wallet4bitcoin
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January 31, 2024, 03:54:29 AM |
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I have earnestly looked into gambling and also into trading and I can tell you for a fact that there are loads of similarities that exists amongst them.
In trading, you need to know when to go in and when to go out, same applies to gambling, you need to know when to start but most importantly, you must know when to stop which is when to call it quit with either your loss or your win.
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Hirose UK
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January 31, 2024, 04:35:28 AM |
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Indeed, when a gambler lose instead of taking a break and pause for a while they will deposit more money in hope that they will be able to regain and recover those money, but because of heavy aggressiveness you won't be able to resist their list, the outcome is more unacceptable most of the time, like what you said being anger drives you to continue losing more money.
Efforts to recover losses will always result in greater losses, they will lose money many times over if efforts to recover losses cannot be suppressed or avoided. Just imagine, when gambler loses and deposits more money, they will lose the amount of money deposited and this will trigger curiosity which is covered by emotional feelings until self-control will no longer be controlled. The negative impacts that will occur can also be greater, in fact the negative impacts that occur will always bring gamblers into conditions that make it difficult for themselves, who knows how to overcome them, but when gambler has an attitude like this then destruction is clearly in sight. The only way is to be able to accept every defeat that occurs, but accepting defeat is not an easy matter because their goal of gambling is wrong, when the goal is only to make money then clearly losing is something that can never be accepted. This will be different from gamblers who only bet or play for fun, gamblers who bet for fun will obviously only use money that they can afford to lose so that when they lose it will be payment for getting that pleasure and satisfaction.
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nara1892
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January 31, 2024, 08:14:14 AM |
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I have earnestly looked into gambling and also into trading and I can tell you for a fact that there are loads of similarities that exists amongst them.
In trading, you need to know when to go in and when to go out, same applies to gambling, you need to know when to start but most importantly, you must know when to stop which is when to call it quit with either your loss or your win.
Yes in terms of risk management maybe gambling and trading can be said to be the same because there is a possibility of risk that continues to lurk, self-control, emotions, along with knowing when to stop is really recommended when you are involved in one or even both because then you will be able to minimize the possibility of defeat or loss, but maybe the difference is that in gambling there is absolutely nothing to learn because gambling tends to refer more or depend on how lucky you are at that time, while in the world of trading you can learn everything there slowly from learning and understanding the habits of the market until you can create your own strategy to open a trade at one of the moments that match the strategy you created and the higher your flying hours in the world of trading then you will have the opportunity to become a professional trader who can get a pretty decent profit, the point that looks the same from both of these between gambling and trading is in terms of risk management and for the problem of achieving victory or profit is clearly different, for the problem of trading as I said above and for the problem of gambling you can only depend on luck alone.
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Lanatsa
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January 31, 2024, 08:24:34 AM |
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Yes you are right mate, the ability of the gambler to have a stoppage time is his only exit from loses on the long run, this is because he will have more loses than winning and at that will end in either debts or other financial crisis, Many times it has been proven, that those that have a well defined gambling timing always end up making the best gambling decision and their have been able to manage themselves to a point that the walk away in which ever direction they may fine themselves.
So knowing when to stop is Very important for a gambler and many times it has become a known facts to have limits to everything if you want to go far in that thing.
And if they experience more losses because they have spent more time, they should reduce their gambling time or activities because they could experience more losses. Using more time to gamble does not guarantee that they will win, but they can lose more than before. For this reason, they must be aware that the decision to increase their gambling time does not need to be taken to prevent more losses. We must reduce or limit our gambling activities to prevent large losses. And we can still enjoy gambling games with enough time, especially if we only gamble for fun. Those who want to gamble longer should be able to think about the risk of losing more, which could cost them all their money. The more time we spend gambling, the more we will experience continuous bigger losses. There are no consecutive profits when we gamble. So the first step that must be taken is to stop and not try to recover your losses because if you continue to gamble to chase your losses, you will only lose money. will experience increasingly unstoppable losses and it will be increasingly difficult to pursue them. Someone who thinks of using more time to gamble to recover their losses is making the wrong decision, so don't ever try to continue chasing losses because the risk of losing will be even greater. Yes, it would be good if you could manage your time when gambling and limit your gambling so that you can prevent yourself from experiencing big losses and also prevent you from becoming addicted, we have to consider the risk of loss if you want to continue gambling, enjoy gambling as entertainment so you know when what to stop and when to play. Actually depends on what kind of gambling you are really that dealing with. If you are someone whose really that getting involved with betting on sports then it would be something that beneficial or something that would really be progressive. Things wont really be messy if you are really just that mindful when it comes to spending or allocating funds when it comes to betting. There would really be no problems if you do really just know about on limitation and spending. You wont really be finding any culprits if you are really that just responsible withn your actions because if you dont then dont expect that it would give out good results. When it comes on knowing on when to stop then it would really be that depending on someones control and since not all would really be that good when it comes to emotion handling. This is why we do see different people who do suffer different results and different outcomes on which this is something that you would really needing to control it out because once you do then there would really be no problems at all.
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temple
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 31, 2024, 09:54:38 AM |
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I have earnestly looked into gambling and also into trading and I can tell you for a fact that there are loads of similarities that exists amongst them.
In trading, you need to know when to go in and when to go out, same applies to gambling, you need to know when to start but most importantly, you must know when to stop which is when to call it quit with either your loss or your win.
Yes in terms of risk management maybe gambling and trading can be said to be the same because there is a possibility of risk that continues to lurk, self-control, emotions, along with knowing when to stop is really recommended when you are involved in one or even both because then you will be able to minimize the possibility of defeat or loss, but maybe the difference is that in gambling there is absolutely nothing to learn because gambling tends to refer more or depend on how lucky you are at that time, while in the world of trading you can learn everything there slowly from learning and understanding the habits of the market until you can create your own strategy to open a trade at one of the moments that match the strategy you created and the higher your flying hours in the world of trading then you will have the opportunity to become a professional trader who can get a pretty decent profit, the point that looks the same from both of these between gambling and trading is in terms of risk management and for the problem of achieving victory or profit is clearly different, for the problem of trading as I said above and for the problem of gambling you can only depend on luck alone. Yet if you are talking about intraday-trading, there are more losers than winners as it is a zero sum game and I would argue that the best software or the strongest artificial intelligence or the most sophisticated processors win the zero sum game. I am aware that there are a bunch of people claiming how they cracked the magic formula and they generate profits on a daily basis, but the truth is that most of the people lose while there are a few that win and those who engage in day-trading occasionally and then finish their sessions with a profit, it's really like gambling to me. Everyone who tried it out and wanted to time the market or beat the market on a specific day will know that it has a lot to do with luck as there are so many people engaged in trading who on average have access to the exact same information. Algorithms beat the human brain there.
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len01
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 31, 2024, 12:23:08 PM |
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-snip
When it comes on knowing on when to stop then it would really be that depending on someones control and since not all would really be that good when it comes to emotion handling. This is why we do see different people who do suffer different results and different outcomes on which this is something that you would really needing to control it out because once you do then there would really be no problems at all.
we gamble involving the money we have so it is very natural for a gambler to find it difficult to control himself when he loses or when he wins because no one wants their money to be lost and everyone will also become greedy if they see large amounts of money. In cases like this it is actually very easy to limit yourself to knowing when is the right time to stop gambling and when is the right time to start gambling again and it all depends on each person's mindset. if a gambler really wants himself to be a healthy gambler, of course they will really appreciate the money he has and have limits such as budget and number of bets, for example, you really appreciate every money you have and only use 3% of your income to gamble and with a pattern this thought of appreciating money can give a healthy mindset to our minds because someone who respects money will usually be more careful in making decisions before betting and will stop gambling when they lose several times or if they win more than a predetermined limit. all of this will be easy if we really have a strong determination to be safe gamblers and still have great responsibility in every bet we make and always pay attention to the right time to immediately stop the gambling session.
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Rufsilf
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January 31, 2024, 01:16:32 PM |
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Since the rush of adrenaline is connected with pleasure and reward, gambling may be quite stimulating and cause the release of dopamine in the brain. The thrill and suspense of gambling, in my opinion, can lead to a psychological reliance that makes it harder for us to see the bad effects of our actions. Even when there is evidence to the contrary, we can occasionally be so delusional and self-deceived that we think we can stop our gambling habits or that we will eventually recover our losses. There are moments when we turn to gambling as an escape from stress or real-life issues. However, the temporary comfort and diversion that gambling offers may obscure the detrimental consequences it has on our general health. Furthermore, from what I've seen in my country, some gamblers may find it more difficult to identify the warning signs of addiction due to peer pressure and the normalization of gambling in our community. I believe this is one of the reasons why they are unable to quit gambling. This is right and I think the compensation function of gambling for other issues people have in life is a first and significant sign that this can go into a bad and wrong direction for the gambler. Because one gambling is seen as an effective escape from stress from everyday life, that is when the danger comes into play. The only escape from real life issues is the solution to real life issues, but gambling is never a solution unless it is financial problems and someone hits the jackpot, but who does? I don't think peer to peer pressure is that big of a problem although I can't speak for all cultures in the world. It's not as it is with alcohol when people think you are weird if you don't drink. If someone doesn't gamble there isn't usually a peer pressuring that person into gambling. When I talk about peer pressure, I mean that some of your friends may try to encourage you to start gambling, especially if they themselves enjoy it. Of course, if you and your peers bond over gambling and you don't know what they are playing, you may fall behind. Some people, you know, are pressured to keep gambling in order to feel like they're not missing anything out or to share in the excitement that their peers seem to be experiencing. Furthermore, I meant to say that people may find it difficult to stop gambling if they receive encouraging feedback from their peers, such as praises for winning and encouragement to keep playing even after losing. It is becoming more and more common in my country for people of any gender to engage in gambling activities as long as they know how to do so. However, I have noticed that some of them are both irresponsible and responsible gamblers, so it really depends on the individual whether they want to join the group or not.
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LUCKMCFLY
Legendary
Offline
Activity: 2520
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Leading Crypto Sports Betting & Casino Platform
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January 31, 2024, 03:35:10 PM |
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<snip>
Yes, as a person who has some experience in gaming, it is necessary to highlight that when we are going to play in a casino, the first thing we should do is that, allocate our funds ready to lose, there is no other option, that is the first intelligent step. that must be done, because it is the only step that can help us avoid an imminent addiction, so for us to be successful in that we have to do the thing safely and the safest thing is like this, so far it is the method that I have found more effective, because we cannot say that when we are playing we can control ourselves, maybe a little yes, but later as the game develops it is very difficult, so the safest measures are so that it can be made more useful and effective So that something better can be done in the experience of the game, we as players with some experience know that when you allocate money willing to lose because these things are very difficult, one line ends, there is nothing more to do but assume. We have seen that on many occasions newbies always do the opposite, first they see or think how much they are going to earn or multiply their money, because there are some who come in saying, I have 40usd, I am going to take it to $10k, and although it is very possible it is It is quite difficult to achieve something like that, it is just difficult to bring it to 100usd now at such a large amount it is very unlikely that it will be lost, so we are people who should see everything only in terms of what has been seen and what has happened, etnopnces that also matters, When we are seeing everything that can happen we have in mind what can be possible, and this is just that one as a player must always avoid thinking, what is going to happen, because that is when all the possible mistakes begin to be made, this is not It's whatever, it always happens like that.
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AnonBitCoiner
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January 31, 2024, 05:23:19 PM |
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- Actually, that thing should become a habit for gamblers as much as possible, so in reality, that won't happen because there are others who are addicted to gambling and can't stop themselves from really stopping. In short, there is no room for self-control and self-discipline in themselves as well.
But if they already know how to apply self-control from the beginning, they will surely be able to know when they should stop gambling for sure.
In gambling if a person has no self control then no other humans can control him and no other person can guide him to stop gambling. If they are only concern with gambling and earning money then I don't think that they will ever stop gambling because addictive gamblers cannot live without gambling. If from beginning a person understand that gambling should not be taken too serious so he can stop gambling when needed. I think that a person should keep in mind about when to stop and don't change their mind because changing mind all the time can make a person addictive.
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l3pox
Legendary
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There's no need to be upset
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January 31, 2024, 05:58:04 PM |
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I like the idea of stopping when you are up. Better to stop playing after a sequence of wins than after losing it all The thing is that its hard to say “i had enough of this” specially if you are winning a lot Takes a lot of wisdom and practice to be able to do it.
Some will probably fail on this endeavor
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OgNasty
Donator
Legendary
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January 31, 2024, 06:04:08 PM |
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I think the issue of not stopping lies in that people want to win so bad, when they do it releases chemicals that make them happy. They’ve done it. They won and got the feeling they wanted. This is when people make a mistake. They want to ride that high and keep winning, which usually results in losing everything and being sad. Do yourself a favor and step away when you’ve gotten the rush of winning.
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borovichok
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January 31, 2024, 06:28:48 PM |
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The more time we spend gambling, the more we will experience continuous bigger losses. There are no consecutive profits when we gamble. So the first step that must be taken is to stop and not try to recover your losses because if you continue to gamble to chase your losses, you will only lose money. will experience increasingly unstoppable losses and it will be increasingly difficult to pursue them.
This is true. Losing in gambling triggers more attempts to gamble and the more we are pushed by this urge the easier it becomes to record irreparable loss. It is this urge that accounts for revenge gambling. Revenge gambling has led many gamblers into accumulating debts, depleting their savings and financial ruin. When this is the case, then emotional distress, anger, depression and a sense of hopelessness become inevitable as gamblers are trapped in a cycle of chasing their losses.
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Blitzboy
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 31, 2024, 08:31:03 PM |
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<snip>
Yes, as a person who has some experience in gaming, it is necessary to highlight that when we are going to play in a casino, the first thing we should do is that, allocate our funds ready to lose, there is no other option, that is the first intelligent step. that must be done, because it is the only step that can help us avoid an imminent addiction, so for us to be successful in that we have to do the thing safely and the safest thing is like this, so far it is the method that I have found more effective, because we cannot say that when we are playing we can control ourselves, maybe a little yes, but later as the game develops it is very difficult, so the safest measures are so that it can be made more useful and effective So that something better can be done in the experience of the game, we as players with some experience know that when you allocate money willing to lose because these things are very difficult, one line ends, there is nothing more to do but assume. We have seen that on many occasions newbies always do the opposite, first they see or think how much they are going to earn or multiply their money, because there are some who come in saying, I have 40usd, I am going to take it to $10k, and although it is very possible it is It is quite difficult to achieve something like that, it is just difficult to bring it to 100usd now at such a large amount it is very unlikely that it will be lost, so we are people who should see everything only in terms of what has been seen and what has happened, etnopnces that also matters, When we are seeing everything that can happen we have in mind what can be possible, and this is just that one as a player must always avoid thinking, what is going to happen, because that is when all the possible mistakes begin to be made, this is not It's whatever, it always happens like that. The golden rule I follow? Only play with what Im willing to donate generously to the casino. Not cynicism, but practicality in a joker's hat! The pleasure and suspense of the game are matched by the knowledge to know when to hold and fold. I've experienced and learned it. Beginners with starry eyes who want to make millions from pennies. Yes, the ambition! Admirable but fragile like a house of cards. I laugh, not to mock, but because I once felt I could beat the system. House wins every time. The real prize is accepting this and having the time of your life. I recommend gambling for the thrill, adrenaline, and camaraderie of other dreamers. Winning? Only the cherry on top. Remember that the journey is more important than the destination. With a little luck and strategy, those riches fantasies could come true. Let's enjoy the ride until then.
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Fredomago
Legendary
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Activity: 3080
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Leading Crypto Sports Betting & Casino Platform
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January 31, 2024, 09:40:50 PM |
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The more time we spend gambling, the more we will experience continuous bigger losses. There are no consecutive profits when we gamble. So the first step that must be taken is to stop and not try to recover your losses because if you continue to gamble to chase your losses, you will only lose money. will experience increasingly unstoppable losses and it will be increasingly difficult to pursue them.
This is true. Losing in gambling triggers more attempts to gamble and the more we are pushed by this urge the easier it becomes to record irreparable loss. It is this urge that accounts for revenge gambling. Revenge gambling has led many gamblers into accumulating debts, depleting their savings and financial ruin. When this is the case, then emotional distress, anger, depression and a sense of hopelessness become inevitable as gamblers are trapped in a cycle of chasing their losses. Your adrenaline push you to commit more mistakes, with the aim to recover your losses in a possible quicker way you add more to your bankroll, and like what you mentioned, it's possible to lose it as well since you are more aggressive and you want to win back, there's time that you might be lucky and able to recover but most of it, you'll end it losing since greed will start to dominate and control your emotions. You need to have that limitation and urge yourself not to fall with this kind of repetitive mistakes when you are participating in any form of gambling.
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temple
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January 31, 2024, 09:49:59 PM |
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When I talk about peer pressure, I mean that some of your friends may try to encourage you to start gambling, especially if they themselves enjoy it. Of course, if you and your peers bond over gambling and you don't know what they are playing, you may fall behind. Some people, you know, are pressured to keep gambling in order to feel like they're not missing anything out or to share in the excitement that their peers seem to be experiencing. Furthermore, I meant to say that people may find it difficult to stop gambling if they receive encouraging feedback from their peers, such as praises for winning and encouragement to keep playing even after losing. It is becoming more and more common in my country for people of any gender to engage in gambling activities as long as they know how to do so. However, I have noticed that some of them are both irresponsible and responsible gamblers, so it really depends on the individual whether they want to join the group or not. Yes yes, I got you. But I think that it depends on what kind of gambling we are talking about here. For example, if you are part of a poker round that frequently meets either online or in real life and plays for money, it is hard to pull back because everyone in that round will want you to stay involved. In sports betting it could be similar when people like to place bets together and visit the venue or watch the games on TV, but in regards to rolling the dice or slots I think it is less peer pressure as many people are doing it on their own. Could be different though if a friendship circle sticks to the habit of visiting a casino every now and then. That's where peer pressure could come into play again.
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Quidat
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January 31, 2024, 09:56:30 PM |
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The more time we spend gambling, the more we will experience continuous bigger losses. There are no consecutive profits when we gamble. So the first step that must be taken is to stop and not try to recover your losses because if you continue to gamble to chase your losses, you will only lose money. will experience increasingly unstoppable losses and it will be increasingly difficult to pursue them.
This is true. Losing in gambling triggers more attempts to gamble and the more we are pushed by this urge the easier it becomes to record irreparable loss. It is this urge that accounts for revenge gambling. Revenge gambling has led many gamblers into accumulating debts, depleting their savings and financial ruin. When this is the case, then emotional distress, anger, depression and a sense of hopelessness become inevitable as gamblers are trapped in a cycle of chasing their losses. Your adrenaline push you to commit more mistakes, with the aim to recover your losses in a possible quicker way you add more to your bankroll, and like what you mentioned, it's possible to lose it as well since you are more aggressive and you want to win back, there's time that you might be lucky and able to recover but most of it, you'll end it losing since greed will start to dominate and control your emotions. You need to have that limitation and urge yourself not to fall with this kind of repetitive mistakes when you are participating in any form of gambling. If you are on a situation on which emotions been mixed in then you would really be having those chances or odds those adrenaline rush on which it would really be causing for you to have those kind of actions whether it would be something that be just that fine or something that would be talking about negative. This is why it would really be always best that you should really be having that kind of self control on the time that you would really be dealing up with gambling. This is why it would really be that best that you should really be having that self control when it comes on dealing with gambling and not really just that making yourself that being impulsive just because you arent been able to hit up on the target that you do have in mind.
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danadc
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January 31, 2024, 10:02:26 PM |
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The more time we spend gambling, the more we will experience continuous bigger losses. There are no consecutive profits when we gamble. So the first step that must be taken is to stop and not try to recover your losses because if you continue to gamble to chase your losses, you will only lose money. will experience increasingly unstoppable losses and it will be increasingly difficult to pursue them.
This is true. Losing in gambling triggers more attempts to gamble and the more we are pushed by this urge the easier it becomes to record irreparable loss. It is this urge that accounts for revenge gambling. Revenge gambling has led many gamblers into accumulating debts, depleting their savings and financial ruin. When this is the case, then emotional distress, anger, depression and a sense of hopelessness become inevitable as gamblers are trapped in a cycle of chasing their losses. Your adrenaline push you to commit more mistakes, with the aim to recover your losses in a possible quicker way you add more to your bankroll, and like what you mentioned, it's possible to lose it as well since you are more aggressive and you want to win back, there's time that you might be lucky and able to recover but most of it, you'll end it losing since greed will start to dominate and control your emotions. You need to have that limitation and urge yourself not to fall with this kind of repetitive mistakes when you are participating in any form of gambling. If you are on a situation on which emotions been mixed in then you would really be having those chances or odds those adrenaline rush on which it would really be causing for you to have those kind of actions whether it would be something that be just that fine or something that would be talking about negative. This is why it would really be always best that you should really be having that kind of self control on the time that you would really be dealing up with gambling. This is why it would really be that best that you should really be having that self control when it comes on dealing with gambling and not really just that making yourself that being impulsive just because you arent been able to hit up on the target that you do have in mind. Emotions are something that we cannot control 100%, it is something that tells us because basically things are like that, when I am in the casino I usually have to control myself, I don't deny it, because there are times that I want to stay there and play and play until I win, but what stops me are my expenses, if I were a person who had a family where I am, they would give me food, I wouldn't have to pay for any type of service or something, well I think it would be a person who would spend more in a casino, but since I live in a country that is not my own, I cannot fail. If I fail in a payment, that's how I have the most problems with everything, the world is coming down on me, then there are times that I can't give myself that luxury of being completely happy, and that's just what every player has to find, one thing , a person, a family, for whom you must control yourself and not spend so much money, the more responsibilities, the more money it implies.
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Accardo
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January 31, 2024, 10:19:00 PM |
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I like the idea of stopping when you are up. Better to stop playing after a sequence of wins than after losing it all The thing is that its hard to say “i had enough of this” specially if you are winning a lot Takes a lot of wisdom and practice to be able to do it.
Some will probably fail on this endeavor
A lot of people struggle emotionally to know exactly when to stop their gambling session. The journey is on the gambler and how he's meant to manage his money. If a player is concerned about not losing out his hard-earned money, he wouldn't have to waste more time gambling while he's losing. The trouble happens to gamblers who think they're the parasites that could feed on the casino's money, not knowing that the casino operates with parasitism. A gambler with no goals, is like a traveler without a destination. He won't know when to stop. The goal of a gambler revolves around his gambling durations, money management, risk and strategies. However, when a player is not concerned about such things as gambling with cautions, he's free to do whatever is best by him.
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zuzie
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January 31, 2024, 10:34:37 PM |
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I like the idea of stopping when you are up. Better to stop playing after a sequence of wins than after losing it all The thing is that its hard to say “i had enough of this” specially if you are winning a lot Takes a lot of wisdom and practice to be able to do it.
Some will probably fail on this endeavor
Of course many people have ideas like the ones you convey above, but in reality there are still many that have not been realized because there are many inhibiting factors, one of which is a person's strong desire and belief, like the previous example, he wants to stop gambling because he has been around for a long time. . and maybe bored with this activity, but one day he wins a large amount, maybe this idea will disappear instantly because he will be tempted again to be able to win again by gambling again. I hereby agree with you that a wise attitude is needed to be consistent in making decisions so that the goal is not to become addicted and excessive in gambling.
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borovichok
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January 31, 2024, 10:48:53 PM |
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Emotions are something that we cannot control 100%, it is something that tells us because basically things are like that, when I am in the casino I usually have to control myself, I don't deny it, because there are times that I want to stay there and play and play until I win, but what stops me are my expenses, if I were a person who had a family where I am, they would give me food, I wouldn't have to pay for any type of service or something, well I think it would be a person who would spend more in a casino, but since I live in a country that is not my own, I cannot fail.
No doubt controlling emotions is difficult but not impossible. Knowing that you have a bill to pay is enough reason to control how you gamble but a lot of gamblers have failed in this regard. It even becomes pathetic when a person who has dependants cannot control his emotions during gambling. This has landed them in gambling problems and thereby, creating conflicts between them and their dependants. When people lose in gambling, they should forget about their loss, and act like it's nothing because when you try to win, you end up losing more. Our emotions go a long way in deciding if we will win or not. Emotional gambling makes us lose focus and we find it difficult to think and analyze games before we stake because what preoccupies our mind is recouping our loss. But then, it is not a rational step. The best thing to do is to take a pause today, not tomorrow. The importance of this lies in the fact that when we take a pause, our emotions are under control and we can make better selections since the mind is settled.
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