against them if they aren't really violating their TOS.
There are lots of situations like this wherein winning consistently is what they set as grounds for banning which I think is unjustifiable especially if no rules have been violated.
6  Economy / Gambling discussion / Re: Violence and anger could be a sign of gambling addiction in youths on: September 30, 2023, 08:17:55 PM

There are many cases of violence in which the perpetrator does not engage in gambling activity. Violence can be relate to the upbringing from being a kid witnessing violence which the kid will grow up thinking violence can be justified if inflicted on someone who he thinks deserves it.

But for a grown-up man, it's more of a money problem that makes him irate with his surroundings. For a man who can't do something to earn, he will really be irate and would seek someone to blame. It's not always a gambling addiction but you will relate it to gambling addiction if the guy loses money and turns violent.

A person can be violent regardless if he's into gambling or not. It can be because of his childhood trauma and past but that shouldn't be a reason enough to fall into gambling addiction or even hurt the people around him.
We can't always blame our past or even our environment because it is our personal choice to do gambling . We can actually manage to control our emotions if we are wise enough to do the right things efficiently. It will always be our personal choice on which path we shall take. We can gamble without violence or without hurting anyone.
7  Economy / Economics / Re: How do you deal with financial stress? on: September 29, 2023, 10:03:29 PM
The COVID19 inception was a very devastating blow to the world as a whole. Many people were taken unawares of the situation and it caused many their jobs, businesses packed up, increase in price of commodities all round. The situation till this moment is terrible. The third world countries are at the end of it all as non of their government could do anything about it. The world is facing a terrible economic inflation which has affected virtually every aspect of the market.

In my country here it is a terrible situation. The economy is something else and price of commodities here is x5 of the initial price. The price of petroleum products is on the high side.  Currency devalued and on a free fall making it very difficult eOne to meet up. Yet government is yet to attend to civil servants working  for them on increasing their salaries.

The cost of accommodation too is very high that getting a house here will take ones effort and just as OP has said that is how it is over here. It is very frustrating and worrisome that things got to this point which would be very difficult for one to comprehend. So what one needs to do at this point in time is to plan, budget and spend moderately to avoid unnecessary waste of resources. With these measures, one can be able to cushion the effect of the economic inflation  and financial stress encountered as a result of the cost of daily living.
Since the pandemic started, I am very anxious with my current salary. The inflation after the pandemic really hit us so hard , the prices went so high now some basic goods has a higher price than usual . Even onions and rice increase a lot , I don't know how can I budget my salary because goods and necessities are getting high but our salary remains so low .

The budget for our basic necessities that is enough for a week could only be spent enough for a day. The inflation really hit us so hard after the pandemic crisis and to be honest, it's stressing most of us. The only thing that we can do is to grind and work harder to earn more. If we only have a single job that isn't enough to sustain a living better look for more opportunities to earn and survive. Life is a survival battle these days and being contented will only make us suffer in poverty.
8  Local / Pilipinas / Re: Meron ba kayong napansin? on: September 29, 2023, 09:31:51 PM
ang DICT ata ibig nyang sabihin na wala namang kayang gawin para isecure mga database. pero ang teorya ay inside job daw. alam naman nating na taggipit rin ngayon baka ngha totoo.

at ang goberno mismo kelangan ng pera para sa kanilang Maharlika Investment Funds. scam in da making itong MIF ni Bongbong. baka ang MIF mismo gustong halukayin ang Philhealth database para ungkatin sino itong mga mapera  sa pinas.
Tingin ko naman hindi siya inside job kasi kung inside job at nanghihingi sila ng ransom, dapat binayaran na nila. Pero ayon naman sa balita, hindi nila binayaran at mukhang doon sila medyo nakalie low sa issue na ito. Parang ilang araw lang, natambakan naman na ng panibagong issue yung nangyari dito sa Philhealth nung Socorro na grupo tapos may hearing pa sa senado. Ang daming issue sa bansa natin pero hindi naman natututukan at nakakalimutan lang ng mga tao. Sa akin, ito yung napansin ko at kapansin pansin naman kapag may mga malalaking halaga na involve parang biglang natatabunan nalang ng mga panibagong issue tapos naiiba yung attention ng publiko.

hindi na pag-uusapan yan sa balita kahit pa mas importante yan.

panay kasi balita dyan sa Panatag Shoal na parang maakikipaggera na ang Pilipinas. si bongbong naniniwala atang tutulungan talaga tayo ng US kung makikipaggera tayo. ang tsismis dyan sa Socorro group is that yan palang bundok ni Sr. Aguila ay gagawing Edca site (US military base) kaya timunbok ni Honrtiveros. paalisin ata sila dyan sa kanilang bundok.



Kung totoo man yun saan kaya nila irerelocate yung members ng Socorro group e nasa 5 thousand mahigit daw ang members nito. Pero mahusay ang gobyerno sa pagtakip ng issues nila kung baga madali nilang palitan ang hot issues dahil nga may live na ngayon ang mga senate hearing sa iba't ibang platforms so madali na lang din ilihis ang atensyon ng mga tao.
If ever man na gagawing US base ang bundok na yun, sana naman ay wag nilang itapon na lang din kung saan ang members ng Soccoro dahil biktima lang din naman ang marami sa kanila. Napakaraming issues ng bansa natin ngayon sa totoo lang pero sana huwag balewalain ang mas malalaki pang issues na dapat nireresolba din ng gobyerno.
9  Economy / Gambling discussion / Re: Casino is a Games of Chance and Entertainment on: September 29, 2023, 09:02:23 PM
The outcome of the majority of casino games is mostly controlled by luck rather than ability. Examples that are often used include craps, roulette, and slot machines. Players wager on numerous outcomes in these games, and the casino has an inherent advantage that ensures they will profit in the long term.
Casino gaming is a popular source of entertainment. Instead of looking at it as a means of making money, players should approach it with the intention of having fun.
We all know that casino games are meant to be enjoyed since it’s a source of entertainment, not a source of earning a living. But people will never settle on that. Most especially with inexperienced gamblers, they’re more than greed to earn like an instant. That’s the reason why most of them lose a lot aside from those who get lucky eventually and make decent amount of profits.

Casino was actually made to be a source of entertainment. It's just that people nowadays have the wrong perception about its importance and value. They see it as a source of income and profit that's why some people are even risking most of what they have because of their false hope. They usually end up chasing their losses resulting to bigger losses.
If we have the right mindset towards gambling, we will see it the right way and won't see it as a source of living. If we will rely our living on it then we are on the wrong path. We should be responsible enough not to see it as a source of huge profit but rather as a source of fun.
10  Economy / Gambling discussion / Re: Risk management and responsible gaming on: September 29, 2023, 08:18:02 PM
The probability is that if you could just deposit whatever you are fine losing, and not deposit again, that would be simple and enough. Not many people do that, that is the only thing that you can do and would end up being the most important thing. Unfortunately this doesn't really seem like the most important thing at the time, but should be very important to notice, because not many people still do it.

If you could just limit your deposits, the risk management comes with that all alone, because you have a certain amount you are allowing yourself to lose, and the worst possible case is you will lose that, which means your risk is managed. I urge everyone to give it a go, try that for at least a few months and you will love it.

Been doing this for a long time when I realized that not putting limits and control could only increase your chances of losing. It is important that we only deposit enough funds that we can only afford to lose. We all know that the possibility of losing in gambling will always exist no matter how careful or strategic we are so we must be emotionally prepared for it.
It might be hard since betting will always be tempting especially if we want to recover our losses but if we will be strict in implementing self-discipline, we won't need too much help from the government when it comes to risk management. It should be our personal action to succeed in our gambling journey.
11  Economy / Gambling discussion / Re: Gambling and it effects on: September 29, 2023, 07:50:01 PM
The words " gamble responsibly" transcends to mean do not regard it as a get rich quick scheme or something that would take you sorrows away. Hey, it's a hobby, pastime which one indulges in just for fun and I really doff my hat to those heavy risk takers who use money set aside for a huge project on gambling and expect that it would yield positive results.
 Gambling has so many side effects but it's sad that people tend to realize this after they may have either lost a lot from it or probably discovered they are slowly getting addicted. Gambling can be healthy if the gambler knows that its a game of chance and you'd definitely lose some and win some or if you know when to stop.

The gambling responsibility was the important word to all the gambler.The reason behind this was most of the gambler start to report the gambling sites after the loss,it was the common phenomenon for now.So it’s widely spreading disclaimer to take responsibility of the money involved in the gambling,the gambler should not blame for the both loss or profit from the gambling.The common one is the gambler will not blame for the winning of gambling site,then why gambler blaming gambling site for the loss.

Being a responsible gambler is a sign of strength since we can handle and control our urges to bet. It is really important that we have the proper mindset towards gambling and we know how to handle its consequences and risks wisely.
We all know that gambling is addictive but if we all know how to take control of our emotions, then we will surely know when to stop and when to continue. Setting a certain amount to gamble would be a wise move to control our gambling activities wisely.
12  Alternate cryptocurrencies / Altcoin Discussion / Re: Should i invest in this project or not on: September 28, 2023, 09:36:21 PM
I'm not going to advise or discourage you because judging from your posts when you made the comment about observing I think you have researched more about the project you said but what you need to understand in this case remains only one that when you are ready to be in a project like this then it is not an investment but a gamble.
I think investing in these types of coins requires more of a skill than luck and we should be more proud of our selves if it was skills are the ones that made us successfully profit because it means we really work hard for it than compared to those who are only relying on their luck. But I know that they are also very glad once they get lucky, knowing that their chances are only slim. 

To be honest, I don't really like the idea of saying something like this is a form of investment because gambling is still considered suitable (my version) because regardless of all the hard work in the search at the end of the day, we'll just be waiting for the pump and hoping that it gets picked up by those who like the same thing (pump and dump schemes) that will make those who are in it profitable.
But on the other hand apart from that I also don't really care because I will just try to remind those beginners who don't really know the scheme that is always the same for shitcoin or meme coin then they will get stuck regardless of whether they do research or not when they can't take advantage of the momentum then the possibility of getting stuck is very high.

The result might depend on our luck when investing in this type of investment but if we will do a deep research, we will have the confidence whether to invest or not on these coins. We could have basis if we will do deep research. We can check the legitimacy of their team as well as the potential of the coin but if we still aren't sure about these things after doing research, we better stick to potential top coins so we'll have a higher assurance of gaining profit.
13  Economy / Economics / Re: You can't meet all your needs/desires at once, even if you spend all your salary on: September 28, 2023, 09:11:17 PM
Please be aware that there are many needs. There are even what are called daily needs such as food, long-term needs and also sudden needs. We need to fulfill all of this and we need to prepare. And indeed, even if we spend the money we earn from working for one month, our needs still cannot be fully met. And indeed, sometimes as you get older, your needs continue to increase. In this case, instead of us being busy doing nonsense so that the government can reduce the price of goods. It would be better if what we do is to continue trying and improving our skills and knowledge so we can earn more money. And it is important for us to sort out the needs that we will fulfill, so that more important needs can take priority and our expenses can also be regular.

I certainly agree, we can meet our basic needs but we can't fulfill everything that we need in life in a short period unless we'll grind and work so hard and be successful to achieve everything. Even if we don't spend too much on our wants, there are still needs that we should fulfill. As our salaries increase, our expenses increase as well. It's never-ending, to be honest, but despite everything, we should never disregard the purpose and importance of investing. We should know how to put value on it even if it takes time for us to gain the profit that we want.
14  Economy / Gambling discussion / Re: Sometimes just flex it ( luck is all you need) on: September 28, 2023, 08:45:46 PM
Congrats mate, if you will just have bet huge amount of money, the returns will be big. However, it might be a totally different outcome who knows. Same for me though, when I used small bets with great odds, most of the time it will hit. But me thinking if I made a significant bet.
it has become a natural thing and a few days ago I had an experience like this when I bet on multi bets under $10 I always won but when I felt confident betting more than $10 I actually lost and maybe this is what is called lucky or unlucky

I fully support the OP when betting using multi bets at any odds, it would be better to always use small amounts and dont expect to win but always bet casually it will be better.

Been experiencing the same thing for weeks. Every time I bet with small amount, I have good results but when I bet with huge amounts believing that I would have to win streaks, I always have losses which made me decide to stick to sma bets but I admire the strategy of Op. Huge risks come with huge profits as well but it all depends on how we deal with the risks. Just be mindful to bet only the amount that you can afford to lose and not to go all in if you aren't sure of your moves.
15  Economy / Gambling discussion / Re: Gambling Education. on: September 28, 2023, 08:29:07 PM
~~

Instead of outrightly banning gambling, how about if the concerned countries officially include gambling education in their academic syllabus, just like sex education is taught in schools. Gambling education will teach the young ones the dangers of gambling and promote moderation in gambling. Will this not be a better way to handle the gambling cases?

This is interesting, but what is the urgency of gambling education for society or in schools? All students are initially taught ethics and norms apart from reading and so on, this education is enough for their basics. BTW, I'm talking about education in my country. Regarding gambling, it is the same as other types of fun. Even though it is prohibited by the country, some people, groups, communities will try to get around it, including against the law, even as you said.

Believe me, we live in a world that is regulated by the laws and regulations that apply in each of our countries. However, the fact is that not everyone will comply. especially, those related to something pleasant. something that is enjoyable for someone, it is difficult to stop immediately. for example, children are now very familiar with the types of games on their gadgets. Almost all urban children must have played a game of any kind.

Well, now we're talking about gambling. Gambling is a type of instant entertainment that contains risks. gambling, offering simple, easy and fun games. now, gambling has become legal in several countries even though there are certain regulations that differentiate it. and IMO, gambling education is more effective through a family and persuasive approach.

Gambling is everywhere and we can't ask the younger generation just to avoid it because it's everywhere nowadays. It is better if gambling reminders will be implemented in schools and the government were strict in implementing gambling restrictions. That's the importance of KYC these days so minors can't gamble though we all know that there are also tricky youth who know how to fake KYCs.
It is important that as early as possible, the younger generation would know how to get rid of gambling especially if they couldn't deal with its risk. We should remind them that it isn't for everyone and that a person can only gamble if he or she is financially and emotionally capable of doing it.
16  Economy / Gambling discussion / Re: Youth Gambling on: September 28, 2023, 07:47:50 PM
We cannot change technological advances which make it easier for the younger generation to gamble and also make more and more gamblers and addicts, they are just curious or just joining in.
And they must know the consequences that will occur if they get involved in gambling and their mistakes in not anticipating the risks they will face, and also realize if they have gone too far and try to control it.
And the younger generation likes to make money in a short time and doesn't want to work harder so gambling is the right income option for them so they forget to think about the negative side because there is a big possibility of losing money. And gambling is just a platform and users should think clearly and also know the consequences before doing it.

Gambling temptations nowadays exist everywhere and we have no choice but to deal with all of it. The younger generation can't escape from it but as parents, we can still do something to guide and remind our children about the risks of gambling.
It's hard to avoid nowadays but if they're aware and knowledgeable about it, they would know if it's appropriate for them to gamble or not. We should enlighten the younger generation about the possible effects of too much gambling so they can be careful of their actions.
17  Economy / Gambling discussion / Re: Have you seen gambling advertisements on TV? Opinion. on: September 27, 2023, 08:31:21 PM
You can't lie to them forever, sooner or later they will realize that those ads are related to gambling and they'll conduct their own research to find out. I think the best way is to make sure that you don't watch channels that shows these types of ads when your children are present.

For example, just as you would avoid watching +18 channels on TV when your kids are around you should do the same with channels that advertise gambling regularly.

Gambling advertisements also exist even in kids show in Youtube. They appear without our control and most of them are indian ads. Honestly, we can't stop these ads but what we can do is just to remind our kids about the risks of gambling if they have the enough understanding to adapt our explanation. It is our responsibility to guide them and monitor their online activities. I have enlighten my kids about these gambling ads and they're just ignoring and skipping them from time to time.
18  Economy / Gambling discussion / Re: Is gambling all about luck? on: September 27, 2023, 07:25:09 PM
I think gambling really relies on luck. we will never know how the algorithm works. even if it knows. Until now no one has been able to solve the gambling pattern. but some say it can be set by the bookie. I don't understand but I believe gambling relies on luck. even when it comes to algorithms. perhaps we can benefit if we understand this problem.

In fact, we can never formulate how to get lucky. as far as I understand and experience, luck will not always come every time, even every time we have a gambling session. Moreover, getting the jackpot comes from luck. All of this comes unexpectedly, even unknown. So, luck is a factor that is always involved in anything, including gambling.

Referring to what you said, I think gambling, especially luck-based games, for example slots, have been designed in a certain way by developers or third parties, as well as live casino betting and even sports. everything, has been arranged and adjusted.
and IMO, that's how gambling works.  So the point is, we can't ignore luck. you even know, life is also luck.

Well, that doesn't mean we will always hope and just rely on luck. there are certain variables, which can bring luck that we don't even expect. In slot games, there are several options that we can do when playing them. there are automatic spins, fast spins, and so on. We can use these variations and even combine them to get something like what we expect. If we're lucky, the free spins we get can give us a good shot. In sports, especially football, there are mechanisms we can use to reduce or minimize losses. and that was done, to get victory. the rest, let luck decide.

We can apply such strategies, especially the one that we know is effective in our journey but there's no guarantee that it could provide us the profit that we want as the result will always be unpredictable despite the techniques that we may apply.
Sometimes, the result still relies on our luck but we can make the game flow better if we'll analyze each pattern and be wise in applying strategies. Gambling is tricky but if we know how to deal with them, we could be victorious.
19  Economy / Gambling discussion / Re: Credit card gambling fuels gambling addiction on: September 27, 2023, 05:48:31 PM
Other countries have probably already banned it, with the latest being Australia.

Australia publishes legislation to enact credit card gambling ban

For me, it's not the credit card system that should be blamed; it's always on the gambler. Actually, not all gamblers who use credit cards are addicted to gambling. I think only a few are addicted, so with the ban, it will sacrifice those who are responsible. It's not fair in my opinion.
Maybe you can't blame the system for someone getting addicted to gambling, but that system is actually providing them with the opportunity to gamble more even if they don't have the funds at hand at that moment. When you don't have a credit card, and only have a limited amount available, once you gamble that amount, you will have no more money to keep gambling maybe with the hope of recovering something back, and that might make you stop right there.

But when you have a credit card with available credits, you can simply keep gambling without stopping, maybe your intention is to only get back some of the money you've lost but you will eventually keep losing and those losses are all debts piling up on your name in the bank which will leave you with nothing in a very short period of time.

Having a credit card being used in gambling is literally tempting. No wonder there are lots of people who are falling for gambling addiction in most countries with active credit cards. There are already countries that are planning to ban gambling sites in credit cards because lots of credit card holders these days are falling into addiction.
I think credit card companies are offering opportunities yet it is our personal responsibility to spend wisely as we all know the struggle of having huge debt. We should only gamble what we could afford to lose and using borrowed money for gambling will never be a wise idea because we will only end up chasing our losses.
20  Economy / Gambling discussion / Re: What is the wildest thing you've ever bet on and won? on: September 27, 2023, 04:35:42 PM
I don't i can even remember if I'd ever to being wild to take the risk in gambling and yet win as well, we have to consider how gambling itself is full of risk not to talk of going more wild in it to end up not winning, maybe those kind of addicted gamblers who gambles regularly maybe more found in this regard whereby they take the wildest risk and yet sometimes win at last, but this is not a common occurrence with gambling.
At least you have to experience gambling because it deals with luck which we may call fastest luck,sometimes you won't blame someone who is addicted in gambling because what that person have in mind is that they will strictly win and when they fails to win they will continue trying to make sure this people win the gambling, so immediately you are planning to win and recover your lost in gambling you will be tempted to bet more so that you will win a big money, is good to risk but it's not a point whereby you bet without knowing that in gambling you win and you may not win, everyone need to experience gambling and know the spirit behind gambling

There are people who have huge hopes for gambling and see it as a tool to change their lives that's why their focus is to win despite all the risks. The problem is they have the wrong mindset towards gambling which makes them fall for worse situations such as gambling addiction. Yes, we can't blame them for falling into addiction since that's their personal choice.
It's fine to take a wild bet sometimes but if we will always do this, will will always put our funds into huge risks which we might only regret in the end. We should always be mindful of our actions no matter how big or small our bets are.
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