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Author Topic: Gamblers understood the game  (Read 1515 times)
ethereumhunter
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May 26, 2023, 05:57:49 AM
 #101

But in fact, both have almost the same risk, so it will be difficult for you if those who invest in crypto suffer losses from a decrease in the price of the invested asset because surely they will also blame you.
If you really invite them to invest, it is better in the long term and after owning several assets, tell them to forget about the investment so that there is no panic when the price drops.

The risk of inviting someone to gamble is that if at one point something goes wrong, for example, they sell some valuable items to gamble, then automatically their family or the people around them will blame you because they are gambling with your invitation.
It is better to gamble or invest alone and hang out with people who are already gamblers or investors to learn more.
But by inviting them to invest in bitcoin, they still hope to make a profit even though the current price is below that. But if they play gambling, the risk of loss will be greater. If they lose, the loss will not be or is difficult to recover. And once they know the difference, I think they will choose the investment because they can make a profit.

Not everyone can have good self-control when gambling and that is a risk that must be faced by everyone who plays gambling. If we ask them to gamble, we run the risk of seeing them lose and we can also be blamed for asking them to gamble. We also definitely don't want to feel blamed, so we don't have to say anything about gambling in front of them.
As I said that for the long term investing is an option but usually beginners who are new to their crypto investments will experience panic if the Bitcoin price decreases and I believe they will instead sell their assets for fear of getting bigger losses and there is anxiety that the investment will fail.
Gambling only for those who dare to take risks and dare to lose some money because gambling is something that is more certain to lose than to win.

Yes, that's true and investing is also the same because if the price drops and they lose, then in the end you will also be blamed.
The best thing is never to invite new people to gamble or invest unless they really want it from the start, so you can help them by giving some advice or advice.
But gambling is also for everyone because, in reality, many people who can control themselves or are not able to control themselves still play gambling. And if there were people who could compare gambling with investing, they would prefer investing over gambling because the risk of loss is greater in gambling than in investing.

When deciding to invest, they must research to find the coin. But unfortunately, many beginners don't do that and instead wait for suggestions from others so this doesn't give them a chance to get the right coin. But instead, giving way to them leads to losses.

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May 26, 2023, 06:20:23 AM
 #102

I try not to give any financial advices to people to invest in any altcoins because if they face any loos they will start blaming on you that you have convinced them to invest so it's better just to guide them into the market if they are interested in doing so and rest they need to gave their time and efforts in doing research about everything so they made chocies on their behalf.But if you say about gambling then there are few friends who have joined me on some casinos playing different slots and starting was from some poker related games and now we play slots also.

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May 26, 2023, 08:08:42 AM
 #103

I try not to give any financial advices to people to invest in any altcoins because if they face any loos they will start blaming on you that you have convinced them to invest so it's better just to guide them into the market if they are interested in doing so and rest they need to gave their time and efforts in doing research about everything so they made chocies on their behalf.

That is why is very important to let people understand the risk in doing something and not just to entice them and get them persuaded to later regret meeting you on such, you can introduce someone to anything but let them know that it acceptance is on their own risk because you're also taking a risk being into, this is the only way we can do good ar received not evil reward from them, sometimes the fault is from our end, we are too forward or being overconfidenced.

But if you say about gambling then there are few friends who have joined me on some casinos playing different slots and starting was from some poker related games and now we play slots also.

Gambling has it own as well, this category is of two types, dealing with a novice and an experienced gambler, you can't expect the same result from the two of them, moreover if you think being together hurts, it's better to learn to remain dependent on your own without relying on anyone.
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May 26, 2023, 08:58:03 AM
 #104

How many times have you successfully invited some gamblers to online casino? What is your experience doing so?

In the past I've already made good money using affiliate links, advertising in different places of my favorite casinos.
But that's not exactly an indication and I think that's not the OP's focus.

Personally, I have never invited people I know, firstly because I don't like to expose myself to friends and relatives about my relationship with cryptos, it's something only my wife and son know.

Second, because gambling is extremely addictive and we know that few people know how to control the impulse to spend endlessly... I don't want to have the guilty conscience of knowing that I contributed to ruining the mental and financial health of someone I know.
It used to be easier to get random referrals in the past because platforms were not so popular back then and not a lot of people used to use online casino platforms you could easily find people who were not already a member of a casino by the time you invite them, but these days, almost every single person who has an interest in gambling is already gambling somewhere.

So it has become a bit difficult to get referrals, especially through social media or other such mediums where you could previously share your links and find people interested in the service or platforms and you could easily guide them through and get an active referral.

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May 26, 2023, 10:21:07 AM
 #105

How many times have you successfully invited some gamblers to online casino? What is your experience doing so? I know many will find this hard to believe but I kinda prefer bringing in gamblers than investors into crypto, why? They understood the risk already, there is no talk and talk over again, there is no dealing with someone fear and confidence..

I have successfully brought in four people into crypto gambling, and it was the easiest thing ever, they came asking if it's possible to use crypto for gambling and I said yes, but I told them that I am not ready to introduce any platform for anyone, but these guys then showed me there past gambles on a local website that only accept Fiat, that's when I got soft with them and I showed them the websites I use for gambling.

The thing is, they are small time winners and big time losers, I mean they lose more than winning, it's been two weeks and two of them tell me about their loss and gains, but they make it feel normal, to them it really is, not like the crypto investors today, always in hurry to double their money, some are even scared of investing in Bitcoin, which is the safest of them all.

Have you used affiliate or referral links in order to get a commission for inviting those four people into crypto casinos?
You probably missed the opportunity to earn some commissions, since the people you invited are active gamblers. Most crypto casino affiliate programs offer up to 40% commissions. Anyway, it's easy for a gambler to switch from a fiat online casino to a crypto casino. The gambling games are almost the same, the website design is not so different.
I agree that inviting gamblers is easier than giving financial advise and trying to convince some people to invest in a company or cryptocurrency. I would never try to convince people to invest their savings, because I don't want to be blamed, if something bad happens.

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May 26, 2023, 10:39:34 AM
 #106

I try not to give any financial advices to people to invest in any altcoins because if they face any loos they will start blaming on you that you have convinced them to invest so it's better just to guide them into the market if they are interested in doing so and rest they need to gave their time and efforts in doing research about everything so they made chocies on their behalf.But if you say about gambling then there are few friends who have joined me on some casinos playing different slots and starting was from some poker related games and now we play slots also.
Not only financial advice to invest in one of the coins but also in gambling so nothing happens to them because many don't want to research to understand how it works.
And not everyone can accept the losses they experience, especially if suggestions from other people cause the losses because they will surely regret having followed the advice of these other people.
Maybe it's okay if we share stories about casinos and the times we gamble with friends who also often play gambling, but we still have to control our words and not let our friends become curious and try it for themselves.
We also won't know if they can control themselves when gambling because many people lose self-control.

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May 26, 2023, 11:25:03 AM
 #107

Gambling can be really easy to learn as there's nothing complicated about it but it's important to know how risky it is. It's considered as easy money with really high risk since you don't need to think a lot about it when placing bets especially for games that based only on luck.

I wonder if the gamblers that you invited are winning much more with crypto based casino or it's the same thing as before?

How many times have you successfully invited some gamblers to online casino? What is your experience doing so?
In the past 2 years, I have introduced 2-3 people of my friends to an online casino and so far they have been making money and continue to place bets. I mean they are not consistently betting because they have no interest in all betting sides of it, but because they're into sports, they just do sport betting time to times especially in football.
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May 26, 2023, 12:11:24 PM
 #108

How many times have you successfully invited some gamblers to online casino? What is your experience doing so? I know many will find this hard to believe but I kinda prefer bringing in gamblers than investors into crypto, why? They understood the risk already, there is no talk and talk over again, there is no dealing with someone fear and confidence..


Undoubtedly, I also completely agree with your opinion on this matter. A gambler really rarely complains when they experience a loss. I see all of that, because there are some of my friends, who almost every week always make deposits into their gambling accounts. But they always look happy, even though the results they get are sometimes a loss, sometimes a return on investment or a big profit. This is what I admire about them. They rarely complain, in fact they always look happy every day. Maybe they can do that, because they already know the risks that must be faced from the start. Therefore they seem to have no burden. I've also recently been trying to gamble a lot, besides investing in crypto, I've also started trying to gamble. So I will mix the advantages of gambling and investing in crypto. Because what I can take from the advantage of gambling mentally, is calm when experiencing losses. And I will also use that mentality when investing and trading in the crypto market.

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May 26, 2023, 12:48:28 PM
 #109


The thing is, they are small time winners and big time losers, I mean they lose more than winning, it's been two weeks and two of them tell me about their loss and gains, but they make it feel normal, to them it really is, not like the crypto investors today, always in hurry to double their money, some are even scared of investing in Bitcoin, which is the safest of them all.

It's hilarious that you are comparing gamblers with investors because the intention is different from both individuals even though it comes down to making money at the end.

Crypto gambling doesn't guarantee money making over fiat gambling so the only reason for existing fiat gambler to choose crypto should be for convenience not money making while the only intention of investor is to get returns from their investment so they don't take chances with luck.


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May 26, 2023, 01:01:34 PM
 #110


The thing is, they are small time winners and big time losers, I mean they lose more than winning, it's been two weeks and two of them tell me about their loss and gains, but they make it feel normal, to them it really is, not like the crypto investors today, always in hurry to double their money, some are even scared of investing in Bitcoin, which is the safest of them all.

It's hilarious that you are comparing gamblers with investors because the intention is different from both individuals even though it comes down to making money at the end.

Crypto gambling doesn't guarantee money making over fiat gambling so the only reason for existing fiat gambler to choose crypto should be for convenience not money making while the only intention of investor is to get returns from their investment so they don't take chances with luck.


It's just a sound ideology to compare gambling with investing because both come with uncertain outcomes. The thing is if you want a profitable gambling and truly want to make money, you can apply the same system you use for investing. The risk management, your stop loss or how much you're willing to lose, target or when will you stop once you're profitable.

But if you just want to gamble for the sake of a hobby or having fun. Then you don't need to stress out having a system playing out. Just bet what makes the most sense for you. As long as you're not ruing your life because of gambling, you're doing good.

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May 26, 2023, 04:02:06 PM
 #111

How many times have you successfully invited some gamblers to online casino? What is your experience doing so? I know many will find this hard to believe but I kinda prefer bringing in gamblers than investors into crypto, why? They understood the risk already, there is no talk and talk over again, there is no dealing with someone fear and confidence..


Undoubtedly, I also completely agree with your opinion on this matter. A gambler really rarely complains when they experience a loss. I see all of that, because there are some of my friends, who almost every week always make deposits into their gambling accounts. But they always look happy, even though the results they get are sometimes a loss, sometimes a return on investment or a big profit. This is what I admire about them. They rarely complain, in fact they always look happy every day. Maybe they can do that, because they already know the risks that must be faced from the start. Therefore they seem to have no burden. I've also recently been trying to gamble a lot, besides investing in crypto, I've also started trying to gamble. So I will mix the advantages of gambling and investing in crypto. Because what I can take from the advantage of gambling mentally, is calm when experiencing losses. And I will also use that mentality when investing and trading in the crypto market.

Your buddies, their gambling losses, it's something! It's like staring at a stormy crypto market and saying, "I got this." These high-roller gamblers, they're cool cucumbers, and boy, we could take a page from their book for crypto dealing. But hold on, caution is king here. Gotta accept the hits, sure, and stay calm in the choppy waters of gambling or crypto. But here's the kicker: learn from your past stumbles and sharpen your game plan, again and again.

Crypto and casino games, unpredictable as a two-headed coin toss. It's more than just swallowing losses; it's about dissecting the beast that caused them. Get this, and you're ahead in the game, making smarter bets next time. Diversify that crypto pile like a savvy player spreading out chips on a roulette table. Dumping all your bucks in one crypto? Bad business, folks.

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Findingnemo
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May 26, 2023, 07:33:34 PM
 #112


The thing is, they are small time winners and big time losers, I mean they lose more than winning, it's been two weeks and two of them tell me about their loss and gains, but they make it feel normal, to them it really is, not like the crypto investors today, always in hurry to double their money, some are even scared of investing in Bitcoin, which is the safest of them all.

It's hilarious that you are comparing gamblers with investors because the intention is different from both individuals even though it comes down to making money at the end.

Crypto gambling doesn't guarantee money making over fiat gambling so the only reason for existing fiat gambler to choose crypto should be for convenience not money making while the only intention of investor is to get returns from their investment so they don't take chances with luck.


It's just a sound ideology to compare gambling with investing because both come with uncertain outcomes. The thing is if you want a profitable gambling and truly want to make money, you can apply the same system you use for investing. The risk management, your stop loss or how much you're willing to lose, target or when will you stop once you're profitable.

But if you just want to gamble for the sake of a hobby or having fun. Then you don't need to stress out having a system playing out. Just bet what makes the most sense for you. As long as you're not ruing your life because of gambling, you're doing good.
If someone thought that they can beat the houses with their strategies, plans, analysis and skills then it is wrong and people who thought in that way provided enough traces about uncertainty in gambling. Whereas investment is completely different and we can make the move or atleast we don't rely completely on our luck to make money which is opposite of gambling in my opinion.

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May 26, 2023, 08:06:11 PM
 #113

If someone thought that they can beat the houses with their strategies, plans, analysis and skills then it is wrong and people who thought in that way provided enough traces about uncertainty in gambling. Whereas investment is completely different and we can make the move or atleast we don't rely completely on our luck to make money which is opposite of gambling in my opinion.
Their strategies can be done and sometimes it will succeed at first but it will not always the same thing, I believe that there's no such thing that will completely be effective in gambling since it will differ in algorithm each time and I don't find any people who have done and succeeded continously with the same tips and strategy , if they still believe with this they will sure suffer loses.
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May 27, 2023, 05:18:40 AM
 #114

But gambling is also for everyone because, in reality, many people who can control themselves or are not able to control themselves still play gambling. And if there were people who could compare gambling with investing, they would prefer investing over gambling because the risk of loss is greater in gambling than in investing.

When deciding to invest, they must research to find the coin. But unfortunately, many beginners don't do that and instead wait for suggestions from others so this doesn't give them a chance to get the right coin. But instead, giving way to them leads to losses.
Unlike friends, those who have self-control gamble only for fun and have limits so they can minimize losses, while those who cannot control themselves still gamble because their goals and thoughts are gambling to get some money to profit from winning and this has made so many many gamblers have lost many things in their life because of gambling.
It all depends on the goal, if you want big profits in a time that cannot be determined, someone will definitely choose to invest, but gambling is the choice of someone who wants to make big profits in a short time, but with relatively small capital.

Invest or gamble if you only rely on other people's advice then they cannot develop and fail more often and this is a clear certainty so it is highly not recommended to follow what other people suggest.

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ethereumhunter
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May 27, 2023, 07:19:16 AM
 #115

Unlike friends, those who have self-control gamble only for fun and have limits so they can minimize losses, while those who cannot control themselves still gamble because their goals and thoughts are gambling to get some money to profit from winning and this has made so many many gamblers have lost many things in their life because of gambling.
It all depends on the goal, if you want big profits in a time that cannot be determined, someone will definitely choose to invest, but gambling is the choice of someone who wants to make big profits in a short time, but with relatively small capital.

Invest or gamble if you only rely on other people's advice then they cannot develop and fail more often and this is a clear certainty so it is highly not recommended to follow what other people suggest.
True, it all depends on the goal. But those who aim to make money from gambling should know that it won't be easy to get it because there must be defeat and we don't know how big our loss will be. And only good self-control can prevent big losses so they can still have fun and prevent gambling addiction.

And it's better not to rely on other people's advice because it won't work optimally for us. Maybe we can modify someone else's suggestion to find something to help us do what's better for u

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May 27, 2023, 05:49:10 PM
 #116

If someone thought that they can beat the houses with their strategies, plans, analysis and skills then it is wrong and people who thought in that way provided enough traces about uncertainty in gambling. Whereas investment is completely different and we can make the move or atleast we don't rely completely on our luck to make money which is opposite of gambling in my opinion.
Their strategies can be done and sometimes it will succeed at first but it will not always the same thing, I believe that there's no such thing that will completely be effective in gambling since it will differ in algorithm each time and I don't find any people who have done and succeeded continously with the same tips and strategy , if they still believe with this they will sure suffer loses.
Strategies in gambling are nothing more than myths, a gambling strategy is something that might have worked once or maybe twice or even thrice, but they don't guarantee that you will surely win all the time and you can lose even after applying a strategy that might be used by a lot of people because gambling is basically all about luck and only your luck can make you win.

If you are using a strategy, like Martingale, and you get success once or maybe twice, you should simply stop right there without starting to think that the strategy actually works you can always just recover whatever you've lost because a losing streak will hit you pretty hard very soon.
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May 27, 2023, 06:38:58 PM
 #117

Strategies in gambling are nothing more than myths,
...

Absolutely.
any potentially strategy is just prohibited by the casino (for example, taking advantage of their promotions to obtain advantages in the games while bettings).
every game, every play is always a new story. keeping in mind there is also the house edge. This explains why there are many casinos with huge profits compared to profitable players Roll Eyes

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May 27, 2023, 07:57:56 PM
 #118

How many times have you successfully invited some gamblers to online casino? What is your experience doing so? I know many will find this hard to believe but I kinda prefer bringing in gamblers than investors into crypto, why? They understood the risk already, there is no talk and talk over again, there is no dealing with someone fear and confidence..

I have successfully brought in four people into crypto gambling, and it was the easiest thing ever, they came asking if it's possible to use crypto for gambling and I said yes, but I told them that I am not ready to introduce any platform for anyone, but these guys then showed me there past gambles on a local website that only accept Fiat, that's when I got soft with them and I showed them the websites I use for gambling.

The thing is, they are small time winners and big time losers, I mean they lose more than winning, it's been two weeks and two of them tell me about their loss and gains, but they make it feel normal, to them it really is, not like the crypto investors today, always in hurry to double their money, some are even scared of investing in Bitcoin, which is the safest of them all.

Gambling and investing in bitcoin are both given as information for anyone to analyze before deciding which they would have wanted to do so. While some people think about the risk associated with gambling, even if they both carry some risk, I will still choose to invest in cryptocurrencies. And I am aware that other aspects of cryptocurrency trading are also comparable to gambling, such as futures trading, where the larger the risk, the greater the potential reward. Due to the risk of losing your investments, I would not advise anyone to trade futures. These days, it is usually better to let the person make their own decisions before you are blamed for their loss. We have seen numerous instances of people hating on those who encouraged them to gamble, therefore the best course of action is to let them make their own decisions.

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Mahanton
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May 27, 2023, 08:05:15 PM
 #119

If someone thought that they can beat the houses with their strategies, plans, analysis and skills then it is wrong and people who thought in that way provided enough traces about uncertainty in gambling. Whereas investment is completely different and we can make the move or atleast we don't rely completely on our luck to make money which is opposite of gambling in my opinion.
Their strategies can be done and sometimes it will succeed at first but it will not always the same thing, I believe that there's no such thing that will completely be effective in gambling since it will differ in algorithm each time and I don't find any people who have done and succeeded continously with the same tips and strategy , if they still believe with this they will sure suffer loses.
When we do speak about strategies the we do know that there's no strategies that would work and this is something which is really be that's usual when it comes to this aspect.We know that there's really moments on which you would really be explaining up something into other people whether it would really be your friends or something.Its true that it is really that something that easy to explain into someone who does have that actual knowledge than to those who do have none.one should realize that it's not really that something which it would be important that you should really able to realized on what are the things that should really be done when dealing up with gambling.We do know that it isn't something that important to win because gambling is for the sake of entertainment and it isn't something that you should really be making yourself that too desperate on making up some wins because dealing up with gambling isn't
Really something like this.

R


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May 28, 2023, 05:38:24 AM
 #120

Unlike friends, those who have self-control gamble only for fun and have limits so they can minimize losses, while those who cannot control themselves still gamble because their goals and thoughts are gambling to get some money to profit from winning and this has made so many many gamblers have lost many things in their life because of gambling.
It all depends on the goal, if you want big profits in a time that cannot be determined, someone will definitely choose to invest, but gambling is the choice of someone who wants to make big profits in a short time, but with relatively small capital.

Invest or gamble if you only rely on other people's advice then they cannot develop and fail more often and this is a clear certainty so it is highly not recommended to follow what other people suggest.
True, it all depends on the goal. But those who aim to make money from gambling should know that it won't be easy to get it because there must be defeat and we don't know how big our loss will be. And only good self-control can prevent big losses so they can still have fun and prevent gambling addiction.

And it's better not to rely on other people's advice because it won't work optimally for us. Maybe we can modify someone else's suggestion to find something to help us do what's better for u
In gambling, defeat is a sure thing and cannot be avoided, how big the loss depends on how much we complain about money to gamble so that with self-control and finances the gambler can minimize the number of losses that can be obtained.
The biggest mistake of gamblers is chasing victory, I'm sure they are aware that every game or bet cannot be won easily, but because the desire and lust to win is too high, they forget about the risks.

If the advice to be more careful or other positive suggestions might be useful, but if the advice is for gambling or predictions then believe me you will get a barrage of destruction.

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