Quote from: Japinat on Today at 11:24:36 AM

Quote from: Learn Bitcoin on Today at 10:23:55 AM

Quote from: noormcs5 on July 08, 2023, 06:43:53 AM

Usually, people who win in gambling but not able to cash out or save their winnings and I think this has something to do with a Healthy mindset.
If you do not have the intention to save the wealth, you will lose all your winnings by risking them again in another gambling bet.

Only a mentally strong person who has control over emotions and have money management skills would be the real winner here and will become rich eventually.

It's true. Gamblers lose their winnings because they want to make something extra and a little more than what they won. I am a gambler myself, and I often win double what I deposit. But, most of the time, I want to round the figure. For example, I deposited $20 and won another $20. My balance is $40, but I wanted to round it to $50.

Guess what happens, then. I end up losing them all, including my deposit. We always think we may be able to win a little more, and most of the time, we continue to gamble after having a win. We should have cashed out a portion of the winnings so we don't lose them all.

No gambler is able to deny these things because there is a huge chance that every gambler has been through this experience and even after experiencing it, they still do the very same thing like there's nothing happened in the past at all. It might be ridiculous to read but this is a fact because as a human being, it is very normal to be greedy. What's not normal is doing nothing to avoid such instances.

Well, I was going to argue with you on generalizing this and even calling it a fact, but I quickly remembered what happened to me last year during the 2022 world cup, and I immediately changed my mind, greed is some kind of emotion I think gamblers cant do without, no matter the type of gambler, whether the gambler be a regular one or an occasional gambler, the results are always the same, the only difference is that, for the regular gambler, he or she stands the chance of dealing with greed almost everyday, in one or two sessions as long as he or she is gambling, but for the occasional gambler, greed only sets in once in a while since they are not very active with gambling.

For example, I am an occasional gambler, and I hardly deal with greed when ever I gamble, but like I said above, my personal experience have taught me that greed can sure possess anybody when ever it comes, but i think with us always being on alert, we can always overcome greed, but then, many of us who are gambler most of the time play while being absent minded, this is why we usually dont know when greed has possessed us, we feel we are still doing the normal thing like before, and before we realize ourselves, money is already gone with the wind.