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261  Economy / Economics / Re: Saving don't make wealth on: March 03, 2024, 05:07:35 PM
Yes, but is for sure a tool. If you are just saving then at least it would be better than not having anything at all. What I meant with 'saving as a tool to achieve wealth' is to eventually use it to an investment. In investments, bigger capital would most likely result to bigger profit, but with bigger risk as well. Saving will never be a bad thing. Investments are indeed a good option to create bigger income or cashflow than with saving which is more stagnant and dependent with the amount you are keeping. However, not all investments are profitable, right? Risk will be the thing you would avoid and with savings, that would be self-discipline in accordance with consistency. Saving won't give you wealth in an instant, but it would be a huge thing to help you achieve wealth, no doubt.
Sincerely the concept of savings has made some persons poor,but many won't realize the fact that saving don't make the difference but investing does.
 Am not saying saving isn't good, but my point is saving doesn't make one wealthy, the worst advice we recieve is  'save for tomorrow' but only few lay emphasis on the need to 'invest for tomorrow'.
So I would greatly say we invest some of our profits from bitcoin in to other stuff, than just holding it or using it for pleasure. The rare truth is how we believe bitcoin can change the game, so other systems are developing so we shouldn't be blindfolded.
Invest because savings doesn't increase or builds, investing is what gives you the life you want.
   Let discuss this guys..
  No matter how many bitcoin you hold you can still misuse the money, so we should understand the concept of Richness and Wealth.
 
Agree with OP that investing is more profitable than saving, saving only makes our money lose value over time. But investing doesn't just mean profits, it also comes with risks, and it gets riskier when you choose to invest in bitcoin. Have you thought what if you bought bitcoin for 70k 3 years ago and you need money in 2022 when bitcoin price drops 60-70% of its value? What would you do in that situation if you had no savings? Don't get too excited when the market is bullish and have the illusion that bitcoin will always bring profits without risk. It can be said that having an investment will give us the opportunity to change our lives, but never underestimate a savings account for emergencies.
It just depend on one's risk appetite. Some peopl are better living with savings alone simply because they are afraid to take the risk. They're more into assurance with situations or times they will be needing the money they are saving than to risk making it double or just more with investment.
262  Economy / Speculation / Re: We are still early in this bull run. Retails have yet come back massively! on: March 03, 2024, 03:57:04 PM
Indeed, personally I do think that bullrun won't be happening this early. Price have entered and stayed on the overbought area for months already and a price correction will always have a tendency to take place. However, given that there's no assurance of what will be next whether it will be a continuous pump with crypto market prices or a sudden crash before the halving. The anticipated event for the bullrun is halving and given that it is not yet happening, therefore we should be careful of our decisions. Buying at this point would be okay as well but expect that you'd be quite on edge since prices are about to breakthrough without assurance. If you plan to make an entry be sure to set a stoploss.
Halving is about 48 days 17 hours from now.
Still enough time to hit an ATH.

No one can predict it but let's take this chance to see historic growth of past cycles. The latest cycle gives us 16x from Low to High and we are already 4x from Low to High in this cycle.
This is one way to look at it. In my optimistic state, I think we go above $150k this cycle, but $120k seems like a very reasonable expectation to plan your investment around.
Problem is not having the assurance or to not be guaranteed of a continuous price increase. Market price charts from previous halving, bullrun took place after months since occurence. However, again, that won't make things certain. What's best to do is to know your risk appetite; if you can afford seeing no matter what direction it goes after your purchase, then you'd be good to go.
263  Other / Off-topic / Re: Does having children have an influence on gambling habits? on: March 03, 2024, 01:13:33 PM
When you have one or more children, you have heavy responsibilities. Sometimes you're on a tight budget. Can being a parent change our playing habits? Are losses even harder to bear when you're in charge of a family? What are your experiences in this area?
Not yet having one but logically, if you are a gambler and happened to have a children, you will either have less time to gamble due to your parental duties or have huge drive to take more risks, if it is the worst which is anticipated. Of course individuals are different from one another; some people are still fine with their gambling habits despite of having a child. They could manage their time well if they just really want to. In some instances, parent gamblers are not betting that much because they are being practical of their child's daily needs. A gambler regardless of having a child or not, will be either responsible or not, but that is not because of the added family member but rather, just him/her making decisions for himself.
I think married people who don't have job are more involved in gambling because they don't have money and they want to gather money to fulfill the needs of their money without thinking about the way of earning that it is bad or good.
But there's this tendency that lacking a job would be resulting to less exposure in gambling because they won't have enough resources to bet in the first place. But indeed, that depends on the individual. There are indeed people who spends their time in gambling because they don't have a job which is a bit ironic; they gambler their luck to get through their daily needs which is never a good thing.
264  Economy / Gambling discussion / Re: Have you had this gambling experience? on: March 02, 2024, 08:45:08 PM
Anytime I put money on a game I am not putting 5 cents on it or there is no point. I want to bet enough to get my interest in the games I bet on and make it more exciting for me. If you have a lack of interest, then why bet at all?
Well, on my end, I am doing random bets to somewhat calibrate my luck although it has no valid basis but it somehow ease my mood whenever I am losing continuosly. What differs from the main discussion is that I am happy as long as it is a winning bet regardless if I planned things out for that bet or not. A winning bet won't usually be seen on a daily basis and that's pure luck.
I've been there too.  You toss a few dollars on some game you don't care about, maybe make enough to buy a coffee and  then you go full stat geek, researching for hours, totally sure of your picks.  But then - bam! - they all lose.  Such a familiar story for any bettor.  

We get that urge to spend way too much time analyzing matchups and numbers even for sports we don't follow.  Feeling like weve uncovered some secret strategy.  Yet more often than not, it blows up in our faces.  Just one of those painful lessons most gamblers have to learn at some point.

Well, we can't really help it. And that's fate right there being displayed. Nothing's consistent in the first place. You might win in both analyzed and randomized bet but that won't be continuous. We just tend to react and be a bit frustrated because we did not go all out in those instances we would be lucky. However, for sure it would be a different reaction if that random bet turned to loss as well. Analysis do still work, no doubt that it increases your chances of winning however, nothing's just guaranteed with gambling, no matter how we wish for the outcome to happen.
265  Economy / Gambling discussion / Re: Which of these betting Statements Do you Agree or Disagree With? on: March 02, 2024, 06:36:45 PM
I want to believe that we all agree that our betting budget should be within 5% -10% of our monthly income as responsible gamblers. However, our perspective on sports betting differs. Look at the gambling sentences and indicate which of the statements you agree or disagree with. You could also write a brief explanation for your standpoint

1. Don't bet all your money on one bet.
2. Bet the same amount on every bet.
3. Don't bet more than once a day.
4. Don't bet every day.

First one is the best. Betting everything in a single bet will never be advisable. It creates bigger risk than with a normal bet. You'll never assure the outcome no matter how confident you are; gambling is gambling. You are just simply testing your luck and losing will be always a part of the probability. With being consistent with betting amount, frequency of betting and such, those are subject for changes depending on circumstances; there'll be times you'd be up for betting bigger amounts than your usual but as long as it is tolerable on your bankroll then it would be fine still. With frequency of bets and gambling acts, it depends to you as a gambler. If you have other things to do then obviously you won't be able to do it on a regular basis and another factor is simply your betting budget on how many times you would be able to bet.
266  Economy / Gambling discussion / Re: Devin Haney vs Ryan Garcia on April 20 on: March 02, 2024, 05:28:48 PM
Haney really has proven himself for being undefeated on his 31 matches. Ryan on the other hand is more of a power puncher in this match. Will be really interesting and I think I would be going for Ryan with this one. Other leopl say that he became different after his fight with tank but that's a normal thing. If I'm not mistaken he never  had a match after that to prove this assumption. And logically, he should be more hungery of winning after his first loss. He should also learned  from that match with Tank. I do think that haney won't give his title easily but the fighter with a bigger drive will be advantageous. I guess this won't also be an absolute exchange of punches and that this is more likely to end with decision instead of a knockout.

Ryan has a history of mental breakdown before and that's why he quit for a while before making a comeback and taking a new trainer in Goosen. However, when he lost to Tank Davis, the switches again, this time he is under the tutelage of Derrick James who trains Errol Spence and a bunch of others.

Haney could use Ryan's weakness to his advantage. I hope he'll do some trash-talking too so Ryan will be distracted going into the fight. Well, as for technique and skills, the edge all points to Haney, so there's no reason here to take a higher risk by betting on Ryan when we know he will not win. The choices here would only go down as to whether Ryan will be knocked out or will lose in 12 rounds. I think the last option is more likely to be the scenario.

Ryan won't step in the ring without preparation. His team anticipates how Devin would perform in the square; they're the challenger in the first place. Same with Haney who for sure knows what Ryan is capable of given his power as proven by his 20 knockout victory. Ryan is the underdog indeed but anything could happen and only the match itself could dictate who will be the winner.
267  Economy / Gambling discussion / Re: Has this ever happened to you as a gambler? on: March 02, 2024, 04:19:41 PM
What could cause a gambler to place a bet to the extent that he no longer has money to pay for the games he played?


This story happened in my presence on Friday, when I visited a physical betting shop to book some games after that my battery ran down in the process of trying to place some bets with my smartphone to bet on a game that will kick-start in some minutes. There I was, there was this gentleman who was there before me playing the visual game and to cut the whole story short at the end, the gambler started having issues with the person who placed the games for him, reason being that after playing the visual game the gambler no longer has the money to pay the person, and he optioned to dropping his smartphone until when he brings the money and the money amounts to about $15+ and this lead to the owner of the shop inviting the police to settle the matter.

So the question now is: What could really put a gambler in such a situation, addiction, or greediness?
Isn't it just a display of impulsiveness and being unaware of his bankroll? I can't call it addiction 'coz the information is lacking also there are other factors to consider such as pushing too much or having huge desire to gamble despite of being aware of his bankroll. Greed on the other hand also requires a drive to continuously bet wanting to win more and it is more likely to be frustration rather. Also, this only happens with live betting or in physical casinos which has a dealer. You can't gamble with online platforms without actually placing a bet. The only instance which is a bit alike with this scenario is betting an amount outside my alloted budget for gambling on that day. Perhaps my alloted budget was $100 for that day, and after consuming it, I still continue betting, which crosses the line, and that's an unwanted decision on my end to avoid being too addicted of it.
268  Economy / Gambling discussion / Re: Losing at gambling on: March 02, 2024, 02:42:33 PM
When everything's going well, it's cool. But sometimes (often?) money problems lead to divorce. Suppose your spouse/husband gambles a lot, his or her loss/profit ratio is acceptable (so it's fine), but then one day he or she has bet it all and lost it all. You've got nothing left (and no savings either). What's your reaction? Has this ever happened to you?
First of all, who won't be mad? It is a normal response in the first place and this is not exclusive to gambling alone, but with everything; you cannot lose or spend all of your money at once without any back up plans. But if this happenes on my end, I would be also mad but not enough to file a divorce. In this scenario, we are married and not just a typical couple. Every problem should be discussed between and within the relationship itself first. Give chances and considerations. However, there are just times this is evident in repetition which is a problem to resolve with the help of professionals. If my partner will insist not having herself treated, then that's the time divorce will be considered. Addiction is something not to be tolerated indeed but the person who does the act, should be always given a chance.
...
It's true, I wasn't quite sure of the wording myself, which is why I added the savings. It's more liquid.

Wasting savings with gambling Is a big big mistake. I don't know if its a general rule get a divorce that bad mistake (love Is blind) but for sure its not a basic issue.
I have a general rule. Gambler only with money/ values that you are ready to trash as rubbish. If you have not these...you have not Money for gambling Wink

There are just times you would be a bit pushy and greedy but indeed betting ALL is on a different level of drive to gamble. No matter how much you wish of winning, things won't be in favor of your desire and hope if you're unlucky. It will just appear as an act of foolishness. If it is easy to secure a winning bet then we should all rich by now.
269  Economy / Gambling discussion / Re: Gambling still pays regardless of our losses on: March 01, 2024, 04:37:54 PM
That's how gambling works; you either win or lose. First of all there's no definite consistency in gambling. If you are winning expect that losing could take place, and same thing goes with losing; luck will take place. However, would you be persistent enough until your luck "arrives" in your gambling career? Would your funds be stretched that much until you win? Problem is not having any contro with betting outcome. No matter how much you wish of winning, it won't happen unless you have your luck on you. Now, if you plan to bet continuously, until things "pay off" would you still be playing by that time? It is a matter of staying when that time comes but it happened that bankroll is needed once that moment take place. Gambling indeed pays, and on the same context, woud it be enough to cover your loss as you continue playing despite of negative gambling outcomes? These are the things a gambler should consider if he considers betting until his luck "make" things happen.
270  Economy / Gambling discussion / Re: your perception about gambling on: March 01, 2024, 03:48:50 PM

however, my question here now is : is gambling restricted to some certain kind of individuals or class?  or is there any stratification when it comes to playing gambling ?please your opinions here here will actually quench my curiosity.
Well, there's no such thing also with race, gender, except with age wherein a gambler should at least be 18 as we all know. But if it is social strata or socioeconomic status then there's no such thing as restriction as long as you have the money to bet. However, consequences are equal to every gambler; we are all prone of losing. Now, if you are on the category of average salary earners, then could you shoulder the loss without affecting your daily expenses? Or without struggling on a daily basis? More likely you would which is why gambling is more convenient with high salary earners. They might lose huge amount but they can replace the amount through their salary which will aid the possibility of struggling after a negative betting outcome. Bottomline is, everyone is welcome to gamble however loss is not for everyone to take the burden with.
271  Economy / Gambling discussion / Re: Mom won 50,000$ in Lottery on: March 01, 2024, 03:08:17 PM
Lucky indeed! I'd be glad for her even as her child. But if this discussion boils down if I woud be demanding an amount from her, then personally I won't. What does a typical mom do with her money? Most of the time she just uses it wisely. And if she's one of the few who is a bit responsible with money, then as a child I wil just advice and give suggestions on where it should be used. There are also instances that she could be keeping it for herself and personal interest and eitherway I have no rights of it. Depends really on what kind of a person she is.
She realized after her son told her that the mother had completed the 10-word puzzle and this can be said to be an unexpected win who thought it was $5000 but in reality it was $50,000 who wouldn't be happy with the news of this win.

What is more admirable is that she is thinking about the future with her investment, I read the article a little touched because she consulted with investment finance so that she can use this fund well, after all she did not think of a party after this victory.

Most lotto winners might not think of investments; instead, they may focus on how to spend the money they won. This woman is smart, and she deserved to be lucky because she knows how to increase her money through investment. The fact that she consulted an expert clearly shows that she wants the money to not be wasted on the wrong investments. Good luck to her future; maybe she'll achieve more financial success through the winnings from the lottery. It's a good stepping stone for her, a wise choice of decision after the win.
Best eay to do with huge amount of money is to turn it to an investment to make its value bigger or to avoid just consuming all of it at once. Such opportunity won't come in a daily basis which is why we should really make use of it wisely. Indeed not all investments would be profitable but if it is a good one, then for sure it won't be an instant loss. Indeed, not all peope will do the same thing. There are those "one day millionaires" who would be recklessly spend all of it in a single da to buy the things that they want. And this is why financial literacy and self discipline is important.
272  Economy / Gambling discussion / Re: Is it possible to inherit a gambling debt? on: March 01, 2024, 02:36:49 PM
If it is loan then yes, but if it is a debt without any papers or contract involved then it's a no and things will be settled through agreement. But this will fall under the term of debt and there's no need to specify gambling as an activity because in any form, debt is debt. There are also instances wherein loans are done through unregistered online loaning applications and in any aspect they cannot force the person in debt to pay them but they often send threats ( evident in my area but I'm not sure if same scheme exists with the others, also a different story or discussion).
The high rate of gamblers who take loan for gambling purposes is quite alarming, and most of them are fathers to kids. Most of them don't end up taking care of their debt before passing. What happens to the funds, when the lender comes for his money? It's quite a tough one for a person who isn't a gambler to inherit a trouble from a gambling dad. Such things also increase the anger of the society on gamblers, because the addicts are, also, good at extending their problem gambling to other close relatives. Could it be talked through in the law court?

There's no such thing as inheriting debt in the country where I live, when the loan taker dies, the debt or loan will automatically be paid off. This is also part of the law in our country, so lenders cannot sue loan takers. This law is very useful, especially for someone who leaves behind debts to their family.

This is evident only with properties bought through financing in my country, again it will always depend on the contract. Familiar with this law which for me is a bit unfair on their end. They could also sue "estafa" on the loan takers end  but amounts will not stil be paid in an instant. However, there are a few instances that a gambler dies upon taking a loan which is also another angle of this topic. In most instances, they suffer from the consequences lf their actions which is taking a loan and not being able to pay it before the due. Interest wil just become bigger as the time passes by, making it a bigger burden as well. This is why such action wil never be advisable.
273  Economy / Gambling discussion / Re: Sports that you don’t watch but you keep placing bets on: February 29, 2024, 05:25:48 PM
Football. Well I'm not that familiar with the teams and I don't really play this sport on the actual unlike with boxing and basketball that most of us are aware of how things are going. For me, it is important to know how the game itself works 'coz in such way you'd be able to create a more organized analysis of what team or fighter is more likely to win. On my personal point of view, it is fine to bet with gambling games or teams in sportsbetting you are not that familiar with especially if you're just up with entertainment and not profit. If you are chasing for profit then it would be better to know things to check if you're being read on. The reason why I often bet in these games is to calibrate my luck with the games I actually play with.

I know that many prefer good odds instead of placing a bet on a sport they like. I find it wrong, as I doubt that anyone can be an expert at everything. Such betting might lead to missing good chances or loosing even shen choosing a favourite. I like mma and I mostly bet on there. But sometimes, when casinos offer good odds or a bonus, I look on and try to find luck in football, even though I barely watch the game.
Indeed odd is a factor. Sometimes if you are not familiar with things, then numbers are the main basis of your bettinf division. If it is a premium league then there'll be no need to remind the personnel. I really hope yhat you should be fine fo accept things.
274  Economy / Gambling discussion / Re: How your feels? on: February 29, 2024, 02:55:46 PM
I want to know how it feels among those of you who gamble using altcoins or bitcoins, basically the crypto you are using today has increased significantly, we know that in 2022-2023 coins that are small are not so valuable, and how does it feel today? Is there a little regret or do you not care because the money you lose in gambling is a necessity for you, so you don't care about the crypto you have lost in gambling for the past two years?
I don't like regretting my past because I can do nothing to change it but using cryptocurrencies to gamble is more expensive. The money I lost these few weeks would have been appreciated if I kept them and didn't use them for gambling. However, evaluating how much I have lost these years would be incomplete without adding how much I have also won. These years I have lost and also won a good amount of money, so I have no regrets. Since I use an insignificant part of my income to gamble it is also possible that I might have also spent the money on other forms of entertainment, so I have not regret. I have plans for my savings, Investment, and gambling, therefore what I have spent on gambling is what has been budgeted, so no regret.
Having feelings of regret is a normal thing but indeed it won't mean a thing. If you have used it with gambling then you simply hope for that moment to win. If you are just after into holding then it is better to just focus with crypto investment. Betting has different expectancy than with investing. Imagine just holding it for a long period of time waiting for profit; that's not how things work in gambling. In gambling, there's an instant expactation of profit which I guess creates a difference with motives. If you are one who would regret the act of using your crypto holdings in gambling, then isn't it the same thing with spending some of your holdings to buy things that you want? That's simply utilizing things. You won't also have such feeling of regret at that time you consumed it in gambling. There's just this regret at the present 'coz you saw how much it is now worth. Same idea as well with early investors in particular with that one who paid a couple of Btc for a pizza, wherein at that time it was justifiable.
275  Economy / Gambling discussion / Re: The Future of Gambling on: February 29, 2024, 01:33:02 PM
No longer a surprise with technological advancement. We already saw it. Gambling before was only done thru peer to peer interaction, then casinos came, then there's online gambling a the present. If it is with VR technology then I can't say that this is not close to reality. There could be another changes as well as improved peer to peer betting, such as with esports among players. If it is just possibilities, then there's a lot to come for sure, also, advancement never stop; there could be more possible changes with this industry in general as we saw with web3.0 and crypto adoption.
Gambling is usually fun if you can win, gambling is usually winnable based on strategy and experience. I don't know if I am experienced now but I can win with this strategy that I use. I see a bright future in gambling as I am becoming more experienced. In the beginning I faced a lot of losses in gambling even now but only temporarily. One should not dream of gambling while lying on a soft bed, gambling usually requires a lot of experience.
You did not understand the question at all. OP is not asking people question about their future in gambling, he is asking people question about how there will be development in gambling industry and how gambling would be better than now in the future for gamblers to have better gambling experiences like the virtual reality and meta. I will like you to know that no matter how good you are in gambling, you should use not more than the amount of money that you can afford to lose to gamble.
You will never be good at gambling, you could just be good at managing your funds with the amount you bet and instances that you will. The idea of not betting an amount we can't afford losing is simply common to all of us. It is just hard to allow our emotions do the act of betting; frustration and greed. And if it is development concerning this aspect, I am guessing that there will be betting suggestions in the future as guide for the players depending on their bankroll or simply additional ways to remind gamblers not to bet that much.
276  Economy / Gambling discussion / Re: [Interviews] with sport gamblers on: February 28, 2024, 04:21:12 PM
It's been two years since I started gambling in web 3.0 but I was already playing gambling games since I was 16 years old, in many forms. In this forum section, I got to encounter topics I am interested with, when it comes on things related to gambling, new platforms, scam related activities. I do still play in Fiat based gambling sites especially with parlay betting in NBA which is a service rarely being offered with crypto based  sites.

I experienced winning a decent amount and I also experienced losing my 1 month salary in a single day because I was too greedy to make up with the loss. During such time, you'd be frustrated to continue playing despite of loss and likewise with whenever you are in profit that you would want more. Main thing is involvement of money, an enough drive to trigger our emotions. And if it is recommending this activity to non-gamblers, then I won't. If they are interested, allow them to see things for themselves. Allow them to have the initiative to engage and embrace risk.

Well if it is in this forum section, it is almost enough if you wonder how web 3.0 gambling works; site suggestions, things to avoid, strategies, game recommendations and such. The interaction between users do really help especially new ones in this industry.
277  Economy / Gambling discussion / Re: When you are not to gamble. on: February 28, 2024, 02:25:26 PM
Unfortunately you didn't get the right viewers, users in this board already read a lot thread about how to not be a gambling addict, how to cure a gambling addict, signs of gambling addict, how to manage money, how to become a responsible gambler etc.

But there are still a lot addicts out there, take a look with people around you, one of them could be a gambling addict.
But in this forum, gambling addicts are more likely absent. Why would they waste time interacting in this platform if they are being obsessed of actually playing? People here are simply players who wants to discuss about gambling activities and that includes what's good and not in this industry. For sure everyone knows how dangerous it is to allow oneself be too hooked or attached with gambling but why do some people still fall in such situation? Greed and gambling ideologies.

Unfortunately, gambling is often misunderstood as a way to get rich quickly. We all know how fast money moves in this activity. You could earn thousands of bucks in a single game if you're lucky. Problem is being "lucky". No one has control of their luck and fortune and this fact is often being disregarded pushing people to live in this industry.

When to gamble and not? I'd say never gamble if you can't bear with the reality behind gambling. If you are still one of those who has ideologies of how gambling could make you rich then it is better to stay away from it as early as possible. Fact check: If being rich in gambling is an easy thing to achieve, why are many people losing huge amounts of money, properties, or even themselves on their journey? It should be an enough warning to all of us.
278  Economy / Gambling discussion / Re: How much does it cost to have your own Casino? on: February 26, 2024, 05:53:38 PM
Not really quite sure of it. But there are articles showing that it may be up to $500k or more. There will be people to be paid to basically run it and maintain it, developers and programmers, licensure or registration fees and more. Although it may vary on the people who will compose the platform. If you are a developer yourself then it could be lower, as if you will lessen the people you will be paying to have one. Also it depends on the game or services you will offer. Might not be the best answer you are seeking but I hope this will somehow be of any help. Most likely, if you are hoping to get your platform registered, then it would be making the capital bigger, which is what happens not only with gambling related sites, but also with other industries. However, given that restriction with gambling activities is more common in many countries, I assume that it is a factor to consider with the overall budget.
279  Economy / Gambling discussion / Re: Is it ethical to break your gambling rules on: February 26, 2024, 04:35:45 PM


So this led me to ask the general public if I am gambling too much, although this excess didn't affect my finances in any way since I still managed to come out with little winning at the end of the day and at some level, my losses are still below 30 percent of my set out money.
Try going back to the reason why you implied and made that rule for yourself, and that would be the answer. Glad that you are doing well with your gambling expenses but gor sure there's a reason. As we all know how gambling works; things are not consistent. You might be winning nowadays  which is obviously a good thing, even if you broke your self-moderated rule, but how long would you continue? Consistency will be best if you are restricting yourself. Again, you won't do it in the first place if you aren't avoiding anything to happen. And for the same reason,  I suggest just securing the profit and to stick with the rule you impose. Do not wait for profit to turn into loss eventually. Keep in mind that losing is more certain  and we just tend to be lucky sometimes if we are winning on a rally. It will obviously and more efficient to be preventive of huge loss than to test your luck with continuous gambling activities. It won't always be holidays on our gambling careers. Not maintaining or following such rule we created will just more likely create a problem afterwards. Self discipline is a virtue.
280  Economy / Gambling discussion / Re: An Unusual Story that Reflects the Current Gambling Addiction Reality on: February 26, 2024, 03:21:39 PM

In this group a person shared a story of how a married reached out to her for medical assistance to support his wife terminal illness treatment. Instead of providing his wife's account details as requested, he offered his own. Concerned that the funds might be misused, particularly for gambling, the person offering assistance insisted on the wife's account details. However, the conversation ended there, with no further response from the man.

he stranger offering aid had no prior acquaintance with the husband. Why then was there apprehension that the funds might fuel gambling rather than support the wife's medical needs?

This short story reflects the current reality we live in.
Wait, how was it redirected to gambling? Indeed it is suspiscious of the husband to not offer his wife's account given that it's her who needs the help but to give benefit of the doubt, he might have no access of it however he should have explained himself than to just leave jist because his preference was not chosen. On the other hand, it may indeed be used to unwanted acitvities or things or it is just a make up story. Asking for proof on the giver's end would be valid in this case. It is a bit off also that the husband didn't say a single word rather than to please the person who was about to help, if he's being serious.

But going back, isn't it judgement that  the guy was thought of using the money on gambling? I hope the story is  more detailed 'coz it is really confusing. Possibility of bad intention is indeed there but why would it be assumed to be related in gambling, in an instant? If nothing will be ellaborated, this will just be one of the stereotypes of how bad gamblers are with handling money.
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