It depends on if I like the person or not. And also if they even ask me for advice or what they should do. I try not to give my opinion on someone else's business until they specifically actually ask me for it.
If it's someone I don't like or don't care about, I'll tell them to bet all in/let it ride/YOLO it.
If it is someone I like and they ask me for my advise, then I'll tell them the standard saying, only bet/risk no more than what you can afford to lose.
Topic: [Poll]what is the right warning to say to someone who gambles/invests all he has - page 2. (Read 801 times)
September 28, 2017, 11:59:56 AM
September 28, 2017, 11:49:52 AM
I am generaly against gambling, especially against casinos, bookmakers and similar things. Except money, many people loose nerves and are mostly in bad mood. And if someone like to gamble he will gamble. Don't think there is warning that will change their mind.
September 28, 2017, 09:51:34 AM
All investments and financial decisions come with a risk factor. Gambling and investment in Gambling are one of the high risk investments/actions you might take. So before you decide what to do with your money, you should analyse the risk and decide how much of your capital should be invested into high risk investments/actions.
I never put all my money into high risk investments. You have to keep a nest egg in low risk investments to protect your wealth from a total wipeout or you will be financially ruined, when it fails.
I never put all my money into high risk investments. You have to keep a nest egg in low risk investments to protect your wealth from a total wipeout or you will be financially ruined, when it fails.
very well explained for any Investor thx
For botn gambling and investing it's the rule "Don't use money you're not willing to lose" which I tell everyone, even if the chance to lose is 1% and you'd get double your input back.
wow finally a nice posting and no attack
I agree that each casino owner should warn the players with the sentence "dont gamble more than you can afford to lose" the word willing would have a different meaning in this case. I hope you understand my point that willing and afford is a bit different IMO
now what should someone tell the casino or business owner? IMO the same "dont Invest more than you can afford to lose" because we know that variance can be an animal and as you and many here wrote that it is never healthy to go all in as a gambler or as an Investor
I hope we can once agree on something
thx
Maybe it should be a mix of both, if you're not willing to lose something or you can't afford to lose it then you shouldn't do it.
And yeah, especially when there's one whale betting & wrecking your bankroll, that's scary
September 28, 2017, 07:53:49 AM
what is the right sentence/warning to say to someone who gambles/invests all he has?
IMHO it is a very important sentence and warning for all Investors and Gamblers
please take it serious and vote accordingly
thank you for participating
edit
the following was posted and should get first price ( if we would have a price to give)
https://bitcointalksearch.org/topic/m.22301925
I don't think this is a golden rule just for gambling and investing but for everything in life. If you farm don't grow everything in the same place and don't use all your soik at once plan and spread it out. If you shooting with a bow don't waste all your arrrows all at once. Always Ave some for the next day. Even with food. Don't eat everything today what about tomorrow ? Never ever put everything at risk all at once in any aspect for your life. I just used random examples for people to more easily understand.
IMHO it is a very important sentence and warning for all Investors and Gamblers
please take it serious and vote accordingly
thank you for participating
edit
the following was posted and should get first price ( if we would have a price to give)
https://bitcointalksearch.org/topic/m.22301925
I don't think this is a golden rule just for gambling and investing but for everything in life. If you farm don't grow everything in the same place and don't use all your soik at once plan and spread it out. If you shooting with a bow don't waste all your arrrows all at once. Always Ave some for the next day. Even with food. Don't eat everything today what about tomorrow ? Never ever put everything at risk all at once in any aspect for your life. I just used random examples for people to more easily understand.
You didn't give good options.
Obviously no one should say, GO ALL IN, or anything like that.
You gave 3 clearly - no - answers.
do you due diligence is fine to say, but isn't really relevant to a gambler I suppose, where an investor would know the cardinal rule would be not to invest EVERYTHING you have.
So from the answers you hae given, obviously it would be, don't invest what you don't have.
If you really want to know the answer to your question, forget the poll, just let everyone answer the way they think
what is wrong with you? why should someone say Go All in? there is only one correct answer for the gambler and the Investor even I put 100 answers there
the correct answer is "dont gamble/invest more than you can afford to lose"
Where did I say that?
I said it was obvious that no one would say that.
From the options you had mentioned, it is clear that any sane enough person would say "don't gamble/invest more than you can afford to lose"
I only pointed out the fact that there are many more options you could have given instead of obvious ones that no one would vote for.
Basically instead of a poll, just ask people to just state a sentence. Stunna did so, and it was probably more directed for gamblers.
Where did I say that someone should tell a gambler to "GO ALL IN" perhaps you should read my last post again.
In any case. Good luck with the poll. Its actually an important topic in my opinion.
I apologize that I understood your posting wrong. and thx for writing that this is important topic. it is very difficult for a gambler or investor/businessman to strictly follow the rule " dont gamble/invest more than you can afford to lose"
sorry again
September 28, 2017, 07:20:24 AM
what is the right sentence/warning to say to someone who gambles/invests all he has?
IMHO it is a very important sentence and warning for all Investors and Gamblers
please take it serious and vote accordingly
thank you for participating
edit
the following was posted and should get first price ( if we would have a price to give)
https://bitcointalksearch.org/topic/m.22301925
I don't think this is a golden rule just for gambling and investing but for everything in life. If you farm don't grow everything in the same place and don't use all your soik at once plan and spread it out. If you shooting with a bow don't waste all your arrrows all at once. Always Ave some for the next day. Even with food. Don't eat everything today what about tomorrow ? Never ever put everything at risk all at once in any aspect for your life. I just used random examples for people to more easily understand.
IMHO it is a very important sentence and warning for all Investors and Gamblers
please take it serious and vote accordingly
thank you for participating
edit
the following was posted and should get first price ( if we would have a price to give)
https://bitcointalksearch.org/topic/m.22301925
I don't think this is a golden rule just for gambling and investing but for everything in life. If you farm don't grow everything in the same place and don't use all your soik at once plan and spread it out. If you shooting with a bow don't waste all your arrrows all at once. Always Ave some for the next day. Even with food. Don't eat everything today what about tomorrow ? Never ever put everything at risk all at once in any aspect for your life. I just used random examples for people to more easily understand.
You didn't give good options.
Obviously no one should say, GO ALL IN, or anything like that.
You gave 3 clearly - no - answers.
do you due diligence is fine to say, but isn't really relevant to a gambler I suppose, where an investor would know the cardinal rule would be not to invest EVERYTHING you have.
So from the answers you hae given, obviously it would be, don't invest what you don't have.
If you really want to know the answer to your question, forget the poll, just let everyone answer the way they think
what is wrong with you? why should someone say Go All in? there is only one correct answer for the gambler and the Investor even I put 100 answers there
the correct answer is "dont gamble/invest more than you can afford to lose"
Where did I say that?
I said it was obvious that no one would say that.
From the options you had mentioned, it is clear that any sane enough person would say "don't gamble/invest more than you can afford to lose"
I only pointed out the fact that there are many more options you could have given instead of obvious ones that no one would vote for.
Basically instead of a poll, just ask people to just state a sentence. Stunna did so, and it was probably more directed for gamblers.
Where did I say that someone should tell a gambler to "GO ALL IN" perhaps you should read my last post again.
In any case. Good luck with the poll. Its actually an important topic in my opinion.
September 28, 2017, 07:09:05 AM
Basically a gambler.... a gambler will gamble everything... including his life if it be.... so if you are like that... you are a gambler....
September 28, 2017, 06:39:33 AM
what is the right sentence/warning to say to someone who gambles/invests all he has?
IMHO it is a very important sentence and warning for all Investors and Gamblers
please take it serious and vote accordingly
thank you for participating
edit
the following was posted and should get first price ( if we would have a price to give)
https://bitcointalksearch.org/topic/m.22301925
I don't think this is a golden rule just for gambling and investing but for everything in life. If you farm don't grow everything in the same place and don't use all your soik at once plan and spread it out. If you shooting with a bow don't waste all your arrrows all at once. Always Ave some for the next day. Even with food. Don't eat everything today what about tomorrow ? Never ever put everything at risk all at once in any aspect for your life. I just used random examples for people to more easily understand.
IMHO it is a very important sentence and warning for all Investors and Gamblers
please take it serious and vote accordingly
thank you for participating
edit
the following was posted and should get first price ( if we would have a price to give)
https://bitcointalksearch.org/topic/m.22301925
I don't think this is a golden rule just for gambling and investing but for everything in life. If you farm don't grow everything in the same place and don't use all your soik at once plan and spread it out. If you shooting with a bow don't waste all your arrrows all at once. Always Ave some for the next day. Even with food. Don't eat everything today what about tomorrow ? Never ever put everything at risk all at once in any aspect for your life. I just used random examples for people to more easily understand.
You didn't give good options.
Obviously no one should say, GO ALL IN, or anything like that.
You gave 3 clearly - no - answers.
do you due diligence is fine to say, but isn't really relevant to a gambler I suppose, where an investor would know the cardinal rule would be not to invest EVERYTHING you have.
So from the answers you hae given, obviously it would be, don't invest what you don't have.
If you really want to know the answer to your question, forget the poll, just let everyone answer the way they think
what is wrong with you? why should someone say Go All in? there is only one correct answer for the gambler and the Investor even I put 100 answers there
the correct answer is "dont gamble/invest more than you can afford to lose"
September 28, 2017, 06:15:19 AM
When the overall experience of gambling is no longer fun that usually means it is time to stop.
They should add a like button on bitcointalk
Good answer
September 28, 2017, 06:13:42 AM
what is the right sentence/warning to say to someone who gambles/invests all he has?
IMHO it is a very important sentence and warning for all Investors and Gamblers
please take it serious and vote accordingly
thank you for participating
edit
the following was posted and should get first price ( if we would have a price to give)
https://bitcointalksearch.org/topic/m.22301925
I don't think this is a golden rule just for gambling and investing but for everything in life. If you farm don't grow everything in the same place and don't use all your soik at once plan and spread it out. If you shooting with a bow don't waste all your arrrows all at once. Always Ave some for the next day. Even with food. Don't eat everything today what about tomorrow ? Never ever put everything at risk all at once in any aspect for your life. I just used random examples for people to more easily understand.
IMHO it is a very important sentence and warning for all Investors and Gamblers
please take it serious and vote accordingly
thank you for participating
edit
the following was posted and should get first price ( if we would have a price to give)
https://bitcointalksearch.org/topic/m.22301925
I don't think this is a golden rule just for gambling and investing but for everything in life. If you farm don't grow everything in the same place and don't use all your soik at once plan and spread it out. If you shooting with a bow don't waste all your arrrows all at once. Always Ave some for the next day. Even with food. Don't eat everything today what about tomorrow ? Never ever put everything at risk all at once in any aspect for your life. I just used random examples for people to more easily understand.
You didn't give good options.
Obviously no one should say, GO ALL IN, or anything like that.
You gave 3 clearly - no - answers.
do you due diligence is fine to say, but isn't really relevant to a gambler I suppose, where an investor would know the cardinal rule would be not to invest EVERYTHING you have.
So from the answers you hae given, obviously it would be, don't invest what you don't have.
If you really want to know the answer to your question, forget the poll, just let everyone answer the way they think
September 28, 2017, 04:43:44 AM
Those are some rather weird poll options too choose from, with 4/5 basically saying: "fuck that shit, go for it buddy."
People with gambling issues need serious help, not just empty phrases that have been done to death.
Here's the thing though. While each financial decision comes with a risk factor, even if it's just opportunity cost, investing and gambling shouldn't be seen as close to each other as they are seen in crypto. It's understandable given the amount of "investment" opportunities we have in this space. But the moment you thinking about investing like you think about gambling you lose.
People with gambling issues need serious help, not just empty phrases that have been done to death.
All investments and financial decisions come with a risk factor. Gambling and investment in Gambling are one of the high risk investments/actions you might take. So before you decide what to do with your money, you should analyse the risk and decide how much of your capital should be invested into high risk investments/actions.
I never put all my money into high risk investments. You have to keep a nest egg in low risk investments to protect your wealth from a total wipeout or you will be financially ruined, when it fails.
I never put all my money into high risk investments. You have to keep a nest egg in low risk investments to protect your wealth from a total wipeout or you will be financially ruined, when it fails.
Here's the thing though. While each financial decision comes with a risk factor, even if it's just opportunity cost, investing and gambling shouldn't be seen as close to each other as they are seen in crypto. It's understandable given the amount of "investment" opportunities we have in this space. But the moment you thinking about investing like you think about gambling you lose.
one could write in those 5 answers whatever he likes as there is only one right option. and this right one is the most important one to know IMO
as I mentioned before it was my fault to combine the poll for gambling and investors. it should have been 2 polls one for gamblers and one for Investors ( business/casino owners) because IMO even you are a casino owner with +EV the variance can play dirty and no one should invest all he owns. as you mentioned investing handled lie gambling is a loser
thx
September 28, 2017, 04:37:34 AM
All investments and financial decisions come with a risk factor. Gambling and investment in Gambling are one of the high risk investments/actions you might take. So before you decide what to do with your money, you should analyse the risk and decide how much of your capital should be invested into high risk investments/actions.
I never put all my money into high risk investments. You have to keep a nest egg in low risk investments to protect your wealth from a total wipeout or you will be financially ruined, when it fails.
I never put all my money into high risk investments. You have to keep a nest egg in low risk investments to protect your wealth from a total wipeout or you will be financially ruined, when it fails.
very well explained for any Investor thx
For botn gambling and investing it's the rule "Don't use money you're not willing to lose" which I tell everyone, even if the chance to lose is 1% and you'd get double your input back.
wow finally a nice posting and no attack
I agree that each casino owner should warn the players with the sentence "dont gamble more than you can afford to lose" the word willing would have a different meaning in this case. I hope you understand my point that willing and afford is a bit different IMO
now what should someone tell the casino or business owner? IMO the same "dont Invest more than you can afford to lose" because we know that variance can be an animal and as you and many here wrote that it is never healthy to go all in as a gambler or as an Investor
I hope we can once agree on something
thx
September 28, 2017, 03:54:17 AM
When the overall experience of gambling is no longer fun that usually means it is time to stop.
fully agree for a gambler not investor. the problem is if he can stop when he crossed this line
September 28, 2017, 03:09:37 AM
Those are some rather weird poll options too choose from, with 4/5 basically saying: "fuck that shit, go for it buddy."
People with gambling issues need serious help, not just empty phrases that have been done to death.
Here's the thing though. While each financial decision comes with a risk factor, even if it's just opportunity cost, investing and gambling shouldn't be seen as close to each other as they are seen in crypto. It's understandable given the amount of "investment" opportunities we have in this space. But the moment you thinking about investing like you think about gambling you lose.
People with gambling issues need serious help, not just empty phrases that have been done to death.
All investments and financial decisions come with a risk factor. Gambling and investment in Gambling are one of the high risk investments/actions you might take. So before you decide what to do with your money, you should analyse the risk and decide how much of your capital should be invested into high risk investments/actions.
I never put all my money into high risk investments. You have to keep a nest egg in low risk investments to protect your wealth from a total wipeout or you will be financially ruined, when it fails.
I never put all my money into high risk investments. You have to keep a nest egg in low risk investments to protect your wealth from a total wipeout or you will be financially ruined, when it fails.
Here's the thing though. While each financial decision comes with a risk factor, even if it's just opportunity cost, investing and gambling shouldn't be seen as close to each other as they are seen in crypto. It's understandable given the amount of "investment" opportunities we have in this space. But the moment you thinking about investing like you think about gambling you lose.
September 28, 2017, 01:36:44 AM
All investments and financial decisions come with a risk factor. Gambling and investment in Gambling are one of the high risk investments/actions you might take. So before you decide what to do with your money, you should analyse the risk and decide how much of your capital should be invested into high risk investments/actions.
I never put all my money into high risk investments. You have to keep a nest egg in low risk investments to protect your wealth from a total wipeout or you will be financially ruined, when it fails.
I never put all my money into high risk investments. You have to keep a nest egg in low risk investments to protect your wealth from a total wipeout or you will be financially ruined, when it fails.
September 28, 2017, 01:19:13 AM
Gambling is a game made to make you lose, simple as that.
You are fine in gambling as long as you are doing it for fun (I used to go to the casino with my girlfriend, as any other date). In the moment you play to "earn easy money", you are lost, and you become a fool.
You are fine in gambling as long as you are doing it for fun (I used to go to the casino with my girlfriend, as any other date). In the moment you play to "earn easy money", you are lost, and you become a fool.
September 27, 2017, 11:52:55 PM
For botn gambling and investing it's the rule "Don't use money you're not willing to lose" which I tell everyone, even if the chance to lose is 1% and you'd get double your input back.
September 27, 2017, 11:29:41 PM
When the overall experience of gambling is no longer fun that usually means it is time to stop.
September 27, 2017, 10:06:28 PM
It also depends on what is the aim.
1-Gamble to get rich or 2-gamble just for fun (the first option is reallly bad approach and usually ends wrong, making more people homeless rather than rich).
Nevertheless for both suits the well known "gamble what you can afford to lose" but I also consider important to pinpoint that gambling can be very addictive.
1-Gamble to get rich or 2-gamble just for fun (the first option is reallly bad approach and usually ends wrong, making more people homeless rather than rich).
Nevertheless for both suits the well known "gamble what you can afford to lose" but I also consider important to pinpoint that gambling can be very addictive.
These gambling games are designed to give thrill and excitement so they are very addictive if one can't control themselves. Whoever believes the first point is correct then those guys don't want to work hard to earn money and want a free or easy money that's why they will gamble to earn money. If a person got other things to do then they may not spend more time on these games but if a person is very free then their mind always things about an easy way of making money so try to be busy by other work to avoid or minimising gambling.
absolutely correct and it looks like that I did a mistake and did the poll for Investors and Gamblers together. I should have separate it because we get answers for both separately. but the correct warning is for both and theerfore I did it together. but you all are right by explaining it for each one.
September 27, 2017, 10:01:19 PM
I don't think this is a golden rule just for gambling and investing but for everything in life. If you farm don't grow everything in the same place and don't use all your soik at once plan and spread it out. If you shooting with a bow don't waste all your arrrows all at once. Always Ave some for the next day. Even with food. Don't eat everything today what about tomorrow ? Never ever put everything at risk all at once in any aspect for your life. I just used random examples for people to more easily understand.
If I would have to give a price for best posting it would be this one!!!
Congrats for hitting the nail straight on the head
edit
added this posting now to the main posting
September 27, 2017, 09:55:55 PM
It also depends on what is the aim.
1-Gamble to get rich or 2-gamble just for fun (the first option is reallly bad approach and usually ends wrong, making more people homeless rather than rich).
Nevertheless for both suits the well known "gamble what you can afford to lose" but I also consider important to pinpoint that gambling can be very addictive.
1-Gamble to get rich or 2-gamble just for fun (the first option is reallly bad approach and usually ends wrong, making more people homeless rather than rich).
Nevertheless for both suits the well known "gamble what you can afford to lose" but I also consider important to pinpoint that gambling can be very addictive.
These gambling games are designed to give thrill and excitement so they are very addictive if one can't control themselves. Whoever believes the first point is correct then those guys don't want to work hard to earn money and want a free or easy money that's why they will gamble to earn money. If a person got other things to do then they may not spend more time on these games but if a person is very free then their mind always things about an easy way of making money so try to be busy by other work to avoid or minimising gambling.
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