Or that they are using traditional ways to trade which isn't applicable to bitcoin and other crypto since crypto market is so volatile or maybe the claim that a lot of traders aren't profiting from trading but wouldn't we see them quit after awhile if they're not profiting at all, if that's the correct or closest to the right percentage, that would mean that a lot of these traders are either not really trading and the stuff that come out of their mouth are either nonsense that they can't back up which is sad and frustrating because that would mean they've been deceiving a lot of people but that's a far fetch theory too that they're not profiting and that they're lying to their followers too because someone would've called them out a long time ago.

That's not how it is for slots though, the odds of slots are equal to all players. The outcome is different because we're only seeing those who wins and the different slot combinations for each spins and so we think that it's different but in the mathematical side of slots, the probability is always the same for the combinations, sometimes it just so happens that some hit the winning probability more than others. Same for me, slots in a casino is the best way that you can lose your money, there's a reason why there's a lot of slot machines in the casinos all over the place, they also have the highest house edge I think so definitely stay away from slots as they're really a waste of time.

If you can do mental maths like Ferguson and Simons then sure math and gambling definitely goes hand in hand but if you're not a savant like them then it's going to be the same for you and everyone else, all of us will have the same luck and chances in winning in gambling so I don't advice that you should bank on the fact that there's math in gambling and that you can use it because it's difficult to do math if you're not good at it and you can't do it mentally, unless they allow calculators when you're playing then go for it I guess, you could probably use math the most efficient if you are playing lottery, since you can just take your time doing the calculations to pick the right numbers.

That downgrade joke isn't a reflection of the person, it's more of reflection on the effects of gambling and that whatever opulence that gambling offers and the glamors that are shown in gambling, it's all just a facade, it's a funny joke but when I look at it in serious perspective, what I've said earlier is what I understand about that joke. I don't have any jokes I can think of about gambling that are worth discussing but I can recall one that I've seen somewhere.

Why casinos ban leopards?
Because they're cheetahs, get it? I'll see myself out.

It's a mix in opinion regarding this but for me, I think that it's alright to wear something that resembles bitcoin in public, it's not like it's going to be a big deal but I don't want to sound tone deaf but I am speaking in experience since I live in a pretty safe city and neighborhood so consider that when you're wearing that and also you need to consider the popularity of bitcoin among the common people because if they don't know a thing about it then it's probably alright for you to wear it anyways. To me, if someone approaches me when I wear something similar to OP and asks about stuff regarding what I am wearing which most of the time isn't bitcoin related, I just tell them that I am not a fan or enthusiast of what I'm wearing, I just like the design so I bought it or sometimes I tell them it's my brother's clothes.

The problem with that is OP needs to set up the whole environment for Linux right? And if OP doesn't have the basic knowledge about Linux then he's going to have a problem. Although I do agree that Electrum is the best one to use for PC and that air gap would be a necessity. Also, OP needs to understand that the PC should be brand new because you never know what's lurking in that 2nd hand PC that you've brought online or wherever you've bought that PC.

1% isn't a lot and it looks to me like if you do allocate this for your gambling habit, you will probably end up having to end your games unsatisfied because I assume that that's not a lot of money and you will likely to end in a lose which leaves you frustrated too since the Gambler's fallacy within you is going to act up and then you will end up having to bend your promise of spending just 1% of your income to gambling which will snowball to 5% then to 10% until you go beyond the tolerable amount. For me, it's best if you don't do percentage when it comes to budgeting, set a real amount so your mind is tricked into not going overboard.

It's nice that someone's able to get some benefit out of gambling, I hope that this is the case for everyone that's gambling out there, for them to be able to get something positive out of gambling instead of just frustrations, anger and greed. As much as I congratulate OP for having gained those skills and seeing it improving his daily interaction with other people, I can't help but feel like this might not be applicable to other people, maybe you're already a social butterfly before you have gambled and it just so happens that you've improved more your already innate ability to socialize because sometimes there are people out there that's not really good at socializing and even when they gamble, they didn't improve in that aspect.

I guess when there's a side that will win or lose, betting will never know no bounds, pretty sure that there are people out there that's doing bets with their friends on this kind of stuff, these betting site just happens to want to make a profit out of it, although deplorable we can't blame these soulless people to do this kind of stuff. I don't know how to deal with this, probably just ignoring it might work as even if we were to make a big deal out of it, it's not going to help those that are affected by the war anyway, better if you donate in the relief fund for those affected by the war than be mad about this crazy bet.

Well, it definitely is just an assumption or more like conjecture since OP didn't present any information that might support the claim but a little observation is helpful to know if there's a possibility that this is the truth about income level in gambling, that there's more rich than poor people gambling. I wouldn't say skill is the defining difference between a poor player and a rich player because there are rich players that are big losers in the casino meaning that skill doesn't define your income, the biggest defining quality is already stated, the rich ones wins the most because they got the money and when they bet or gamble, they tend to put more money on the bet which would result in them getting a bigger win compared to a poor player betting a small amount and winning, maybe the size of the bet and resulting reward for the win is what's making us think this way and if this is the case then it's a matter of perspective of who's gambling more, the rich or the poor but that can only work until there's data to be shown to prove all the conjectures wrong.

Easier said than done if I'm being honest especially if you're the type of person that plays with your friends who are also gambling addicts, and you succumb so easily to peer pressure then I guess you're most likely to continue playing even after a win, there are also other indicators like quick decision when ecstatic or feeling a great surge of happiness or quick to anger due to frustrations and I believe that if you've got those two, you are likely to keep playing because it means your actions are easily influenced if not dictated by your emotions.

I think that even if we say that we cash out after a big win, it's difficult to believe that people are doing what they're preaching especially when something involves money, it's difficult to be straight with your principle when at every corner there's temptation to bend what you believe in, my point is that sometimes people who reply on this kind of advice threads don't practice what they're advicing.

As for me, I might not be able to completely quit after a big win, I know myself that I'm going to continue gambling no matter, maybe that's why I believe that those who say it's easy to get out are idiots, I guess when that happens I'll be gambling much longer than I normally do in a day.

Everyone can gamble, only problem is that not everyone has the money to keep going, it just happens that rich people have bigger bankroll to be able to keep going on. I do agree at the first part of the title though, gambling is definitely for the rich people but that doesn't mean that it's exclusive to them and sometimes it also varies from the type of game or how big the casino or gambling place is, take lottery for example, it's a cheap one and the return is larger than anyone can expect but the odds are pretty low for someone to win but poor people are the biggest lottery players because they know that the possibility of winning is slim but it's worth it when they finally hit it because the win is a life changing amount, take another example of gambling being for the poor is just your local bingo place, you don't need a lot to participate although it helps since you can buy more cards but still you can still play and win anyways.

Now even if they're the owner and that they can bet, that don't mean that they're going to bet anyway. I think that these casino owners are probably too busy with other stuff like running their casino and dealing with other internal stuff to have the time to gamble in their own website plus as a businessman, I don't think that gambling is a part of their liifestyle, they're better off gambling that money in stock market or in their business by recyclin the profits back into the casino for improvemens. Maybe it's a bit off-topic but OP added the word casino so there's that word that makes it immune to being called an off-topic.
That's an illegal thing to do I think? Rigging the game just because you are the owner is a violation on fair game policies in countrie because you're basically like doing an insider trading but in your own casino where you rig the wins and hopefully deceive some people that they can win in the casino just like you did. What do you mean by whitewash? Based on the complete sentence, it seems to me that you're describing money laundering, I don't know any other way that what you're saying could be anything legal.

Can't blame OP, it's not like everyone here practices what they preach strictly anyways also it's not like OP is trying to be a gamble hardcore because it's free bets right? It's not like OP is spending money. The difference was that OP's father's life got ruined in gambling because he spent money and got addicted to gambling. You're wrong about countries regarding allowing these betting companies, they allow them not because they think it's fun and entertaining for the people, they allow them and regulate them because gambling is a really good way to make money for the country through taxations on these companies, gambling industry is very different from entertainment industry in terms of why they're regulated and allowed.

They will never be ashamed, that money they're earning will always be their priority next to their dignity. They are in no way going to starve themselves to keep that dignity plus most of the people working there don't even know a thing or two about their services or they didn't bother to learn, the point is that not all of them are complicit to the shit that Freewallet is doing maybe the the top level employees or the boss but not the low level ones. I did my due diligence of reporting them but it seems it's going to take a long time before this can be done. Did the same thing that @rohang did, shared it with some of my friends.

I don't have the experience of using a demo trading account but I've seen a lot of mixed opinions about it, some people seem to like it as they've said it's a useful tool for newbies to try and experience trading without the worry of losing real money and those that say that demo trading account is a waste of time because what could've been a win in the demo could've been a win in the real trading and some of those people believe that you got to experience the real deal to be able to really do it. For me, if you're a newbie in trading I feel like it's going to do you good if you do this to at the least make a feel for the environment of trading and you're risking nothing practicing in there for awhile.

You should close this topic already OP, I have checked already and it seems that your questions already answered pretty much since it's not a complicated question anyway, you could've made it easier for yourself if you've just done a simple Google search or something but I understand if you don't, it's better that some people will tell you all about it in case there's difference. Also what tips are you exactly talking about? It's kind of general in your case because you don't ask about tips regards to something.

That's why should be careful when you're investing because the opinion in the market is so volatile that the people aren't sure whether the market will go this way or that way. The problem with basing decisions on own research is that it's not really your decision entirely, you're influenced by the people that you've read your research from so keeping that in mind, you should know that you aren't truly deciding out of your own will but by influence but that's not a problem, some of those articles you've read about or people you've heard talk about are probably right on the money on the movement of the bitcoin market so I don't think it's bad entirely it's just that we use some terms a bit loose that it loses the meaning. One thing that can help you alleviate that uncertainty/anxiety you're feeling in the market is by investing only what you can afford to lose, that way you won't be crying when the price goes down and all of your money will go down in value too. Regards to diversifying investment, it's a good idea for some other form of investment but it's not so good of an idea in crypto, just stick to bitcoin if you're a newbie, better off playing safe than giving your money to the shitcoin developers and making them more rich.

The problem is that self-control is a difficult thing to do especially if you're trying to suppress the feeling of winning which is difficult because your mind is subconsciously trying to tell you that you have to rake in more wins and hope that you can get lucky again with your trades but then it doesn't go your way and then your ecstatic feeling will be replaced by frustrations and then those frustrations will make you do more bad trading decisions leading to more losses, trading isn't the same as gambling the effects that they give wwhen you win at gambling and when you earned a profit in trading is the same, the only difference is that with gambling you don't really have control on the odds while in trading, just a little analysis and some smart guessing and you're good to go.

I don't believe that its the trading that ruins the person though, not exactly trading but it's more like the person's behavior towards trading is what's causing the ruin, what I mean by that is that when someone's obssessed with trading, they forget the fact that it's not just the only thing that they have to do in life and so they end up having to neglect their other responsibilities because that person wants to focus on the market and watch it 24/7 which isn't the healthiest behavior.

Good question, I don't have any plans yet because halving doesn't equate to bitcoin quickly going up in prices. If it ever comes to that, I would be comfortable enough to sell at the price that I've set to sell my bitcoins since I have a decent amount already and then get about 30% of the profit when I finally sell to use the money to buy some stuff that I need to buy for my house and then the other 70% would be staying my wallet because I plan to buy back into bitcoin because I know that it's not going to be going up forever and with that knowledge I will be waiting for when the price goes half of the next ATH or maybe even lower than that to get in again.