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Author Topic: Be careful with people's money  (Read 2559 times)
Mate2237
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August 12, 2024, 12:37:59 PM
 #341

This has been a problem foe unfaithful married couples families and in most time the problem or the gambling comes from a woman. When her husband gave her money to go to the market to buy some food items for the house, she used it to play gamble thinking that should would double the money so she could buy more things in the market and she end up losing all the money in the gambling and go home empty hand.
Man or woman, some really gamble irresponsibly.

Maybe this is your personal experience? Because a lot of what I have seen it is the husband that are more into gambling not the wife.
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And another worse story of it is that students who are gamblers used their school fees to gamble and loss all to gamble. And the best way to save those money be a someone's money or money that he or she wants to use it to do important is to avoid gambling at all cost at that time.
I have seen this happen many times as a parent we should make sure that our kids know better. I think not being able to trust them to do the right thing is an indication that I have failed to teach my children properly
That's right, anyone can gamble irresponsibly if they have the wrong thoughts about gambling, because with their wrong thoughts it can make them addicted and when they are addicted, what can happen is something that carries a big risk, such as losing a certain amount of money. Apart from that, even though they have lost a lot of money because of gambling, that doesn't mean they will stop, because with their addiction it will make them think about borrowing money or even stealing to do the gambling they want again.
Children should not know about gambling before they are adults, and when they are adults they don't need to be told, I think they will still know about gambling which is currently popular among society. because their social interactions can make them familiar with gambling outside the supervision of their own parents. actually it doesn't matter if they gamble as long as they can control themselves by gambling using their personal money and don't let them go beyond their limits such as forcing them to gamble by borrowing other people's money or using other people when they have run out of money to gamble, that's the problem that must be avoided.
We must know what is gambling and if what is this can bring to us.


this can ruin our life if treated wrongly .
As a woman before they gamble they have to budget the money that will be use in the family and other expenses so that they wouldn't not gamble with the whole funds. And really many men who are into chronic gambling are irresponsible to gambling and they gamble with thinking of the future. And they didn't think of will happen if they lose all.

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imamusma
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August 12, 2024, 02:19:53 PM
 #342

We must know what is gambling and if what is this can bring to us.

this can ruin our life if treated wrongly .
Even using the ones that belong to us alone can still ruin our lives. As a gambler, using the money you have and spending it without limit to how much you can spend in gambling and ending up spending the entire money you have can drag the person back to starting life afresh, which is the same thing as damaging the person's life. It will only take as much effort for the person to pull back on what they have lost.

Of course, regardless of whose money you use to gamble if you basically gamble in the wrong way which tends to be excessive then it has the potential to destroy your life in the long run, but there may be a slight difference where when you gamble using other people's money then the problem will be more complicated while when you gamble using your own money and lose a lot of money then all the impacts will only be felt by yourself, or in other words you will not bring other people into your problems.

The point is never to put excessive expectations on gambling, understand that gambling is not a get rich quick scheme, it is nothing more than a playground, limits will be easily applied when you already know and understand the real concept of gambling, and you will also never dare to use other people's money just to gamble.
I agree with you, that it is better to never take too big a risk to gamble, because we can no longer control the impact that will arise in the future. The situation will be fine if you are lucky, on the other hand there will be many burdens to bear if you lose. Those who provide loans will also collect their money according to the agreement, if you borrow it from a friend, we must also return it. Then what if we fail to pay it off, it will certainly make the situation even more complicated. Therefore, it is better not to borrow money to spend at the gambling table, it is not the right place to try your luck. Gambling with a little money is better, because it does not have a negative effect on our personal and family lives. In my opinion, every gambler must understand this well, do not let the pleasure sought be the misery that is obtained.

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Victorybit1
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August 12, 2024, 09:53:48 PM
 #343

I have read many news that someone will mismanage people's money. I read one about a university student some years ago that gambled with the money contributed by his course mates. The main reason that is causing the money mismanagement is either trading or gambling, but I read more about gambling online. Some can be because of other reasons.

There is another one that I read today that people thought he ran away with people's money but he later confessed that he lost it to gambling. It is about a solana-based cypher developer, he confesses that he lost $300K of user funds to gambling.

The core developer of the Solana-based cross-margin decentralized exchange (DEX) admitted his wrongdoing in a public statement shared in a May 14 X post:

“To address the elephant in the room, the allegations are true, I took the funds and gambled them away. I didn’t run away with it, nor did anyone else.”

His statement on X:
https://x.com/hoakbuilds/status/1790434490877129007

https://docs.google.com/document/d/10ta9quGGrmTNE1Pi7MlgLgSx9zxEqQdkbBfis1pmHrM/mobilebasic

If you ever find yourself gambling with people's money it means that your gambling addiction has become uncontrollable and this might put you in lot of trouble. I don't even advice you to use anyones money to do whatever you think is better and profitable than gambling be it crypto trading or forex trading. In a situation where you gamble with someone's money without thinking of you the consequences at that moment is the addictive phase of gambling no matter how desperate you are there are some lines you shouldn't cross, this is one of them

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August 12, 2024, 09:59:28 PM
 #344

I have read many news that someone will mismanage people's money. I read one about a university student some years ago that gambled with the money contributed by his course mates. The main reason that is causing the money mismanagement is either trading or gambling, but I read more about gambling online. Some can be because of other reasons.

There is another one that I read today that people thought he ran away with people's money but he later confessed that he lost it to gambling. It is about a solana-based cypher developer, he confesses that he lost $300K of user funds to gambling.

The core developer of the Solana-based cross-margin decentralized exchange (DEX) admitted his wrongdoing in a public statement shared in a May 14 X post:

“To address the elephant in the room, the allegations are true, I took the funds and gambled them away. I didn’t run away with it, nor did anyone else.”

His statement on X:
https://x.com/hoakbuilds/status/1790434490877129007

https://docs.google.com/document/d/10ta9quGGrmTNE1Pi7MlgLgSx9zxEqQdkbBfis1pmHrM/mobilebasic

If you ever find yourself gambling with people's money it means that your gambling addiction has become uncontrollable and this might put you in lot of trouble. I don't even advice you to use anyones money to do whatever you think is better and profitable than gambling be it crypto trading or forex trading. In a situation where you gamble with someone's money without thinking of you the consequences at that moment is the addictive phase of gambling no matter how desperate you are there are some lines you shouldn't cross, this is one of them
On the time that you do already up with this kind of move or decisions then you are indeed no doubt already a gambling addict. No one on their right minds would really be that making use of others money just for them to gamble but on the moment or time that you are already addicted into it then making up proper or right decisions would already be that hard on this case. Due into that kind of gambling urge then you would really be definitely not minding about on the risks that you are really might be able to encounter on or something that you would really be needing up to face on. It is really just that too shameful on why there would really be those individuals who would really be acting something like this on which this shows on how addicted you are on playing with gambling. This would really be that a result of too much gambling and
on the moment that you do get become impulsive then you cant really be able to do anymore something right. Regrets do always happen in the end and this is why you should really be that careful on whatever actions that you would really be that taking.

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August 12, 2024, 10:53:49 PM
 #345

I will advise on this, if you know you have this kind of weakness in dealing with financial resources, then don't hold other peoples money at hand if you're a gambler, you may gamble with he money before realizing the depth of the mistake being made already, as individuals, we should also try in our own best in helping people of this category out by not leaving our money or other peoples money with them, they cant be trusted on anything than to gamble.

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Nwada001
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August 12, 2024, 10:57:26 PM
 #346

If you ever find yourself gambling with people's money it means that your gambling addiction has become uncontrollable and this might put you in lot of trouble. I don't even advice you to use anyones money to do whatever you think is better and profitable than gambling be it crypto trading or forex trading. In a situation where you gamble with someone's money without thinking of you the consequences at that moment is the addictive phase of gambling no matter how desperate you are there are some lines you shouldn't cross, this is one of them
You said there are some lines someone should not cross, no matter how desperate they are. Do you know what being desperate means?
 
When you are desperate for something, there is nothing that you can't do at that point in time in order for you to feed that desire or whatever arose from that desperacy in you, so saying there are lines someone should not cross when they are desperate is, in my opinion, impossible.
 
The person should not even get addicted to gambling in the first place because once they get addicted, it's hard for them to control what they can do and what they can't do.

 
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betswift
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August 13, 2024, 07:09:15 AM
 #347

I will advise on this, if you know you have this kind of weakness in dealing with financial resources, then don't hold other peoples money at hand if you're a gambler, you may gamble with he money before realizing the depth of the mistake being made already, as individuals, we should also try in our own best in helping people of this category out by not leaving our money or other peoples money with them, they cant be trusted on anything than to gamble.

I agree. Use the money you've got, and don't do it otherwise, because it can end really bad in so many ways possible.

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August 13, 2024, 07:57:00 AM
 #348

I will advise on this, if you know you have this kind of weakness in dealing with financial resources, then don't hold other peoples money at hand if you're a gambler, you may gamble with he money before realizing the depth of the mistake being made already, as individuals, we should also try in our own best in helping people of this category out by not leaving our money or other peoples money with them, they cant be trusted on anything than to gamble.
Sometimes the problem may be that the player hopes to win and pay off the debt, in this case it seems to me that the danger of losing all the money is even higher, firstly, he will understand that he will need to pay off the debt as quickly as possible, and haste in gambling is equal to losing, secondly, if he has not been able to win with his money by this time, then why did he decide that something should change with the borrowed money, most likely they will also be lost. And in this case, there will be even more problems, because in addition to losing, he will still have to pay back the money he borrowed. You can't pay off a debt with a new debt, this will simply continue the chain of problems.

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August 13, 2024, 08:00:42 AM
 #349

I will advise on this, if you know you have this kind of weakness in dealing with financial resources, then don't hold other peoples money at hand if you're a gambler, you may gamble with he money before realizing the depth of the mistake being made already, as individuals, we should also try in our own best in helping people of this category out by not leaving our money or other peoples money with them, they cant be trusted on anything than to gamble.
Sometimes the problem may be that the player hopes to win and pay off the debt, in this case it seems to me that the danger of losing all the money is even higher, firstly, he will understand that he will need to pay off the debt as quickly as possible, and haste in gambling is equal to losing, secondly, if he has not been able to win with his money by this time, then why did he decide that something should change with the borrowed money, most likely they will also be lost. And in this case, there will be even more problems, because in addition to losing, he will still have to pay back the money he borrowed. You can't pay off a debt with a new debt, this will simply continue the chain of problems.

Unfortunately, that's true. People in dire situations tend to see the rays of light as will save them, but these rays would be from an anglerfish of sorts rather than from the Sun. It usually doesn't end well, and your last sentence is totally true.

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August 13, 2024, 08:32:52 AM
 #350

I will advise on this, if you know you have this kind of weakness in dealing with financial resources, then don't hold other peoples money at hand if you're a gambler, you may gamble with he money before realizing the depth of the mistake being made already, as individuals, we should also try in our own best in helping people of this category out by not leaving our money or other peoples money with them, they cant be trusted on anything than to gamble.
it is very likely that other people's money can be used for gambling, especially if we really like to gamble and have a little financial shortage. the desire to continue gambling will haunt and that drives them to gamble even though they are using other people's money. also I think many people borrow money whose main purpose is to gamble again when they like to gamble but their finances are unstable, besides that I think when they are addicted to gambling then anything will be done to be able to make money and use it again for gambling.

gambling with money that is not ours is certainly a mistake, although it may be possible to return it because the gambling he did managed to get a profit but I think if the person who has the money knows the profit he gets comes from gambling maybe they could be angry, that's why we must be able to be self-aware to gamble reasonably according to our own financial capabilities. being responsible for everything that is done is a must, but when gambling using other people's money I don't think that is included in being responsible.

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August 13, 2024, 09:32:48 AM
 #351

You said there are some lines someone should not cross, no matter how desperate they are. Do you know what being desperate means?
 
When you are desperate for something, there is nothing that you can't do at that point in time in order for you to feed that desire or whatever arose from that desperacy in you, so saying there are lines someone should not cross when they are desperate is, in my opinion, impossible.
 
The person should not even get addicted to gambling in the first place because once they get addicted, it's hard for them to control what they can do and what they can't do.

Impossible? No! Nothing is actually impossible but sometimes we see things as impossible due to our weakness. Every gambler is desperate to win but then some of us do that with caution and play responsibly knowing that being desperate for win will not make us to win. For others, they think desperation would make them force the win to their ways while they play without applying wisdom.

Indiscipline gives birth to desperation which eventually lead to excess addiction. You can be addicted and still be using your brain to know the limit or lines not to cross especially with someone's else money in your possession. Some addicts are just partially foolish and using addiction as excuse for their foolishness.











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August 13, 2024, 11:38:45 AM
 #352

I will advise on this, if you know you have this kind of weakness in dealing with financial resources, then don't hold other peoples money at hand if you're a gambler, you may gamble with he money before realizing the depth of the mistake being made already, as individuals, we should also try in our own best in helping people of this category out by not leaving our money or other peoples money with them, they cant be trusted on anything than to gamble.
Yes, that is right because we only risks ourselves if we try to manage other people's financial. Let them manage by themselves and we do with our money so we can stay away from the problem that can occurs. If we often playing gambling, we may use other people's money to gambling with the hope we can wins much money and we can give back the money to them. But that will not always happens as we want because we must know that gambling will not lets us or other people wins easily.

We must consider about what will happen if we use other people money to playing gambling and that can be a bad thing for us because they can asks for that money while we lose their money in gambling. That can damage our relationship with them and we will difficult to give the money back. Even if we have responsibility when playing gambling, that doesn't mean we can have that in gambling because we must realizes that we are weak and can lose much money in gambling.

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August 13, 2024, 11:44:14 AM
Last edit: August 16, 2024, 02:46:01 AM by Oluwa-btc
 #353

There have been many cases like that where people misuse other people's money for their own interests, for example gambling with the money in the hope that they can multiply the money and make themselves rich. Gambling using other people's money is a very stupid act, because gambling is uncertain when you win or lose, and you will most likely lose, so gambling using money you shouldn't gamble with is very risky and should be avoided.

Be it any reason or sort of,money should be spent and managed properly it might not literally be for gambling only but in ever areas.
I know some persons would tend to spend money in their possession because they don't work or sweat for it but their own money they would want to spend it wisely and judiciously.

A certain man in my area was arrested for this,he get hold of people money like some sort of contribution but it got to a point it amounted to millions, nobody knew how the money vanished to thin air,he couldn't give account aof it and he can't pay back,like it would take him years to do,so they got him arrested and even laid curses on him,he had to sell properties and all that just to meet up..
So definitely money management shouldn't be just on gambling but in every aspects of one's life money should be managed properly.

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August 13, 2024, 12:16:40 PM
 #354


Of course, regardless of whose money you use to gamble if you basically gamble in the wrong way which tends to be excessive then it has the potential to destroy your life in the long run, but there may be a slight difference where when you gamble using other people's money then the problem will be more complicated while when you gamble using your own money and lose a lot of money then all the impacts will only be felt by yourself, or in other words you will not bring other people into your problems.

The point is never to put excessive expectations on gambling, understand that gambling is not a get rich quick scheme, it is nothing more than a playground, limits will be easily applied when you already know and understand the real concept of gambling, and you will also never dare to use other people's money just to gamble.
I agree with you, that it is better to never take too big a risk to gamble, because we can no longer control the impact that will arise in the future. The situation will be fine if you are lucky, on the other hand there will be many burdens to bear if you lose. Those who provide loans will also collect their money according to the agreement, if you borrow it from a friend, we must also return it. Then what if we fail to pay it off, it will certainly make the situation even more complicated. Therefore, it is better not to borrow money to spend at the gambling table, it is not the right place to try your luck. Gambling with a little money is better, because it does not have a negative effect on our personal and family lives. In my opinion, every gambler must understand this well, do not let the pleasure sought be the misery that is obtained.

True, as you said that we will never be able to control the impact that will befall us, there is nothing else but to accept it, and that is why decision making must always be measured, in the sense of never making a decision that you can never bear the consequences of, because of course in the end it will only increase regret and emotion. And also you have explained in detail about the consequences of borrowing money from other people just to gamble which in essence is the pressure that is felt will definitely feel more significant because of the actions of the person who lent you money who will continue to force and collect debts from you.

Overall borrowing money just to gamble is the same as you taking two risks that can cause much more significant impacts and pressures, and that is why the idea of ​​borrowing money just to gamble is always a prohibited idea, and actually there is no problem in the act of borrowing money, but people generally use the borrowed money only for anything that is emergency or to build a business that has a fairly certain return potential, while that does not exist in gambling.

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August 13, 2024, 04:48:52 PM
 #355

I will advise on this, if you know you have this kind of weakness in dealing with financial resources, then don't hold other peoples money at hand if you're a gambler, you may gamble with he money before realizing the depth of the mistake being made already, as individuals, we should also try in our own best in helping people of this category out by not leaving our money or other peoples money with them, they cant be trusted on anything than to gamble.
It is true that people who gamble are hard to believe. Once the addiction of gambling consumes them then they start gambling without thinking about other people's money. All people think about their future and accumulate money so it is better to stay away from this category of people. No one can give exact guarantee that gambling will win so it becomes a difficult matter to refund someone else's money. It is better to maintain self-discipline and stay away from these gamblers when it comes to money.

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betswift
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August 13, 2024, 08:18:54 PM
 #356

I will advise on this, if you know you have this kind of weakness in dealing with financial resources, then don't hold other peoples money at hand if you're a gambler, you may gamble with he money before realizing the depth of the mistake being made already, as individuals, we should also try in our own best in helping people of this category out by not leaving our money or other peoples money with them, they cant be trusted on anything than to gamble.
It is true that people who gamble are hard to believe. Once the addiction of gambling consumes them then they start gambling without thinking about other people's money. All people think about their future and accumulate money so it is better to stay away from this category of people. No one can give exact guarantee that gambling will win so it becomes a difficult matter to refund someone else's money. It is better to maintain self-discipline and stay away from these gamblers when it comes to money.

Yeah, it's about your own sake first, and for the sake of that person as well. Maybe with no funds to go, he will get what situation he is currently in, but usually, the realization clicks on too late to change something, unfortunately.

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August 13, 2024, 09:37:51 PM
 #357

I will advise on this, if you know you have this kind of weakness in dealing with financial resources, then don't hold other peoples money at hand if you're a gambler, you may gamble with he money before realizing the depth of the mistake being made already, as individuals, we should also try in our own best in helping people of this category out by not leaving our money or other peoples money with them, they cant be trusted on anything than to gamble.
it is very likely that other people's money can be used for gambling, especially if we really like to gamble and have a little financial shortage. the desire to continue gambling will haunt and that drives them to gamble even though they are using other people's money. also I think many people borrow money whose main purpose is to gamble again when they like to gamble but their finances are unstable, besides that I think when they are addicted to gambling then anything will be done to be able to make money and use it again for gambling.

gambling with money that is not ours is certainly a mistake, although it may be possible to return it because the gambling he did managed to get a profit but I think if the person who has the money knows the profit he gets comes from gambling maybe they could be angry, that's why we must be able to be self-aware to gamble reasonably according to our own financial capabilities. being responsible for everything that is done is a must, but when gambling using other people's money I don't think that is included in being responsible.
On the moment that you would really be having that kind of shortage and if you've seen that there's money that you could make use on then this is something that your main consideration on making use of it
and would really be having those thoughts that you would really be that giving it back or would really be that paying it on the time that you are able to win up that gambling session but we do all know
on how gambling works and on how you would really be able to end up. If you would really be having this kind of approach on things then it would really becoming that a disaster.

This is why it would really be that important that you should really be that at least realistic on the things that you are really that dealing with and never ever make yourself having that kind of
option on the time that you have lost all your money. You are really just that basically making things even more complicated on the time that you are spending someones money.
Never ever do that if you do really want to have a peaceful life. It would be better you do lost all of your funds but not into those other people.

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August 19, 2024, 08:40:11 PM
 #358

The simple thing is that one should not gamble with another person's money. Gamblers due to lack of capital and abundant excitement to gamble often take money from other people in the guise of "loans", "investments" and so on just to fund their gambling habit. They will mostly lose the money and and turn up to pay it back.

I would say never take another person's money just to put in a risky state. You have zero idea what that person did to get that money and you need to respect that. Gamble with money that you can afford to lose from your pocket only.

You are right but many a times hile anyone become addicted the person can't imagine which funds he has own and which he has not and one more important thing is that when the person become winner many people may think the person knows good way to make money and they may want to use the fund of those person to make money for them too.

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September 03, 2024, 10:44:49 AM
 #359

There have been many cases like that where people misuse other people's money for their own interests, for example gambling with the money in the hope that they can multiply the money and make themselves rich. Gambling using other people's money is a very stupid act, because gambling is uncertain when you win or lose, and you will most likely lose, so gambling using money you shouldn't gamble with is very risky and should be avoided.
Unfortunately, gambling with people's money is very risky, inappropriate and most of all an irresponsible act from someone.The earnings from gambling are possibly not fixed and that's obviously not a good signal.

Normally,making money from gambling might sound easy,but it's not as easy as it seems.It's generally illegal to risk someone else and risking more of yourself into a huge debts as that.
If you intend to make money, you should know that e can't make a living out of gambling and it's takes only a few people to make lots of money from gambling wisely.

Gambling with people's money is a top tier failure; you've failed as a person initially,it actually not a good feeling and it doesn't end well.

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September 03, 2024, 11:20:36 AM
 #360

I remember a cousin of mine who got into trouble because he managed to confuse some numbers of people to contribute some money for trading purposes and it was going well, those people are taking some commissions and this makes them to even gather more people and the total amount increased, but one day a big trade took place and they lost the money, this made my cousin to run from a city to another, he later was called in for questioning in a police station, and finally he was forced to return the whole amount little by little.

He is someone I cared about so much, I ended up helping him out, it was a very bad time but I had no choice, today he is a free man and he learned his lessons, trading and gambling are high risk play, you are better off using your very own money, don't take from others.


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