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Topic: 5 Mental Responses That Will Make You Lose Money - page 4. (Read 968 times)

member
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Merit: 38
This is really true, people who are going through this mental responses is due to loss of control to itself, many people feel this whenever they lose money due to gambling and other ways that make them lose their money. Especially in gambling, whenever you lose you always feel or believe that you will gonna win and keep betting even though you already have lost a lot of money and thinking that you still win.
Human brain is no doubt one of the most important component of the human body and that the ones who exactly know how to make the best possible use of the brain are the ones who are making lot of money and are amongst the world’s wealthiest persons. You can also be one of them but for that you need to make the best possible use of this thing so that you may also get what you want in your life.
hero member
Activity: 2884
Merit: 579
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3. What Goes Up Must Come Down
Sometimes we are very confident when we found a tipster that has the most accurate predictions. But we can't remember that not all the time is an holiday.

This is true, what goes up must come down so don't be too encouraged and optimistic when you are on the tip of your winning streak.
full member
Activity: 455
Merit: 102
1. nervous
2. too eager and never willing to be patient
3. small capital, and often feel worried
4. rash, no analysis and moment estimates, just referring to luck only
5. always think that victory will come and will have fun.
Your mind is the most important part of your body and that it is the part which controls rest of your body. You need to be sure that you are making the best possible use of your mind and that you are making the right decision at the right time. the moment you will lose control over your mind, there will be nothing left in your hands and that you will be responsible for all the losses which you will then suffer.
legendary
Activity: 3374
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To avoid all of those negative mental responses it's necessary to decide why do you gamble in the first place. If you think that you can improve your financial situation with gambling, that is definitely a wrong approach. Before starting playing you should think something like: "Okay, I will lose this money most likely, but at least I'll have some fun". You should never expect winning. On the contrary, expect the unexpected in the bad sense of the word. I play poker and I know that I may lose with a Full House to someone with Four of a Kind. And I can't do anything about that. If I have a Full House then there's always an option that someone has a Four of a Kind. It's very rare but it might happen and that's why we have to be prepared. If you are not ready to accept your losses you shouldn't even start playing.
hero member
Activity: 2912
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that often makes the gambler to lose a lot of money is being too quick to take decisions and always doubling bet every he accepted defeat and too rely on emotion without positive thinking.

what he needs is only a luck factor to get his money back but unfortunately, he cannot get his luck work beside him because no one will know when the luck will come and stay with us. and if you are using emotion only in the gambling games, then you are going to lose all of your money without stopping the games and I think it's not take a longer time to lose that money. be careful when you doubling your bet because you can lose more money and it is difficult to accept our loss.
sr. member
Activity: 644
Merit: 261
fatigue and emotion how it can happen because the defeat of the emotions want to continue to gamble so that the lost money can come back again but in fact defeat continues until the emotions can not be controlled again.
This is the reason why emotions should be controlled when it comes to gambling and if you can't control it then better not gamble at all but we know this is not the case especially for the gamblers who are getting addicted to gambling and more often than not, they are not objective anymore when they gamble as they are controlled by their emotions that's why their response to losing is often negative which may result to more losses. You can only avoid losing more money in gambling when you are in control of your emotions.

that often makes the gambler to lose a lot of money is being too quick to take decisions and always doubling bet every he accepted defeat and too rely on emotion without positive thinking.
Martingale strategy is ideal because it makes you get back what you lose with just one win but it is very risky too that's why what actually happens when someone use this strategy is losing his capital in one swoop since the more he lose, the bigger the bet he needs to get it all back and there are times when you are just unlucky.
legendary
Activity: 2898
Merit: 1253
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that often makes the gambler to lose a lot of money is being too quick to take decisions and always doubling bet every he accepted defeat and too rely on emotion without positive thinking.
People like you will only make gamblers lives worse. If they dont accept the loss then they are going to suffer from the future losses. There is no "Win" or "Defeat" in gambling. It would have been if the odds were not against the player like any other game like soccer, tennis. If you are going to play on a game where you are bound to lose why bother about defeat? You will b defeated eventually and so its better just to stop early.

fatigue and emotion how it can happen because the defeat of the emotions want to continue to gamble so that the lost money can come back again but in fact defeat continues until the emotions can not be controlled again.

Emotions need to be controlled. Its the basic need of gamblers to be able to get rid of their addiction.
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fatigue and emotion how it can happen because the defeat of the emotions want to continue to gamble so that the lost money can come back again but in fact defeat continues until the emotions can not be controlled again.
hero member
Activity: 2842
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I believe a better explanation to this is summed up in what you give you receive. The universe only gives you what you think, so if you go to a casino and think oh well I'm gonna loose but let's try chances are you'll loose. However if you go in with this affirmation today I'll win and I'm in the winning league then you see it'll happen. Give out positive affirmations and it'll work like a charm.

True mate. I believe that our ming is more powerful than our body. What our mind is thinking would definitely takes control of what will happen in the end. That is why if we do something big like if we want to go to a casino or even in online games, we should always think positive and always think that this is our lucky day. Positive thinking can help us with our strategy in life not just in gambling. I have been there and done that and honestly it really works for me.

Right, and if you think that you are mentally tough and have the correct mindset before entering a casino, then you are wrong. Because one you are loosing, everything changes, and the more you want to quit and just go home and not chase your losses, the more you are suckered it.

I don't know about positive thinking though, it is still based on pure luck and for me no amount of positive thinking will change the roll of the dice or the outcome of the game.

You just have to be prepared for the worst when you enter thee gambling world. Most of the time it breaks people and we know what the worst thing that can happen to us.
member
Activity: 196
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And also more like to get the money that they lost back.
I've seen tons of people doing this. And instead of making it back, they will just keep loosing.
Really crazy, but it is what it is. Tho.
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Activity: 420
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that often makes the gambler to lose a lot of money is being too quick to take decisions and always doubling bet every he accepted defeat and too rely on emotion without positive thinking.
sr. member
Activity: 462
Merit: 250
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This is really true, people who are going through this mental responses is due to loss of control to itself, many people feel this whenever they lose money due to gambling and other ways that make them lose their money. Especially in gambling, whenever you lose you always feel or believe that you will gonna win and keep betting even though you already have lost a lot of money and thinking that you still win.
full member
Activity: 364
Merit: 100
I believe a better explanation to this is summed up in what you give you receive. The universe only gives you what you think, so if you go to a casino and think oh well I'm gonna loose but let's try chances are you'll loose. However if you go in with this affirmation today I'll win and I'm in the winning league then you see it'll happen. Give out positive affirmations and it'll work like a charm.

True mate. I believe that our ming is more powerful than our body. What our mind is thinking would definitely takes control of what will happen in the end. That is why if we do something big like if we want to go to a casino or even in online games, we should always think positive and always think that this is our lucky day. Positive thinking can help us with our strategy in life not just in gambling. I have been there and done that and honestly it really works for me.
hero member
Activity: 2268
Merit: 789
I quite agree with the “ what goes up must come down” mentality because it’s one of the things that most consistent in the world and it doesn’t only apply to gambling but a lot of other scenarios as well.
That makes sense. Yes this mentality works out at every moment of life. Whatever field it is, what conditions are there, but still what goes up and to come down. This is how this world is running since the first day. Everything would see the best of its charm and shine and then it has to see the weird and worst of its other side. Gambling contains more coming down than going up.
Not even in just gambling, just like you said. That's just how the world works and it is going to be fair. To make sure there is a balance in life. That's just how I see it.
Gambling is great but you need to have control of yourself and make sure you know what you are doing.

In general, gambling creates this illusion wherein a person would continuously bet their resources regardless of the result. For example, if they win on a round they would continue gambling due to the thinking that they may win again on the next round. On the other hand, if they lost, they would still continue gambling due to the mindset of recovering back their losses- which ultimately makes their situation a lot worse.
Balance calls for the equilibrium among their decisions since they really need to control and to have self-discipline in order to know WHEN TO STOP gambling. This principle can also be used not just in gambling but in life also.

I believe a better explanation to this is summed up in what you give you receive. The universe only gives you what you think, so if you go to a casino and think oh well I'm gonna loose but let's try chances are you'll loose. However if you go in with this affirmation today I'll win and I'm in the winning league then you see it'll happen. Give out positive affirmations and it'll work like a charm.
That is the main mentality that makes a lot of people always end up losing big and not just losing big but getting addicted. I understand that you need to apply the law of attraction if you are really looking forward to win, but if you apply just that, then you are going to be heading yourself for destruction.

It is always important to always apply the law of reality as well, knowing that the chances of losing is still high irrespective of how much you really wish you win as this would help you keep your mental and emotional check balance.

Unfortunately, it is easier said than done. Most gamblers fail to realize and experience the reality behind their decisions whenever they gamble. Their mental capacity clouds their rational decision as they are stuck in this loop, hoping that gambling may help them financially but in reality- only makes their situation worse. People who experience such need to be supported and helped by relatives and family members so that he/she can cope from this dilemma.
hero member
Activity: 1092
Merit: 501
1 – Aversion to Loss

2. False Expert Belief

3. What Goes Up Must Come Down

4. Raising Stakes

5. Bandwagon Effect


https://degenbet.com/5-mental-responses-will-make-lose-money/
Some of it will cause you to lose your money but some of it can be used to gain a good profit. It is just you have to take the responsibility to believe on what do you invested instead of believing to some negative stuff which can cause you to become a weak hand holders and will tend you to lose all of your money.
Out of these five factors that you have mentioned in your comment, I personally like the confidence and emotions because these two are the main factors which play role in leading the gambler to a win or a loss. However, remaining three are also important but I think they play a side role in gambling but without them, the script in not complete. If we talk about the most important one, I think that will be the confidence.
Exactly confidence and emotion play a vital role in winning or losing of a game not only in gambling but also in other games you usually play in your life because both play directly with the mind of the person who plays gambling that’s why if the person is very confident and no emotions are present in him in case of gaming, then there are more chances for him to win the game.
sr. member
Activity: 812
Merit: 272
The raising stakes one is definitely one a lot of people fall victim to. I have even been a victim myself numerous times over the year, e.g. I'll just keep doubling up until eventually I win.... Until I get an unlucky streak and lose a lot of money. People need to understand statistics, they assume that they are the only score that matters, when in reality they are part of a cohort of people which constitutes the average. Just because extraordinary events seem unlikely to a single person, across a cohort it is quite possible, and the more times you double up, the more chance you're going to get screwed.

I agree this one is the worst of all.

All the others make you lose your bank, but this one makes you get a mortgage and gamble your house away in the belief you're going to break even.

I've lost almost a BTC with this  Angry
Your mind plays a key role when it comes to that of the making of money as it is your mind which can help you in making some better decisions and that without using your mind efficiently, it gets very much difficult for you to handle the situation in the best possible way and that you need to do the things in a way which can then help you in having some better results. Do not over stress yourself and that stay active all the time.
hero member
Activity: 2408
Merit: 584
1 – Aversion to Loss

2. False Expert Belief

3. What Goes Up Must Come Down

4. Raising Stakes

5. Bandwagon Effect


https://degenbet.com/5-mental-responses-will-make-lose-money/
Some of it will cause you to lose your money but some of it can be used to gain a good profit. It is just you have to take the responsibility to believe on what do you invested instead of believing to some negative stuff which can cause you to become a weak hand holders and will tend you to lose all of your money.
Out of these five factors that you have mentioned in your comment, I personally like the confidence and emotions because these two are the main factors which play role in leading the gambler to a win or a loss. However, remaining three are also important but I think they play a side role in gambling but without them, the script in not complete. If we talk about the most important one, I think that will be the confidence.
jr. member
Activity: 490
Merit: 2
1. nervous
2. too eager and never willing to be patient
3. small capital, and often feel worried
4. rash, no analysis and moment estimates, just referring to luck only
5. always think that victory will come and will have fun.
hero member
Activity: 1694
Merit: 502
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Sometimes you will win and sometimes you will lose, that is gambling. You can`t win if you don`t lose first, who ever gamble knows that .You need to gamble and gamble and when you lose to not get in those mentioned state if mind, if you do then you will make bad decisions, like going all in in hope that you will win something big. Most of us been there, and maybe every gambler needs to pass trough that stage.
full member
Activity: 759
Merit: 105
1 – Aversion to Loss

2. False Expert Belief

3. What Goes Up Must Come Down

4. Raising Stakes

5. Bandwagon Effect


https://degenbet.com/5-mental-responses-will-make-lose-money/
Some of it will cause you to lose your money but some of it can be used to gain a good profit. It is just you have to take the responsibility to believe on what do you invested instead of believing to some negative stuff which can cause you to become a weak hand holders and will tend you to lose all of your money.
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