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241  Bitcoin / Bitcoin Discussion / Re: Have You Accomplished What Brought You to Bitcoin? on: December 26, 2023, 01:22:56 PM
For sure most of the people in this industry are here for the money and profits. It is really a long journey before reaching this far where you are already knowledgeable enough and experienced, there's a lot of processes as you would lose money, the motivation to keep going, etc. Being involved with Bitcoin for such a long time has already helped me in many things especially financially, it has been provided like paying the bills, funds for emergencies, and the future as well. I have bought also some essential equipment like a laptop and motorcycle, but of course, it took a lot of time before reaching it since Bitcoin is still volatile so accumulating and holding till the bull run is a must. One thing I have observed is that having a stable income plus investment can help you achieve financial stability.
242  Economy / Gambling discussion / Re: Lack of proper knowledge on casino games increases chance of loss and reduce fun on: December 26, 2023, 11:24:57 AM
There's nothing wrong if you try the demo option and learn from this option to increase your knowledge. Moreover, in the demo you don't need to worry about losing money because it's just a game for fun.
Unfortunately OP after experiencing a loss and he only saw the demo option after losing even though he should have done that before playing, but sometimes not all casinos have a demo option because many other big sites remove the demo option because maybe it is not always used, but it should be available also in all casino games because it is very important for new users to learn it in demo games with fake money.

The sad thing is that when users have to learn a new game there is no demo option they have to use real money, it's like trapping new users to waste their money in a new casino game, usually such casinos are dangerous to play, that's why it's important to look at the options first demo on the site before trying to play games at the casino, especially as this feature is important for beginners.

Demos should always be a must in every casino's gambling games for every person to use, especially the newbies. The thing is some of the casino doesn't have demons but they have instructions in words which is pretty complicated to understand if you are not familiar with the rules. We could say that the casinos are pretty smart with that strategy by not giving players a demo game to avoid unnecessary loss. The solution to this kind of issue is before engaging in a gambling game that is unfamiliar to you, is to do your own research first, you can also research the strategies and techniques you can use.
243  Economy / Economics / Re: Which do you prefer on: December 24, 2023, 05:09:27 PM
First I will advice you is that you shouldn't be too fast to quit your job for trading because you are now earning from trading. Before you quit try to make other alternative because it is not idea for you to depend on trading and have no hope on anything that is generating money for you. In trading anything can happen that you don't know how long you will be stranded,  for now think of creating something else for income before making trading as your only job.

Having a job and still continuing your trading is less risky but if you leave your job and totally become dependent on trading then it implies to the fact that you are doing wrong thing as job can continuesly gives you profit but with trading you cannot face winning situations all the time.

If you leave your job just for trading so when you loss money then neither you will have income nor you will be able to get profit from trading therefore Initiation of both trading and job should be done at same time. Trading is very risky so do your job instead of wasting money in trading but if you have knowledge then minimum amount should be paid for trading and give equal time to both trading and job as if you focus more on trading then a time will come when you will not be interested in job.

Some people doesn't afford to do the both, which is trading and having a job cause just imagine being stressed at work then you would get drained at thinking analysis, looking at the charts, etc. It is not really advisable to leave your job since it's the stable income you get to provide all of your needs, cause if you are trading as a newbie, you would still be learning and not everyday you would profit so it's still risky. You can invest at yourself by learning trading and starting at a small amount first, from that you could already tell which one you should choose and focus with to get the fully potential and reach higher profits. Still, you must sacrifice one in the end of the day cause it's too tiring doing both.
244  Economy / Gambling discussion / Re: Low cost but effective solutions to gambling addiction on: December 24, 2023, 04:23:43 PM
They say prevention is better than cure so I guess the best low cost or zero cost solution to gambling addiction is the conscious prevention of oneself from falling into gambling addiction. It doesn't take much all it does take is self discipline, being in charge of your gambling habits and with a good money management.

However, for such a person that has already falling into the addiction and intentionally wants to kill it talking to people about it and engaging them into discussion about possible suggestions on how you can be able to deal with the addiction and this suggestions you make sure it's coming from people with a real life experience of gambling addiction. Then ones in a while the addict can also seek the service of a professional therapist too. In this way you can cut cost while achieving a lot.
If more gamblers realized that they needed to prevent themselves from falling into gambling addiction, many problems in gambling could be solved, and the number of people who are addicted to gambling could increase. But the problem is that these people don't want to realize what will happen to them if they become addicted to gambling. They only think about making money quickly without thinking about what the risks are for them. There is no self-control, boundaries, or self-discipline in gambling, so they only make themselves fall into gambling and become deeper into their gambling addiction. This needs to be addressed immediately, and people who are addicted to gambling must be willing to admit that they are addicted to gambling and need help to cure their gambling addiction.

They need help from other parties, and if there are family members who know that they are addicted to gambling, family members can start helping them by taking them to experts. They must accompany people who are addicted to gambling so that people do not feel alone in fighting to cure their gambling addiction. He will see that there are members of his family who are also fighting with him, so this will encourage him to be able to persist through the therapy process.
If it was easy on the first place then we would see that gambling business or venture or industry wont really be that profitable or wont really be able to boom out but we are seeing the different side of things on which it would really be just that right that you should really be that responsible on the actions that you are making. You cant really just that make yourself that too careless when it comes to spending because it would really be that ended on devastation and addiction would really be coming into that severe manner.Once you do make yourself get shackled with gambling addiction
then it would really be that hard for you to get out or would be able to quit upon. This is why you should really be that careful and sensible on the things that you are dealing with.
There's nothing that's hard if you put in your mind to do it you will always find an attainable way out. If you are intentional and conscious about it then hard is just a word.

The increment in gambling addiction doesn't count for increased boom in the gambling business, people can all play the gambling responsibly and we will still have the gambling industry booming. You should rather be worried if there's an increase in gambling addiction in society for it can lead to a protest from concern citizens to ban or reduce the number of gambling hubs/sites across the society to help reduce the addiction level and that will be bad for the gambling business as an industry.

image source
If  a smoker can craft out a way working together with the support of his family to eliminate his smoking addiction then it can't be different for a gambling addict in getting the solution he wants.

Well, it's indeed true that if there's a chance that gambling addiction starts to increase and the stats shows that this issue must be eliminated as it's already affecting a lot of people, one thing that they can do is to closed down any gambling establishment or ban it. The thing is most of the countries with numbers of casino has contributed a lot in the economy with the tax they pay, just imagine the impact of it to the economy once they prohibited gambling to the country.

I couldn't help but laugh in the picture but one thing for sure that the husband might have a worse addiction to reach this far, but for sure he is willing to accept that condition for his own sake and for the family. Changes starts from you, if you cannot help yourself you can ask for help from your friends, family, partner, and much better the professionals.
245  Economy / Gambling discussion / Re: Can loneliness make one addicted to gambling on: December 24, 2023, 03:51:18 PM
This depends on the gambler in question, if a responsible gambler is lonely, I don't think that he will see gambling as something that will free him from loneliness. Why I said this is because a discipline gamble will have his time limit that he uses to gamble and as long he is gambling on his lonely time, he will stop gambling was his time limited is over.

It is a gambler that cannot control his gambling activities that will use his loneliness as an excuse to game all through and we all know that gamblers that cannot discipline themselves will end up becoming an addict through any means, either by chasing his loss or passing away time with gambling. If you are lonely, go and chill with your friends or go to the cinema and enjoy yourself but not with gambling.


I think it is right to set the record straight that gambling in itself is addictive. Especially when you  are already deeply rooted to gambling or you do it for fun and it will become a part of  you. So since it is highly addictive, then loneliness can ignite your urge to gamble some more.

I have friends back then that were into online betting of sports odds, like football. And will go to the extent of saving their pocket money to be able to afford some money they can use to stake odds and it's really that addictive and terrible. Now, since it's not everyone that have the mental capacity to hold disappointments and tensions, this could lead to mental issues for some people.
There is nothing loneliness can not do, it can make us to do undo and involve ourselves in something that is not going to affect us positively in the future. We need to make sure that we deal with loneliness and involve ourselves in something that is profitable so that we are not going to become desperate or do things without thorough thinking. We can involve ourselves in so many things to make sure that we are not lonely so that we don't ignorantly involve ourselves with something that is going to cause problem for us in the future.

Of a truth, loneliness or being isolated all the time is bad because you will take some nasty decisions that might endanger your life without anyone noticing. So far as gambling is concerned, it is important you relate your gambling habits to someone you can trust because sometimes you can lose a bet and fall into depression without anyone noticing so at that material time it will really be dangerous to ones health because your thoughts will be filled with so many negativity but if someone knows about your gambling habits they can check up on you from time to time to know if you're fine or not.

Some people who experience having a bad day prefers to be alone to think of their mistakes and decision. They think it's normal but for sure it would only lead to overthinking which will lead to depression, suicide, affecting health, etc. From your way of solving this kind of problem by telling someone about your gambling habits, I mean it is a good way for people to be aware of you in case there's an emergency and they need someone to talk to. But, what if you have trusted the wrong person that you think they might help you? Or they might help you in a wrong way that can only worsen your situation like for example, they advice you to take a loan to recover your loss in gambling? I'm only saying that if you're gonna find someone that's gonna help you, much better to seek help from a professional like a doctor or therapist.
246  Economy / Gambling discussion / Re: Success or Fail? - Talking about Gambling as a major income on: December 24, 2023, 01:33:55 PM

If a gambler chooses the right game, he can definitely make a profit and most importantly he always learns from experience.
and from what I have explained, does it prove that today you already know people who generate sources of income from gambling?

Right game is not enough, the right startegy is important as well as that will give you the win, a consistent win that we are all wanting for. One shot or big shot win could make us make big money but we will still come back to gamble, and that will eventually result to losing what we won, so it's not working, we need some kind of consistency to gain that profit.

Even if you make everything right as you think that would give you chances of a consistent win then I think it would be impossible as we know that gambling literally relies upon luck. Unless you are a real genius where you can make your own formula to calculate the probability that you would win like Pascal. Plus you cannot say that a specific game in the casino is the right game for you, so in the process, you would try where it fits you but you could still lose a lot of money. Your skills and strategies would go straight to waste if you are not lucky in a game. Imagine you exert effort in determining how to win in many possible ways but the other player won by just simply betting randomly.
247  Economy / Gambling discussion / Re: Gamblers trickily claims they wins the bet while they never did. on: December 24, 2023, 09:18:50 AM
Don't be deceived, not every gamblers who actually claims that they won really won.
Some falsefully speculates that they won just because they want to pave an ease to those who has been advising them to quit or limits gambling simply because the gambler has been unlucky to win instead he keep betting over and over without a good bankroll management in their gambling carriers.
They basically do this because they feels disturbed and inconveniences of the people's opinions and advices towards the gamblers unprofitable gambling experiences
It is a case of if you can't beat them join them. How stupid and crazy. Why fake what you are not. I don't think anyone is going to be at you up if you win or lose.
There is so much peer pressure to fit in. It is like what I was taught in my psychology class about in group and out group. And I know that these are the folks with a high propensity to be addicted to gambling.
Why sound so surprised? High percentage of people likes faking everything, apart from gambling, and the funny thing is people look down on those who have everything but doesn't look like they have it, but its for the best if they don't see you as someone who have it all because it makes you safer than everyone knowing you are a fruitful person.

This is also a part why people don't progress in life, when you confuse yourself that you have gotten to a higher post or level you will start relaxing, in your fake made up world, as crazy as it sounds, there are many people that have done this.

And the truth is, for a problem to be solved you first have to accept that you have the problem, and secondly, for you to get rid of the problem, you need to put in the work, so imagine someone who have income problem faking it, saying to himself that he is rich, with nothing? Such people will never get anything done.

Indeed, it is not surprising that people could fake and lie not only in the gambling industry but in many things as well. Some people are actually cruel, they really deceive people by telling them information that they haven't even experienced yet just for them to try it at their own risk. Not only that you are lying to your friends, family, partner, etc. but also to yourself cause you are building that reputation which is a fake, just imagine them finding out that you did not really win any sht and it will backfire on you. I think one of the reasons that people do this kind of thing is just to feel comfort that they are already a big person to others. Which I think a worse thing to use to escape reality.
248  Economy / Gambling discussion / Re: Gamble Responsibly on: December 24, 2023, 08:06:37 AM
~snip~
It will give some breathing to refresh and to find that wisdom behind that you already lose when you suffer from losing streak, better to stop and pause from gambling as the damage that can be done is really huge, gambler who already aggressive to recover most of the time is willing to take the Yolo bet a win or go home bet and gambling house would love to see that as most of the time it favors the house and it give them decent profits from that out of control yolo take of the gambler.

You suffer and everything is a regret, unlike if you stop and follow your setup before playing, it will give you the time and chance to adjust and maybe another good look for your next sessions.
Taking a break from gambling can allow you to think that you have experienced a losing streak and no longer need to try gambling just because you want to recover from previous losses. You will see that your chances of recovering your losses will be less, and you could lose even more money. You will also see that the house has won a lot of money while you have lost a lot of money and have not managed to win even once.

And when you can stop gambling after suffering a losing streak, you will learn another new lesson where you no longer need to spend so much money. You only need to allocate a certain amount of money to gamble and place restrictions on gambling so that you don't lose a lot. That's what every gambler must do so they are okay with seeing their losses become more frequent.

Having a break is indeed a must when you are experiencing a loss streak, but if you are in the middle of the game and you keep experiencing loss, most gamblers wouldn't accept the fact that they would quit with a loss so they would try to recover it which can worsen the situation. This is mostly from gamblers who cannot handle their emotions cause of what you would feel normally if you lost. Isn't the feeling of winning and the urge to keep continuing until you recover and profit. They won't even check their funds and money as they are focused on recovering ending up draining their wallets. Limits and restrictions are a must, you can start gambling by just bringing a limited amount to bet to stop loss, so whenever you feel like recovering and keep continuing, you're already out of money.
249  Economy / Economics / Re: How to gain money on: December 24, 2023, 04:01:22 AM
People earn money through finding a real job. If he has a stable source of income, then he can extend his source of income through taking an investment. That way, he will will have multiple source of income that will generate money for him. Also, if he has a good source of income, he can easily save so he can have something to reap in the future. Money is not achieved by doing nothing, you should learn how to make an effort so you can have something to gain later on.
It is the common way of most people do in their life. People will try to find real jobs that can ensure for regular income for a long time. Sure, people will consider to have an investment when they have established jobs and stable income. This way will increase the chance for having better income in the future, investment offers the opportunity for gaining high profits. But the type of investment chosen by people may depend on their knowledge and economic level. For middle-high class people, they may invest in gold, stocks, lands, or property. Meanwhile for low class people mostly choose to invest in gold that they can buy with limited funds. Surely for middle-high class have more varied options for investment due to having bigger amount of money.



Nothing in this world is free nowadays, it either you put effort and skills into something you are good at for some people or companies to pay you. Without a stable job it would be impossible for a person to have investments that could help them in the future, there's already a lot of ways for people to earn money nowadays which is legal with the help of the internet, some would be a streamer that pays really good, there's some freelancing online which pays more than an actual job but the thing is not that stable as your income depends on the availability of the customers. No matter what class you are in the economy, you could still do the DCA method for you to invest and accumulate profits in the future.
250  Economy / Economics / Re: Pay discrimination on: December 24, 2023, 02:32:53 AM
There has always been a huge difference in the pay scale between the white collar jobs and blue collar or skilled labor wherein the later one put in more effort physically and do more hardwork than the earlier one.

Should there be market correction done for skilled labors?

Some will say that an white collar employee is more mentally drained out hence they deserve better pay but people who do menial job stop working the world will just rot as everything cannot be done but robots and AI.

It's sometimes sad to see how they are treated disrespectfully, be it a waiter, delivery workers, cab drivers, carpenter, or construction workers as they are the pillars and without them things will start falling apart. I know some of these can be automated but not everything.

Every type of job has different pay as they have different ways of contributing to the companies. We know that being in a blue-collar job is ain't easy as well for a white-collar job, cause some of the work needs some knowledge that wouldn't be learned in just days or months but it takes years which is applicable for white-collar. From that, we could already understand why they have higher pay than a blue-collar job cause they are being paid by their knowledge and brain.

Now for the blue-collar, they are important for our industry cause without them we don't have employees that contribute as well, but they are being paid only for their efforts, skills, physical, etc. which can be learned by simply having instructions for days or months. Let's say an engineer guides you to do something and of course, you are not aware of how to do it, but after you got instructed you done it, you are getting paid.
251  Economy / Gambling discussion / Re: The madness of gambling addicts. on: December 23, 2023, 05:36:02 PM
do you think some people can get to gambling too because they have too much disposable income and don't think they deserve all the money they got?
could be a thing too imo.

having a support network definitely helps a lot.

This could also be it, there are people who are very wealthy like they made their money out of no where, either they made it illegally or base on inheritance some of them just see their self that they don’t suffer for the money and as such they should spend more on gambling to see if they can either win more money from trying out their luck or if they can just make the casino more richer.

Some people end up spending more money and getting more addicted to gambling as a result of them being busy trying to prove to others that they can be able to make it out from no where I mean those already made kids who did not suffer for anything they try to make use of the money in their possession to gamble and see if they can make some large winning and make sure they win something out for them self which they end up not even winning a penny instead they still wasteful gamble with the little in their possession.

it's interesting how sometimes the same thing (money) can be a blessing and a curse
for some people money can solve problems, they can use it to build things that will help not only them but the whole world
for others money can be a curse and they won't be able to update their mindset on deserving it and will end up losing or spending it all...

There are a lot of factors that cause people to use money for their own benefit or use it in a manner that we can consider a curse. For example, their surroundings and the environment, if they grow up with mindsets like what they can mirror or see in their parents. If one has the privilege to focus on their study and train their talents or skills for sure they could build up things that could help them in the future which would contribute to the community as well. While the other one lacks support, I think it would be a handicap for them to explore and leave their comfort zone as they are used to in their past. Though gambling addicts wouldn't be as excused but for sure they would need professional help.
252  Bitcoin / Bitcoin Discussion / Re: Gifted wife with bitcoin money on birthday and wife happily gifted BTC logo on: December 23, 2023, 03:02:21 PM
First of all, I would like to say happy birthday to your wife even though it might be late already. After reading your post OP, I could say that you and your wife must be lucky with each other as you can appreciate every effort and gift you gave to each other which is very sweet. Well, I think you are concerned about the holdings I mean you wouldn't have mentioned it in the first place if it isn't a big deal. Just enjoy every money you have with your loved ones, cause that is one of the reasons why we would like to have financial freedom by just simply investing with Bitcoin, to afford everything we like, celebrate, etc. Remember that you started from nothing and your wife is the one by your side through the ups and downs. I like how she put effort into giving you something plus the one that you love doing which is Bitcoin.
253  Economy / Services / Re: [OPEN] Bets.io Signature Campaign | SiGMA Award Winning Casino on: December 23, 2023, 02:10:03 PM
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254  Bitcoin / Bitcoin Discussion / Re: Another year is going to end. Bitcoin isn't dead on: December 22, 2023, 05:13:54 PM
It’s funny how the bitcoin is dead concept never dies. It’s like every person person who doubts bitcoin continuously fails to convince everyone not to believe in bitcoin. It's a testament to the robustness of the cryptocurrency and the challenges it has overcome.
All challenges have been overcome with real proof, in fact Bitcoin is still alive and has received recognition as the best crypto asset ever. The people who always want Bitcoin to die are only a small group who are afraid of Bitcoin's existence. As long as the mining community is still mining, Bitcoin will remain alive, their activity is a vital organ that keeps the network functional and operational.

For those who have doubts about Bitcoin long term durability, they should look at market sentiment towards Bitcoin to add insight into the Crypto market as a whole. Bitcoin is still at the forefront and will always be the most sought after crypto asset by investors.


For many years Bitcoin has already proved that it is a valuable asset that, unlike any alternative coins or shtcoins could only last for months or years. People around the world already acknowledged Bitcoin's existence but of course, there will be always several people who would not support it because they have their reasons could be financial, too complicated, etc. People who doubted it for sure don't do their own research about Bitcoin, even its history cause we know that statistics don't lie. Even if we look at some charts we would know that Bitcoin would still be alive for the next decade and might reach its ATH peak. This is one of the reasons why Bitcoin is much better in long-term investment especially in the bull run once you accumulate Bitcoin.
255  Economy / Gambling discussion / Re: Risk management and responsible gaming on: December 22, 2023, 04:10:07 PM
Risk management is most important thing in gambling sector. If you are not able to manage you risk then you have to suffer a lot after playing gamble. Because new gambler don't know actually risk management they play as a new and when they faces losses that time they suffer. Risk management is most responsible think in gambling sector because no one can't be an successful gambler without it.

I think when it comes to gambling, it is hard to have risk management as everything relies on luck. It is possible to reduce the risk by just simply analyzing, the knowledge, skills, etc. If that is the case it would be stressful in the long term in gambling as everything you would need to identify everything for you just to profit. Well, even famous people who invented formulas in probability and statistics use them for gambling just to profit like for example Pascal. It is indeed a must-cause if you are just impulsively betting your money without thinking of any ideas, for sure you would just pray for your luck to be on your side which is rarely to happen in gambling.
256  Economy / Gambling discussion / Re: Beginner needs your advices in gambling. on: December 21, 2023, 05:32:50 PM
Do you think Me starting gambling would effect me in my real life or make me addicted to gambling. What’s you suggestion and advices.

You could answer it by yourself cause it depends on your discipline and responsibility. You could start with a small amount first and observe what you feel and what you think, from that you can conclude your personality in gambling that you need to avoid. I think it would be better if you are having fun while gambling, cause if you are eager to profit it would just affect your emotion and causes you to have an unwise decision making.

Remember that it is normal for a gambler to lose and, of course, win as well but if you are out of funds, never take a loan just to gamble again, it is the worst thing you can do in gambling cause it won't help. Also, learn to take profit and be contented with your winnings, cause once you get greedy, it would backfire on you as you would start to bet higher amounts as you tasted wins. Split the spare money for your gambling so you can't use it when you are out of your limit.
257  Economy / Gambling discussion / Re: Can Gambling affect your relationship? on: December 21, 2023, 05:10:54 PM

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.
I agree with your opinions on this
When someone is gambling responsibly, I don't think gambling is going to have any negative effect in his relationship with his people around him because he's gonna be time conscious and also know the ideal time to gamble and when to give people around him the necessary attention they need.
It's a gamble addict that  will always dedicate all his time, resources and energy in gambling which in return will affect not just his relationship with people around him l but also with anyone that he's got business deals with. These are the reasons why every gambler have gamble responsibly.
Well that totally depends on your partner, as even if you are not addicted or losing too much, relationships have more people then ourselves that we do need to consider. And their values and opinions might not match ours in every issue.

But generally speaking, everything you do in life can affect all kinds of relationships in life, both in negative and positive way. And thing is, it depends on the relationship. Sometimes things that are casual to us, and we don't see any harm in them, are hard thing to accept by other half of that relationship. Then we need to talk and often compromise so we can be compatable enough to continue the relationship. But especially when it comes to addiction. May it be gambling, substances or anything really. It comes so many times before relationships. So, yes, it can strain them, or even end them.

Thing is, it's not the gambling that is doing that, but the addiction. Addiction can be towards anything people get hooked at. And people get hooked at various things.

It really depends on how you work out your relationship but major reasons of partner's misunderstanding is when one of their partner is involved in gambling activities, worst is being addicted into it. Disclaimer, there's nothing wrong in doing gambling but it's a different matter if your partner is already addicted to gambling and it affects your relationship especially when it comes to time and money. If a person doesn't want to take the negative effect of gambling, He should be responsible enough to avoid such trouble and disappointments from your partner and family.

We know that gambling doesn't do any good to people especially if it's already affecting their finances. If you are gonna commit to a relationship, you know that some lifestyles won't be the same anymore as you have more responsibility in your life which is your partner or your family. There's nothing wrong with gambling especially if you are just a single person and have enough money to gamble. Just imagine the time you are spending into gambling where you can do many things already with your partner or family like bonding with them. You can actually gamble once if you are financially stable and have spare money to bet. If the case is your partner is already addicted, I think it would be better to seek professional help.
258  Bitcoin / Bitcoin Discussion / Re: The risk and reward of having Bitcoin on: December 21, 2023, 04:08:17 PM

disadvantage of having it

*The high volatility attach to it can be very risky.
* It's not generally accepted by all.
* It can be stolen if your system is hacked.
* It's almost near impossible to retrieve if sent to the wrong address.



Well, from this disadvantages could be reduced if you know the crypto industry. The volatility of Bitcoin is the reason why people love it since it is one of the reasons why we could profit from investing in Bitcoin. Many people are used to the fiat system which is why when they found out about Bitcoin, it was pretty complicated for them since there are a lot of things you would have to consider starting from familiarization. The last two can be easily avoided if you are smart in using your gadgets and the internet. Not clicking any fishing links, have your pop-up ads turned on in your settings, etc.


  advantages of having it

* It can make you filthy rich during the bull run.
* It decentralized, no third party like banks and financial institution.
* It's a self custodian asset, the privacy is priceless.
* It's very accessible at any given point in time.
I don't know if I missed some that I didn't mention.


I couldn't say that it could make you rich at bullrun unless you have been holding Bitcoin for many years, but of course, you could profit depending on the holdings of Bitcoin you have. Bitcoin also gives people convenience in that they can even use it anywhere as long as they are connected to the internet but would be better to not use it in public for safety purposes.
259  Economy / Economics / Re: Business failure among small-scale entrepreneurs on: December 20, 2023, 06:23:54 PM
Some new business lack the sales of goods or product and nothing kills a new business than not meeting its sales goals. Lack of proper investment in a business kills the business also, some people lack the idea of investing more on their business,
a business's success heavily relies on its sales performance. New businesses often struggle with generating sales, which can be detrimental to their survival. In addition to sales, proper investment is equally crucial for a business to thrive. Many entrepreneurs underestimate the importance of investing in their business, which can hinder growth and sustainability. Prioritizing sales strategies and allocating sufficient resources to enhance product/service offerings are vital steps for ensuring a new business's success. It's essential to understand the significance of both sales and investment in building a thriving and profitable business.

Is true that sales are one of the factors of an investor's success, that is where the business basis if they should continue their business, cause some businesses despite having a plan it doesn't have any sales then it would be hard to recover resources as you get the capital from your funds again. Even starter businesses take advantage of using sales to have enough funds to upgrade their business, which the customer likes as they can see the improvement from the start of their product. People should not be afraid to risk on their first product as they can gather reviews for them to improve, remember that every business starts from scratch having a small fund and small sales as well. Plus there are already many ways to improve sales with the help of the internet, just take advantage of every resource you have.
260  Economy / Gambling discussion / Re: What's your view on this? Is it fun or addiction? on: December 20, 2023, 05:47:41 PM
As you have mentioned the image is from a WhatsApp group, not your friends, so it could be one of an encouragement for people to keep gambling and most likely to be an advertisement. It is easier to tell that to anyone cause he is not the one who's going to suffer from that, just imagine telling anyone to take a loan and keep gambling, isn't that a dumb thing to do? We can't tell if he is actually addicted to gambling as there is no information about him is he playing every day? But from that screenshot, we can say that it is dumb so I could say that it might be an advertisement.
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