Sorry to raise this topic over here, it was too heavy for me to answer all alone so I decided to share here to see some reasonable answer from those that have been in such situations. An hour ago, I went out with a friend of mine and it happens to be a drinking hall (beer parlor) where he got drunk and as well trading.
The question is, can you trade while you are already drunk?
I was asked this question because I have never been in that mood before being drunk while trading and those who have been in that condition what was your actions and reaction while trading because I noticed something very hard for someone to be drunk and as well trade, do you make profits or keep losing maybe do you close your trade after being drunk.
I have reason where this topic should be posted but if any of you think this topic is not at the right place then suggest me the proper place where I can moved it to I will be very grateful.
The floor is always open for more discussions.
You can always trade even when you are drunk, but the chances of winning your trades is very rare as mostly end up losing them. Trading is quite hard and difficult to succeed, so if one trade without the ability to monitor the market consistently, he will always end up failing and lost his money. That’s exactly the reason why people only trade when their minds are active and fresh, and not that they are bothered and not in their whole self being. |
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For long now I have been reading lots of interesting testimonies around the forum about their experience and achievement they made through bitcoin progress. Something very important came into me to know how do you feels whenever someone said of their investment and how it yielded and they made fortune out of it.
Do you feels your late getting involved to the industry and do you wishes to be like them, and if you were in their shoes would you be able to utilize those opportunity they got or you won't afford to bear the risk and get involved?
Lets discuss wisely and get the best from ourselves.
I know I am still struggling in making my trades and investments successful but that does not mean that I cannot appreciate the good things that are happening to other people. They deserve the success because they are entitled for it, which only means everything they did in the past paved their way into its success. And never will I feel self-pity seeing they have an edge over me, because I know in the right time I will also achieve what they have been experiencing right now. Stay positive and good things will eventually follow. |
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The less riskier from Real Estate and cryptocurrency is Real Estate, but less risk,, less reward. The risk that come with the higher volatility of cryptocurrency makes the profit that can be gotten bigger. Will you go for less risk, or big profit? Risk is the measurement of how tough and difficult a certain investment is. Regardless if it's low risk or high risk, the success of any investment will depend on how we will properly manage it along the way. If low-risk investments are bound to be always a success, why are there still established and recorded failures at those considered a less-risk investment? It just means that as long as there is a risk, there is no success in any investment without having a serious approach. True. Everything that involves risks, we should address it with serious and positive approach because that’s the only way that we can lessen the risk and improve chances of becoming successful and profitable in the end. That is why despite of the high risks involved in bitcoin, most of the young investors are still aiming to invest in it successfully since it will create bigger profits and generate a passive income most especially if you develop skills and enhance your strategies to make it work. |
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That is certainly true. It’s always life threatening to take a loan and used it for investments that don’t have guarantees if you will gain or lose in the end. Though some lucky investors have started from taking loans and able to manage the risk and handle their borrowed funds well, but that is not happening to all investors who take the risk in taking loans. Some have put their lives into worst situation and eventually live the poorest of the poor. That’s why if you want to invest responsibly, do not invest above your means. Use your spare money to invest so that if you lose, that will not affect your finances.
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Mate you already have bigger things to resolve — screw bitcoin for now lmao. Also noting that friends&family and volatile investments never go together well.
You can later introduce bitcoin to them if your family is already working well. For now, just learn to avoid things that will trigger the issue on your family. You cannot expect them to listen and agree with you especially when it comes to volatile investments. They will only think that you are only making the situation worst and that you want them to easily lose their money from useless investment. |
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You did right posting your losses, there were many threads about gamblers winning and these temp people that its possible to win big amounts of money, by showing them your results you just show the true picture of how gamblers have their highs and lows in their bets, those who earlier post their winnings are just bragging and wants people to show admiration to their skill, but you are different you show them that things are not easy and they should play with money they can afford and not to be tempted to be like those who pretend to be good in winning.
OP just want to show everyone the reality about gambling, and that there can be no big wins without enduring huge losses at first. Well anyway, thanks OP for making it clear particularly for those beginners in gambling who are dying to win huge amount like you had won. Now, they will refrain from messaging you because they know already that you are just trying to recover your big losses. I think what all gamblers should realize that gambling should not be seen as a source of income, or instant wins, knowing it could also lead you to a life changing losses if you don’t gamble responsibly. |
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Frankly it is an issue if you consider it as an issue. In long run KYC verification is important as you grow your account. Imagine a situation where you have ton of money in it and suddenly there is site crash or let’s say there is hack or something and your money is lost. You can always claim back your funds by show casing validity of your account. Because in above mentioned events things could go south to north quickly and they might start investigating about it. Since you will have your verification done you can prove your identity or in some extreme cases you will be able to file law suit against the casino if they deny the refunds or lost assets. If you don’t wanna get verified then decentralised casinos are there but who knows the validity of same?
I have to agree with this. KYC will never be an issue for those who understand the real importance of KYC verification but for those who only sees as a requirement alone rather than its importance, they will always have to say negative about it. Wait until these people will experience some errors in their deposits and quickly lost their funds, I don’t think they still have to question KYC when it’s the only way they can retrieve their funds. |
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This is good for newbies in gambling who have not experienced the worst losses yet. As for me, I don't think it's necessary to take the test because I have already learned from my mistakes, and I feel like a brand new gambler now. Becoming a responsible gambler isn't easy, but through learning from experience, anything is possible.
What would happen to a gambler if they took that test and found out that their addiction was high? Would they take it seriously or not? I think most of them would disregard the result because they still love to gamble.
Probably, they won’t deal with the result seriously because they will always think that gambling addiction is still good as long as you still control your losses and you still manage your gambling activities. So they don’t have to worry at all. But when time comes that their gambling addiction has come to its worst, wherein they used up all their life savings to chase profits in gambling, that’s the time they will worry on how to control themselves from being addicted from gambling. Btw, I think I don’t have to take the test knowing I’ve never been spending most of my time in gambling, and I can still live my life even without gambling. |
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Is street gambling safe?
Does it prove that street gambling is not safe? Yes, it might but it all depends on the players. Will u play your bet with people you know are no good? No right? Maybe we can't really say until it happens but how about the chance that you can get yourself harmed, I'm not saying that don't play street games or don't bet on street gambling what I'm saying is please do choose who you play with wisely.
No street gambling is not safe whether you are playing with unknown people or acquaintances when it comes to playing that can be considered risky, your safety should be your main concern, that is why we have physical casinos where people can feel safe, relax, and can unwind, street gambling not only has a lot of risks but you can encounter thugs and cheaters and you have no control of the situation, sometimes spectators of the game are the one that will cause trouble so it's better not to play in streets. Even if you know most of the players out there, but you can’t have an assurance that you won’t be cheated since street gambling has no fixed rules and there’s no gambling managers or supervisors that will secure the transparency of the games. That is why some street gamblers end up being cheated and harassed especially in places where there are no authorities assigned. So I’d rather chose gambling in reputable casinos than in streets gambling where risks are high and are very dangerous to play. |
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The most popular mistake that newbies make with online casinos is avoiding the rules and regulations, not all online casinos will put up a warning sign on their first page and say 👇
"New users are welcome, please read our rules and regulation before making your first deposits"
You have to look for the website FAQ and go through it first, I have seen some newbies that avoid doing this has they ended up shooting themselves in the foot.
Some even start spreading FUD on the forum about these gambling platforms that did them wrong, not knowing that they are the ones at fault, they are guilty because they don't read the rules and regulations.
This is not for newbies only but even long-time players still make the mistake of skipping the TOS and the FAQ thinking that all casinos have the same FAQ, until they found out that it's different from the one where they used to play and when they filed a complaint. It should be your nature to always check, read and be familiar with every casino's term that you're playing to avoid scenarios that will put your account in trouble. If you aim to gamble responsibly, you should always take caution in every step you want to take, like reading and understanding the TOS first and reading on the reviews made by gamblers who have experienced playing in the site, that way you will be guided properly before you make your initial deposit. That is also one way to avoid filing complaints on the site and giving them negative feedbacks since you are the one who is at fault by not reading and understanding the terms and conditions of the site. |
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I think creating a new thread for reviews and rating is a good idea in terms of convenience. Even though we already have an announcement thread for each gambling company, it would be great if there is a thread that has the list of the casino dedicated to ratings and reviews.
But, as good as the idea sound, I think it requires lots of labor for maintenance and updates. If anyone can do the @OP idea then I think it is great in terms of convenience.
This will be a great advantage for us especially for beginner gamblers as it will give them less chances to be scam from gambling. But it will surely requires another hard work on part of the forum just to keep the convenience for the sake of gamblers. However, gamblers should also do their part when gambling and never gamble more than an amount they can afford to lose. Just gamble responsibly, and never see gambling as a source of living rather than an entertainment. |
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In the long run, you can not win the house. The chance you can be lucky and win big to become rich will always be less than 1% while in long time, the house will always be the winner.
Just as it has been advised several times, gamble for just fun.
Right. Gambling casinos are designed to make an income out from players, and not that players will in return take advantage over the casinos. Even with the arise of AI projects, still we cannot beat the house. So I don’t think that the house will be threaten with this AI projects. AI cannot predict something to happen, most particularly in gambling where everything comes with luck. |
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Likely your friend is an addict that have spent huge amount of money on gambling, the best would be to just channel huge amount of money on something else. If he is feeling tempted and not able to use small amount on gambling, he should leave gambling for many months without visiting any gambling site or place, he should focus on business.
His friend won’t be acting like that if he is just an occasional gambler who also gamble at a minimal amount. Surely he’s now regretting all his losses from gambling and wishing he hasn’t done gambling in the first place. In this case, if you think you cannot control yourself over gambling, maybe because you see gambling that can give you great profits or you can earn living from it, then leave gambling for good. Gambling casinos will always have the edge over players, so gamblers should always know that and gamble responsibly. |
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If entering the markets will be based on you to first see some green candles or anything in those lines,am sorry you aren't ready for the markets and this will hurt you in the long term.
You best option to give yourself a winning chance and an edge over the markets is build a solid trading strategy this will help eliminate any emotions that get you to doubt your positions and will also allow you to apply good risk management to protect your capital.
Ultimately we also need to agree that we can't win all trades no matter how good of a strategy we have, let's accept losses to be part of the trading game!!
Trading is not an avenue to make you an instant wealthy with less than a year. It does not guarantee consistent profits, but it’s even more visible in making you losses most of the time. Most especially if you enter trading without knowledge and little bit of skills in trading, then you will never be profitable from your trades. And also trading with emotions is never advisable. If you feel that you find it hard to control your emotions in everything you do, particularly in trading, then it’s certain that you will hardly make profits from trading. |
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Hello everyone.. I'm am new in Bitcointalk.. I don't know the proper work.. I have participated in a signature camping which is free.. They are accepting Jr member.. The camping is helpful for me because I'm new and I don't know how to do signeture camping.. That is my 1st signeture camping participated.. I requested everyone to help me. I don't know how to do signeture camping!!  You should have started learning from the forum and explore everything whatever you can read there because that’s the only way you will learn on how to be a good signature campaign participant. And not that you eventually participate in a campaign and leave you clueless on what to do there, and how you will become a relevant member when everything you do is spamming. Always acquire knowledge first before you start your decision making. |
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Does it really help them? No, and I don't think they need to do that just for the sake of stopping people from becoming a gambling addict. Instead, they keep encouraging people to gamble on their site and enjoy themselves.
Honestly, being addicted to gambling is not about the site, it is about losing control of ourselves. Though they are saying just gamble moderately but in the case of addiction, they have nothing to do with that but to let them play, instead of stopping them.
Gambling addiction is certainly a choice. If you see yourself experiencing it, then you should be responsible enough to stop gambling and avoid gambling at all cost. And not that gambling sites are given responsibility to stop them because honestly, it will definitely not work. Gambling casinos are designed to make money from gamblers, and not that they should stop them from playing whenever they have lose huge amount from gambling. If gamblers will chose to continue gamble and lose their money, that’s already their problem and not on the casinos. |
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I want to know if it right for children that are of 10-15years go in to trade or not because I have a kid friend of about 14years and very eager to learn trading but am scared of the lost and how long it will take him to understand what his doing, because it hasn't been very easy for me. So what your opinion please I need help? because I think is too risky for them to go in to trade for now.
I don’t see any illegality if kids will be taught about trading at an early age. Kids have different interest and passion so might as well enhance and develop it rather than discouraging them about trading. However, knowing the fact that trading is never easy and will always require complete understanding on trading before trying to engage in it, then your kid friend should not be allowed to trade for now as his mind is not ready yet to incur consistent losses as that’s what trading is all about for first timers. He’s free to learn actually but he should avoid trading for now knowing it could cause him trauma if he used up all his allowance from trading. |
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It's such a great idea inviting people to know about cryptocurrency and the potentials it can offer to those that are into it, but on the other hand I hate being blamed for any losses someone might incur because he or she decided to invest into crypto because I told them to do so.
Be it a relative or colleague I can only introduced you to the idea of the existence of cryptocurrency but never gonna try to convince you to invest, as I don't know your plans before you decided to invest and with the volatility of the market there's much chances things might go as you had planned, so I now git caught up in the blame net.
The same reason why I never want to convince someone to invest in a high risky investment because I don’t want to take the blame when things did not work in the end. Though I have high hopes that bitcoin will never disappoint us and will give us life changing rewards, but there’s no guarantee that bitcoin will stay that way forever. I can always help people on how to learn and understand about bitcoin, but I will never force them to invest in it knowing there’s also high chances of losing from bitcoin especially if they will only invest for the sake of getting rich quick. |
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It will only be dangerous if you submit your KYC to non-reputable crypto services or exchanges. But if you DYOR first before trying to submit your KYC, then that will prevent you from being abused from your own KYC details. KYC is unstoppable these days, as even small banks and small insurances are asking it, but what is more important is that you only pass your KYC if it’s really necessary, otherwise don’t bother submitting KYC.
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It is important to take note of the following key factors to owning Bitcoin and what you stand to get from that action, first I will like to build in you the background mindset of the important of knowledge/Education and it resultant impact on your bitcoin journey.
Before you make up your mind to buy your first bitcoin as a newbie who does not have a basic knowledge and understanding of Bitcoin, you should know that, no matter the amount of money in your possession without knowledge and proper understanding you will end up in frustration because you will lack that control over you ability to analyze the current condition and even getting yourself exposed to some criminals e.g hackers due to the inability to protect your wallet and what's have you.
HAVE KNOWLEDGE FIRST BEFORE YOU BUY BITCOIN
The afar bolded term capture the entire message and essence of this thread, and any contribution or suggestion is welcome.
That is the most proven and effective way not to end up regretting why you bought bitcoin in the first place. Knowledge is essential, so you should have an adequate amount of knowledge before taking such investments, most especially if it’s a risky investment like buying bitcoin. Because even if you have all the means to acquire a lot of bitcoin and store them in your portfolio, the fact that you don’t know how to run and manage your investment, then you will always prone to failure in the end. The reason why knowledge should be necessarily obtained prior to investing. |
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