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461  Economy / Economics / Re: #HODLing is not a smooth journey on: November 26, 2023, 12:54:31 PM
Investing is an easy step for an investor but holding that investment is very challenging for an investor. An investor usually goes through various challenges in holding the investment and there are many situations when the investor is forced to sell his investment even if he does not want to. After investing it is seen that an investor may face financial crisis when that investor has no choice but to sell his investment. But those who can hold on to the investment despite taking on so many challenges are truly true investors. There are bound to be hurdles in retaining investment and we have to cross those hurdles and retain our investment though the road is very tough but if we can cross the tough road then surely we will get good from investment.

That is why you must make careful considerations in various aspects before you get involved in investing, I think all people or investors will never avoid challenging conditions that force them to sell their investment assets, but on the other hand there are those who succeed and those who fail, the question is why they can succeed? One of the reasons that I think is quite reasonable is that they come with full consideration, thinking from the start about what can happen later even though not all future conditions can be predicted, but the main thing that should be a concern is that you try to put an amount that will not be disturbed by other needs in the future.

By putting money that is less likely to be used then I think you will not sell your investment assets when the situation is really urgent, and also make some budgets or that means not to allocate all your money to investments, keep some in your other savings as a fund for urgent situations in the future, with that then I think you will not sell your investment assets that you have long maintained just because of urgent situations like that. And the other thing for the obstacle problem about your concerns regarding the surprising market I think it will come back to the knowledge you have, if you come without having any understanding of the world of bitcoin along with some positive potentials then I think it will also make you make improper sales.
462  Economy / Gambling discussion / Re: What I've learned so far as a gambler on: November 26, 2023, 12:34:19 PM
In principle I think that only self-control and some limits can save us from things that are not wanted, especially large defeats, it is clear that if they cannot apply any limits at all to their gambling then they will definitely feel a losing streak, none other than that because there is absolutely no prevention they do, they will not be able to resist their curiosity and also if they lose, they will definitely continue to play until they get what they want, but even if they win in my opinion the amount of victory will not always be able to cover the amount of defeat they have sacrificed at the beginning.

Of course, you need to have a plan and control over your emotions if you want to save yourself from big losses in gambling. Do not expect that gambling will be kind hearted to you and will let you save your money in case you're not in control over your finances. People lose money in gambling without knowing and they come to know when they have already lost a major portion of their life savings in gambling.

Yes that's true, but on the other hand applying self-control and emotions is not as easy as turning the palm of a friend, which is why there are still many who suffer defeat, I think the main thing that must first be corrected is in terms of their wrong mindset, because it's useless even though they apply self-control and some restrictions if their minds are always focused on winning opportunities driven by high expectations. What they will do then that will have an impact on themselves, so all decisions are within themselves, and the other thing of course is that there will be absolutely no mercy from the casino to every gambler, what the casino wants is only the defeat of the gamblers because it is profitable for them, so the casino will be happy when gamblers always behave excessively in their gambling involvement. So whether you or they want to be one of those targeted by casinos, it's up to you, and if you don't want to then there's no other way but for you to change your mindset and not get your hopes up.

Yes it is true that only luck can lead them to victory while on the other hand whoever it is will never know when they will be lucky, so what is your reason so that you behave excessively on your gambling? I think there is no other reason than you are putting too high hopes on opportunities that basically do not have any certainty, and also on the other hand there is nothing better because even if you have won I think that is not the end of gambling by going home with victory, and what usually often happens is that when you win then greed will play a role in that condition, surely you think of getting something bigger. I think that kind of cycle will never end, and always end up losing.

When you know that gambling is luck based and there is no control over luck, then I feel really shocked to see that people spend and risk all their money in gambling, meaning they are willing to risk all money only to see if the luck is favoring them or not  Huh
I would not call it a risk taking behavior but rather i would call it poor planning where one may put a lot of money in single games and bets and in case of loss, the money is just all gone.

Yes, I really don't understand what they have in mind, although basically they have the right to everything they want to do, but on the other hand I think you can at least take a little time to think realistically about what the activity you are doing really is. On the other hand I'm sure if they can take a minute to think realistically then they will find the real answer and with that they will probably reduce their excessive behavior. There is absolutely no good planning if what they do is excessive behavior like that, with those who always overdo something that basically does not have any guarantee then we can already conclude that they gamble without having any planning.
463  Economy / Gambling discussion / Re: Gambling is not a steady income haven on: November 25, 2023, 10:03:21 AM
Are we not really tricked by the way some people gambles and so therefore we also join in their kind of category because we always want to make win each time we are gambling in other to make some earnings at the cause, this is the kind of lifestyle many gamblers shows bit we must have our own personal determination for what we want and how we can achieve that without anything being affected at all costs, wht works for me mat not work out for you.

And that's reality, never ever thinks that because someone use an strategy that working for them means that it will also works for you, there are factors that drives the outcomes of the game, though most of it is influence of luck but more on knowledge and your handling of the outcome of each sessions that you play.

If you know how to control and you know that there's no way you can always win, once you got that opportunity make sure to grab it and quit right away to enjoy your winnings.

Simply put and the main point that every gambler should understand is that everyone has their own luck, if they manage to use a certain strategy and at that time they manage to win then I say that it is nothing more than coincidence, meaning the right moment when they use the strategy and at the same time their luck also comes, which is why when we try the strategy they use it turns out not to work or is not useful at all. There are those who think realistically like me and admit that it's just a coincidence and there are also those who continue to believe in it, for myself honestly I will not believe that strategies can be used to increase the percentage of luck, I have tried it several times and the strategies they use really don't work for me and that means there is no luck at the same time for me.

Yes that's right, I'm sure if gamblers understood everything especially what luck means and how hard it is to get lucky then I think they wouldn't waste the winnings they manage to get instead of acting greedy which ends up being disappointing.
464  Economy / Gambling discussion / Re: What I've learned so far as a gambler on: November 25, 2023, 09:38:43 AM
If one can control one's emotions, greed, excessive desire, then it is possible to gain something good from the gambling site. In gambling we tend to rely more on our luck than our strategy. If we win a bet depending on luck then our greed increases manifold and due to extra greed we increase our bet money and again bet depending on luck but luck is not always helpful. In the second step, when luck does not help, the gambler loses both the profit and the capital. We must remember that gambling is not only dependent on luck. In gambling half we have to rely on luck and the other half we have to rely on our gambling skills. Every gambler wouldn't have lost so much money if they weren't so greedy in gambling.
If we cannot control ourselves in gambling, of course we will very easily lose the money used in the bets we play, even though to be able to win at gambling we have to have luck, because even though we are lucky in gambling and we cannot control the games we play, of course we we will add more bets to get an even bigger win, but we won't be able to get it. All we get is losses and the money we spend gambling.
I agree with your opinion, when we gamble, luck is really needed to be able to win our gambling and we should not be greedy when gambling.

In principle I think that only self-control and some limits can save us from things that are not wanted, especially large defeats, it is clear that if they cannot apply any limits at all to their gambling then they will definitely feel a losing streak, none other than that because there is absolutely no prevention they do, they will not be able to resist their curiosity and also if they lose, they will definitely continue to play until they get what they want, but even if they win in my opinion the amount of victory will not always be able to cover the amount of defeat they have sacrificed at the beginning.

Yes it is true that only luck can lead them to victory while on the other hand whoever it is will never know when they will be lucky, so what is your reason so that you behave excessively on your gambling? I think there is no other reason than you are putting too high hopes on opportunities that basically do not have any certainty, and also on the other hand there is nothing better because even if you have won I think that is not the end of gambling by going home with victory, and what usually often happens is that when you win then greed will play a role in that condition, surely you think of getting something bigger. I think that kind of cycle will never end, and always end up losing.
465  Economy / Economics / Re: What would you do in this situation? Invest or save? on: November 25, 2023, 09:16:07 AM

I will choose the first option because there is a risk that I have to take because I am still young. It is better to try or not at all than if I save my money in the bank, it will not increase the money but the money will sleep and be exposed to inflation. It is better for me to invest so that the money That works for me too because I also know that no investment is guaranteed to be profitable, there are risks too


It's better to try than nothing, it's a good idea, I often hear words like that from many business people, basically even though you are very confident in whatever you want to do whether it's a business or investment that looks like profitable but still however the potential for loss or failure will definitely exist, I think there is no success without failure and that is a statement that is always carried by successful people. They have a good mindset and like the challenge of something bigger.

Failure is not a problem because on the other hand they will get very valuable knowledge from the journey in the process, and yes that's right buddy if I have a lot of money then maybe I will also prefer to switch to investing rather than having to save in the bank, although there is a potential loss in a certain amount but on the other hand I think if we have good planning and management and also have sufficient understanding in the field of investment I think we will be able to increase the percentage of profit to be higher than the risk of defeat, and there are some positive points as you said that with investment our money has the opportunity to grow in value and physically, it is better than saving and being exposed to inflation.
466  Economy / Gambling discussion / Re: What are some things you should always avoid while gambling ? on: November 24, 2023, 03:31:37 PM
It is definitely not easy, as by nature people are not very good at accepting defeat and when they obtain results that are negative they keep trying to change their outcomes, and often this is a characteristic that we admire on people, as those that are determined to reach their goals are the ones that eventually do so, but in gambling that tendency is a huge weakness, because as we know very well there is no way to change the results we may get on a gambling game in which the only thing that matters is your luck.
For most people in gambling, negative results drives their emotion so losing is just part of it. Accepting a lose might hard for most, I don't want to be a hypocrite but I'm one of them which is bad in gambling. To take this, one thing I learned in gambling is setting a limitation, profit is profit and losing what you can afford, don't go beyond these boundaries, if you do then that might just be it for your gambling journey. We know how hard to lose especially if you feel that you can bounce back from it, but sometimes just learn to pass it on and think that it's not the last day you're going to play.

Results that do not match what they want seems to be a challenge for most gamblers especially those who come to make money, there are some who consider losing as a process of striving for greater victory, lol how can you equate something that only depends on luck with a process like you strive for success like in other fields. Yes I agree to that and it's true that most of them can't accept results that are not to their liking, simply put they want to win but don't want to lose, while on the other hand the house will always win.

Yes and to be honest sometimes I also get annoyed when the end result is always not right but it doesn't matter I don't think too much about it and I emphasize myself more on the real understanding that it is a gamble that the end result will not always be what I want. So in such conditions I think more about not taking revenge because I know it will only worsen my condition. If you are one of those gamblers who like to overdo it then I think it's better for you to consider it again, don't put too high hopes there because obviously you have also proven it yourself that you lose more often than win, as you said you better be more assertive in applying limits because that's all that matters.
467  Economy / Gambling discussion / Re: Has anyone been able to make steady income with gambling ? on: November 24, 2023, 02:27:23 PM
When I was just starting out in my gambling venture I tried to find a way to make gambling a steady income, but unfortuantely all efforts were futile I started on Martingale but it did not give me positive results.
I just realized that after losing a lot of money, gambling is no way to make money, you can win but it's hard to duplicate your win, there was a time when I had to experience 10 times losing my bankroll before I double my bankroll and I still in negative, I have many losses and few losses.
In my opinion it is very difficult to be able to have a steady income in the gambling that we do, because it really takes luck to be able to win at gambling without luck it is very difficult to be able to win at gambling, for everyone who has realized how much they have lost their money in gambling of course they will it is easier to avoid gambling and they will be able to control themselves in gambling.

The problem is that this activity is very dependent on how lucky you are, that is a big barrier for anyone to be able to get a steady income from gambling, and in addition anyone can never know when they will be lucky and when not, if they really know about it then logically no one will suffer large losses. But on the other hand, it's strange that people don't seem to pay attention to this part, they are still firmly in the wrong mindset.

But it doesn't matter because they themselves will feel the impact, I can't completely force them not to do that because everyone has their own rights to choose something they think is best. Maybe they will realize their wrong mindset someday, it takes a streak of luck to be able to get a steady income from gambling but the fact that always happens is that you lose more often than you win, that's luck and I think if you have common sense then you will not be interested in assuming or making statements that you can have a steady income from gambling.
468  Economy / Economics / Re: What is the right age for financial stability? on: November 24, 2023, 02:07:40 PM
the sooner the better, after the age of 18 you should be productive enough to earn money, even if you're studying while work  it's actually not a problem, we're smart enough to divide our time,
Having financial freedom at a young age really influences our lives in old age when we have a family,
Indeed, at the age of 18 it is very suitable to start a business and of course studying is still prioritized, so that when we have graduated from college, we will no longer be surprised by the world of business, of course it is like getting a head start on starting a business, so it is hoped that at the age of 30 we will already have strong finances and established. Unfortunately, I used to prefer to spend my youth having fun with friends, so I can only think now that what I did was wrong.

Yes that's pretty good, basically the sooner the better and if possible as early as possible you should start everything from an early age, or that means around the age of adolescence, as you said at the age of 18 it's pretty good to find a basis for learning about the real world especially in terms of business, education still has to be prioritized because it is the basis that will be your driving force in terms of theory even though not all material in real life will be taught there, but it doesn't matter at least you know how to learn well by having a pretty good education.

And also yes with such a basis and early understanding then when you have started to enter the real world then you will not be too surprised when you see the fact that undergoing the process of the business world is not all turning the palm of the hand, and with the understanding that you have learned first then at least you already have provisions to start your business later and at least of course with that then you will not be too confused about how to start. Regrets always come at the end, many have experienced like you, you prefer to spend your youth having fun without starting anything that will have a good impact on your future. But never mind the rice is already porridge and although it's late but maybe it's not the end of everything, we can still start as long as we still have a high spirit to struggle, and for people who are still teenagers I hope they don't waste any time and opportunities they have.
469  Economy / Gambling discussion / Re: Is this a good advice? on: November 23, 2023, 01:50:19 PM
I keep seeing gamblers advising themselves that you are one step closer to winning the jackpot when you quit too early,  it's sad that they strongly believe this.

Is this true?

This advice is actually making gamblers believe that they can win when they spend a lot of more time in the casino, they strongly believe that not stopping or taking break will bring them closer to their jackpot.

One of em told me that this is why I don't win, that I only gamble when I feel like, he said constantly gambling is a must if you want to win, but I disagree, because I have seen too many people not knowing when to quit until it was too late.

To me, gambling is a theater, a form of entertainment that I pay for, not a way to get rich quick, for them it's a must to win by force, one question seem to change his mood though.

I asked him why he isn't rich yet if he is actively gambling everytime since all this while, this changed his mood and I took a turn.


Most of these "99% of gamblers quit before hitting the jackpot" are nothing more than a meme to poke fun at gamblers who are off the deep end. Cause at the end of the day this is literally what gets them going. The idea that they only need one more bet to finally get their big break and earn stupendous amounts of money in the process is what keeps them alive, and while to regular people, this may seem absurd and stupid even, to addicted gamblers this is sound advice.

So your question being, "is this good advice", the answer is subjectively objective. It's wrong if you're still thinking with your brains, it's right if you're addicted so much to gambling you'd literally take any advice that goes in favor of your vice.

I understand what you mean here, basically every gambler, especially those who are addicted, they have their own mindset and beliefs, losing is not the end of the world for them, and they consider that it is a sacrifice of their struggle for greater victory. Although it's a little silly haha but it doesn't matter, I won't interfere with their affairs especially when it comes to their different beliefs. And it is true that they have their own idea that even though they always lose but they remain firm on their own idea that "one more try looks like I will win", on the other hand that is what makes gambling addicts suffer from many large losses.

On the other hand gambling addicts will only listen to some negative advice that they think is a good alternative to be able to get closer or increase their chances of winning faster, like you said, "one more bet and you are likely to win", but the problem is that gamblers who are already addicted they cannot consider or see which is better in common sense, they will only agree with someone who gives advice to further exacerbate or deepen their gambling involvement.
470  Economy / Gambling discussion / Re: Has anyone been able to make steady income with gambling ? on: November 23, 2023, 01:26:08 PM
Has anyone been able to make steady income with gambling ? If yes, what had been your strategy ? Do you diversify to multiple games in order to ensure that end result is always profit ?


When I was just starting out in my gambling venture I tried to find a way to make gambling a steady income, but unfortuantely all efforts were futile I started on Martingale but it did not give me positive results.
I just realized that after losing a lot of money, gambling is no way to make money, you can win but it's hard to duplicate your win, there was a time when I had to experience 10 times losing my bankroll before I double my bankroll and I still in negative, I have many losses and few losses.

Haha although maybe I will say that your mindset is very wrong by considering gambling as a place to make a steady income but on the other hand I will not make too much of it because I am sure over time you will also feel what is really happening, or that means you will find out by yourself that such a mindset is very wrong if you apply it to gambling activities. And yes, finally now you can realize that indeed your previous mindset was wrong, and all the actions you struggled with were in vain, but lucky enough that you finally realized it.

Sometimes there are also people who still refuse to realize about their wrong mindset in considering gambling, they still think like that when in reality they are tormented by the defeat and pressure that always attacks them. Gambling can indeed give you victory but what you have to understand is that only luck can lead you to victory and also on the other hand you will never know when the time you will be lucky, which is why many suffer defeat without getting a victory even once. So if you want to survive then you have to gamble with the right rules, meaning don't overdo anything in gambling, lower your expectations because there is no guarantee of anything and you better gamble with the aim of just fun, that's better.
471  Economy / Economics / Re: What is the right age for financial stability? on: November 23, 2023, 01:04:52 PM

That is not actually luck, but it's destiny. We may be mistaking it for luck, but it's all up to destiny. In everything we do, business or even at work, we give all our hard work and best effort. It's true that all hard work pays off. We achieve something new, being promoted in our job, expanding the business, and such. However, our real goal which is to have a successful life seems out of our reach. Because it is not the time yet, our luck or destiny tells us that it's not the time yet for us to be successful.



I don't really believe on luck since none of that exist by chance since we need to move and do more effort to achieve our goals. Also what's more important with that is consistency since without this whatever business you do and however you think your knowledge is so broad regarding on business related matters for sure you will failed with that. Consistency is the main factor why people succeed and the most important think there is we love what we are doing and the chosen business to open is on scope where we enjoy the most since for that for sure we will never get bored then have successful result on long years of operation. With this for sure we can make the retirement span short and we can enjoy our life on things that we really want to happen.

But however the luck factor we always need in our real life buddy, there are things that we see like impossible but sometimes it can really happen and it's unexpected in terms of something positive and can be profitable. Even though luck can always happen anywhere and anytime, but that doesn't mean we have to stand still and just wait for luck to come, it's very clear that it doesn't make sense, and what is more certain is that if you really want to experience changes in your life, especially in financial terms, then you have to work hard and as hard as possible, you have to believe that the process will not betray the results and during your struggle I am sure there will be occasional luck that will help you to facilitate what you want to do.

I agree with you, another thing is good consistency, whoever it is if indeed they want to achieve their dreams such as becoming a successful businessman then in addition to hard work you also need good consistency in any case especially in your struggle, consistency like it has become a very important thing in the struggle, you can't forget that because it's useless even though you have good insight if you can't do something consistently then maybe there will be no satisfactory results and even very likely in the end you will fail. So the point is if you really want to become a successful businessman then you must know what things are needed and what must be prepared.
472  Economy / Gambling discussion / Re: Two Carreer skill benefit of gambling on: November 22, 2023, 02:29:36 PM
It depends on how the person views gambling, even though it may not always have a negative impact, at least we know that the more that gambling generates, it is still always negative, perhaps you are only a small portion of the people who have managed to benefit from gambling directly, whether it makes you a people who think critically or are socialists and may have an influence on your work too.

But sometimes not everyone succeeds in getting good results from the gambling they do, on average gamblers never take their positive side to do the right thing, in fact most of them spend their time gambling without thinking about work, let alone thinking critically and socially because they are too busy with gambling.  Wink

Yes that's right, for the problem of what impact or what benefits they will get from gambling it really depends on their goals and mindset when it comes to gambling and their views as well, of course if you really want to get the real benefits of the activity then you should be able to apply some precautions that you think are effective to do, and vice versa if you consider gambling as an activity to earn then obviously for the matter of impact it will definitely be very bad and you will feel it yourself later. So no casino is evil or cheating you but all the impacts you will receive are according to your own decisions and point of view of treating gambling itself. Even though for example you can make money from gambling, it is still basically negative as you said, why? because there is something negative that you never expected that is waiting for you in the future, as we know that the more you are serious in responding to victory with joy, it is clear that great disappointment will definitely befall you someday, because the fact is that casinos build gambling systems only to benefit them not you, so don't be happy yet.

It is basically true that maybe only a few people can really benefit from gambling, because most of the gamblers usually always apply the wrong mindset so that they experience more adverse effects than benefits. Of course, getting results in accordance with what we want is very difficult, none other than because it is gambling that everything is always unpredictable, sometimes we can get a win even though we never hoped before but luck comes by itself, I think this is already a strong reason that this activity is nothing more than luck, so we should not overdo it. On the other hand I'm sure for those who spend a lot of time just gambling it's because they want something that is beyond their capabilities, such as wanting to win consistently when the casino will not allow all of that to happen.
473  Economy / Economics / Re: What is the right age for financial stability? on: November 22, 2023, 12:45:09 PM
Most people will usually start the financial stability phase starting from the age of 22-23 years, at that age they have started to enter the world of work and I agree with what you said that if we measure for a process of their struggle in the field of work then maybe they will be able to get a decent income or pretty good finances when they reach the age of 28 or 35 years. and also that means youth is the period of their journey for a process that will determine their financial stability for provisions in old age later, some succeed and some fail, therefore maybe we often hear a lot of advice from our parents, And that also means that youth is a period of their journey for a process that will determine their financial stability for provision in old age later, some succeed and some fail, so maybe we often hear a lot of advice from our parents that "use your time as well as possible, take advantage of opportunities", that's what I always remember until now.

Honestly, I don't agree with your statement about the ideal age of 16-18 years old to start investing, in my opinion it's too early and too young, ages 16-18 are still very vulnerable and they are still quite unstable in distinguishing things, so in my opinion it is quite dangerous and quite high risk for their trading safety. As we know that the ages of 16-18 can be said to be underage, which means that their nature and behavior are still quite unstable, while in the world of trading it really requires maturity and a mature mindset, none other than because trading is quite risky, and it is very likely that for people who are still underage they will make many mistakes because their mindset is immature and it is quite dangerous. Maybe in my opinion the suitable age to get involved in the world of investment is above 20 years to start.
Depends on a certain individual actually since not all would really be thinking about business on the time that they would really be working on which they would really be that be focusing into their work which they would be most likely on getting one into this kind of age range or on the time that they do finish their college on which it is really just that a common approach that they would really be directly be looking for some job and making them stable but sooner or later when the time comes that they do realize that their earning isnt really just that enough for living on their own, then how much if they do have their own family?
This is where people would be starting on thinking that they should really be needing to step up. or else they would really be living a life on which it isnt really just that really that not convenient or something
that would really be that enough.

Yes basically it is true that it all really depends on each individual, not everyone has an advanced mindset or that means not everyone thinks about things to prepare for their future, and that is why as I said earlier that some succeed and some fail, it all depends on themselves, if indeed they are not too serious or do not have any intention to change their lives for the better in terms of finance then obviously from that alone we can conclude what their future will be like. And also yes it is true, there are some people who struggle hard because they think about their future, and there are also those who struggle to achieve success because of the many pressures they feel, as you said when they have a family then obviously there will be a lot of needs that they have to fulfill, so however they must be able to take action to change everything with the aim of increasing their income because there are many family needs that they must fulfill.

As early as possible then it would be great that you should really be thinking about taking up steps on making your living way more better or in terms of finances.
It isnt that bad to try even if you are young or just starting up. Dont let yourself that living in a life on which you do have financial struggle.
Its inevitable but it could be avoided if you do work hard and being wise or smart.

Yes that's right, the sooner the better especially for something positive but maybe it's for other things that may not be too demanding for you to prepare something like you have to prepare when entering the investment field, as I said earlier that if indeed your age is still in the teenage stage with the age of 16 - 18 years I think it's still too early, because it's not just intention that you need but also with mature self-preparedness, while someone who is still at the age of 16 - 18 is still quite unstable to be able to consider something related to the field of trading, and it is quite dangerous for your finances. So maybe you can go into other fields in my opinion, and if you really want to get involved in investing then you can wait when you are old enough.
474  Economy / Speculation / Re: Buy the DIP, and HODL! on: November 21, 2023, 08:42:25 PM
Many people think that investing in bitcoins doesn't require much learning, yes investing in bitcoins doesn't require much learning, if there are some minimal ideas to invest.
As it was explain by @Jay on the previous messages above, so putting it on my own understanding, in as much as learning is important we can never compare learning and a beginners who has started investment and at the same time learning, so however in times of investment telling a beginner to focus more on learning could discourage him but however if they were able to start investment it make it more interesting and easier for them because they are seeing everything they need to know, so lets not allow learning clound our judgment in times of investing on bitcoin.

However using my school days for instance, there are some practical courses we normally do and whenever our lecturers tries to explain it theoretically without practical it becomes difficult to understand but when he took us to the workshop things that we were feeling was difficult when he was explaining in the class became so easy more than even the way he was explaining it so in times of investment when a beginner learns from his investment it enhances his knowledge to easily understand what investment is all about.

That makes sense, sometimes someone might think that all learning is the same, they might not see in terms of what learning is done whether it is theoretical only or together with practice, why? it is because in general the perspective of society in seeing learning is all good actions even though there are several factors that can actually affect whether or not they can understand what they are learning. And one of them is like what you discussed here, honestly I quite agree that indeed students together with real practice will definitely be easier to understand than we just sit in class and just listen to the teacher explain. Do you ever feel when you come home from school or college all the knowledge explained by your teacher/lecturer is lost in your head instantly/unconsciously? honestly in my opinion everyone who has been to school will definitely experience something like that, one reason that makes sense is because you don't see directly the physical form or just a picture of what you are learning, meaning you only use your ears to learn and don't use your sense of sight which basically it will help encourage your memory to be higher. So the point is learning is good in any way or method but in my opinion when you learn something together with practice of course it will make your memory even higher and indirectly it will be a real experience that is easy to remember while continuing to learn and carry out the best investment plan according to you.

Overall, I honestly agree with your statements and suggestions for the problem of good learning methods, especially for beginners who are just getting involved in bitcoin accumulation, and yes in addition to having a good enough learning method and that can accelerate your understanding on the other hand, don't let you only be busy on one thing, because there are still other things that are no less important, such as good financial management, emotional management and control that is in yourself. We must remember that usually beginners are very prone to making mistakes, not all of them are ready to face unexpected things (losses), and it will greatly disturb the spirit and planning that they have formed from the beginning, which is why it is not uncommon for beginners to just give up when experiencing losses. Therefore I hope they have to consider everything before finally getting involved, don't let you only be ready for the profit opportunities but you also have to see that behind the profits there will always be a level of risk that can even exceed the percentage of profit, and from the beginning they must already understand all the possibilities that are very likely to occur in their accumulation journey. I think this needs to be emphasized more, because not everyone, especially beginners, is ready to face such conditions.
475  Economy / Gambling discussion / Re: Are you in profit? on: November 21, 2023, 01:04:30 PM
Hey bro I will say I have also been in lost for the past 5 months I never made winning for long and this often happens to me whenever I bets on multiple games and it would always occurred to me that I will lost either the last match after all might have successfully played. Sometimes I began to wonder if actually I am being monitored overall and overtime been, its actually hard to have winning while betting on multiple game and I tried to go on single games but I still finds it very difficult to win and the matches always goes against me.
Winning is not that easy after all and that’s why I limit myself with Gambling since I know, its more about the losses than to actually make something out of it. If you are going to monitor your gambling activities make sure that you are ready for it because losses can make you stress especially with gambling. Just be more responsible and don’t expect too much in gambling because profit is not guaranteed here.
One thing we must know is that Whomever that is ready to gamble should be more ready for loses because gambling is more Of losing one's money than making profits, let say if you gamble through out the year there is every possibility and likelihood that you would only win once or twice in a year this is based on if you are a regular gambler. But irregular gambler may not have that chances to win even single in a year because it's said the more you gamble the more closer one becomes to winning.

Well I agree with your statement that before they gamble then they at least already know about any risks that will occur, especially defeat, yes I understand that there are chances of winning in gambling but do you know why many gamblers have a lot of losing streaks? yes it's because gambling is a business for casinos which means that their priority is the profit they get from losing gamblers, that's a very reasonable reason. Therefore, of course, as you said, you should be more prepared to lose than win, because what happens more often is losing than winning only occasionally.

Therefore you have to accept the fact that gambling is nothing more than a game of chance, which is why people always advise that you don't overdo it when gambling because it will only make the situation worse. The more you gamble the closer your chances of winning, that's reasonable enough, but you're gambling with money aren't you? And please calculate how much money you've lost, if you can win more than the amount you've lost then maybe you're lucky but it's very difficult to achieve a win of that size to cover everything you've lost.
476  Economy / Economics / Re: What is the right age for financial stability? on: November 21, 2023, 11:54:00 AM
I think 28 to 35 is right age for fanatical stability if you start your financial activity at the age to to 22.I think it takes 5 to 10 year struggle and labour to be mature in business or job and some service etc. But if someone start doing staking, trading or mining in bitcoin or crypto currency then 16  to 18 year age is very ideal to start .After 5 year study, effort ,working and experience we will be in the position to earn well and will be able to get some achievement. Because it is said that there is no alternative to experience.5 year learning period is a probation period and after you will be able to achieve financial stability.

Most people will usually start the financial stability phase starting from the age of 22-23 years, at that age they have started to enter the world of work and I agree with what you said that if we measure for a process of their struggle in the field of work then maybe they will be able to get a decent income or pretty good finances when they reach the age of 28 or 35 years. and also that means youth is the period of their journey for a process that will determine their financial stability for provisions in old age later, some succeed and some fail, therefore maybe we often hear a lot of advice from our parents, And that also means that youth is a period of their journey for a process that will determine their financial stability for provision in old age later, some succeed and some fail, so maybe we often hear a lot of advice from our parents that "use your time as well as possible, take advantage of opportunities", that's what I always remember until now.

Honestly, I don't agree with your statement about the ideal age of 16-18 years old to start investing, in my opinion it's too early and too young, ages 16-18 are still very vulnerable and they are still quite unstable in distinguishing things, so in my opinion it is quite dangerous and quite high risk for their trading safety. As we know that the ages of 16-18 can be said to be underage, which means that their nature and behavior are still quite unstable, while in the world of trading it really requires maturity and a mature mindset, none other than because trading is quite risky, and it is very likely that for people who are still underage they will make many mistakes because their mindset is immature and it is quite dangerous. Maybe in my opinion the suitable age to get involved in the world of investment is above 20 years to start.
477  Economy / Gambling discussion / Re: Dangerous chasing losses on: November 21, 2023, 11:28:39 AM
Things that every gambler must avoid is playing gambling when they are bored, chasing to return capital and gambling over an excessive time limit.  i have also experienced this, but for now i will not do that again, when i run out of capital that i have set for today, i will stop, i will try to return my capital again tomorrow, because my luck will definitely be different. tomorrow.  The main rule in gambling is don't be greedy and don't chase after returning your capital one day, let it all start again tomorrow. 
I agree, if we have set limits on the use of funds for gambling then if the funds have been lost then never make a deposit again, let you bet again tomorrow to get different opportunities. If the case OP didn't get lucky on the last betting amount then he has lost funds above $2k just for daily betting, even though he set a fund limit of $85 for daily betting but the greed factor to recover the loss he has deposited larger funds without considering the loss, I salute him OP realized his mistake and he has committed not to repeat the same mistake in the next bet.

Yes it is true that we must be very firm in making plans, especially in financial matters and management of your gambling, of course it is true but unfortunately it may be quite difficult to do, not impossible but not as easy as turning the palm of the hand. Because if we are already at a high level of emotion when the final result turns out to lose then the main thing in the gambler's mind is usually they will think about how to find money to deposit again, that means they do not accept the risks involved in gambling. So the main problem in my opinion is whether you can accept the risk of losing in the gambling you do or not, if it is not then it is better not to gamble, because of course if you lose then you will chase the loss to break even which is basically very difficult.

Two luck will not come at the same time, which is why when they are greedy like the case experienced by the OP then usually the final result in the second session is always disappointing, instead of getting a bigger win or returning the loss in the previous time but what happens is the number of defeats even more. So of course the best thing is like you said it's better to take a break first and continue again tomorrow, maybe there is luck waiting for you tomorrow and not today.
478  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: November 20, 2023, 10:46:51 AM
Bayern Munich upcoming match against FC Koln, on the paper Bayern is favorite team will get three points but regarding many Bayern Munich's player dominance for playing with their national team I doubt easily will beat FC Koln. In this season, Bayern Munich still strong team in Bundesliga and one of two teams after Bayern Leverkusen still unbeaten in domestic league. I don't sure with any surprised result regarding with FC Koln on the poor performance this season looking their current standing on relegation, win 1 of 11 matches is very poor performance for FC Koln and how possibility will beat bayern Munich with impressive performance and top 2nd standings position in domestic league awhile. I think easily for Bayern Munich win above three goals in this match regarding Thomas Tuchel will play with their usually regular position although many of them just get few days rest after playing for their national teams.
Normaly it should be easy for Bayern Munich to win that game against Cologne and its possible that they get destroyed then.
But what is normal today in the german league and its also possible that we will see a different game from Cologne as they showed in the last weeks.
With a bit of luck and when Cologne have a good day i say that they can make a surprise for a draw but i guess that Munich will win that match.

I honestly do not think that Bayern Munich is going to face any problem, trying to beat Koln in the next match. They are currently in fairly good form and I don't see how they might actually be able to lose in this match. If anything they are going to be very determined to get all the three points from this match because they need to compete for the title. I don't think we have recently seen them be in the second position, consistently for such a long time in a single season. if I were Bayern Munich, I would have taken Leverkusen very seriously.

Yes I also think that way, because it is quite clear that the difference between these two teams is very significant, we can see in the table of standings where the difference between the two is very far, Koln is at the bottom of the standings while Bayern Munich is almost at the top of the standings and in addition Tuchel's squad is always favored. So maybe I will still believe that indeed Bayern Munich will not be too difficult in this match to win the full three points.

On the other hand the season will continue to run and that means that no matter what Bayern Munich must continue to be able to win matches to catch up with Leverkusen, that's clear. So maybe I fully believe that Bayern Munich will be able to dominate the game against Koln later, and also however Tuchel will definitely continue to try to win the top of the standings because their top priority is to defend the title they have long defended.
479  Economy / Economics / Re: Why is it difficult for people to get capital easily? on: November 20, 2023, 10:24:07 AM
I realize it is difficult but ask yourself again. This is not a very difficult thing in terms of earning but how do we collect it little by little from our work salary that we set aside. If we want to get large capital quickly of course it will be difficult. learn to start frugality and save for the future.
Saving and arranging capital isn't a problem for people who earn well, have their businesses, and aren't employed and earn a minimum wage which is barely enough for them to complete the monthly expenses of their household. Such people sometimes have to borrow money to complete the expenses for the whole month and then worry about repaying that debt with whatever they earn or maybe get some bonus once or twice a year or something.

So, for someone to be able to get capital, they must either have a high-paying job, a personal business that earns good revenue, or more than one income sources so that they can spend money on their personal expenditures and still have money left behind that they can save for their capital.
Still, even if you have a high paying job but the demands from your family and relatives are also high and expensive, then it’s still hard to save for your investment capital. However, if you have the discipline and determination to save, of course you will really find ways to save.

I guess what works for me here is to have another source of income that pays also well, not just one but even two if you can. With that, there’s always high chances to save for your investment capital. And even if it won’t work in the beginning, you will never easily panic because you only invest your spare money, not actually the salary from your main source of income.

Quite reasonable with your statement my friend, sometimes it is true that when we already have a high enough salary or income then usually our expenses are also high, which is why sometimes everything always runs in balance. Of course, as you said that if their expenses are like that it will still be very difficult for them to do good money management even though they have a high enough income especially they probably won't have money left over from their expenses to allocate to some investments or to open a business.

Honestly, I think it is quite difficult if their condition is like that to be able to save or collect capital for business, although yes there are always several other ways, but maybe it can still be, as you said, the only way is just by adding another job that they can do in between their main job, although maybe the income from a part-time job is not too big but it will be very valuable to increase your finances or mean to fulfill what you want such as saving or investing. So the point is that there will always be a way if you have the determination and willpower, and I hope that if you have managed to get a budget for investment I hope you use the best planning and management in your investment so that everything can run well.
480  Economy / Gambling discussion / Re: Dangerous chasing losses on: November 20, 2023, 09:59:28 AM
It seems that it has become a natural thing that is common, especially for gamblers who are newly involved in gambling, of course it is beyond our control or other people because in the early stages they are still very excited in carrying that wrong mindset, so it is very difficult to be able to give better advice to them if they are in a state of enthusiasm in their gambling involvement. Chasing losses to break even is the initial cycle experienced by newly involved gamblers, they do not know that it is the starting point of a more severe destruction that will cause many problems, especially in their finances.

That's quite a serious problem but on the other hand as I said above it's quite difficult to control them with some advice, they have their own mindset that is always strong even though it's basically very wrong. So maybe what will be able to change them for the better is just time, they will be able to know that they should not overdo it when they have experienced some serious impacts which will indirectly give them valuable experience not to make the same mistake again. So I think there will be a certain point where they will be able to gain some awareness.
If you are just new or really that a newbie when it comes to gambling then you do suddenly experiencing those kind of losses on which you didnt even expect for it to be that severe then it would really be normal that it would really be giving out that kind of actions whenever you do able to blow out your entire capital or bankroll on which this would really be the most common reaction you would be having. If you are that someone who do already have that kind of experience then you would already be aware with this kind of situation on which it would really be that making you avoid on chasing up losses since you do already know on what would gonna happen next.If you are that someone whose really that impulsive when it comes to gambling then you should really be starting on quitting or getting rid of it or else it would really be bringing up that
kind of damage or devastation when it comes to your finances.

This is why its never been good on having that chasing of losses in the first place. You should really that make yourself pretty wary about on how gambling works and what are the things that you would
be mainly be encountering because if you dont then for sure you would really be having that kind of huge problem on the time that you do experience things.
You wont really be putting up yourself on safety on this case.


Of course a new gambler or beginner is very different from an experienced gambler or for example a professional, where the difference might be said to be quite significant, the beginners as I said earlier that they are still very eager to chase defeat there in order to break even, they don't know yet that it is the starting point of a more severe destruction, yes it is beyond our control because after all for people who are very excited we will be quite difficult to give them advice. And for experienced gamblers of course they have experienced many conditions that make them down, so if the next time they feel that there are indications that it might happen again then obviously they will be more vigilant as you said, not least because they learned from previous experiences. They will focus more on some precautions rather than continuing to play to chase defeat because they already know that it will only make things worse, so maybe for beginners they just need time to get experience like that which then later can be used as a lesson so as not to take actions that are out of control.

Of course, what should be done in such a situation is to take a break and stop, but for beginners who have just come and are still very excited with high hopes, it is very difficult to do so, they will only be able to take some precautions firmly when they have a little bit of realization of the consequences of their bitter experience. Basically, it is very difficult to handle emotions and greed when their hearts and minds are still at a very high level of expectation.
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