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2081  Economy / Gambling discussion / Re: Ever thought of doing your thesis on Gambling ? on: June 14, 2022, 10:07:37 PM
I don't know how people manage gambling after such horrible inflation. We are unable to pay our bills and it is hard to make both ends meet. The thesis should have a new point included - inflation and gambling. How to manage gambling during inflation. Because a common man won't be able to gamble.
In theory any amount of money that you gamble should be money that you can afford to lose, which means that even with the high inflation we are experimenting and the collapse we are seeing at all the different markets around the world at the same time if you earn more than enough money each month then you can still fulfill all your needs, while at the same time you will still have some money to spare and you can keep gambling, however this is only possible for those which earn a big enough salary, as there are many people which will have to reduce or even eliminate gambling from their hobbies until they have some money to spare yet again.
Gambling isnt necessary because if people would really be seeking out for some leisure then we do have several activities  which could really make us entertain.Its not necessary for us to gamble but
well there are people who do find out betting with real money is something interesting compared to those which arent thats why they do really end up with this kind of option.
If you do only earn sufficient for your daily needs then its really dumb that you would consider  on playing gambling since you know that you would really be spending some funds.
As speaking with thesis in gambling then this is a wide scope of topic which needs to be defended wisely.
2082  Economy / Trading Discussion / Re: online course for trading on: June 14, 2022, 09:35:49 PM
Learning is always positive. Maybe if you don't get what you expect there is nothing to lose. Moreover, if any money is spent for learning, it is never counted as loss. How much you can learn by taking online classes depends on you and the instructor. In this case, the more you search, the more you can learn.
not everything we learn is of course absorbed well and can be immediately useful with desire, but I agree with the colleagues above that learning will always have a positive impact.
learning can be through the help of others by taking the classes we want, but it can also be by studying on the internet which may be free and can be adapted to what we need.
but in principle learning is something that is very good and useful and will always be a positive thing in time.
It will take a long process for us to learn everything about trading and every knowledge that we absorb from resources will help us grow. We might not use all of them but they're applicable in some instances.
Yes, the internet has a lot to offer when it comes to learning to trade. Online books and video tutorials are available but you should have the dedication and willingness to learn so you could understand them fully. It will be challenging because trading is a bit confusing in the beginning but it's all worth it.
Worth on the sense that you could really make yourself financially stable or capable if you do end up on having a good grasps into the market and we know that this is something not for everyone
because there are people who do test it out and no matter how hard or long they would be engaging but still end up on losing or not sustainable at all thats why they do completely stop due to that
reason. Trading is hard but its not impossible for you to learn, its not really necessary or much needed to have a mentor because you could eventually make yourself self learn
and the rest of learning would really be in real or actual experience which is something that you cant get on any context or book offline or online.
2083  Economy / Gambling discussion / Re: Why is it so hard to win at gambling? on: June 14, 2022, 08:57:49 PM
Hello good day to all the members in this forum, Did you know that even if you win at gambling, you lose as well? Don't you think that's how it happened? and that’s the thing that I'd like to tackle about this topic, Because it’s hard to win at gambling, now if you want to know why?

The fact is that the house always has a basic advantage over the players, in addition, there is not a single really successful game strategy in practice. In addition, our craving for excitement and the inability to stop at the right moment is another additional trump card of the house.
As a player then you shouldnt really make yourself able to reach the point on which you do really believe that you could beat up the house which is really a very idea or mindset to have because this would
only just trigger out your greediness and impulsive kind of emotion which would mainly cause on making bad actions or decisions on your gambling activity and on the time
that your mind is stirred up then this is the time you wont really be able to enjoy anymore with gambling and its been replaced with some desperation which we know
that it is really that bad specially dealing with gambling.
2084  Economy / Economics / Re: What is the golden rule of investment? on: June 14, 2022, 08:26:46 PM
The golden rule of investing, the most important one, is that you should invest only if you have extra funds just for that purpose. A ton of people look for gold in them thar hills that they risk it all, put up their houses, all of their savings... No one should buy into that notion, no one should invest if they don't have a surplus of funds, whatever that is for them.
Extra funds should be divided

1. Emergency
2. Savings
3. Investment

You should really be allocating or dividing with these parts and investment allocation is something that you do put
into this area on where at least you had already secure out those other parts which is really should be on the priority.
You cant really just focus or do put all in on a single point.

Never ever invest on something that you cant afford to lose considering that crypto market is unpredictable.
2085  Economy / Gambling discussion / Re: Something Like This Happen To You on: June 13, 2022, 11:58:07 PM
We experienced unexpected events or moments in gambling like this one, you are calling it off a day in a session then you're suddenly on a winning streak thinking that it's your time to get back what you've lost will you go or will you stop and come back the next day.

I'm sometimes tempted to continue but I know you cannot beat the house, so most of the time I just call it a day and just wished that tomorrow or next time it's my lucky day. What about you what's your take.
Yes.

I've experienced it many times already since I started gambling. You will feel the adrenaline rush, and you will think that you will win constantly, and I will only stop whenever I lose my money. That is also the reason why I didn't experience a day when I end up winning in gambling because most of the time I end up losing especially when I'm in a winning streak.

Over time, I overcame it and know how to control my emotions and stop whenever I feel that I need to and will continue to gamble the next day. Gambling is all about emotions and luck as well Cheesy. You can't handle your emotions? You are unlucky? Then you have a high chance to lose your money.

Yes mate!, that's what I am feeling. It is really hard to overcome , I admit it to myself that I always fall for temptation in gambling even now, I always say to other people that they should learn to manage their emotions but if you are in that place it is very hard, self-discipline is very much needed, we can stop ourselves immediately consistency will be the key and one step at a time.

We get easily influenced to such choices. Its based on the situations and needs one decides. I had chosen to play back but yes I have lost often. Thought I would get another chance to win but kept loosing. Literally stopped playing now as I could not concentrate on main stuffs. Yes this is kind of an attraction and we easily tend to get addicted and never get out of it.
If you are really not good on handling out your emotion then most likely you would be ending up on spending those wins back into the casino and losing it again.
Very common scenario for most gamblers on where they do end up on such situation on where they do really eager to spend those winnings back because of the
hope that they might win again but thats not how gambling works.You might be lucky but not all the times that it would really be staying on your side.
2086  Bitcoin / Bitcoin Discussion / Re: How do you spread BTC to people within you on: June 13, 2022, 10:59:11 PM

One of the way  to spread bitcoin is to let the people around you to see what bitcoin has done for you first, how reliable is bitcoin  and what you know about bitcoin.  This will convince them and make them to know that they are safe in investing bitcoin.

Y
You
We must be careful with the word "safe" here. I personally think that investing in BTC is safe in the long term, but if someone wants to make profits within a year, it's obviously not safe to invest.

At this point I think it's enough to convince people that Bitcoin is a useful thing that will stay here for many decades, not a financial pyramid like many still think.
You are right how safe it is to invest for longterm,  not like other coins  that dint have have good value  which they can remain in a particular point for a longtime without yielding any value,  but bitcoin is well profitable and safe if hodling it for a longterm.
How you would be explaining it considering nows the time where everything is on deep reds? or simply a bloodbath? It is really that hard to convince someone whenever they do see the price is plummeting.
As long you dont really give out some assurances and explain them about the basics or basic principle of its behavior and utility then it would really be that cool but expect that
it would raises up lots of questions which you should be prepared on answering it all on a well manner or well explanation so that people wouldnt find out to be boring
or something that is dangerous to deal with.
2087  Economy / Gambling / Re: Themed Provably Fair Casinos on: June 13, 2022, 09:59:28 PM
Yes, I really prefer such casinos. The experience is better.
Better on the sense you are hanging out with a certain platform and those UI/UX would really be greatly affecting users experience thats why having some good themed or color scheme sites do really end up on getting
good impressions in the public.Experience is better since design and theme could really give out that emotion boost or feeling which is something that we do prefer rather than on playing on a site
which do have poor graphics and design which it is one of the indicative signs that you are dealing with the right or legit site or platform but of course there are also
other things to consider too.
2088  Economy / Speculation / Re: Bitcoin scenario crashing to $20.000 - $23.000 on: June 13, 2022, 08:59:35 PM
Well, that was fast, all this occurred while I was asleep. Honestly, I truly believed that the prediction would turn out true, however, I never expected that it'd   go that way so quick. Bitcoin is currently sitting at $24.000 as we speak and Ethereum at $1.200, both just hanging above the 24 hour lowest point. By the looks of it, both are going to crash even further. On the one hand, I don't mind since I'm receiving a higher amount in Bitcoin, but on the other, it's kind of sad to see the market in such a state.



Screenshot from CMC's live chat. I'd opt for option A.
I would go for A too but for sure there are people who are freaking out and choosing that D.   Cheesy We are crashing now but is this the first time? No. If you've been here on this market for years then these things
arent something new and you are already get used to it and do knows on how to utilize these movements for your advantage.
Cant really blame out for someone to have those impulsive reaction specially for noobs but once they do get the right idea and awareness then
they wont easily be that too reacting in times like this.
2089  Economy / Gambling discussion / Re: The Most Expensive Thing Bought with Winnings from the Casino or Sport Bet on: June 13, 2022, 08:09:27 PM
Some years ago, I won a decent amount of money from a sports bet. It was the equivalent of $550 in my local currency. I was thrilled. I decided that I was going to spoil myself a little. It coincided with the time Sony announced the price of the new PlayStation 5. The price was the equivalent of $500 in my local currency. I walked into a mall and bought it. I played it a couple of times. One week later, I traveled. I spent 3 months out of town. Sadly, when I returned from my trip, I discovered that my house had been broken into. The PS5 was stolen together with other valuable items. I was upset

What is the most expensive thing you've bought with your winnings from a casino or sports bet that you've never used or used only a few times or even maybe regretted buying?
When it comes on buying things then i dont really regret on doing so because majority or most of the time on where i do tend to buy something then it would really be on my wishlist
Speaking with gambling profits then i do buy a flagship smartphone and i do still make use of it over a year now and even though this isnt something big but still a considerable
amount which you could really able to buy on what you do like or wish for and i dont risk it out again on playing those amounts into gambling because high likely
those amounts be lost back again into the casino.
2090  Economy / Trading Discussion / Re: If Bitcoin drops to $8k on: June 13, 2022, 06:59:30 PM
Most people do not contemplate that the price can reach a price like that, everything is possible, in fact everything in crypto is possible, if the price falls to that level, the safest and smartest thing to do is is to buy, of course this scenario should be considered, although it is a bit strange because BTC has a large institutional investment and the whales would have a great loss, I clarify, the new whales that entered the market buying at high prices, not the whales that the first thing they do is short and then buy cheap.
All coins, including Bitcoin, are now declining. Bitcoin has come down to $25k.in its behavior, it seems that Bitcoin can go down to $20K. Which will give us a great opportunity to invest in cryptocurrency at the last time in dip. I look forward to that opportunity too. Let's see what actually it happens
Yes, at this time the price of Bitcoin has dropped to $25k and the altcoin market is experiencing the same thing,
such a possibility but that doesn't mean Bitcoin will drop to $8k,
the most important thing is not to panic and follow the market movements all the time
Even we are already too far off but we know that there's always the probability yet we've been seen the price is always been unpredictable and we wont know if we would really be going that low or going into those

early years price point but even myself not really that convinced that we would see these numbers again but hey im still open minded about probabilities yet this had been always
the case or scenario that we do commonly see into the market where price could shoot or drop without even knowing or being too aware.
2091  Economy / Gambling discussion / Re: Your Mantra After, while playing And Before You Gamble on: June 12, 2022, 11:58:57 PM

If I were to choose which type of gambling would I participate then I would choose sports gambling of course because that gives me more chances to win rather than relying on luck alone which also increases our chance of losing. Sports gambling is more entertaining and fun as for me as it needs knowledge before we place our bets and we get to see various sports of our choice.
Entertainment could really be depending on your preference whether you do enjoy on fast pace games or simply into those sport games on where you could actually see live and yell whenever your team made out some
points and this is something that i do love when playing out on sports betting but there are times which i do hurry up on playing thats why dice and slots would be the key but
of course im not really anticipating about making profits yet house do always win in the end.Speaking with mantra and any beliefs then i dont think that they do exist nor effective.
Luck is something that cant be influenced by anything.
2092  Bitcoin / Bitcoin Discussion / Re: How do you feel when the market is downtrend? on: June 12, 2022, 10:59:07 PM
depend on my mood and my desire , Sometimes when I am in need of funds and have no extra to get ? then I wanted prices to Pump so  i can take part of my profit.

but when I wanted to add more crypto? then I pray for the market to dump and that is what happens now.

Maybe I can say, I am sad sometimes but Happy most of the time lol.
Sad and happy are just a matter of our attitude towards the market. in the market, bullish and bearish are events that always exist alternately, when bullish, then the best thing to do is to sell them, until we wait for the bearish season to come, and we analyze to get a buying area, after buying of course we are in a period of waiting for the bullish season to come come and make a profit. it's actually like that over and over again in the crypto market
People get money true the bearish time of cryptocurrency, some to get their money from bullish time of cryptocurrency so whatever thing that happened to cryptocurrency the fountain that is been determined by the trader all marketers so cryptocurrency price can't make me sad because I believe that everybody that knows about cryptocurrency will understand the outcome of it when it comes in the relation and the collaboration or falling and their rising from my observation I understood that Bitcoin you can only make profit when the time of it increases in the market
When you are good then neither way you could really make money even with the slightest movement with the price but this kind of method isnt for everybody because not all would really
be good on making out some scalping decision or trades which does require extreme knowledge and skills for you to end up to be that sustainable.Market trend could neither give out that
kind of excitement and at the same time you would really be that scared or hesitant which you do presume that things might even becomes more worst compared on what you
are currently seeing at the moment.
2093  Economy / Gambling discussion / Re: Do You Think Its One Too Many on: June 12, 2022, 09:59:33 PM
We’re talking about huge money here and most probably that gambler can raise this concern into the court especially if its the site is just ignoring the issue. No matter how much the freeze amount it, if the site has no valid reason for them not to allow the withdrawal, they should not do it because it can still affect their reputation. Those good reviews can be invalidated by this legit accusation, gamblers should think twice if they are going to continue with that site or better start looking for a new one.
As long there would be no valid reason then there's no way that they could get out from it and there should be some immediate actions in relation on what that they have done.Any sign of holding funds without solid reason is inexcusable. The community is powerful because once they do tagged out or say that the site is scam or shady then it would really be giving out big effect into the business which is something
that you dont like for it to happen.Those thousands of good feedbacks of yours would really be gone to waste if ever the accusation would be prove out.
Dont let yourself to be that confident on not to solve out any problems specially if its attached with money.
2094  Economy / Economics / Re: Can Central Bank Digital Currencies Kill Cryptocurrencies ? on: June 12, 2022, 08:58:52 PM
I don't think Central Bank Digital Currencies offer the same ideas as cryptocurrencies, at least most of them. They will most likely form a separate sector of finances that will coexist with crypto and FIAT, but will (probably) have less importance than the other two. And they might as well intertwine with FIAT and crypto to form some kind of a bridge between those two. Could be interesting.
For sure government had already been doing this into those early days or years of crypto existence yet everything that do opposes centralization shouldnt really be letting on loose.
We've seen on how they do struggle out on controlling crypto space but they do still failed thats why the only that they could get in touch with is into those times
on making those centralized platforms would follow up their regulation. CBDC's does exist and we know its usage and behavior or quality which it isnt really too far off with e-fiat.
Killing crypto is impossible thats why they would do coexist.
2095  Economy / Gambling discussion / Re: Slots is More Likely to Cause Gambling Problem on: June 12, 2022, 07:59:40 PM
As a business then you would really be thinking on different ways or methods on  how they would be hooking up players even on means of those good or catchy thumbnails which
i could say that it is really that effective plus having those big multiplier kind of advertisement which you could possibly hit on playing slots then thats do really adding up the
interest and curiosity thats why we do really ending up on trying it on our own and do lose up in the end if you arent lucky enough.We know the odds and chances of winning slots
where it is really low and when your emotion burst up then this is where addiction starts to come out.
Even now, I still see people closest to me who started gambling complain for the umpteenth time. Spend their money just being lulled by thumbnails and also messages coming in from casino promoters. Marketing techniques that are very addictive, they are difficult to avoid when slot gambling gives curiosity as well as addiction. Self-control especially for beginners who fall into slot games has really become a rife phenomenon in the surrounding environment.
Expect about those ads and other marketing aspects which you might able to encounter.On having that accessibility that we do have today then its likely you would really be getting exposed
into these things which it isnt really that surprising that you would really be making yourself to get involved if you arent really that good enough on your emotion and self discipline on dealing with something.
Addiction in gambling wont matter on what kind of games you are dealing with whether on dice/slots/roulletes or sports betting because addiction do share up with the same form
and those anticipations and hopes are just the same.
2096  Economy / Trading Discussion / Re: Can newbie become rich with trading on: June 12, 2022, 06:55:52 PM
Trading look like a hard to understand game and for any new person in trading making profits is always hard that is why am here to ask how can a newbie make profit trading coins and what manual can be followed.
You see trading as a tool to get rich quickly. Which is giving birth to a greed in your mind. Trading is a legitimate business where you have to be patient and control greed. Otherwise it will throw you on the road.  And you will lose your investment. you can follow Trading signal from expert  group or you can bought top & value coin and hold for long term like Bitcoin, Ethereum, BNB for example. It will give you a good return in future
You are definitely right on this one on which if you do have that kind of perception on which you do think about easy profits or something in related then this would really poke up that being greedy of yours
considering that humans are naturally greedy then its likely that would really be poke up  when you do already have that intention in mind of becoming rich or you could make profits
in a shortest time as possible but we know that this isnt how the market works on which you would be hardly able to do so when you are on the actual situation.
It would be still involving  lots of errors before acquiring such state.
2097  Economy / Gambling discussion / Re: Slots is More Likely to Cause Gambling Problem on: June 11, 2022, 05:57:09 PM
I have the perception slots is one of the gambling games we have lowest control over the gameplay. There isn't much freedom to configure the game as you want. It's different from a dice game, where you can bet from 1 satoshi on, while playing with the odds as you wish. Slots work 100% in function of extra/bonus spins which you can buy for hundreds or thousands of dollars. Without those special spins which boost your rolls with extra multipliers, you just lose money.
In my opinion, the visual aspect is the main reason why people feel so excited and tempted to play these games, added to the huge multiplier bonus, since it looks fascinating  withall those colors, icons and brights alive on your screen.

I think that the main element of attraction and the appearance of the desire to spin again is that visually the player gets a picture where he sees that if he got a slightly different symbol (or a couple of symbols), he would win a lot of money. This creates the illusion that a win is near and forces him to keep playing. Although in fact he was not even close to winning and his further attempts have the same low probability as the first ones.
So those near winning patterns are the triggers? Possible but wont really be that precise because emotion and mindset will surely mix up which would go along with those patterns which would really in result
on having those impulsive reaction and perception towards slots gaming.I cant really deny that it could really give out that boost of emotion even just on simply spinning.
Gambling problem is something that wont precisely be blamed off on a single game in the market but rather in overall i should say.
2098  Bitcoin / Bitcoin Discussion / Re: What are the comparative advantage of Bitcoin over other blockchains? on: June 11, 2022, 04:27:17 PM
Bitcoin blockchain tech is just really enough if we do talk about p2p transactions which is decentralized and pseudoanonymous but cant really be denied that there are blockchains
which are also good and those things are sitting behind in ranking or below with Bitcoin specially ETH. Smartcontracts utility is something revolutionary and same goes with others
too.Despite of being much better than with the current Btc blockchain but still not enough on beating it out on placing themselves on the top which simply means that
bitcoin would be always better.
2099  Economy / Gambling discussion / Re: taking out a loan for a sports bet on: June 10, 2022, 06:48:57 PM
Your credit score, source of income, possibility of paying back, would determine how much you will be eligible to get as a loan. You might be aware of it by now. As many have said and from my experience, I would say, taking a loan for gambling / trading, is not appreciated. But if you know you can manage with the other source to clear the debts, then yes you can go ahead. But you will become addicted and will tend to still go for loans and debts. So its good to cut down at the very beginning.
The question is, would he able to take up some loan that big? For sure it would really be mattering on your credit history or status which would really be a big thing to be considered
by any loan companies out there or banks which they cant just provide easily on what to those amounts that you have in your head thats why it all depends on your
capacity  and expect the requirements isnt something that could really be easy thats why you should provide all the requirements if ever you are forcing to have that
kind of amount but in overall taking a loan for gambling isnt sensible to be done.
2100  Economy / Economics / Re: Taking loan during high inflation? on: June 10, 2022, 06:11:39 PM
Today I had a meeting with a friend of mine who teaches economics at university.
He believes when the inflation rate rises that's profitable to take a loan even with high interest to buy other assets such as gold, bitcoin, and even real estate. On one side of this theory, we usually suggest people never invest money that they can't afford to lose and don't invest the money that does not belong to them for many reasons. These are golden tips and useful in any market.
But the question is what if you do not own enough money for investing? can you take a loan and invest?
Because if you look deeply into charts of inflation rates in most the countries you can easily understand taking loans even with high interests could be useful and profitable.
Personally, I don't suggest doing this because using other people's money will put me under stress and this can have negative effects on my decisions. What do you think?
I don't understand what is the logic behind this? The basic mathematics is that you have to invest in any asset which will give you a better interest rate than what you are paying for your loan or borrowing only then it can be said that it's profitable otherwise you are just struggling to pay interest, second thing here will be the cash flow loan interest generally you have to pay in cash while returns on investment you might not get in cash those will be reinvested. So this is financially wrong, also in times of high inflation you will find interest rates are also pretty exorbitant so technically makes no sense to do this.
Profit wise then we do know the benefits or advantage thats why some people do really take risk on getting a loan because they do know those probabilities but considering yourself putting some funds or investment in

crypto which wont really make out any assurance of profits but once it does then we know that it could give out those enormous profits which is something that you cant find on any investment or to those typical.

Its not that recommended on taking up some loan but there are instances or situations which there are exemptions or does really need such action.
I don't agree with you one this. Infact if you see in longer term Cryptos has always assured you profit (obviously if you were wise enough to keep everything in safe coins and not shitcoins). So this is assured that you will repay the loan and end up in profit. The only doubt is the cash flow. You might have to repay the loan at a time when there is market collapse, not to forget regular interest payments are due which you obviously won't be able to pay in bearish times.
Deal with the interest because its been there since from the start and you are fully aware of it before you do take a loan and on the time that you had applied then you had just
basically accepted with those terms which i dont see the thing or right action yet you are the ones who had dealt on it which you should accept the risk on paying those interest
whether its a bull or bear market.Its up to you or its up to your own choice as long you do agree with the terms and conditions then you wont really be having any
choice but to pay those interest no matter what.
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