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Author Topic: I am only trying to stay safe by gambling less  (Read 2888 times)
Kasabus
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May 04, 2023, 08:44:34 PM
 #201

^

In my opinion, before we continue this conversation, we need to clearly understand that investing is a way to make money (sometimes very risky) and gambling is entertainment. I would advise against making the wrong associations in your head, as some do, and not trying to get rich in a casino, as it depends on luck, not desire, amount of money or free time.
Actually, I have said about this issue on several pages of this thread, but everyone has different thoughts and I think I agree with your statement that gambling is a place of entertainment to seek pleasure, which is very different from investment.
Even though this investment itself is not a place to look for luck, not like gambling, but the rest is like saving gold.

Right, there's exactly no point why we should treat gambling like an investment because even if their odds is the same where profits is not guaranteed, it is still different in various ways. I know there are some people who are called professional gamblers but even these kinds of people also got their own share of big losses especially before they got that what they have.

We should know that investment and gambling is two different things and we couldn't really associate these two because it will just result into a big mess.

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terrorJR
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May 04, 2023, 08:47:15 PM
 #202

^

In my opinion, before we continue this conversation, we need to clearly understand that investing is a way to make money (sometimes very risky) and gambling is entertainment. I would advise against making the wrong associations in your head, as some do, and not trying to get rich in a casino, as it depends on luck, not desire, amount of money or free time.
Actually, I have said about this issue on several pages of this thread, but everyone has different thoughts and I think I agree with your statement that gambling is a place of entertainment to seek pleasure, which is very different from investment.
Even though this investment itself is not a place to look for luck, not like gambling, but the rest is like saving gold.
As long as we continue to be aware of things like this, then I don't think it's a problem to make this a place to relax ourselves from some conditions where life is tiring.
As long as we know the limits of gambling, in fact things like this are not things that really make us upset, it's just that there are not a few irregularities that occur that make this uncontrollable for some people because the notion that gambling will always be profitable for them in gambling.

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Wakate
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May 04, 2023, 09:13:02 PM
 #203

^

In my opinion, before we continue this conversation, we need to clearly understand that investing is a way to make money (sometimes very risky) and gambling is entertainment. I would advise against making the wrong associations in your head, as some do, and not trying to get rich in a casino, as it depends on luck, not desire, amount of money or free time.
Actually, I have said about this issue on several pages of this thread, but everyone has different thoughts and I think I agree with your statement that gambling is a place of entertainment to seek pleasure, which is very different from investment.
Even though this investment itself is not a place to look for luck, not like gambling, but the rest is like saving gold.
As long as we continue to be aware of things like this, then I don't think it's a problem to make this a place to relax ourselves from some conditions where life is tiring.
As long as we know the limits of gambling, in fact things like this are not things that really make us upset, it's just that there are not a few irregularities that occur that make this uncontrollable for some people because the notion that gambling will always be profitable for them in gambling.
It is very good for us to always weigh our weakness and try as much to know our limit when it comes to some certain things so that we are not going to end up becoming a victim of circumstances that could be a detriment to our health and wellbeing.

What I know is that gambling is not for everybody because there are some persons that do not know how to control themselves when it comes to feelings and how they could regulate there gambling activities. We need always look for s way to make sure that we get solution to our problems if we discovered that we have some lapses that could affect our gambling lifestyle.

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Accardo
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May 04, 2023, 09:14:36 PM
 #204

Bitcoin trading and gambling are both risky, but people have their different views of things. The gambler who is not into cryptocurrency has his reasons for saying that you're similar to a gambler because he must have heard it somewhere about how traders lose so much money in cryptocurrency trading. Excellent bitcoin traders earn more profits, same with excellent gamblers. Differentiating among the side that earns the most money isn't easy, because sometimes a gambler could see a massive profit through gambling. The fact you gamble less doesn't make you an addict, but they think so, and it's their response about you. That defines the fact that everyone's perspective of what you do differs. That's why you shouldn't bother so much and show them results like you did, I'm sure it kept them calm. Hence, I bet that when you leave that circle to a place filled with skilled gamblers they'll show you their gambling profits, which may marvel you to learn that players see such amount of money in gambling. None is far better than the other or far worse than the other. Everyone should focus on what works best for them.

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May 04, 2023, 09:16:39 PM
 #205

In my opinion, before we continue this conversation, we need to clearly understand that investing is a way to make money (sometimes very risky) and gambling is entertainment. I would advise against making the wrong associations in your head, as some do, and not trying to get rich in a casino, as it depends on luck, not desire, amount of money or free time.
This is correct, that's the difference between investing and gambling. But it's much better to avoid arguing with the gamblers that don't have their minds open.
These types of people will argue with you until the next morning and won't allow you to win any rounds of your debate. So, just oblige what they say and you've got your own point.
It's pointless to have these arguments win by you as you've got nothing to gain, you've a point and they got a point as well that they believe they're correct above everyone else.

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May 04, 2023, 09:26:49 PM
 #206

Bitcoin investing in casinos will have to wait patiently to make a profit bitcoin is a reliable currency with more positive results than negative ones. Gamblers will have to wait until the bull run to see the face of profit bitcoin casinos are popular for accepting bitcoin, an alternative payment method and currency that is never bad to have. Always make sure to backup payment methods that you feel are safe and reliable bitcoin casinos differ from regular online casinos due to their fast transaction times.
I've tried getting  a better understanding  if what you're referring  to, which i couldn't  but I think op was simply  trying to compare gambling  and bitcoin  investments which are entirely  two separate things and at some points, it seems bitcoin investments always looks more like gambling  but since there are technical analysis and if properly done, I think one should be more at the safer end in bitcoin  investments especially  when it has to do with hodling which has relatively  more lesser risk.
Please don't get me wrong and I wasn't quoting  you wrongly  but I felt I had to make the op clearer to you that the comparison was for bitcoin investments and gambling and not fiat casino and bitcoin casinos.
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May 04, 2023, 09:29:52 PM
 #207

In my opinion, before we continue this conversation, we need to clearly understand that investing is a way to make money (sometimes very risky) and gambling is entertainment. I would advise against making the wrong associations in your head, as some do, and not trying to get rich in a casino, as it depends on luck, not desire, amount of money or free time.
This is correct, that's the difference between investing and gambling. But it's much better to avoid arguing with the gamblers that don't have their minds open.
These types of people will argue with you until the next morning and won't allow you to win any rounds of your debate. So, just oblige what they say and you've got your own point.
It's pointless to have these arguments win by you as you've got nothing to gain, you've a point and they got a point as well that they believe they're correct above everyone else.


You can't win an argument to people who are not open to any opinion of others.
Well, if you know what you're doing, you don't need to make a debate with other people.
Just continue what you think is best for your money, because later on, they will see the results of your effort.
The will soon find out that you still have some of your satoshis, whereas, most of them have lost theirs with their bets.
So who do you think is the real winner? The one with satoshis at the end or the ones who lost it?
So for me, you don't need to win on this argument, just look at the outcome of your activities.
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May 04, 2023, 10:58:34 PM
 #208

In my opinion, before we continue this conversation, we need to clearly understand that investing is a way to make money (sometimes very risky) and gambling is entertainment. I would advise against making the wrong associations in your head, as some do, and not trying to get rich in a casino, as it depends on luck, not desire, amount of money or free time.
This is correct, that's the difference between investing and gambling. But it's much better to avoid arguing with the gamblers that don't have their minds open.
These types of people will argue with you until the next morning and won't allow you to win any rounds of your debate. So, just oblige what they say and you've got your own point.
It's pointless to have these arguments win by you as you've got nothing to gain, you've a point and they got a point as well that they believe they're correct above everyone else.


You can't win an argument to people who are not open to any opinion of others.
Well, if you know what you're doing, you don't need to make a debate with other people.
Just continue what you think is best for your money, because later on, they will see the results of your effort.
The will soon find out that you still have some of your satoshis, whereas, most of them have lost theirs with their bets.
So who do you think is the real winner? The one with satoshis at the end or the ones who lost it?
So for me, you don't need to win on this argument, just look at the outcome of your activities.
Winning the argument doesn't gonna benefit in any means. It simply gives way to further discussion which is once again gonna turn useless as the minds weren't open. Good is to look upon our own activities and stay safe. We can give suggestions based on experience, when someone isn't ready to accept it is good to move.

As said it isn't the conversation that wins, we need to win with our holdings. This requires patience, regular savings and close observation of the market which lets you take the right decision (buy/sell and further based on the price make a buying/selling).

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May 05, 2023, 02:53:12 PM
 #209

^

In my opinion, before we continue this conversation, we need to clearly understand that investing is a way to make money (sometimes very risky) and gambling is entertainment. I would advise against making the wrong associations in your head, as some do, and not trying to get rich in a casino, as it depends on luck, not desire, amount of money or free time.

There's time that we brought our luck where ever we go and that's the time also when we are playing in casino or any gambling sites and place  we will win not once not twice but even up to 16 times streak win and that's the power of luck. And if that will happen in your life and every bet is a biggest bet they you can earn a lot you became a millionaire but it's temporary because once you start failing or losing then you will not stop or we can say that you can not control your emotions then all that money will gone.
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May 05, 2023, 07:33:19 PM
 #210

This is correct, that's the difference between investing and gambling. But it's much better to avoid arguing with the gamblers that don't have their minds open.
These types of people will argue with you until the next morning and won't allow you to win any rounds of your debate. So, just oblige what they say and you've got your own point.
It's pointless to have these arguments win by you as you've got nothing to gain, you've a point and they got a point as well that they believe they're correct above everyone else.


You can't win an argument to people who are not open to any opinion of others.
Well, if you know what you're doing, you don't need to make a debate with other people.
Just continue what you think is best for your money, because later on, they will see the results of your effort.
The will soon find out that you still have some of your satoshis, whereas, most of them have lost theirs with their bets.
So who do you think is the real winner? The one with satoshis at the end or the ones who lost it?
So for me, you don't need to win on this argument, just look at the outcome of your activities.
Yes, just try to avoid such arguments because it's going to be an endless debate for you when the other party can't accept your ideas which are correct and they're saying that they're correct on their own thinking. Even if, by analyzing what they're saying, they're wrong and yours should be the accepted fact by them. I've been into such situations and it's exhausting and will just suck all of your energy and thinking with that so, I ended up just giving them their own point so that it will come to an end. Just value your peace of mind and let them win an argument that they'll never lose.

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May 05, 2023, 07:45:48 PM
 #211

As long as we continue to be aware of things like this, then I don't think it's a problem to make this a place to relax ourselves from some conditions where life is tiring.
As long as we know the limits of gambling, in fact things like this are not things that really make us upset, it's just that there are not a few irregularities that occur that make this uncontrollable for some people because the notion that gambling will always be profitable for them in gambling.
It is very good for us to always weigh our weakness and try as much to know our limit when it comes to some certain things so that we are not going to end up becoming a victim of circumstances that could be a detriment to our health and wellbeing.

What I know is that gambling is not for everybody because there are some persons that do not know how to control themselves when it comes to feelings and how they could regulate there gambling activities. We need always look for s way to make sure that we get solution to our problems if we discovered that we have some lapses that could affect our gambling lifestyle.
The problem is that sometimes things like this can't be controlled, which makes gamblers always make the same mistakes.
I don't want to be naive with myself because on several occasions I also sometimes do that which makes regret always come in the end.
But on the other hand, as long as if indeed we are still in gambling then it is quite clear that learning about this must still be done because even if we cannot change the whole, at least we can minimize it little by little.

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May 05, 2023, 08:14:36 PM
 #212

I am not a gambling addict but some friends are making me look like one because I gamble less and they gamble more, it all started when we got into an argument that investing in Bitcoin is not the same as gambling, my friends who are gamblers, not full-time but more of a gambler than I am, are claiming that there is no difference between investing and gambling, they said if all you doing is investing money on Bitcoin you are no different to those who are gambling in a casino.

Whatever thing you overdo is bad and could lead you to addiction, let alone when it comes to gambling or trading, we really need to do it with deciplined mind, if we really want to be profitable. One should have rules, state or put down those rules and how to follow it, which should involve the total number of games one should play in a day/week , number of loses which you would have and consider taking a break in order to avoid excessive betting.

R


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May 05, 2023, 10:37:01 PM
 #213

I am not a gambling addict but some friends are making me look like one because I gamble less and they gamble more, it all started when we got into an argument that investing in Bitcoin is not the same as gambling, my friends who are gamblers, not full-time but more of a gambler than I am, are claiming that there is no difference between investing and gambling, they said if all you doing is investing money on Bitcoin you are no different to those who are gambling in a casino.

Whatever thing you overdo is bad and could lead you to addiction, let alone when it comes to gambling or trading, we really need to do it with deciplined mind, if we really want to be profitable. One should have rules, state or put down those rules and how to follow it, which should involve the total number of games one should play in a day/week , number of loses which you would have and consider taking a break in order to avoid excessive betting.
Agreed anything beyond limit gonna worsen the situation. For this reason it is good to set our limits and move accordingly. Rather than gambling less we should know when to take a break and when to concentrate on something else. People easily gets addicted when it comes to gambling, so we should have the learning along with our experience. Most of the gamblers get out of addiction after experiencing hard days out of it. Such scenario can be avoided going through the experience shared by different users.

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May 06, 2023, 03:31:05 AM
 #214

I am not a gambling addict but some friends are making me look like one because I gamble less and they gamble more, it all started when we got into an argument that investing in Bitcoin is not the same as gambling, my friends who are gamblers, not full-time but more of a gambler than I am, are claiming that there is no difference between investing and gambling, they said if all you doing is investing money on Bitcoin you are no different to those who are gambling in a casino.

Whatever thing you overdo is bad and could lead you to addiction, let alone when it comes to gambling or trading, we really need to do it with deciplined mind, if we really want to be profitable. One should have rules, state or put down those rules and how to follow it, which should involve the total number of games one should play in a day/week , number of loses which you would have and consider taking a break in order to avoid excessive betting.
When a gambler has enough bankroll and keeps losing in the gambling, the chance of losing that bankroll is so high. It is not possible to say when a gambler becomes addicted. However, excessive losses and high winnings can lead to gambling addiction. A gambler must follow a routine. Though it is very difficult to maintain the rules. Because we often don't prioritize these things when we are gambling. when we lose in gambling we remember these things. But the main point is that we should take precautions before any accident happens.

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May 06, 2023, 09:39:26 AM
Last edit: July 15, 2023, 03:26:52 AM by slapper
 #215

I am not a gambling addict but some friends are making me look like one because I gamble less and they gamble more, it all started when we got into an argument that investing in Bitcoin is not the same as gambling, my friends who are gamblers, not full-time but more of a gambler than I am, are claiming that there is no difference between investing and gambling, they said if all you doing is investing money on Bitcoin you are no different to those who are gambling in a casino.

Whatever thing you overdo is bad and could lead you to addiction, let alone when it comes to gambling or trading, we really need to do it with deciplined mind, if we really want to be profitable. One should have rules, state or put down those rules and how to follow it, which should involve the total number of games one should play in a day/week , number of loses which you would have and consider taking a break in order to avoid excessive betting.
Agreed anything beyond limit gonna worsen the situation. For this reason it is good to set our limits and move accordingly. Rather than gambling less we should know when to take a break and when to concentrate on something else. People easily gets addicted when it comes to gambling, so we should have the learning along with our experience. Most of the gamblers get out of addiction after experiencing hard days out of it. Such scenario can be avoided going through the experience shared by different users.
Boundaries? Yikes! It doesn't matter when you're a gambling master like me. Knowing when to relax is essential, but what about the thrill? Priceless. Bets require risky, high-stakes actions. So loosen up, leave your inhibitions at the door. If you try living the dream, you could just get lucky. But be wary; misfortune might strike at any time, leaving you broke and blue. That's just the price of admission for this crazy rollercoaster, folks.

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Westinhome
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May 06, 2023, 09:53:01 AM
 #216

Gambling is not the addiction based game,but you become the one.If you play the game with the intention of winning the money.If the game strategy was not satisfying by your methods,then you would face such consequences.The gambling should be played based on the way of getting entertainment from it.Some gamblers had the attitude of playing till the money get bank corrupt.When you get some loss,you should hold till the game strategy was created by your new game strategy.
michellee
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May 06, 2023, 10:13:20 AM
 #217

When a gambler has enough bankroll and keeps losing in the gambling, the chance of losing that bankroll is so high. It is not possible to say when a gambler becomes addicted. However, excessive losses and high winnings can lead to gambling addiction. A gambler must follow a routine. Though it is very difficult to maintain the rules. Because we often don't prioritize these things when we are gambling. when we lose in gambling we remember these things. But the main point is that we should take precautions before any accident happens.
Becoming addicted to gambling is only a matter of time. If he persists in gambling even though the chances of losing money remain high, he may become addicted to gambling shortly.

But if he realizes what he's doing in gambling has changed him, he needs to stop before his gambling addiction levels rise.

And as his gambling addiction grew, he could not stop himself from using his money to gamble and thinking only of gambling. Things only got worse when he couldn't stop himself from gambling and even trying to make money at all costs.

tiCeR
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May 06, 2023, 10:45:40 PM
 #218

When a gambler has enough bankroll and keeps losing in the gambling, the chance of losing that bankroll is so high. It is not possible to say when a gambler becomes addicted. However, excessive losses and high winnings can lead to gambling addiction. A gambler must follow a routine. Though it is very difficult to maintain the rules. Because we often don't prioritize these things when we are gambling. when we lose in gambling we remember these things. But the main point is that we should take precautions before any accident happens.
Becoming addicted to gambling is only a matter of time. If he persists in gambling even though the chances of losing money remain high, he may become addicted to gambling shortly.

But if he realizes what he's doing in gambling has changed him, he needs to stop before his gambling addiction levels rise.

And as his gambling addiction grew, he could not stop himself from using his money to gamble and thinking only of gambling. Things only got worse when he couldn't stop himself from gambling and even trying to make money at all costs.

It is only a matter of time in most cases. Bank roll management does play an important part in gaming strategies, but most games are set up such that the odds area against you long-term anyway. When you play the lottery and win a jackpot of perhaps $100 million and a ticket cost you $2 and the chances to win the jackpot is like 1 in 200,000,000, you can play 50.000.000 times, lose the 100.000.000 and would still be way below an expected value that would put you into the green zone.

I know that I didn't take into account the smaller winnings, which would come on top. But usually the jackpot is exorbitantly higher in value that you get the point. That is the problem. Poker players can win a tournament, or they can win several tournaments, but even those with big names in the industry sometimes go broke. Because what do you do if on the one hand the odds should now be in your favor, but your losing streak is longer than what your expected value calculations suggested? You go broke or you cut losses and stop. Even if it is a game with a slightly positive expected value wouldn't even mean that you always end up with profits.
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May 06, 2023, 11:04:51 PM
 #219

^

In my opinion, before we continue this conversation, we need to clearly understand that investing is a way to make money (sometimes very risky) and gambling is entertainment. I would advise against making the wrong associations in your head, as some do, and not trying to get rich in a casino, as it depends on luck, not desire, amount of money or free time.

You may argue about it or not but isn't gambling another way of making money?  Remember gambling is played with bets and if you are lucky you can win a reward.  But it is not advisable means of making money.  While at the same time, investment can be a gamble.  When?  That is when an investor does not know his investment and rely purely on his luck to get a profit.  one example is investing in shitcoins.  The level of risk is very high that we can label it as gambling on our investment funds.

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Oilacris
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May 06, 2023, 11:58:30 PM
 #220

When a gambler has enough bankroll and keeps losing in the gambling, the chance of losing that bankroll is so high. It is not possible to say when a gambler becomes addicted. However, excessive losses and high winnings can lead to gambling addiction. A gambler must follow a routine. Though it is very difficult to maintain the rules. Because we often don't prioritize these things when we are gambling. when we lose in gambling we remember these things. But the main point is that we should take precautions before any accident happens.
Becoming addicted to gambling is only a matter of time. If he persists in gambling even though the chances of losing money remain high, he may become addicted to gambling shortly.

But if he realizes what he's doing in gambling has changed him, he needs to stop before his gambling addiction levels rise.

And as his gambling addiction grew, he could not stop himself from using his money to gamble and thinking only of gambling. Things only got worse when he couldn't stop himself from gambling and even trying to make money at all costs.

It is only a matter of time in most cases. Bank roll management does play an important part in gaming strategies, but most games are set up such that the odds area against you long-term anyway. When you play the lottery and win a jackpot of perhaps $100 million and a ticket cost you $2 and the chances to win the jackpot is like 1 in 200,000,000, you can play 50.000.000 times, lose the 100.000.000 and would still be way below an expected value that would put you into the green zone.

I know that I didn't take into account the smaller winnings, which would come on top. But usually the jackpot is exorbitantly higher in value that you get the point. That is the problem. Poker players can win a tournament, or they can win several tournaments, but even those with big names in the industry sometimes go broke. Because what do you do if on the one hand the odds should now be in your favor, but your losing streak is longer than what your expected value calculations suggested? You go broke or you cut losses and stop. Even if it is a game with a slightly positive expected value wouldn't even mean that you always end up with profits.
Important thing here is that, you should really know on when to take profit and call it a day and would really be starting on where you do before or something on your base bet and wouldnt really be

having that kind of behavior on which you do make some all-in type of gambling which those profits or winnings you do have earlier would really be just losing back on where it was taken.
This is a common concept or cycle on where gambler would definitely asking for more which its never been that a shocking thing anymore. If you cant bare up with the risks
then you could always opt no to play in the first place.

There are much or lots of things which you could entertain or enjoy yourself without needing to touch up gambling space.There are really just some people
who are really just that too impulsive when it comes to this manner.

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