Motivating gambling addicts to invest in bitcoins.

DanWalker

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Quote from: Z390 on July 14, 2023, 03:41:36 AM

Gambling is adventurous for many out there, they like exposing themselves to risk and such people always have the upper hand over every others, do you know that some prefers to be trader, gambler, and investor at the same time? So telling them to leave gambling for Bitcoin investment is half wrong, you should have ask them what they are into before motivating them to invest in Bitcoin, if they are investors how will you know? Maybe you know that they are into gambling, what other things do you know about them? Not all gamblers are useless, some of them are quite smarter.

I understand what you are saying, and I also have a friend like that, he is quite successful in business and loves to gamble. But gambling with him is playing for fun and entertainment, and he always knows to stop at the right time to not affect work and life. But as I understand it, OP is referring to people who are addicted to gambling, and they spend all their money on gambling. OP's idea is good, but applying that is not possible because bitcoin is not like gambling, and it cannot be profitable as fast as gambling. Meanwhile, gamblers want to make quick money, so giving investment advice to gamblers won't work, they will immediately refuse.

Z390

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Gambling is adventurous for many out there, they like exposing themselves to risk and such people always have the upper hand over every others, do you know that some prefers to be trader, gambler, and investor at the same time? So telling them to leave gambling for Bitcoin investment is half wrong, you should have ask them what they are into before motivating them to invest in Bitcoin, if they are investors how will you know? Maybe you know that they are into gambling, what other things do you know about them? Not all gamblers are useless, some of them are quite smarter.

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Quote from: adzino on July 13, 2023, 08:40:55 PM

Quote from: Assiduous on July 10, 2023, 08:54:07 PM

Nowadays many people in our country are addicted to gambling. I have seen many people losing their huge amount in most of the gambling games. If all those people can be informed about bitcoin, how to earn money in bitcoin? I think they would have invested in Bitcoin and they could have made money from it.Besides, if they can discuss about Bitcointalk in detail, then I think they will learn about Bitcointalk besides investing in Bitcoin. In this, the person addicted to gambling could stay away from gambling besides earning money.

One thing to remember, I'm not criticizing gambling. I'm just sharing my opinion. thank you

You don't start earning money (you should say profit) when you start investing in bitcoin. You need to be holding for long term to make any good profit. Gambling and investing is a totally different thing. Invest won't help a gambling addict. In fact it will harm them more. Imagine a gambling addict invested in bitcoin and wants to hold long term. He invests, the price drops and then his urge of gambling kicks in. He would be selling his coins in loss to feed his gambling addiction.

They should be talking to a professional and get their help before making any kind of investment. You must have a sane and healthy mind before you start any kind of investment or make any financial decisions.

what a gambling addict needs to be concerned with is whether he or she can remain silent in the long run, I think that's hard to do. we know to invest holding in the long term, whereas a gambler usually wants results in a short and fast time. but if you can get rid of the addiction it might be best to switch it from gambling to investing. but for them maybe learning to trade would be more suitable, as long as they want to learn to gain experience so they don't trade like gambling

adzino

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Quote from: Assiduous on July 10, 2023, 08:54:07 PM

Nowadays many people in our country are addicted to gambling. I have seen many people losing their huge amount in most of the gambling games. If all those people can be informed about bitcoin, how to earn money in bitcoin? I think they would have invested in Bitcoin and they could have made money from it.Besides, if they can discuss about Bitcointalk in detail, then I think they will learn about Bitcointalk besides investing in Bitcoin. In this, the person addicted to gambling could stay away from gambling besides earning money.

One thing to remember, I'm not criticizing gambling. I'm just sharing my opinion. thank you

You don't start earning money (you should say profit) when you start investing in bitcoin. You need to be holding for long term to make any good profit. Gambling and investing is a totally different thing. Invest won't help a gambling addict. In fact it will harm them more. Imagine a gambling addict invested in bitcoin and wants to hold long term. He invests, the price drops and then his urge of gambling kicks in. He would be selling his coins in loss to feed his gambling addiction.

They should be talking to a professional and get their help before making any kind of investment. You must have a sane and healthy mind before you start any kind of investment or make any financial decisions.

suzanne5223

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Quote from: Assiduous on July 10, 2023, 08:54:07 PM

Nowadays many people in our country are addicted to gambling. I have seen many people losing their huge amount in most of the gambling games. If all those people can be informed about bitcoin, how to earn money in bitcoin? I think they would have invested in Bitcoin and they could have made money from it.Besides, if they can discuss about Bitcointalk in detail, then I think they will learn about Bitcointalk besides investing in Bitcoin. In this, the person addicted to gambling could stay away from gambling besides earning money.

One thing to remember, I'm not criticizing gambling. I'm just sharing my opinion. thank you

Yes, the people from your country who happen to be gambling may be invested in Bitcoin if they are informed about it but that doesn't mean they will quit gambling because the hardest thing to control is the gambling buzz and only gamblers that are mature enough to understand that concept of gambling is never to make money but to try the chance of making money or else they will be more addicted to gambling because crypto gambling is easier than physical gambling.

Solosanz

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When someone turn become a gambling addict, he will not able to control themselves especially about financial. How can a gambling addict invest in Bitcoin when they're keep gambling every single cent they have?

Actually the reality is opposite, some of Bitcoin investors turn become a gambling addict because they're want to make money in instant way.

SamReomo

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Quote from: Learn Bitcoin on July 13, 2023, 12:05:00 AM

Quote from: Assiduous on July 10, 2023, 08:54:07 PM

Nowadays many people in our country are addicted to gambling. I have seen many people losing their huge amount in most of the gambling games. If all those people can be informed about bitcoin, how to earn money in bitcoin? I think they would have invested in Bitcoin and they could have made money from it.Besides, if they can discuss about Bitcointalk in detail, then I think they will learn about Bitcointalk besides investing in Bitcoin. In this, the person addicted to gambling could stay away from gambling besides earning money.

They might end up losing their Bitcoin by gambling again! The first thing to do is make sure they are not addicted anymore. If someone is addicted to gambling, I believe they don't have patience. They always want to make a profit no matter how tough it is. If you ask them to invest in Bitcoin and say that Bitcoin will generate profit for them in the long run, I doubt they will be able to hold it for a long time.

They will end up putting their Bitcoin on bitcoin doubler websites and getting scammed. Moreover, almost all online casinos support bitcoin deposits these days; they will also end up gambling on it. The only solution could be depositing their Bitcoin in a time-locked wallet for a long time, and they may make some profit in the future.

That's very true a gambler will have more options to fulfil his/her addiction if they have invested money into Bitcoin because these days almost every online casino accepts cryptocurrency payments, and especially payments made with Bitcoin. Those casinos also offer huge deposit bonus for the users who deposit via Bitcoin and such addicts could end up spending their Bitcoin of such casino sites.

They will lose the money no matter even if the have first invested into purchasing Bitcoin because their addiction wont let them to earn revenue from their investment. However, if those people who are addicts of gambling treat their addiction first and then invest the money on Bitcoin then they will earn quite good returns in long term.

It's still a better choice to go with Bitcoin investment if a gambler knows that he/she wont touch that investment until they gain good returns from their initial investment. In that case their investment would grant them good returns if they hold it without touching it for a long time. The better option for those gamblers should be to invest in Bitcoin and hold those Bitcoin in a cold wallet, and that way they might be able to earn the profits and somehow give up on the gambling addiction.

Learn Bitcoin

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Quote from: Assiduous on July 10, 2023, 08:54:07 PM

Nowadays many people in our country are addicted to gambling. I have seen many people losing their huge amount in most of the gambling games. If all those people can be informed about bitcoin, how to earn money in bitcoin? I think they would have invested in Bitcoin and they could have made money from it.Besides, if they can discuss about Bitcointalk in detail, then I think they will learn about Bitcointalk besides investing in Bitcoin. In this, the person addicted to gambling could stay away from gambling besides earning money.

They might end up losing their Bitcoin by gambling again! The first thing to do is make sure they are not addicted anymore. If someone is addicted to gambling, I believe they don't have patience. They always want to make a profit no matter how tough it is. If you ask them to invest in Bitcoin and say that Bitcoin will generate profit for them in the long run, I doubt they will be able to hold it for a long time.

They will end up putting their Bitcoin on bitcoin doubler websites and getting scammed. Moreover, almost all online casinos support bitcoin deposits these days; they will also end up gambling on it. The only solution could be depositing their Bitcoin in a time-locked wallet for a long time, and they may make some profit in the future.

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Today, as you may notice, a lot of gambling sites offer to play and earn with bitcoins. So, for those who are fine about gambling (as a way to pass the free time), I would reccomend the next article, dedicated to bitcoin casinos - https://cryptonomist.ch/2022/03/23/bitcoin-casino-6-migliori-crypto-casino-e-slot-dove-spendere-btc/

Thats one way of promoting a casino to new users with the aim of having some BTC. It is however enticing them to gamble what they could earn and for gamblers its a pitfall.

Investors has to invest. If they are gamblers and will invest in BTC, they might have to avoid crypto casinos or they will just gamble the BTC. If possible they should just gamble in fiat casino.

xSkylarx

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Quote from: freedomgo on July 12, 2023, 05:48:59 PM

For me, it’s actually a good move so they can easily divert their time from gambling into investing. That way, they will start minimizing their gambling losses while increasing their chance of making profits with bitcoin investment. However, we can’t just expect from them that they will never gamble again once they experience losses from their investment. Gambling addicts are even harder to motivate or even convince, and they will only divert their focus once they can prove to theirselves that investing is way more promising and is more profitable than gambling.

This is really difficult because gamblers want easy and fast money unless they really ponder that they are losing a lot in gambling, so instead they should now go to investing. But again, gamblers are not seeing this because they always think that they could get back all of their losses if they won big. That is why they still continue to bet and gamble because they have fun on it and it has a thrill while playing rather than investing because it takes time and they get easily bored on it.

lienfaye

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Quote from: Assiduous on July 10, 2023, 08:54:07 PM

Nowadays many people in our country are addicted to gambling. I have seen many people losing their huge amount in most of the gambling games. If all those people can be informed about bitcoin, how to earn money in bitcoin? I think they would have invested in Bitcoin and they could have made money from it.Besides, if they can discuss about Bitcointalk in detail, then I think they will learn about Bitcointalk besides investing in Bitcoin. In this, the person addicted to gambling could stay away from gambling besides earning money.

One thing to remember, I'm not criticizing gambling. I'm just sharing my opinion. thank you

Gambling addicts are gamblers and not an investors so certainly it's going to be hard to convince them to invest in Bitcoin. Moreover, if they're an online gamblers it's likely they are already aware about Bitcoin existence (or crypto in general) as it is also an options for many online casinos to deposit/withdraw your money. They're into gambling because of quick profit and it's not easy to change what they used to.

In addition, it's true that this forum can help these gamblers to understand Bitcoin more since there are plenty of useful informations available. But remember that casinos are also advertise here to spread awareness so it can tempt them. Thus, before they can switch being an investors, an addicted gambler should overcome his addiction first so they can fully focus.

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Quote from: Bitcoin_people on July 12, 2023, 08:11:54 PM

Currently people are more addicted to gambling than crypto investors. People think gambling is a site where they try to get rich quick by betting money. Basically people gamble to increase their money but many times this greed destroys them. But I think investing in Bitcoin is better than gambling because it is a long lasting virtual currency that can be trusted. Investing in bitcoins is low risk and long term holding gives good future returns. But gamblers never have this negative thought they always place bets hoping to get more profit in a short period of time. But I will always plan for the long term and stay away from bets, gambling addiction is very difficult to come back from. So I think if the gambling money can be invested in Bitcoin then surely there will be good profit in future and that will be a good side.

Most gambling addicts find it difficult to stop because they are not willing to lose and they want to return the investment that has been used up, so it is very difficult for them to stop because of the ambition to avenge their defeat. People gamble on average because they are looking for profit, I don't think it's difficult for them to stop if they already know Bitcoin let alone know this forum, I agree with Op's idea of wanting to make gambling addicts aware by introducing this forum or at least being able to learn bitcoin or altcoin investment to find profit.

Even though many people gamble on this forum, they can control themselves while gambling, because they have read a lot of advice from friends' discussions on this forum. So, if this is applied to gambling addicts, this will be the right solution for them to change their mindset from addicts to hobbies.

Bitcoin_people

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Currently people are more addicted to gambling than crypto investors. People think gambling is a site where they try to get rich quick by betting money. Basically people gamble to increase their money but many times this greed destroys them. But I think investing in Bitcoin is better than gambling because it is a long lasting virtual currency that can be trusted. Investing in bitcoins is low risk and long term holding gives good future returns. But gamblers never have this negative thought they always place bets hoping to get more profit in a short period of time. But I will always plan for the long term and stay away from bets, gambling addiction is very difficult to come back from. So I think if the gambling money can be invested in Bitcoin then surely there will be good profit in future and that will be a good side.

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Quote from: Assiduous on July 10, 2023, 08:54:07 PM

Nowadays many people in our country are addicted to gambling. I have seen many people losing their huge amount in most of the gambling games. If all those people can be informed about bitcoin, how to earn money in bitcoin? I think they would have invested in Bitcoin and they could have made money from it.Besides, if they can discuss about Bitcointalk in detail, then I think they will learn about Bitcointalk besides investing in Bitcoin. In this, the person addicted to gambling could stay away from gambling besides earning money.

One thing to remember, I'm not criticizing gambling. I'm just sharing my opinion. thank you

The forum is a perfect example for casino which actually provide services for crypto. Gambling is a habit and i believe can be only stopped by the person and beside people are well aware of BTC as a means of investment but still decide to gamble because they are prone to easy and fast money of which gambling already provides for most of these gamblers. Once more its not an easy task to actually step once indebted to the act.

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Quote from: Assiduous on July 10, 2023, 08:54:07 PM

Besides, if they can discuss about Bitcointalk in detail, then I think they will learn about Bitcointalk besides investing in Bitcoin. In this, the person addicted to gambling could stay away from gambling besides earning money.

I would have welcomed this as a nice idea since there is some kind of prestige given to a bitcoin investor more than a gambler even if both are risky. But on a second thought when you talked about introducing this forum to the gambling addict.

Have you checked around and see so many signature and avatar of casinos? This means that with a single click in any signature they are already in the gambling site. Introducing a gambling addict to this forum is setting them up for more addiction.

Even if they are banned from visiting the gambling boards which is not possible. When a gambler becomes a trader or an investor, they will still void the rule of not investing more than you can lose. You will see them going with high leverages and trading futures. It is better to quench the gambling zeal rather than to reclothe it.

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Quote from: Assiduous on July 10, 2023, 08:54:07 PM

Nowadays many people in our country are addicted to gambling. I have seen many people losing their huge amount in most of the gambling games. If all those people can be informed about bitcoin,

Lots of gamblers know about bitcoin, but the reason why i believe they are not interested in bitcoin is that they already made gambling as their source of income, they believe they can be making daily income from gambling which they will be using to sustain themselves, so they wont want to invest in bitcoin. If you are planning to invest in bitcoin, then you should be prepared to hold for long term, and addicted gamblers cant do that, they dont have patience.

Quote from: Assiduous on July 10, 2023, 08:54:07 PM

I think they would have invested in Bitcoin and they could have made money from it.Besides, if they can discuss about Bitcointalk in detail, then I think they will learn about Bitcointalk besides investing in Bitcoin. In this, the person addicted to gambling could stay away from gambling besides earning money.

Addicted gamblers are looking for fast money which they cant get in bitcoin investment, even if you introduce them to bitcoin, some of them will prefer gambling than investing in bitcoin.

hatshepsut93

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Even if you'll be able to convince a gambler to invest of Bitcoin instead of gambling, it's a matter of time before they discover trading with x150 leverage, which is essentially gambling too.

The main appeal of gambling is making money both quickly and easily. Bitcoin investing is not quick, at best it takes months if you invest at the start of a bull market, but typically it takes 2-4 years to see high returns. For professional investors that's not very long, but for people who never done any investing this may seem like forever.

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Quote from: Wiwo on July 12, 2023, 06:06:29 PM

Most the gambling addicts will never have a thought on investment because to them it is not all about the profits but about the games they are addicted to, and if we say you want to advise them to invest in Bitcoin instead continues gambling it may look hard and impossible for them since losing money is already part of them. And if you are looking for to create a withdrawal alternative to gambling for the addicts it then means you may have to put in extra effort and introduce something that is less risky to them instead of investment because chances are there that they may use all the investment funds to gamble away again since they have access to the funds at all time being in the investment.

When they do gamble then it would be unlikely that they would really be thinking about investment or something that it is correlated to it on which it would really be just that normal that they wont care at all but

instead they would really be continuing on playing or something that they do really want to do because this is the primary thing that they would be having in mind on which they would really be pushing on doing so.

Motivating them to invest on Bitcoin? You would surely be getting ignored and you would really just get frustrated on what would be their reactions because they would really be just simply be
continuing on what they are doing because this is really that their interest. Just let them be and its better not to mind off others activities yet its their money and its their right
on what they should gonna do with it. We are the ones who would really be molding up our future and if they would decide on spending up their money purely on gambling then its their choice.

Wiwo

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Most the gambling addicts will never have a thought on investment because to them it is not all about the profits but about the games they are addicted to, and if we say you want to advise them to invest in Bitcoin instead continues gambling it may look hard and impossible for them since losing money is already part of them. And if you are looking for to create a withdrawal alternative to gambling for the addicts it then means you may have to put in extra effort and introduce something that is less risky to them instead of investment because chances are there that they may use all the investment funds to gamble away again since they have access to the funds at all time being in the investment.

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For me, it’s actually a good move so they can easily divert their time from gambling into investing. That way, they will start minimizing their gambling losses while increasing their chance of making profits with bitcoin investment. However, we can’t just expect from them that they will never gamble again once they experience losses from their investment. Gambling addicts are even harder to motivate or even convince, and they will only divert their focus once they can prove to theirselves that investing is way more promising and is more profitable than gambling.

Topic: Motivating gambling addicts to invest in bitcoins. (Read 575 times)