Topic: Investing in Bitcoin will bring you hope and gambling will leave you destitute. - page 8. (Read 938 times)

Investing in bitcoin and gambling are not mutually exclusive. I mean you can do both and be respondible for both

If you enjoy both or any of them, manage your risks and enjoy. Choices in both investing and gambling are possible. It's crucial for people to approach these activities with caution, set limits, and be aware of the potential risks involved. Balancing these pursuits with a thoughtful and informed approach can contribute to a more secure financial situation for anyone. I mean too much of anything can be dangerous right? It doesnt only relate to gambling.

Life inherently has too many choices for us the right/wrong of that action reflects how that object has responded to it. It's not just about profit/loss, because that can happen in any field, but in the case that the OP mentioned, I think it's like a challenge for that individual in life. There is no guarantee that the beginning and the end will have good results. I am also involved in both the gambling and crypto fields, so I know fairness in each field, the level of ability of everyone in the general field will reflect the results.

But anyway, I feel sorry for them, but honestly, no one can help them but he himself must change to fix what has been done. At a responsible age, I think he needs a lot of encouragement to get through this stage, and don't blame him because everything happened.

All he worked for was lost to gambling. He is also having $18000 debt to pay because he gambled and lost the borrowed money. This is just another example of someone that is an addict and that needs to just quit gambling. It will start from I can double my money, I can use gambling to earn, but leading to losses. After several losses, I do not know why some gamblers will still continue to think that they can earn using gambling.

Is it path of the law in military not to gamble? In work, he has no offense is what I could think and see about this.

This is how sudden gambling can bring to a person , not to mention an ARMY GUY that is trained to have discipline yet now a gambling loser? and maybe can be called gambling addict?
and what this will end , he will lose his job because of such action and to become a family burden , sorry to hear this but he must decide sooner or will be a loser forever.

Gambling, while tempting, can be dangerous, as your experience shows. Contrast gambling with investment. As seen by your elder brother's financial crisis, gambling is risky and unexpected. Though volatile, Bitcoin investing offers more control and educated decision-making. Knowledge of risk is crucial.

Imagine his investment in Bitcoin or another currency. Research and strategy could have changed the outcome. His tale emphasizes financial literacy and responsible decision-making. We should consider risks and rewards and balance gambling, as this story warns.

Today I will share a real incident. An elder brother of my area who has been working in Bangladesh Army for 8 years. We have walked with him enough since childhood and played many sports together but we never saw any such habit in him. He used to serve in the army and used to come home when he got leave and we used to hang out with him but recently we heard some bad news about his affairs through his younger brother. There are various online casinos in which he gambled and ended up in debt of around $18,000. Already his father is a middle-class family member and his father works hard enough to get him a job and manage his money by borrowing heavily but by this time he is 18 thousand dollars in debt due to gambling. Not only did he lose $18,000 by gambling, but he ended up with eighteen thousand dollars in debt, and he also lost money by gambling out of his salary. 

If the person I am referring to had not gambled in online casinos and invested this amount of money in bitcoins, he would have made a substantial half profit today, even after paying off his debts.  If he had bought 1 BTC and sold it now when the price of Bitcoin was twenty thousand dollars, he would have made a profit of about 25K dollars even though he had paid a loan of 18K dollars. The reason for sharing this incident of my local elder brother is to warn users about the dangers of gambling. 

I don't owe you $18K so we may not understand it but the one I shared with understands how heavy the burden of debt is.