A gambler needs to be clever enough to know when he needs to quit and when he needs to continue playing. Without thinking quitting the games and without thinking keep on gambling is not the solution.
Depends upon the plan of the gambler and the results and outcome of the gambling which helps the gambler to make decision whether he should quit all or whether he should continue gambling.
Not all clever enough but all has the ability to plan before they start. They only need to make sure that they will stick on it. It's not easy especially if you already started in a wrong way but just be patient and endure the pain. You will soon get used to this and hopefully, you will not go back in your old routine anymore. Addict or not, there will be a time where we will stop doing the activity. To Carry on or doing the activity continuously, is not a solution but it can only cause us a problem. Each has our own capacity but I think it's better stop once we already reach our target or even we lose all our first deposit. Given that it's already a sufficient amount. |
|
|
|
I was in high school and most of my friends were betting on sports. At first I thought it was a stupid idea to gamble but then the greed took over. I wondered if I could get rich from gambling and I also started to bet on sports. I was doing my "research" on teams with my friends every day instead of studying math and shit. I won some then I lost some. Then I lost again. I was losing more than 50% of my bets and I saw that I wasn't making money when all things considered. Then I took a long break from gambling till the college. Then I started doing it again. I still don't overdo it but gambling casually which brings no harm.
It seems like stories like this about someone getting encouraged by a friend to play gambling is very common. Now I know why many parents don't like their children to hang out to their friends too much, especially if the parents saw that some of our friends are into bad habits as we could get influenced by them. Your thoughts about gambling are right. You could have followed it and no issues are going to be experienced later on. To think of being rich in gambling is the main thing that the casino wants us to think about because it's a sure way for them to make more money. It's crazy to think that we can do our bad habits more often than the good ones. I guess that's because they are not boring although doing the good ones are also rewarding once you successfully accomplish them. |
|
|
|
I have sell orders at similar levels. I expect a sharp decline after Bitcoin reaches those levels or goes up a little more. The fact that it has stayed at 30k lately and that its price has resisted falling shows this. Of course, I'm not sure about this, but I made my own decision this way.
What I'm not sure about is what level it will drop to. I don't think it will go as low as 20k but anything is possible in this market.
I do not have any orders because I do not take profit, I keep investing as much as possible and that makes it a lot more important. I believe that it is going to end up with a situation where it will take some time and because of that we are going to have to face the reality that it will take some time before people could see some changes in the end. If we live like we need to take profit constantly then we are going to end up with a problem and there is no reason for that at all, we could just live with what we have and just learn to love that. I know that it will take some time but we need to learn that. I have been holding for a long time and I will continue to hold bitcoin for more, no matter what the price is. |
|
|
|
I don't buy this idea at all ...it may work for other assets like properties and all but a total no-no for crypto assets. Even if you decide to have an agreement on how to share the profits there is still going to be issues. People are innately greedy and may harm the others so that they get the own thing to themselves. No matter how long it will take, invest in crypto assets yourself.
For crypto assets, I really think we shouldn't trust anyone to work with. Because there is no point in working together to raise capital just to buy bitcoins. Because we can even buy Bitcoin with minimal capital. Unless we raise joint capital to build a joint business such as building a shop and the like. I also have acquaintances who are raising capital to build big businesses. But that acquaintance of mine did it with his brother and no one else. Because of course we can not do it with other people. Nowadays there are too many people we can't trust. I agree that it's very difficult because you are literally ending up with giving it to someone and in return they may end up with a loss and that's going to end up with a big terrible ending. That person may just get your money and could end up not caring about what you think at all. I believe that if you are going to end up with doing something like this, at least do it with people you are very close with in real life. Your very best friends, your family, those type of people would at least be close to you and you would know that if they fail, they are going to fail and not scam you. Even in that case there are many stories where family members end up scamming other family members and that's why it would be very risky to do. |
|
|
|
I'm interested in sports betting in particular because the house doesn't have a strictly defined mathematical edge, so it's possible for players to actually have an advantage if the odds are misplaced.
I agree, it would be a hard task to collate reliable data. I would definitely not rely on players' self-reported profitability, as they're often deluded about it, with most being at loss but thinking they're in a "break-even" position.
We could get 100% reliable data from the betting platforms themselves, but obviously they won't share it unless forced by the governments, i.e. in a similar fashion to CFD trading platforms in Europe having to clearly display the percentage of retail investors losing money.
I would guess that there are still enough to make it so like they have enough from both sides, that's the difference. Because while you play for the X team, some people bet on the Y team and you get the return of that, so you are not taking money from the book, you are taking money from the people who bet on the other side of your bet, or at least as much as the house can make it, sometimes they win money and sometimes they lose it. This means on every bet, they are not just purely losing, they lose "some" but not all, and this is why they are so profitable. While you may end up losing all the time (or not) they are never losing all the time, they have a guarantee that people will bet on both sides which would make it better for them. |
|
|
|
Since we've attained the recent peak of $31,800 and there have more resistance over the move to take it to the next level, we can be more expectant over the later end of this month mabe we could experience more pump in price to see the market getting close to $35,000 or more, the current price will be more in favour of the buyers since they are buying at $30,120 or less from what the market offers and things can change anytime henceforth since we are approaching the period of market bull for bitcoin.
It is obvious that we are going to end up with some sort of trouble that would make it a bit harder, it is not going to be something that is easy to make money from, but something that is a bit more cliché, because price keeps rising is the norm in bitcoin. So, what we should be doing right now is to make sure that we are not dealing with any of the trouble and just focus on how it will go up in the future. Sure there could be moments of drops in the price, but those are just some moments, normally on the long term we know that it's not going to be all that different and that's not going to be that easy. Hopefully we could end up with a good situation where it rises soon, that way people would see that it is good to bet on bitcoin. |
|
|
|
I’m surprised to see that news outlets are saying there’s only about a 50% chance of an ETF approval. Not sure what time like they’re putting with those odds, but at this point I’d say the odds are closer to 100% with the banks filing for these funds and it will be bullish. I also believe approvals have been delayed until this point to try and match the demand with the supply from distribution of the mtgox coins.
Agreed. These cryptonews outlets might also have given less of a 50% chance for Brad Garlichouse and Ripple to win the lawsuit that the SEC filed against the company hehehe. When the ETF is approved, I reckon this is where disbelief is suddenly replaced by hope and optimism.  This image has been shared a million times and people still can't keep their logic on this. I mean it's obvious that the market has a cycle and we need to come to agreement with it and learn how to manipulate it. I have been burned by this before but I learned it and for the past bull run I took full advantage of it thankfully, and this time I am expecting to take full advantage of it again. I am not saying it's going to be easy or difficult, but I am sure that it will happen one way or another. We are at the "hope" stage probably, and it's going to get to optimism around the new year, and then it's going to get much better after that because we are going to reach belief after halving, and peak times after the halving of course. |
|
|
|
I saw this PC token trending on Dextool lately. But it has pumped more than 100k% since it launched. Now I cant stop checking back for a good time to buy until i noticed that it trading on Bitget. So, I bought some because there is no tax and no huge fees and it now look more safe with the listing. So, im thinking of buying more to my holdings. Although, I understand the risk but what do you think?
I just remind you if you shall not take a token gets trending on dextool seriously. That kind of token was just pump and dump token. There are so many pepe chain tokens in the market and all of these tokens are scam tokens. If you have agreed to take the risk by buying it and that's your choice. I can just tell you if you shall try to take care with your money. Buying meme token may able to make you lose your money instantly once the token goes into the scam token or something like this. If you wanna put your money into the risk and there's nothing i can do. If you are smart enough and i think you shall put your money into the legit coin instead of meme token. I think Dextool and similar sites like Poocoin are a home of the shitcoins and meme tokens so I agree with what you said that we should not take them seriously. They got trendy because maybe they are only being manipulated or they pay the site huge to have that trending status immediately. Pepe is the original meme coin and the rest of it is like you said, just a scam. We that are here in crypto already agree about the risk but many of us are wise enough to stick only on the less risky coins. It is still possible to earn huge on them. I think those who go for a much riskier investment, can't think of any good ways to spend their money. |
|
|
|
Sorry to say, but OP, you've got such a porrige in your head. You compare two totally different things, and add ingredients like gambling age and investment...
At first, why you think gambling is leading? Because we have gambling signatures all around the forum? Because you see more gambling ads around? Because the number of gambling casinos grow? Go to any vehicle related forum and you see that only few knows what is crypto, and a dozen gambles, but thousands talk about which oil brand to use. Whole question is strange. You compare emotions with technology? I can ask you the same, "why laughing has more fans than rain?"
I dont know why Bitcoin is less popular than gambling. Maybe if we think that gambling is sort of a sin or evil is much older, it can get more attention, than a technology that has appeared 10-15 years ago?
Unfortunately that is growing a lot these days. There are actual people who think that betting and trading are similar and start trading that way. Like seen people who do x10 leverage trades and they think that they may end up losing but just like gambling losing is one part of it. They are not really aware that they could make some profit with it and that's a sad deal. I hope people will soon realize that spending money on trading is not a thing, you invest and if you invest well enough then you are going to do a well good job. Of course it is not going to be an easy task but it can be done at least. I believe that gambling is a null sum game where you are going to end up with a loss, but investing is not like that and people needs to hear that. |
|
|
|
We can't be sure of the bear/bull market. $30k is the resistance region, because the price have been moving around it for a long time. The price is expected to grow and reach the next barriers, but the required push isn't achieved. For now the price of bitcoin have dropped a little and this looks like the corrective movement is happening. Maybe once after this we can expect the price to make a big bounce.
It is possible the price is going to remain at those levels for a very long time, after all it is difficult for the price to go any lower as if it did then investors will take advantage of it immediately and the price will go return to the current levels, but surpassing 30k in a definite way is also proving to be a challenge, and this is because we are getting close to half the ATH we reached on 2021, and when the halving is still months away such a high price seems unjustified. We are definitely getting close there which is why it is going to take some time but also when it breaks over it, when that time comes, you will see that it will happen very quickly as well. We do not know when it will happen, maybe it will take months but the problem is that something that has been low for many years, will go up in a week above what we could even imagine. That is literally how it went from under 20k to 25k levels for examples, it was around 16k and reached 25k in about 10 days, it didn't take that long, maybe even less, and then the same thing when it reached 30k as well. So be ready for it to change a lot, because in the end it doesn't stay at the same level and the changes are quite frequent when they happen. |
|
|
|
If you're not earning your own money yet and still relying on your parents for finances, you should not gamble. Because that money is probably meant for your studies or other needs and not to be spend in gambling. It's quite normal for parents to be strict since gambling can really influence us negatively if we can't control ourselves. Especially if you're still a student, it can affect your studies once you became hooked to this activity.
So don't wait to be threaten by your loved ones. Be open and listen because they're just concern.
In order to gamble at minimum we need three things, they are the mental maturity to gamble, understanding of the probabilities behind the games and our own money, and it is obvious a kid or a young person does not has a single one of the minimum requirements to gamble. As they are not mature enough to take decisions with their money, they do not understand gambling at all and they do not even have their own money, as whatever money they have on hand was given to them by their parents with an express purpose, so it is obvious they should stay away from gambling until they fulfill those requirements. There are intelligent or genius kids. These kids can act or think maturely. It's also possible for our kids to be taught about the risks in gambling. Lastly, we can give money to our kids as a gift, not only for their birthdays but also if they do something great like having a perfect score in their exams. These money can now be considered as their own and they can now spend it to any things that they like. I think there is no such law that says that we must only gamble using our own funds. There's even some who steal, ask money to someone else, and borrow money to a lending platform just to play gambling, however some gambling places has a minimum age requirement. |
|
|
|
From what I observed from this statement is that, many of these gamblers have been misled by this very remark of a hypothetical hope which has liquidated their account. While some who would have quit gambling long ago still hedge their hope on the idea behind the statement and keeps wagering.
Now let's take this to a discuss; how correct is this statement? And is there any similar statement like that in your home-country that's popularly used among gamblers to encourage themselves from quiting gambling because they're losing?
Or would you allow your decision to quit gambling to be affected by any popular statement among your fellow gamblers or it's a no no thing for you?
So I misunderstood it. I thought we should continue as long as we still have some money in our balances inside our gambling accounts. And I think many won't agree with this one. Anyways, on the real meaning of the quote, I agree on it. We can also apply it on other areas in life and not just in gambling that we must not give up easily. Quitting won't let you grow. I think that even if a gamblers didn't hear the quote, there is a big chance that they will still continue. It's either they are addicted already or they don't see gambling as a wrong doing. It's just part of their normal life. I think there is no such quote here in my country but people here can say negative things about gambling only to discourage someone from engaging on it. |
|
|
|
every sport organisation is trying to milk the maximum money they can and thus FIfA is no different then other sport organisations who’re too trying to get maximum money they can from their respective sports eg ICC. Furthermore if FIFA World Cup is held every two year’s then most player’s will quit playing national football as it’ll increase their work load and the excitement of winning the World Cup will end.
I feel like making that much money must be the main reason for any business in the world. They are an "organization" and not a company perse, but the aim is the same, making as much money as possible. When you make it 4 years in between, people wait for it for a long time and the value of the cup increases. Think about it, you could only play in 4 or 5 tournaments all your career, even if you get elected at 16, which is very rare, 20 years means 36, so 5 is usually the maximum amount anyone could ever join, usually less. But, when you make it 2 years, then it would be like 10, and suddenly all of your waiting is over very quickly and it's not that rare and unique anymore. I think it's quite important to just realize that if possible. |
|
|
|
Very different and strange take on this topic but it feels like undeniable truth that someone should be making money to be counted true professional. Otherwise its just hobby lol. I saw no video gamers claiming they are professional unless they join as team, find a sponsor, get wage, win contest etc so on. At the point where a gambler can generate money through he can be called pro. I think we may count sponsorships too - gambler doesn't need to be always making money only through gambling he is mastering.
I think you can still be called as a professional even if you are not earning with your skill. To earn is only a matter of choice but what values mostly by the professional is their talent. They are called professional because they are really good at what they are doing. I am not really sure if hobby is different from it but I know that you can also make money out of your hobby. It's a great way to make a living this way because you enjoy what you are doing and you won't feel like you are working. A professional gambler can also have other talents and they can choose to make money on those. They can also apply for a real job if they want to. To have multiple income streams is always better, as it provides us more security. |
|
|
|
It's indeed a big victory because the accusation is serious and the accuser is big, it's SEC. Plus it took for many years in order for the case to be solved. It's only a shame that SEC still calls XRP a security despite XRP already proved that they aren't. They even won the case. I guess they can't accept the result because they fought a long battle against Ripple only to know that they will lose at the end. They still have other chances left from other crypto companies. I hope the OP won't be cautious with XRP anymore. @OP, not only you but many of us here are also after the decision made by the whales and big companies. When they dump the price we buy and when they pump it we sell. |
|
|
|
Emotions are hard to control, but in this aspect it is true that anger will lead your nowhere near the goal that you set your eyes on. Actually, even in general, too much investment on our emotions while trading crypto can lead to risky decisions that we may regret in the long run. Essentially, you can't allow yourself to feel too much but also not too little, since instinct can also lead to good decisions at times (like when we say that we have a good feeling about a trading decision). In the end, keeping ourselves and our emotions in check helps a lot in managing our decisions and actions in trading crypto as they are aspects that affects the results that we are looking for.
Anger is still a kind of emotion. All of us can experience it but we should snap out of it immediately because if not, it will greatly affect the most important things that we are doing in our lives. Too much is always not great anymore but everything must only be at minimal levels including our emotional feelings. It's even better to become like a robot and have no emotions at all when trading. Instincts should not be our sole thing when deciding but it must be doing analysis. There must be a tool to check our condition, not just physically or emotionally but also mentally. Other things that we do or our lifestyle can contribute to what we are going to feel, so it's better to start your fix here. |
|
|
|
Which one do you actually find to be more easier and I believe that futures trading is also capable of giving someone life-changing money but which one do you believe is less risky than the other?
Because it is more difficult to analyse the market than a game, I find gambling to be simpler. However, futures trading might be more profitable than gambling if you have a solid understanding of it. I think it only depends on the person. There are some who can adapt easily but it will first depend on their interest if which one they will go. Some don't waste time in gambling for some reasons but they just head straight in futures trading. So, it was futures trading is the one that is profitable for some while for the other it was gambling, specifically sports betting and other skill-based games. There might be people who will say that gambling is better because it provides entertainment other than the profit potential but they forget the fact that once you love what you are doing, it won't still make you stressed out or you can also be happy about it. |
|
|
|
Do you believe Kane can be loaned out to another club? Because the truth is, even Tottenham are not willing to sell Kane. Moreover, the factor of clubs loaning their players to other clubs is because, the player is not included in the coach's plan so the player is loaned out and or does not get a place in the main squad. But regarding Kane, this player is clearly always the first choice in Tottenham's main squad, so it is very unlikely for Tottenham to loan Kane to another club. Also related to Vlahovic, from some sources I got Vlahovic was confirmed to stay at Juventus, and that made PSG or maybe other clubs unlikely to be able to bring Vlahovic at this moment.
Its impossible thing with Harry Kane has option with loan, I don't think Tottenham Hotspur prefer for loan Harry Kane due he has values above 80 million due last bid offer from Bayern Munich. Tottenham Hotspur has one year contract left for Harry Kane and loan is not right option because Kane will be free agent next season if can't reach extend contract. What ever rumored with Harry Kane but he still in starting line for Tottenham Hotspur last pre season match against West Ham United, seems if not any progress yet about Bayern Munich bid offer above 100 million euro there are seems not any chance for Kane will leave Tottenham Hotspur next season. Harry Kane keep the main players for Tottenham Hotspur for next year despite reach agreement for extending contract or not. That is true, they want to sell him for as high as possible and have his blessing to sell him as well, when the time is right, it's time to sell him. I know that it would be bad to get him for just one year of Kane, because next season you can get him for free, but if teams work hard and get him now, it would be less competition. Plenty of teams can pay him 10-20 even 30 million a year to play for them, that would be possible, but not a lot of teams can pay 100 million for his club AND his salary at the same time. This is why I believe that it is going to be a bit of a tough deal that he would be waiting for another year, there will be some big clubs that will want to get him. Bayern specially is nearly there, they may get it done. |
|
|
|
Now, if you still want to gamble but you don't want to become addicted to it, one of the things you should do in my opinion is:
1. Only set aside an amount of money that you will use to gamble in a casino.
2. Don't think that you will gamble to make money, because if you do that, you will surely have a problem later.
3. Just spend a few hours staying in a casino to gamble so you can avoid what you don't realize is wasting time that you should be spending on important things instead of gambling.
The first in the list is ' Recognize the problem'. But even though we already know the problem, we still keep on doing it. I think that is because we are too weak to handle it on our own. This is where other numbers on your list came in like ' Confide in a love one' or ' Seek professional health/help'. On your second paragraph/sentence, I think it's okay to think about making a profit in gambling. I believe almost all of us are like that. The only thing that we are following to not get into a serious problem, is to set a realistic profit that we will take out, just in case we get lucky and win. Being greedy is not a good thing. The more you want, the less you will get or you will only end up with nothing. |
|
|
|
First time I am hearing about that issue, it's quite sad if people are too afraid to visit a real casino and only play online. Hopefully there will be some punishments for the physical casinos that treat LGBTQ+ people differently, same goes for the employees. In my opinion we are all the same, everybody wants to have a good time and for the casino it shouldn't really matter who is placing their bets and who wins in their house. I would have thought that the casino is more interested in having a larger number of visitors to make a higher profit. This is another great example of the benefit of online gambling over the traditional casinos, there is no racism or treating people differently for their believes. Personally, I prefer online gambling anyways more than visiting my local casino, because its more comfortable. I don't have to drive to so far, can stay in my home, have a snack when I want and can take breaks and watch a movie if I am too tired.
No, you don't need to be sad about them but it's only a normal trait of some people. There are people who are shy or insecure about their selves. I think some of these LGBTQ+ are like that. Maybe they advance think that people inside the casino will judge them. Not only inside the casino actually but on almost any place they will go. You know the people, they always like to tease others when they think they are a little different. But, LGBTQ+ right now have been accepted by the public so the members of those group should not be afraid to hang out in different establishments. Casino has no gender restrictions, just age although playing online has other benefits so maybe this was also the reason on why some of them prefers it. |
|
|
|
|
Show Posts
