So how successful have you been with altcoins investment because it is not easy for some altcoins to turn out profit. They are good for short term during the bitcoin halving bull because that is the peak of bitcoin and then most of the altcoins take same advantage to grow and after that the next thing is dumping and the coins fall back to initial price or below. Altcoins are the worst hit during the bear season and in this season some never make it back to CMC, so bitcoin still remains a better option to invest in.

What spade exactly  

There have been series of threads here and contributions about the negative aspects of gambling and that has not been hidden. Much as new and old gambler know about the negative side of gambling, I don't think the positive side is really out there in the public.

So Op is also trying to show that there could be positive side of it if you gamble reasonably.

Make them no dey stress stress people unnecessarily, fill fill don too much at the end of the day dem go pay some and the officials go collect others. People don lose hope for the way dem dey run government for Nigeria.

Me I no even know say dem dey feel form.

Wetin dey make government no dey go through a simple process wey be BVN. Them get people account number including phone number, why dem go still dey ask to feel form wey be say if you no be party supporter or you no get big person as insider your form no go go through.

This is the take home as a lesson depending on the one we want, either to allow a cash to run or to cash it and consequences of which we will bear at the positive or negative side of it at the end.

However, this has show the real operation of cash out and I appreciate the courage of Op. Gambling has two expection, either a win or a lose.


Hypothetically, if you have a 16million naira (16,000,000) potential to win with two games remaining and a cash out of about 8 million (8,000,000) to run away with, would you take same decision you took?

The beauty of cashout is that it affords gamblers the opportunity to run away with temporal winning for that gambler who is skeptical about winner takes all, so he wants to share part of it but that gambler who feels comfortable should allow his game to go on until he takes out all the potential but then it is risky and more painful if you have a huge cash out from your potential and losses it.

Cashout has been of very tremendous help for gamblers. In my country before the introduction of cashout around 2016, gamblers really found it difficult to win or to win huge or reasonable sum of money but now the situation is different as most gamblers rely on cashout and many have seen their action for running away with the cashout because the remaining games were not successful.

It depends on how often you come close to winning a bet or how many times you have won your bet. If you have always been losing, you would be tempted very much to cash out or if you have a pressing need for money. Anyway, we all deal with cash out differently. Some gamblers don't really like the cash out option, they feel it deprives them of the full potential winning when they cash out and it wins but what about when you don't cash out and it loses, those gamblers who support cash out have that as a reason that they use cash out. That's individual differences in gambling and the use of cash out.


Well that depends on if he is an active gambler that does a high staking but I doubt he is, the more reason he came to solicit for advise. If he is an active gambler, he must have been seeing such cases and would have by now decided on how to be handling cash out issues. There are different levels of cash out, small or big cash out depending on how much used in the staking and if the gambler won't have high blood pressure if he allows the cash out go and ended up not winning the game. I think he is not a big staker and that money would be very much needed to him.

I can imagine what op will be feeling at the moment. He might develop high blood pressure from the thinking of his "supposedly foolishness " for not cashing out a very big amount whilst he had two more games to go. Wow it was a great blow.

He would have been one of the happy people this December season but now that happiness may be "different ". You have to have this experience to know how it feels.

He has to forgive himself first before his family, friends or people that know about it will forgive him.

I would think this was the last response from Op on the thread and probably he went on to allow his game continue and not to cash out. If he didn't cash out then he lost all but if he did then he is luckier and would have been here to announce it.

So we know what it is, he probably is still angry with him self for losing half of his potential win to risking a chance for the full pack.

Unfortunately, I don't know if that would also be called greed or not being smart at gambling.


And this is the important part of my first response to his post. I have seen instances where gamblers also do that when they are in such dilemma. If Op had done that then he would also be happy by now.

Unfortunately, that is what gambling is. There is never an assurance to a game no matter how beautiful it is and moreso, this experience may put fear in op's emotions if he has not experienced it before.

The effect of both depends on which area of life that we think is affected most or worsely so. Is it to the finance or to our health and we know that health and good living is above money. I believe if someone is taking in substance that will keep destroying their organs then the person is causing more internal and external harm to himself. Physically, a drug addict may look more unkept than a gambling addict because of the destruction of the organ.

The aspect that I'm looking towards is the health not the finance. Moreover, you will have a drug addict also being a gambler but you may not find a gambler also embarking on drug.

Imagination of the mind can go beyond the expected and that is what is happening in the world of business that many want to be smarter . The idea of war as betting option is ridiculous whether it was photoshopped or reality. To conceive the idea of other games will be appreciated but to use the current war as betting is not kind to humanity. We can have animated wars  but not real and ongoing wars.

Majority of gambling is done for multiplier purposes and that is why we witness more loses than profit because gamblers are focused on the pecuniary than they will derive entertainment from it. It is the concern of gamblers to win money and not lose money or the entertainment that it is believed.

So making money is the reason that gamblers would be reckless as their drive has taken over their emotions and they get more greedy appetite and do high risk gambling that gets them out of bankroll so quick that they can imagine.

It is not a career part for me because I believe even those who claim to be professionals also lose money in it from time to time but what happens to their own situation is that they have capital base to deep into for steady refund. Moreover, they also understand how to manage their bankroll and to that extent they can be claiming professional. It is not a full time job even though some gamblers who don't have other source(s) of income have seen it that way of trier to know if it can help them to survive but really, it is not long lasting.

Trading fit be full time job if and only if (you sabi am and dey make steady profit from am) because check am if you sabi the winning trading strategy you go always dey cash out foreign pepper, na you go even be big boy pass yahoo guys or guys wey don jakpa but the truth be say trading no be for children. If you no sabi am, na barba shop go dey relate with your account. That na why you no need rely on trading.

As for investment, that one na seasonal na so you no go still depend on only investment. Like now guys dey expect bull next year and dem dey hodl tight and after this bull most likely na another 4 years. So crypto investment no dey regular and you no fit rely on am.

So which one is being lucky, cash out or waiting for what you don't know what the outcome will be . If Op waits for the last game and finally get lucky on it he would definitely be over joyous but waiting beyond cash out time can also make him unlucky just like I understand the last part of your post. But I hope he comes back to update being lucky.

I really don't want to be in your shoe Op   or if I were in your shoe maybe I would have taken it, the cash out , so that I can at least avoid the pressure you are mostly into now.

Anyway, I like the cash out option because it allows you to run away with some and leaving some for another day but if you still get to another lucky day, you will still run off to leave some money behind you. It is actually up to you.

Regards to your potential, you already have a huge cash out from your potential with two games remaining. Logically, the reason I think the cash out is huge is probably that the game will favour you and they are trying to tempt you to forfeit some, but it is still under risk, anything is possible with gambling. You might still lose it.

But what I advise people who are in such dilemma is that you can cash out and use a huge bankroll to restake the remaining games on the option you want which maybe be same option you staked it before. Like you can restake it with 100,000 naira from your cash out of 300+ naira, with that you would have 200+ naira as profit if the restake didn't go your way but if it does then you have more potential.

I wish that you take a decision that will favour you but remember, I think they say a bed at hand is worth more than million in the bush  


Sometimes this is one idea that makes us to go down even as when it is a very little thing that we could have avoided. I get your point though, to prove that you are actually master of your game or your predictions so that you will defeat fear but at other times it also pulls a gambler down.

I may not follow this actually 

I always believe in building gradually and it time the resources or bankroll will increase. Even when it increases, I wouldn't also stick my neck out too much. I would stake the amount that I can lose and not to aim for large fortune when I'm not ready to lose all I have gradually built.

If I go with large bankroll and lose it means I would have to start again which is not a good bankroll management.

Op will unfortunately suffer some set back for his action just like he remorsefully admitted.

Sometimes it can be tempting to empty your account because you feel that the outcome of a bet would favour you or when some friends call you up to go stake some game giving you hope it is a game you don't have to refuse to bet. So it is understandable when that urge loom but we don't have to act on it with all we have or go borrowing. We should always see gambling as a lucky game that can come to our favour or go against us, so we should be pragmatic with betting and not bet what we are going to regret.

It is really absurd to see the length at which people could go because of business and making money. To me, it is a wrong trajectory and to be condemned. The significant of such if allowed is that people concerned or people that are influential to stop the war might not work towards that anymore.

We already know that those countries that dwell in arm production, it is a business time for them when countries go into war, now adding war option in betting will even make seize fire difficult because influential people are interested to gamble how many people will die in a day, weeks or months or from which side such death will occur or which side is stronger than the other.

This is not a good betting option for the sake of humanity, I thought the believe that betting is for entertainment is still flying, war is only entertainment when you watch the friction part of it from your TV or smartphone. Hope we are not going to hear winter death in Canada, Russia etc in betting option as well.

Apart from skill and luck , there is the third part that can stop or determine the chances of a gambler to win or lose and that is the house edge. This is important to note also that a gambler may not freely be winning bets steadily without losses especially in casino games because it is believed that there is a little bit of advange that the casino will have because he is in business to make money and so has to sustain the business. Therefore, we have to also put the house edge into consideration when talking about skill and lucky.

Nonetheless, I have also seen people who now take gambling as part of the job they do but that is especially football gambling. They do that because of no job as the economy has taken a downtown, so they still surviving through the means of gambling and doing other smaller jobs that are not steady. It is unfortunate but to these set of gamblers, they are very much focused on information and updates about football because that is how they know the best predictions to make for them to have profit. However, they are business like with this as they don't do multiple gambling, they do realistic gambling by picking few games then using their bankroll to increase their potential winning amount.