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Author Topic: I am only trying to stay safe by gambling less  (Read 2888 times)
Wakate
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July 12, 2023, 07:23:46 PM
 #421

~snip~
You cant really say that sports betting cant really be able to create those addicted gamblers on which there are still who are addicted bettors too, it is really just that the result or outcome of getting wrecked isnt really that
on fast pacing unlike when you do play on a casino or fast pace kind or type of games on which you would be definitely be finding yourself that losing money on a very fast manner. Doesnt matter whether you are getting involved with sports or casinos which risks is always there. Gambling is for entertainment and if you do know on what you are doing and you are really setting out those limitation or moderation on how you would be spending things up then you are really just that fine or you would be considering yourself to be just fine. Speaking about investment and other similar ventures then it would really be according into you because
not all would really be that mindful in regard into this matter.
Indeed, the pace at which wins and losses occur varies between gambling forms. However, it's not necessarily the speed of the loss that fuels addiction. Persistent, slow losses can create a false illusion of mastery, enticing individuals into the mire of problem gambling. Indeed, gambling is seen as entertainment – the optimal circumstance. Yet, the line separating joy and dependency is delicate and often blurred, particularly without self-regulatory checks. On comparing gambling to investing, one must grasp their essential distinctions. Investment entails calculated risks, backed by market study and financial foresights. In contrast, gambling depends primarily on chance, where the house always holds an advantage
Gambling less is one of the ways we can ensure that we stay safe as a gambler since frequent gambling can make us to become an addictive gambler. Loses is one of the often things we do see in gambling and we should not be discouraged and decided to go into gambling fully with the urge of making more money from it if we become a full term gambler. Once we defined the reason why we are going into gambling, that will make us to sharpen our objectives and help us to achieve our object with time not trying very hard to be a successful or profitable gambler by all means with little understanding.

.
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Pamadar
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July 12, 2023, 08:47:26 PM
 #422

~snip~
You cant really say that sports betting cant really be able to create those addicted gamblers on which there are still who are addicted bettors too, it is really just that the result or outcome of getting wrecked isnt really that
on fast pacing unlike when you do play on a casino or fast pace kind or type of games on which you would be definitely be finding yourself that losing money on a very fast manner. Doesnt matter whether you are getting involved with sports or casinos which risks is always there. Gambling is for entertainment and if you do know on what you are doing and you are really setting out those limitation or moderation on how you would be spending things up then you are really just that fine or you would be considering yourself to be just fine. Speaking about investment and other similar ventures then it would really be according into you because
not all would really be that mindful in regard into this matter.
Indeed, the pace at which wins and losses occur varies between gambling forms. However, it's not necessarily the speed of the loss that fuels addiction. Persistent, slow losses can create a false illusion of mastery, enticing individuals into the mire of problem gambling. Indeed, gambling is seen as entertainment – the optimal circumstance. Yet, the line separating joy and dependency is delicate and often blurred, particularly without self-regulatory checks. On comparing gambling to investing, one must grasp their essential distinctions. Investment entails calculated risks, backed by market study and financial foresights. In contrast, gambling depends primarily on chance, where the house always holds an advantage
Gambling less is one of the ways we can ensure that we stay safe as a gambler since frequent gambling can make us to become an addictive gambler. Loses is one of the often things we do see in gambling and we should not be discouraged and decided to go into gambling fully with the urge of making more money from it if we become a full term gambler. Once we defined the reason why we are going into gambling, that will make us to sharpen our objectives and help us to achieve our object with time not trying very hard to be a successful or profitable gambler by all means with little understanding.

Fewer gambling means that the chance of losing a huge amount of money can be controlled.

If you have the objectives of finding some entertainment and relaxations, you will be able to achieve it with fewer gambling
participations, but if you are into a deeper side of gambling where the intention is to make money from this venue, the
risk is really high, and you needed to plan your money as the chance of losing more is something that you really can't avoid.
suzanne5223
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July 13, 2023, 03:02:31 AM
 #423

Well, that is what they make us believe, but as I have said in many cases, when we operate with Bitcoin, what is the need for government regulators to know who does it, how they do it and why they do it, for later demand a very large tax and they continue to benefit, so it doesn't seem like that to me,
I understand your point but there's no way the government will know about the sender and recipient of all cryptocurrency even after the regulation is signed but the tax range will be determined base on geographical location and there's no way the government won't benefit if we want Bitcoin to be used as the mainstream of payment.

Satoshi created bitcoin to obtain financial freedom, not so that we are under the same yoke all the time, yes, I know that through the casinos they can have access to the players, through the Excahnges they can have access to the best and biggest whales, but why in the end extract something from it.
Yes, but even if Satoshi could provide an explanation about this he will agree to the regulation because it's something we should expect after the success of the crypto market, and the market regulation doesn't mean we're totally under the same yoke the market can not be totally regulated.


tusandii
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July 13, 2023, 05:55:21 AM
 #424

Well, that is what they make us believe, but as I have said in many cases, when we operate with Bitcoin, what is the need for government regulators to know who does it, how they do it and why they do it, for later demand a very large tax and they continue to benefit, so it doesn't seem like that to me,
I understand your point but there's no way the government will know about the sender and recipient of all cryptocurrency even after the regulation is signed but the tax range will be determined base on geographical location and there's no way the government won't benefit if we want Bitcoin to be used as the mainstream of payment.
The government cannot know or track every cryptocurrency transaction, but the government can find out the incoming and outgoing money that you have when circulating through a bank account and from this it is possible that the government can apply taxes on what you already have, like in my country there is a tax that requested when there is a transaction or deposit of large amounts of money in a bank account.

Back to the topic that when the government gives permission to use Bitcoin or cryptocurrency, the number of gamblers who play at crypto-based casinos will also increase because they have been given easier access to using crypto so that it will be increasingly difficult for everyone who wants to stop or reduce gambling.

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ethereumhunter
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July 13, 2023, 11:17:39 AM
 #425

Fewer gambling means that the chance of losing a huge amount of money can be controlled.

If you have the objectives of finding some entertainment and relaxations, you will be able to achieve it with fewer gambling
participations, but if you are into a deeper side of gambling where the intention is to make money from this venue, the
risk is really high, and you needed to plan your money as the chance of losing more is something that you really can't avoid.
That's the goal we have to achieve not to lose large amounts of money. But usually, many gamblers lose their temper so they don't remember previous losses and instead use more money to gamble. Enjoying gambling is fine as long as they can determine how much money they can spend so that will be a limit that can keep them from losing big. As gamblers, we must avoid the risk to enjoy our time playing gambling and have fun.

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Doan9269
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July 13, 2023, 11:38:17 AM
 #426

Well, that is what they make us believe, but as I have said in many cases, when we operate with Bitcoin, what is the need for government regulators to know who does it, how they do it and why they do it, for later demand a very large tax and they continue to benefit, so it doesn't seem like that to me,
I understand your point but there's no way the government will know about the sender and recipient of all cryptocurrency even after the regulation is signed but the tax range will be determined base on geographical location and there's no way the government won't benefit if we want Bitcoin to be used as the mainstream of payment.

Satoshi created bitcoin to obtain financial freedom, not so that we are under the same yoke all the time, yes, I know that through the casinos they can have access to the players, through the Excahnges they can have access to the best and biggest whales, but why in the end extract something from it.
Yes, but even if Satoshi could provide an explanation about this he will agree to the regulation because it's something we should expect after the success of the crypto market, and the market regulation doesn't mean we're totally under the same yoke the market can not be totally regulated.

While Satoshi has acted his own path by the creation of bitcoin which is a decentralized digital currency, it is left for us to decide through which means do we want to make use of this currency such a way that we will be safe and secured, if you think that yours is to have a privacy plan as your priority them make use of bitcoin for your crypto gambling and send them from a decentralized wallet to the casino wallet, also make use of a casino that does not require KYC protocols or requirements for creating an account with them, with this alone you can be far better stayed stafe.

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July 13, 2023, 11:49:07 AM
 #427

Advice for everyone, imho the only way to stay safe from gambling is to let someone else manage your finances. As long as you have access to money, nothing works, not a single tactics and abstinence, banning web pages, setting limits, nothing. If you have money and try to play less, your wish to gambler will only grow. No money = no gambling problem.

As to OP post, investing can be also counted as gambling, as you are still trying your luck to improve financial position, yet on the other hand investing is not about emotions like gambling. There is yes and no answer to OP situation, both you and your friends are right.

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July 13, 2023, 12:28:45 PM
Last edit: July 13, 2023, 03:32:10 PM by Josefjix
 #428

Fewer gambling means that the chance of losing a huge amount of money can be controlled.

If you have the objectives of finding some entertainment and relaxations, you will be able to achieve it with fewer gambling
participations, but if you are into a deeper side of gambling where the intention is to make money from this venue, the
risk is really high, and you needed to plan your money as the chance of losing more is something that you really can't avoid.
We engage in recreational activities, but it does not guarantee our passage to safe less; rather, we are groomed to gambling; what matters is how long we can hold on, but at some point, we will gamble. Losses occur on a daily basis; it only takes the intervention of critical discipline to permanently quit gambling. It drains our blood every time we gamble; gambling less will only save us some specific losses, but this will continue for a long time; however, permanent stopping will clear out all losses or desire to gamble, but the path is not an easy one.

R


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July 13, 2023, 12:40:54 PM
 #429

Advice for everyone, imho the only way to stay safe from gambling is to let someone else manage your finances. As long as you have access to money, nothing works, not a single tactics and abstinence, banning web pages, setting limits, nothing. If you have money and try to play less, your wish to gambler will only grow. No money = no gambling problem.

As to OP post, investing can be also counted as gambling, as you are still trying your luck to improve financial position, yet on the other hand investing is not about emotions like gambling. There is yes and no answer to OP situation, both you and your friends are right.
Luckily I entrusted my wife to manage my finances because I am not very good at managing finances so it is easy to waste money on gambling, it is true that we need to entrust someone to manage finances to stay safe because then we will not be affected by situations such as emotions gambling and others that harm ourselves in the end.

I agree with that that gambling and trading are not much different because you are betting for a result that we predict in the future, in fact the difference is in the risks, for example gambling when you lose then you will lose all your money and while investing in crypto the risk is you don't will lose the crypto you have only lose its value. that is the difference between gambling and investing in crypto.

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July 13, 2023, 01:27:43 PM
 #430

Advice for everyone, imho the only way to stay safe from gambling is to let someone else manage your finances. As long as you have access to money, nothing works, not a single tactics and abstinence, banning web pages, setting limits, nothing. If you have money and try to play less, your wish to gambler will only grow. No money = no gambling problem.

As to OP post, investing can be also counted as gambling, as you are still trying your luck to improve financial position, yet on the other hand investing is not about emotions like gambling. There is yes and no answer to OP situation, both you and your friends are right.
 

Has far as the person is grown I don't see the reason that the person can not discipline himself or herself instead of going to the extent of allowing another person to manage your finance, it's very hard to trust someone in relation to money anyone can be tempted but the only thing I can say is that there should be a limit to whatever, combined with when it comes gambling, going above the limit can cause serious damages to your finance, investing is different from gambling, even if the chance is still 50/50 I would still not count investing to be the same with gambling and one thing with gambling once you get addicted then that's were the problem starts from. you start putting too much expectation.

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July 13, 2023, 01:28:16 PM
 #431

Luckily I entrusted my wife to manage my finances because I am not very good at managing finances so it is easy to waste money on gambling, it is true that we need to entrust someone to manage finances to stay safe because then we will not be affected by situations such as emotions gambling and others that harm ourselves in the end.
You need to make sure if your wife is someone that can be trusted and will never do harm to you until the end of her life. If you ask your wife to manage all of your money, you need to accept the worst case if your wife might lie to you and use all of your money. Personally I choose to manage my money than entrust to my wife, there's no one in this world can be trusted except our self.

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July 13, 2023, 01:43:50 PM
 #432

Advice for everyone, imho the only way to stay safe from gambling is to let someone else manage your finances. As long as you have access to money, nothing works, not a single tactics and abstinence, banning web pages, setting limits, nothing. If you have money and try to play less, your wish to gambler will only grow. No money = no gambling problem.

As to OP post, investing can be also counted as gambling, as you are still trying your luck to improve financial position, yet on the other hand investing is not about emotions like gambling. There is yes and no answer to OP situation, both you and your friends are right.
Luckily I entrusted my wife to manage my finances because I am not very good at managing finances so it is easy to waste money on gambling, it is true that we need to entrust someone to manage finances to stay safe because then we will not be affected by situations such as emotions gambling and others that harm ourselves in the end.

I agree with that that gambling and trading are not much different because you are betting for a result that we predict in the future, in fact the difference is in the risks, for example gambling when you lose then you will lose all your money and while investing in crypto the risk is you don't will lose the crypto you have only lose its value. that is the difference between gambling and investing in crypto.

If we have our own family then Our partner in life is the only person we can trust and we can intust our money to them and yes you are right that mate sometimes we are not good in budgeting so it's better to intrust our money to our partner in order to prevent such loss and we gamble using our extra money , and also w must have the mindset that we gamble for fun and not for our daily income.
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July 13, 2023, 02:21:48 PM
 #433

Fewer gambling means that the chance of losing a huge amount of money can be controlled.

If you have the objectives of finding some entertainment and relaxations, you will be able to achieve it with fewer gambling
participations, but if you are into a deeper side of gambling where the intention is to make money from this venue, the
risk is really high, and you needed to plan your money as the chance of losing more is something that you really can't avoid.
. We engage in recreational activities, but it does not guarantee our passage to safe less; rather, we are groomed to gambling; what matters is how long we can hold on, but at some point, we will gamble. Losses occur on a daily basis; it only takes the intervention of critical discipline to permanently quit gambling. It drains our blood every time we gamble; gambling less will only save us some specific losses, but this will continue for a long time; however, permanent stopping will clear out all losses or desire to gamble, but the path is not an easy one.
I agree if you gamble less there is less risk and no fear of losing money. Play as a recreation means earning money is not a job, it is just play and fun and relaxation. In other words come to play for any trader, doing the same business for years can lead to boredom, but in a casino environment he can taste the novelty of different games day after day. Here you don't have to fall into anything permanently and it becomes possible to control yourself.
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July 13, 2023, 04:17:17 PM
 #434

It's not how often that you gambles makes you remain safe in it, it's how serious and committed you're in doing other things while gambling and none is being affected, this also talks about being able to multitask, we know that not everyone can have upto this ability as expected but we can all try our best by adopting a safety measures, cautions and guides while gambling to help monitors the extent to the rate which we can go in gambling
Actually the OP had a point. It seems inappropriate to call someone an addicted gambler if they only play rarely and if you noticed, all addicted person have similarities. That is they are overdoing the thing that they got addicted to and the main remedy to their condition is to engage less on that activity or to not do that activity for a while, until they are fully healed. It will still take a commitment because it's not easy going out of an addiction.

What you are saying there is still possible. We can use auto bet to do other things and this can also prevent us from liking the game too much because we are not focusing on it but I doubt if many people are doing it. Playing passively is less fun you know.

I consider a person addicted to gambling if all the time they are looking for a way to play anyway under any pretext, they don't care if they spend a lot of money, some don't mind losing everything as long as they keep playing and playing, in that I consider myself a addicted person, in addition to some special characteristics of people, then sometimes they do not accept that they have a problem and that is something more complicated.

Casinos usually present their ways of entertaining and having a good time for people so that they can do their things under the time required to play, if a person does not play enough they will feel the need to continue playing and if we add to that the person has been losing his money, the player is going to get into controversy, less time and losing money, because he must recover, and that is when everything goes wrong and the big problems start, that is when it should be avoided.

For this reason, when you are going to start in a casino to play whatever it is or to make sports bets, you should consider that you should not spend the money you have for the usual commitments, nor should you make loans to gamble because the most It is sure that this money is lost playing, you have to avoid 100% of making movements given by impulses or adrenaline, because it becomes a loss of money, you rarely win when you play on impulse, the truth is that I do not recommend it, and I do. better and smarter to have an expense management plan.

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July 13, 2023, 04:23:47 PM
 #435

Well, that is what they make us believe, but as I have said in many cases, when we operate with Bitcoin, what is the need for government regulators to know who does it, how they do it and why they do it, for later demand a very large tax and they continue to benefit, so it doesn't seem like that to me,
I understand your point but there's no way the government will know about the sender and recipient of all cryptocurrency even after the regulation is signed but the tax range will be determined base on geographical location and there's no way the government won't benefit if we want Bitcoin to be used as the mainstream of payment.
The government cannot know or track every cryptocurrency transaction, but the government can find out the incoming and outgoing money that you have when circulating through a bank account and from this it is possible that the government can apply taxes on what you already have, like in my country there is a tax that requested when there is a transaction or deposit of large amounts of money in a bank account.

Back to the topic that when the government gives permission to use Bitcoin or cryptocurrency, the number of gamblers who play at crypto-based casinos will also increase because they have been given easier access to using crypto so that it will be increasingly difficult for everyone who wants to stop or reduce gambling.
Yes, but it is still impossible for them to tax every cryptocurrency fiat payment if it's an OTC or P2P form of crypto trading that doesn't involve huge funds.
 
If I understand you, the incoming bank transfer doesn't have to do with crypto, or a loan once it involved huge funds your government applies for it.

Apart from the gambling industry experiencing a huge number of users, the opportunity that crypto will generate is many if the government supported it.

I understand your point but there's no way the government will know about the sender and recipient of all cryptocurrency even after the regulation is signed but the tax range will be determined base on geographical location and there's no way the government won't benefit if we want Bitcoin to be used as the mainstream of payment.
While Satoshi has acted his own path by the creation of bitcoin which is a decentralized digital currency, it is left for us to decide through which means do we want to make use of this currency such a way that we will be safe and secured, if you think that yours is to have a privacy plan as your priority them make use of bitcoin for your crypto gambling and send them from a decentralized wallet to the casino wallet, also make use of a casino that does not require KYC protocols or requirements for creating an account with them, with this alone you can be far better stayed stafe.
I believe BTC will forever be a decentralized digital currency for it to maintain its legacy and reputation because it achieves its reputation because the government cannot intervene in it. If it seizes from being a decentralized coin it will lose its reputation.
About privacy, that's the exact thing I always do and the no-KYC exchange I always use for anonymous crypto trading is the Crypton Exchange.

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July 14, 2023, 04:40:44 AM
 #436

~snip~
I consider a person addicted to gambling if all the time they are looking for a way to play anyway under any pretext, they don't care if they spend a lot of money, some don't mind losing everything as long as they keep playing and playing, in that I consider myself a addicted person, in addition to some special characteristics of people, then sometimes they do not accept that they have a problem and that is something more complicated.

Casinos usually present their ways of entertaining and having a good time for people so that they can do their things under the time required to play, if a person does not play enough they will feel the need to continue playing and if we add to that the person has been losing his money, the player is going to get into controversy, less time and losing money, because he must recover, and that is when everything goes wrong and the big problems start, that is when it should be avoided.

For this reason, when you are going to start in a casino to play whatever it is or to make sports bets, you should consider that you should not spend the money you have for the usual commitments, nor should you make loans to gamble because the most It is sure that this money is lost playing, you have to avoid 100% of making movements given by impulses or adrenaline, because it becomes a loss of money, you rarely win when you play on impulse, the truth is that I do not recommend it, and I do. better and smarter to have an expense management plan.


An addiction is actually anything that is causing problems in your life by some repeated behavior, in this case, gambling.

Some people might gamble all the time, but keep it under control, and see it as some games that they pay for entertainment.

That's different to someone that just puts all their money there, and waits until their next pay to put it all there again.

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July 14, 2023, 04:55:17 AM
 #437

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.
Mate you don't need to always prove yourself that you are right, but if your friends still insist let them have a $50 today and gamble it while you use your $50 to buy bitcoin and sell who will have it after a week!! After this experiment,  we shall conclude which of the two will be considered gambling.
 
Still, I refuse this because I believe they are wrong, Bitcoin market has charts and I am playing with charts even if I am a full-time Bitcoin trader, all I need to do is read charts, and if I am good at it I will win vs gambling, where it's you vs a company which we can never tell if their games are completely fair or not.
Wrong comparison here, I have seen people trade charts by looking at how candles are forming and for every green candle the buy and for every red candle they sell and you can guess the outcome from this was a total loss and this is what will be considered as gambling!

Furthermore, I told them that Bitcoin investors tend to get positive results, while online casino gamblers tend to get negative results more than positive result, true or false?
Honestly you selling dreams when you make it sound  this way, bitcoin investments aren't a one way street to profits.


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July 14, 2023, 05:59:24 AM
 #438

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.


Are you going to allow your friends confuse you on what you don't desire to do? You are already convinced that bitcoin investment and gambling is not the same thing but your friends are insisting they are, friend you don't need to prove anything to them. Addict gamblers are like that, they are use to arguing that way because you are not doing same thing they are doing and they want to generalize every thing together. But you know the difference by your self, why don't you keep to it and if you want to gamble by yourself you can instead of allowing them to persuade you.
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July 14, 2023, 10:01:25 AM
 #439

Advice for everyone, imho the only way to stay safe from gambling is to let someone else manage your finances. As long as you have access to money, nothing works, not a single tactics and abstinence, banning web pages, setting limits, nothing. If you have money and try to play less, your wish to gambler will only grow. No money = no gambling problem.

As to OP post, investing can be also counted as gambling, as you are still trying your luck to improve financial position, yet on the other hand investing is not about emotions like gambling. There is yes and no answer to OP situation, both you and your friends are right.
 

Has far as the person is grown I don't see the reason that the person can not discipline himself or herself instead of going to the extent of allowing another person to manage your finance, it's very hard to trust someone in relation to money anyone can be tempted but the only thing I can say is that there should be a limit to whatever, combined with when it comes gambling, going above the limit can cause serious damages to your finance, investing is different from gambling, even if the chance is still 50/50 I would still not count investing to be the same with gambling and one thing with gambling once you get addicted then that's were the problem starts from. you start putting too much expectation.

In reality, the more grown up person is, the more he is exposed to get addicted by gambling. Young people havent seen much in their life, they have more temptation to do this and that. Aged people, imho prefer not to try something new or chance something in their life. So it is easier for them to get into routine for doing something over and over again. One of the things they do is gambling. And of course there is a chance that they have earned more than younger people, which makes they might lose more. That is why I think that for grown ups are harder to resist gambling and if they did not build a proper disciplined character from childhood, it is hard for them to discipline themselves.

Regards finding someone to trust your finances - that is also some kind of a gambling Cheesy Why I think that trusting finances is the key to stay safe and less gamble - when two persons manage finances, the probability of making wrong decision, loosing everything is decreased. Not two times. But next time you want to go all-in or spend lots of money, first you have to convince yourself for such expense (might not be hard), but also convince the other person to give you money Cheesy

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July 16, 2023, 05:52:26 AM
 #440

~snip~
Are you going to allow your friends confuse you on what you don't desire to do? You are already convinced that bitcoin investment and gambling is not the same thing but your friends are insisting they are, friend you don't need to prove anything to them. Addict gamblers are like that, they are use to arguing that way because you are not doing same thing they are doing and they want to generalize every thing together. But you know the difference by your self, why don't you keep to it and if you want to gamble by yourself you can instead of allowing them to persuade you.

Yeah, absolutely.

Gambling is not investing.

The thing is that a lot of people just want a quick fix, get rich overnight, etc, and that's basically gambling. With investing you will probably get more money in the end because there's something being created, whereas with gambling, it's just entertainment provided by the casino.

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