Greetings!
While trading sometimes I drop back from my original plan. Such emotional decisions often bring loss cuz I tend to change orders on panic or when I mistakenly expect more potential income. How do you deal with that if you feel the same way?
These are the normal reactions of each of us, however, it will have a tremendous impact on the job. So, to work better, we need to learn how to control emotions. Calmness is always the cause of success. It actually takes a lot of practice of controlling your emotions. We take example the soldiers, it takes them many months to a year of training to master stability under pressure. Even so, when they are already in the real mccoy, some tend to lose their calmness and start to act uncontrolably and may cause their eventual death. This is the same with gambling or any form of that, we need to master it and train ourselves as much as we can. |
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How does one Put down Gambling for good?
In order to quit gambling for good you need to have a good and stable income or job because ofcourse the main reason why you are gambling is that you nned some income. Gambling is good and not bad yet it is not good to always depend on it because sometimes gambling isn't good and isn't fair in terms of income. to me i think still there are people who have a lot of money and having good job but still they play gambling, therefore in most cases money is not the issue. but you nee to have such activity where you do not feel the need to play gambling. We need to trade so we will know if we like it and if its enough to stop us from gambling. If you think that trading is enough for us to stop in gambling then continue it because gambling is more risky than trading. If that's the case, that's how you can stop addiction. Being occupied in other things would help you in a way to forget what you are used to doing because quitting in something that has already been a part of your life would be hard. No one can stop that but yourself. Control and be the master of yourself. perfect just quit with your own decision and make sure you really aiming for it, thats how should quitting will be easy but those who still engage are those who really can't go out with their excuses if they really want it to happen they be better start doing it now. It is not easy just like that, deciding to quit gambling is easy but doing it is the hard thing to do, if you are not dedicated to do it, then you are just fooling yourself. In my opinion, I could say that in order to quit gambling for good, you must think the consequences that you might face if you are not going to quit gambling and continue to do it as a living. For example is getting broke or going to have many debts in the future because of your gambling addiction. That is right mate. That is really not easy and that is why when you feel something wrong with your gambling habit at an early stage, better find ways to divert your interest into somehting that is more productive so that you will not get hooked and be addicted to gambling. |
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It depends on what you need, gold is the best store of value that we have at the moment, bitcoin on the other hand is the better investment, if you are already happy with your wealth then buy gold, if you want to multiply your investment then the best option is bitcoin.
You're right, sometimes people have different businesses, and that also includes one. If you're great at using bitcoin, maybe choosing a bitcoin is the right choice, and so is gold. Well, I think gold and bitcoin also have the same opportunities in the business world. Bitcoin and gold is both a good investment that we can take. The former is quite agrresive in terms of profitability while the latter is consistent and secure. I have a hosting business that cater with my clients and I am acceptin bitcoins as one of their ways of paying for my service. That is great because you are using bitcoin and also accepting it as a payment for your service. It is also a good way to promote bitcoin for usage because some of your customers might not know what is bitcoin so they will got curious and a lot of questions will pop up in their minds and that when the learning will began and it will become a new birth of bitcoin user. You are correct Sled. Although I only have one client that pays me with bitcoin and the rest with fiat money. But I am setting this payment method because I am really confident that one of these days, bitcoin will massively be used for onine financial transactions. |
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Yes experience matter in gambling for example if you are playing dice games and you have experience red streak. As a newbie you will do some rage betting and most probably you will all in all your balance resulting in loss but when you have gain enough experience you won't do all in rather than you will get it back slowly. This is my experience that i got when i'm playing dice.
Another example is the poker games with this kind of gambling experience is a plus factor to a player.
You are correct and that as long as you are using your experience for the good and will benefit you, that is one of the best way for you to win more than losing on gambling - but with pure luck gambling like slot machines, do'nt expect to win all the time just because you are an experienced player because most likely you will not win. |
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Whatever you do start your own side business. That is the most important advice in life. If you have a side business even you loose your job you can still make money and develop your business into a full-time job. If you work a full-time job then it gives ou extra income and safety.
There is nothing more important than having a side business!
If you work full time, then you have your own extra business very hard. Therefore, you need to look for a passive source of income. But the problem is that you need to have an initial capital for this VasyaPupkin is right having to manage a business together with having a full-time job is an impossible task not unless you have help with your business. That is how businesses works "you let your hard earned money" work for you in a way which you hire people to manage your own business. Well also I think that is the key in order to have a stable income hire the right people to manage your business and observe if it is growing right behind their backs, even having a full-time job is still considered a temporary solution but if you have a 2nd line of income like a business then you are good to go. You are right there mate. As what they have said, you can't serve two masters at the same time. However, if you are just really good at scaling and leveraging your time and business, you can actually work and at the same time earning from your business - and yes, it can be done by hiring other people to work for you. |
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Yes because play gambling games we can get the new friends especially the gambling games that use digital coins for makes betting on there, because digital coins are for the people around the world, personality i come back to play gambling is just for fun and entertainment and i don't play gambling every time because i never get the profit from trading every days.
Why would you try to make new friend on a gambling site? it is not like you are getting anything from a stranger. It is weird and if you are so desperate to need a friend then simply go out and make some friend. It is definitely not the reason that you need to come back as you are not literally making any real friend just acquintance Well, in fairness and to be honest, I found a good friend with onine gambling and we do some outside projects right now and we communicate often. But I agree with you that if we really want to meet new friends, better go out and find friends that you meet physically. But it is really a sort of personal preference and we need to respect each other's preferences. |
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There are many people who lost their money on trading, because trading is unpredictable job, in my opinion i need:
Method ( i must have system trading)
Money ( i must have management of money and risk)
Mind ( i must can control my emotion)
Tell me your opinions?
Luck, I think  And about mind, mind is used to predict the markets, predict other traders and predict how the crypto currencies would show up in the future so that we can decide to buy or sell at the right time. Agree luck has a big part in trading most of us is based on our own prediction we buy a coin that we know has a possibility to increase its value then if you are lucky that coin will pump and you will get profit then there is a bad side that you lost your money. Our mind are only looking for profit most of the time we do panic selling because we are afraid to lost our money. That is why before we even start trading we need to have this resolved in ourselves that we need to follow our gameplan without any emotions so that we can thing clearly versus to let your emotions do the trading impulse. |
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Faucet playing has really no challenge at all and it is not also our property so it is not worth it and it will most likely will going to lose at any given time during your gambling sessions.
It is not challenging because the amount is very small, aside from that it is not your own money therefore you dont really feel anything even if you ended up spending everything. In the end you are going to just feel that it is just a kind of game token that you can keep on getting whenever you have run out of it You are correct mate. There is really no sense of personal ownership with faucet and therefore you can't just question that all of your earnings from faucet will all gone in an instant because in the first place, you just got it for free. |
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gambling is one of most popular recreational activities of adult across the world.
one factor that is a reason for gamblers becoming addicted. particularly early on thier gambaling life. is the experience of an early big win. the buzz winning such a large amount. and sometime be overwhelming and fact arrives so early means that the player thinks it is easier to land such wins then it is in rality.
Can you please enlighten us with the source of the part of your post which I highlighted with bold? I thought that adults in the world specially those in our country have a lot of work to do and recreate only with their families and friends. Maybe go out for a movie or a date or restaurant. Then again there is some sports betting in our country which is popular but only among some 20-30 age group. while your claim may be partially correct I dont think that it is the biggest of them. Well he did say it's just onr of the most popular and not the most popular. I actually agree. A lot of adults are in gambling as much as young people are in watching movies or going out on dates with loved ones. There would be a considerable number of people all iver the world who find gambling worthy of their interest whether it's small time gambling or high rolls in casinos. Especially now in the era where it is no longer a pain to register to online casinos and send them ID for verification and those requirements - not to mention that you will be waiting for several days just to open your account and some other countries are not permitted to create these online gambling account. With bitcoin, everyhting changes and it takes just couple of minutes to create an onine account and started gambling online. |
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I don't think there is a perfect game strategy in dice that could win 100% all the time, and I have seen quite a number of strategy used by some big whales, they do managed to get into good profits stats at the beginning, but as usual, not withdrawing the money out from the site was a big mistake, and their stats became negative in that session.
I have also known personally (actually he is my friend and mentor) to have book-like compilations of strategies for dice games. He is really good at it and managed to win lots every session he has. Maybe it is second nature to him as he eat and breathe with bitcoins and gambling - he focus all of his time to it and he is doing well in the process. |
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No gambling is not guarantee for losing. There are a lot of people who consider gambling as their mean or earning money, and in fact they are making money from gambling for a long time. They have gambling skill, knowledge and experience they know all the trick of gambling and defiantly they may also have good luck therefore they are winning gambling bets for most of the time.
The number of people that lose compared to those that win is incredibly higher than what you are expecting. Therefore dont even think of trying to be rich from gambling alone. You could be getting some money from that however dont ever think that alone is enough to sustain your life forever because it is not You are definitely correct mate. That is a clear show of how casino house edge advantage is working - there will be more losers than winners as programmed by these casinos. They should do these and informed players well about it - this will ensure that their business will thrive and they will continue on giving more fun and entertainment. |
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I even do not think if gambling can make profitable in long term, because as far as i know who gamblers which addiction in gambling and always got loses, they just want to try to recover they lose, but I think only a few gamblers.
In the long term, everyone will most likely lose however with some variance you could win. Dont even hope that you could be lucky and hope that variance help you to win. In the end you are going to really rely on your luck so why would you go for long term when you know that you have better shot in the short term? Make sense. With the game of luck, there is no such thing as long or short term - you will win because you are lucky and you will lose because you are not. That is really what happened with gambling. However, if it is based on skills like poker, well it is a different story already. |
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hello everyone.i want to know what do you think about gambling bitcoin.. Does Beneficial or more losses? Share your story here guys!  No. Why is gambling wrong? And about losses, profits, it depends on your skills, your luck and your feeling. To consider a gambling section is good or bad, it's all about personal feeling. Right. I even think gambling cam be good to someone if they do it correctly and responsibly. If you gamble recklessly and end up asking money from others or even trrating others badly if you don't get a positive outcome, that's when it goes wrong. So keep your emotions to yourself when you gamble. Gambling is definitely not a risk if you will not take a risk, meaning the outcome depends on the gamblers performance and if you play for fun and have the skills to control yourself you will be out of risk and you will never call gambling as a wrong activity. I have made mistakes in the past and just like everyone who are upset I also thought gambling is a bad thing but eventually I understand and correct my mistakes. When you are just playing for fun and entertainment, then it is not a gambling and it is now a pure entertainment which should always be the case. I would rather risk money on trading and just use money that I can afford to lose to gambling which I just do it for fun. |
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yes is u predictable job I'm also lossing money in trading because I'm buy coins in the pumping momentum . I suggest the good time to buy coins is in lower price
Yes, but becareful with the price of coins is in lower price because it can be more more lower price, so actually we must know about the trend of price, the good time to buy altcoins is when started sideaway (stable) or wait until there are sign on your indicators to buy the coins and it needs skill of analisys technical for makes prediction the price. Just make it very simple, if you have bought a coin and the price continue to go down all you need is to have patience and wait for it until it rises again. It's not hard to understand how to make money in trading but not only that you are smart mentality but you also have to be strong emotionally. That is so true about being not just having smart mentality but also have to be emotiionally strong.. My advice is that when you are just starting out with crypto trading, you can always be too emotional and tempted to sell even at loss but you can actually combat it by changing onse mindset through buy and automatically sell at a higher price and logout for hours your days. And then you just rinse and repeat. |
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Well, I partly agree with that statement but that is precisely the big reason why we have a very big business trading...the volatility of the market can be a factor why a trader will earn money and of course lose money on the other side of the fence. Trading is not for everybody though anybody can be a trader with the help of the internet and new technologies.
all is indeed an option. we are free to choose us. to be a trader or not it is the best choice. however I think that the trader was a very nice job. This is a job to observe price movements up and down an investment. That's the heart of trading which is the volatility of the price of each coins in the market where traders also had a chance to get profit too if there is increase or decreasing happening in the value of coins. If you have a good predictions ,right now market was decreasing because of some issues or news but it is the right time to buy some good coins that will go up again to the moon. many take this kind of big opportunity to earn a sure profits in trading. You are correct. When people are panicking selling their altcoins out of fear and anxiety, it is the best time for wise trader to buy as much as they can and when the statistics are starting to bounce back and people are busy buying, then that is the perfect time to sel and bank hard. |
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The simplest reason for addiction is free money and when we fail to get profit, we try again because chance of getting profit is always there with every bet. Humans by nature are greedy. This keep bringing them back to gambling. Some people do have self control but mostly don't.
Free money? Where? I never had free money aside from the faucets. Chance is indeed there, but it is super slim and you won't even believe how slim it is. Less than 1% and close to zero to be exact. I agree about human greed, that is what fuels the world today. If greed was non-existent I think the world would have been a better place. Faucet playing has really no challenge at all and it is not also our property so it is not worth it and it will most likely will going to lose at any given time during your gambling sessions. |
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Definitely,
Experience always plays an important role at every stage, if you have experience then you can take decision based on your previous experience. Since gambling is a luck based games so that, luck is also required to win gambling, but gambling has some strategy in order to gain in gambling so experience matters.
With experience, it is not really a definite guarantee that a gambler will always win. This is especially true to gambling games that are based on pure luck. However, if it is requiring skills like poker, then experience and skills play a vital role for you to win more than losing games. |
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It depends on what you need, gold is the best store of value that we have at the moment, bitcoin on the other hand is the better investment, if you are already happy with your wealth then buy gold, if you want to multiply your investment then the best option is bitcoin.
You're right, sometimes people have different businesses, and that also includes one. If you're great at using bitcoin, maybe choosing a bitcoin is the right choice, and so is gold. Well, I think gold and bitcoin also have the same opportunities in the business world. Bitcoin and gold is both a good investment that we can take. The former is quite agrresive in terms of profitability while the latter is consistent and secure. I have a hosting business that cater with my clients and I am acceptin bitcoins as one of their ways of paying for my service. |
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I think Bitcoin will not make the banks disappear but also make it even more development. Because, the value of Bitcoin will also be converted into money, where money exists, it is certain that banks will also survive. I believe the banks will change rather than disappear. They will change to be able to work with Bitcoin. In addition, banks are inevitable needs of each person when they want to borrow money, save money, change money, transfer money, ... nothing can change it. Therefore, the bank will not disappear Basically the bank was formed from the government, and it is really in need of a country. Well, I think the bank is something that will be a harvester in a country. Aya do not think that it will be replaced by bitcoin or other altcoin. That is correct. So, what is sure thing to happen and is currently happening right now is that banks and bitcoin co exist each other.. People have opportunity to choose which alternative they want to use on their online financial transactions. |
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Must say I'm sitting on the fence about megadice. I had noticed your accusation some time ago but also can see the bad feedback you've received from reputable members. I loved satoshidice in past but since the ownership transfers my confidence fades. On the other hand your arguments seems reasonable. Hard to decide. It's hard if you will invest in gambling site with previous bad record but there are more that are operating with a clean name. I guess we will invest to those who are only reputable and proven profitable. Here are some,https://bitcointalk.org/index.php?topic=1585408.0. Been following that thread.. Thanks for these list. I stopped investing to online casinos right after betking no longer accepts investors to their online casino platform. I will take a look at that thread and maybe I will start investing to onine casinos again. |
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