Investing in Bitcoin will bring you hope and gambling will leave you destitute.

[cryptoWODL]

Losing a huge amount of money and ended up with huge debt as well are the worst. We often realize our mistakes after we lose our money and it's sad that we have to experienced such before learning something. If only the money is use to invest in Bitcoin (or in other opportunities) the result might be different.

Gambling is never a way to gain money, it is only possible if you're lucky. Therefore it should be treated as a way to entertain ourselves and not to grow our money. I just feel sad for the father who support his son to get a job yet the son didn't value everything he had.

It is true that not everyone is lucky in gambling and many of those who become addicted come back in debt.
Many people think that gambling can change their normal life for which they get addicted to gambling.
But those who are a little aware will never get themselves addicted to gambling and even prevent others from getting addicted to gambling.
Think about OP's local elder brother who despite being a govt servant got himself addicted to gambling and put his family in total danger by going into debt.

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[wtsimis]

Army teaches patience, discipline and giving life for the country. I don't understand how an army man can become addicted to gambling. Anyway to my knowledge I have never seen anyone get rich from gambling. Gambling is an addiction. When he is repeatedly losing gambling, he should have quit gambling.

If the person I am referring to had not gambled in online casinos and invested this amount of money in bitcoins, he would have made a substantial half profit today, even after paying off his debts.

You are correct. If he was not a gambler and had invested in bitcoin, he could have easily paid off the debt and made a good financial profit.

[freedomgo]

That's the side effect of gambling and no one can skip that until he realizes that he's doing it wrongly. Yes, he's gambling it the wrong way and didn't able to control himself and was able to take a huge loan. $18k is no joke in today's period of time and this money can do a lot of stuff if someone gives me that amount. But can we revert our actions just as this guy? No. But it's not too late for him to re-do his things and has to repay the loan for him to move comfortably whether he wants to gamble again or invest in Bitcoin. We can't direct people's action and correct them or regret from what they've done. It's true that there's a feeling of being able to regret as if we're in their shoes but let them serve the mistake to teach them valuable lessons in life.

It's not surprising anymore to see gamblers being addicted in betting and end up with gambling addiction. Gambling itself when abused will eventually lead you to a huge loss or make you buried in debt. But we know that does not end there. You can still get out from addiction if you wish to and see yourself recovering, that is if you want to see positive changes, otherwise you will end up broke because of financial damage.

While gambling can make you lose and leave you destitute, but some extra lucky gamblers have experienced the irony. Gambling made them rich instead, but we should not hold on to that as most of the gamblers still end up with great financial loss while they keep on taking an edge over their gambling urge.

[JunaidAzizi]

Well, this is not his well-to-be debt of $18k, no body wants to lose his money in fact in gambling a person can come just to. increase the money he uses. Your elder brother did not want this situation but we know gambling has no sense or emotions to look whether the person is going in profit or loss it is just a game of luck and your brother's luck is not good.

Wise people always say that gambling within limits if you exceed your limits will destroy you and the same case happened to your brother. He came to get money quickly but lost his money, in my view if he invests all this in BTC or any physical business I am dam sure he will have a huge amount double of it.

[harapan]

Gambling is not for everyone. It you're not strong and well disciplined enough you shouldn't think on gambling at all.

So many persons have ran into debt because of greed while gambling, it's a bit reasonable to gamble with your spare money but if borrowing is the only means of funding you gambling habit, then you should know that it is high time you put a stop to it.

Leaving an isolated life could leave one to becoming unguided  addicted to vices like gambling and once this happens, it takes serious effort before such a person can to recovered from the spirit of gambling.

Yes that's correct.People consider gambling to be illegal and disastrous because its outcome can be wrecking.But I think its going to be a good idea if someone can or could try both sector maybe one at a time.
 Gambling is not a good choice to gain extra cash but people enjoy gambling so much.Although I've heard several news of a man making millions through gambling but could it be that he cashed out in a dubious way,because we all know what gambling is and of course it shouldn't be for the weak because its a riskier venture.Gambling is uncertain and it cannot save tour finances.

[jcojci]

If the person can have an open mind about bitcoin and he intends to invest his money in bitcoin, he can make a profit. But the problem is that he was familiar with gambling before he knew bitcoin so he preferred to spend his money on gambling. He also borrowed money to continue gambling, which was a mistake he should not have made. He already has a fixed salary so he shouldn't have any problems with gambling activities because he can allocate some money.

But because he prefers to gamble more often or with a lot of money, he has to lose all his money. He also has to pay his debts, and hopefully, he can pay back all his debts on time. This is a lesson for all of us that when we are familiar with gambling, we must be more careful.

[AnonBitCoiner]

Army teaches patience, discipline and giving life for the country. I don't understand how an army man can become addicted to gambling. Anyway to my knowledge I have never seen anyone get rich from gambling. Gambling is an addiction. When he is repeatedly losing gambling, he should have quit gambling.

Army man cannot do anything without the permission of government and one who is a part of army will not do anything that will harm him and is bad for his family and country. Other thing is he is a disciplined person he will not do gambling but sometimes a person is so greedy in order to earn more money that he  cannot wait for his salaries and put his money into gambling in order to enhance money but he loss his own salary too.

You are correct. If he was not a gambler and had invested in bitcoin, he could have easily paid off the debt and made a good financial profit.

Investment in Bitcoin and gambling is very different things and we should make a differentiation between them. bitcoin investment is a popular and successful way of earning whereas gambling is just lossing of money, lossing of trust and lossing of everything so remember that always choose a successful way instead of that way in which you loss your own respect.

[Alphazet]

Today I will share a real incident. An elder brother of my area who has been working in Bangladesh Army for 8 years. We have walked with him enough since childhood and played many sports together but we never saw any such habit in him. He used to serve in the army and used to come home when he got leave and we used to hang out with him but recently we heard some bad news about his affairs through his younger brother. There are various online casinos in which he gambled and ended up in debt of around $18,000. Already his father is a middle-class family member and his father works hard enough to get him a job and manage his money by borrowing heavily but by this time he is 18 thousand dollars in debt due to gambling. Not only did he lose $18,000 by gambling, but he ended up with eighteen thousand dollars in debt, and he also lost money by gambling out of his salary. 

If the person I am referring to had not gambled in online casinos and invested this amount of money in bitcoins, he would have made a substantial half profit today, even after paying off his debts.  If he had bought 1 BTC and sold it now when the price of Bitcoin was twenty thousand dollars, he would have made a profit of about 25K dollars even though he had paid a loan of 18K dollars. The reason for sharing this incident of my local elder brother is to warn users about the dangers of gambling. 

I don't owe you $18K so we may not understand it but the one I shared with understands how heavy the burden of debt is.

Gambling is not a solution to profit more bitcoins , Gambling dates back at least to the Paleolithic period, before written history to about 3000 BCE.

[YOSHIE]

Investing in Bitcoin will bring you hope and gambling will leave you destitute.

Why is it known that many people are rich in China, because they have been taught from childhood how to invest, especially nowadays, crypto makes it easier for people to invest in the long term, for this reason, investment has good opportunities for the future, while gambling makes life worse in the future.

Whatever the reason, gambling and investment are two different factors, investment makes money, gambling costs money, here of course we can judge which one is good to consider, Whatever the reason, gambling and investment are two different factors, investment makes money, gambling costs money, here of course we can judge which one is good to consider.

[Tipeform$]

Gambling is a very serious addiction. The lives of those who become addicted to gambling are completely ruined. OP I want to know if the surplus person you gave is experienced with bitcoin, if he is experienced with bitcoin then I think he missed a big opportunity in life. If he had known about Bitcoin, he might not have wasted so much money gambling. He must have invested that lost money in bitcoins and used some of the proceeds to gamble. However, those experienced with Bitcoin may have realized here that it would have been much better to keep investing in Bitcoin than to gamble and lose money.

[Renampun]

...

If the person I am referring to had not gambled in online casinos and invested this amount of money in bitcoins, he would have made a substantial half profit today, even after paying off his debts.  If he had bought 1 BTC and sold it now when the price of Bitcoin was twenty thousand dollars, he would have made a profit of about 25K dollars even though he had paid a loan of 18K dollars. The reason for sharing this incident of my local elder brother is to warn users about the dangers of gambling. 

I don't owe you $18K so we may not understand it but the one I shared with understands how heavy the burden of debt is.

Those who don't feel responsible for themselves and their families actually don't deserve pity, they shouldn't indulge in their lust to continue gambling online because they have gambled using money that doesn't belong to them, they are in debt for gambling, I can only imagine how happy they are his life if he didn't lose money because of gambling, didn't have debt because of gambling and made big profits from investing in bitcoin.
I know choosing to gamble and invest is each person's choice, but think again about what will happen to your future, investing, especially investing in Bitcoin, will give you big profits, but gambling will only make you lose money, especially if you don't have the good one emotional control.

[GeorgeJohn]

Gambling, while tempting, can be dangerous, as your experience shows. Contrast gambling with investment. As seen by your elder brother's financial crisis, gambling is risky and unexpected. Though volatile, Bitcoin investing offers more control and educated decision-making. Knowledge of risk is crucial.

Imagine his investment in Bitcoin or another currency. Research and strategy could have changed the outcome. His tale emphasizes financial literacy and responsible decision-making. We should consider risks and rewards and balance gambling, as this story warns.

When you compare and contrast between venturing into gambling and bitcoin investment the one that be safer, its obvious that gambling doesn't have full assurance of making profit or to recover your capital, both of them deals with risk and gambling is more risky than bitcoins investment, because your involvement with bitcoin may not caused you harm a gambling may caused because you can't monitor or control gambling but you can control a bitcoin investment, so I think we are all saying similar thing.

This is how sudden gambling can bring to a person , not to mention an ARMY GUY that is trained to have discipline yet now a gambling loser? and maybe can be called gambling addict?
and what this will end , he will lose his job because of such action and to become a family burden , sorry to hear this but he must decide sooner or will be a loser forever.

I do emphasise on this always, because its well known that gambling have to do with risk and mostly the disadvantages is higher than the advantages, so what makes someone to be much committed with gambling and also be a gambling addict is when you start to think that gambling can give you a payment more than your job, and again when you are pausing your losses in gambling,  it's obvious that anyone who is determined to pause it loss will easily get addict in gambling unaware, this like evolution of addiction if you interchanges the meaning.

[Nothingtodo]

OP, As far as I know as a Bangladeshi it is forbidden to participate in gambling as an army person in Bangladesh but since your neighbor is almost bankrupt by participating in gambling in this case if the army administration department finds out about your neighbor then he may face a lot of problems in his work life and his job There will be a possibility of leaving. So prevent your neighbor from gambling addiction as soon as possible and control yourself from all kinds of criminal activities.
Moreover, you should not encourage your neighbor to invest in Bitcoin because Bitcoin is not legal in Bangladesh, so investing in Bitcoin as an army person can certainly cause a huge loss in his job if the government finds out about this. But if he can invest in bitcoin with utmost privacy then there shouldn't be any problem but if he can't protect privacy then I think he shouldn't invest in bitcoin.

[Oneandpure]

Those who don't feel responsible for themselves and their families actually don't deserve pity, they shouldn't indulge in their lust to continue gambling online because they have gambled using money that doesn't belong to them, they are in debt for gambling, I can only imagine how happy they are his life if he didn't lose money because of gambling, didn't have debt because of gambling and made big profits from investing in bitcoin.
I know choosing to gamble and invest is each person's choice, but think again about what will happen to your future, investing, especially investing in Bitcoin, will give you big profits, but gambling will only make you lose money, especially if you don't have the good one emotional control.

Regarding with the responsibilities from some gambler, I don't think all gambler losses their responsibilities with their family and use free money deposit to gambling fund. Actually right bitcoin investment can bring us new hope and expectation in the future but some gambler don't make gambling as profession and only have fun trough get more free time.

Depend on each gambler mindset, they don't try to make gambling have to earn profitable every time and get fun only when stress in working so they don't just fund have been allocated for their family for depositing in gambling account.
During can controlling well with smart money management I think its not really bad although one side scare with some gambler can't controlling their emotional.

[kotajikikox]

this is the reason why we must not compare gambling  into investing so this is a sad thing to hear that a person of a service and government is now dealing with such hardship.

try to help them understand the consequences and the possibilities of losing His job.                             

[cryptoWODL]

Army teaches patience, discipline and giving life for the country. I don't understand how an army man can become addicted to gambling. Anyway to my knowledge I have never seen anyone get rich from gambling. Gambling is an addiction. When he is repeatedly losing gambling, he should have quit gambling.

Even though that army was repeatedly defeated in gambling, he did not stop gambling because he was completely addicted to gambling. To my knowledge the army of any country in the world cannot engage itself in any work without the opinion of the government. The OP's mentioned army got himself addicted to gambling because he thought he could make a lot of money from gambling. But he forgot that one can never get rich from gambling and even he lost his sense of humanity due to which he came back heavily in debt.

this is the reason why we must not compare gambling  into investing so this is a sad thing to hear that a person of a service and government is now dealing with such hardship.                              

It seems to me that investing is different and gambling is different as you have lumped it together. But he of the said army knew nothing about crypto currency i.e. Bitcoin due to which he got addicted to gambling and made huge bets there.

[radjie]

Army teaches patience, discipline and giving life for the country. I don't understand how an army man can become addicted to gambling. Anyway to my knowledge I have never seen anyone get rich from gambling. Gambling is an addiction. When he is repeatedly losing gambling, he should have quit gambling.

If the person I am referring to had not gambled in online casinos and invested this amount of money in bitcoins, he would have made a substantial half profit today, even after paying off his debts.

You are correct. If he was not a gambler and had invested in bitcoin, he could have easily paid off the debt and made a good financial profit.

Unfortunately, as Op said, he didn't invest in Bitcoin, even if he invested in Bitcoin, it's likely he wouldn't have that much debt because his debt came from gambling.  Gambling without control does have a bad impact even though it is used for entertainment, but if it continues to be done repeatedly it will make the economy even worse.  Everyone can certainly assess the benefits of investing compared to gambling.  Gambling will be comfortable when players can limit themselves and are aimed at seeking entertainment rather than gaining multiple profits from it

[Republikcoin.com]

this is the reason why we must not compare gambling  into investing so this is a sad thing to hear that a person of a service and government is now dealing with such hardship.

try to help them understand the consequences and the possibilities of losing His job.                             

Two things that are fundamentally different are not worth comparing for any reason so understanding for the sake of understanding must always be there for people who make comparisons of these two things. And if there are people from government agencies who are involved in crypto investment, they still don't really understand the consequences of investing in crypto. So it's good to be given a fairly basic and complete enough understanding so that they don't make mistakes in assessing it and comparing it with different things such as gambling.

[Taricoins]

Bitcoin is the best place for investing and people who are into bitcoin investment are really making it. I have never invest in bitcoin before but I have friends who are into it and also benefiting from it.
Because back in the days when i was playing gambling I  have never gain anything form it, since the day I started it, and thank God that I stop it quick because many people who are addicted to it are selling of their property to play gambling. so I will never advice anyone to play gambling but rather investment their money in bitcoin

[Z390]

You are inviting peace of mind when you choose Bitcoin as your long term investment instead of gambling, Bitcoin as investment is like a retirement fund that you will be paid in the coming 10 years, and it's certain, but gambling is like trying to have all those money that should take you 10years in a single day, which one is more realistic?

I don't know how people get lost in gambling so much that it start to affect their lives, are they not just trying to deceive themselves? I am into gambling too but I do it for fun reasons and getting lucky with what I can afford to lose, my gambling doesn't pass using $10 in a week and when I can afford $20 too, in return I only want $100 -$1000 if I am very lucky, how can this small amount ruin my life?

But people are too greedy, if a stranger is a gambler they are probably very greedy, the few I know are so greedy that they risk all money they make from their work to gamble because they want to build houses and have dream cars very quickly, their thinking turn into a source of punishment for them, the lack of facing reality.