Quote from: notocactus on June 26, 2025, 05:21:56 AM

Quote from: maydna on June 26, 2025, 05:01:02 AM

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Everything related to money must be planned carefully and very detailed including preventive plans for exits in bad situations as well as have to be practice with good discipline. Money is not hard earning so we always have to defend our capital as best as possible with either investment, trading or gambling. Because of higher risk in trading and gambling, we need to use very mall part of our capital for risky trading and gambling while main capital must be in investment especially Bitcoin investment.

Indeed. We can not just use too much for gambling especially if we have so many plans with our money. We must allocate the right amount of money to playing gambling so we know when we need to stop gambling.

A bad situations can happen anytime so we must have preparation what if that happen to us. If we can split our income for many parts, that will help us to see the limitation that we make for each needs. If we can win from gambling, that will be a bonus to us and we can enjoy the win money.

Quote from: notocactus on June 26, 2025, 05:21:56 AM

Quote from: maydna on June 26, 2025, 05:01:02 AM

~snip~

Having demo in investment, trading and gambling to use, practice strategies is good but not enough for success. We must know that there is very big difference between demo and actual investment, trading or gambling.

If we see success from demo accounts and naively think that we will easily gain similar success in actual accounts and our own funds, we might become carelessly while there are more challenges waiting for us. There is danger of losing fund in actual fund and activities as there is more mental pressure than in demo accounts and we can not have mental rehearsal with demo.

If we are beginner in investment, trading, and gambling, we don't have to think about success because we still new and need to learn more. But if we can improve our skill and have experience, we can expect to make a profit and increase it time after time. There is a differences between demo and actual so we can take the lesson until we can have a good skill.

Quote from: dwyane36 on June 26, 2025, 08:37:19 AM

Quote from: maydna on June 25, 2025, 09:24:04 AM

I am not sure if you use real money, you will win big like what you got in demo Grin

To be honest, I also have the impression that the chances of winning in demo versions are always higher than they are in reality. Moreover, this is typical both for gambling (demo slots) and when you use a demo account on CEXs. I wonder if this is done on purpose to make users believe in their strengths.

That is normal because a person's curiosity will arise and make him decide to make a real money deposit. He wonders what will happen to him if he uses real money. Yes, slots can tempt them easily by giving a big winning in a demo account so they must be wise before deciding.