It varies from one person to another. But i think one common ground they share is that they are very much hopeful that there will come a time that they will eventually win and get that jackpot prize they are aiming for. They use that as motivation and inspiration to bet more and play more, not knowing and noticing that they are losing more than they are actually gaining in doing gambling. Perhaps sometimes they know that they are gambling recklessly, but disregards it anyway because of the thinking they can recover that after they have won. But the question is when will it happen though. So it's best to don't chase winnings and set a limit to gambling engagement to avoid further losses and lower the chances of getting addicted.

There's nothing wrong with it if you own the company, but it's much better to create another account for the company's fund to track it's earning daily, weekly, or event monthly so you can monitor it if there's something wrong with the funds, etc.
There's no valid reason why someone would combine the company's fund to their personal funds since it would just mess everything's up.

Well, gambling can really be a source of income ONLY IF you are responsible, skilled, and lucky enough. It takes courage, time, patience, and of course, money to be able to make gambling as one of your stream of income. It is risky, yes. That is why it is important to establish your goal and your limitations the moment you enter the gambling industry. After all, it isn't for the faint hearted and it isn't for those people who aren't responsible enough for their own actions. Since every decision and action you make will have its repercussions, it's important to be wise so you won't fall into addiction or into bankruptcy.

It's possible to get rich in gambling, however, it will surely take time and money. Being focused to get what you want without sacrificing a lot of money and time is one of the key. Since at the end of the day, the most significant thing to do is to prioritize your necessities, your main job, and your family.

Yeah, most of the YouTubers I see on YouTube shares their "technical analysis" but it's not working well to be honest, they're just posting it for views to earn money.

But I've seen one with a legit content that really helped me way back then, I forgot the name of YouTube but it's a gem there. YouTube tutorials are just to teach you basic stuff about trading, like the basics, candle patterns, types of indicators that could be use for beginners while exploring the trading world.

I agree to all of what you've said, especially about when the market is not favourable to trade.

Most of newbies force themselves to make a profit even though the market is complicated to analyze, leading to a series of lose trades and emotional damage. That's where everything will become uncontrollable because of too much going on with a trader's mind. This is when trading randomly starts without any technical analysis involve, just a random trade to chase losses that will only lead to more losses and devastating experience because of lack of plan and self-control.

I beg to disagree. It's still much better to be careful than to be sorry later on. You can't really guarantee that a casino will not sold your personal information to other third party applications because some don't really keep their word, especially those sites that just suddenly emerged and are still new to the industry, which means there's still no reputation to uphold and to stand by. If ever you will give your personal information such as your full name, address and the likes, always make sure that you are giving it to a trusted site. Because if you happen to trust the wrong website, your identity can be robbed in a snap, and your card details can be used and be exposed to thieves.

This is very much on point.

A gambler that is responsible to his duties and obligations will less likely have a problem regarding his gambling routine and to the people around him, and this includes his connection and relationship to the people important in his life. If someone is disciplined enough to practice moderate and responsible gambling, there will be no spouse that will complain and be irritated about the gambling practice. If the needs are being met at home, no wife will be a nagger and there will be no argument. So as easy as that, you should be responsible to your financial obligations to your family and to yourself so you will avoid trouble.

Additionally, you should practice allocating just enough time in gambling so you could have some spare for your family and friends for bonding and relaxation. Having enough time for your family will make them feel loved and cared for and if you lack hiving it to them, they will feel neglected resulting to negative effects to your relationship.

The profit you could make in the long run will depend in your skills, because if you're good, you know when to buy to maximize the profit you can make in the long run, you also know when to sell your Bitcoin holdings.

What's gonna matter also is your funds, that is also a big factor when investing in cryptocurrency, the bigger funds you invest, the bigger the profit you could have in the long run if you're not gonna mess up your DCA. It's not complicated, you only need 2 things, money and a reputable bitcoin wallet.

Buying means entering a long trade and selling means entering short in trading, correct me if I'm wrong though.

DCA could be use either in trading in futures or in spot trading, so it's either me or you who misunderstood what OP meant with his terms. Anyways, I agree with OP with the pause whenever something's bad happen in your trade, or whenever your mind is clouded with a lot of things that could lead you to making bad decisions in your trade. Always remember to rest and clear your mind before continuing your trade to avoid confusion and bad trades.

A very nice gift but I think it's better if you teach her first the things she needs to know about Bitcoin before giving your half investment to her. Anything could happen, I mean what if she randomly sold it because she wants to buy something that's needed in your house, and the amount of Bitcoin she sold was suppose to make a lot of profits in the next bull run, that would be a waste, in my opinion.

2 reasons why people will stop trading in my opinion; (1) They got bored with it due to their age and they got plenty of profits already with all the years they've spent in trading cryptocurrency. (2) They lost too much money on it, chased their losses, got depressed, and other emotional issues because of their trading journey, so they quitted, healed themselves instead and will find another source of income that suited their skills.

Sometimes it's not the dream job that we really want, it's the money from a job or a business. Business for me is much more profitable and less stress source of income, because you're the boss of your own, you're the one who will be listened to by your employees, you're the one who is in control of your time, money, actions, and decisions.

It is up to you want kind of workplace you want, you have choices always, unlike when you're the employee, you don't have any choices at all but only to obey what's your senior tells you to do.

Don't compare Bitcoin to gold because they have different backbone, just because the price of gold is rising doesn't mean that Bitcoin should too.

But if you're being hopeless because of that scenario, then let's compare. Why gold price doesn't increase that much compare the Bitcoin when it exist for a long time already unlike for Bitcoin which only started way back in 2009, correct me if I'm wrong. Gold is too old fashioned for me, hard to store, prone to thieves, etc.

This is so true. This often happens in most household and commonly, the children are the affected ones because of bad behavior being displayed by their so-called role model in life. I've heard and read a lot of stories about children growing up to be miserable and depressed because of verbal and physical abuse at home because their parent/s is a gambling addict. Gambling addiction really impacts the relationship within the family and affects the upbringing of the children. It's important to be disciplined and control the anger issues brought upon by gambling. This way, no children will be traumatized and no wives will be battered due to financial issues and temperament problem brought by the aforementioned.

I agree with this. But in contrast to your statement that without internet the children cannot do their homework, well, they can. Only if there's an accessible public library in the area where they reside. They can use the books for free if their city has one and permits so. Although it will be such a shame if it has none because not everytime we have internet to rely on and not everyone is privileged enough to have gadgets and net connection. But that's another story. Going back, children can use internet as long as they will be carefully supervised by their parents or guardian.

It is the duty of the parents to monitor their children's reach on the Internet because they should be the role model of their own kin. Blocking certain websites such as those with explicit contents and gambling contents can help, to avoid the kids being involved at a young age in gambling.

Indeed. Having family supporting and guiding you while you undergo from rehabilitation and treatment can be very beneficial to the gambling addict trying to recover and be healed. Moral support can boost the fighting spirit and the determination of the gambler to be better and do well so that they can go back to their normal life again. Personally, it will motivate and inspire me to know that I have people who will have my back during the time I was struggling to be the better version of myself, if I were a gambling addict. So yes, one possible way to stop addiction is having a strong backbone to support you from quitting. It can definitely be of an encouragement.

Very much agree with this.

In order to be safe from falling to addiction, you have a lot of factors to consider such as having a specific budget intended for gambling, specific time to play or bet, and having self-control in general. You must have a goal in mind the moment you enter gambling. If you are in it for entertainment, you can have fun as much as you want and as long as you are responsible enough for your actions and for the consequences of it. And the moment you feel like you are straying far away, you should reassess your values and priorities to keep in track.

It's really important to know when to stop and when to continue so that you won't fall into addiction. Skills and strategies are important in gambling as well as luck. If you combine these altogether alongside with your self-control and discipline, you will surely go far in gambling without getting lost in the process of betting and playing. Responsible gambling is the key. And to achieve responsible gambling, you should set boundaries to abide, specific fund allocation to spend so you won't go over your budget, and specific timeframe or period of playing so you won't crave for so long gambling engagement. These can help maintain a healthy mental health and well-being.

Personally, I wouldn't risk my winnings into further uncertainty and would rather withdraw it instantly and bring it home. I know this sounds somewhat a cowardice to some, but I wouldn't really consider it as one. For me it's a move of bravery to accept what you already have and not be greedy to aim for more. You know, sometimes it's better to quit because knowing when to quit can help you and be a benefit as a matter of fact, instead of being a failure. In gambling, the more you engage in it, the more you have to lose. Although it will be a good thing if you win because the higher the risk, the higher the rewards if it turns out well.

I just don't want to be that kind of player who started it small, win huge amount, then eventually lost the winnings for being so thirsty to achieve and bag more. It's intoxicating if you are so hungry for money. Instead of bringing home a good amount already, it might end up into ashes if you will risk and play more. Then the cycle will continue because you will want to get back your winnings. So you'll end up betting and playing more and more without noticing you're getting addicted because of chasing the monetary prize.

Gambling is indeed an income generator to some players. It actually varies depending on your goal the moment you enter. It can be a sideline for some while it can also be a sole entertainment to those who can afford to gamble without any returns. If you are in it for the fun, you'll less likely to chase the rewards and will be more of actively after for the thrill and the excitement it brings. Although some people make it their profit generator as alternative to doing specific jobs.

But for me, gambling shouldn't really be made as main income provider for a person or household. This is because it is very risky to put your money to an uncertain scenario. You can win or lose in gambling and it's probability will depend on different factors, so it won't always be a 50/50. Luck and skills will play a role and it depends on the circumstances and the odds whether you'll bring home the bacon or not.