Invest in Bitcoin and avoid gambling.

[Jubilee58]

I want to share this with the community about a brother I know. I met my brother yesterday and he was telling me about him, he lost a lot of money playing casino and he can't get out of the casino. I told him repeatedly that you should stop gambling and stay away for a while and control yourself, he told me to show me a good way. I told him a few years ago about investing in Bitcoin, and then he told me that the value of Bitcoin is very high and he doesn't have that much money, I told him to invest continuously but he didn't pay that much attention then.
My brother came to me tomorrow and regretted that he made a lot of mistakes if he had invested in Bitcoin then he would have owned a lot of money but I told him that there is no point in regretting now. Later I told him that invest in Bitcoin, you can still invest if you want and hold it for a long time, you can make a profit in the future. Now he wants to follow a plan and wants to invest in Bitcoin continuously, I advised him to invest in the DCA method.

I also told him that you should stop gambling, it will lead you to ruin, rather you should invest in Bitcoin and you will achieve something good in the future. So I want to tell my community that if someone cannot profit from gambling, but rather suffers, they should stop gambling, and as an alternative, invest in Bitcoin and hold it, it is best.

Investing in bitcoin far more profitable than gambling. Majority of the gamblers are at loss if they should show you their gambling streak and only very few might be at profit. No gambling strategy is perfect and most times winning is not guaranteed. This is the reason why they say winning is by luck in gambling. Most gamblers have faced difficulty and frustration in the gambling journey and some too have quitted because of the confusion that gambling brought to them.
Gambling is not a guaranteed way of making money and is a game that is very difficult to predict the outcome  correctly.

Bitcoin has been tasted and confirmed that it rewards investors with long term strategy, and this strategy of long term investment works perfectly when it comes to bitcoin.
Bitcoin investment is only risky for impatient investors, and those whose wallets are compromised. If only you are a patient bitcoin investor and your wallet is well protected, you are sure of making profit on the long run.
Bitcoin is an investment unlike gambling, and every investment is bound to yield profit if followed with the right strategy.
When it comes to genue way of making money, there is no comparison between bitcoin and gambling because investing in bitcoin is a genue way of making money and far better than gambling.

[Humblevirus]

Some set of people are regretting now for wasting money on gambling, as they see others investing their money other thing like Bitcoin. If they had invested it, it could have been something great for them by now. When they think of their past, they feel regret, and that is how some people will continue to regret their actions if they do not stop gambling, because it is just a waste of money.The painful part is that when we start gambling and begin losing small amounts of money, it may seem insignificant at first. However, as we continue, we should be able to calculate the total amount we have lost. Some of us will be surprised at how large that amount has become, because it will surely add up to a very big sum of money.

So, let us be wise and smart. Save those small amounts of money, and when they reach a certain level, we can use them to invest, for example, in Bitcoin. Some of us have been misled into thinking that we should only gamble with money we can afford to lose. But the point is that if we continue gambling with small amounts we can afford to lose, when we calculate it monthly or after a few months, we will discover that it has become an amount we can no longer afford.So, do not let us be deceived by those small amounts. It is small things that come together to form big things. Let us invest even those small amounts, and gradually we will be able to accumulate something valuable over time.

[Bright0515]

There are lots of people like this that have no control of their gambling activities, they gamble as a source of income and that is actually the main problem, when a gambler is fixated on gambling as a main source of income it leads to chronic addiction and no matter how many times they lose they still continue hoping to get it right. If you tell these people to invest in Bitcoin you are just wasting your time. Making money from gambling isn't really guaranteed and people that say that investing in Bitcoin and gambling are the same thing are just ignorant

[Joeboy]

Gambling isn't entirely bad when it is done the right way.... In your brother's case, it was addiction and then probably the urge of doubling his money at brought about all of this... There are even a high level of possibility that your brother might still carry that same quick money mindset into Bitcoin and then begin to start trading his Bitcoin whenever the price goes up, and that could even worsen the whole situation since he could long term accumulation is much more better... OP since you are knowledgeable than your bro in Bitcoin, you could try giving more explanation to what you have already told him tell him to focus on a longer timeframe and try making him see reasons why short term mindset isn't the best when Bitcoin is concerned.... And more importantly he should have a means of income that he can very well generate his discretionary income which can help facilitate his accumulation...

[PremiumcryptoHub]

One thing you need to know is that you cannot give an addicted gambler any form of advice about investments that they will take, I'm saying this because I've tried it severally, I thought that if I could introduce them to crypto currency then maybe their attention would be divided from gambling and perhaps start putting those monies into it but gambling addiction doesn't makes every other thing senseless to them. If gambling addicts could us DCA to invest the money they lose in gambling everyday they would accumulate a lot of Bitcoin

As you say, if that person is addicted to gambling to a great extent, then he cannot be advised to invest in Bitcoin because he will not find it acceptable. Even if those gamblers are informed about cryptocurrency, that is, Bitcoin, they will not want to understand the potential, popularity and demand of this currency because such people will ignore investing in such currencies and their attention cannot be diverted from gambling. In any case, if every gambler in our country invested the same amount of money in Bitcoin as they are losing, they would be the most profitable.

[NurseHub]

Some times I dey ask myself how much wey person self dey invest for this bitcoin wey we dey talk about like this, all those small small weekly money abi na small money wey dey make from signature campaigns or na the one wey dey make in other part of life because if Yiu dey earn like 400k monthly which dey rare for Naija how much you want invest for bitcoin till you become the rich you want, maybe if someone stops gambling as you advice op they fit fine something else do no be invest in bitcoin, when them don stable them for use am invest in bitcoin.

Before we can do well in our Bitcoin investment we actually need to have some source of income to be able to go on we with investment because I don't see a way after stopping gambling all you now think is investing in Bitcoin with out doing anything to fetch you money you may sell your Bitcoin to settle your problem at the time. Make we think of business first any how small it is and then with time we can start investing in Bitcoin with any little money that is left with us.

Yes exactly what I was talking about, because the way op said it is seem like when you just stop gambling you go into bitcoin investment, nope you need to have a stable income and most times why people even gamble is because they are looking for a way to get stable maybe win huge then put the money into what will keep them stable, so in Naija gambling be like side hustle for some, and if that's the case it means that we need to dey get better job no be invest in bitcoin we suppose to dey talk now.

[Cgrexp]

There are lots of people like this that have no control of their gambling activities, they gamble as a source of income and that is actually the main problem, when a gambler is fixated on gambling as a main source of income it leads to chronic addiction and no matter how many times they lose they still continue hoping to get it right. If you tell these people to invest in Bitcoin you are just wasting your time. Making money from gambling isn't really guaranteed and people that say that investing in Bitcoin and gambling are the same thing are just ignorant

However, those who see Bitcoin investment and gambling in the same light are the ones who trade without understanding. We know that in trading, money is made by taking advantage of market fluctuations. Experienced people analyze, observe and plan based on their experience and make decisions. But those who are ignorant are the ones who mainly think only about profit and rely on luck and trade without any plan and think that they will be able to make money just like in gambling. Those who do not know about Bitcoin and those who are only greedy and ignorant about making money think of gambling and Bitcoin in the same way.

[Youngrebel]

Gambling is not something to an activity wey gamblers go leave am like dat. Op I understand weti you dey talk but investment no be some wey you go just go and do, you need to prepare yourself mostly as a gambler, if you no prepare yourself, you go use ur investment money dey gamble again until u go finish dem. E dey good to invest instead of gambling but I need to prepare am well before going to invest.

[Zigabel]

My brother came to me tomorrow and regretted that he made a lot of mistakes if he had invested in Bitcoin then he would have owned a lot of money but I told him that there is no point in regretting now. Later I told him that invest in Bitcoin, you can still invest if you want and hold it for a long time, you can make a profit in the future. Now he wants to follow a plan and wants to invest in Bitcoin continuously, I advised him to invest in the DCA method.

I also told him that you should stop gambling, it will lead you to ruin, rather you should invest in Bitcoin and you will achieve something good in the future. So I want to tell my community that if someone cannot profit from gambling, but rather suffers, they should stop gambling, and as an alternative, invest in Bitcoin and hold it, it is best.

You need to understand that they went into gambling because they had little funds that they want to multiply and not because they want to invest, they actually wanted a quick scheme to multiply that little money they have, so until they are able to get rid of that mentality first they will find it difficult to able to get into Bitcoin because with Bitcoin, they will need to further learn how to invest and not want a quick scheme of making money before they will be able to do better at Bitcoin, if they see Bitcoin as the solution to their too many losses they suffer as gamblers, it will make them approach Bitcoin like gambling and that alone will affect their entire Bitcoin journey such that they may not be profitable as an investor or trader as the case may be that they wan to join in o Bitcoin.

He will need to get rid of his mindset as a gambler and as much as possible may even take some time to improve his mind by studying about Bitcoin and its dynamics so that his approach will will be such that will get him profitable and as well give him that mindset he is supposed to have as a trader or an investor.

[Marykeller]

Because the Bitcoin price is on the high side, it is mainly one of the reasons newbies refuse to get hold of Bitcoin as a future asset. Well, we don't have to blame them really, because they lack the basic knowledge of Bitcoin.

I just hope you and your friend know better that it is not only by investing in Bitcoin through DCA means, it is about being security cautious of your Bitcoin, keeping your seed phrase safe, not connecting your wallet or clicking on links phishing links, and most importantly learning to stay anonymous about your Bitcoin investment. It won't sound good, that someone who has being successfully acquiring Bitcoin for long time gets to lose guard it to a common mistake they would have avoided

[Mpamaegbu]

~

Make I respond to u in a coded way and I believe sey u go understand wetin I mean. If u nor understand am, try go through dis OP and u go realize sey u dey pour sansan inside wetin dey garri u. Dat wan nor good na. E get as we dey take dish out comments wey dey affect wetin we dey do here, nor be hoohaa way. You gerrit?

[Pablo-wood]

There are lots of people like this that have no control of their gambling activities, they gamble as a source of income and that is actually the main problem, when a gambler is fixated on gambling as a main source of income it leads to chronic addiction and no matter how many times they lose they still continue hoping to get it right. If you tell these people to invest in Bitcoin you are just wasting your time. Making money from gambling isn't really guaranteed and people that say that investing in Bitcoin and gambling are the same thing are just ignorant

It all begins when they become desperate to make a big win out of gambling. Most people spend their whole day in gambling houses some even spend more time in gambling apps compared to the time the devote to other jobs and this eats into them causing to lose so much that their businesses begins to crumble leading them to focus more on gambling which finally ruin their life due to it's addictive power. Investing in bitcoin isn't the problem the problem is actually their ability to allow it yield profit because the urge to sell and gamble more might just ignite.

[Itz-prisigold]

Gambling isn't entirely bad when it is done the right way.... In your brother's case, it was addiction and then probably the urge of doubling his money at brought about all of this... There are even a high level of possibility that your brother might still carry that same quick money mindset into Bitcoin and then begin to start trading his Bitcoin whenever the price goes up, and that could even worsen the whole situation since he could long term accumulation is much more better... OP since you are knowledgeable than your bro in Bitcoin, you could try giving more explanation to what you have already told him tell him to focus on a longer timeframe and try making him see reasons why short term mindset isn't the best when Bitcoin is concerned.... And more importantly he should have a means of income that he can very well generate his discretionary income which can help facilitate his accumulation...

I am agreeing with you on this,  and for me, the problem here is just about the mindset. People might be saying gambling is for fun and you might think you are in control at first,  but the moment you begin to have the desire of quick wins,  just know the gambling has taken over. And if someone still take the same mindset to Bitcoin,  the person will start to trade for quick profits. This is the reason why new investors should not see Bitcoin as a tool for instant money.

Bitcoin is not for quick profits, it is about building something sustainable, you can start your investment journey with a small amount consistently and it will grow naturally,  and your investment journey can be much easier with the DCA method and it also helps to stay disciplined without feeling pressured. All you have to do is to focus on accumulating Bitcoin rather than quick flips. And having a steady source of income to generate a discretionary income will also help alot,  because it will allow you to invest without feeling pressured or stressed.

Any investor should know that,  the mindset matters more than the amount invested. Always avoid any trap of chasing quick wins,  that is just the real way to create something  meaningful with Bitcoin.

[Olatundespo]

You can have fun by gambling but you have to invest in Bitcoin with the funds you have available. Most new gamblers will gamble for fun, thinking that there is a lot of time left in the future to invest in Bitcoin. It is not surprising that your brother initially liked gambling and lost money by gambling instead of investing in Bitcoin. You told him to stop gambling but he continued to gamble for fun.

You need to have fun that is right but that is why you need to gamble with discipline. Set aside a portion of your discretionary income for fun and the majority fund for accumulation Bitcoin.

[yixichloro2xx]

With the story you, even if the person moves away from gambling to Bitcoin investments, they might still carry the same mindset. They already know that gambling will give quick profits, so they also look Bitcoin like that, the mind of holding for a long term will be very hard for them. They might even be trader. I think before entering Bitcoin, they should be enlightened properly about Bitcoin investments so that they won't make mistakes. Implementing DCA method isn't enough, they still need to be consistent, discipline and patient to hold through market ups and downs. Without that, even a good investment plan can fail over time badly

[Anayochukwu]

Op think say gambling dey easy to quit like that, e no dey easy at all because you don't know how long the person don stay in the game and you want him to just quit totally. Quitting gambling is a due process and not by forcing the person because even if you try to stop am e go still continue with his gambling because anything wey matter person e dey always take time before the person go start limit himself small small. So make we dey try to dey know say gambling no be wetin person go just quit like, so ah go advise say make you take jeje with am because no time wey no go fit invest in Bitcoin the most important thing na bring out mind first and know that Bitcoin no where to make money quick quick that is all.

All bad habits can be stopped if the addict willingly ready his/her mind to quit entirely. When you start feeding yourself reasons why it is too hard to quit addiction it will continue ruining your life, then it automatically affect how you prepare yourself for the change.

Instead of saying it is too difficult, let them know that the consequences will be far greater than the burden it will put on them if they choose not to identify the weakness and end gambling addiction, it may seem difficult but it is definitely possible.

Yeah, definitely. I think it's very simple to stop when the addict is willingly ready for it. Although it will still require sometime before everything will be permanently ok with them, but I think it's the willingness that matters more than anything else. At least they should be aware of what they are going through because it Makes it easier than when they are just gambling blindly. So no doubt at all because change is constant it can only take time that is just the truth about it.

[Donneski]

Op you did a good thing to help your brother learn about the advantages of investing in bitcoin but have you really helped in changing his behaviour? Because sometimes it's not just about investing in Bitcoin but the mindset of the person. For someone who's been chasing quick gains, he can easily carry that same mindset into Bitcoin and end up making poor decisions. You should make sure he doesn't see investment in Bitcoin as an alternative profit making shortcut. The best advice I'll suggest for him is that he should top gambling first then learn and approach Bitcoin with a long-term mindset and proper understanding.

[AmaGold70]

While we all look for a genue way of making money, it is necessary to invest our money where there is guarantee of making money if the right strategy is being followed.
There is no strategy that makes gambling look like an investment, as making money from gambling is majorly by luck, and is only few gamblers that are this lucky.
Investing your money in bitcoin can be a worthwhile investment decision. When you invest in Bitcoin with the right strategy, your reward is guaranteed. Bitcoin is mostly beneficial and rewarding to long term investors, when you invest in bitcoin and you are able to endure at least from five to ten years, you should be counting good profit. But in gambling, if you are not lucky enough, this period of five to ten years can become frustrating in the life of a gambler.

[Crypto_Timothy]

I also told him that you should stop gambling, it will lead you to ruin, rather you should invest in Bitcoin and you will achieve something good in the future. So I want to tell my community that if someone cannot profit from gambling, but rather suffers, they should stop gambling, and as an alternative, invest in Bitcoin and hold it, it is best.

Obviously normally your brother dey go through something a lot of people fit relate to, gambling has a way of pulling people inside, especially after losses and it becomes alot harder to step away because they are always trying to recover what is already gone, like many people are stuck inside this loop and just dont know how to step away. what you told him about Bitcoin makes sense, but it still has to come down to his discipline and his mindset, like whether it is gambling or investing, if there is no control, the outcome won’t change much at all, not like im compnaring both activities o, but if he lacks control in general, the result will remain the same. So it is good he is now willing to take a different path, but the focus should heavily be on consistency and avoiding the same mistakes that led him there in the first place.

[Big Dirams]

Op you did a good thing to help your brother learn about the advantages of investing in bitcoin but have you really helped in changing his behaviour? Because sometimes it's not just about investing in Bitcoin but the mindset of the person. For someone who's been chasing quick gains, he can easily carry that same mindset into Bitcoin and end up making poor decisions. You should make sure he doesn't see investment in Bitcoin as an alternative profit making shortcut. The best advice I'll suggest for him is that he should top gambling first then learn and approach Bitcoin with a long-term mindset and proper understanding.

That true you do have a point mate, it not just about investing in bitcoin it just the mindset and consistency that keeps our investment journey more interesting. When we put our mindset into something then definitely we will see positive outcome and our discipline will be in check.
 I know it will be a little bit challenging for him though but time will help in scale through the tough process but only when he his ready  to put in the right commitment and dedication towards it.


  The only mistake the OP brother could do is seeing bitcoin investment or any other investment as a quick money activity or quick profits. Such mindset towards investing shorten our journey and we end up making wrong decisions and a lot of regrets, missing opportunity also will occur so hope he understands this.