Ayon nga ang kinakatakot diyan kaso ayon nga hindi na rin naman maiisip ng matatanda yan kaya sila pumasok sa ganyan without even thinking yung consequence. Isipin mo talagang papatusin nila pahat yan para sa 2500 lalo na kung mahirap ang buhay ngayon. Siguro naisip nila na sayang din yon especially kung isang brgy at ang tsismis lang na lumaganap sa isang brgy ay may libreng pera, dali dali agad magpuphntahan yun dahil ginawa ni ganito ginawa ni ganyan. Parang naman sa ayuda o may namimigay ng pera, ganon lang din naman sila umaksyon, pila agad kasi yun naiisip pero di nga nila alam maaaring magamit na yung identity nila sa ibang bansa which is nakakatakot, worst case niyan ay mapapasama pa ang Pilipinas kasi at ibang filipino kapag may nangyaring di maganda.

Well, I’ve taught a lot of person about cryptocurrency and I didn’t tell them the good side only, I keep teaching them but at the same time I also keep fudding them that crypto isn’t good, too much risk. Of course sometimes I’m happy to tell them the good side of it because this is the reality, we can earn, we can have profit through crypto but of course due diligince my bros, they should be careful too and be aware of the risks. It’s a common thing that if it involves money, then they should be careful about it, they should have risk managements and be aware about their financial status.

Like now, do you think it’s advisable to tell the newbies that they can become a millionaire if they put money at this point? No.

Tbh, it's easy to control our emotions, it's easy to have a self-control especially if you're a disciplined person and you're aware of everything in gambling. Set limits to your actions, don't get full of yourself just because you feel something positivity, be practical because gambling doesn't work in your way always. Set a specific amount to spend money, and if those are gone, stop betting, don't waste more money. Chasing losses will just produce more losses because you're acting due to your emotions and those will just create mistakes. Always with peace of mind, gamble with a good mental presence, it's very important because losing money is kinda depressing, so always be careful on what you act in gambling.

Always think about yourself, you should know yourself that at this point of losing, you'll crash out, so in order to avoid that, do something, limit yourself.

Probably it's the economy. Here in my country, there are some points that there are too many illegal gambling operators here and many of my people got hired and spread gambling in the whole society. It kinda affects the whole country, there are so many promotions of gambling sites in the country, even some affiliate links spread all over the social media.

So, it's a huge part that it become a trend because of the economy and the acts of the government that didn't make a move about it.

Addiction plays a role too, of course if a person always plays gambling even, he loses a lot of money, sometimes they also tried borrowing money to their friends just to gamble.

So yah both affects everyone, both pushes every individual to gamble and spend money.

If you're in a gambling space, first rule is don't be afraid to risk and don't be afraid to lose money, but you should always keep in mind that those risks might give you a bad start and affect your emotions in gambling losing self-control. If you're too scare too lose, gambling isn't for you or maybe it will lead you to something terrible than losing and the most important thing here is you won't learn something in gambling.

Losing is part of the game. If he wants big win in gambling, he should risk a huge amount of money 'cause he won't reach that point unless he has 100% luck or he bet huge money and won like 2x.

He is the problem in gambling, maybe he doesn't have any experience on risking yet, he'll learn eventually.

That sounds depressing, If you're me, I will try to rest and have some good time because this is kinda depressing in my feeling, it's like I already feel the win but become gone instantly because of just last leg. People will probably chase the lose, gonna place another bet for recover but me, I'll try to keep away from gambling for a second because it's not good in my mental health.

I'll come back when my mind is clear and will gambling with a clean state, nothing to lose again and will just enjoy. The best way to approach this kind of scenario is to accept everything, study how it happened, since it's a sports betting, you can watch replays and analyze the situation why it happened. Try to justify things because in the first place, you have no control to it, they're the one who play.

Discipline yourself.

True. better to stabilize yourself, chill and touch some grass.

Better to keep yourself from gambling for a mean time then come back if you're mentally okay to gamble again. It's hard to chase losses because it'll make your life harder since self-control is not present in yourself. Chasing losses will just lead you to more problems in life and will eventually drain your funds.

It's better to learn that there are times that is unlucky. Gambling is not a profit-making activity that's very consistent, so it's important to be aware on that.

To be fair, it's normal to have a hobby or find something to be entertained like gambling.

There's nothing unusual about it but once you get addicted to gambling and all you think of about is gambling, then there's something wrong about it.

Maybe his passion is about gambling, no one knows? It's like playing games the whole time but yeah, other way around it's still bad for the health if you focus too much in gambling. At some point, it's normal but if he's always like that, then there's a problem and better check him out.

Huge gamble to be honest.

Imagine that a country is risking everything for cryptocurrency. You only think about the positive side of Bitcoin as a currency for the country but remember, there are risks that a government couldn't take. The idea is good, everyone wants it to happen like having a decentralized financial system, but this is the major reason why the government don't want it.

They only invest some small portion of it in case the idea of bitcoin as an investment is really spreading in the whole world and there are global market adaptation happening right now.

If your predictions are just being positive then it's kinda risky because probably it's from luck because you didn't rely on analysis. Luck played a big role on your wins.
I also felt that before but turned out I'm wrong because sometimes that confidence came from luck, once luck depleted on yourself, bro you'll gonna shutdown.

Be always practical and be analytical, no one is powerful like that 'cause if there are, there are many of you guys but as you can see, those who've won a lot turns out to make their money gone too because of that reasoning.

Be careful..

Typical memecoin strat.

Basta kahit anong event na nangyayari gagawan talaga nila ng memecoin yan. Imagine kahit anong political event or historical event gagawan nila ng way para makapang-gatas kasi yun yung trend. Ganon naman palagi eh, nasanay kasi mga tao sa kung ano mang aso o alagang hayop ng sikat na personalidad, ginagawan na din nila ng memecoin.

Kaya mga tao, ginawan din ng memecoin yung ngayon kasi trending din.

Ganyan sa solana eh, kung ano ano nalang talaga basta trending kasi maganda ang narrative.

Lol. didn't expect that it's now complicated to be called an investor.

As long as you've invested, long-term or short-term, you're an investor, the idea of an investments is to secure something valuable in the future, to have a good profit from it and both long-term and short-term gives you that. Long-term are those who believed into the idea, they're the reason why it keeps going and the reason why it has a good foundation until now because they hodl for long term and aiming for a good value. Short term investors are those who take advantage of market's behavior and let me tell you this, some of the short-term investors are also long-term investors, they have stocks of blue chips that aren't used for short trading.

Nice idea.

Pero sa current situation natin ngayon sobrang gulo at ang daming nangyayaring need unahing sa gobyerno. Baka nga hindi rin pansinin ng gobyerno yan if ever kasi may iilang dyan na against pa din sa crypto. For me lang naman ah, hindi talaga sa party list lang dapat magumpisa yan tsaka baka maging cash cow lang ang pagiging "pro-crypto".

Nasa sitwasyon tayo na kahit magandang ideya, alam nating hindi magiging successful eh. Magulo kasi ang politics dito sa pilipinas.

Actually hindi. Madami ng rugpull cases dati sa ethereum at bsc palang, mas na-broadcast lang lalo ang cryptocurrency. Same ratio lang naman kasi yan, kung madaming nangyayaring rugs, madami ding yumayaman in a luck way or probably insider at mas nahihikayat lang din ang mga tao na pumasok sa crypto.

Volume basis pa din naman ang crypto, even now wala masyadong volume, katamtaman lang pero walang big cases ng rug pull. Kapag talaga maingay ang isang chain, matik may isang masamang loob ang magsasamantala niyan, marami ring mahihikayat kasi dito nag ttrade si ganito si ganyan.

Kaya volume basis talaga at walang epekto ito sa bitcoin. Kahit pa dati na ang ethereum at bsc ang laman ng rugpulls, si bitcoin may sariling agos. Tsaka imo, medyo magkaiba ang mundo ng mga nasa defi at mga nagiinvest talaga sa bitcoin. Kasi ako mismo tumatawid sa magkaibang side para makasabay anong maganda sa market condition ngayon. May mga tao na blue chips focused lang kaya walang idea sa nangyayari sa defi kaya probably walang pakialam talaga yung iba or di apektado.

Tsaka pansin niyo ba, puro meme coins lang naman madalas maging rugpull probably hindi renounced or team is holding too much, kung blue chips enjoyer ka hindi mo yun mapapansin kasi for sure, with utility or maganda use case habol mo or probably memecoin na nasa cex na kasi maganda na yung allocation (no team holds). Ganon lang naman yun.

Gambling isn't really an investment tbh especially in a game where you are clueless of the result or maybe relying too much on luck. It's far from investment but if you're talking about a real investment especially in crypto, there is a risk, but it's not a gambling because there is certain assurance that you can win due to analyzing charts and such. I think this statement is being formulated because of gambling and crypto as a topic but yeah, like what I've said, it's far from it. Gambling is really different, you can instantly lose a lot of money because you're clueless to it and no idea how things work.

It's an expense. Nothing else.

My father gambles but he always remind me that gambling isn't for kids during that time, I grew up without having interest on gambling. I gamble but casual only and just do this for fun. I'm not like other people who gambles a lot and believes that there will be consistent profit on gambling. I'm lucky enough that I've grew in that way, I learned at the beginning and become a responsible adult in gambling.

It's kinda effective to teach someone about gambling, explaining the risk and the consequences of gambling. Don't let other people become addicted to it because their mindset is all about money and profit.

AFAIK, these taxes are paid if you've won a specific large amount of money. If it's only a small amount, they won’t require you to pay taxes. Correct me if I'm wrong.

Well, this is the reality of gambling, that sometimes winning here isn't really fulfilling. Imagine that the house always win and after that there are some certain payments to be made so you can withdraw the money without any issues. It feels unfair especially if you're just a small fish in this industry. Imagine sometimes in order to withdraw the money, there are certain amount of money or threshold before withdrawing. Sometimes they require you some unnecessary KYC before withdrawing.

yes... this is gambling life...

1. Chasing losses can lead you to a more problem, that's what I've realized when I tried gambling and hoping to have a comeback because during that time, I believe on some luck-based thinking that I haven't still used my luck so it might happen any sooner. So yeah, worst case is it make my problem bigger.

2. I'm more on online thing, I don't do offline or actual casino because I don't bring money all the time. I'm a cashless person.

3. Don't want to disclose it but it's huge amount of money that can be a budget for living in a month already.

4. Move on and tried to grind more in other ways so I can retrieve the losses and of course I learned,

Well, there are study already regarding about making yourself control again after getting addicted to something. How? fix yourselves first, having a discipline or setting limits on what you're doing can avoid addiction. You need to have a good behavior first so you can get out of it.

Some scientific things in our brain happens when getting addicted that's why we continue to gamble even we're on worst situations.

For some it's gonna be hard battle, you need assistance from other people to maintain a good and healthy behavior but sometimes, a disciplined person can control their selves and avoid it instantly, easier to resist.

yeahh. It's like, when we lose, we always blame luck, we are not lucky and then even when we win, we still believe it's due to luck.

But the thing is, it's all just about how we feel at the moment, it's both chance and experience. Even gamblers with a lot of experiences in gambling can lose the same way, and can't even determine the algorithm behind it. IMO, whatever the outcome is, whether we win or lose, it's just like a game between us and the system, the developers know the odds, and we're in their zone.

Ohh and I remember that there are some peeps out there offering some odds adjustments, but the condition is to promote the gambling platform, it's kinda unfair right? That's why I prefer sports betting.