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

[bhadz]

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.

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[electronicash]

he gambles while he has no job. how unlucky is the person to whom he owes some money, he will never see his money again. what happened to him in 8 years in the army that he became an imbecile.

the guy is obviously incapable as mentioned by OP, his father works hard to give him a job. his father has to look for a job for him, that's insane. his father must have pampered this kid since he was little and now he can't stand on his own. 

[Miles2006]

In the gambling world stories like this are very common and a lot of people end up regretting and some will still go back despite the debt, that's their choice and they are addicted to gambling I don't see any point blaming such people but if they're willing to change and withdraw from such act for a long period it will be better, I don't know about the loan issue in your locality but mine if you're not with a valuable property you can't be given such huge amount or he borrowed the money from different individual, let's just assume he borrowed the money for bitcoin investment it will would have sound better and nice compared to gambling that has high risk of winning, I still don't support the fact of borrowing money for bitcoin investment or gambling, both investing and gambling requires your own money and still bet what you can afford to lose and invest what you can afford, the issue with borrowing money sounds stupid most especially in gambling that doesn't give guarantee of making profit.

[JoyMarsha]

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.

Without much prolonged talk, the burden will be a whole lot for the Army personnel to carry on despite being trained to endure bad moments and pains. Many people have been consumed because of this kind of burden of debts they carry around. I don't know whether your army elder brother will be able to survive the shame and anguish of how to pay back the $18k debt on gambling.

The questions that will be running through your army elder brother are how long would it take or how would he go about paying back the $18k debts through his monthly salary, without the army authorities knowing about it or he to do something unlawful just to pay off the $18k debt.

It will be a hard time for him, all he needs now is support and encouragement from you and his family members on how to pay back the debts so that he will commit suicide because of thoughts and shame of the accumulated debts.

[bitterguy28]

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.

Is it path of the law in military not to gamble? In work, he has no offense is what I could think and see about this.

Nope but I generalized what will come sooner as he was already into addiction , i have just foreseen His future to end like losing His job if he will not change to a good acting , because we knew how gambling addiction can bring to person with just a one big mistake will end everything that we have gathered for long time.

this is how story told from many gamblers and from what is written in the news that ends up even nightmare.

and actually this post of mine is a challenge for Him to either Stop gambling now or lose His job forever .

[Sebas.tian]

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 think, that Army man was addicted to gambling for such person to spend huge amount of money on gambling hoping that he will win to recover all his money back but he ended up in huge amount of debt that will take him many years before he can recover through his salary. There are still some people over there receiving salary huge amount weekly or monthly but they never think of Bitcoin investment than to continue spending the money for drinks or gambling that will make them to regret for taking such decision like the way that Army man is regretting from his mistakes.  When you invest in Bitcoin in the time of bearish season, and hold for the price to increase to your satisfaction before you can sell and smile which is the best thing Bitcoin investment can cause for those that invested in the right time.

[cryptoWODL]

Today I will share a real incident. An elder brother of my area who has been working in Bangladesh Army for 8 years.

As he was in the army for 8 years, he was well paid in those 8 years and even got an increase in his salary. I don't understand why he got himself addicted to gambling was he not smart. He served in the army for eight years, which is 96 months.In our Bangladesh, the salary of a common soldier is minimum 20 thousand taka in basic condition. If his full salary in eight years is considered to be twenty thousand then our Bangladeshi Taka is 19 lakh 20000 Taka. This amount of money is enough to spend a person's whole life comfortably.

But he chose gambling to earn extra money and eventually came back heavily in debt. This debt of his will be very difficult for his family to bear as their family is middle class.

[Jegileman]

Bitcoin and gambling are two different things and they shouldn’t be interlude with one another. Gambling can be compared to investing in altcoins but for bitcoin it is totally different from that perception. Bitcoin is less risk while gambling and investment in altcoins are full of risk that can left you to emotionally downcast if things doesn’t go as planned. For those that have taken a career of future path through gambling, they should know that it is not worth it and it should just be for fun. If they are looking to make long and lasting investments that can make them rich overtime, they should rather invest in bitcoin.

[gabbie2010]

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 think, that Army man was addicted to gambling for such person to spend huge amount of money on gambling hoping that he will win to recover all his money back but he ended up in huge amount of debt that will take him many years before he can recover through his salary. There are still some people over there receiving salary huge amount weekly or monthly but they never think of Bitcoin investment than to continue spending the money for drinks or gambling that will make them to regret for taking such decision like the way that Army man is regretting from his mistakes.  When you invest in Bitcoin in the time of bearish season, and hold for the price to increase to your satisfaction before you can sell and smile which is the best thing Bitcoin investment can cause for those that invested in the right time.

Unfortunately these are one of the few cases of consequences of being a gambling addict and such a case mentioned by the OP had painted almost all gamblers in a bad light, the fact that he is an Army personal I am expected him to be well disciplined in all ramifications and should have gambled responsibly unfortunately he would end up bankrupt because he has to repay a whooping $18,000 which would take many months to repay all his debt, meanwhile the OP is pained that his Army friend didn't invest in Bitcoin which could have earned him more profits but I don't know why he didn't advice his Army friend to invest in Bitcoin earlier.

[Obim34]

You need to understand that both has some sort of risks and equivalent amount of return. If you invest, then you take less risk and hence your rate of profit will be also low. Now when you gamble, you take high risk and in a similar manner the profit is also high. Now depending on the user’s condition and necessity he will do either one of the following or any one. Really OP, the people can’t be blamed here, they gamble and they have to be responsible for their own actions only.

Investment on Bitcoin is always a win - win situation whereas gambling has a lot profits bigger than that of Bitcoin depends on the amount of money or the time of accumulating that Bitcoin.

Bitcoin will definitely give you profit over the years than what gamble will give despite how small your portfolio is their must be something added on top of the case

[uneng]

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.

That is a very unfortunate situation your elder brother is going through, especially now during the Holidays. We can tell here anything we want to express how irresponsible he was to have put so much money at risk without prioritizing his investments, sources of income and professional career in first place, but the damage is already done and everything we should care from now on is encouraging him to rebuild his financial life, with the learnship in mind of the mistake he commited and that must not be repeated! What happened was useful as a lesson that will prevent him from wasting money in gambling futurely, but now the focus has to be in finding a job, making money and growing his patrimony.

I believe it's being hard for him to deal with all the negative emotions and possibly regrets hammering his mind day and night. He needs support from the family and friends to start again. Give him strength and hope that the currently obstacle can be overcome and that futurely he can achieve much more than 18,000$ if he struggles towards this objective. If you have health, you can keep fighting and trying, but if you give up, besides not achieving anything, you will also lose your health, because that is what happens when we are consumed by negative emotions on the long run.

[barisbilgili]

Bitcoin and gambling are two different things and they shouldn’t be interlude with one another. Gambling can be compared to investing in altcoins but for bitcoin it is totally different from that perception. Bitcoin is less risk while gambling and investment in altcoins are full of risk that can left you to emotionally downcast if things doesn’t go as planned. For those that have taken a career of future path through gambling, they should know that it is not worth it and it should just be for fun. If they are looking to make long and lasting investments that can make them rich overtime, they should rather invest in bitcoin.

Of course things are very different between the two because people who choose to invest of course have thought about their future and some people who gamble will really depend on how they play the game, if they can control their gambling activities it certainly won't get them into trouble. finances and if they cannot control themselves they will certainly experience an addiction to gambling, of course this is very different.

Indeed, it would be better for us to gamble for fun and not become addicted to gambling so that we can still invest and if we choose to invest in Bitcoin, of course this is very good for long-term investment and this will be very profitable for us if we can hold on. ourselves for desires we don't need and use the income we have to invest in Bitcoin.

[2Pizza410000BTC]

Today I will share a real incident. An elder brother of my area who has been working in Bangladesh Army for 8 years.

As he was in the army for 8 years, he was well paid in those 8 years and even got an increase in his salary. I don't understand why he got himself addicted to gambling was he not smart. He served in the army for eight years, which is 96 months.In our Bangladesh, the salary of a common soldier is minimum 20 thousand taka in basic condition. If his full salary in eight years is considered to be twenty thousand then our Bangladeshi Taka is 19 lakh 20000 Taka. This amount of money is enough to spend a person's whole life comfortably.

But he chose gambling to earn extra money and eventually came back heavily in debt. This debt of his will be very difficult for his family to bear as their family is middle class.

Gambling addiction consumed him in such a way that he could not control himself. He regularly participated in gambling and lost which resulted in him being heavily in debt at one point. A gambling addict may never think like you. He will always busy himself to get more.

[pinggoki]

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.

Don't know about you but I didn't suffer that consequence that you're talking about gambling because I'm smart, I didn't have to learn those lessons the hard way, more like I've learned them from the people around me that have made that mistake, that's the wisest move which is to learn from the mistakes of others and heed the advice that they've got about those experiences and so you don't have to experience it anymore. Definitely he can do the repayment but to me, depending on where he's from, he's better off defaulting that money in a way that wouldn't land him a jailtime because repayment is going to be a worthless hard work for him, not being able to enjoy the fruits of your labor because you're paying that debt, I guess that's part of the punishment.

[fredericktaylor]

Gambling never makes people successful. Gambling only leads people to destruction. If one person in a family is a gambler, the family is destroyed because you will gradually become addicted to gambling and you will fail again and again. There are many people in our society who get addicted to gambling without thinking about the future of themselves and their families. They think gambling can make them rich overnight. With this idea, they repeatedly proceed to gambling.  They resort to gambling to make up for lost money and gradually become destitute. You don't get addicted to gambling and wait for bitcoin investment to get good profits which will gradually lead you towards success.

[AirtelBuzz]

Gambling never makes people successful. Gambling only leads people to destruction. If one person in a family is a gambler, the family is destroyed because you will gradually become addicted to gambling and you will fail again and again. There are many people in our society who get addicted to gambling without thinking about the future of themselves and their families. They think gambling can make them rich overnight. With this idea, they repeatedly proceed to gambling.  They resort to gambling to make up for lost money and gradually become destitute. You don't get addicted to gambling and wait for bitcoin investment to get good profits which will gradually lead you towards success.

Yes correctly said. Gambling can never brighten people's future but leads to destruction of people's future. There are also many gamblers who have become addicted to gambling.They become addicted to winning and forget all humanity in the hope of making more money. I have also seen many gamblers who sold their land to gamble but ended up in debt and never made a profit.

[Blitzboy]

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.

Don't know about you but I didn't suffer that consequence that you're talking about gambling because I'm smart, I didn't have to learn those lessons the hard way, more like I've learned them from the people around me that have made that mistake, that's the wisest move which is to learn from the mistakes of others and heed the advice that they've got about those experiences and so you don't have to experience it anymore. Definitely he can do the repayment but to me, depending on where he's from, he's better off defaulting that money in a way that wouldn't land him a jailtime because repayment is going to be a worthless hard work for him, not being able to enjoy the fruits of your labor because you're paying that debt, I guess that's part of the punishment.

Your focus on learning from others' gambling mistakes is smart. There's a fine line between cautious advice and squandered opportunities. Responsible gambling involves planning, risk management, and the excitement of the unknown. A skill that can be improved.

Your friend's debt: default over repayment? A dangerous move. Its hard to struggle to pay off debts, but honesty matters. Repayment restores trust and accountability, not just money. Defaulting may appear easy, but it has legal, moral, and personal ramifications. Gambling is about risk against profit. While learning from others is wise, doing it yourself with control and understanding is invaluable. Balance means understanding when to risk and when to retreat. The actual art of gaming and life.

[benalexis12]

Investing correctly will definitely make you a good profit. But if the investment is chosen incorrectly, the capital or money used is a waste; it's that simple. But in the times we're here today, cryptocurrency is a win-win for a lot of people who understand the crypto space.

They will surely benefit the most when the bull run comes for sure next year. Because I personally see a lot of potential cryptocurrencies that will really kick the price value at the height of the Bitcoin bull run.

[lienfaye]

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.

[Kasabus]

The problem is, not everyone is interested to invest in bitcoin. Probably because they still think that bitcoin is a ponzi scheme, and would still end up losing their capital if they risk investing in bitcoin. People instead think that gambling is way more reliable and profitable than bitcoin investment, but only realized in the end that there's no big winner in gambling, only big loser. And only those who have been gambling for quite long understand it, as their losses have clearly outnumbered their profits.

Reality is Bitcoin will give us hope if we are also hopeful throughout the process. But for those who invest just to satisfy their greed, bitcoin will only make them frustrated. However, gambling may leave us destitute if we are incapable to manage its risks, but if we gamble on our spare money and on our free time, we will never lose a lot with gambling.