Does anyone remember a time around 5 years ago when many publicly traded corporations gained massive increases in stock value simply by announcing blockchain related projects? Kodak announces its own cryptocurrency and watches stock price skyrocketJan 9, 2018 There’s a growing list of companies that have added language about blockchain or cryptocurrency into their names and mission statements, and it makes sense. Companies that do so see their stocks rise in value afterward. The latest company to jump on this trend is, unexpectedly, Kodak, which just launched its own KodakCoin, a cryptocurrency for photographers. As soon as the news was announced, Kodak’s stock (KODK) jumped up, and as of this writing, its stock price is $5.02, a 60 percent gain. https://www.theverge.com/2018/1/9/16869998/kodak-kodakcoin-blockchain-platform-ethereum-ledger-stock-price It appears similar trends might emerge for businesses who announce AI related projects involving chatGPT and other emerging tech. This is where the value of insider trading and good sources of information can profit traders more than intelligence or knowledge. Even with investment and trading, who you know can be more valuable than what you know. Having inside information as to which stocks are planning to announce blockchain or AI projects which might send their prices surging upwards is the type of result which usually cannot be accurately predicted through technical chart analysis. The inside information can only be gleaned through having inside sources. It seems that AI is emerging as a hot commodity in markets. Maybe now is a good time to found that AI tech start up you've been thinking of starting over the years, and never got around to it. It happens again and again, as gamblers jump in on any company using the buzz word of the moment. Back in the year 2000 any company that was building a website would instantly get a boost. You mentioned blockchain projects and since then NFT's were the must have accessory that people were chasing. It's quite comical to see the latest fads blow up fast and deflate just as quickly, we never seem to learn or there are new fools born every minute. I guess if you're wise then you can take advantage of the situation but you need to be able to read the trends early and get in on the trade at the bottom, then be willing to jump out again before it bombs back - this sort of timing is very difficult to predict. |
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Hi gamblers, it's a simple question I want to ask...
Remember it is said that, in gambling, the house always wins, I Want us to look at this two scenarios and tell if this are not actually a way to win/beat the house..
Imagine yourself as a new gambler who just joined a casino, played a few dollars and with luck on your side, you win money running into thousands of dollars, will withdrawing your money plus winnings from that casino, never to return there to play again, mean you have beaten that casino?
Secondly, imagine that on your first day of gambling, you gambled $200 and in the process, won money running into hundreds of thousands of dollars, you withdraw the money and start up your own business, and never returned to gambling again, isn't this one way to beat the house?
Yes, that would be the perfect way to beat the casino and many people do this as part of matched betting. In some countries there can be dozens of sites offering welcome bonuses to entice new players, but you really need to read through the rules of each one and fully understand the process before jumping in to maximize your returns. You're also likely to find that casinos give slightly more favorable odds, although it might be hard to prove, to newer players as they want to draw them in and get them to play for the long term - they'll often spend a fair chunk on advertising to acquire new players after all. The honeymoon period might wear off advert 48 hours, 72 hours, a week or longer. |
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There are talks among the world's major central banks to begin the creation of their own digital currencies (Central Bank Digital Currencies for that matter). The launch of Bitcoin, and the widespread popularity of "De-Fi", has led governments to act fast before they're left behind the game. They know they can't beat Bitcoin, so they will try to be in-par with it by launching digital currencies of their own. The average person won't notice any difference with the new digital cash system, as everything would be the same as using a credit/debit card. I'm beginning to question whenever CBDCs will be able to replace paper money for good, or will it co-exist with the old system? After all, credit/debit cards didn't manage to replace paper money when they launched. For being in the 21st century, I'd say paper money should be phased out as soon as possible. Everything should turn digital, as we live in a digital society. How long do you think it will take for paper money to be phased out for good? Will CBDCs be able to replace not only paper money but also credit/debit cards? Your input will be greatly appreciated. Thank you.  It's a bit of a catch-22 situation, because the majority of the world have been brought up in a society that was largely built around having easy access to physical coins and notes. However we're now getting to a stage where there are lots of different alternative electronic methods that we can pay for things - Apple Pay, Credit cards, Paypal, Cryptocurrency, etc. This means we have plenty of fall back solutions but there are drastic scenarios like the internet getting severed in times of war where we would definitely need some sort of exchange of value that does not rely on the internet to function, however in such an extreme scenario we might all be back on rations anyway. |
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Does anybody have this experience or this is happening with me. Most of my gambling losses have taken place when I feel lonely.
Today one such incident have taken place. I've kept my last few weeks signature earning aside to meet some medical needs. Today my mother got hospitalised and I'm her attender. She is supposed to take a minor surgery as her vision isn't clear. She's been taken to the Operation Theatre and I was left alone in the room. If anything required the nursing staff would call me. By thos time my mind didn't think about anything. All of the sudden why don't you gamble? and I started and made 0.009BTC close to 0.01BTC and the greed didn't left me. Finally lost all my month's earning kept aside.
Through this I would like to remind be careful when you are alone. If your mind wish to gamble, go for it. But don't consider it as a way to pass your time and keep on wagering. The outcome might hurt, because most of the time loneliness is felt when our mind is in a bad mood. Some enjoy being lonely, but the reality used to be different.
Only you have the power to change this behavior and you really need to catch yourself any time you start to think about gambling. I don't know how much you spend on it but there are plenty of ways to have fun without spending money. There are literally hundreds of thousands, if not millions of free game apps out there to keep you preoccupied in such situations. Your mind is tricking you into thinking you can make a profit from anywhere and casinos definitely use manipulative psychological tactics to get you to spend everything. You should have been happy getting your money up and had plenty of time to stop as your balance drifted away, but that is what greed does to people, so better to abstain from it altogether if you cannot control it. |
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One of the biggest difficults in life is to manage growing your patrimony and income, when earning minimum wage and living in poor areas where opportunities are scarce, as is the money circulating in the local economy. Some hints that could be useful:
Get rid of addictions/habits: addictions or habits (in mild cases) are harmful not only for your health, but also for your finances. Cigarettes and alcohol are responsible for consuming a large portion of the income from individuals living on minimum wage. It's not that unsual to find people spending at least 1$ on cigarettes daily, what after 1 month will result in 30$ expenses, which could be going into bitcoin investment, for an example.
Choose carefully where you go shopping: some supermarkets are more expensive than others. Shopping on physical stores is more expensive than shopping online. Don't go for the first price you see on the labels. Search for promotions, try to adequate your demand for products to your currently financial budget in a way you don't spend all your money in the end of the month.
The impression which matters is the one you have about yourself: forget about boasting yourself to friends and suitors around. Live a realistic life and don't pretend to have a superior lifestyle in order to make people's eyes shine in front of you. There is nothing wrong in displaying some style, it's actually pretty good and satisfactory, but only when we can really afford it.
Doesn't matter how depressing is your day, never give up: everyone has their depressing days, but these days can't become a rule in someone's life. Don't feel pitty of yourself, don't blame your life and your currently conditions. Think it's just temporary and that an exit from this situation is reachable with good will, effort, hard work and a positive attitude with people around you. Sometimes opportunities come from where you least expected, so be receptive to the society in general, while being careful with potential abusers of every kinds.
It's hard and expensive being poor, so anything that you can do to build up a bit of a financial buffer will greatly help you. If you can buy products in bulk you can save huge amounts over time and you should pay particular attention to special pricing because product prices can vary widely. I've also seen some crazy behavior by people with low amounts of money who try to replicate what they think other people with money are doing - like buying takeaways which cost huge amounts compared with learning to cook your own dishes (ideally in large batches) with cheaper but more quality ingredients - you also cut out a lot of overly processed foods by doing this too. Looking after your health can go such a long way. |
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Hi friends, I am still on the matter of helping a friend who wants to build his own gambling project, the question of the day is about KYC verification, why are popular crypto gambling platforms are not KYC verified themselves? I mean the team behind the online casino why are they not KYC verified and they ask for KYC instead?
Wouldn't it be more fair if they want to stay behind the veil and not as users KYC verification? If they are scared of the law/regulations it makes sense the are verified too, doxxed or something .
Anyway fast forward to my second question, will a gambling platform be more attractive for users if the team are 100% doxxed?
It's really not how it works. You have a pretty naive viewpoint if you think the staff of a financial company would expose themselves in such a way and why should people in a company not have privacy? KYC is designed to prevent financial abuse, it is not intended to share private information with the world. These companies and many even regulators in some countries might expect to see such personal details, but it is not fair and no worker would stick around to be put at risk like that. It's a complete liability to regular employees and would put them at much greater risk of things like kidnapping or blackmail if their information was shared, for no discernible benefit to anyone. |
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To make a living, we must work. In uncertain days like now facing the global economic downturn, a stable job with high income becomes a scarcity. A side job or business seems like more necessary than ever, which can minimize the risks of losing your current job, ending up pennyless. However, a side job/business also takes time and efforts and can never be attained whenever we need it. What did you do or will you do in order to ensure your finanical stability despite all unfavorable circumstances ?
Besides millionaires and billionaires who inherited their wealth, most self made rich people got their by hustling. They tried out many different strategies and combinations over time before landing on a special configuration that worked for them. You need to find the right balance when working on a side hustle, if you're putting a huge amount of time into it and not getting much value back from it, then you need to think how to optimize it or maybe just move on to try something else. However it can help build the right mentality or you might be willing to put up with getting under paid for a short time if it's funding a different project that you think might be more successful. A lot of people had to put up with a boring grind before figuring out what works or reaching a certain level of success. |
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https://nypost.com/2023/01/15/gambler-loses-massive-1-4-million-bet-on-chargers-jaguars-game/One bettor wasted a massive $1.4 million wager after betting on Los Angeles before the Jaguars mounted an epic comeback to beat the Chargers 31-30, according to Action Network’s Darren Rovell. It seems that a gambler has loss this massive amount (1.4 million USD) playing a bet with an odds lower than 1.01! (exactly 1.008) I think there are several lessons here: - there is not easy bet! even lower odds there is always a risk. - it's really risky playing an huge amount. This not helps gambler because the risk is much much higher then rewards! - gambling is not easy at all! it's really hard achieve a profit even for easy games! what your opinion about this gambling issue? did you had experience similar experience? how a good gambler should avoid such mistakes? It's such a crazy story and so dumb by the person who is betting. If they wanted to feel some sort of rush and not even a particularly high risk bet, they could have gone for something that had odds of 2.0. There are plenty of bets at this level which win each week, you could even throw together what would look like a fairly safe multi/parlay bet to reach those figures without it getting too scary. They could have gone for simply risking small amounts to make the same return of $11k and kept their massive bankroll intact. These aren't the freak event's that they seem and this bet indicates that the bookmaker is expecting roughly 1 out of every 100 bets to lose, not a risk I'd take on over a million dollars. |
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Everyone has drawn their resolution for the year as regard Bitcoin investment and more. Bitcoin is bound to do what it wants to do. And no matter where the direction of the market has chosen to point to, i will just buy until when i feel it has gone too high to keep buying.
I am longer paying attention to all the noise that comes with short term investment anymore. It is better to be in red on a short term than to lose out on big opportunities on a long term. If the market is selling at a low price i will buy, If it is buying at an uptrend i will still buy. The only difference is i will try not to buy too high because in all the buying profit is the target. The goal is not to get rich but to catch up with the next trend and ATH.
The fact is on a long run the market will do what it wants to do and not even the best analysis can change it from making its desired moves. Bitcoin long term prediction is becoming even more harder to make as external forces keep playing out in the market more often. Staying positive for long term goal has given so many good profit in time past and it won't be out of place if similar occurrence happens again on the long run
What do you think!!!
Investing generally involves coming up with a plan that should include an exit, from the way you describe it you don't have much of a plan to get your money out at any point and are purely speculating. People who speculate tend to get greedy and lose much more in the long run. It's not like investing in a company, where they are making tangible profits each year and either re-invest it back profitably or pay it out to shareholders who are the real owners of the company. Ultimately most people need to convert bitcoin back into something they can spend and use in the real world, so it's a bit naive to just keep saying buy, buy, buy without a fixed point you've got in mind to sell. |
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I have a discussion with a close relative about online gambling and he said something that about how he hate gambling online because it's too addictive, he claimed real life casinos are better and less addictive because he will have to drive down to Las Vegas to gamble or drive down to a local casino and this still takes some physical effort and it discourages many people from frequenting gambling.
He said with online gambling it's available on through mobile phones and you can play at any time, this means no shortage of gambling around the clock and no shortage of losing money as well, you can easily pull out your phone and gamble with any free time, a bit compulsive and too accessible.
What do you think about this claim? Is he right or wrong?
Until you teach people about the futility of gambling or unless they are in a position where they understand that gambling is more often than not throwing money away, you'll never be able to change this behavior. Some people are genuinely in control but still know that they are going to lose to these places in the long run and are content with it as just a basic form of entertainment, which can be relatively harmless as long as it's just a small amount of their net worth. In reality though, many people do live near physical locations that could equally wipe out their bank balance - whether just slot machines or a race course where they can bet on horses, it just depends on how hooked they have become. |
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I am always skeptical why billionaires are always losing huge amount of money in days while people are suffering. Last time I read in a new that Elon Musk loses upto 4 billions in just few hours and the other time he made close or more than that in days. Money that would be very hard for an employee or middle class business owners to make in a year.
If we take a look on the news we will see that billionaires loses upto 2 trillions dollar last year and this January we had been hearing about several loses from some of the world billionaires.
Last year I heard that Jeff Bezos loses up to 80 billion dollars and Mark Zuckerberg also loses close to that amount which is enough to allivate poverty from a continent. The cause of their lose is best known to them but I think the funds should have been used to help the poor rather than allowing the money to vanish in a thin air.
I have seen so many programs fro the masses especially to aid those that are in need. Some of these aid organisations do seek for donations from individuals, companies that are ready to help with funds. When we have billionaires losing huge amount of money every year, why not they use those money to help the poor rather than losing them
In many ways this wealth is an illusion, the total value of some of these companies is what all the individuals in the market think a single share is worth multiplied by the quantity that have been issued. However that value is constantly changing and if faith is lost in a company for whatever reason, it can disappear like the illusion it was. Elon's arrogance, self interest and now highly political viewpoints being spammed on places like Twitter have done huge damage to his net worth because his ego needs feeding. He (and many other shareholders) lost their money because they did not sell out during the peak time in their company valuation, but even if they started to sell it would have indicated to others to sell as well and push the price down in a vicious spiral. |
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Do you think it makes sense if a crypto gambling platform only accepts it's own token for gambling and gambling on it's platform? If the games they offer are one-of-a-kind, new, and addictive wouldn't this make the gambling token very valuable? I am asking on behalf of a friend who wants to build his own crypto gambling project on the blockchain. Will this work? Will this fail? What's your take on this?
No it doesn't work. Casinos want to minimize and reduce all the barriers to entry when it comes to new customers, they don't want to make it more difficult for people to hand over money by forcing them to use a certain deposit method. People look for the most convenient places to play, it doesn't matter how supposedly addictive and original the content is - if you make it so hard to play then you'll never get people hooked. It's a bit of a waste of time to be honest, why re-invent a cryptocurrency (when there are already thousands) when you get just focus on the content. Your friend has big dreams but is unlikely to succeed because they are trying to do too much and frankly, they're unlikely to come up with many unique games like you describe. |
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Recently I have had numerous reunions with Uncles from my extended family. Some of them are successful businessmen for decades. They built their business from nothing and are living quite a comfortable life now. We had long conversations about life in general, including their key to success. I knew very well that they have been hard workers ever since I had a memory so I would contribute their success to endless efforts. However, one thing they had mentioned in common was luck. They believe pure luck made them meet and grasp those opportunities and become successful rather than their smartness and efforts. I've thought about this before and couldn't agree with this more. They've set very good examples to me, including my father, and now I tend to focus more on work itself consistently and let luck or fate takes the rest.
I think you might have misinterpreted what they meant or they did not realize themselves how luck contributed to success. Successful business people can often overlook the one trait that matters here: perseverance. Many businesses came about after the owner adapted and tried many different combinations, failing many times along the way but finally figuring out a "magic" formula that worked for them. People assume it is luck, but in actual fact they had the ability to change when they saw something was not working and let go of it. Luck can sometimes play a pivotal role, like being in the right place to land a very favorable contract, but often repeat business is what makes them true winners over the long term. |
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I just googled the return percentage of online casinos and saw different percentages that doesn't seem real. A slot machine can be written to pay out 98%, but its programmed to pay 90% and it's publicized that way to attract more people to play using that slot. Though one slot could be paying out that amount in the casino, yet my point is that no casino offers 100 percent payout that means if a slot pays out 94 percent for every 100 dollar bill spent on that machine the player losses 6$ to the casino. That is if you play longer times you'll lose, and we can almost never stay atop of the slot machines after long period of plays, unless you win a jackpot. Even if you win a huge amount, you can lose. They are numerous stories of people who won the jackpot and ended up spending the whole money back on the casino within a short period, 1 or 2 years, they lost the jackpot.
Isn't it? Inspired by Jean Scott - Frugal Gambler The thing is, if you're attracted to playing slot machine type games - you've already lost. The percentage that they let you win is almost irrelevant because people get so "in the zone" that they have a tendency to keep playing until everything is lost. It is basically a game for losers and nobody with any sense should really be playing them. It's fine if you want to drop a dollar or two on ten cent spins, but any more than that and it's an exercise in futility. Keep in mind that a casino will intentionally program their games to show you a few wins in the first 10 or 20 spins, but then their normal algorithm will kick in to take it all back from you. There are much better ways to make money. |
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It can actually be a good idea for neighboring countries to come together under a common currency because it does bring down so many barriers to trade and generally you will make a lot of trade with those around you. You can share things like tourism much easier and in a wider sense you are likely to bring down other barriers like border controls which slow down business plus leisure. However it works best when the economies are similar, but you will inevitably have certain countries in the group that are weak and some who are strong. The weak ones gain some credibility while the strong ones have the power of their currency weakened slightly, which is good when they're trying to export. However it takes a lot of preparation and unless it's managed well it can go badly wrong. |
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A brazilian medicine college student diverted almost 200.000$ from the graduation comission's funds, which belonged to her whole class, to place high bets through the national lottery.
She won sometimes on short run, but after all, faced a huge loss and went into almost 40.000$ debt. After scamming the lottery, the police department was triggered and the investigation has started.
She was investigated for money laundering and embezzlement. Later on, it was discovered the funds' origin.
Meanwhile, the class students became suspicious about the situation after the woman told on her class Whatsapp's group funds raised for graduation were lost after she invested it in a brokerage firm and was scammed by it, but no further documents and evidences could be provided, because everything was robbed!
Since then, no more updates about the case have been shared on the news. It happened about 2 weeks ago.
As others have said, the fact that she won was pretty much irrelevant because she did not win enough to cover the initial amount she stole. I'm guessing she spent vast chunks of the money she stole on these lotteries so was definitely not getting value for money. It's a very sad story when the person involved is relatively young and probably did not understand the consequences of what they were doing, however they should face the criminal consequences or there is no point in having laws. You have to wonder if she was just being extra greedy or had other financial pressures when she wanted to stay in the medical field which must have sky high costs to fund higher education. |
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Have you ever wondering about why human beings are profitable or what makes them succeed?
*How are things unique for humans who succeed?
*How they acquired to the position they are now?
*Why am I no longer being successful?
Infact it’s very on hand and relishable to accede with about that Achieving is an imprecation to few people. However, this is now now no longer in integration from the authenticity.
THINGS THAT TRIUMPHANT PEOPLE DO
set objectives: bare in cerebrating that all Triumphant humans set dreams with date which they can entire the task.
Start immediately: you have to commence right now if you pick out to be remuneratively lucrative Like the Ten million worthwhile guys and female out there due to the veracity worthwhile human beings do not procrastinate when they optically discern chances .
Be positive : Triumphant human beings are idealist and cerebrate about their cups to be always 1/2 plenary. They exhaustively seem at the magnificent component of their goals and they have self credence their Facilities in Achieving their goals.
Action takers: successful human beings act even if they have partial records and so many human beings wait until they get a a hundred percent Assurance, Answers, conviction and if you do so you may additionally preserve yare sempiternally due to the truth you will by no means be one hundred percent yare.
Magnetize it: successful human beings makes utilization of the law of Magnetization to be remarkable which overall performance you prefer to have a very pellucid and smooth Vision of your requisite.
While the majority of "rich" people do possess a lot of these traits which helps them amplify a great underlying business idea and many will really maximize an opportunity if they see it rolling out before them, you must not forget a fair chunk actually get just exceptionally lucky or maybe even inherit it from people. Those who get lucky were simply in the right place at the right time and potentially jumped on to a good idea with a source of funds that they may have been blessed with - like Elon Musk funding Paypal in the early days with money from his father. Others who inherit money are very likely to lose it because they can get arrogant or wasteful without understanding how hard it is to actually earn. |
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Fraud is intentional deception to secure unfair or unlawful gain. Fraud and fraudulent activities can be found in every spheres of life. In the online casinos and betting there are common frauds that are perpetrated by criminals in the guise of gambling. They include: - 1. Bonus Abuse
Bonus abuse is the practice of joining up for a service repeatedly using promotional offers that are typically only available to new members. There are various terms are used to describe it, such as bonus abuse, casino whoring, bonus hunting, and promo abuse. This practice, known as multi-accounting in the fraud world, frequently targets no-deposit bonuses like free spins or free money. It mostly affects poker, casino, and sports betting websites, but any business that leverages signup bonuses as a marketing strategy may be at risk.
The problem is that fraudsters attempt to create as many new accounts as possible, relying on stolen IDs, resulting in synthetic identity fraud and prepaid credit card details to bypass the Know Your Customer (KYC) checks. More sophisticated criminals can also have the resources to use emulators, virtual machines, and even residential-like IPs, such as Socks5 proxies or mobile networks to leverage fresh IP addresses. - 2. Collusion
The use of numerous accounts by one person or a group of individuals who work together to influence a particular outcome is known as collusion. The most popular target of collusion schemes is online poker. Players occasionally open new accounts to restart from scratch. A poker tournament's big pot may potentially be won through collusion. However, it can also happen in other card games such as Blackjack. Sometimes, players collude to commit bonus fraud.
Players might even engage in self-collusion by creating many accounts and then use one account to win over another. For example, two players register and make a $500 deposit to receive a $50 signup bonus. They can lose to each other until they reach the rollover requirements. Upon meeting the conditions, both players can cash out, and each walks away $50 richer. - 3. Chip Dumping
Chip dumping is the act of purposefully losing chips to another player at the table. It's something that thieves have been known to use in an effort to launder money they have acquired illegally. They believe that if they lose all of their money to a different poker account that they already own, that the original source of the funds might be lost. They hire individuals to gamble online and lose to a single person. Once that person cashes out, the money will appear as legally earned. It is a form of collusion - 4. Impersonation
Impersonation is when a player acts on behalf of somebody in a nonconsensual manner. They do that using stolen accounts. Moreover, fraudsters would look for proxy servers using SOCKS5 VPN and RDPs. There, they can conduct impersonation and other fraudulent activities. Impersonation can also happen with consent, like in an affiliation scheme. An experienced player uses an account to play on behalf of a newbie. They will enjoy their perks and fraud online gambling sites for profit percentages. - 5. Credit Card Fraud
At gambling websites, it is very typical to see thieves using stolen credit cards. If they can get the card to work, they can quickly and easily cash out. Cybercriminals can use a stolen credit card to top up an online casino account. From there, they can withdraw in cryptocurrency. - 6. Chargeback Fraud
Also known as friendly fraud, this is when a legitimate customer files a chargeback under false pretenses to get their money back. It happens rather frequently in online gambling, when a person who just lost a lot of money might phone their bank, say that their card was used without their knowledge, and then get their gabling losses refunded. Gambling establishments may counter the onslaughts. However, if they receive too many chargebacks, it could result in damaging their relationship with card providers. Being unable to support payments from a major card issuer can basically cost them their business. More often than not, just swallowing the loss is more practical than fighting it.
Note that - Collusion, bonus abuse and chip dumping are subcategories of Multiple account fraud. That's all for now. Thank you for reading. What other common or uncommon type of online gambling fraud have you noticed? It feels like you've covered most of the frauds taking place, maybe one to add is something that has cropped up recently a few times on these very forums. Where a user will blatantly abuse promotions in one form or another, and then when they have been caught out move on to a game of trying to smear the casino's reputation in order to get hush money. So not only are they caught cheating, but they continue to act innocent and it can be hard to distinguish between an honest player or an abuser unless they trap themselves in lies. Collusion is definitely one to watch out for in places like online and offline poker because it can enhance the possibility you are beaten every hand. |
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This is an emotional touching story of a friend who is having some hard and difficult situation feeding for himself. After longtime of searching for paid job with no success he saw a job that will pay him in commission. This means you will have to depend for money with your success in the work daily, weekly or month depend on the agreement. This friend that got a job is now having more hard times to go out looking for customers to buy the product of the company that he is working for because it is a marketing company. He is depending on me for some support like to go to work, sorting him for transporting himself and sometimes feeding and I help to do this for him (a friend that is down today can be up tomorrow and may help you also in future, they say future is pregnant. Help a friend in need). I do this with him sometimes with happiness and good face. I encourage him that soon he is going to make big sales with big profit to cover all the time he is not having profit.
What do you think of it ?
It really depends on the sort of salary you're talking about in comparison to a commission job and it can also depend on the sort of personality you have. People who are more introverted may not feel comfortable speaking to new people all the time and engineering a conversation in the sales type manner that would see them do well financially. There is a certain kind of sales person who we've all seen projected in certain TV shows or movies, that are willing say anything and bend the truth in order to get a sale. They might be financially successful in terms of how the company rewards them, but it borders on fraudulent or aggressive selling tactics. If you can get a salaried job perhaps with some sort of bonus structure built in that might be most successful. |
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Honestly, I'd say he took quite the gamble. Maybe the gambler of the year for 2022! This man bet his marriage on making it all the way to the super bowl. He also bet the majority of his wealth on the FTX scam. Unfortunately Mr. Brady has lost it all! You have got to feel bad for the guy. I am a huge Brady fan, and can sympathize with his losses. Surely many people that don't like him for whatever reason may be happy with his current predicament, which is honestly pretty sad if that is the case. We are all human here, and dealing with tremendous loss is difficult. Especially when you're in the lime light. I recently heard on a radio talk show a clip from a reporter asking Tom Brady just the other day what he was going to do now? Tom replied, " You know *name of the reporter* if I knew what I was going to do I would have already F$%king done it!" Poor Tom. I would bet that Brady stays at it, he is not going to end his career like this, having one of the most brutal years personally 1000% affected his game, I would bet that he gets picked up by another team soon, hopefully New England! Any thoughts on this?
While nobody should take any sort of happiness out of others misery, he absolutely brought this on himself and it was done out of greed. If he had approached a proper financial advisor and took their advice, he would be sitting on a diversified income stream from the huge salaries and endorsements that he has earned over time. Instead, based only on the way you described it, he took a punt on one major investment which has turned bad. The only reason people do these things is that they were sold the idea that it would double, triple or otherwise multiply his money in a short period of time. Wise money invests in the long game and expects small but steady returns over time. Either way, he has enough history to work a smaller fortune back up because he has a massive fan base who will sustain him. |
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