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701  Economy / Gambling discussion / Re: Can a gambler be a good bitcoin trader? on: November 11, 2023, 09:05:22 PM
Yes, and what would link those two is risk tolerance. Gamblers are also investors in the first place; they know how risk works and they tend to gauge tendencies of winning over losing. With trading, analysis would work more often than with gambling which involves more of one’s luck. Anyone could be a gambler but not all gambler would be good with trading or investment; either it is too fast or that profit in gambling is harder to earn and get unlike with trading wherein one could adjust the margin of his bet. Problem only is the difference with the risk present on each category. Actually not only a good bitcoin trader but also investor of other fields than to just rely solely with your luck.
702  Economy / Gambling / Re: QuitGamble.com - Free Help for Problem Gamblers on: November 11, 2023, 08:13:04 PM
Quote
The website is available in English, Spanish, Swedish, and soon French and Portuguese.

It would be great for you to add another language which is Filipino as there are more gamblers here in the Philippines who are struggling to control their addiction.

As I have checked your website, it looks neat and decent to me at least. I choose not to register though as I do not want to input my real details into it.

When it comes to your app in the Google Play Store, despite having 1,000 downloads there is no honest and genuine feedback from those who are actually downloading and installing it compare to the Apple App Store, you did have a couple of 5-star reviews.

In this area alone, you really need to push for organic honest (and not paid) reviews in the Google Play Store. Just my own honest opinion.

In my view, I think the site look and feel can be improvised further. The design looks a little dull.
The content is good though as there are many videos and membership forum.
Coming to the language, I agree with you that few more languages can be added.
OP can either create a poll on this post itself or create new one or may be fetch data as to where the number of gambling addicts are higher.
I agree with knowing the data of which game has more gamblers. It could be a lead to have a more efficient strategy to help gamblers avoid addiction. With the site’s UI and appearance, it is indeed needing some enhancements to make reading more comfortable. Some would say the content would matter more than the appearance but technically speaking, the interior of a platform plays a huge role. It would make a platform easier to understand and would be more encouraging and interesting to check out. If it is just ways to cope up with addiction of an unwanted behavior, there are other ebooks and articles to help you but things would be better asking those who experienced such state of mind, to learn from their mistakes. All in all, this is indeed a good project.
703  Economy / Gambling discussion / Re: Luck and skill, which is more important gambling success? on: November 11, 2023, 07:17:27 PM
Luck of course. Skills with analyzing the game would also help but if it is determining which one is more important then that’s luck which is something we cannot develop no matter how hard we try. You are free to create your own analysis but if you are not lucky today, you’d still lose. Especially with games such as slots, dice, and even card games; luck will be always needed. With sportsbetting, an analysis would work but given that everything could still happen during the match, then nothing’s assured still. Luck won’t be always taking its place on a daily basis so if there’s one thing every gambler would desire of, then that’s absolutely luck.
704  Economy / Gambling discussion / Re: Sad reality: some countries gamble more than they can afford on: November 11, 2023, 06:47:13 PM
No longer the country but the gamblers themselves. There are just people who are too hopeful of the profit in gambling activities. This kind of mindset- a quick and easy way to get rich, won’t do you any good. Some people are becoming unrealistic; there are a few who made fortune out of this industry but for sure there are more people who became broke from trying to hit the jackpot. Also with people who gets to the point of borrowing money just to try their luck, which will never be advisable. Regret is an evidence that a gambler have used an amount he cannot afford losing.
705  Economy / Gambling discussion / Re: Do Owners of betting companies bet? on: November 11, 2023, 06:06:48 PM
The people who own casinos and sports betting sites can bet on their own sites if they want.  I mean, they own the place so they make the rules! It's different for the workers there though and  a lot of times the bosses don't want employees betting on the site because it can be a conflict of interest or whatever.  But it really depends on the policies they got.  Some places ban staff from betting at all to avoid any shady stuff.  Other owners don't really care and let employees do their thing.  Id probably not let employees bet on my own site though.  That's just asking for trouble in my opinion.  But then again I don't own a casino or sportsbook so who knows what I'd do if I was the big boss making mad cash on betting.  Cheesy
If it is on their own gambling site then what for? Some sort of money loop? It is their money which they would be getting from the prize pool. But if it is with other platforms, then probably most of them don’t bet ‘coz they simply know how things are working perhaps that the house will always win. Some might be doing so but for entertainment purposes or to learn new things from other platforms which they could use on their own as means of improvement. The only chance that they are is if they really enjoy betting personally. Quite of a cliché plot wherein business owners are starting a business from an activity or thing which they love.
706  Economy / Economics / Re: "I saw my salary on a bottle of perfume today" on: November 10, 2023, 08:06:04 PM

To me, I will choose the second one. If I am happy with what I have and I am certain that it will continue to help me in the future too, then I have successfully achieved financial freedom. But most people these days are caught up with the thought of using luxurious thing and being able to continuously use it is financial freedom to them.

Do you agree or disagree to this? Let me know your thoughts.

Disagree in case that people buying luxury items is real rich that can afford that kind of luxury items. They have the right to spend their money on their own way because that what really financial freedom. That’s how some people makes themselves happy using their money and we don’t have any say to that because we have different preferences in life.

If you are buying luxury item because you want it and you can financially then I don’t see any problem on it. I believe the only problem here is how other people being envy and not the person buying luxury item with their own money.
As long as their salary or wealth can afford things then let them be. Seeing your salary to something’s price shouldn’t be a bad thing but it is okay to feel insecure. What would matter is your next action; will you just belittle yourself of work harder in order to be or to have ‘more’ than what you have at this point. We always have choices. Never dictate someone on how should they spend their money. They basically can buy luxurious things simply because they have the money to do so; they worked hard for it. We just got used with our own setting; buying a perfume below hundred bucks but it will never be the standard. We all have circumstances and differences with financial capacity. Either you accept and just live through it or create better changes for yourself.
707  Bitcoin / Bitcoin Discussion / Re: How do you cope with those around you not believing in you for choosing Bitcoin? on: November 10, 2023, 06:28:46 PM
Let them be.
Some would be frustrated trying to win their relatives’ favor of this investment but on my end I’d choose not to encourage others to also do so. One reason is the risk; I know how fast changes take place with market behavior and I don’t want to drag other people to something which has risk. If ever they’d have the initiative to invest then I would be willing to guide them. I am avoiding conflicts; non crypto investors would normally be impressed of the profit potential but not the risk. And if ever things would be problematic I would be for sure the one to blame if ever I would choose to encourage them to invest in this industry.
708  Economy / Gambling discussion / Re: Advice for new comers on: November 09, 2023, 08:15:46 PM
If you're new to gambling, make sure that you have a job you're doing, because if you truly want to become a gambler then you will have to get money for your gambling each time you're about to make a bet, but when you don't have a financial means, there won't be a source of money to use in funding your wallet for gambling, also, don't steal to gamble by all means, don't use other people's money to gamble as well.
Or simply not to rely with profit from gambling. As we all know ‘gambling’ won’t and will never give you a consistent profit ‘coz it will depend on your fate and for sure no one’s lucky on a regular basis. The impression and our intention on entering this industry, matters a lot. If you are here with the idea of getting rich in an instant, you better stay away of it. Indeed there are people who made fortune from betting but the ratio of those who are losing almost everything, is way bigger than the few ones who managed to hit the jackpot. Same warning to those who plans to borrow money as their capital in gambling activities; simply don’t.
709  Economy / Gambling discussion / Re: Out of curiosity, how much you wagered recently? on: November 09, 2023, 07:37:54 PM
I think we have a winner here:

Tyler “Trainwreckstv” a prominent Twitch streamer, has allegedly embarked on an extraordinary gambling journey, with a jaw-dropping $14 billion in bets placed on the online crypto gambling platform

I saw people wagering a lot of money, but this guy took it to some higher levels... How can we compete in some wagering wars and competitions against players who wager so much? Do we even have a chance? Smiley

You are not gambling for competitive betting, you gamble to entertain yourself. Gamble as much as you can afford. We don't have a chance to compete with so much money and that's a wrong mindset in my opinion. Maybe he has a lot of money that's why he gambles like that and he seems to enjoy what he's doing even though others feel sorry for what he's doing because it's a lot of money for them. If you enjoy what you do, that's what matters.
Who’s gambling for entertainment alone? If it is entertainment then for sure there are other ways to do so. Let us be honest to ourselves; we are here to make profit but the thing that we should do is to be entertained and lessen the risk of losing as much as possible. With the amount to wager, it depends basically on your bankroll as a gambler. You could bet thousands or millions; just be sure that your financial capacity would be able to handle the consequences from doing so. With the cited instance, that is a huge amount for us but in his case, we heard stories of such perhaps with Drake’s. For us it might sound foolish to do but as I’ve said, as long as your financial capacity would allow you to bet that high, then that would be totally fine.
710  Economy / Gambling / Re: Guide for newcomers Start a fun and profitable gambling entertainment journey o on: November 08, 2023, 07:38:31 PM
You've got enough welcomes through the forum by just posting your announcement thread with your casino. So, aside from stopping working for new threads with your casino.

It's also best if you get to engage with the people posting on your thread and have some conversations by simply replying to some that are related to your website or anything that's been said to you.

Not that just you'll post the ANN and you're gone or without any reply to the words praising or criticizing your casino.
Indeed. Criticisms should also be answered for clarification. One reason is that OP is simply introducing a platform and the act of ignorance with such questions could create a negative impression. Vision is already there which is to help people enjoy without considering that much of risk ( would be always present). Assurance of a profitable gambling routine will never be constant. If players wouldn’t be comfortable and confident of this platform, and if interests wouldn't be satisfied with this way of introduction then a formal thread as others also suggest would be bets.Also, this is not something any newbies wouldn’t be aware of.
711  Economy / Gambling discussion / Re: What’s your strategy on high volatility slot game? on: November 08, 2023, 07:16:11 PM
I'm not interested enough to play gambling slot, so I don't have any special tricks or strategies to win this type of gambling. However, I know and understand that most of the revenue of a casino is from slot games and slot games have contributed almost seventy percent more than the total revenue of a casino.
And from here we can imagine that how many people have lost in this type of gambling game, while those who get lucky and win a sum of money in this type of gambling are only a handful of people. Because the more people who lose in gambling, the greater the profit a casino will get.
So I consider that there is no point in making or learning a special strategy to be able to win gambling that only depends on luck, luck for a small number of people who participate in the game.
I was like that till few years back. No interest on this game but eventually I tried and start liking it. And like the OP I got curious if there are tricks on it despite knowing that it's a game of chance or luck. I found some in Youtube and also here in the forum, but I think there is no 100% proof that they work. I applied some of them and the results are still the same. Sometimes I win but most of the time lose.

You are right about revenue if the casino has a slot game. That is because slots has the highest house edge. But it's only normal that more people lost in gambling than the winners because the game is set to favor in the owner. This is why it's not advisable to treat gambling as a source of income.

This kind of gambling will not be too dangerous and will not have a serious impact, if the reason for playing this type of gambling is just for fun, because it considers that this type of gambling has quite interesting features and also provides a challenging sensation when playing it, so that it can provide pleasure to the players.

But this will be dangerous if what is the essence and purpose of playing is to get more profit or think that this is a source of income. because this is too risky and will be the opposite, where this gambling activity becomes the most detrimental activity.

All games are meant for entertainment but games no matter how entertaining it is, as long as it involves money, it would be having risks. As we all know, a huge bankroll will be needed in slots in order to come up with a win but will not certain getting back all of which you have lost. I’d say it could still be dangerous especially if the gambler has no full control of his emotions whenever he is gambling. With high volatility, you are simply pushing your luck til you get a winning combination. You’d only be able to say that a gambling game is fun if you are lucky enough to continuously win or at least win more than what you lose.
712  Economy / Gambling discussion / Re: What are some things you should always avoid while gambling ? on: November 08, 2023, 06:27:47 PM
Be greedy, encourage others to also gamble, deposit an amount more than what you can afford losing, gambling using borrowed money, and more. For sure we are all aware of those things we shouldn’t do; requires commonsense and awareness. Gambling itself is risky and not legal to many countries for a reason. We can list as many as possible concerning the dont’s in this industry but what’s the need to do so? ‘Coz there are people who still fall from those which should we avoid. Of course we cannot command every gambler so at least we should start it with ourselves.
The most important rule I follow is that I never gamble in front of my kids or any other teenagers. With time and experience, I know the good and bad sides of gambling. They don't, and there is a big change, if they see us gambling, they might get inspired to gamble. Which I think can have a bad impact on their future. Because they are still young and immature. That's why it's a must follow rule for me. Another thing I don't do is gamble at my workplace. Work and gambling should not get mixed up. It's unethical and very unprofessional. Gambling should be for fun and only in our free time.
At any age, never gamble in front of non-gamblers. We cannot control their curiosity so atleast never let them exposed of this industry. It is quite of an unwritten rule and is something driven by initiative to be a responsible gambler. Allow them to be part of this industry but never take part of their reason to start.
713  Economy / Gambling discussion / Re: at which point of a boxing match you consider cashingout? on: November 07, 2023, 10:11:52 PM
assuming you risk your money to an underdog Prograis 3.75 vs Devin 1.22 and then Prograis luckily landed a snap punch resulting in a flash knockdown in the 1st round and the referee counts to 8. of course, you will be seeing the cashout option makes you win probably more than 30% if you'll cash out. would you do it or would you wait to find out if Prograis wins?  and what will you do if the fight goes the distance while Devin is also gaining?

let's say you compare this to Fury vs Ngannou which Ngannou knock down Fury and then goes the distance. will you cashout because it's already a sure profit or will you wait for the decision which is very uncertain?
In this case, I’d say I will wait ‘til the end of the match; either I win or lose. Pulling out in the middle will just leave me dissatisfied with the outcome especially if my original bet happened to actually won the match. In any sports anything could happen and that should be an enough reason to just bet on who you think would be winning the match or losing. If you happened to lose then just bet on other matches. That’s what gambling is. But if you prefer securing an early profit then that’s fine as well; we just have different strategies and way of dealing with our bets. Underdog or crowd favorite, both have a tendency to win and it is only the players who would determine the result. Learn to accept a losing bet and rejoice for what you have won with your bet.
714  Economy / Gambling discussion / Re: What conditions might cause you to stop gambling? on: November 07, 2023, 09:36:28 PM
Financial incapability to gamble and loss of function to mu daily life. First is self explanatory, some might say a gambling addict would be seeking for ways just to gamble but in my case I’d probably stop; depends on your personality by the way. Another is loss of function; if I wouldn’t be able to interact with my friends, do chores, finish my tasks then this would be the time to stop. Of course it won’t be easy in such state but knowing myself I would do things to cope up with the situation. As much as possible never allow yourself to be in such debt before realization knocks on your head ‘coz that would be a different level of struggle.
715  Economy / Gambling discussion / Re: For Newbies Interested in Gambling on: November 07, 2023, 09:06:44 PM
I'm not much of a gambler myself but I can tell you that whenever I gamble, I always observe that a lot of players in that places are in a way not worried about the money they're losing probably because they're rich or they just don't want to be bitter about losing their money, my point here is that you're better off not worrying about what you're betting or how much you're losing because it takes away the fun out of gambling, like any other games out there that's not even gambling, it's important to have fun then the next priority is winning.
They just tend not to show that they are but for sure they’re nervous. They just have a stronger desire to win big time which pushes them to disregard the amount they are losing in every bet. It is normal to worry of your bets simply because that’s your money and you won’t be engaging it to this industry if you’re not aiming to make it bigger. Entertainment should be prioritized but we can never blame those who are here for money. If it is just entertainment then they could have engaged with other activities but since they’re here, there no other reason than to earn. Some are even having idea of becoming rich from winning bigtime someday which should be an enough validation that most of the people here are compensating their need to win than to enjoy the games they are playing.
716  Bitcoin / Bitcoin Discussion / Re: Is the irreversibility of Bitcoin transactions a downside for an average person? on: November 06, 2023, 09:26:21 PM
The main problem, if Bitcoin was reversible would be when to be reversible and when to be irreversible.
If someone pays for goods and after receiving the goods reverses the payment? What happens then? How do we know when the person makes an honest mistake and needs to reverse the transaction or when it's a fraudulent activity?
Even with the traditional banking system that is centralized and controlled by third parties, you can't reverse a transaction. If you paid money into the wrong account or overpay for instance then the goodwill of the beneficiary will determine what happens next.

I would have loved for Bitcoin transactions to be reversible if it were possible, but there will be too much inconsistency and this can be a very big problem for it.

Not only with Bitcoin but also with fiat transactions. Reversal of payments would be a bad thing and is prone to abuse from bad people unless there will be ‘something’ to regulate and check each transaction’s legitimacy which is quite of an impossible thing. Even with fiat digital payment, reversal of payments are not absolute. In some instances perhaps with active accounts receiving mistakenly sent amount, they could easily transfer it or withdraw it. I have experienced reversing a transaction before but that is only because the account where I’ve sent it is inactive; can’t imagine if it is. And with Bitcoin wherein transactions are anonymous, I think it would be harder for such function to imply.
717  Economy / Economics / Re: Fiat & Crypto - Effective Expert Advise on: November 06, 2023, 08:52:24 PM
So In conclusion, I respectfully ask "what is your Effective Expert Advise for a Person (me) that has enough Salary but still want more Financial Stability using cryptocurrency".

If you already have a stable and more than sufficient income then you can enjoy what you get and don't need to look for anything else. However, if you want passive income then you can start by investing. If you have a lot of money, then the investments you make will have lower risk than someone who has little money. The concept of Bitcoin investment is actually simple, we just need to hold it until the target price we want is reached. If you have a lot of money then you don't need to rush to sell your bitcoins because of a sudden need, if you can do this then investing in bitcoins is a very good way for you to aim for financial freedom in the future.
Seeking for more is not a bad thing however, seeking for financial stability from an investment is. Investments can generate profit but will not always result to financial stability unless it generates consistent profit such as with normal businesses. But with cryptocurrencies with volatile market prices, you may only earn profit thru right market analysis. Even experienced ones in this industry are still experiencing loss which should be enough to manage our expectations. The amount of profit as well would depend on the amount of money you will invest which is also a factor. Based on the present, this idea is unrealistic but is valid at some point.
718  Bitcoin / Bitcoin Discussion / Re: What would happen if there was only one cryptocurrency, which is Bitcoin? on: November 06, 2023, 08:26:59 PM

That's the best scenario we could ever have in the crypto industry but what can we do? After the rise and fall of ICOs, lots of things have happened and people continue to make their own empire in terms of owning their own crypto platforms which makes it even hard to imagine that bitcoins will be the only one left in the world that people use it. If only investors did not rely so much on altcoins, they could have made a huge difference and helped bitcoins build a concrete stronghold in its price and decrease the chance of volatility.
I doubt that this would be possible, except perhaps in some ideal world, but here everything is different and everyone who has such an opportunity is trying to create some kind of token, primarily in order to make money on it. The vast majority of altcoins are useless because they are used in few places. Perhaps when we come to the point that only Bitcoin will remain, but for this to happen, something truly large-scale must happen, perhaps some kind of crisis that will not allow the majority of tokens to survive.
There’s no need to. Altcoins are there serving its purpose. As its name suggests, altcoins are alternative coins for a purpose of faster, cheaper, more convenient and more specific to certain projects, compared to Bitcoin. Every crypto has its own ‘thing’ for investors ‘coz if not then even if there are altcoins then people would still choose only Bitcoin as a mode of payment and as an investment. We may ask ourselves, why are we diversifying our portfolio if we only see potential in bitcoin alone? I think that would as well answer why altcoins are introduced to us. There’s no need for a single crypto to exist if others are being used also.
719  Economy / Economics / Re: AI will put an end to work, says Elon Musk on: November 06, 2023, 07:46:07 PM
The government will be forced to take care of us less we die of starvation, and when we die from starvation, no one's going to spend the money that they are trying to make for themselves, meaning these rich people will cease to be rich.

Lol, what? You didn't think that through did you.
Give me money so I can give some of that to you so you can get rich  Grin

On a serious note, why are so many people confident that "the elites" will be taking care of the masses if the masses are not only no longer needed, but pose a threat of rebellion etc.
There are just people who misunderstood how AI works and what will be its purpose. Even in my country wherein AI technology is now being tested to sportscasters; some are taking it negatively and some are the opposite. On my end, I know to myself that AI has its limits ‘coz there are functions that only humans have. People are just too scared that they perceive their works as something which could be easily replaced by technologies.

Advancements in technology are suppose to be making our lives easier and not chaotic. Imagine life without computers wherein you will be needing to read the books manually. Now that computers are there, why does books still present?
720  Alternate cryptocurrencies / Altcoin Discussion / Re: How to invest 8k for passive income. on: November 06, 2023, 07:16:25 PM
Passive income is possible but if it is a constant and consistent profit then that would be impossible. The market prices of crypto are volatile in nature which means there will always be times of up and downs. You may do swing trades but you could only win most of the time if you are that good with your analysis but will never be always.  If it is consistency you are seeking then try starting a business but it will not be happening in a single day for sure. There’s no easy way to earn profit in anything and seeking for one will just get you in trouble. If there is, many people should be rich by now to be honest.
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