I think the reason why people investing in Bitcoin is to earn profit where some are afraid that they will miss the chance to earn profit. You can say that it is very much like FUD or FOMO that they also want to invest. If they really want to invest then they should have bought Bitcoin when it didn't reach the price of bitcoin today.

Are investors investing in Bitcoin at ATH now are fools ?  Is there chance of major correction from here as prices have already peaked now.

I have heard and read about people gambling because they had no source of income,  a job or they wanted to add gambling as part of their streams of income. Whatever your category the bottom line is that we all gamble to make money though some group claim it's mainly for fun. But who would want to be losing money all in the idea of catching fun!

There are gamblers that don't place their bet not until they have gotten a certain amount as their potential win. Some do this based on their financial challenge with the anticipation that just one win they may get on such amount is a life changer for them.

My main focus on this thread is in this question: as a gambler do you place your bet according to the weight of your financial need or you're always okay with whatever amount that comes out as potential win no matter how small amount?

So you consider holding Bitcoin as saving and want to invest the profits from Bitcoin into something else?

Saving is what you save in the fiat like you save $100 a month in your bank account and not utilizing the money on something else will make you poor because the value of fiat depreciates due to inflation and the actual purchasing power of $100 may worth $90 in the one-year time frame if the inflation rate hits 10%.

Bitcoin also comes under investment cause its value is volatile and I don't deny that you could invest the profits into something else because 'don't put all your eggs in one basket' rule can be applied to minimize the loss.

When everything's going well, it's cool. But sometimes (often?) money problems lead to divorce. Suppose your spouse/husband gambles a lot, his or her loss/profit ratio is acceptable (so it's fine), but then one day he or she has bet it all and lost it all. You've got nothing left (and no savings either). What's your reaction? Has this ever happened to you?

I am not financially stable yet, so I am very much grateful for the appreciative increments in the Bitcoin market (bull-run) on going, I decided to cancel our marriage anniversary celebration because I insighted that there is more to gain In my continues hodling while the markets skyrockets than selling off my hodled coins just for ceremonial pleasures which can not profer me financial returns other than consuming the ones saved.
Now, my wife seized not to understand what my logical points about this are because she is not the one providing for the family.
As a woman she is, I clearly understood that they are attracted to pleasures especially on activities that attracts public attentions. These species of humans (women) fails to understand that it is money that afford those pleasury materials and activities they craves for which one has to utilize himself logically in economical situations so as to create financial balanced system before chasing after those financial consuming activities without the potentials of yielding incomes.

I wasn't really a saving type, but lately looking at the current situation of things in my country, how costly things have gotten, once money enters your account or wallet, you'll be suprised of how you won't be sure of how it vanished, not to talk of having a tangible reason of what you did with the money. So recently looking at how people cry for money and personally looking at how I needed money I decided to start splitting the little allowance I get, saving one part and using the other, I won’t really say that it has made me a billionaire or that I no longer lack money but at least I have cash somewhere that I could call my own and fall back to in cause of emergency.
    To cut the story short, I’m advising mostly the young people of our generation to save, avoid unnecessary spendings and save even if it’s so little, cause you might find yourself in a situation tomorrow and you wouldn’t want to call home or ask for help, cause you have a second choice, that means you are literally getting yourself out of a problem. So please it’s not too late to stop spending on things that doesn’t really matter, so basically the money you saved today could literally save you tomorrow.

When you have one or more children, you have heavy responsibilities. Sometimes you're on a tight budget. Can being a parent change our playing habits? Are losses even harder to bear when you're in charge of a family? What are your experiences in this area?

Gambling can be fun and also become a serious problem if not done appropriately. Alot of gambler get themselves into problem because they gamble anyhow and anytime. There are some times you should take a break in gambling so that you won't become an addict or give yourself problem. Time you shouldn't gamble includes:

👉👉when you are in need of money urgently
Some people gamble the most when they are in need of urgent money. They use the little in their account to gamble believe they can double the money in no time through gambling to do what they want to do. This most times go wrong making them to lose the little they should have save for that purpose

👉👉To regain back your loses
Pursuing loses in gambling make you lose more. So it better to have a break when you have lose alot. That period may not be your own lucky time to win. Taking a break can help you to avoid being addicted and also save you from losing more.

👉👉Under pressure or frustration
Gambling under pressure or frustration may make you go beyond your plan. It can also make you to make wrong decision from your bet. So it's better to do away with gambling during this period.

CONCLUSION
Gambling should be fun, it's better to stay away when it has started to become a problem.

Sorry guys I have to make this thread self-moderated to keep spam off from making garbage comments on this thread.

Now my experience today,  so I got my weekly signature payment only stake account few hours ago,  and for some reason, I decided to gamble with it and bet on the Newcastle vs Blackburn rovers and with a draw for the games I chose which gave me an 2.5 odds at the time of staking the bet,  but at the end,  the,  Newcastle first made the first goals score making the match to stand at 1:0 at that point,  I made used of the available cash out which was almost a 60% lose from my initial bet amount,  but then I thought it better than losing all at the end.

Now I staked another bet with my remaining available balance and also I lost the bet and that brought my balance back to zero which means I lost all the money paid to me back to the stake casino, this reality triggered up this question in me.

How do you see losing your payment to the casino?

Do you see losing your payment back to the casino as your own form of indirect support for the project?

Do you think that I already have a bad gambling mindset thinking that by engaging in one or two bets or games I am supporting the project I promote?


This topic is for general discussions,  but I would like to hear and read what those who are promoting casinos/book markers that pay them directly into their casino accounts.

Gambling an activity for fun also has the chance to turn someone's fortune. Calculated risk when taken in gambling can be the way to big wins from gambling. Who do you think should take more risk in gambling? The rich gambler or the gambler who is not yet rich. If a rich gambler takes risks in gambling, they are risking losing money and becoming poor from gambling, or getting richer, when a gambler who is not yet rich gambles, they can also get poorer or richer, so the gambler who should take the risk should be the gambler who can handle the dangers of the risk like losing too. When a rich gambler loses from taking a risk, there is a better chance of them being in a position to manage with the losses, than someone struggling financially who a big loss will really affect. So, I am confused after asking myself this question and answering it, does this mean a poor gambler should continue to play it safe in gambling? With no risk, how can a poor gambler change their fortune in gambling?

As it stands now, phone are used to make cool money online,most persons has pHones but they don't know how to make money with it, most persons focus purely in social media, thereby wasting their time and resources in the form of data and airtime,
While some sit at the comfort of their house and make real cash online with their phones,
Making money with your phone is directly making you CEO of Ur own, you do everything at your own pace and time, no rushing you and no extras pressure.

A few days ago, my house was being cleaned. Three people are cleaning the front and back yards of the house. One of them was playing slots and I saw him. Actually, I wanted to suggest he try sports betting because I often see the guy watching football matches and he does have knowledge about many teams. So I was wondering if I could introduce him to sports betting so he could use his ability to predict every game he knows about.

Besides that, I just feel that if he deposited $10 = IDR 150,000 into a gambling site just to play slots, he would probably suffer a complete loss. But if he can place bets on sports betting, there is a possibility of him winning some money on small bets. Wouldn't that be an advantage for him?

If you were in this situation, what would you do? Introduce him to sports betting or let him stick to playing slots. Yesterday, I just let it go but we still often meet at other activities.

Yesterday was trying to place bet and during the process something in me keeps telling me to increase your wager do you know if you would hit something you never won before.. I was like is this how other people are being controlled by gambling or is it how it works? I said, no wonder some people gamble and finishes their allocation for the week or month. This can even lead someone to also go borrow if this feeling is not killed and stop, you can also see that this attributes in gambling addiction.

However, have you had this feeling while gambling before be it offline casino and online casinos?

For those who won't read their terms, for sure they will be surprised later on once they see their funds are getting low. And that because inactivity here is being charged by penalty. So if you are a player here and you have certain periods that you don't know when you will come back, better get out your funds first.

So what will happen if you have no funds left and you become inactive, how can they deduct the penalty from your 0 account? Because from their terms, they haven't mentioned anything about the closure of the account or other penalty once the remaining funds is less than €5. They just implied that they will get all the remaining funds if your account balance is less than €5.

Also, for those who got friends within that casino, and wanted to send or receive some funds, better remember this part from their ToS -

"4.3. You may not, in any manner, transfer funds between player accounts."

It is like you are prohibited to receive some tips from your online friends. I don't understand their reasoning behind this terms.