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Author Topic: Gambling In Crypto  (Read 738 times)
Wawa2013
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January 29, 2022, 03:58:54 AM
 #121

I also never thought about how much victory I got from gambling. In fact, to be honest, I have experienced more losses when playing gambling.
Because from the very beginning my goal of playing gambling was just for entertainment and to release the stress that I get when I work.
So even if I get a win, I think it's just a bonus. I don't want to make gambling a source of income, because it is very difficult to expect to get
a consistent profit from gambling. In my opinion, gambling, which relies on luck to win, can make us stressed if it is used as a source of income.
So making gambling for entertainment is the best decision, so when gambling, either losing or winning, we can enjoy it.
We should do that if we want to play gambling so we do not have to get more stress from gambling.
As long as you can treat gambling as it is, you will have a chance to enjoy and release the stress you get from the other places, but you should not have any target on how many winning you can get as that will depend on your luck.
I think the other gamblers will have the same thing as us so we can still play gambling anytime we want and not get stressed because we lose because we do not use too big money to gamble.
But that will give more stress if you use big money and do not know when to stop.

You are right, don't spend too much money when gambling, it only stresses us when we lose. Then what is dangerous is that the defeat of using
large capital makes us lose control, and try to cover up the defeats that we experience, then ultimately make us experience even greater losses.
Because the fact is that casinos always win, so we must learn to accept defeat when gambling. To be able to accept defeat we must ask ourselves,
how much money we are willing to lose if we lose. Because everyone is different, so just limit the money we will use to gamble according to the limits
we want. I myself have separated the money that I will use to gamble every weekend, so if the money runs out it means I have to stop gambling.
By limiting the money for gambling, I can avoid stress, and it finally made me avoid gambling addiction too.

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January 29, 2022, 07:13:13 AM
 #122

I gamble using crypto and fiat ,both are far different and superior to using crypto so far (IMO) ! because using fiat I always get carried away by emotions and drifted in a frantic feeling ,between curiosity and a little addiction too ! using crypto can manage my finances how much money can I spend buying crypto ,if I lose I'll stop but if I win it will bring abundant profits price volatility !

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traderethereum
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January 29, 2022, 07:50:19 AM
 #123

You are right, don't spend too much money when gambling, it only stresses us when we lose. Then what is dangerous is that the defeat of using
large capital makes us lose control, and try to cover up the defeats that we experience, then ultimately make us experience even greater losses.
Because the fact is that casinos always win, so we must learn to accept defeat when gambling. To be able to accept defeat we must ask ourselves,
how much money we are willing to lose if we lose. Because everyone is different, so just limit the money we will use to gamble according to the limits
we want. I myself have separated the money that I will use to gamble every weekend, so if the money runs out it means I have to stop gambling.
By limiting the money for gambling, I can avoid stress, and it finally made me avoid gambling addiction too.
It will not be suggested if you gamble using large capital, especially if you do not have good control to manage the money because when you lose some time, you will not think about how much you already losses instead of still playing for more.
It will lead you to use more money but you do not see your money is already reduced a lot.
If you use fiat or crypto, controlling your money will be important and just accept the losses and leave the gambling while you can.

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January 29, 2022, 10:19:31 AM
 #124

I gamble using crypto and fiat ,both are far different and superior to using crypto so far (IMO) ! because using fiat I always get carried away by emotions and drifted in a frantic feeling ,between curiosity and a little addiction too !
I haven't felt that only with gambling with the other because that feeling of moving my emotions is always there whenever I gamble with fiat and crypto.

using crypto can manage my finances how much money can I spend buying crypto ,if I lose I'll stop but if I win it will bring abundant profits price volatility !
But since we're all here, we're really liking the use of crypto and it's true. Whenever we win, we can hold those profits and wait until the price goes up so it's like another additional profit after winning.

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peter0425
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January 29, 2022, 10:39:01 AM
 #125

You are right, don't spend too much money when gambling, it only stresses us when we lose. Then what is dangerous is that the defeat of using
large capital makes us lose control, and try to cover up the defeats that we experience, then ultimately make us experience even greater losses.
Because the fact is that casinos always win, so we must learn to accept defeat when gambling. To be able to accept defeat we must ask ourselves,
how much money we are willing to lose if we lose. Because everyone is different, so just limit the money we will use to gamble according to the limits
we want. I myself have separated the money that I will use to gamble every weekend, so if the money runs out it means I have to stop gambling.
By limiting the money for gambling, I can avoid stress, and it finally made me avoid gambling addiction too.
It will not be suggested if you gamble using large capital, especially if you do not have good control to manage the money because when you lose some time, you will not think about how much you already losses instead of still playing for more.
It will lead you to use more money but you do not see your money is already reduced a lot.
If you use fiat or crypto, controlling your money will be important and just accept the losses and leave the gambling while you can.
in gambling there is no exact amount needed to use but at least you must Obliged yourself to have a budget amount to use and a target percent before stopping , if you can put these into action then you will always be saved in your gambling activities .

Only use the budget to let lose and use the target to let go.

I have learned those strategy when i become a gambling addict in which almost ruined my family life.

Cling18
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January 29, 2022, 10:44:42 AM
 #126

You are right, don't spend too much money when gambling, it only stresses us when we lose. Then what is dangerous is that the defeat of using
large capital makes us lose control, and try to cover up the defeats that we experience, then ultimately make us experience even greater losses.
Because the fact is that casinos always win, so we must learn to accept defeat when gambling. To be able to accept defeat we must ask ourselves,
how much money we are willing to lose if we lose. Because everyone is different, so just limit the money we will use to gamble according to the limits
we want. I myself have separated the money that I will use to gamble every weekend, so if the money runs out it means I have to stop gambling.
By limiting the money for gambling, I can avoid stress, and it finally made me avoid gambling addiction too.
It will not be suggested if you gamble using large capital, especially if you do not have good control to manage the money because when you lose some time, you will not think about how much you already losses instead of still playing for more.
It will lead you to use more money but you do not see your money is already reduced a lot.
If you use fiat or crypto, controlling your money will be important and just accept the losses and leave the gambling while you can.
in gambling there is no exact amount needed to use but at least you must Obliged yourself to have a budget amount to use and a target percent before stopping , if you can put these into action then you will always be saved in your gambling activities .

Only use the budget to let lose and use the target to let go.

I have learned those strategy when i become a gambling addict in which almost ruined my family life.


Gambling the allocated fund that you could afford to lose would be a smart decision. We should keep in mind that there's no guarantee of sure profit in gambling so we must be wise in spending. Either crypto or fiat, you should know how to use your funds wisely and never use all of it in gambling because you might regret losing everything in the end.
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January 29, 2022, 10:45:42 AM
 #127

I gamble using crypto and fiat ,both are far different and superior to using crypto so far (IMO) ! because using fiat I always get carried away by emotions and drifted in a frantic feeling ,between curiosity and a little addiction too ! using crypto can manage my finances how much money can I spend buying crypto ,if I lose I'll stop but if I win it will bring abundant profits price volatility !

I'm not sure how can gamble with fiat give you worst effect than crypto while it should have no different at all especially if we are talking about addiction. Money management also should not be different as it is about how serious we are in controlling ourselves. Last thing, crypto does not give guarantee of abundant profits due to its volatility because you may lose your profit when you win if the price is dumped significantly.

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January 29, 2022, 01:35:12 PM
 #128

I gamble using crypto and fiat ,both are far different and superior to using crypto so far (IMO) ! because using fiat I always get carried away by emotions and drifted in a frantic feeling ,between curiosity and a little addiction too ! using crypto can manage my finances how much money can I spend buying crypto ,if I lose I'll stop but if I win it will bring abundant profits price volatility !

I'm not sure how can gamble with fiat give you worst effect than crypto while it should have no different at all especially if we are talking about addiction. Money management also should not be different as it is about how serious we are in controlling ourselves. Last thing, crypto does not give guarantee of abundant profits due to its volatility because you may lose your profit when you win if the price is dumped significantly.

I agree.

Using fiat or cryptocurrency is just the same, because you are betting your currency. The only difference is that obtaining fiat is much easier than obtaining cryptocurrency, that's why you think using it is worst than using cryptocurrency. But the cons in using cryptocurrency is that you're losing much more in the long run, because of volatility, if you use it to trading (stock trading) buy low, sell high, maybe you'll earn profits rather than losing too often in gambling.

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January 29, 2022, 02:22:02 PM
 #129

If you are worried about the volatility of cryptocurrencies, do not deposit large sums at gambling sites, and if you increase your account by winning, then withdraw funds and change them into stabelcoins. Many gambling sites offer an opportunity to deposit and play in stabelcoins which have no volatility compared to BTC or Ethereum.

I believe that I am speaking on a general perspective, and as much as the volatility of crypto has been a worry for the many, it is also what makes crypto gambling more exciting and gives the opportunity to increase the value of your money. I must agree with that there are gambling sites that are featuring stabelcoins, and so that leaves tx fees as one of the concerns in crypto gambling.

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molsewid
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January 29, 2022, 03:39:07 PM
 #130

Gambling the allocated fund that you could afford to lose would be a smart decision. We should keep in mind that there's no guarantee of sure profit in gambling so we must be wise in spending. Either crypto or fiat, you should know how to use your funds wisely and never use all of it in gambling because you might regret losing everything in the end.

It's a constant reminder to allocate a fund that you can afford to lose because exceeding on you limitation or overspending on your allocated fund may probably fall a gambler into debt.  And as a gambler this one should be a top reminder if we want a peaceful life after gambling. What I mean about it is that when you loss your allocated in gambling you will jot be very discourage and depressant because you know to yourself that this certain amount is what you can afford to lose. This kind of reminder doesn't sit on on fiat but also in crypto or in any aspect of finances.
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