Topic: Healthy mindset to save earnings from gambling - page 4. (Read 1402 times)

It's true. Gamblers lose their winnings because they want to make something extra and a little more than what they won. I am a gambler myself, and I often win double what I deposit. But, most of the time, I want to round the figure. For example, I deposited $20 and won another $20. My balance is $40, but I wanted to round it to $50.

Guess what happens, then. I end up losing them all, including my deposit. We always think we may be able to win a little more, and most of the time, we continue to gamble after having a win. We should have cashed out a portion of the winnings so we don't lose them all.

and it all comes back to each others mindset because everyone has different thoughts and as long as they have a strong determination to live a better and healthier life without gambling its better to have broader thoughts.

Usually, people who win in gambling but not able to cash out or save their winnings and I think this has something to do with a Healthy mindset.
If you do not have the intention to save the wealth, you will lose all your winnings by risking them again in another gambling bet.

Only a mentally strong person who has control over emotions and have money management skills would be the real winner here and will become rich eventually.

But on average, if someone has started to know gambling, he will experience a gambling addiction again. And even though he is a bettor, he might also experience the same thing because this is a gamble that can make someone go back to gambling easily. But before we become addicted and addicted to gambling, we should be able to feel that we have started to get addicted, so we have to reduce the time we gamble and divert our attention to other things. This is to avoid addiction that can increase at any time, and we can also have good self-control from time to time.

Saving money is a good approach to having  a healthy mentality as a gambler. I know many gamblers that have nit established the habit of saving there money for a better time like using it to open there own business and making money from it. Anytime we have a big win, it is will be wise for us to keep part if it for saving purpose.
 
This will help us even when we are having a bad day, it will remind us that we have some savings somewhere that we can use to fix ourselves. Gambling winnings are not meant for only flexing and carrying bitches for the main time. Keep part for future investment is a trick for better achievement as a cryptocurrency gambler.

Enormous earnings from gambling will definitely make us grow more bigger and desperate to place wagers on games. We have to do what we are able to, because gambling methods differs. I always make references to my risk management before wagering on games. Gambling is never is not an option to generate income, rather we should stick to other alternatives that would gives us steady flow of income. It's very important we have a legitimate and genuine path to make income, extra cash can be produced from gambling activities, that is certain and understandable.

I don't particularly agree with what you're saying but there's some truth to it. You would lose control of yourself and your finances soon as you succumb to the profit-centric mindset when gambling. But if you remained clear of and only ever gamble for the hell of it/entertainment, you best believe you'd be able to enjoy all your gambling shenanigans without stress over losing your money, or losing overall. I've seen people go crazy about losing 300 bucks in one go, can't say I blame them since that's a lot of money in the first place, but had they remained thinking that gambling is nothing but a mere pastime they wouldn't go so far as to bet beyond their means and would've probably just gambled what they think was enough and what they can afford.

However, if we place gambling only for entertainment then we will not always be active in gambling games but only for betting on sports teams or favorite fighters, .

If someone positions gambling to get additional income from each bet then you behave badly in handling your gambling activities, the effect will bring all other finances to gambling and you cannot control yourself for every bet that has been placed in gambling. However, if we place gambling only for entertainment then we will not always be active in gambling games but only for betting on sports teams or favorite fighters, they also use the minimum betting funds because they are not aiming to get profit from the bet, they also anticipate losses if the results the bet didn't live up to expectations and they won't regret it if they lose from gambling.

For those who make gambling to make money, this is a very ridiculous thing and this will be very detrimental for them, they can even spend all their assets on gambling. I agree with you if we think of gambling as a place to seek entertainment, this will benefit us if we experience victory and we can accept it if we experience defeat.

In fact, if managed properly and correctly, people who gamble can earn money and that can be additional income for them. But what's wrong is when gamblers focus too much on their gambling activities and leave other things, even to the point of selling the assets they have just for gambling. If someone has reached this point, his life has been ruined because of gambling.
And because of this a gambler must have good mentality and psychology in order to be able to balance his life and his gambling activities, so that it will not harm him and those around him.

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For those who make gambling to make money, this is a very ridiculous thing and this will be very detrimental for them, they can even spend all their assets on gambling. I agree with you if we think of gambling as a place to seek entertainment, this will benefit us if we experience victory and we can accept it if we experience defeat.

it will not be difficult if we understand how gambling works and it will be easier when we are not yet a gambling addict. for example, like you are a bettor but have no signs of addiction and this method can be used to prevent you from becoming addicted. because if you know how gambling works, of course you not let too much of your money go into gambling and always bet small amounts.

To simplify, you have the choice of gambling either for enjoyment or as a way to earn money. These two approaches involve distinct attitudes towards gambling. When you gamble for fun, you don't necessarily have a long-term objective; you focus on the present and relish fortunate moments. Conversely, when gambling serves as a source of income, consistency is crucial to achieve long-term profitability.

In both cases, discipline remains a key requirement, which already explains a lot.

For those who make gambling to make money, this is a very ridiculous thing and this will be very detrimental for them, they can even spend all their assets on gambling. I agree with you if we think of gambling as a place to seek entertainment, this will benefit us if we experience victory and we can accept it if we experience defeat.

Or simply if you are that someone who are really that impulsive when it comes to things then for sure you would really be that easily get that affected whenever you do able to experience up some losses on which it is
really not that recommendable for you to engage up with gambling if you are really that a kind of person on whose you are really that making out those kind of reactions and possible alteration of your actions on the time you would really be able to experience it. Gambling is really just that for fun and you should really be that prepared on speaking about losses which would really come in the way and always have that limit amount that you would really be spending into it and never ever tend to go beyond those lines or borders so that you wont really be finding yourself that on a tough situation because usually people do make out bad decisions on the time that they would really be getting addicted to it. You should know on when to pull out or stop mid way when you are in profits and in speaking about losses then you should know on how you do call it a day and completely stop and dont make up the situation getting more worst. Gambling is for leisure but it turns out that other people do make out that kind of treatment which its the other way around which its not really that recommendable.

But in reality, gamblers who are too enthusiastic make gambling a place to make a lot of money, even though they don't know what the risks will be. The gambler who wants to get rich overnight places a lot of bets hoping to hit the jackpot, but in the end he loses all his money. this will be dangerous and become addictive. mindset like this will make gamblers always panic and get emotional. I stay away from that mindset and think of gambling more as entertainment.

Well, the good news for that is everything can be learned for free so that you will have the right mindset when the time will come to you that you will get rich. I know it's hard to get rich but that's just the tip of the iceberg because the situation will be a lot more difficult than what it is as when the situation is already there, you will have to maintain that wealth and be more stable in life without losing any as much as possible.

I will like to inform you that if you also have the mindset and refused to take action there will be nothing left for you to have at the end of the whole show, many people have won a large amount of money that is good enough for them to remain ever rich and successful in life but later you will discover that they have squandered the whole money back to gambling and wareward life and remain poor instead of them to have taken necessary actions to invest with the money.

Perhaps it was on a lottery that everyone thinks that they can be rich very quickly through gambling. And if that happens then they made their dreams come true. But if we go back to what the OP posted, it is still the mindset that makes the difference here.

And even if we won big, but we have poor mindset, then in just matter of years, those winnings will be gone for good. But if you have a positive mindset that after winning, you know what to do with your money then you will not get broke again, or even you can continue to gamble and enjoy for the rest of your life.