~snip~
The saving and investment is the best option for the long term.But if you are gambler and having gambling habit,you never stop it at any age.The good gamblers will do gambling with discipline and periodic manner.The gambler use all this two option for their long term profit,the first one is they gamble and store the profit in separate wallet for their future.Saving your profit in terms of cryptocurrency is most important one.Because the holding may double in some years using the cryptocurrency savings.The investment of fifty percentage of the saving is good option.So the saving and investment will handle some of the future loss from the gambling.This allow the gambler to have fun in longer period as compared to unplanned gambler.
Yes, but if you keep gambling for a long time, eventually all your money will be lost in the gambling activities.
There's no real savings when you are gambling, you are just winning and losing, and overall losing a bit more, so expected return is negative.
If you keep playing and not to look back, then it's true that all of that money is in your hands, even you manage to win, some will return
and lose to the house eventually.
There's nothing you can do if you are unable to control your greed. Addiction is what really affects your
decision making, instead of stopping you, keep trying to win for more. A kind of greed that being developed
from time to time of your gambling participations.
The problem is that in the middle of a gambling session there are many feelings that go through the gambler body and spirit with of course the greed being the predominant one especially when you are losing more than when you are winning.The cases of greed when you are losing are much more difficult to handle as you try to win back your money and chase loses and we know that when everyone does that it means that most likely will lose more and more money as chasing loses brings only more loses.
When winning sure there are some people,I would call them the worse as their greed tells them to keep going and they think they will be rich overnight and these people also lose all of their money but there are some people that call back to reason when they are winning and stop and withdraw the money,these are the only smart gamblers.