Perhaps this could be the reason why he bet that huge amount. Maybe he is confident about his bet which lead him to bet that amount thinking he would profit easily and quickly because it's a "sure or guaranteed win" on his end. Unfortunately, it turned out it isn't. All of those efforts and money were all gone to waste, due to miscalculated bet and high hopes for swift ROI. And if we are to assume that he is one of those people who want easy money, then sadly this is the exact proof why people should always think twice or even more before risking so much because tables could turn even at the very end of the game.

Indeed.

It's up to the players whether they would play in a casino offering the same game variation as other casinos or they would find something else that offers other games according to their liking. Nowadays, most casinos have games in common such as the usual ones you will find in a casino, while some offer unique games which they cater their clients due to the demand. Although it must be taken into consideration that not only the games a gambler should be after too but the overall service quality of the website. Because a casino experience will not be a great one if you'll have a hard time with their transactions and processes.

Gambling websites really have their own identity so it's still not really the same despite offering the almost identical offers and promotions. User interface of the website will play a great part in the immense experience of the players that could be their edge over other reputable sites. Additionally, the promotions and rewards varies too which players can gauge on where to best make an account and spend a dime.

Agree with this.

Most of the things we have have their own benefits and areas to consider. We buy things because we think we can utilize its purpose and will serve us well. Convenience, functionality, and cost are the usual aspects that we have to take into account before actually buying one. Those people who can afford to buy a desktop and prefer to navigate with wider screen will pretty much go for desktop. Meanwhile, those who are still on a budget and prefer the portability will go for a mobile device.

Several factors affect our decision making. It's not news that it's the natural flow of things. So this is really a subjective matter and will depend on the gambler himself and the situation he is currently in.

You're correct.

Loan interest is fixed, while Bitcoin price is not. So it is really not advisable to take a loan for your friend to invest in Bitcoin since the price is very unpredictable. Even if he's going to use it for trading, I don't see it a very good idea unless he has enough experience that can back up his decision which makes him confident that he can make a lot of profits out of it so that he won't have sny problem paying up his loan.

They are not confused, they just can't afford Bitcoin maybe, that's why they look for other options, so they automatically think altcoins are just good as Bitcoin since it's still cryptocurrency. They just lack of enough knowledge to figure out what's the best cryptocurrency to invest in. So also if they got stuck on a certain altcoin, they would blame Bitcoin for the sake of their mistake to lessen up their disappointment.

Or most of them just don't have any idea about it either. People don't want to risk on something they don't know, fiat is the only thing they wanted. Cryptocurrency for them is like it never exist, they don't want to get out of their comfort zone. We can't blame them though, since we have our own choices in life. Those people who don't want to risk their money on Bitcoin for sure will regret it big time once it soar up high even more.

Not your keys, not your coins.

I don't why other people still store their money in exchanges, it's not a hardwallet or even cold wallet where you can store and hodl your coins for a long time before you wanted to sell it in a best price. Exchanges have so many flaws, even the big ones, so it's not really a good thing to store anything on them unless you're trading daily so you can monitor your funds and make withdrawals of your profits anytime you want.

Learning something new isn't a waste of time, actually everything that we do which gives us happiness or enjoyment is not a waste of time. Trading is a long term process, which consist of so many things, like you're going to face a lot of challenges, failures, disappoinment, happiness, contentment, etc. I believe the only thing that will waste anyone's time is when they shut themselves out by not trying anything to make their life happy, comfortable, and successful.

Fear of losing money and fear of missing out are the common fears I believe that most of the new traders have.

They want to earn a lot of profits but they don't want to risk their money at the same time, which contradicts everything. While fear of missing out is that they are being jealous to a friend trader who just made a lot of profits in a single trade of a certain coin so he will instantly put his money on that certain coin and expecting to make a lot of profit as well even know he doesn't even know its current situation.

A good start.

It's good to know that you know what you needed to do in order to be profitable in futures trading. You're on the right path, testing out options you see available with a small amount of money to see the results. Though, trading signals from someone you know might not be the best thing, you just got out from your comfort zone as you say but relying on someone's technical analysis won't let you grow.

So you need to stop that and make your own technical analysis. Don't rush yourself, like expecting to have a very good technical analysis when you're just a newbie. It takes time, you have to be emotional, mentally, and financially prepared before proceeding in a big capital in trading.

If you really want to give it a shot, then trust the experienced trader for tips, but keep in your mind that those tips might be working for him but it might not work for you since we have our own understanding when it comes to complicated things. That's why it is a must that you have to find out it yourself, trial and error. You have to find the right indicators for you, and how you're going to execute what you've learned.

As impossible as it may sound, yes there are really people like this who have so much they wouldn't totally care nor even notice that they already loss a massive amount, at least for our perspective because they have so much at their disposal. These are the few lucky ones who are really considered elites and are very much wealthy, not just wealthy, but way beyond. If they don't feel any remorse or regret about risking then losing, then most probably it's just a small amount that they can always earn after a while.

Perhaps those rich people who still feel the guilt are the ones who just understand the value of what they lost after they lost it, realizing that it is indeed a big money still. I encounter more if this one rather the first one though personally speaking and in general matter, not only in gambling but also in risking to other things.

This has been a thing not only in gambling but also in trading. There are many personalities you can copy a bet to and follow their lead. However, just always be careful because there's nothing certain. Even if those good players and bettors have their unlucky moments too. You should stake that you can't really afford to lose especially you just tailed their decision without researching deeper about why they have made that in the first place.

In addition, some of the users who are known to be winning are anonymous, so you can't really verify if they have the enough background on what they are telling in the internet. They might publish a losing bet and then vanish later just to trick people desperate in winning. SO still, be on your guard and always double-check information before making a bet in sports betting or any other betting games.

I find it hard to believe that the gambling sites will just easily give information to other websites most especially it those sites are their rival to begin with. It is perhaps possible if the gambling website is sister casino of another website. However, if they told their users that the data will solely for the casino themself, then they shouldn't try to breach it unless they want to be filed by a case for selling data information to third party applications or websites.

I guess casinos are monitoring using the email address yes, so you might want to change that if you want to join and make various casino accounts in different sites, the IP address as well which they can check to pinpoint who's who, and unfortunately you can hardly do anything about this without the usage of vpn, which is not allowed in most gambling websites.

This is why as a responsible gambler, parent, and husband/wife, you should really take time to make your accounts secure to avoid things like these that can be prevented by taking precautions. Disciplining your kids and letting your kids and wife/husband know that it isn't right to touch someone else's property unless you permit them to do so, will have a very big impact despite how simple that act is. Putting security passcode to your mobile device and user account in your desktop could be of great help as well so they won't be able to access what isn't allowed.

With our technology nowadays, you can set up a dual space in your mobile device wherein you could switch from time to time depending on who will be using. You could also install or activate the work profile mode in order for you to do your business there and your kids will still be able to play with your phone. App lock can be useful too the same way with making another user to log in in desktop.

Some gamblers who are addicted in gambling has a bad habit of going back over and over again despite their claims that they will not gamble anymore. This is because of lack of professional intervention and medical help to get them over their addiction. No necessary treatment and rehabilitation was done in most cases, hence, they end up having a relapse whenever they want to cut gambling off their lives.

Some gambler addicts can surpass this challenge all by themselves and with the help of those people around them, but in most instances, they don't fully recover and overcome it because once they decide to flush it from their system, sooner or later, they'll feel the need for it and thus crave for it even more. With this, the outcome is them going back to their old habits and repeating the cycle.

Some people have their very own strategies and techniques in gambling even before they achieve a winning. Some people are smart enough to compose and think about various ways to win without relying on the knowledge of other people, but merely relying on their knowledge, skills, and experiences. Although there are also many people who come up with innovated strategies from those existing ones and I think there's nothing really wrong with it as long as they crafted the idea of the technique improving and modifying the current ones based on their creativity and critical thinking skills.

Bonuses are often given to those who VIP's indeed. Well, of course they deserve it since they hold such an important status in the casino. However, it will be nice as well to have bonuses given to those small time players who aspire to have piece of rewards for their loyalty and wagering a specific amount in the casino. After all, collective small players still bring profit to the casino.

Perhaps a casino could write a rule wherein they could give monthly bonus to those top wagering players, and weekly bonus to those top players with longest time spent playing, or having many wins. A casino can draft so much about this bonus that more of their players will enjoy the reward, not only the upper bracket which will surely make their clients happy.

This makes sense.

If we're going to rely to AI, there is still no guarantee that we will win the bet because AI's predicted results isn't really foolproof. AI just also depends on the information that is stored in its system, and it still hasn't fully eliminated the error that could possibly happen. While there could be a smaller percentage of being wrong because it got rid of human errors based on the program, deciding solely on its prediction should be taken into account first.

Analyzation whether it is probable or not should still take into place to avoid regrets later on. We can't still beat a double-checked information from factual and updated sources after all.

I agree with this. Despite being a gambler that has a huge money at his disposal, at the end of the day, if he lost a huge amount, it's still a loss and definitely it will still sting no matter how many money he has left. Although maybe if he has so much to the point that he doesn't care at all, it will be okay. However, collective losses will sum up to a huge loss too if you will compute it. Hence, it's much better to gamble responsibly and with caution to avoid losing especially if it involves a big amount.

Risking a huge amount just for the sake of betting without really assessing the situation will just result to possible losses. Miscalculation can also put you into a great risk. Gamblers must still place bets and play with strategy in mind, prepared for any outcome - better or worst.