if I get the money or bitcoin worth 50 million dollars I certainly would be a gamble but I would define my limits. for me this was an addict. difficult to eliminate the taste for gambling
Hi mate, what are you saying is that, even if you become rich and have many bitcoins like 50 bitcoins, you will still gamble but with certain limitations, right? Well, I agree on that! and even if we get rich and have many money or not, we must at all times have certain limitations on what we are doing because too much of everything is really bad.. |
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in the end is very difficult to find a safe way to benefit each gambling. Well, how terbaikya just taking care of yourself in order not to lose control, because if you're craving and loss of control, it will be very difficult to find an advantage in the game. control yourself and calm mind is probably a good way
to me the only safe and smart way of playing gambling is to play gambling in a limit, if you have some strategy for your gambling and you play gambling in a limit then you can prevent yourself from such a big lost, I totally agree, once you have no plan of the amount that you wanted to use/bet in gambling there is always a possibility that you can lose all of our money if you attached easily in gambling. Gambling can be so addictive if you really can't control yourself. If you just want to have fun in gambling well you don't have to place big bets because you will probably lose and all of your money. So it's better to play and have fun and be content on some small amounts of betting and limiting yourself to gambling. You will lose because it's gambling but it's expected already, if you play for fun you will still lose but you can limit your loses because you will not chase for your loses and you let go of your loses easily. I guess that is the smartest way to do which is to minimize our loses. You are definitely correct there mate. If we play or gamble just for fun, whether we win or lose, we get what we want - we are entertained. However, if we take gambling as our way to earn more money, then that is the start of us losing because we keep on chasing our losses.. |
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I think you can use to gamble bitcoin by dividing the percentage of investment / trading remainder to be stored. I think for gambling has the highest risk. I recommend trading of the gambling or investment
But in the Bitcoin world the only investment either you hold your money in your wallet or you put your money in a hyip/ ponzi site which is also risky as gambling. Better play your chances in gambling than play your money in an investment scheme that any time of the day they can run away with your money. We can invest our bitcoin though to online casino that way we are not the one gambling on that casino and as if we are the owner of the casino - how is that mate?  Or we can lend our bitcoins in places like poloniex and make our coins grow there in time.. |
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I think gambling has little to do with wealth, I mean, both poor and rich people gamble, win, loose.
The difference is that rich people don't care about loosing as much as poor people do.
If you are rich you just don't know what to do with all that money, so you play; I think I would do the same.
People who are poor are having problem as they gamble because they don't know where to get money in able to sustain their gamble acts. But for those rich people, they have problem also. They are thinking in what things where they could spend their money. And that is very easy thing for rich people to gamble any amount they afford to lose because they have unlimited source of capital. So if a poor gambler because lucky and he becomes rich then he will keep on doing it. Honestly I like the problem of the rich base on your example, problem on how to spend your money than problem on where to get money is more appealing, I wish I was rich, does not matter if I have that problem on how to spend money, it can easily be figured out. I could not help reminding myself of the book rich dad poor dad by robert kiyosaki when he says that there are 2 kinds of problem when it comes to finances: one is the lack of it and two is more of it.. The obvious choice of anyone is the second for sure or am I missing something  |
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The main idea to gambling of course for profits even tough I do enjoy process that required knowledge, skills and luck, it's fun.
We can't avoid losses in gambling so just bet what I can afford to lose and set some amount just for gambling and when it gone, I quit.
those who play gambling games for profit and nothing else will soon end up regretting it because there is nothing in gambling apart from losing. and all that skills and luck talk is just talk that gamblers use to fool themselves into thinking they can eventually turn the table around and start winning when in fact their total stats are in loss. True. Gambling can not bring you a stable profit. You will soon be bankrupt and lose all your money. If you continue to gamble without thinking clearly, you will end in debt. Gambling is just for fun. Keep that in you mind There is really no such thing stable income in gambling, because gambling is always base on luck and there is always NO ASSURANCE in gambling because in gambling if you don't have strategy just enjoy your game and don't mind about winning. There is and only if you win but most of the time we lose because it's gambling we have no advantage in playing it, therefore a wise man will always play gambling for fun so it will not affect our life and we can still go on with a productive life. I could not agree more to you on that mate.. it is still best to gamble just for fun and entertainment and not for profit unless we really want to become a professional gambler and do just gamble regularly every single day of our lives.. |
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A person who knows how to control his own emotion will make him feel crazy when he is losing a big money as he plays and that is going to be a big deal even he is a good in controlling himself. And if someone is not really helping himself to stay away from gambling and doesn't do anything then that will be also a factor that can make him a gambling slave.
True, it is also depend of a willingness of an addicted person if they really wanted to stay away in gambling, because for me once you don't have willingness your plan to stay away will always be useless. We also need the help of the advice of other people so that we can hear their sides on how to really stop playing gambling. I agree with this.. unless we do something for our self, then that is the time we can change our lives. Change is huge, change is complex, change is beautiful, change is hard .... but change is vital. If we want to change our lives and be out of addiction, then we need to something changed. And you must start that change with your own initiative and with your own life. On the way you live is one of the best start to make changes and if you really want to stay away from gambling. You must be dependent and constant with the strategy that you are making. You should be a goal setter and overcomer so that the outcome will be good. Agree with that mate.. Everything goes to us - we decide on what we do with our life. If we want to make it fun, we can; to make it adventurous, we can; to make it dramatic, we can; to make it miserable, we can. It all depends on us. |
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I really doubt that because Banks have a lot of power and the governments suppor the banks so it will be really hard for BTC to fully replace the whole banking system.So much more people have to adopt BTC in order for that to happen and also the economy has to change,it is possible but the real question is when it will happen and will there be any restrictions or we will use BTC and cryptocurrencies the way we do today.
It is not that easy to make bank disappear or to overhal the system. I think bank will remain but their influences or services will be limited as there other services who offers like a bank.Bitcoin a cryptocurrency will play an important role to disrupt this services. I always think to bitcoin as a good alternative for fiat money in dealing online transactions.. Banks on the other hand is best use as it is for regular fiat money on any physical commercial transactions. |
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I think we need to have regular job for steady income and i think there is no work in bitcoin to gives us steady income. But it is good to increase our income even in a little portion because it is good to be other source of income.
It's the most possible way to have a steady income, having a regular job will help us survive in this world and though sometimes we are not contented with the amount we are receive we still need it so we have to have it, we just do a side job to increase our income. Precisely it is.. I view work or day job as a starting point to have our own business.. We can save or invest while we work and go for the long haul.. Unless you are really passionate about your work and there is really no reason to stop and do business in replace of that day job though.. |
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lol. There are people who can do this and are very lucky at it. They play allin and just close their eyes. After few minutes, they will check and if they win, they cash out immediately and if they lost, cry.haha Well, right it is better to run immediately than staying because your chances of losing is high when you still play longer period of time especially if you only play with one session.
That's true, because once you stay longer in playing gambling the more also chances of losing. HAHAH! there are always 80% chance of losing that winning in gambling and we should accept it, and accept also when we lose.  that is correct. the more we stay playing the more we are getting ourselves expose to the house edge advantage of these casinos out there. Just play for fun and nothing to worry about losing.. you can also play it smarter by cashing out when you win and don't let casino when back that profit |
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Hmmm interesting.. How can we be sure that our coins are safe using your software in doing poloinex lending? I mean, we need to enter our API key on that software, right? does the software allowed to withdraw o our behalf? I know it is a very newb question but this is for the benefit of the newbies out there.. |
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Knowing that the games are designed with house edge to help the casino win, i would choose invest so that the house edge will be on my side. And i dont even need to do anything to gain more money. Best of both world.
I also wanted that house edge will also be on my side, I also think that if I invested in gambling sites that is good to gain profit, I think I can manage my loses when I play gambling and even if I play gambling over and over it will be fine because I also have income because if the house wins I also win! No question about that, you will certainly gain profit by investing in gambling sites because they are created to make profit, and there are a lot of gamblers who are willing to lose their money just to enjoy the game, I guess that's an opportunity you have to take.. I agree with you mate and this is a good strategy for us to make investment.. I'm also planning to invest in a casino sites we just have to look for a good sites that has a really good reputation and investment of money in return. Good luck to us mate. That is right with investing to casino sites. Although there is also risks involved here like: the sites will go run your money, there will be very lucky sharks that will gonna win on the casino you are investing, and the like. If you are invested to reputable casinos and you just do regular investment, then everything will be fine I guess.. |
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Get a day job. That's probably the most steady income stream right now that I can think of. Although it does take some work each day going to work(hehe), it is worth the reward if you don't have a day job right now.
Getting a job does not mean you are going to have a steady income but in business do. Right now im in my in office job and i can really say that i don't earn that much i only earn exact amount for foods and other needs getting a job is really dificult too but when you are positive enough then you will not stop until you won't find a stable job that will give you more money. I think owning a business is one of the good way to have stable income this is what i do right now a small business like repair shop for computer and cellphone.. I own the shop for repairing gadgets and selling accessories and gadgets. For me i can say that this is stable and i hope that more costumer will come in my shop. while i am collecting bitcoin for another business online someday.. honestly some of my gadget for programming cellphone is from bitcoin.. Wow, glad to hear that from you John. I really love seeing anyone who made success with their businesses.. It just means that there is an addition to the numbers of people that are free from their bosses and can do anything what they like and love with their lives because they are in full control of their lives - that is what business can offer. |
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There is no limit as to what amount a gambler can lose, you can lose literally everything. Just always be sensible with your finances & never gamble with amounts you can't afford to lose.
You can lose everything when you decide to gamble because that is just how it can go I never spend to much on gambling. If you lose then just walk away, never come back with more money because you will lose that as well accept defeat. Yeah, we need to accept the fact when we lose in our game, not even in gambling games but also apply it in real life so that we can move forward and seek some other things that make us grow. That is true mate. In life, we cannot be all winners at all times - same thing as we cannot be all a loser at all times. There is always up and downs. And that song is very true when it says what goes up must come down. Hence, if we vividly know all of these facts in life, then we can just easily move on when we stumble and fall. |
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The house edge is just normal to a gambling site as it is necessary for them to operate profitably, one of the most important thing to remember in gambling is that the odds are against us and it's hard to win in the long run, therefore instead of ruining our life because of our aim for money, just try to enjoy the beauty of gambling.
Yeah you have a point, instead of making more topic in this thread why not just enjoy what you are doing right now? Enjoy the moment when you are playing gambling and just take some good advises in your friends. And gambling is not good for those who need a daily profit, if you're thinking that gambling is profitable then you're wrong, there is a high chance that you can lose if you're not smart, if you're looking for fun and entertainment then gambling is for you, there are many people that gain more profit because they are professional and more experience. I could not agree more with you mate.. Gambling is not really a sure and easiest way to profit and do it for a living especially you are just starting to gamble. The reason is that casino have house edge advantage, period. Unless you are professional enough to gambling thing and you know how to do calculated betting sessions. |
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Gambling is not super wrong but the fact is that you just should not do it too much because it stays something that is risky and can get you in problems.
You just should do it sometimes for the enjoyment and nothing more.
I agree. Gambling is wrong in comparison with sport or education. And yet there are things much worse than that people can be addicted to. For example, drugs which obviously are not good for health at least and adrenaline seeking which is too dangerous. gambling is dangerous depend of a gambler because if that gambler doesn't have any control in his/her money/bitcoin there is always a possibility that gambling will always be dangerous and risky. One should know his capacity in gambling, and if he has a problem with controlling himself then it's good not to continue gambling anymore. Don't chase your loses and forget about it, there are other ways to enjoy and to focus in making money. Definitely, gambling is not for everyone. I would agree with this because not all player can be sure if his gonna be 100% lucky on taking a bet on gambling and taking the risk in playing it, he or she might quit gambling if they are not sure if he would want to lose his/her money because the risk is real in gambling and if you became addicted to it there is no turning back only the slow process the agonizing rehabilitation awaits. Nobody really is very sure and certain that he/she is lucky on that very moment when he/she is betting on a certain game. That is the most certain thing or fact. I would say that the very person or persons that know or knows that he/she will gonna win on any certain bet is or are the casino owner(s) |
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Depends on how rich. But for me that wont be a question and I will really gamble. But I will choose the ones who will need a certain knowledge first. Not like those dice which is a 50-50 chance. Maybe like poker tournaments so it will really be fun.
Make sense when you are asking.. Because when you get rich, chances are, you are investing a lot of time, money, and effort to reach to that pinnacle of success.. so it just does make sense to ask that because you cannot simply just risk all of your hard earned money in gambling and potentially lose them all. |
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A person who knows how to control his own emotion will make him feel crazy when he is losing a big money as he plays and that is going to be a big deal even he is a good in controlling himself. And if someone is not really helping himself to stay away from gambling and doesn't do anything then that will be also a factor that can make him a gambling slave.
True, it is also depend of a willingness of an addicted person if they really wanted to stay away in gambling, because for me once you don't have willingness your plan to stay away will always be useless. We also need the help of the advice of other people so that we can hear their sides on how to really stop playing gambling. I agree with this.. unless we do something for our self, then that is the time we can change our lives. Change is huge, change is complex, change is beautiful, change is hard .... but change is vital. If we want to change our lives and be out of addiction, then we need to something changed. |
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possibly investment is better and safer than gambling because you never know when things might go wrong when gambling you could get extremely lucky and get rich fast or you can bet on something everyone knows it for sure and practically only win a few satoshis but on the other hand investment is predictable and there is an explanation to every thing
Well, actually both are waste of time and inferior to trading. Maybe because I have better skills than you and maybe because I am more lucky than you all, I am not saying you should trade but for once buy bitcoins cheap, sell at higher price and see the satisfaction you get. Between gambling and investing still invest is better option unless you need quick money. Greediness will never bring benefits for both, when you are greedy in gambling you will easily lose your entire bankroll while in trading you might as well miss the chance of selling, everything should be properly written and you have to follow it religiously and you need discipline to be able to do that. yes you must be very careful and having full control on your nerve if you want to make money trading and specially in gambling, as most people when playing gambling win some money then they become more greedy and try to make more and more money but instead of making more money they lose the winning money as we ass the to me different people have different demand as for some people gambling is one of the most easy way of making money while for other trading is the most easiest way of making money, to me trading is more easy that gambling and therefor i have invested my whole money in trading. You are right its not that any of them is easy or safe but rather its the approach and thinking that makes a option better than the other. I think the best way to make money is neither trading nor gambling but to save bitcoins and sell later (around 1 year later) when the price is around $2000 but see everyone differs in opinion. For me, I do believe that everything boils out to the fact that all we do consist of risks. Even when you go for a ride, you take a risk. Just like in trading, gambling, or just saving bitcoin, there is a risk there as well. If we choose to save, then what if bitcoin will go down in price, make sense? The key here is to learn trading or anything you choose and start from there - just like learning to drive a car.. |
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The one thing that keeps me coming back from gambling way back to the days when I was still gambling is that I want to win back all the bitcoin that I have lost on gambling. I'm always hoping that I'm going to win no matter what, but I'm losing more bitcoin everyday, that's why I quit gambling for good because I realized that gambling won't cause any good thing in my life, instead of growing my bitcoin more, it just disappeared whenever I do gambling, that's why you guys might want to quit gambling because you might end up broke.
I think you are wise to stop gambling especially since you were playing for such reasons that will only bring you even more losses in the long run by chasing all the money you have lost. That is correct. it is not advisable to chase previous loses when you gamble. hey! that is not even a good reason to start with when you gamble - your reason must be for entertainment and not chasing loses because you will surely lose a lot due to the casino house edge advantage. Unless you know how to gamble in a calculated manner. |
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While we are all here on this forum to earn one way or another, how well do you manage that money after you've earned it. Do you trade your Bitcoin as fast as you can spending it all in a day or do you save it? I recently got paid for a job I did in programming and i keep finding myself wanting to spend more of that money i made. I have a lot of credit card debt and that is not good. I have destroyed only two ofg my credit cards to which I owe thousands of dollars on.
how do you spend your money?
How rich you are, you must not be extravagantly. Keep in simple life like marck zuckerberg. Although he is obviously rich he isn't being extravagantly. I suggest you to divide your salary in three part, the first part is for your daily need, the second part is for your investment, then the last part is for your emergency condition. If the first part is can not fulfil your daily need you can take some of the third part. In my humble opinion, there must be fourth part = for entertainment. Life can be very boring when all you do is work, save, and investment. There must be some budget for entertainment because we are just human being. A simple going to the movie house with a popcorn will do it - that is one of entertainment example.. going to movie house is not your need, you can definitely live without it but a good way to have one hence, there must be budget for that kind as well imho. |
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