Topic: I am only trying to stay safe by gambling less - page 12. (Read 3074 times)

But we always recommend using bitcoins as an investment tool and not for gambling because it is more profitable if those people can keep their bitcoins properly and sell them at peak prices. But sadly, these people don't seem to know that there is a better way to make money than just gambling. They can play gambling, but they also have to have Bitcoin to save.

And I agree with only using the money you can afford, even if it's investing in Bitcoin, because it's riskier if they use almost all of their money to invest in Bitcoin. They will find it difficult to survive and to make ends meet. But the possibility of getting a bigger profit by investing in Bitcoin.

Well, I think trading lose you something and that's your mental health at some point, it's not that really good if you're in there all day especially for a day trader unless you're using some bots. There's always an underlying risk on both and that's their similarities, they could really be the same thing it's just trading can come as more into education.

Trading and gambling is not the same as we all know that in trading we can surely make a profit your money will grow and grow while in gambling there are small percent of winning which is we need to have our luck in our side in order to win a good amount but if we don't have our luck then surely we loss. And also in gambling we need t9 control ourselves because self-discipline is the key to not engage in addiction.

How come gambling and trading are same things gambling leads you to some serious problems sometimes but trading is a beneficial thing you don't loose anything .
In gambling you loose you money which you have earned by working hard .
Yes you win in gambling too but that is risk .

  -  Others, like gamblers, make money from gambling thinking that they always have the luck to win, something that doesn't always happen like that Which is the opposite of trading.

Because most people also know that trading is an opportunity that can be a job when you know how to conduct trading activity that you know how to get income from it every day. But if it just started trading, there is no assurance that you will get profit every day.

Both gambling and bitcoin investments are all risky type of investment or making money, and I always categorise them in the same place.
If you say that bitcoin trading has to do with reading of chats and knowing what to do. Also in gambling you have to study the game you want to play, know the winning rate and past history before you can make fortune in gambling.

The only difference is that one is called an investment why this one is gambling.
Nevertheless in both of them you are also advised to play with whatever you are willing to lose. But in all bitcoin is a real and prestigious investment while gambling is always seen as an unethical acts.

What many gamblers fails to understand is that gambling less does not solve it all in challenges associated to gambling because if you reduce the rate at which you gamble does mean you will gave more tendencies for winning, neither does it makes you have more experience about gambling or how to manage yourself or personal life, to an extent it may work for the gambling addicts but not the total solution, you can't because of gambling less also deprived yourself from having fun in gambling whenever you wish to, there must be a balance that if you're gambling, you're not missing out in some aspects of gambling or your life at the cause of this.

Intriguing argument you've got there! It's like an enigmatic code, asking, do we gauge success merely by our treasury's depth and the fancy label we sport? The allure of quick fortune can be overpowering, particularly in a world where we're often appraised by our material possessions. Yet, do the risks equate to the glittering rewards?

Gambling, it's like any other obsession. It's less about the act, more about the veiled triggers - discontentment, self-esteem deficiency, longing for validation. Rather than branding the sufferers, shouldn't we opt for more preventive strategies? Enlightening on prudent fiscal discipline and the perils of addiction might deter a few from stumbling into this snare.

The anecdote about your acquaintance truly illuminates the core issue - the seduction of immediate reward and the illusion of meteoric success. But is this viable or just a fantasy? I propose fostering an ethos of diligence, tenacity, and incremental progress might instill healthier societal norms. How does that sound to you?

It's weird that they are trying to make you look like a gambling addicted (even though they are ones who gamble a lot) just because you invest in bitcoin. Did you say something to them about their gambling habit and tried to make them feel bad, and now as a retaliation and to pull your legs, they are teasing you by saying you are a gambling addict because you make investments in bitcoin? Anyway, show them the charts. Show them in the long run you make profit as long as you are holding. But in casinos, in the long run, you are most like to lose money. Now ask them again, if gambling in a casino and investing in bitcoin is still the same..

nowadays people are so focused on material things like having the latest phones, branded shoes, suits, luxury cars, they want to be in luxury hotels, they don't want to be in jobs that pay low wages and because of that thinking and that when they are going to place bets, they put a lot of money right away to also win a lot of money quickly, I happened to ask someone from my country one day why he made multibet bets with odds of up to @50.00 and I was shocked by his answer, he told me it was because he wanted to make a lot of money fast and that for him to win in a simple bet was a misery that for him it was so little it was as if he had lost money and time

I was looking at him and curiously when the result of the game came out he lost a bet I saw in his eyes that he was almost crying because he lost a bet, so I thought: this guy is one step away from addiction, he only thinks about making a lot of money and I even disregarded my bets because I considered little profit and in my country there are many people with that kind of thinking, for them it is better to lose a lot and one day win a lot to the point of becoming very rich, and that is how many people think and become addicted to gambling, other cases because of people suffering abuse and humiliation at work, they enter the world of gambling thinking that they will earn a lot of money and will be able to quit their job

I agree, let them swim on the sea of misinformation.  After all they are the one who will look noobs when they keep on spouting such non-sense.  Another thing is don't argue with people that has lower intelligence like you, they will only pull you down and beat you in their level of game.  Since their belief has no effect on you, let them live and go on with their misinformation.


That is also my suggestion.  Nothing is worst than arguing with hard headed people.  Let them experience that they are wrong and they themselves will change their belief if they are enlightened about the difference between gambling and investing.

Exactly my point. I've made a previous comment regarding this topic and I'm surprised this is still going on, perhaps because to some people the difference between gambling and trading isn't as apparent as they wanted it to be. Regardless, these two can't be looped in the same boat since trading is centered around yielding profits by studying the market, gathering disciplines and knowledge bases that will help you get there, as well as the fact that there's just a higher margin of profit for trading than gambling. Gambling on the other hand takes no skill, is centered around entertainment and shouldn't be used as a substitute for ways to get a profit, and most of all is a very risky ordeal, with potentials of you losing more money than you had when you first gambled being higher.

Gambling and investing are two completely different things. But for these two things you must go with the principle of losing money. Still we know that gambling is a totally luck based platform if you are lucky you can win from gambling platform. But in most cases, chances of losing in gambling will be high. Investment, on the other hand, is a trustworthy and less risky business than gambling. If you have losses after investing, you can hope for recovery. There you can never be disappointed that your money is disappearing all at once. So from here we can consider the difference.

Realization isn't necessarily rare. It comes to everyone, especially people that have succumbed to gambling addiction. The problem is that it only ever comes to these kinds of people when everything's too late and they have already lost everything. Their money, their family, their friends, etc. And even then when they have already known that it's gambling that has brought them to this point in their lives, they wouldn't have the courage to stop, either because they are punishing themselves over the fact that they ruined their lives, or because of gambler's fallacy and sunk-cost fallacy which makes them go back to the gig "to take their losses back eventually" which is just not going to happen, some even go so far as to commit suicide when they find out that they've ruined everything and they start to think that there's no way they are getting out of this pickle.

They can realize if there is a will from within them that what they are doing is wrong and try to reduce their activity in gambling gradually. They can do it, but most don't want to try to make the first step to reduce gambling. Instead of cutting back, they sink deeper and deeper into the addiction without being able to get out of it and they also think that it is pointless to quit gambling.

But if any of his family finds out about his gambling addiction, they should still try to talk him out of gambling. While it may be tough, it never hurts to bring the person along. Maybe it won't be able to stop right away but reduce slowly and I think it's worth trying because by reducing activity in gambling and diverting it to other things, they can start to change their thinking that they can change in a better direction.

Like you, I believe that limitation is one of the most important rules, not only in gambling, but also in other areas of our lives. A lot of enjoyable activities without restrictions can lead to problems that are very difficult to overcome later on. So limit yourself when you feel you can go too far and then you'll be fine. At least I practice this in my experience and have no problems with both gambling and other entertainment.

Realization is a very rare thing and only a few people got it in them, and gamblers, they mostly lack this ability to realize what they are getting themselves into until they are totally sunk into the addiction and have almost spent everything they may have had back in the day, realizing things that late doesn't really work or has no essence at all.

There is basically nothing you can do to make someone realize their mistakes unless they have it in their heart as well, otherwise, no matter how hard you try, you will only be wasting your time and theirs as well.

Setting a budget is a good idea not only when it comes to gambling but on any other aspects of our life, however it is important to remember that a budget can be created not only with money in mind, it is also important to know beforehand how much time we are going to spend gambling each week, this way by respecting such a time allocation we can reduce our chances to zero to face any addiction or to gamble more time than what we wanted during the week or during a particular session.

And it will get bigger when we can get a few more wins after losing because that usually happens to most gamblers. And that is also what makes them go back to gambling because they see the hope of making money from gambling so they want to try it again. But no matter how hard they try, it is not difficult for them to make money from gambling and they better be aware of this and not even try.

You are lucky to finally get control of those emotions because some gamblers are still trying to learn to control their emotions. Even patient people can lose control when they gamble and change their character completely. So controlling emotions really has to be studied in earnest because it is very useful for us, especially when playing gambling.

This is right. Discipline is really needed and it will get you somewhere nice and far if you have and mastered this trait early on and in a consistent manner. Having discipline means you are responsible on your actions and you calculate the risks that come along with every plan. Additionally, you set limits, boundaries, and takes over the control using your intellect rather than your emotions. If you can do this, definitely you will not get lost and not be in disadvantaged if you ever plan to gamble.

Having fund allocation, not too much time dedication for gambling just shows that you are disciplined and you do respect your boundaries in gambling. I met people who are like this and they really have a balanced lifestyle - getting to enjoy what they want and at the same time, doing their duties on other roles such as being a good provider while having a betting or playing hobby on the side.