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

[FinePoine0]

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 addiction is the main reason why your neighborhood elder brother is facing losses. The person who has suffered the most losses due to gambling addiction would surely not have suffered losses if he had adopted some strategy. But investing in bitcoins is sure to make a profit, Bitcoin price was $20000 in February 2023. It has been exactly one year so the best bitcoin investment. Advise your friend if he wants to pay off his loan fast then he should definitely invest in DCA method to get fast profit by investing in Bitcoin and do loan council. (abstaining from gambling) and investing in Bitcoins

[Princess Leah]

Gambling addiction is the main reason why your neighborhood elder brother is facing losses. The person who has suffered the most losses due to gambling addiction would surely not have suffered losses if he had adopted some strategy. But investing in bitcoins is sure to make a profit, Bitcoin price was $20000 in February 2023. It has been exactly one year so the best bitcoin investment. Advise your friend if he wants to pay off his loan fast then he should definitely invest in DCA method to get fast profit by investing in Bitcoin and do loan council. (abstaining from gambling) and investing in Bitcoins

You're right, instead of staking my money on gambling I'll rather invest it on Bitcoin. Well,  we all know that they have their risk factors but come to think of it, staking money in an online casino is more riskier, cause gambling doesn't guarantee total success According to experts, also those who benefit from it are not very much compared to people who lose from it.

 Furthermore, I don't think a good number of people would be proud of saying they've benefited from gambling, it takes more than it gives and I think it mostly depends on luck. I've heard people in my area advising their friends not to consider it as a major source of earning a living. Well bitcoin has it's own risks a well and that is due to it's volatility in price.

 Asides that it's a safe heaven and a good investment especially now that the halfing is by the corne. Investing in bitcoin is not a bad idea for instance those who invested heavily in it by buying the dip in 2023 when it was 20k would be probably rich at the moment, that's if they Hodl or bought more cause the current price is above 50k which is about double the amount they got it for in 2023 you can't see such things in gambling.

[$weetne$$]

But investing in bitcoins is sure to make a profit, Bitcoin price was $20000 in February 2023. It has been exactly one year so the best bitcoin investment. Advise your friend if he wants to pay off his loan fast then he should definitely invest in DCA method to get fast profit by investing in Bitcoin and do loan council. (abstaining from gambling) and investing in Bitcoins

Many people that invested into Bitcoin will make profits if they don't do anything but just be buying and holding Bitcoin but many people that are gambling are losing, gambling takes money always from you therefore it's not a good way to think that you can make money. If you want to make money always choose investment, investing in Bitcoin will make you rich in a short time. When you're gambling you're depending on luck but investing in Bitcoin isn't about luck because everybody that invest and hold always make profits but not everyone that's gambling will win their games . Bitcoin was low last year and anybody that had bought it will have made big gains as Bitcoin is  trading very high. Investing in Bitcoin will bring you hope because of the profits that you'll be getting and it can keep increasing if you continue holding.

[Troytech]

If I'm not conversant with the way gambling takes advantage of people's greed i would be surprised that an army officer who has gone through years of training and discipline would find himself in such dip shit of debt through gambling.

It's true that uncontrolled gambling addiction can end people in great debt and even cause financial instability to people, but like I said uncontrolled, your elder brother is not the only gambler I've also seen people who has gambled for years without getting themselves into major mess but when gambling has entered your mind it can destroy you. So I think the lessons should be on self control as gamblers in terms of our greed cause at the end of the we are still the once to make the decision to gamble too much or nor.

[NewRanger]

Trading and holding coins is very difficult to do. we have to control our thoughts and emotions while the value of our assets decreases a lot. To be a long-term investor you need to be mentally and emotionally strong, price movements are at high volatility so, if we can't control it, I'm sure the potential losses will be minimized by themselves and the perception of investing in BTC will be even more positive. Yes. Even if later we get less profit, as long as we can avoid losses in the market, it is better for us.

[Finestream]

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.

Humans are naturally greedy, but those who resort into gambling are like taking shortcuts to satisfy theirselves with exceptional amount of income, and that’s the wrong side of it, since there is no free or easy money in reality. If you win huge amount, know that it will also go back to the casino if you decide to gamble continuously.

However, if you chose to invest your funds in bitcoin and hold it for long term, you are sure that you will yield significant amount of returns if you stick to your goal and not selling it earlier than your target selling price. While gambling can offer you too good to be true amount of profits, investing in bitcoin on the other hand ables you to be more hopeful as you are preparing your retirement soon with bitcoin long term hodling.