I mean, I don't want to sound rude, but where have you been in the last 18 months? Bitcoin price has been rising for more than a year at this point, I understand that is not easy to catch the bottom but after $20-25k it was pretty clear that it would have gone up. There have been months to accumulate, I really don't understand those who are buying now, at ATH...

Well, most countries cannot fund all the large projects from their tax income, so to expedite these projects, they borrow money from developed countries.

Being greedy and overconfident usually leads to high betting, random betting, and of course loss of winnings. Instead of withdrawing the winnings, they continue to bet larger amounts, hoping that they'll win more, but the result losing their entire bankroll. In my experience, I already have seen how being greedy and overconfident quickly turn winnings to lose. So, it's very important to always set clear limits, be disciplined, and most importantly not chase your losses for unrealistic profits. Learn from past mistakes.

Roght. Keeping tabs on your emotions when you're betting is smart. Take a breather, do some deep breaths to stay cool in the heat of the moment because having clear limits and sticking to a budget is like having a game plan like keeps things in check. It's all about finding that balance between fun and staying on top of your game. So yeah being mindful of your feelings is key to making betting decisions that you won't regret later

Since you are already in the gambling industry, why don't you use your network to find developers who want to work with you? I don't have any knowledge in crypto casino development, but as far as I know developing a crypto casino is not as difficult as you imagine. All you need is to find a consultant who can direct you and a programmer who understands crypto, blockchain and casino games. It shouldn't be difficult for you to find such people, or you can hire a headhunter to help you.

It is safer to keep a mindset of both win or lose anything can happen.

Definitely a wrong decision to gamble their life savings away, rather use it to travel the world and see some nice places before you last days. However for the addicted gambler the second option might not be attractive enough and they will gamble it away.

Of course the player will win less or rather lose more but if they realized this they would not be gambling anymore.

Siguro kung noon pa lng nag focus na ako sa crypto baka tulad nyo na rin ako marunong na kung paano ang larangan ng crypto. Pero since nakaraan na un, eto ako ngayun gusto aralin paano ang pagccrypto, sana meron din umalalay sakin dyan... lalo pag may mga katanungan ako. thanks

It is best you gamble when necessary not because you want to chase your loss and win back you money, many are victim of this circumstances and for me is a bad practice and this might make you not to employe your gambling skills and roles because you inhast in your decision making. What is your opinion on this?

Of course every game has its addictive members but the question asked by op is to know the game that produce the highest addicted gamblers and that is football gamblers or except you don't accept that football produces the highest number of gamblers and if it does, it means it is also plausible that it produce more losers who try to play back and chase back their loses. Addiction is as a result of loses that come as you are gambling. Like we know how we gamble to recover what we have lost and a gambler who is not emotionally balanced can become addicted in it.

Lol, it depends on why you are gambling.  I mostly gamble for entertainment.  In that case I really could care less on at least small types of losses.  Even the bigger ones it comes and goes.  If I had a good time that night in the casino then we'll it was all worth it and just the cost of a night out.  Don't take it too seriously and it becomes a lot easier to deal with.   

It heavily depends on the area you are visiting your favourite land-based casinos in. You say you like chatting with people around? Lucky you! It means they are good people to spend time with. Not all areas are like that.

And normally there are chat boxes in online casinos where you can chat with people too. I personally enjoy chatting in poker rooms, and I wouldn't say those the only places I chat with gamblers. Dice lovers are pretty nice to chat with too.

AI are already in the gambling industry and many casinos are already using this for their own benefits especially in detecting any cheat or suspicious transactions. Well, if you think you can win against the casinos, I think you're thinking wrong because every casinos will have their own security measure and they will not allow any gamblers to take advantage of it. AI will surely benefit the c
asino owner here, they will be more strict for sure.

Its humans nature never accept loss and always find reasons in someone in somewhere, when they itself are the reason for that loss. Few people can accept that they were wrong and admit it. Many will always search who to blame and find 100 excuses why they have lost. They do it for two reason, they are always right/they cant be wrong. This applies to all areas. In gambling they lose because of someone. On the forum they dont get merit because people are greedy. At work they earn low, because the boss has favorite colleagues, at school/university they fail because teachers on purpose put them low grades, food that they prepared taste bad because ingredients were spoiled and etc.

Hi community,

The gambler's fallacy, also known as the Monte Carlo fallacy, is the mistaken belief that if a certain thing has happened more frequently than usual during the past, it is less likely to happen in the future (or vice versa), when it is otherwise proven that the probability of such events occurring is not It depends on what happened in the past. Such events, which are historically independent, are referred to as statistically independent. For example, the next dice roll is likely to be a six because the number of dice has recently been lower than the usual number of six.

Perhaps the majority of gamblers know this , especially the professionals and old-timers. Personally, I always fall into this trap.

-What is your analysis about this trick?

This is the sad reality on which due to that lack of financial capacity then we are really that having a hard time even with our daily needs or that good that we do need on everyday living
on which having these insurances wont really be put up in prioritization on which it would really be that understandable. We shouldnt really be judging them that they are irresponsible just because
they dont have that insurances on which we know that not all would really be that living in a life on which having that money to spare or budget on having insurances.
Lets just be grateful that we are living in a life that have that financial capacity at least and able to get those insurances but if you dont have then you would really be just
needing to deal up with it.

Yes, the main reason why people continue to invest even in ATH is due to FOMO, and they also believe that the price would continue to increase.
But nobody knows how high it could reach and how the price would move, it could continue to go up or it could go down and have a price correction.

Of course you are right, only those who have no shortage of money play gambling for fun. There are many families who have to struggle to earn a handful of rice and many people are wasting crores of rupees by gambling for fun. Those who gamble for fun will one day become so strong in gambling that there will be nothing left to do.  Addictive gambling is very harmful to people. Gambling can never bring peace in one's life. Gambling is fun to play and sometimes people become so addicted to the touch that losing cash sometimes makes them almost destitute. So everyone should be careful from gambling because I have seen the reality that many people have become destitute by gambling so no one's life can turn around beautifully by gambling.

This seems like a good idea to try and implement if you live with a gambling addict. But I also agree that it's too long and I don't think they would be able to agree to do it, because their urge to gamble every day would be stronger. I would probably start with a month first, I don't think that's a long time, nor is it a short time, although it might be a very long time in their mind. But I'm also sure they'll steal the time when they're not with us, because we can't be with them 24/7, right?
Apart from this, I also have other approaches such as showing them someone who was ruined by gambling. I'm sure they will also be evasive with this approach, including denying that they are an addict. But on the other hand I'm sure it will slowly enter into their thinking, yes they might be a little disturbed by the image of a person ruined by gambling. I try to play with their psychology, although the risk at the beginning is that they might think we are judging them about their gambling activities.

Gambling is for everybody and not for some set of people. Though there are age range in gambling but doesn't mean there are set of people who are permited to gamble. It depends on Individual and how they make their choices. Sometimes underaged people gamble and nothing happens because they do it for fun and it's not against government policy. It only becomes a problem when the money used for gambling is a stolen money or when they play gamble without payment.

Saving is definitely a good thing to do. Because from here on can be used as a shield against the coming bad times at any time. Although it is not possible to acquire great wealth through savings. But because of that, I can't advise you to hoard all your achievements. Because if you can invest some part of your savings in crypto currency then there is a strong possibility of getting high returns from here. So I don't think any part of the opportunity should be kept unused where there is an opportunity. But in this case, investment should be done in profitable areas by observing the past investment picture, otherwise one has to face serious risk.