This makes sense.

Most gamblers tend to be so obsessed with playing because they think it makes them money in an efficient way. Not realizing that they could also lost a big chunk of amount the moment they will follow their poor decision making just to chase the winnings they've tasted during the initial stages of their gambling experience. Gambling and investment are two different things. While they can have some similarities at some point, they aren't really much alike. Gambling is for entertainment and having rewards as some sort of bonus points, meanwhile investment is a form of asset that you can benefit from in the future.

Hence, it's important to discern which weighs the heavier. If you want to have fun, do it, but do not destroy the future you have ahead because of it. You can always do what makes you happy without sacrificing your future. Gambling and investment can both be done too with proper financial management so you won't have to pick only one.

But reminding those people can somehow help them to limit their bad gambling habits. If there are people who are constantly checking up on you, some might feel motivated to do better. It's not really a hopeless case even if someone is addicted on online gambling, as long as they are willing and determined to change, nothing is impossible.

The only time it will become impossible to overcome is when they've disregard the concerns given to them and become impulsive and irrational anyways. People can be greedy and this sadly causes most of their downfalls. Being too independent too because of having the "i can do it all alone" idea in their minds. It's not bad to be helped, be guided, and supported after all. Gambling addiction can be solved by right intervention, willingness, and having the strong support system.

It's good that you managed to build this gambling habit and attitude. It's important that you hide no secrets from your wife because she's your partner for life after all. It isn't so sweet and nice if there will be a barrier between you two because that's not how marriage works. The moment you purposely didn't disclose something is the time trust can go away in a snap. Of course this excludes a few extra things such as surprise and the likes.

When it comes to finances, couples should have open communication because it is one of the leading causes of misunderstandings and fights. If you won't discuss how you will handle the finances in your household, you are waiting for a ticking bomb of resentment and disappointments from each other. Hence, it's important to discuss it as early as possible and during your entirety of marriage. The fund allocation for necessities and luxuries should be laid out. Pool of funds for the household and kid's need, then own budget for both of your hobbies and luxurious activities as well as for your own pampering for relaxation and stress reliever.

This is why it's very important to know your limitations when it comes to gambling. If you don't set it from the very beginning, you are doomed to fail in the end. You should have a game plan even before entering the industry since it's a risky one. One must not just entrust his fate with the flow because once you got swayed by your feelings and your ambitions, you'll likely to chase the winnings and the prizes that come along with it just to satisfy your desire to aim more and more.

Then once you get accustomed to the process and the routine, you'll eventually get lost into it because of dependency or craving. Which could lead to unsupervised money spending and excessive time allotment that could cause more trouble to you and later on will force you to resort on things you wouldn't actually want to do.

I guess it still depends on your skills, knowledge, and luck overall when it comes to betting and playing. If you aren't really going to take your plays with seriousness just because you won during the initial stages, then most likely you'll lose your fund due to being complacent. Additionally, if you will be greedy about the winnings, you'll likely lose the prizes you accumulated too because you will chase the money based on your emotions that is a tricky situation. Setting boundaries the moment you won is a good idea to prevent having the zero balance after several wins.

You mean franchising?

If that's the case, it's better as long as you have the money, since it's much expensive than starting your own business. Just make sure that you're going to build your franchise on a sweet spot where people could easily access it. But if you don't have enough funds to buy a franchise, just start your own business, build a solid business plan, and never give up because starting a business is hard.

You're going to experience days, weeks, even months without any sales because people still don't know your products, that's why you have to be wise on how you will sell your products or services to people.

Copy trading is easy, less hassle, however, the challenge on it is to find the right trader that'll give you profits most of the time. The disadvantage is that his trading funds could be bigger than yours so there's a chance that your funds could be burnt in no time while his funds doesn't even budge. So in my opinion, doing copy trading has its own risk and the final decision is yours to make.

I agree.

Staking is the only way to earn passive income in cryptocurrency, I think. Trading is also a good one but it's so risky for a newbie. Hodling is the most famous one since all you have to do it to wait after you bought when the price dumped. Profits in staking is not that big compare to trading but a profit is still a profit. You could also look for an actual job or be a freelancer while you're holding your cryptocurrency, the more income, the better.

I agree.

Good things in life can't be achieved overnight or even in a short period of time, because those things that you achieved easily, can also be loss easily. People want easy things in life, there's nothing wrong with that, but most of the time, that's the reason why something bad happens to them, like they've got scam by a ponzi scheme like their money will be tripled in just 3 days.

While those people who made their foundations solid by their experiences in life, are the ones who stays longer even for a lifetime.

I agree with you.

However, we can't stop people give their own opinion about what they've seen and heard in different social media platforms regarding about bad news in scamming scenarios that happened using cryptocurrency as a bait. We should expect the instant discrimination of cryptocurrency from the people who don't know how Bitcoin and Blockchain works.

Trading and hodling Bitcoin is entirely different.

Trading is risky, so I will agree to you that your friend must prepared himself well before engaging in trading, since it is not easy as it sounds. It requires a lot of knowledge about price chart prediction and how to read them to be able to make a technical analysis. Hodling on the other hand just requires time, and a lot of patient, because it's a game of waiting after buying in the deep.

It depends.

If the couples afford to have plenty of children, like they have financial freedom, then it will not affect the economy. However, on the other scenario, if the other family are poor, minimum wage earner, and the father or mother is the only one that has a source of income plus they have like 5-7 children, then it could affect the population.

Overpopulation leads to poverty if the families can't afford to raise their children but still continue to make babies out of boredom, resulting to many malnourished and uneducated children that's been mostly commiting crimes in the streets because of poverty.

I don't how you're going to avoid all of your taxes, but you'll get exposed soon and you won't like what's waiting for you.

Avoiding your taxes isn't the solution to battle inflation, you might save some money but you're still going to spend it on buying the things you need and wants and that's still consider as paying taxes. But to answer the your question, yes, you're a bad person if you're avoiding some of your taxes, whether it's every month or every year.

It depends on the salary though.

I mean, I wouldn't give my 100% best in my work if I'm being underpaid with a lot of workload to do every single day. But if I'm being paid correctly based of my talent, for sure I'm always going to be productive whether I'm working in the office or at home. The other thing is that, introvert people are more productive when working at home rather than working in the office.

In short, it will depend on a certain person if he'll slack off in his work wherever it is.

I have a friend who engage in gambling activities and I must say that peer pressure really plays a role in getting someone enter into the gambling industry as well. The constant story telling of how huge the prizes he won and how small his initial fund to bet is really encouraging and inspiring to do what he does as well. The moment you hear about the motivating amount these players had won, it will really make you think of trying gambling to test your luck as well. Additionally, if you have a group of friends that gamble, you'll be influenced to try it too since you'll have this some sort of feeling of being left out and missing what they are currently experiencing.

Hence, it's important to know your priorities and goals. If you don't really want it amd you are just being pushed by your peers, then don't do it. Stand your ground and never, ever be moved by peer pressure no matter what they say or think of you. It's significant to set your boundaries so that you won't fall into trouble in life later on. It will be challenging to resist, but your future self will thank you especially if you know it to yourself that you won't be able to build a good gambling habit if ever you enter gambling.

This is a nice point of view. I share the same sentiments.

Personally, I also think that making your gambling habits known by those people who are close to you important and helpful in a way. This is because they can guide and give suggestions to you for the betterment of your routine and habit. Like you said, people can intervene when they see something you are doing is wrong already, hence, you won't likely fall into addiction. You can also confide to those people who know you once you are going through a rough patch and not resort to anything that could harm you. After all, no man is an island.

You don't have to tell it to other people who you aren't comfortable with. You can just share your gambling habits to your loved and trusted ones so you can be checked upon once in a while.

Gambling and trading have their similarities but hoth are entirely different things, well, for me at least. Both require skills and knowledge to bring home a profit, but gambling has its dependency to luck or odds that doesn't matter much in trading. In trading, there's no such thing as being lucky because everything is calculated and analyzed. You must know how to do market analysis to know whether a coin will pump or dump. You will base the trend on the market flow, the history, and the recent events that influence the movements in the market. You can't just rely on luck because you'll just end up losing your funds or liquidated if you won't think thoroughly.

Contrary to what majority thinks, future trading isn't easy. It won't bring an easy money or success, the same way with gambling.

Being envious isn't really a bad thing, what makes it bad is when you act on it and do something because you made it as a negative driving force to harm to do something bad. Enviousness can be a good thing when you use it as an inspiration or motivation to attain the same thing. It could be your stepping stone to do better and to aim higher which makes it a good thing for you.

Just remember though that you shouldn't be comparing your progress to others because once you get used to doing it, you'll lose the joy.

This makes sense.

To be a successful gambler, of course you have to play and bet consecutively and if not, just actively, to reach whatever goal you have in mind. Just like being a gambling addict, consecutive plays and bets are done because of gambling dependency. Only that they have lost track of what they are really after or what they sought for in the very beginning. But when it comes to frequency of bets and plays, I think there's not much difference.

The only difference is that a gambler that is successful knows his goal, how to achieve it, and make it into action. He does not make unnecessary acts such as overspending to chase winnings. Unlike what gambling addicts do most of the time. A successful gambler makes a calculated decision, while a gambling addicts just go with whatever they deem fit.

A person who wants to enter the gambling industry must really establish good spending habits to stay in the right path. Being disciplined and responsible will go a long way in gambling. If you don't know how to control your urges and do self-restraint, it will be a big problem. Additionally, if you are ignorant about financial literacy, it will be a hindrance and challenge too when it comes to building a healthy gambling habit or routine as an outlet or sideline.

It's a good suggestion to have only a small portion of your salary dedicated for gambling. This is to avoid being dependent in gambling and developing addiction, as well as to protect your financial aspect from being disrupted by gambling. Of course necessities should always come first and be a priority over the wants.