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1221  Bitcoin / Bitcoin Discussion / Re: Bitcoin is not a get rich quick scheme. on: November 17, 2023, 10:22:06 AM
Bitcoin right now probably can't make you rich, but it can help give a good boost to your net worth — obviously due to price appreciation, and depreciation of fiat currencies.

Bitcoin isn't a get rich quick scheme, it's a not-get-poorer scheme.
Bitcoin is not for a person who wants an easy money, Tbh this is not all about gaining huge return of investment due to its volatility, Prices may vary depends on the market movement. Investing in bitcoin requires patience, understanding, good decision making and knowledge how crypto investment works, Not totally pure knowledge about crypto but at least has an idea and background about the coin. It can't make you rich in just a snap, Always remember that all investments takes time so if you're planning for a long term investment in bitcoin, it's important to set aside money for emergencies and to have debt under control.
1222  Economy / Gambling discussion / Re: What I learnt from a crackhead about gambling on: November 17, 2023, 09:11:36 AM
For me any kind of addiction is bad. Although the ones OP is discussing are worst addiction. Gambling destroys finance of an addict and drug addiction destroys health. Ultimately both cause big issues with the family of addicts. In the end all addicts commit crime go to the extreme to satisfy thier addiction. An addict is an addict regardless of the kind of addiction they have.
That's true, Any kind of addiction has a negative impact to a person, and for me, anything that related to drugs is the worst addiction because we all know what a person can do under the influence of it, unlike in gambling that it affects someones finances and health as well but with a minimal danger to the point that it will not cause any harm and danger to other people but it depends and case to case basis, sometimes having a gambling addiction can lead a  behavior to a person just like the behavior of a person who's under the influence of drugs and alcohol.
1223  Economy / Gambling discussion / Re: Low cost but effective solutions to gambling addiction on: November 16, 2023, 01:38:58 PM
Like how the hell can you say that therapy is low cost? Bro many people who are on the level of average in terms of making money can't even afford it, that's no low cost, maybe in your country but not in mine.

Also therapy can only work if the person is looking for solution and they determined to get the problem solved, most addicted gamblers are not looking for solution, they are looking for something to put all the blames on, sorry for sounding this way.

I have two people are I can consider calling a relative because we grow up together, they are both addicted to gambling and they have never for once said it's their fault for falling into addiction with gambling, I told them they need to accept that the problem is them first before they can able to beat the addiction.

If you are committing a crime and you don't see anything wrong with it, that's not a crime to you, not until you realize that what you are doing is wrong you can never be free of that habit, you will always go back and do the same thing, because to you it's never wrong.
yeah we are all aware that consulting in a specialist is a bit expensive and this is the best way to seek help, but I think it depends in every country because there are some that offers Therapy and check up's for free by the help of the government and insurances like HMO, they covered consultations as well. Since OP seeks low cost but effective solution for gambling addiction, the last thing that possibly may help an addicted gambler is by the help of family; Console, listening to them and giving an advice but most importantly, gambler should have to help their self to overcome this matter too. 
1224  Economy / Gambling discussion / Re: What percentage of bitcoin investors are gamblers ? on: November 16, 2023, 12:48:11 PM
What percentage of bitcoin investors are gamblers ?  Where will this figure be if we consider worldwide users ? I think it will be somewhere between 10-20% ? Also, it is possible that most of gamblers are still not bitcoin investors ? I see  less chances of the later happening.

No data to be shown since no people ask a data regarding on this condition. But there's a lot of us surely participate on any gambling activity but it just we don't know the actual figures.

Maybe the least thing we can do for this is to check the activities of people using bitcoin in this forum and see how many of users are into gambling since by visiting on threads or maybe on gambling discussion board you can see and get an idea that there's a lot of people participating on gambling activities. We also should not get surprise about that since here there's a lot of gambling site exist so provably many people will gamble because they want to test how fun it is or other try to see if how could they earn some money by playing simple games on a casino.
That's a good idea! If we will do that checking activities, I can say that there's a lot of gamblers are exposed in investing in bitcoin too, But not a reliable basis though, just an estimation only. I observed that most people participating in gambling discussion are more active when you visit the bitcoin discussion, in that way I can assume that they are also investors and traders not just a simple crypto gambler.
1225  Economy / Economics / Re: Why is it difficult for people to get capital easily? on: November 16, 2023, 12:27:33 PM
I've got toxic relatives as well but I don't mind them, I don't care about their opinion, etc.

OP, for you to get your capital easily, don't mind other's people opinion about what you should do instead with your salary. You don't have any responsibility to give money or support your siblings if your parents are still alive and capable of working, you can't be their retirement fund, and don't allow yourself to be one, because it's just gonna drain you.

Start saving for yourself only, help them if you really want if you have plenty of money because you got the capital you need to generate money.
100% do not seek any validations from other people regarding on your plans or other agenda because sometimes they aren't agree or happy on what you're planning to do. Some country, it's a traditional way for a breadwinners to support their families even if the parents are still alive, This is a way to show gratitude to their parents who raised them but you're right, it's not a child's responsibility because if you'll continue to do that, for sure you can't save for yourself and your life plans.
1226  Economy / Gambling discussion / Re: Ever Thought of Giving Back to the Community? on: November 16, 2023, 12:11:29 PM
Giving back to the community? Did community gave me anything so that I can give back if I earn? No community gave me anything and I am not giving anything back.

If I gamble, it is from my own money. If I lose, community or no one will give me anything, so why giving to the community? I do not have anything to give as they do not have anything to give me.
It really depends from a person, just like what you've said, the community doesn't give you any so what's the reason of giving it back? But personally even the community doesn't give me anything here, I'll give some in community based on the numbers of winning that I have, If the winning prize is totally huge amount, why not share it to other? Just a piece of my winnings, maybe a raffle or something that may benefit them.
1227  Economy / Gambling discussion / Re: Winning big amount after watching streamer on: November 16, 2023, 10:58:01 AM
I decided to share this story since this is my first time winning big on a slot game since I’m not a fan of slot games personally. I was watching one of the highlights video of streamer xposed in the youtube and see him winning big time on stack em by hacksawgaming slot.

I’m not a fan of slot game especially this provider due to high volatility game yet I still play the game after watching him winning huge multiplier.


Click the image to watch the full video of xposed


I try a couple of buy bonus worth 25$ and I hit x3800 using 0.2$ on my 5th buy bonus which insane since it almost same experience when I watch the streamer video. This kind of event is like dream come true since I never imagine winning same with the video I watch even though there’s a difference on the winning amount.

This is my winning screenshot.


Sometimes watching streamer and being motivated to play unknown games to us brings luck out of nowhere. Keep on trying but just don’t over commit. Trying the unknown and winning big time is really fun experience.



Congratulations on your winning, mate! I can say that you're lucky enough for winning big today. That's true that watching a streamers will gives you a motivation to win, May I ask if this is your first time in playing? because I do believe in beginners luck but it is applicable for some people only. Just like you, I used to watch streamers too because somehow you will get some gambling strategy from them and you may use it once you're the one is playing. So yeah, Congrats again on your winning, and thanks for the advice. Just keep on trying and don't over commit.
1228  Economy / Gambling discussion / Re: I think gambling is inbuilt, kids don't learn it anywhere, they do it! on: November 16, 2023, 10:48:20 AM
~
correct mate, it is not hereditary not unless their family is engaging in gambling day by day then that might be considered as hereditarian but not in ours yet my brother still gamble .

When OP said "inbuilt" or people in this thread were saying "hereditary", it wasn't to say that some family members of the kid that started gambling all of a sudden were gamblers. Rather it was about all humankind. It's in our genes to gamble, it's our basic Instinct. But in the modern world we should learn to fight our basic instincts, because the world has changed a lot over the last 10 thousand years.
I Agree with you that it's all humankind and Gambling is in nature, especially now that we're living in a high technology time, everything that we want to know is accessible in the internet, mostly kids learned how to gamble because of social media advertisements just like today that there's a lot of ads with promising promotion and maybe out of curiosity they want to try how it works and how they can earn money just like what the advertisement say so. On the other hand, Some are saying that gambling is hereditary and I was once believer of that because if you knew someone who's addicted in a gambling, first thing you want to know is if his/her family participates in a Gambling activity too? if so, then it will affect the child, like a domino effect, possible that it will pass on from generation to generation.
1229  Economy / Gambling discussion / Re: Will you gamble till old age or not on: November 16, 2023, 10:28:44 AM
It is possible that if there are no factors that force a gambler to stop gambling, the gambler will continue to gamble with their favorite game.
that's what old gamblers do, they only play one or two games. and consistently play it and have no interest in other games.
Maybe it will be a little different for young gamblers. exploring several games and even several casinos becomes natural. Indeed, there will be no age limit for this. Even for me personally, it is difficult to say that the target wants to stop gambling.
Even they want to stop gambling, they just can't because we're like feeling nostalgic and want to back in the old days where we were happy or enjoy for doing what we likes. You will still gamble for few times when you're really miss when you were young.

Just like me, sometime I watch someone play console game on youtube or I do play it by myself.
Nostalgia! Oh yeah, that's a good reason behind continuing gambling too for old people.
I am a nostalgic person. Why? I still prefer playing PSP, and PS1 games despite the fact that there are more better games in consoles in this era. Why? It brings back a lot of memories.
I do think it will have the same effect on old gamblers or those who are getting old. Let's say they have a favorite slot game today and even though they will be creating new ones in maybe the next 5-10 years, he will still keep on going back at that same game and just play around running it with small bets just to have some fun.
That may be why I answered here I will keep on playing or betting even in my old age. But I might prefer 1 or 2 bets only on sports and just cheer for my preferred team while watching the game with my bet on the line.

Or they could learn new games, as far as I know, some of the games that I started to play like 10-15 years ago is no longer in circulate and it's already outdated. And you can only find them is some obscure casinos. Unlike before where it was in the top casinos in our country.

So I guess for those who have age like fine wine, they still want to play new slots because they are not going to find those nostalgic slots that they used to play and could have memories that give them a huge pay back in the days.
well, you have a point mate! More likely they want to explore updated casino games in this generation where everything is very accessible by the help of internet and mobile gadgets. Maybe you're right, some Gamblers who's in the pre-retirement age gambling because they are reminiscing the times when they gamble during their 30's. If that's the reason, Absolutely they're gamble for fun and having a good time only, not like today that mostly people who gamble is hoping to win and used it as a source of income.
1230  Economy / Gambling discussion / Re: How discipline are you in managing your bankroll? on: November 16, 2023, 10:03:40 AM
Most of the time the reason this happens repeatedly for me is that I can't control myself when it comes to gambling. I can't handle it once it comes.

If you find it hard to handle your bankroll wisely it can cause some serious bankroll troubles. Overspending taking on too much loss or engaging in risky gambling without a plan can disrupt your bankroll stability and make it tough to reach your bankroll goals. It's important to build good bankroll habits to stay away from these kinds of problems.
Because of greed of having so much winnings that why you'd feel that you can't control yourself in spending. If you can't handle yourself, chances are you'll lose all your funds and you'll get addicted into gambling which is one of the thing that we don't want to become as a gambler. One of the best way to manage your bankroll is to building a strong self control and limitations in spending fund for gambling, even there are a times that temptations is in there, do your best not to fall on that temptation because it will lead you to the things that you don't want to happen in the future.
1231  Bitcoin / Bitcoin Discussion / Re: If Satoshi were here, what question would you ask about the future of Bitcoin on: November 15, 2023, 11:40:50 AM
I have nothing to ask to the person/s who created Bitcoin.
Because every piece of information regarding Bitcoin was published publicly. If you need an answer to your question/s, just use the internet or find any related topics in this forum, then read.
Exactly! If they want to know more about Bitcoin, there's a lot of references in the internet where they can find more information about it. There's no need to ask Satoshi just because He is the developer of bitcoin, I'll just thank him as an appreciation of developing this coin, but I don't think Satoshi knows what will going to happen to Bitcoin in the future.
1232  Economy / Gambling discussion / Re: Quit gambling and Invest in gambling. on: November 15, 2023, 11:29:56 AM
How do I take advantages over the gambles while I am not gambling anymore?
I tend to invest in the gambling. How?
At my visits in the gambling grounds, I will be lending my funds to the losers who has run out of  funds and willing to bet more if they have more money.
I tends to make this a deal with interest charges with concrete agreement to be secured and I will be opened to also accepting collaterals.
For me I think it will be a very bad decision by lending money to a gamber because irrespective of you both agreements about the payment schedule what makes you think that he is going to keep up to his words because there is every likelihood that before he decided to borrow money from you he has know any other place or source to get money and if perhaps he lose the gamble so how would you expect somebody like that to pay you back when he has no other means of getting money.

So perhaps in as much as lending money is a good business doesn't mean that we should lend money to anybody because one of the things about collecting a loan is that, is very easy to collect but paying back is mostly were the problem normally come from, so perhaps I would suggest that if you really want to venture into lending you could just give only to normal people who doesn't gamble instead of lending to gamblers.
Not a very bad decision but we know that it is very risky, Lending a money to unknown people who lose in gambling? I don't think it's a good idea because how are you sure that those gamblers will pay you back? when they win? By using of their collaterals? for me, If I am the lender, I'll do an intensive background check if that person is capable to pay me back or not since money is involve here. Indeed, Lending is a good business because you can earn more by payment interest but You should also be prepared for the risk and time commitment that is involved.
1233  Economy / Gambling discussion / Re: Your parent disinherit you eventhough you have not proven to be chronic gambler on: November 15, 2023, 11:15:04 AM
If that happens to me, of course I will appeal to the judge, because it is my right to appeal and prove that I am not who I am accused of being. I can show my gambling history to the judge and let them determine whether I am a chronic gambler or not. If it is not proven then I have the right to get my inheritance and my parents cannot protest against this.
Well if only appeals allows in your country then you can do that, One solid proof that you may present to the court is a valid psychological report or any medical report that will shows that you're not having a symptoms of being a chronic gambler. You can show them your gambling history if you have, compile all the evidence that will help you to restore rights and inheritance from your parents.
1234  Economy / Gambling discussion / Re: Gambler avoiding friends after a big win. on: November 15, 2023, 11:03:51 AM
After all I finished with my bet headed home and was asking myself what could the colleague act that way avoiding his close friends they all gambling together and just because luck shines on him first he decides to create a distance and class. I couldn't actually annex a good reason why anyone should do that.

Probably you didn’t know what’s the customary when winning a huge win. Probably the person who won the prize wants to enjoy himself the prize money and wants privacy because you will tons of requests asking for share on the huge profit since they are acquainted to you. It’s some kind of socializing to maintain good connection with the community.

I will the same if I win huge jackpot since your life might put into danger once you soak in on that spotlight since having a money comes with greater risk of being robbed.

His friends gonna rob him?  Or maybe he avoids them because those guys are bad luck. Grin

We can only assume what the guy is thinking but these are never facts. He could just be needing another set of new gambling friends since he now can afford to become a high roller.
Something bad is going to happen to him thats for sure. If he avoids them for good then he will not have good friends anymore. Sooner the new friends he would meet are the ones with motives.



Some speculations that they aren't that close to call them friends, Maybe you're right that those guys are bad luck to the winner? Kidding aside, We will know the reason behind this topic if The winner itself explain his side why he avoids his friend after the winning. If I were in the situation, I would choose to remain silent even they knew that I won the prize, just to protect my privacy but I will treat my friends as a token of my appreciation for being them as my companion while gambling.
1235  Economy / Gambling discussion / Re: What percentage of bitcoin investors are gamblers ? on: November 15, 2023, 10:37:02 AM
It is impossible to determine what percentage of bitcoin investors are gamblers because there are many gamblers who gamble but keep their information secret. These are more difficult to extract through online gambling also those who think that gambling is high risk prefer investment and do not use bitcoin for gambling. No one can give any exact guarantee of victory here but even if a new investor holds bitcoin for long term he will get profit if the price rises. That's why most gamblers think it's the right decision to invest bitcoins instead of wasting them by gambling.
That's what I thought, I have no idea about the percentage but one thing is I know, that most crypto gamblers are aware on bitcoin and has an investment too. I agree in your statement that it's difficult to extract because mostly investors and gamblers doesn't use their real Identity or they keep their information for their own privacy. I've read one of threads here in gambling discussion section last time that more people are using bitcoin holdings for gambling rather than fiat and I think it depends on your preferences but for now, We are all aware that the bitcoin price is increasing it's value, does anyone still using it for gambling?
1236  Economy / Economics / Re: Free Investment tips on: November 15, 2023, 10:14:55 AM
I don't think that investment is job. Investment is one way to earn more while you have regular earning from what you do for living. Investment is more about trust in the business which is able to give profits for our business capital. having big effort to do investment shows the lack of trust. You dont need to dive deep into the business you want to invest, that's what you do for work, not for investment, but indeed you need know enough the business you want to invest you money. earning profit from the investment is a good experience of trust, and that is the thing you use to decide on your next step of investment.
If you invest money in something and continue to work, then you can hardly be called an investor; it is rather an attempt to get additional income. And if you can live off your investment, and it generates enough profit, that can cover all your needs and increase the number of assets that can generate additional profit, then you can say that you have become an investor.
I don't think they can hardly be called an investor just because A person invest into something and still having a stable job. We all know that all major investors in an Economy are some Business owners too, meaning they are still working. So what should we call them then? It's not an attempt to get additional income, more likely- they proves that a person is financially literate because they know what is the right thing to do with their money, Take note that having a job is not permanent so it's better to have it and start to invest so they can retire from their work at early age.
1237  Economy / Economics / Re: Fiat & Crypto - Effective Expert Advise on: November 15, 2023, 09:59:17 AM
Reading the replies here make me confuse about what advice what are you looking for, but as I understand, you currently only get enough income to meet your needs, without any spare money to be invested in crypto. My only advice would only be to reduce your spending, and trying to get more income, either by doing side hustle or keep trying to get a new job with higher salary.

All that being said, I believe we always able to reduce our spending if we want to, even if you can only spare few bucks for crypto investment if you do it regularly with discipline, doing DCA, you will eventually can get some profit.
As per OP, He/She seeks an advice for some individuals who generates enough income but want a financial stability in life, For me I will advice reduce spending too or seeks Alternatives in expenses like do not live within your means only if you have an exact monthly income, Try to save and have a self discipline in handling your finances, By that you can save some amount that may be use in investing in crypto. One way to become financially stable is to upgrade your skills and net worth or by having Multiple job or business.
1238  Economy / Economics / Re: Why is it difficult for people to get capital easily? on: November 15, 2023, 07:14:22 AM
It would be hard and difficult for those low income earners since saving for investment is not only their concern, but as well as providing their basic needs if not for themselves but for their family as well. So you see the expenses on the family is even bigger that its rare to save for your own future plan or investment plan. However, if you are a high average earner, expect that you can easily achieve your target on your investment capital, as long as you don't have unnecessary expenses for yourself or for your family.

However, the real challenge in your investment is not actually the amount of capital but the amount of knowledge and skills you put into your investment. The success rate depends on how you manage your investment, and how you deal with its high risk especially if you are dealing with bitcoin investment.
Honestly this is true, It's hard to save money especially if you're in a low income earners because you have to budget it carefully for all essentials and necessities in daily life that's why Even if we really want to start a business or save for a capital, we can't. In this time, you really need to have a high income so that you will have extra money for savings, investments and other things because if not, you'll stuck in being survival mode in life, living pay check to pay check.
1239  Bitcoin / Bitcoin Discussion / Re: Every man you failed to lecture about Bitcoin can be a victim to scam on: November 14, 2023, 12:01:11 PM
Though it's natural to feel bad in this situation, I think you shouldn't beat yourself up for that. The thing is, there is nothing wrong in teaching someone about the dos and don'ts of Bitcoin or cryptocurrencies if they approach you themselves because when someone does that, it means that they at least have some interest in the topic and that's why they are asking and in that situation, we shouldn't back off and give them whatever knowledge we have as that's the least we can do for them.

However, I don't recommend approaching people who are not interested in Bitcoin or cryptocurrencies and trying to teach them about it and forcefully make them invest money in them because in that case, if they do make investments and eventually lose money, you will be the one who is responsible for that.
Exactly! That's why it's quite difficult to teach or spoon feed others particulary those who aren't interested in this matter  because once they encounter a problem about their investments, there is a possibility that in the end they will blame you for what may happen. Better to give them an introduction and basic background about crypto and bitcon and let them do the other task for theirself, Im not saying that you have to be mean to them but they need to learn on their own.
1240  Economy / Gambling discussion / Re: What according to you should be the age to retire from gambling ? on: November 14, 2023, 11:45:29 AM
There is no retirement age for gambling, one can play according to his own ability and needs. Gaming rules and age limits vary depending on the type of gambling performed on designated states and tribal lands. But gambling is usually for an adult as their intelligence is a bit better than their elders can control everything quickly. As an elderly person gets physically disabled and loses their cognitive abilities as they age they cannot control everything easily. If the body and mind are not healthy then it is never possible to gamble it will put more risk. Therefore before playing in old age they should be taken into consideration and progressed as the bet in youth will not be managed in the same way in old age gambling patterns are changing.
You have a point mate, We can say that there's no limit retirement age for gambling as long as you have a fund for that and be sure that you won't suffer in any financial losses and personal problems. Once you're on you retirement age like into 50's to 60's, People should enjoy and make time to theirself so that they can fullfill some chapters in their life and If Gambling is one of the things in their bucket list, then do so. it's their life, as long as they don't step on anyone and they don't perverting anything, just do whatever they want.
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