Why don't the rich people get addicted easily?

[Mastercon]

When you get to talk about it, then you're rich.

If you don't then you are wealthy.

Man yet another friend of mine loses their bitcoin. It’s difficult not to take these as personal failures but man how hard is it to just store your private key!!
Addiction can be of any kind. Gambling addiction is one. When someone is addicted to gambling then its the end of their financial stardom. Sincerity I mean actually wanting to implement a bitcoin policy that makes sense and is handled properly, for the good of the citizens. Good to believe in bitcoin's value proposition but to want to seize it all and use it only for international trade and keep your nation on fiat internally. You arbitrarily define Bitcoin. You can make it whatever you want. But a network of 1 is useless. You need to convince everyone else your code is the best code. A node enforces their definitions of what Bitcoin is by verifying and validating each transaction and block.

Keep your own wallet. Don't allow any exchange to hold your bitcoin. Exchanges have been known to be "hacked" and "lose" everyone's bitcoins. I also disagree u can’t be early when bitcoin is the top6 biggest market cap asset in the entire planet and large corps and governments are buying it. My approach would be backing up at the Bitcoin protocol level, not the file system level. Sounds like a security exposure to me. Bitcoin. Right now, if you were to create such a thesis say, it would do nothing but contribute to the pile of junk science in this topic. Stay here with us for a few months.

If they don't believe stableshitcoins are fractionally reserved, remind them that stableshitcoin #1 was found to be backed by shitcoin gambling to the tune of 74% of its value the last time it was audited. I'm honestly very hopeful some of these etf's crash and burn and dampen this gambling strategy where they don't hold any of their own coins. where they get on stages at conferences and call people advocating for holding their own coins "naive maxis"

[Wakate]

But it not true that poor gambler are at a higher risk of addiction. Just look on the following example. Poor person wants to make money through gambling, makes his bets and stop gambling when he runs out of money or have risky low amount of them. Rich person can gamble longer, place more bets, get more dopamine or turn gambling into a frequent activity because its fun. Who is easy to get addicted, the one who gamble once, or the one who can gamble 1000 times?

When the rich gamblers, they are not really bothered even when they lose money. This is because they have different investments that can easily give them multiple times of that money but to a poor gambler, the chance of staying out of gambling is very hard. Every gambler need to know their own status because intend to gamble recklessly.

We don't always make money from gambling which is why we ought to know when to gamble and when to stay out of it. Finance is the first factor to consider as a gambler. If you don't have the money, you can gamble less and gradually accumulate your bankroll with time. Gambling to make huge amounts of money in a single bet is greed.

[rachael9385]

It will be hard for you to see a rich man behaving rudely in gambling, because for them to have maintained this level of pedigree in riches takes a serious minded person to work hard and they wouldn't want to waste all their efforts to reckless gambling habits, this also does not justify that all the rich gamblers are not addicted, few are, but most of them have a coordinated pattern of gambling not have more fun in a responsible manner without being addicted.

You are right, most wealthy people acquired their wealth through discipline so it's going to be hard for them to just throw all their hard work away to a wreckless habit. Rich people don't have money issues so unlike a broke man that tends to become more addicted and obsessed because he's trying to make gambling a source of income, a rich man only gambles for fun and even if he ends up losing it doesn't affect him that much

[Hanadawa]

You are right, most wealthy people acquired their wealth through discipline so it's going to be hard for them to just throw all their hard work away to a wreckless habit. Rich people don't have money issues so unlike a broke man that tends to become more addicted and obsessed because he's trying to make gambling a source of income, a rich man only gambles for fun and even if he ends up losing it doesn't affect him that much

Rich people only gamble for fun. So they have no motivation to earn money and become rich from gambling. Yes, rich people can also be obsessed with jackpots even though their money is actually much bigger than the jackpot prize. So they will not be depressed if they lose thousands of dollars but have not won the jackpot. They gamble, lose, then go back to work. This is different from poor people. They gamble with the motivation and hope of winning the jackpot. Poor gamblers always hope to win the game and get a few dollars for their life. That is why if they lose they will be depressed and continue gambling to get back what they have lost. And rich people do not have such traits so rich people find it difficult to get addicted to gambling. -CMIIW

[Frankolala]

It will be hard for you to see a rich man behaving rudely in gambling, because for them to have maintained this level of pedigree in riches takes a serious minded person to work hard and they wouldn't want to waste all their efforts to reckless gambling habits, this also does not justify that all the rich gamblers are not addicted, few are, but most of them have a coordinated pattern of gambling not have more fun in a responsible manner without being addicted.

You are right, most wealthy people acquired their wealth through discipline so it's going to be hard for them to just throw all their hard work away to a wreckless habit. Rich people don't have money issues so unlike a broke man that tends to become more addicted and obsessed because he's trying to make gambling a source of income, a rich man only gambles for fun and even if he ends up losing it doesn't affect him that much

A rich man has a strong financial strength and whatever he gambles with wouldn't affect him financially, which makes it easy for them to let go of their losses. Unlike a poor man that will gamble with his last funds and expect a miracle to happen. However, life is all about discipline if a rich man gets carried away with gambling, he will become addicted but that doesn't mean that he will get broke.

[Dr.Bitcoin_Strange]

It will be hard for you to see a rich man behaving rudely in gambling, because for them to have maintained this level of pedigree in riches takes a serious minded person to work hard and they wouldn't want to waste all their efforts to reckless gambling habits, this also does not justify that all the rich gamblers are not addicted, few are, but most of them have a coordinated pattern of gambling not have more fun in a responsible manner without being addicted.

You are right, most wealthy people acquired their wealth through discipline so it's going to be hard for them to just throw all their hard work away to a wreckless habit. Rich people don't have money issues so unlike a broke man that tends to become more addicted and obsessed because he's trying to make gambling a source of income, a rich man only gambles for fun and even if he ends up losing it doesn't affect him that much

That's true, rich people who knows the dedication, discipline and time and energy it took them to make wealth will always be mindful of how they spend, even if they want to have fun with gambling, they can only spend the money that their real income source  can easily generate back in just a short period of time and not being too attached like the poor gambler who want to make it just out of the bloom.

[LUCKMCFLY]

, it is said that an idle mind is the devil's workshop...rich people cannot be addicted to Gambling because of this reason

It's the only way, I think that rich people see it as something that can make a difference, like killing time, leisure, in some cases this will give them morbid curiosity, there are many types of people who are in casinos for different reasons, some because they need the money, others because they have fun , others because they don't have anything else to spend it on, sometimes rich people have so much money and don't know what to spend it on that they go to casinos just to pass the time without caring what they spend.

[laijsica]

But it not true that poor gambler are at a higher risk of addiction. Just look on the following example. Poor person wants to make money through gambling, makes his bets and stop gambling when he runs out of money or have risky low amount of them. Rich person can gamble longer, place more bets, get more dopamine or turn gambling into a frequent activity because its fun. Who is easy to get addicted, the one who gamble once, or the one who can gamble 1000 times?

When the rich gamblers, they are not really bothered even when they lose money. This is because they have different investments that can easily give them multiple times of that money but to a poor gambler, the chance of staying out of gambling is very hard. Every gambler need to know their own status because intend to gamble recklessly.

We don't always make money from gambling which is why we ought to know when to gamble and when to stay out of it. Finance is the first factor to consider as a gambler. If you don't have the money, you can gamble less and gradually accumulate your bankroll with time. Gambling to make huge amounts of money in a single bet is greed.

Rich gamblers can easily fill the void of losing money because they have more financial capacity than poor gamblers and they have sufficient backup funds. I think rich gamblers seek to win but are not too greedy. They manage their bets realistically and consider losing periods as learning periods. Every stage of the winning or losing season in the game is spent in gaining experience.

For poor gamblers winning and keeping themselves busy in making money is most of the time the main thing. They may become experienced over time but in reality they cannot apply it in the workplace due to lack of self control.

[Fivestar4everMVP]

, it is said that an idle mind is the devil's workshop...rich people cannot be addicted to Gambling because of this reason

It's the only way, I think that rich people see it as something that can make a difference, like killing time, leisure, in some cases this will give them morbid curiosity, there are many types of people who are in casinos for different reasons, some because they need the money, others because they have fun , others because they don't have anything else to spend it on, sometimes rich people have so much money and don't know what to spend it on that they go to casinos just to pass the time without caring what they spend.

You are very right about different people being in the casino for different reasons, but another thing that I think is also right is that rich people actually do get addicted to gambling as well, though their addiction may not likely and affect them negatively like it affects the poor man, except on occasions where the addiction is on a very high level, one I usually will refer to as a chronic gambling addict.

So aside a chronic gambling addict, it is hard to find out if a rich person is addicted to gambling or not, while it's pretty easy to know when a poor person is addicted to the same, and this is because a rich man has a lot of person to cover himself up, he doesn't go borrowing, asking friends for aid after maybe having encountered series of loses, but a poor man will likely do, and thereby exposing himself.

[Lanatsa]

But it not true that poor gambler are at a higher risk of addiction. Just look on the following example. Poor person wants to make money through gambling, makes his bets and stop gambling when he runs out of money or have risky low amount of them. Rich person can gamble longer, place more bets, get more dopamine or turn gambling into a frequent activity because its fun. Who is easy to get addicted, the one who gamble once, or the one who can gamble 1000 times?

When the rich gamblers, they are not really bothered even when they lose money. This is because they have different investments that can easily give them multiple times of that money but to a poor gambler, the chance of staying out of gambling is very hard. Every gambler need to know their own status because intend to gamble recklessly.

We don't always make money from gambling which is why we ought to know when to gamble and when to stay out of it. Finance is the first factor to consider as a gambler. If you don't have the money, you can gamble less and gradually accumulate your bankroll with time. Gambling to make huge amounts of money in a single bet is greed.

Rich gamblers can easily fill the void of losing money because they have more financial capacity than poor gamblers and they have sufficient backup funds. I think rich gamblers seek to win but are not too greedy. They manage their bets realistically and consider losing periods as learning periods. Every stage of the winning or losing season in the game is spent in gaining experience.

For poor gamblers winning and keeping themselves busy in making money is most of the time the main thing. They may become experienced over time but in reality they cannot apply it in the workplace due to lack of self control.

It all matters about financial capacity on which you are definitely right on what you have said that the main reason on why these rich guys doesnt that get easily addicted because they can fill up that losing void and thats why they would be that confident that they can still play up, but of course it doesnt mean that they are that exempted on getting addicted on which there are those rich fellas that ending up on sleeping on the streets because they have lost up everything because of too much addiction with gambling. Actually its not that bad to gamble as long you do know about into your limitations because if you dont have that proper control when it comes to financial or bankroll then you do end up on getting broke. Gambling could easily that make your life miserable when it comes to money if you arent that good or being sensible into the things that you've been that dealing up with it. You do need up that control and discipline when it comes into this manner if you dont like to have that regret in the end.

Focusing into those rich people then these are individuals who can be able to play up anytime,anywhere they do want because they do have that financial capacity on which not all will be having on doing so. There are those times that rich people are having that more control in compared into those who are poor because when it comes to desperation levels then they are the ones who do easily lose control because of that kind of trait or behavior. Although there's no assurance that they wont be that losing off that control too or they do still that become addicted. It will be that depending on a certain person because we do have different approach towards gambling on which neither be that treating it as an entertainment or making money or income source.

[shasan]

Who told you that ich people do not get addicted easily, I think you are  wong and I think most of the gambler are rich people. If rich people do not get addicted on gambling then how the gambling sites running. Do you think it is supportive only by the poor people who think 10$ is too much? If you think so then I think you are in the kingdom of foolish people.

[passwordnow]

Rich gamblers can easily fill the void of losing money because they have more financial capacity than poor gamblers and they have sufficient backup funds. I think rich gamblers seek to win but are not too greedy. They manage their bets realistically and consider losing periods as learning periods. Every stage of the winning or losing season in the game is spent in gaining experience.

The rich have funds but they are not unlimited, they're more disciplined because money that's lost, they can still recover it. And they're chill because if they are not calm, they're going to lose everything that they have worked hard for. The mindset of poor and the rich are different. The rich can still come back through the means that they have and the poor will continue to chase their losses which leads them to destruction and lose of focus in life because they are having hard time to recover unlike the rich, they have something to get busied with.

[mak013]

Who told you that ich people do not get addicted easily, I think you are  wong and I think most of the gambler are rich people. If rich people do not get addicted on gambling then how the gambling sites running. Do you think it is supportive only by the poor people who think 10$ is too much? If you think so then I think you are in the kingdom of foolish people.

I played one online game with donation long ago. Staff seller told me that the main income he get from small donators. For 1 big donate he get 1000 small donates and it brings much more profit.
Rich people don`t have a silly idea that they will bet last $10 and become rich instantly. They just play for fun.

PS. Of course, there are rich gambling addicts too, but they have much more chances to avoid it than poor gamler.

[bakasabo]

Rich gamblers can easily fill the void of losing money because they have more financial capacity than poor gamblers and they have sufficient backup funds. I think rich gamblers seek to win but are not too greedy. They manage their bets realistically and consider losing periods as learning periods. Every stage of the winning or losing season in the game is spent in gaining experience.

The rich have funds but they are not unlimited, they're more disciplined because money that's lost, they can still recover it. And they're chill because if they are not calm, they're going to lose everything that they have worked hard for. The mindset of poor and the rich are different. The rich can still come back through the means that they have and the poor will continue to chase their losses which leads them to destruction and lose of focus in life because they are having hard time to recover unlike the rich, they have something to get busied with.

I think different in poor and rich mindset is about how they use their money, but not that one chase losses, but other dont because he has a lot of money. Even rich people chase losses and dont want to lose. Being rich does not mean that money came to them easily.

I think people incorrectly understand the way rich people gamble. I think they believe that if they bet $1-50, then rich people also gamble like that, and loosing $100 during evening is nothing for them and they dont chase that loss. Imo rich people make large bets and similarly feel bad when they lose that money, similarly some of them chase losses, similarly make mistakes and turn addicted.

[eisen33]

I think different in poor and rich mindset is about how they use their money, but not that one chase losses, but other dont because he has a lot of money. Even rich people chase losses and dont want to lose. Being rich does not mean that money came to them easily.

I think people incorrectly understand the way rich people gamble. I think they believe that if they bet $1-50, then rich people also gamble like that, and loosing $100 during evening is nothing for them and they dont chase that loss. Imo rich people make large bets and similarly feel bad when they lose that money, similarly some of them chase losses, similarly make mistakes and turn addicted.

You have to look at it from the start like this: the rich became rich because they treat money differently. They are able to collect capital, they are able to work so that money brings them even more money. The poor are not able to do this, they do not have the knowledge for this. And of course, if you risk one dollar, you should not count on a big win. The rich bet more, but the rich can lose more. I do not think that the rich and the poor in gambling are somehow very different in their approaches or results.

[hedgeh0g]

Rich gamblers can easily fill the void of losing money because they have more financial capacity than poor gamblers and they have sufficient backup funds. I think rich gamblers seek to win but are not too greedy. They manage their bets realistically and consider losing periods as learning periods. Every stage of the winning or losing season in the game is spent in gaining experience.

The rich have funds but they are not unlimited, they're more disciplined because money that's lost, they can still recover it. And they're chill because if they are not calm, they're going to lose everything that they have worked hard for. The mindset of poor and the rich are different. The rich can still come back through the means that they have and the poor will continue to chase their losses which leads them to destruction and lose of focus in life because they are having hard time to recover unlike the rich, they have something to get busied with.

I think different in poor and rich mindset is about how they use their money, but not that one chase losses, but other dont because he has a lot of money. Even rich people chase losses and dont want to lose. Being rich does not mean that money came to them easily.

I think people incorrectly understand the way rich people gamble. I think they believe that if they bet $1-50, then rich people also gamble like that, and loosing $100 during evening is nothing for them and they dont chase that loss. Imo rich people make large bets and similarly feel bad when they lose that money, similarly some of them chase losses, similarly make mistakes and turn addicted.

Yes, of course we cannot know who got big money from the rich people with great difficulty, and who just got a huge inheritance. I think that the first category simply cannot lose everything, because they understand what they went through to achieve this. Although if at the genetic level addictions stick to them easily, then they can lose everything to the last cent. The worst thing here is that usually such respected people can be given loans by their friends from business or colleagues, of which there can be quite a lot. Theoretically, you can drive yourself into such a deep debt hole from which it will be almost impossible to get out, so the rich can have huge problems if they do not stop in time.

[LUCKMCFLY]

Aside their value their money, they have huge funds for them not to cling on gambling to win more.

For me this is how it is, of course a millionaire or rich person takes care of their money to the maximum, I have seen that some people are selfish with themselves, that is something that I do not see well either, however they take care of their money so much that they know that in casinos money is Easily lost and that hurts them a lot, in fact that is what all of us should learn, at least think a little more that way.

[rachael9385]

I don't think that people who have or are part of high-income or wealthy people do not get addicted. They do, and sometimes it is a different thing, not just gambling, but sometimes it is substance abuse because they don't get to really be happy with what they have. It's not a lot, but I know that there would be people who get addicted, but the majority of wealthy people know how to control themselves and how to discipline themselves.

Wealthy people get addicted to gamble but the damage it causes them can't be compared to that of a poor man. If a wealthy man decides to go all in and take a huge risk that goes sideways he has a chance of getting back on his feet unlike the Poor man that might struggle after losing everything he has. This is why it's always said that gambling is for rich people, they can take risks comfortably without getting ruined by it

[GiftedMAN]

I don't think that people who have or are part of high-income or wealthy people do not get addicted. They do, and sometimes it is a different thing, not just gambling, but sometimes it is substance abuse because they don't get to really be happy with what they have. It's not a lot, but I know that there would be people who get addicted, but the majority of wealthy people know how to control themselves and how to discipline themselves.

Wealthy people get addicted to gamble but the damage it causes them can't be compared to that of a poor man. If a wealthy man decides to go all in and take a huge risk that goes sideways he has a chance of getting back on his feet unlike the Poor man that might struggle after losing everything he has. This is why it's always said that gambling is for rich people, they can take risks comfortably without getting ruined by it

In other words the rich has something to fall back to when they experienced losses in gambling unlike the poor who will be troubled, struggle, affected physically and emotionally after losing in gambling. Gambling is meant for everyone but the poor should take caution when they go all in knowing that they may find it difficult to rise again when they lose all they have.

[Agbe]

I have seen exactly this somewhere before that the rich people are less addicted to gambling. I think this is because they are gambling not to make money, unlike someone that is not rich. I have seen people that are not rich going to a betting shop before betting on parley with little amount of money like $1 for odds of over 10 to 1000x. They will keep doing this and they will keep losing. Rich men will not think like this because they will likely not expect luck like people that are not rich. Also rich people have sources of income that is right for them which will let them not think of gambling as one.

True the rich is not gambling from the point of view of  making money they gamble for relaxation sake and so they are not under any pressure to make money which is the major cause of gambling addiction the if a statistics is to be taken of those who has been struggling with gambling addiction the percentage of rich people who are addicted will be very small because the rich doesn't see gambling as their top priority to make money