Now that you share this? yeah i may consider doing this but first I will review my daily income to make a deal with my wife   but 1-2% is just a small amount to spend and risk(also to take chance being lucky) now that I may spend that small amount then i can play the maximum winning I may try . You're a very loving husband. Personally, I don't tell my wife that I gamble. It's not that I don't want her to worry; rather, I view gambling as a form of personal satisfaction, much like her shopping with her friends. I don't mind whatever business she's doing, and I'd like my pursuits to be treated in a similar manner. Families with joint or linked banked accounts would question one another about how they spend money. I don't know how you'll be able to escape such questions from your wife, if she focuses on asking about your activities or notices that you are a gambler. It's not simple to keep the truth away from them. Except you don't have a joint account with her, I'd say your decision is great and it also makes you a loving husband not every woman would feel comfortable about having a gambler as a husband. We've had similar discussions in this forum about letting our spouse know about our gambling habit. But, it feels good to discuss gambling with our wife, if she's not worried about it. From the Op's idea or strategy, 1% is great for any household and our partner would be happy to discover how money conscious her spouse is, instead of winding up the income. Causing trouble for the family. Which is basically where the family problems erupt. And why most women hate gamblers. Aside that, if you're a responsible gambler, it'll be rare to find her sad or wary about the gambling habit. Thats one of the main cons when you do have a joint account specially into your wife, you would really be able to monitored out on what are those spendings that you have done and it would really be an inevitable thing that you would be asked out and this is something that i dont like. This is why i do really have that separate card of course but still my wife do really still need to check out my balance and she knows on where money will really be spent. The only thing that i do like is that you do really have that able to save up for yourself, not on being selfish but we know that it is really that entirely different if you do have that money on your pocket or in card which you could be able to spend on when you do like. Speaking about risking 1% of household income in gambling then if those things are speaking about joint account then expect there would be questions asked about that 1%. We know that women are really that too eager on knowing everything when it comes to finances specially if you do have a family to feed then it would be normal to raise up those questions and this is why i dont really see it for it to be a big issue. |
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because the halving era is still quite far away and what you say could happen and be prepared to accept the fact that there will be another correction before it increases next year. Always being alert and optimistic is of course okay.
I tend to be more optimistic when I see market conditions continuing to improve like now, because I see that the price of Bitcoin today has almost touched $39K, which means it is very close to the price of $40K. So if this December can continue to improve like now, I think Bitcoin could exceed $40K by the end of the year because an increase in prices like today could make more people feel optimistic about market conditions and Bitcoin and other cryptocurrencies too. btc opened at a price of 38k earlier this month, there are still 30 days left before this year ends, but if you look at the current conditions the bitcoin daily chart shows it is stable and tends to rise, can we see bitcoin reach 40k for the first time this year.
I think if that happens it will go straight to the 45k increase.
I'm pretty sure that everyone will be able to see the price of Bitcoin at $40K within this year if the current increase continues to occur steadily in the market. Because an increase like now can also make more people hold Bitcoin and not immediately sell it even though they have seen profits in their investment so far. So it is very possible to see a price of $40K if the price increase continues this month because every price increase always takes time so I don't think that Bitcoin can go straight to $45K this year. Now we are already on the start week of December on which it did really start on some green candles and the fact that we are really starting to see on Bitcoins price on trying to reach 39k on which we are really that hear on 40k would be anytime soon but of course it would really be anticipated that there would really be a strong resistance into that point on which i wont really be shocked if there would really be some rejections into that level but of course not everything would really be so easy and everything would really be taking up some time. For now lets just cherish the moment specially into those people who had been able to get in into those low levels on which the current price is climbing upwards on which it isnt really that bad on taking up profits as of this moment. Will it hold? there's no one could really be able to do so if we do speak about future events or happenings because future isnt something that could be known and this is why it is always been considered to be speculative. We dont even know if there would be some massive corrections once we do hit 40k or 50k and so on.. This is why it would be wise that you should really be always prepared. |
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I feel sorry for your story. Ordinary taking loans, which we don't intend to do anything meaningful with, is not advisable, especially for it to be used for smoking, using loans to pay back loans, or even to be used for gambling. It's highly irresponsible for someone to do that, but as you already have realized yourselves that you are getting addicted to gambling, I think that is a good sign that you can get your self out of it.
What you just need to do now is to make sure you don't break your decision of not spending much or even taking any more loan in other to gamble again as a result of looking for fast means to repay the loan. It's just a matter of time and dedication: You will be able to repay back all those loans. Your financial status might change over time and you can start earning higher than you are now, which will create a great chance for you to repay back in time earlier than you estimate.
Absolutely correct, many people just put them selfs into danger by collecting a loan that they don't want to make use of. However, the aspect of taking a loan is not to gamble, you can collect a loan to settle urgent bills and other things that are important but I don't think that it is a good idea to collect a loan just to gamble, if a gambler sees betting as fun then such gambler isn't supposed to collect loan just for the sake of gamble and catch fun. I think the Op should just learn how to control his gamble habits and focus on how to pay back the loan but he should not put in mind that he will win to pay back the loan because that's what caused him to borrow the money at first, when he was trying so hard to recover his loses. When someone is taking a loan to gamble, what does it mean? It only shows that he does not have the money to gamble himself and he is borrowing the money. This also means that the gambler gambling with the loan money in 100% sure that he will win in gambling because if he loses, then how he will pay back the loan (when he has nothing with him) ? The only way for the gambler is to look for both sides of the picture and focus more on the dark side. He should ask himself how will he return the loan if he loses in gambling. Once the person honestly thinks about this, he will refrain from taking this undue risk that can ruin his life. Basically and it is something that means that there's no money left into their pocket or into their banks on which they have decided on making out some options that they would be taking up some loan for them to play even further on which we know that this is something which it isnt really recommended. Also, no one would really be easily granting you some loan if ever you dont have the capability on repaying on time. If we do speak about into those lendors like those people around then it would be just that normal that they do have those qualifications. How much more into those banks which would really be asking out those relevant requirements.So it might really that sound that it is really that easy to take up some loan but its actually not. If ever someone is really that able to get those loans then spending it on gambling will really be just suicide.There's no way that you could really be able to make those loans to be repaid back on due time because you would really be needing to cope up on what you had lost and since these loans have interest then it would really be a burden. If you dont like on suffering when it comes to financial then it would be always best and better that you should really be that avoiding it on the first place. Gambling is for fun and getting loan and play with it is really just suicide. |
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CONCLUSION
Since, ones mindset can be changed, it's better for one to develop a growth mindset towards all one's activities in life to achieve a great result. Develop a growth mindset toward all your goals today to improve on your business, studies, etc.
Do you know that there are many people who are okay with what they have already and the achievements they have made that they are not trying to grow and be better. There is a sense of relaxation about pursuing growth when someone become comfortable, comfort is a the wort addiction which can make you remain stunted. Growth is always expected, when someone gets to one level in life, instead of relaxing and getting lost in the comfort, there is a need to still be hungry for growth to another level. Well, this is actually true on which on the time that you would be finding yourself to be that confident and contented on the current situation you are in, then you wont really be seeking for further more progress or something that do speaks about trying to achieve on something and this is why they would really be just staying on what they are in terms of financial aspect or whatever they are getting involved into. We know that each person is really that different when it comes to perceptions and goals in life on which there are ones who doesnt really pursue that much because they do know that when it comes to capacity and skills they are really just that good on a certain level and thats the time they would really be deciding on stopping and get contented on what they have. There are also those people who wont really be stopping until they would really be able to get or achieve their dreams and this is something not bad either. You are the ones who would really be able to find out whether there's still something that you can do to make yourself way more better or really just simply drawing off that line and telling that it is really that enough. Fixed or growth mindset then it would really be entirely be depending on someones personality since each person is really that different when it comes to this. |
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Things don't work the same way for everyone, especially when it comes to gambling, the outcomes are always different for different people playing the same game because it's all about one's luck whether they will win or lose, and if they win, how much they are going to win, and if they are losing, how much in total they are going to lose. So, I don't think that it's just a game or a series of games that we should blame because it's our luck that isn't favoring us in this thing.
Talking about personal experience, I'm actually in the same boat as you because I've never won anything very significant from slots games, it doesn't mean that I never got any big wins, but they were never big enough like some people get 1000x or even higher, the highest I've ever got was 100x.
That is what each gambler will get when playing slot games because they will have different luck. Perhaps there will be many of them who will lose a lot of money while only a few people can from the same slot game, so they really hope for their luck to come when they play slots. Slot games can make them lose a lot of money, especially for those who can't control themselves and only chase wins. They must have luck to be able to win from slot games. Very few people can actually get 1000x from slot games because it will depend on luck. Maybe gamblers can win 100x, but to get a big multiplier, it really requires a lot of luck. I've also never had a big win because my luck probably hasn't come around yet. But I can only win a certain amount of money, which often doesn't break even. It's very rare to break even. Slots games known to be having that very huge house edge on which this is way more than on a dice game could have on which it would really be that so hard to win up but eventually there are really gamblers who are really that interested on playing such games on which it is really that evident and really that obvious if we do see on the number of players who do play on slots on which it is really that actually we could say that interest is really high. Yes, we've been able to see those winners who do really make out those kind of big wins on slots on hitting up jackpots on which it is really that possible and could really be done but actually this is something that could happen but of course it would really be needing that kind of extreme luck. These kind of big wins or jackpots could really trigger out that kind of interest on someone specially if they have seen that they had only bet up a small amount and hitting those jackpots and this i could believe that it is really one of the triggers on why people do really tend to play even further. |
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It is a very effective method for traders through which a new trader can earn money and learn trading. Normally in Copy Trading a trader can learn a lot by following an experienced trader. Copy trading provides a good opportunity to know how and when a trader should take trades and what his expectations should be. But trading must take risks. Since a new trader trades by copying others through copy trading, if that trader makes a mistake, he will also face mistake, his loss means your loss.
You are on point but I will not agree with this opinion despite I know it has its advantages but without doubt, the disadvantages are more than its advantages. Aside that the of the person you are copying their trade is also your lose, it also makes you to become too lazy to do your own analysis. I mean when you are addicted to copy trade, you'll become too comfortable with it and solely rely on it to trade and when you don't have someone to copy again, your trading career comes to an end. Of course, copy trade can help you to compare and come up with more reliable analysis but I advise one to learn and focus on making trade on their own without being reliant on someone. Yeah that's the point, what if the person you are copying decides not to continue, what will happen to you? things will not be the same and chances that you will also end your career or you'll risk another trader and try to copy again, but the knowledge that you supposedly learn will be nowhere to be found. Though we really can't push someone to whatever desire they've got in mind, it's their money and it's their obligation to protect. Well from the sounds of it the OP is an experienced trader or maybe know how to trade and can earn, what he meant is an another option for him to follow like trading signals or trading groups that could give him an idea or analysis in trading so he doesn't need to always think and over exert his self, admit it trading on your own in exhausting, even if trading on your own accord and earning from it is good or rewarding but we can't ignore that it is also exhausting, not just for our body but for our minds, so sometimes we need to rely on something to have time to rest our minds to think straight, that's when the trading signals and analysis comes help, we can only use those as guide and reference not for us to fully rely on it, in short it's not bad to see trading signals what's bad is fully relying on it. You are the ones who could really be able to find out if we do speak about trading related things whether you are opting for following someone or paying up on some paid groups or would really be just going solo. It would really be entirely be depending on you because if we do speak about choices then you are the ones would be assessing each thing whether it works on your part of not because if you do ask someone on which one is worth then they would be basing up with their own experience. Also, you wont really be stopping yourself on testing it out if you are really that interested when it comes to social trading or copy trading. It is really normal specially when we are still a newbie on which something like this would coming up into our mind. Honestly speaking, there's nothing to be better if we do speak about trading in our own.Why? It is really something that worth on engaging into trading on your own since you could really be able to enhance up yourself when it comes to trading skills. |
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I'm so happy that alot of peeps have confirmed that they've tried the same thing severally and it doesn't workout... Do you actually think the person in question tried it for the first time and it worked?.. he be doing the same thing over and over again, with the hope to win someday and it happened - the problem there is that it's not even guaranteed!
You can become a millionaire in sports; only that the later isn't guaranteed.. there's a higher chance of you becoming broke for the rest of your life.
Sandra 🧑🦰
There's no such thing about first time hits on which it is really just that impossible. We dont know on how long he have been that making bets something like this. Lets say that in ever $20 bet on every game or whatever its available then it would really be piled up until the amount would be significant and not all people would really be willing on spending 20 bucks per day. So we dont really know on whats the back story of this whether this one is really just that break even or simply they are still at a loss. Just like the rest been saying that making out the same step or action doesnt guarantee that it would be giving on the same results on which means that you would really be needing to have that realistic approach when you are trying out to do the same thing. Luck factor would be always different into each individual and this is why you should really remove into your mind that whenever you do make out on similar behavior will make out on the same results. It doesnt happen all the time. |
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If btc is legally accepted in all countries then huge number of investors will increase. and the use of btc in various fields will increase.
what is your opinion about this?
What was Bitcoin's last ATH? Did it reach $69 000 in the market, right? Is it true these days that all countries have accepted Bitcoin? are not the only few countries that still recognize it. And most haven't, really. What does that mean, if most countries are not completely ready to adopt Bitcoin, but its market ATH value has reached such a level, how much more if all countries have accepted Bitcoin, eh, probably quickly in 24 hours the price value of Bitcoin will suddenly reach more than 100k$? I completely agree with you. Despite the fact that Bitcoin is not yet officially accepted in all countries, its price has risen to $69k. As I recall, Bitcoin reached such a high price in 2021 due of hype. How much more if Bitcoin is legally accepted in every part of the world? It is not likely to happen in the next few days, but I believe that the price of Bitcoin will hit $100,000 due to the halving next year. That is why it is advisable to accumulate Bitcoin now, while the price has not yet reached such levels, because it's highly possible that the price will never return to this current price if Bitcoin reaches those levels. Reality check, we can't expect every country to just accept btc in their financial system. But if large population will use it in their everyday payment method, definitely the price will shoot up. However, we are still just speculating on this matter. We will know the possibility if we can actually see the progress in the market. The value of an asset is based on supply and demand, so as long as demand for bitcoin increases it is inevitable that it will reach higher prices. Although it's all just our speculation, if we look at what's going on and what bitcoin has conquered, we have the right to believe and have faith in the future of bitcoin. To be honest, a goal of $100k is a pretty modest goal for me. I even believe that bitcoin will reach higher prices in the future because its demand is growing constantly. Considering on the percentage % of the overall population who do knows and get involved with bitcoin then we are really just that too small. There's so much room for us to grow more and this is why it is really that safe to assume that 100k isnt really the peak price. We know that recognition is still on the move, not every corners of the world are knowing Bitcoin existence which means that there's still potential. If we do saw different speculations in price in the market or in the internet there are even rumors of million per coin but well this is really that becoming that unrealistic or something that too far off to reach on which we know that time will tell and the demand of it will really be the basis on how far it would go. For now then it would be best that we should be taking up consideration on making out those investment position or entry within the market. We cant really just that make ourselves letting again on missing the train if ever the price would be shooting up into the moon. lol |
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I was surfing on the Instagram and found this:
I understand that this is fake and was made for a joke. But some people dont know what jokes should be ended or are inappropriate... However, since some casinos have "special" section in sports betting (why this is in sports betting anyway?), and allow to place bets on election outcome, or on Oscar winner, or on music event like Eurovision, I would not be much surprised that in 5 or 10 years we would really have such absurd betting options. And most important what scares me, that casinos will hide behind "there is a demand on such betting" and there really be people who will find this demanding.
Edit:
As people did not bother real whole post, I will make it more visible
SOMEBODY PHOTOSHOPPED THIS. THIS IS NOT A REAL BET.
I thought it was a real one, lol! The first time i do saw it, then i have in mind that on what the f*ck did i just saw? War tab on a betting site? How could they be including this sort of stuff? These are the questions that do comes up into my mind on first glance but later on then it would really be just that impossible that betting sites will really be that allowing such line considering that its never been ethical on betting someones lives or people who are dying and people do make out some bets? It is really just that brutal. It doesnt really make sense on this regard and to the one who had photoshopped it, then i dont see for it to be impossible or simply does have make sense. It is really just that people around doesnt really like on seeing these type of things specially talking about war, how much about on making bets or wager into it? |
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A lot of traders are not as profitable as they claim to be. I don't know the exact percentage but I can say and stand to be corrected that 95% of traders even the so called professionals are not profitable. How do I know this through simple deduction. 95% of these unprofitable traders make their money through other means and their unsuspecting followers don't know this. Some of the means are
- starting a YouTube channel and making money of
a) affiliate program
b) YouTube ads
- Having a paid course.
- Trading signals
- Selling trading merch
- impressions
- and others.
The true 5% of traders that are very successful and profitable do not even have a YouTube channel (only a very few exceptions). They are strictly for trading only, day in and say out.
Well, i couldn't deny that you do really have a solid point when it comes to this on which if these people were really that making money in the first place then they wont bother themselves on launching up some signals group or something that they could make money like streaming or whatsoever that you have mentioned above because if they were truly making money then they wont really be bothering themselves on creating one since they could make out money so easily. This is why its never been that believable that they are profitable with their trades, if ever they do have that good positive portfolio then it might be but it is hard to believe that they are really that making money well in trading world. Even myself would definitely focus instead on making trades rather than on making myself getting involved with these things on which we know that it isnt really that worth on doing so but instead i would be focusing on something that could make out big money. |
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Nowadays there are so many gambling sites and casinos that it is very difficult for a gambler to find a proper and safe site. Most of the time such members who are new to gambling are exposed to wrong gambling sites that cheat gamblers. Gambling is already very risky so I have no desire to make this risky game more risky. For gambling I will prefer the site which is more reliable and trustworthy. I have no experience of gambling in normal gambling sites because I am involved in crypto currency and through this forum there is a lot of information about gambling sites so based on that information I prefer to gamble on those sites which are safe. Since I have premium gambling sites, I have no need to gamble on normal gambling sites.
Most of these new gambling sites offer uncommon bonuses that look very attractive. Some of them have good intentions and want to build a good reputation in the gambling industry but others might just want to deceive people and scam them. When I see such ads the first thing I do is to research the casino to determine how reliable they are. I will check if it is registered and the licence that it carries. The next step will be to read the terms of service. But to save yourself from all this stress just focus on casinos that have a presence in the forum. This is because some of these sites that review gambling platforms are not trustworthy. Casinos in this forum are well monitored and members of the forum will be able to report any problem they experience in the casino. Most of the gambling or casino sites that you will come across with advertisements and offer huge amounts of money are likely to be scams but not all of them are good casinos or gambling sites if monitored carefully. Earning through referrals can be a bonus income for us but if we connect a new gambler to a bad casino through a referral, he may be cheated later on. We will definitely earn bonus income through referral but it must be good casino site or gambling site. If a new gambler can be introduced to a good quality casino site then he will not be cheated from that gambling site even if he loses money by gambling. this forum still keeps those casinos in check. once the community sees something is not right and the accusation is solid, the casino in question will face a lot of feedback that its operation will not be the same as they do in the past. the word spreads faster on social media as users are always on the lookout for those bad actors. and it's not gonna be easy to fix a reputation that is already damaged with pieces of evidence. We know that building up reputation is something that do really takes time and it would really be a long time, once trust is established then expect for business to be something that could be trusted and profits would comes next and its true that this community or forum itself is really that highly reactive when it comes to scams and frauds on which no matter how long you are in existing but if issues or accusations that had been thrown out would be that having that solid evidence then for sure it would really be a complete u-turn of events on which you would really be destroying on the reputation that you had built up for too long as a casino or business owner. Not all new sites would really be automatically considered to be a scam, you cant really just able to avoid that people would be sticking into those old ones rather than on testing the new ones. Come one that these old sites are ones new too, lets give them a chance and if you are really that interested on testing out then its not bad to make use of few bucks. If you do see that it is really something that works well then this is where it will give out that kind of trust or credibility building on which sooner or later if they would continue to be that way then time comes that they might really be getting that recognition. |
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I'm not a huge fan of Elon Musk - but this man has a real passion for building his empire. Everything never fails, both technically and financially - even Elon, who is famous for his wealth, can go bankrupt because of his own maneuvers to control things.
Elon Musk could almost be said to have failed after acquiring Twitter - but as one of the richest people due to his assets, Elon Musk would probably be tens of steps ahead of someone who doesn't like him. I don't know what will happen next for Elon and the leadership of platform X - but he is one who doesn't give up so easily despite repeated failures.
In my opinion, one of his mistakes was to get indirectly involved in politics, perhaps he thought he has enough money so he is invincible and cannot be taken down by competitors or public officials, there is a chance he had become bored and decided to buy Twitter and start his crusade for free speech as part of his legacy, he is not stupid, so he probably expected to suffer some economical losses because of what he tries to do, but if I had to bet, I would say the money he has lost in Twitter has gone beyond his own calculations. He won't get bankrupt easily, but it is not impossible, some Chinese company could take over the market of EV and the satellite internet network has a big competition with optical fiber.This increases the sensitivity of the situation for Elon Musk, who will not be able to keep up with his competitors, who are supported by their governments and not just private investments. Also, One Mask's other companies are not in their best condition, as each of them suffers from financial problems and still needs more liquidity pumped into them. Then these projects need more effort and development, which will take more time, the length of which cannot be predicted. I'm not saying that Elon Musk's empire may collapse soon, but no one knows his strategy to continue supporting them. There's no way that we could be able to make up some conclusions that he would really be going down just because of those things that we do able to observe. What we arent seeing here is into those back up plans that he had done which it is really that impossible that he isnt really been that hinking with those things since from the start. This is why it would really be better that we shouldnt really be that making some issues or talks about his empire to go down. They wont be called or reached out on being billionaire for nothing, it is really that quiet common for a business to have losses or negative. When to fall? There's no way on knowing that ahead. Musks isnt something that could be taken down easily considering that income sources already been that diversified. Why would really be that so mindful about his neither success or failure? |
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Sorry for OP situation. Really hope you recover from it and learn a lesson so it doesn’t happen again
Hope can be a poison as we can see from this situation. Losing your own money is already bad enough. But losing money that is not even yours is orders or magnitude worse
Shit things do happen because of shit actions that we do made, so its normal! After a mistake then learning would comes next. It is really just that sad that people would be only refrain on doing things on the time that they will be experiencing hardship, they can eventually be able to avoid that if they are really just that mindful about their actions. Just like been said by most people that it would be worth if those loan amount will really be that be used into something more useful or something that will beneficial rather than on using it on gambling. Gambling isnt bad as long you do make yourself that responsible but on the time that you are spending that much and comes to a point that you are already taking up a loan then its a solid sign that you do have an addiction. |
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Dlyou pay for signals? And how much ?
What's your monthly expenses for trading signals? Yearly?
I don't pay but i read alot people pay for signals so how good results If this ?
No, I am not paying for any trading signals. The signals I use are either free and publicly available, or I calculate them myself. In the past I bought several books and even visited a seminar on technical analysis, which wasn't cheap. For me, this was enough investment in the subject and I don't want to spend anymore money at the moment. Also, I focus more on long term trading currently and don't need so many trading signals. Paying for trading signal should always be in relation to the profit we make mit them. Let's say a day trader relies heavily on these trading signals and earns 2,000 USD with them in a month, then paying 100-200 USD for those signals seems worth it. You can just test how much you would earn in a month with and without the signals and calculate their benefit. Its never worth and it would never be and it is just fine that you should really be that relying on your own analysis rather than making yourself that relying into others. Snipping out some idea wont really be that bad either. Everything could really be free of charge and it is really just that depending on how hard you do find for those things, it all matters with the effort that you are putting and something that do talks about seriousness on how to make yourself that more better in terms of trading. Things could be learnt online and you dont need to pay up something just because you've seen someone making out some claims that they do have better results or winning trade percentage? If they are really that profitable in the first place then they wont really be tending to run some groups and would be requiring some vip fee or some sort. This do really just proves out that they are trying out to fish out into those people who do have those kind of insights that trading is something that they could be able to see from someone with less effort via means on paying up for some vip fee which it is really just that a bs idea, but well if you do have the funds that you are willing to throw or simply dont mind about spending then go ahead and join. |
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- Until now, there have been some casinos that have implemented no KYC where you can also withdraw without doing it.
and there are other casino's I knew doing this, in fact even up to now I am still playing it there every time I want to gamble.
But in this era, most of the casinos have already implemented KYC for their gamblers. And most gamblers don't care about it, as long as the important thing is that if they win big, even if it's my kyc, that's fine with them. That's what the majority of gamblers do now.
That's true because as long as we can withdraw money that is not too large, the casino will process it automatically, and it will take a little while for it to arrive in our wallet. But if you deposit a lot of money and win a lot of money, then withdraw it, which may exceed the minimum limit for a member who does not require KYC, the casino may ask you to do KYC. Maybe the casino wants to know who the person behind the gambling account is who has won a lot of money and wants to withdraw all the winnings, so the casino asks him to do KYC. But this is what he doesn't like because he has to hand over his personal documents to the casino. In fact, if it is a trusted casino, it is okay to submit the documents to do KYC because the casino will definitely take care of the documents well. But it all comes down to each gambler which one they choose. Sometimes being rich or having tons of money would be having these kind of problems and considering that it do involved huge sums then there would really be no exemption when it comes to verification. We know that government is really that strict when it comes to this matter on which it would be normal that they would really be having this kind of approach. Well, its not something bad because money laundering is never been good and since these platforms or companies are involved with huge revenue or simply talking about big ongoing and outgoing transactions so its just normal that they would really be keeping an eye to them. As these companies does have some license then it would be normal that they will really be complying on whats been asked or mandated or else then they can operate. For us small time gamblers, then this kind of rule or terms wont really be that much pain in the ass but if you are someone who have tons of money then expect something like this on where verify this and verify on that. |
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The current Bitcoin fees wouldn't have mattered to me because I am not selling, but the fees do matter because I DCA, and I don't want to leave my coins in the centralized exchange. This month, I have spent roughly $5 to $10 in transaction fees when I DCA every week. It may seem small, but in my country, it's enough to cover my feeding expenses for a month cumulatively.
I discussed this issue with my friend, and he suggested I use an exchange that utilizes the Lightning Network. According to him, this would help me get off with no fees any day. While I'm considering this alternative, another option is to wait for a month or two, then use the amount we kept for weekly DCA, hold it for a month or two, and lump sum. This way, i would incur just a one time fee. What are your thoughts on this? I feel like I may use the money kept for DCA for other expenses.
If you would really be that tending to make some DCA then the fees are high, then it would be that impossible that you wont really be able to make out those kind of calculations whether it would be worth it or not. We do understand and really know or aware that storing up your coins on exchanges for too long does really impose that kind of risks on which this is something that must really be done considering about exchange hacks could really happen and this is something that we do avoid for it to happen and get caught with it since we know that are the things that you would be that able to experience on this case. Making active transactions in between exchangers and with your non custodial wallet will really that hurt that much specially into those times where Bitcoins fees do always hit up $20 as far as i remember. So your option whether you would really be that waiting for the network to come down or would really be paying up fees just because you are scared of the risk? which it doesnt really make sense if you do such act. |
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Most gamblers, at least those who do it regularly and possibly have a problem, will not have any sort of limit built in to their winning upside and often take all their winnings to plow it straight back in. You're trying to frame this as an activity where most people have control and are taking calculated risks, but often they are simply guessing and finding enjoyment from the buzz or habitual nature of the activity. I have not come across many gamblers, but the ones I've seen often look a bit robotic - like they are trapped in a nasty cycle of self abuse and look fairly miserable (when thinking about people sat around in slot machine arcades). That makes me think there is zero strategy involved and even if they did have a big win, it would probably not even outweigh all the money they had poured into it up to that point.
While some individuals do engage in gambling as a form of entertainment or to test their skills, a significant portion of gamblers, particularly those who gamble regularly or excessively, often exhibit problematic patterns. The allure of gambling lies in its potential for quick and substantial financial gains. This potential reward is often overshadowed by the high probability of losses. Many gamblers tend to chase their losses, and then try to recoup the losses. This behavior often leads to a vicious cycle of financial strain and emotional distress. The repetitive nature of the game, coupled with the intermittent rewards, can create a mentally loop that reinforces the gambling behavior. This can lead to a state of detachment and a loss of control over one's actions. The notion that a single big win can outweigh all the previous losses is a fallacy that often traps gamblers in a cycle of addiction. The overall pattern of losses far outweighs any occasional wins. And this what makes gambling industry is really that become that a profitable business because gamblers would really be having that common behavior or reaction that they will be that playing again because of certain emotions and views that they do have on their mind on the time that they'll be dealing up with gambling. We do know that once you do suffer losses then you would definitely be that trying to chase. Even if we do say that you are really just that playing for fun but you would really be ending up on chasing or creating that kind of emotion and this is something that will be felt out just because we are just humans and it isnt really that shocking nor surprising with this kind of approach. Potential limit? Sky is the limit since we humans are naturally greedy and this is why it will be that normal that we would really be asking for more. When we do win then we do believe that our luck is still there and we would be continuing and maximizing it as much as possible until you will be losing it all. |
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Funds are produced when we worked and reap the profits we generates from our business and investme, that's how to keep milking steady streams of income. Experience is just what everyone needs to stay put and ready to face challenges and also prepare the mind for gigantic profits. Gambling is one of the most relenting activities in the system, how can we quit gambling and also invest in gambling? It's makes no sense to me. Gamblers are open to both profits and losses and one should ensure he's able to surpassed losses with significant profits.
There is no crime in leaving gambling. I mean, don't gamble, and yet you invest in gambling. You can stop gambling and allow your money to do the work for you. Although the OP's strategy is not a good one, we can make an investment in gambling. Casino owners are investors in the gambling sector. You can also be a shareholder in a new casino, which is also a form of investment in the gambling sector. When you do the thing right and with the right organisations, you can rest assured that you will be at the right place and your money will be generating profit for you. So such a form of investing in gambling I see it as a good one, but walking into a betting shop and giving someone my money without a guarantee to gamble with is the kind of risk I can take, as it will also end in conflict. High likely that you might really be ending up with conflict.Why? we cant really be able to conclude that those losers would really be totally having no money left into their bank. So what are your methods or ways to know if a certain gambler is really that eligible for the said loan or trying to approve out? Pretty sure that it would really be that already that too personal if you do dig in deeper about someones financial capacity. I dont know on how those lendors would eventually do it for that kind of background check. Yes, someone could really be able to take up the risks considering that loan amount would be big and same goes with the interest that you could really be able to patch it up on which it is really that profitable. Somehow i do agree on some points above that it isnt really that something to be that ethical considering on how you are really that taking advantage on someones demise on gambling. It isnt really that necessarily means that they are losers but making use as an advantage on someones tough situation doesnt really look or sounds fine but well our conscience is really the ones that would really boggles us on which its up to you whether you would really be gonna dealing with it or not. |
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You need patience when holding because this decision is not made easily, negative issues affecting BTC could cause the price to fall and other things that can cause investors' toughness to be tested by the fluctuations that occur in the Bitcoin market. Achieving a level of success in investing requires patience and learning from experience. Bitcoin which has succeeded in breaking negative issues and its popularity is increasing even though there are parties who are not happy with its presence, is always able to show its strength with the surprises it always provides. Only people who are able to be patient and brave in defending their decisions will make big profits when Bitcoin is at its peak price.
Of course, patience is the next step and before achieving that they have to put a lot of time into thorough consideration and look at various angles about the risks they are going to take. There are those who are brave because they are driven by quite reasonable and mature considerations and there are also those who are reckless because they only look at the benefits. For those who are reckless because they only look at the profit opportunities, I think they will not be able to survive the journey of long-term accumulation, they will not be patient because what they have in mind is always about real profits, plus there are some worries about losing because Bitcoin will not always make your journey easier, there will be several conditions where you are very worried when you see surprising market movements. It is not uncommon for some people to fail when they are in conditions like that and they prefer to go home by taking the remaining money in the form of bitcoin or 0.0 something like that. Therefore, this is where careful consideration is important for a strong defense and belief in your journey. If you are very sure about how big Bitcoin will be in the future, driven by the knowledge and references you get from several sources, then I think there is no reason for you to just give up. Patience and extreme dedication because if you dont have these things then you are really that susceptible when it comes to decision making considering that it would really be that not would be so simple on making yourself that able to handle yourself when it comes to sudden change of market condition on which it would really be that able to change up your decisions which its really that a very possible situation to happen. HODLING might really be that sound so simple to hear at but when you are on the said situation on which it is really that much too hard specially when you are witnessing various market conditions on which it is really just that hard to resist to neither buy or sell. You would really be that passing tons of storms and waves on which you would really be liking to sell your holding specially when you do see negative PNL and you would really be boggling up your mind whether you should really be holding further more or not. Actually the main enemy you do have here is yourself or simply with your emotion and mindset because on the time that you are really seeing your portfolio is really that in trouble then it is really that too damn hard to make up decisions and this is why if you are holding then better not to be too active on checking out the market and distract yourself into other things. |
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Whether exchange or gambling site or any custodial platforms is never been that safe. Just like the rest been saying that as long you dont possess the keys of a certain wallet
then its never been yours on which means that whenever they've decided to run away or would become scam then there's no way for retrieval. Also putting it up on a gambling site
in terms of your savings is never been that good or ideal because you would really be likely be spending those money once again on the site or platform
because are talking about gambling platform on here on which it would be normal that you will really be that easily to play if you wanted to and since you do have
balance then temptation would really be that high.
Yes it is not your keys, not your wallet, this have been what it has been, even though we have some exchange and casinos that offers banroll facility for the investment as to partakein the revenue sharing of the casino or exchange, much more there are higher risks with such form of investment since you can lose the total whole of your money if anything happens to the platform while your money in it as an investment or what so ever it is. Could you specify on what current gambling sites are offering that kind of investment option or choice for you to get a % or simply dividend on the money that they had parked into their platform? Majority of sites now doesnt really offer such opportunity because most of them are really that sole proprietors on which they do ran off the business on their own bankroll. It isnt really that common if we do speak about investment options because once they do make launching into this market then everything is already that prepared and you wont really be having the options making some investment. There's a reason if you do make some storage or making it park on their since you re investing but if you are really that making it as a wallet then it would really that too risky. |
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