For people who does not have enough income to live a comfortable life, we try to find ways to end the struggle, we take big risk to gain big rewards so if we will be successful, we don't need to work anymore and just enjoy the rest of our life doing the things that we can't do due to lack of money.
are you one of the people who dream like this?
Out of luck I made a big earning from gambling. This took place within 24hrs of time. First I lost five ethereum and to recover back I risked another five and got back the lost five along with additional five ethereum. This went on and luck gave me big earning. My mind-set changed to think of making big money and stay comfortable earning through gambling.
Within the next 24hrs I lost what I earned along with my entire balance in the portfolio. Beyond that went for borrowing from friends. Finally I was in huge debt, at that time understood should not think to make money from gambling for living.
This is the biggest and most obvious psychological trick of gambling, the bait and switch. They first give you consecutive wins then you will gain a momentum and you will be caught in the moment that you are feeling high and mighty, then an unknown force just pulls the switch and boom you are losing consecutive times. Then comes the feeling that you might get a break even or you will win back what you just loss so spend more then you lose and you spend again and the perpetual cycle continues and the only thing that will stop is when you are borrowing from your friends which is not a good thing (if you reached this stage, seek help). I knew a lot of people who were in debt because they are gamblers. If you are thinking using gambling as a way of getting financial stability then you need to have a reality check. You could've invested that BTC or ETH but instead you tried to take your chances. Lady Luck doesn't smile on the greedy and idiot people.