Responsible gambling - page 13. | Bitcointalksearch.org

Oilacris

hero member

Activity: 2996

Merit: 609

Quote from: elevates on January 15, 2024, 08:00:08 AM

Quote from: Fredomago on January 15, 2024, 05:46:37 AM

And some emotional twist might happen along the road, even how responsible you are, chances of being carried away and be fall from that adrenaline can still happen to you, there are times that even how limited you are, but when you feel that you got that game, you'll gonna exceed from your budget and simply regret things out,.

The good catch is you will be able to cope up and forget about it and just move forward and take it as another bad day inside gambling.

How can anyone be a responsible gambler if he get that emotional twist. A responsible gambler is always practical with the outcome as he knows the outcome may be positive and most of the time be negative. I disagree with you analogy as in responsible gambling you as in a gambler is responsible for the outcome. A responsible gambler would never try to go and exceed the budget as doing so he would be into more debt than not doing it.

On the time that you do really be able to have such control then this do basically means that you could really be able to make yourself that having such control into your emotions on which you do already have that kind of awareness on the things that could possibly happen along the way or something that do really talks about real experiences on which you've been wary already and that what makes you already that get used to in dealing with gambling and you are aware on what are the things that could happen along the way. It is really just that there are ones who cant really be able to bare
up with the risks and becoming that impulsive into their actions and this is why they do really end up on having those kind of common gambling problems.

Wiwo

hero member

Activity: 1022

Merit: 667

Top Crypto Casino

Quote from: aTriz on January 15, 2024, 08:29:28 AM

the reason why Gambling is considered bad by majority of people is because of all the risks and chances of loosing money involved in it. which I think are true. but in actually gambling is only bad if it is done too much. excessive of everything is bad for us. not just gambling.

Risk alone may not be the only aspect that made gambling to be negatively viewed by many, why majority of people sees it that way is because of the impact of the loses in gambling such as debt and selling of personal property just to settle gambling loses, but also another feature that makes it more negative is the fact that, gambling get one addicted and as such since the outcome of addictions is heavier than that of loses, gambling if viewed from an addicts perspective it becomes a pour bad habits.

So the only time gambling will be considered as irresponsible act is when it obvious that all the mentioned elements are in place with the gamblers and he is obviously uncontrollable, but if one or two mentioned is absent or all mentioned negativity is absent it becomes a managed gambling habit's which can be call professional gambling.

fapar

sr. member

Activity: 1414

Merit: 270

Undeads.com - P2E Runner Game

Quote from: elevates on January 15, 2024, 08:00:08 AM

Quote from: Fredomago on January 15, 2024, 05:46:37 AM

And some emotional twist might happen along the road, even how responsible you are, chances of being carried away and be fall from that adrenaline can still happen to you, there are times that even how limited you are, but when you feel that you got that game, you'll gonna exceed from your budget and simply regret things out,.

The good catch is you will be able to cope up and forget about it and just move forward and take it as another bad day inside gambling.

How can anyone be a responsible gambler if he get that emotional twist. A responsible gambler is always practical with the outcome as he knows the outcome may be positive and most of the time be negative. I disagree with you analogy as in responsible gambling you as in a gambler is responsible for the outcome. A responsible gambler would never try to go and exceed the budget as doing so he would be into more debt than not doing it.

In the role of such a responsible gambler, I immediately imagined a character from the Hollywoods action movies of the 90s, who fearlessly, calmly and prudently walks in the midst of explosions and gunfire. I am sure that there are a few such people and this percentage is within the margin of error. Adrenaline, dopamine, cortisol and other hormones are generated in the human body at an unconscious level; we purposefully cannot influence such processes (except for drug influence). Therefore, 99% of gamblers cannot be called responsible; some will follow their own restrictions better, others worse - not to exceed the budget, not to make a large number of bets in a short period of time, not to drink alcohol during the game, and the like.

aTriz

hero member

Activity: 1232

Merit: 683

Tontogether | Save Smart & Win Big

Quote from: Dunamisx on January 13, 2024, 04:27:57 PM

Quote from: junder on January 13, 2024, 04:19:38 PM

Gambling can change the attitude of someone who tends to become a stubborn person, and indeed this can of course have an impact on their relationships, whether it be family, partner or friendship relationships, where they will experience the bad effects of gambling, which can make them change as well.

Can gambling actually change someone who is bad mannered for good instead of getting them more complicated in their wrong doings, same way we can see gambling as a means of getting ourselves attached to something that could get us being occupied than having much time on unnecessary things, we should also be mindful of not allowing irresponsible gambling to affect our personal relationships.

I don't think gambling can change anyone's bad manners or behavior.. Gambling is an addicting activity. doing it within a reasonable time lime is fine. but if someone gets addicted to it. I might worsen his manners even more like every other habit out there, so don't take gambling as a therapy Wink

Quote from: Wiwo on January 14, 2024, 05:54:31 PM

because even though some of majority may take gambling to be an entirely bad and negative impact creation,

the reason why Gambling is considered bad by majority of people is because of all the risks and chances of loosing money involved in it. which I think are true. but in actually gambling is only bad if it is done too much. excessive of everything is bad for us. not just gambling.

elevates

sr. member

Activity: 756

Merit: 390

Quote from: Fredomago on January 15, 2024, 05:46:37 AM

And some emotional twist might happen along the road, even how responsible you are, chances of being carried away and be fall from that adrenaline can still happen to you, there are times that even how limited you are, but when you feel that you got that game, you'll gonna exceed from your budget and simply regret things out,.

The good catch is you will be able to cope up and forget about it and just move forward and take it as another bad day inside gambling.

How can anyone be a responsible gambler if he get that emotional twist. A responsible gambler is always practical with the outcome as he knows the outcome may be positive and most of the time be negative. I disagree with you analogy as in responsible gambling you as in a gambler is responsible for the outcome. A responsible gambler would never try to go and exceed the budget as doing so he would be into more debt than not doing it.

Fredomago

legendary

Activity: 2996

Merit: 1054

Leading Crypto Sports Betting & Casino Platform

Quote from: angrybirdy on January 15, 2024, 05:08:02 AM

Quote from: Julien_Olynpic on January 15, 2024, 03:55:47 AM

In general, games are generally poorly predictable and players try to find and use at least some meaningful patterns in order to win. But even the small number of players who are in the black over the long term, even they have long losing streaks. There is nothing you can do about it, just come to terms with it. Well, or try to get some benefit out of it. If you have a streak of losses, then you are doing something wrong. What are you doing wrong? This question is very difficult to answer. Even if you win responsibly, it doesn't mean you won't have a long losing streak.

that question is too broad to find an answer because like what you've said, even you're a responsible gambler, that doesn't mean that you won't experience having a lose streak because just like some normal gamblers, each of us has more losing experience than winning, it depends to a person's but I still believe that even though others say that gambling is only for lucky people only there are still a few who use their strategies and their own skills when it comes to gambling so they experience winning.

And some emotional twist might happen along the road, even how responsible you are, chances of being carried away and be fall from that adrenaline can still happen to you, there are times that even how limited you are, but when you feel that you got that game, you'll gonna exceed from your budget and simply regret things out,.

The good catch is you will be able to cope up and forget about it and just move forward and take it as another bad day inside gambling.

angrybirdy

sr. member

Activity: 1022

Merit: 277

★Bitvest.io★ Play Plinko or Invest!

Quote from: Julien_Olynpic on January 15, 2024, 03:55:47 AM

In general, games are generally poorly predictable and players try to find and use at least some meaningful patterns in order to win. But even the small number of players who are in the black over the long term, even they have long losing streaks. There is nothing you can do about it, just come to terms with it. Well, or try to get some benefit out of it. If you have a streak of losses, then you are doing something wrong. What are you doing wrong? This question is very difficult to answer. Even if you win responsibly, it doesn't mean you won't have a long losing streak.

that question is too broad to find an answer because like what you've said, even you're a responsible gambler, that doesn't mean that you won't experience having a lose streak because just like some normal gamblers, each of us has more losing experience than winning, it depends to a person's but I still believe that even though others say that gambling is only for lucky people only there are still a few who use their strategies and their own skills when it comes to gambling so they experience winning.

Julien_Olynpic

legendary

Activity: 2562

Merit: 3477

In general, games are generally poorly predictable and players try to find and use at least some meaningful patterns in order to win. But even the small number of players who are in the black over the long term, even they have long losing streaks. There is nothing you can do about it, just come to terms with it. Well, or try to get some benefit out of it. If you have a streak of losses, then you are doing something wrong. What are you doing wrong? This question is very difficult to answer. Even if you win responsibly, it doesn't mean you won't have a long losing streak.

piebeyb

legendary

Activity: 2464

Merit: 1039

Bitcoin Trader

Quote from: lienfaye on January 14, 2024, 10:05:59 PM

It's a human nature to be greedy sometimes, but it's a must that you can still think of what should be the right thing do, is it to go beyond your limit or stick to your set plan? If you chose the latter then you're a kind of gambler who never let greed influence you just because you are winning/losing.

Yes, it is a trait that we cannot remove from ourselves because it has been inherent since we were born, so it is not surprising that sometimes greed can make someone forget themselves which ultimately leads to something bad happening, for example in gambling, if we choose to let our greed control us, of course we cannot control ourselves properly, in the end we play beyond our limits, thereby losing more money.

There is a way that we can avoid greed, namely by being consistent and changing our mindset as gamblers, I don't know why I say this because since I changed my mindset everything has been fine when gambling, I don't feel guilty when I experience defeat and loss. money because I only gamble with money that I am ready to lose so I am not too eager to chase it let alone recover it, I know the end will be bad, therefore mindset is very important in controlling ourselves and protecting us from greed and even helps us to gamble responsibly. Wink

harapan

sr. member

Activity: 1736

Merit: 306

Quote from: Sir_Garry55 on December 21, 2023, 11:56:18 AM

Here are two things to take note of before gambling
1.have a budget:it's very crucial to set a budget, decide how much money you are comfortable spending on gambling
Always stake what you can afford to lose. Have a limit and stick to it, doing it this way wouldn't put you under
Pressure and anxiety
2.Take breaks:This is a very important point..gambling can be very addicting especially when we start excepting a lot from it
From the first point I made I said you should always stake what you can afford to lose but it's important to
Take regular breaks especially when your losses are more than your wins.give yourself time to recover cause it's all about maintaining a healthy balance...I hope this helps someone out there

Your trying to make a point here but again your post seems confusing and not straight here.

Talking about responsible gambling and yet your bringing forex trading and all of that,there is nothing to have budget for here, as pertaining gambling.
And to tell you there's no such thing as responsible gambling they all are the same.

SamReomo

hero member

Activity: 784

Merit: 672

Top Crypto Casino

Quote from: lienfaye on January 14, 2024, 10:05:59 PM

It's a human nature to be greedy sometimes, but it's a must that you can still think of what should be the right thing do, is it to go beyond your limit or stick to your set plan? If you chose the latter then you're a kind of gambler who never let greed influence you just because you are winning/losing.

Yeah, humans are greedy by nature and that's the main cause of our losses. Sometimes when we are under the influence of greed then our senses somehow stop working properly and that's why be tend to make decisions in hurry in order to earn a lot of money in short time.

There are few exceptional guys or you can say gamblers who know their limits and stick to their plans and strategies. They are quite a few in number but they are the ones who don't really face huge losses even on days when their luck doesn't favor them a lot. It's way better to not win then to lose, and those gamblers choose not to lose first and that's why they are happy in their lives.

lienfaye

hero member

Activity: 3010

Merit: 629

Quote from: Jaycoinz on January 14, 2024, 06:08:24 PM

Greed is what makes a gambler to continue gambling despite even starting his whole gambling session with an ideal target or time he would want to gamble but at his playing everything changes in a split second when the urge to gather more comes into his taught and I doubt that he would even remember even setting boundaries because that quest to acquire more overshadows every other taught in his head and that what's make him lose everything too at the end and then starts chasing previous which can turn him to an addicted gambler.

This can happen if the gambler has no discipline. Even you already set a budget to use for playing, it will be useless if you don't have discipline. Unable to control your emotion is indeed a problem of a gambler because you'll tend to forget your main plan before deciding to play the specific game.

It's a human nature to be greedy sometimes, but it's a must that you can still think of what should be the right thing do, is it to go beyond your limit or stick to your set plan? If you chose the latter then you're a kind of gambler who never let greed influence you just because you are winning/losing.

Jaycoinz

full member

Activity: 476

Merit: 230

God is All

Quote from: paxmao on January 14, 2024, 05:37:16 PM

Greed is fine. People's desire to own more, have more and eventually have more to spend have driven the progress of humanity in the search of faster, better, cheaper, less difficult and less hard. The thing is to use one's greed in the right direction. There are effectively many greedy people in the crypto sphere but they tend to leave as greediness is a sure way to loose massively in this high risk environment.

Greed is what makes a gambler to continue gambling despite even starting his whole gambling session with an ideal target or time he would want to gamble but at his playing everything changes in a split second when the urge to gather more comes into his taught and I doubt that he would even remember even setting boundaries because that quest to acquire more overshadows every other taught in his head and that what's make him lose everything too at the end and then starts chasing previous which can turn him to an addicted gambler.

Wiwo

hero member

Activity: 1022

Merit: 667

Top Crypto Casino

Gambling have alot of aspects that may be hidden to the ordinary man understanding and it effects also are beyond such imagination also, because even though some of majority may take gambling to be an entirely bad and negative impact creation, it so doing also for us to take a close look as some factor's that gambling has that could possibly be a positive pointer at some points.

Although I am not of the opinion that gambling can actually change a bad person into a good person, but it so not entirely wrong to assume some point that can bring out ingredients of gambling positive impact on individual character at some point.

paxmao

legendary

Activity: 2366

Merit: 1624

Do not die for Putin

Quote from: Mr. Magkaisa on January 14, 2024, 06:54:02 AM

Quote from: junder on January 13, 2024, 04:19:38 PM

Quote from: gunhell16 on January 13, 2024, 06:51:22 AM

Quote from: junder on January 10, 2024, 10:16:16 PM

Quote from: Frankolala on January 10, 2024, 07:52:00 AM

I think that it should be a habit that gamblers should discipline themselves on to make sure that the moment there is a big win, the money should be used to invest or buy something that is worth buying. This will encourage gamblers to always withdraw their wins after they have accumulated it in their casino wallet. It will help to reduce losses.

However, if that gambler thinks that he must always gamble, then he can leave a little amount in his wallet to gamble whenever he wants to because it will be impossible for a gambler to win big and quite gambling immediately. This is rare, since they will think that they can win a bigger amount than the first one

In my opinion, the problem is awareness, many of them have won big but don't cash it out, because I think they are like that because of the greed factor and a sense of dissatisfaction which encourages them to gamble again after getting a big win. and before celebrating the winnings that they have obtained, I think they must first have an awareness of this, and also have good self-control, because if they do not have good self-control, it is very likely that they will not cash in the winnings that they have obtained.

For this reason I also do it sometimes, when I'm gambling then I feel bored, I immediately leave gambling leaving money in the casino wallet and I don't care about it because I'm already bored I don't think much about what to do. another, and I returned after having the urge to gamble again.

I think that aside from awareness, there are others who, even though they know that they will win, will not be satisfied if they play gambling. And so the greed that a gambler has is bad. This is where they always chase their losses in gambling.

And this is something they must overcome, or else they may end up falling apart in the end. It is even possible to affect their family or friends in the end if it is not dealt with properly.

It's clear, their greed makes them lose control in gambling, indeed many of them have won but still feel unsatisfied so they decide to follow their greed where they continue the game and of course with the winnings they have obtained. This makes them even more daring to increase the amount of their bet and this is of course a very risky action, because both can be lost in one game session, that is, the winnings will be reduced or withdrawn by the host, and with capital that may also be lost. In the end, they followed their greed, because of course the host would not give them another win after they had already won.

Gambling can change the attitude of someone who tends to become a stubborn person, and indeed this can of course have an impact on their relationships, whether it be family, partner or friendship relationships, where they will experience the bad effects of gambling, which can make them change as well. You say that if they are addicted to gambling, of course they will face bad consequences for themselves or their families.

- The greed of gamblers in crypto gambling is really sick; it can't be removed, so since it won't go away, let's avoid having that kind of attitude. The question now is: how?

To avoid this habit of having greed, we must know how to control ourselves, like having a limit on the money we gamble in the casino, as I read in what some say here. Second, there must also be discipline, because when you have it, you can automatically control yourself.

Greed is fine. People's desire to own more, have more and eventually have more to spend have driven the progress of humanity in the search of faster, better, cheaper, less difficult and less hard. The thing is to use one's greed in the right direction. There are effectively many greedy people in the crypto sphere but they tend to leave as greediness is a sure way to loose massively in this high risk environment.

Oilacris

hero member

Activity: 2996

Merit: 609

Quote from: danadc on January 14, 2024, 07:48:06 AM

Greed will always be a determining factor for a player to go straight to failure, a player will always want to have more since that is something that we all want, but to be in a casino you must understand that it is difficult to do something like that, that there is an opportunity where you can get it and that is very lucky, the self-control that we can have someone in a moment can give us security to be able to have more money, gambling is something that can deceive us, we repeat we have a lot of cattle and then nothing , because there are players who have a lot of winnings and bet everything, whether out of emotions or for another reason.

If in a casino we have won 1000usd and we want more, sometimes a player can take 4000usd or 5000usd, and that could be their mistake, that greed, sometimes winning a little is worth a lot and costs little because we do not know well what we are doing sometimes, That's why in a casino we have to be completely clear about what we Want.

On the time that you cant really be able to control up your greed then this is where things turns out to be shit..If you are that someone who arent mindful about on the actions you are making
then this is where you would really be turning out to be messing up your life because of the wrong decisions. This is the most hardest thing is on when you are into the condition on which
greed is really that in outmost level then it would really be that so damn hard on stopping it. We do know on how it do really looks or feels like when greed is really that into your mind.
You would definitely be making yourself that doing the things which you arent gonna supposed to do so, this is why it would be best that you should really be responsible
on the decisions that you are really that making.

BitcoinPanther

hero member

Activity: 1918

Merit: 564

Quote from: Dunamisx on January 13, 2024, 04:27:57 PM

Quote from: junder on January 13, 2024, 04:19:38 PM

Gambling can change the attitude of someone who tends to become a stubborn person, and indeed this can of course have an impact on their relationships, whether it be family, partner or friendship relationships, where they will experience the bad effects of gambling, which can make them change as well.

Can gambling actually change someone who is bad mannered for good instead of getting them more complicated in their wrong doings, same way we can see gambling as a means of getting ourselves attached to something that could get us being occupied than having much time on unnecessary things, we should also be mindful of not allowing irresponsible gambling to affect our personal relationships.

There are instances where a bad mannered person become tolerant or giving. That is when he won a huge amount of money from the casino. This takes away frustrations and worries making the bad person in good mood but it is temporary. A person's attitude or characteristics can only be altered temporarily, since whatever the persons core personality is will always shows after the effect of being in a good/bad mood fades away.

Quote

we should also be mindful of not allowing irresponsible gambling to affect our personal relationships.

But once a person become irresponsible whether it is in his gambling activities or on other things, it already affected his personal relationship with other people. Like when an employee was caught being irresponsible, his relationship with his boss will deteriorate. In a family, when a member become irresponsible of his choir assignment, his relationship with his family is already affected, same goes with irresponsible gambling, his relationship with people around him is already affected. Like when one is hooked and spend all his time on gambling, his time spent on his family will be affected and his family will view him as irresponsible one. From that negative relationship is developed.

Dewi Aries

legendary

Activity: 2716

Merit: 1092

Leading Crypto Sports Betting & Casino Platform

Quote from: Ojima-ojo on January 13, 2024, 04:41:44 PM

Quote from: Dunamisx on January 13, 2024, 04:27:57 PM

Quote from: junder on January 13, 2024, 04:19:38 PM

Gambling can change the attitude of someone who tends to become a stubborn person, and indeed this can of course have an impact on their relationships, whether it be family, partner or friendship relationships, where they will experience the bad effects of gambling, which can make them change as well.

Can gambling actually change someone who is bad mannered for good instead of getting them more complicated in their wrong doings, same way we can see gambling as a means of getting ourselves attached to something that could get us being occupied than having much time on unnecessary things, we should also be mindful of not allowing irresponsible gambling to affect our personal relationships.

For me that don't think that we have alot of positive change coming from gambling at some point and this is because, the outcome of gambling is just either for the fun or entertainment, and if gambling is taking to be a such of income that means that, we are going to experience alot of the negativities that comes along with excesive or uncontrollable gambling, and in essence this could affect our overall well being and also making us to feel or act in negative ways and manners that could affects our total well being at some point.

So if you ask me whether or not gambling affects someone attitude the answer will always be a yes since if you involved yourself so much on irresponsible gambling, it Will have such effects on you outward character also

I also think like that, I think those who gamble will only experience changes in things that are negative, because many gamblers experience negative things, such as addiction and also their finances become unstable because of gambling, maybe only a few people experience changes positive because of gambling, but in my opinion almost no one experiences changes in a positive direction because of gambling.

For someone who gambles, of course they have to gamble responsibly, because many gamblers are irresponsible because their actions make them addicted to gambling. Those who have gambled have certainly experienced a lot of losses and that is because they are not responsible. If they could be responsible, maybe they would not have experienced a lot of losses, because many people gamble excessively, there are no limits to gambling, which makes them himself became addicted to gambling and experienced many losses. and it's true what you said if they involve themselves too much with gambling, it can make it more difficult for them to stop gambling.

danadc

sr. member

Activity: 1092

Merit: 342

Hire Bitcointalk Camp. Manager @ r7promotions.com

Quote from: Mr. Magkaisa on January 14, 2024, 06:54:02 AM

Quote from: junder on January 13, 2024, 04:19:38 PM

Quote from: gunhell16 on January 13, 2024, 06:51:22 AM

Quote from: junder on January 10, 2024, 10:16:16 PM

Quote from: Frankolala on January 10, 2024, 07:52:00 AM

I think that it should be a habit that gamblers should discipline themselves on to make sure that the moment there is a big win, the money should be used to invest or buy something that is worth buying. This will encourage gamblers to always withdraw their wins after they have accumulated it in their casino wallet. It will help to reduce losses.

However, if that gambler thinks that he must always gamble, then he can leave a little amount in his wallet to gamble whenever he wants to because it will be impossible for a gambler to win big and quite gambling immediately. This is rare, since they will think that they can win a bigger amount than the first one

In my opinion, the problem is awareness, many of them have won big but don't cash it out, because I think they are like that because of the greed factor and a sense of dissatisfaction which encourages them to gamble again after getting a big win. and before celebrating the winnings that they have obtained, I think they must first have an awareness of this, and also have good self-control, because if they do not have good self-control, it is very likely that they will not cash in the winnings that they have obtained.

For this reason I also do it sometimes, when I'm gambling then I feel bored, I immediately leave gambling leaving money in the casino wallet and I don't care about it because I'm already bored I don't think much about what to do. another, and I returned after having the urge to gamble again.

I think that aside from awareness, there are others who, even though they know that they will win, will not be satisfied if they play gambling. And so the greed that a gambler has is bad. This is where they always chase their losses in gambling.

And this is something they must overcome, or else they may end up falling apart in the end. It is even possible to affect their family or friends in the end if it is not dealt with properly.

It's clear, their greed makes them lose control in gambling, indeed many of them have won but still feel unsatisfied so they decide to follow their greed where they continue the game and of course with the winnings they have obtained. This makes them even more daring to increase the amount of their bet and this is of course a very risky action, because both can be lost in one game session, that is, the winnings will be reduced or withdrawn by the host, and with capital that may also be lost. In the end, they followed their greed, because of course the host would not give them another win after they had already won.

Gambling can change the attitude of someone who tends to become a stubborn person, and indeed this can of course have an impact on their relationships, whether it be family, partner or friendship relationships, where they will experience the bad effects of gambling, which can make them change as well. You say that if they are addicted to gambling, of course they will face bad consequences for themselves or their families.

- The greed of gamblers in crypto gambling is really sick; it can't be removed, so since it won't go away, let's avoid having that kind of attitude. The question now is: how?

To avoid this habit of having greed, we must know how to control ourselves, like having a limit on the money we gamble in the casino, as I read in what some say here. Second, there must also be discipline, because when you have it, you can automatically control yourself.

Greed will always be a determining factor for a player to go straight to failure, a player will always want to have more since that is something that we all want, but to be in a casino you must understand that it is difficult to do something like that, that there is an opportunity where you can get it and that is very lucky, the self-control that we can have someone in a moment can give us security to be able to have more money, gambling is something that can deceive us, we repeat we have a lot of cattle and then nothing , because there are players who have a lot of winnings and bet everything, whether out of emotions or for another reason.

If in a casino we have won 1000usd and we want more, sometimes a player can take 4000usd or 5000usd, and that could be their mistake, that greed, sometimes winning a little is worth a lot and costs little because we do not know well what we are doing sometimes, That's why in a casino we have to be completely clear about what we Want.

gabbie2010

sr. member

Activity: 2842

Merit: 326

Vave.com - Crypto Casino

Quote from: Briankimp1 on January 11, 2024, 01:27:19 AM

Both gambling and forex trading have similar characteristics which are risks, both have the same level of risks and if care is not taken you can lose all your money, and also when it comes to proactive measures, they still have similar means to protect yourself from falling too deep into such stage.
Trading may be seen as less risky compared to gambling, which is relatively true but then also, if care is not taken trading can give you the same level of negative impact same as what gambling does at some point, tendencies like debts and addiction ls are also present with trading forex as well.

You make a good point but I believe forex trading is way much better than gambling at least in forex trading you have a higher winning percentage if you do proper analysis while gambling is simply a game of lurk.
[/quote]
Similarly in gambling you can also set your budget or limit for losses just as mentioned by the OP so also in forex trading you can also set your Stop Loss to minimize your risk, both are very risky, however using a small percentage of the total fund for gambling and trading would help to reduce risk and protect the account, I also agree that forex trading is more reliable than gambling though both are very risky though experience traders are really earning decent income from trading than gambling however the rigorous task of becoming a profitable trader is quite enormous compare to gambling which requires some little effort and analysis to win bets.

Topic: Responsible gambling - page 13. (Read 3920 times)