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Author Topic: Motivating gambling addicts to invest in bitcoins.  (Read 570 times)
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July 13, 2023, 04:05:00 AM
 #101

Nowadays many people in our country are addicted to gambling. I have seen many people losing their huge amount in most of the gambling games. If all those people can be informed about bitcoin, how to earn money in bitcoin? I think they would have invested in Bitcoin and they could have made money from it.Besides, if they can discuss about Bitcointalk in detail, then I think they will learn about Bitcointalk besides investing in Bitcoin. In this, the person addicted to gambling could stay away from gambling besides earning money.

They might end up losing their Bitcoin by gambling again! The first thing to do is make sure they are not addicted anymore. If someone is addicted to gambling, I believe they don't have patience. They always want to make a profit no matter how tough it is. If you ask them to invest in Bitcoin and say that Bitcoin will generate profit for them in the long run, I doubt they will be able to hold it for a long time.

They will end up putting their Bitcoin on bitcoin doubler websites and getting scammed. Moreover, almost all online casinos support bitcoin deposits these days; they will also end up gambling on it. The only solution could be depositing their Bitcoin in a time-locked wallet for a long time, and they may make some profit in the future.

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July 13, 2023, 04:27:02 AM
 #102

Nowadays many people in our country are addicted to gambling. I have seen many people losing their huge amount in most of the gambling games. If all those people can be informed about bitcoin, how to earn money in bitcoin? I think they would have invested in Bitcoin and they could have made money from it.Besides, if they can discuss about Bitcointalk in detail, then I think they will learn about Bitcointalk besides investing in Bitcoin. In this, the person addicted to gambling could stay away from gambling besides earning money.

They might end up losing their Bitcoin by gambling again! The first thing to do is make sure they are not addicted anymore. If someone is addicted to gambling, I believe they don't have patience. They always want to make a profit no matter how tough it is. If you ask them to invest in Bitcoin and say that Bitcoin will generate profit for them in the long run, I doubt they will be able to hold it for a long time.

They will end up putting their Bitcoin on bitcoin doubler websites and getting scammed. Moreover, almost all online casinos support bitcoin deposits these days; they will also end up gambling on it. The only solution could be depositing their Bitcoin in a time-locked wallet for a long time, and they may make some profit in the future.

That's very true a gambler will have more options to fulfil his/her addiction if they have invested money into Bitcoin because these days almost every online casino accepts cryptocurrency payments, and especially payments made with Bitcoin. Those casinos also offer huge deposit bonus for the users who deposit via Bitcoin and such addicts could end up spending their Bitcoin of such casino sites.

They will lose the money no matter even if the have first invested into purchasing Bitcoin because their addiction wont let them to earn revenue from their investment. However, if those people who are addicts of gambling treat their addiction first and then invest the money on Bitcoin then they will earn quite good returns in long term.

It's still a better choice to go with Bitcoin investment if a gambler knows that he/she wont touch that investment until they gain good returns from their initial investment. In that case their investment would grant them good returns if they hold it without touching it for a long time. The better option for those gamblers should be to invest in Bitcoin and hold those Bitcoin in a cold wallet, and that way they might be able to earn the profits and somehow give up on the gambling addiction.

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July 13, 2023, 09:26:07 AM
 #103

I don't believe your story.

When someone turn become a gambling addict, he will not able to control themselves especially about financial. How can a gambling addict invest in Bitcoin when they're keep gambling every single cent they have?

Actually the reality is opposite, some of Bitcoin investors turn become a gambling addict because they're want to make money in instant way.

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July 13, 2023, 10:04:58 PM
 #104

Nowadays many people in our country are addicted to gambling. I have seen many people losing their huge amount in most of the gambling games. If all those people can be informed about bitcoin, how to earn money in bitcoin? I think they would have invested in Bitcoin and they could have made money from it.Besides, if they can discuss about Bitcointalk in detail, then I think they will learn about Bitcointalk besides investing in Bitcoin. In this, the person addicted to gambling could stay away from gambling besides earning money.

One thing to remember, I'm not criticizing gambling. I'm just sharing my opinion. thank you
Yes, the people from your country who happen to be gambling may be invested in Bitcoin if they are informed about it but that doesn't mean they will quit gambling because the hardest thing to control is the gambling buzz and only gamblers that are mature enough to understand that concept of gambling is never to make money but to try the chance of making money or else they will be more addicted to gambling because crypto gambling is easier than physical gambling.

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July 14, 2023, 12:40:55 AM
 #105

Nowadays many people in our country are addicted to gambling. I have seen many people losing their huge amount in most of the gambling games. If all those people can be informed about bitcoin, how to earn money in bitcoin? I think they would have invested in Bitcoin and they could have made money from it.Besides, if they can discuss about Bitcointalk in detail, then I think they will learn about Bitcointalk besides investing in Bitcoin. In this, the person addicted to gambling could stay away from gambling besides earning money.

One thing to remember, I'm not criticizing gambling. I'm just sharing my opinion. thank you
You don't start earning money (you should say profit) when you start investing in bitcoin. You need to be holding for long term to make any good profit. Gambling and investing is a totally different thing. Invest won't help a gambling addict. In fact it will harm them more. Imagine a gambling addict invested in bitcoin and wants to hold long term. He invests, the price drops and then his urge of gambling kicks in. He would be selling his coins in loss to feed his gambling addiction.

They should be talking to a professional and get their help before making any kind of investment. You must have a sane and healthy mind before you start any kind of investment or make any financial decisions.

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July 14, 2023, 02:05:18 AM
 #106

Nowadays many people in our country are addicted to gambling. I have seen many people losing their huge amount in most of the gambling games. If all those people can be informed about bitcoin, how to earn money in bitcoin? I think they would have invested in Bitcoin and they could have made money from it.Besides, if they can discuss about Bitcointalk in detail, then I think they will learn about Bitcointalk besides investing in Bitcoin. In this, the person addicted to gambling could stay away from gambling besides earning money.

One thing to remember, I'm not criticizing gambling. I'm just sharing my opinion. thank you
You don't start earning money (you should say profit) when you start investing in bitcoin. You need to be holding for long term to make any good profit. Gambling and investing is a totally different thing. Invest won't help a gambling addict. In fact it will harm them more. Imagine a gambling addict invested in bitcoin and wants to hold long term. He invests, the price drops and then his urge of gambling kicks in. He would be selling his coins in loss to feed his gambling addiction.

They should be talking to a professional and get their help before making any kind of investment. You must have a sane and healthy mind before you start any kind of investment or make any financial decisions.
what a gambling addict needs to be concerned with is whether he or she can remain silent in the long run, I think that's hard to do. we know to invest holding in the long term, whereas a gambler usually wants results in a short and fast time. but if you can get rid of the addiction it might be best to switch it from gambling to investing. but for them maybe learning to trade would be more suitable, as long as they want to learn to gain experience so they don't trade like gambling
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July 14, 2023, 07:41:36 AM
 #107

Gambling is adventurous for many out there, they like exposing themselves to risk and such people always have the upper hand over every others, do you know that some prefers to be trader, gambler, and investor at the same time? So telling them to leave gambling for Bitcoin investment is half wrong, you should have ask them what they are into before motivating them to invest in Bitcoin, if they are investors how will you know? Maybe you know that they are into gambling, what other things do you know about them? Not all gamblers are useless, some of them are quite smarter.

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July 14, 2023, 08:39:12 AM
 #108

Gambling is adventurous for many out there, they like exposing themselves to risk and such people always have the upper hand over every others, do you know that some prefers to be trader, gambler, and investor at the same time? So telling them to leave gambling for Bitcoin investment is half wrong, you should have ask them what they are into before motivating them to invest in Bitcoin, if they are investors how will you know? Maybe you know that they are into gambling, what other things do you know about them? Not all gamblers are useless, some of them are quite smarter.

I understand what you are saying, and I also have a friend like that, he is quite successful in business and loves to gamble. But gambling with him is playing for fun and entertainment, and he always knows to stop at the right time to not affect work and life. But as I understand it, OP is referring to people who are addicted to gambling, and they spend all their money on gambling. OP's idea is good, but applying that is not possible because bitcoin is not like gambling, and it cannot be profitable as fast as gambling. Meanwhile, gamblers want to make quick money, so giving investment advice to gamblers won't work, they will immediately refuse.

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