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Showing 20 of 8,692 results by Mahanton
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Board Gambling discussion
Re: Returning back to gambling after quitting
by
Mahanton
on 09/09/2025, 03:24:00 UTC
Have you read that Bible chapter and verse that talked about the demon Jesus christ casted out of a man, that after a while, probably some days, weeks, months or years, the demon returned to check on the man and realized that the man was empty, and the demon went and brought seven more demons stronger than itself, and they all possessed the man again, and we were told that the later state of the man became worser than the former.. This is the story of a person I used to know..

Few days ago, I meet someone I used to know a long time ago after loosing contact for a long time, he was a gambler back then but before we lost contact, he stopped gambling as he found out he was gradually becoming addicted as at that time..

Long story short, I found his profile on Facebook, I messaged him and we started chatting, it turned out he now lived in the same city where I live, reconnected and meet again few days ago, he had grown very lean like someone who was sick or doesn't feed well, I tried to find out what the problem is with him and I found out he is now a chronic gambling addict, I tried finding out from him what lead him back to gambling but he simply said it's a long story and wouldn't say anything anymore...

And within myself, I am still wondering, what could possibly lead a person back to gambling after successfully quitting initially? Know well the reason for initially quitting was addiction, does it make sense to go back to gambling and become even more addicted?
Addiction has a way of sneaking back in even after someone has walked away from it for months or years when a person quits it feels like they have broken free but if the reasons behind the addiction aren’t fully dealt with the habit can lie dormant waiting for the right set of circumstances to reappear stress difficult life situations loneliness even small triggers like seeing others gamble or being near a casino can pull someone back in what starts as a small step back can quickly spiral and often the second time around it grips deeper than the first. Many people relapse not because they don’t know it’s destructive but because the brain remembers the temporary high and convinces them that this time it will be different that they can control it the reality is the addiction usually returns with more intensity and the person feels stuck in a cycle that is even harder to escape than before.

Breaking free is more than just stopping it involves building new routines finding healthier ways to cope with stress surrounding oneself with supportive people and replacing the old triggers with better habits without that replacement the emptiness can be filled again by the very thing they tried to escape that is why relapse stories can look much worse than the first round. Sometimes it also comes down to silence and shame people may not talk about what they are going through because they don’t want to be judged so they keep it inside and it grows heavier until the addiction becomes their only outlet understanding this can help approach them with patience and care because harsh words or judgment will only push them further into hiding.
Post
Topic
Board Gambling discussion
Re: Tell me how this is not laziness
by
Mahanton
on 06/09/2025, 20:33:00 UTC
So laziness do contribute to irresponsible gambling.

Or you think I am wrong? It's very hard to make money in the real world this days, too many people are jobless because of economy or lack of business slots available and this has a negative impact on people.

Many addicted gamblers I know are not ready to go the normal hard route to make money, they are isolated and finding ways to make the money easily then gambling became the only option to them.

I am saying all these people because i did helped two people on my tuff or so I thought, I found them web3 jobs online and since they love isolating themselves I should be easy, I waited patiently thinking that finally they will escape the tense of gambling and losing money and focus on having a life but they started complaining that they can't wait long to make money.

It's like they won't want to work and yet gambling isn't helping either, I guess this effect happened because they have tasted how it feel like to win some money through gambling so they shut every other doors.
You’re not wrong at all laziness does contribute to irresponsible gambling but i’d also add it’s not just laziness sometimes it’s a mix of impatience lack of discipline and the false hope gambling creates once someone tastes that quick win even if it’s small it rewires their mindset into believing money can come easy without the grind of real work that “shortcut mentality” takes over and then regular jobs or building skills feel too slow too boring too hard.What you experienced with the two people you tried to help is a perfect example even when opportunities are there they don’t want to wait they want instant results the same way gambling delivers quick wins and losses the danger is that the brain gets addicted to the thrill the rush of “maybe this next bet will hit” and that makes everything else feel dull and worthless.

It’s sad because gambling in that state isn’t just about money anymore it becomes an escape from reality and responsibility a kind of coping mechanism for joblessness stress or lack of direction but in the end it just deepens the hole because they keep losing and keep refusing to face the long road of steady progress. The truth is making money the right way will always be slower but it’s stable it builds discipline and confidence while gambling in that mindset drains everything away it’s not impossible for people like that to change but they first need to accept that easy money is an illusion without that shift in mentality even the best opportunities like the web3 jobs you gave them will be wasted.
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Topic
Board Speculation
Re: Possible value of Bitcoin 10 years from now.
by
Mahanton
on 06/09/2025, 19:32:57 UTC
I’ve been hearing a lot of different opinions, and I’m really curious, What could Bitcoin be worth 10 years from now?
Is it still a good idea to invest in Bitcoin for the long term?
I'm just trying to understand if it’s something worth holding onto over time. Any advice, or beginner tips would be super helpful!

Thanks in advance!


It is not possible to say for sure that there will be profit by investing in Bitcoin, because none of us know exactly what will happen in the future. If you plan a long-term investment in Bitcoin with the right plan, you can expect profit. It does not require a specific time or additional knowledge and a lot of money to start investing in Bitcoin. Along with some basic considerations, it is extremely important to have a discretionary income. If we look at the history of Bitcoin, we will see that its use has increased all over the world and people are very comfortable investing and the price of Bitcoin is increasing over time, so something good can be expected through a long-term investment plan, but investing with awareness and patience is the most important thing.

Bitcoin has always been one of those assets people argue about some say it’s a bubble that will pop and others say it’s digital gold that will only get stronger over time ten years is a long time and a lot can happen in the world economies politics and technology all of which affect the value of bitcoin what history has shown us though is that despite the crashes bitcoin keeps recovering and setting new highs so the possibility that it could be worth far more than it is today is not out of the question.

Long term investing in bitcoin isn’t just about chasing a price target it’s more about believing in the technology and the idea behind it decentralization borderless money protection against inflation those are the core reasons people hold it for the long run if you’re just starting my advice would be to only use money you can afford to set aside don’t stress over daily fluctuations and don’t go all in at once instead consider buying in small amounts regularly this reduces the risk and lets you benefit from the long term trend patience and consistency are key because in the world of bitcoin nothing is guaranteed but over time history has shown holding has rewarded the patient ones and with each cycle adoption grows institutions governments and individuals are paying attention so the next decade might not only be about price but also about how bitcoin becomes a bigger part of the financial system which could make long term holding even more valuable.
Post
Topic
Board Gambling discussion
Re: Drinking vs Gambling
by
Mahanton
on 06/09/2025, 14:38:43 UTC
I never allow myself to play even with light alcohol, something like beer, because I understand perfectly how it works. It all starts small, when you just want to relax, and ends with just lost money, because alcohol dulls our feelings and we are ready to take more risks and even not control it at all. There have already been millions of such stories and it is better to draw conclusions and learn from other players than to go through this path yourself, experiencing everything on yourself.

That is the way it should be, personally I know that things with alcohol are very delicate, that is why I have always said, alcohol plus money are not compatible at all, just like driving, you cannot drive with alcohol because the life of the person driving and those on board is very much in danger, it is okay to drink just a little but not too much, whatever you do to cool down, that way nothing happens, the bad thing is when the person starts to get dizzy or happy.

We drink alcohol even though we know that it is harmful to the human body. I have seen some people who gamble while intoxicated. I think gambling while intoxicated is a big wrong decision. Because when a person is intoxicated, he is not in a normal state, at that time if he gambles, he is not in control of himself, so he cannot even think about whether his money will be at risk by making a wrong decision.
This is why one should never gamble in a state of intoxication, or even take it, one should stay away from it completely, because this leads to deep physical harm to a person and also makes him lose control of himself, due to which he also faces a lot of financial disaster. It is very true that in a state of intoxication, a person loses the ability to understand right from wrong, and if he gets involved in something like gambling, then there will be no way for him to escape from the disaster. So I think if a person can stay away from drugs in particular, then it is good for him in all aspects.
Alcohol and gambling is one of the most dangerous combinations because both activities already involve risk and once they are mixed together the control that a person usually has starts to fade away decisions that could be carefully thought out while sober suddenly become reckless moves that lead to losses the sad part is that many realize this truth only after it is too late after money is gone after health is affected and sometimes after relationships are damaged it is far better to avoid putting yourself in such a situation in the first place. Many people use alcohol as a way to relax from stress but when relaxation turns into dependency it quietly opens the door to more problems if you add gambling on top of that it becomes a cycle that is hard to break because one loss leads to another drink and another drink leads to another bad decision the cycle continues until everything is gone self control disappears completely that is why it is wise to place boundaries before ever reaching that state if someone truly values their finances health and peace of mind then gambling should be done with full awareness and alcohol should be avoided to maintain that awareness.

There are people who will argue that a single drink will not hurt but even one small slip can sometimes trigger bigger problems especially for those who already struggle with emotional balance or stress gambling requires patience and clarity of thought while alcohol brings confusion and impulsiveness they simply cannot go hand in hand keeping the mind sharp and the body healthy will always provide better results than chasing excitement under the influence in the long run staying away from intoxicants will not just help in gambling decisions but also in maintaining a more stable and successful life overall.
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Topic
Board Economics
Re: To have kids or not to? Your opinion from economy perspective
by
Mahanton
on 05/09/2025, 17:10:11 UTC
What title says,

unless one is well off himself one should not be having kids, this is my opinion.

What about you?
A man is not qualified to marry when he cannot support himself. If he cannot earn his own income, then how will he feed his wife after getting married and how will he establish himself because he himself is an incompetent person. How can he have children if he is not able to earn enough to feed his wife? There is no question of having children here.
Basically there are no retirement moment for man because for their life the man should have ability to feed their family even when they were retire the man should be can earn money to buy family daily needs and having children is the dreaming of some people and the reason why the people want that because they want in the old age those childrens can take care of them but sometimes the parents forget that to raised the children it took a lot of effords and money especially for the increasingly expensive cost of education and these situations too makes some of my friends have decide to childless for their entire life
Financial stability is one of the most important factors when considering starting a family without a reliable income or savings any unexpected event like medical emergencies job loss or even sudden economic changes can create pressure that makes raising children extremely difficult it’s not just about providing food or shelter but also education healthcare and opportunities for growth without preparation parents and children can both suffer long term consequences.Emotional readiness is just as critical raising kids takes constant attention patience and energy parents who are struggling to support themselves financially often cannot meet these needs which can affect children’s development education and overall well being it’s not just about wanting children but being able to give them a safe and supportive environment.

Society often glorifies parenthood as an achievement but responsible parenting is about timing planning and stability choosing to stay childless or delaying parenthood can be a conscious and smart decision it allows individuals to focus on personal growth career stability and building a foundation that can support a family in the future when the time is right children can then be raised in an environment that nurtures them properly and ensures they have the best possible start in life.
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Topic
Board Gambling discussion
Re: What do gamblers have in common?
by
Mahanton
on 05/09/2025, 12:38:23 UTC

We always talk about addictions, about how to gamble to achieve better results, but the topic of what goes through the mind of a healthy gambler is almost never touched upon.

Healthy gamblers are the majority. I wonder if there's something we all have in common that keeps us on the right path and never oversteps our limits.

Perhaps it has something to do with the time we dedicate to gambling, whether we do it for fun, or even if we have other things that take up most of our free time, like family, sports, exercise, or spending time with the people we love.

As a general dynamic, I'd like to know what you do when you're not gambling. I mean, I don't expect you to tell me about your life. The question is more focused on: What activity you do is above gambling? I mean, something you prioritize in your life more than gambling, or what you like to do. What would make you stop watching the Champions League final, for example?
Well from the topic which says what do gamblers have in common I would say it Greed, in ad much as a lot of people will say they play for fun they still really want to win. You are playing for fun and you get gutted when one of two games spoil your bet. There are people who won’t really admit that they have an atom of greed in them but I would say this, if you don’t have an atom of greed in you then you won’t be gambling.

Well as for me what I actually do when I don’t gamble or what I do when I want to take a break from gambling is I play football, it helps so much, it makes me forget about gambling totally. Another thing I do also is playing video games, it is something I love to do, it takes much of my time and before I realize I had actually stayed away from gambling in a while.
Healthy gamblers often have a way of grounding themselves in the real world they don’t sit glued to the screen chasing every odd or line instead they put life first and gambling second if it even makes the list at all many know their priorities clearly family work health and passions come before any bet this mindset alone separates them from those who spiral because once you see gambling as just a game you don’t confuse it with survival.There’s also a shared awareness of limits most keep their bankroll small enough to shrug off a loss without stress when the money’s gone they stop when the session ends they move on they treat it like buying a movie ticket or paying for a night out the fun is worth the price but it doesn’t run deeper than that healthy gamblers enjoy the ride but never bet more than they can lose and that simple boundary is often the shield that keeps them safe.

What they do outside of gambling is often more important than the gambling itself football gaming working out traveling or even quiet hobbies like reading and gardening give balance and variety these activities remind them there are richer experiences than a winning ticket personally i’ve found that team sports and hanging out with friends reset my mindset completely it’s hard to think about odds or wagers when you’re fully present in something else.Healthy gamblers don’t deny the thrill of winning but they don’t chase it endlessly either they understand that losses happen they understand that tomorrow always brings another chance they carry patience in one hand and discipline in the other gambling then becomes nothing more than a flavor in their life not the whole meal it stays fun because it stays small and that’s the one common trait that ties all healthy gamblers together.
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Topic
Board Trading Discussion
Re: Your Fatal Crypto Mistakes
by
Mahanton
on 05/09/2025, 11:39:58 UTC
Have you ever made a mistake that resulted in the total or partial loss of your crypto assets?
Personally, like many people at the time, I stored my secret key in a file on my PC... which I accidentally deleted. I lost everything.  Grin Grin

Have you had other similar experiences?


I think no matter how care free you may be pertaining this, you will most likely fall victim of this circumstances and otherwise become an accident. I was also in this situation and have lost hope already but what saved me was the fact that i sometimes write down some reasonable key password and that's how I was able to recover that assets.

Everyone can be careful and try their best to keep important wallet information so as not to experience accidents. Our ignorance regarding the risks that we are very likely to encounter makes people easily underestimate small things. This leads to carelessness. After the loss, they will feel regret for losing all their assets. Hopefully, they will become more concerned about this.
Losing a wallet or private key shows just how fragile digital ownership really is unlike other assets where you might have a legal trail or an institution to fall back on in crypto once the keys are gone the asset is effectively gone forever that finality is what makes so many people cautious after the fact it’s not just about losing money it’s about the realization that one tiny slip a deleted file a broken hard drive even a spilled cup of coffee can erase years of savings or effort in seconds.

That’s why veterans always preach redundancy and diversification of storage one backup is never enough because if that single point fails everything fails safer practices mean splitting storage across hardware wallets paper backups and even metal plates that survive fire or water damage some go further using multisig wallets where access requires more than one key which lowers the risk of a single accident wiping everything people even store backups in different geographic locations to protect against natural disasters or theft,But beyond the technical side there’s also the mindset side people often underestimate the risk because they think it won’t happen to them until it does ignorance breeds carelessness then comes regret and after regret usually comes discipline once burned most never take key management lightly again they create detailed processes they rehearse recovery steps they warn others to avoid repeating their mistakes in a strange way the loss teaches a level of responsibility and awareness that becomes priceless later on in the crypto journey.
Post
Topic
Board Gambling discussion
Re: Sometimes its good to have patience in gambling.
by
Mahanton
on 05/09/2025, 10:55:11 UTC
Patience is important in life so that people can think things through before making decisions but there are times in life when you need to make quick decisions. Being patient in gambling is not a guarantee that you will win your bet likewise making a quick decision on whether to cash out or not is not also a guarantee of winning. So a bettor needs to think fast when presented with the option of cashing out whether to take it or not. You need to decide what you want and stick to it and you should accept whatever outcome you get, don't blame yourself if you lose because that same strategy can give you a win another time.
Absolutely correct, I think in real life stuff having patience can help one achieve thinga he or she wants to achieve, is just when we say for anyone to achieve a bulky Bitcoin portfolio, such persons must have to presevere, must be patient enough to achieve there goals but in gambling having patience might be your worst decision, you know why, that's because gambling is not investment and another thing is you can't see the end from the starting even in a match you betted on and may be your preferred team is on 3:0 from the first half, shit can still happen, so patience work in too ways in gambling, is either it fails you or you win, in terms of cashing, the decision is for the gamer to make but sometimes it is better to cashout than to lose it all but if you know you can bear it when you lose the game fine if you can't cashout and don't get mad at yourself when the game win too.
Patience in gambling is tricky because unlike investing or real life projects there is no compounding effect the longer you wait there’s just randomness playing out and randomness doesn’t reward patience in the same way so a bettor needs to balance patience with decisiveness patience can help you avoid chasing losses or over betting when emotions run hot but it can also trap you into watching a bet collapse when you could have secured a profit with cash out.

The reality is no matter what choice you make sometimes it works sometimes it doesn’t if you cash out and the game flips in your favor you’ll feel regret if you hold and it collapses you’ll feel regret too so the only way to stay sane is to set rules before the game even begins know your risk tolerance ask yourself if you’d rather secure small consistent wins or swing for full payouts once that decision is made stick with it no matter what happens that removes the emotional spiral because you already accepted the outcome.Another angle is bankroll protection if you use patience to avoid tilt and over staking it becomes a weapon patience can be waiting for the right spots instead of betting every match it can be skipping the game you don’t fully understand it can be walking away when you’re tired or emotional that type of patience actually makes you a stronger bettor and reduces losses
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Topic
Board Speculation
Re: Feel the pressure?
by
Mahanton
on 05/09/2025, 09:45:20 UTC
I'm fascinated by psychology and how people react to this by receiving the mood and amplifying it themselves.

Let's say you are a person with 10BTC bought at $80k. When we went to 100k you sold some of it, like 20%, so you now have 8 BTC. It went to 124k and now is down to 111k. Logic dictates that you should be happy with 0 pressure to sell because you're nowhere near a loss and the price is above your last sell, and far above your buy, yet in reality you will most likely be unhappy and feel like you should sell more. Why?

-other people are negative
-red candles induce fear of the unknown. What if it goes down more and never stops?
-downtrend makes you feel like the whole investment is somehow flawed and endangered
-you don't know what's up, but maybe others do? Maybe you should follow the group? Do what others are doing?

It's funny, but some of my friends told me that they'd feel better if they sold just a bit, even 10% of their coins and that would make them feel better and safer. According to them, selling a small amount would calm them down.

How do you guys feel during a time like this?
People feel exactly like you described, anxious, torn, and strangely tempted to act even when the math says otherwise. loss aversion and the disposition effect make unrealized gains feel fragile, recency bias and red candles make the brain expect more pain, social proof and herd thinking whisper maybe others know something, anchoring to the peak (100k or 124k) warps reference points so 111k feels like a drop not a win, and fear of regret pushes people to sell small amounts just to feel safer, even though that can hurt long term performance.

i feel the tug too, a mix of excitement, boredom, and that itch to “do something”, and honestly selling a tiny slice to sleep better can be totally valid, it’s mental insurance not a crime, practical fixes that help: set rules before the swing (predefined sell/rebalance levels), use a named “calm” sell amount if you need peace, ladder sells instead of one panic move, keep a short trade journal to see patterns, check less and trust your thesis, run decisions through a checklist (“will this change my investment case?”), and remember novelty wears off, if you make small, planned moves you keep control without handing emotion the wheel.
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Board Gambling discussion
Re: gambling and divorce
by
Mahanton
on 04/09/2025, 16:56:49 UTC
is there a connection between gambling and divorce rate?

Research from the National Gambling Impact Study Commission and the Gambling Impact and Behavior Study indicates that divorce rates for those dealing with gambling issues are estimated to be around 40% for problem gamblers and approximately 54% for pathological gamblers.

i think the moment we hide our gambling habits from our partners that is the moment we will get in trouble because that is when trust crumbles and when you get in trouble in gambling and have to tell your partner you will be surprising them

not to mention some people also spend money from money that both the partners contributed in

so aside from gambling responsibly, will you agree that we should disclose our gambling habits or is it not the business of our spouses? does gambling really have the capacity to break up a marriage or a family?
Men with wives that have hate for gambling would prefer not to say it to their wives about their gambling indulgent and may want to make it a secret. Sadly, this cover would blow and spoil the existing trust that was there in between. But should men with wives that hates gambling and wouldn't want the husband to gamble any longer despite knowing it's an activity the husband loves doing with his leisure time, should such men stop gambling just because their wives unapproved of it? Does it deny the man his right to freely do what he loves doing.

I think two couples can come roh and have a thorough dialogue on how to both compromise on each others fond of interest even when it doesn't align with the next person it's only by compromise they can work things together to help one another engage in the right and responsible manner at it.
When a man’s wife dislikes gambling and the man enjoys it as part of his free time, it’s a tough place to be keeping it secret might seem like a solution but that usually just breaks the trust and makes things worse in the long run.

Ideally, couples need to talk openly and honestly about their different interests even if they don’t agree they can find ways to compromise so both sides feel respected for example maybe limiting gambling time or money spent so it doesn’t affect the relationship or finances it’s not about giving up what you love but about making room for each other and being responsible so neither feels hurt or ignored.At the end of the day, no one wants to deny someone their passions but relationships need balance and respect otherwise one side’s happiness comes at a cost to the other so talking and finding middle ground is the only way really to keep things working without resentment growing. Also, knowing when to take a step back is crucial if gambling causes real problems or stress in the relationship it might be time to rethink how much you’re involved in it so both people feel safe and valued. In any case hiding things never solves the deeper issues over time it builds secrets and distance so it’s better to face the challenge together with respect and patience it’s never easy when interests clash but finding a shared way forward is what keeps relationships strong in the long run
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Board Bitcoin Discussion
Re: What was your first impression of how Bitcoin works?
by
Mahanton
on 04/09/2025, 15:59:03 UTC

Everyone is very accustomed to the banking system, where you can always contact the support service or pension office and complain that money has disappeared from the account, but in the world of cryptocurrencies, as you correctly noted, we ourselves bear full responsibility, if someone has lost the keywords for restoring a Bitcoin wallet, then no tears and no support service, because they will not be able to help in any way. Therefore, cryptocurrencies teach us to be very independent and careful.

I completely agree. I have a friend who basically introduced me to the world of cryptocurrencies. He once got a lot of ETH practically for free, but then he forgot where he had stored the seed phrases for the wallet. For a long time, he tried to figure out how to regain access to it, but unfortunately, he never succeeded. Sometimes our own carelessness prevents us from becoming very wealthy,this is a clear example from my life.


So could one resolve that the coming of bitcoin has assisted many people to become more Responsible with handling their assets because what seemed to be underrated before which includes the responsibility of holding our assets. I remember when we were growing up, our parents used to store their money through different ways, on metals, digging grounds , etc. Then was the era where they saved their moneies at homes and didn't take them to the banks because only a few of them believed in the banks then but as things got better and times came when the people started trusting on the banks and started storing their money there. Now comes a time when people are tired of.storing their funds in banks and are now using other Digital alternative means to store their funds like the BTC, ETH, SOL among others


Cryptocurrencies have introduced a level of personal responsibility that is completely different from traditional banking losing access to a wallet or forgetting seed phrases means there is no one to turn to for help unlike banks where customer service can reverse mistakes this creates a culture of carefulness and self-reliance every transaction and every storage decision is fully on the individual. Over time this responsibility changes how people think about their assets it encourages planning, backups, and disciplined management of funds people who grew up with physical savings or traditional banks are now learning to combine that experience with the independence required in crypto wallets digital assets push individuals to be more organized and accountable because mistakes cannot be undone this shift also teaches respect for security and the value of proper handling which can benefit other areas of financial life beyond cryptocurrencies.
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Topic
Board Gambling discussion
Re: Do casinos make more money when the price of Bitcoin drops?
by
Mahanton
on 04/09/2025, 15:00:35 UTC
When Bitcoin's price drops, many people end up losing money and become discouraged by the market. But online casinos continue to operate normally and receive bets every day.

This makes me wonder: do casinos actually earn even more during these downturns? After all, some players may gamble to try to "recover" what they lost.

Or is it the other way around? Since players have less money available, do they bet less, and do casinos also make less profit?

I prefer the former to the latter. Gamblers will always gamble regardless of market conditions. They may have less than their usual bankroll, but they will continue to play; old habits of gamblers don’t easily die. Despite a market shift, casinos continue to engage in massive marketing efforts, even in a bear trend.

Casinos derive their profits from their users playing in their bankroll and not from cryptocurrency fluctuation.
There may be a drop in profit, but as long as the number of gamblers and their deposits remain stable, they will continue to make a profit.
The thing with casinos is they don’t rely much on what the market does they rely on the consistency of human behavior and gambling is one of those behaviors that rarely disappears even when people lose money in crypto or other investments many of them will still head to casinos as a way to either cope with losses or chase quick recovery.In downturns some players might reduce their bet sizes because of tighter budgets but the volume of players often stays the same and sometimes even grows because people look for distractions during hard times casinos also keep pushing aggressive promotions free spins deposit bonuses and flashy campaigns to keep the flow of gamblers steady so while the average bet size may go down the overall activity tends to balance things out.

On the other side it’s also worth noting that casinos are structured businesses built with a house edge which guarantees profit over time whether players win or lose in the short term so long as gamblers keep playing casinos remain profitable and this edge doesn’t change with bitcoin’s price movement crypto is just a medium of payment for many casinos their real income comes from play volume and the statistical advantage they hold.So while the market may shape player psychology the habits of gamblers plus the built in profitability of casinos make them resilient to bear runs they may see slight dips here and there but the system ensures survival and most times steady income.
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Topic
Board Economics
Re: To have kids or not to? Your opinion from economy perspective
by
Mahanton
on 04/09/2025, 14:01:00 UTC


Oh wow! Did you mean that for real? That 80% of Africans hardly afford 2 meals a day?

Is it really that bad in Africa? I bet Africans still must be savages, living in house made of mold and don’t know what a sky scrapper is you know, don’t have access to some of the best of technologies and still rides horses!

We say these things and when it’s Africa, it seems true, easy to accept but, mind knowing the land, the people and appreciate its culture.

Africans still get to live rich lives!



When it comes to raising a child, it’s no easy mile and you don’t get to relax it on finances alone. Yes, finance plays a huge role to this but, you get to teach morals and character too. I don’t advocate having way too many children if you haven’t gotten a stable source of income. You need it, you don’t get to put them kids through the harsh realities of your youths, you owe it to them to make it better. Many parents sacrifice their happiness for their kids as it should be but, it wouldn’t be so hard or get to that should you make proper planning and investments when you are a youth.
Yes some countries especially Nigeria is still living in the 15th centuries in terms of development but there leaders go about fabricating fack stories about the level of development in the country just to convince the world that they are working in the country, all are  fallacies just to justify there level of corrupt activities when the country have been heavily blessed by god in mineral resources of all kind. The leaders all believe in self wealth, embezzlement of public funds and never consider there subjects wellbeing at any time, if i may ask why do there leaders prefer going for medical treatment outside the country when they have hospitals.
Not that there are no rich people over there but when above 60 percent of citizens are living below average life it means the citizens are suffering and affording some good schools become an issue.

It’s really not as black and white as many people outside the continent imagine africa is not a single story of poverty or savagery there are big modern cities with skyscrapers highways tech hubs and wealthy people alongside villages where life is still very tough it’s a land of contrast where some nations are developing fast while others are struggling with corruption bad leadership and lack of infrastructure so when people generalize africa as backward it ignores the reality that it is both rich in culture and resources but also facing deep social and economic challenges.

Raising children in such environments becomes even harder because parents have to balance financial strain with teaching values and morals many sacrifice everything to give their kids a chance at a better life but it’s also true that poor planning and having more children than one can support makes the struggle heavier leadership failures worsen the situation because resources that should be used for schools hospitals and jobs often end up in the pockets of a few until corruption is reduced and opportunities are spread fairly many ordinary africans will keep fighting to survive on little even though the land itself is rich enough to sustain much more.
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Board Gambling discussion
Re: Is it important to gamble even when you know your win are not guaranteed .
by
Mahanton
on 03/09/2025, 21:10:32 UTC
A lot of new gamblers sees it as a do or die affair if they don't win their games and that is why they turn out to be more addicted in gambling because they keep on chasing their losses and ends up becoming a liability/ burden to their families, now the question is must you gamble to make money?

 Are there no other means to make money or become wealthy except through gambling?

After knowing fully that gambling wins are not guaranteed, some persons don't even win at all within a year then why having such mentality of making money through gambling, or is it that their is a certain phenomenon  attracting people to gambling that is difficult to understand aside from the entertainment aspect of gambling, because it's really funny to see most people nowadays gambling for money and not for the entertainment aspect even if we have little mindset of winning some day.
Gambling isn't a must neither a do or die affair, and I don't actually see the need of gambling when you are not making wins, you gamble you loose you gamble again, what's the essence of doing that is it an investment platform that at the end of a particular period of time you get your money back with income?
Most people don't understand that gambling is a game of win and loose tho the losses are usually many but at least there are supposed to be win's form player not just dashing the platform money and putting yourself in a financial bondage .
Many new gamblers actually approach it like a battlefield thinking if they don’t win then they must try again until they recover their losses but the truth is that this is exactly what pulls them deeper into addiction because losses in gambling are not something that can be chased away with more bets the more someone chases the more they sink and eventually it doesn’t just affect them but their family and loved ones too. Gambling should never be seen as the only option to make money because there are countless other ways to build wealth through skills investments business or even consistent savings but because gambling offers that illusion of quick money it becomes attractive especially to those who don’t have patience for the long process of building success the irony is that what looks like the fastest route usually ends up being the hardest fall.

There’s also this psychological pull in gambling the thrill of maybe winning one day keeps people hooked even though deep down they know the odds are against them it’s like chasing shadows and convincing yourself that one big win will change everything but that win doesn’t come for everyone and for many it never comes at all. So why keep feeding an activity that doesn’t guarantee returns unlike a real investment platform gambling doesn’t promise profit at the end of a cycle it’s not structured for players to win consistently it’s designed for the house to profit and for most people the result is endless losses. Gambling isn’t a must it’s not a do or die affair and if it doesn’t bring joy or entertainment then it makes no sense to keep doing it it becomes a cycle of handing money over to the platform while destroying your own finances and peace of mind.
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Topic
Board Trading Discussion
Re: Failure is never final
by
Mahanton
on 03/09/2025, 19:57:50 UTC
...because trading is also a game of luck and there's no one person that is perfect in prediction, just that when you are favored, it looks like you're the champion but I tell you that no champions forever.
Trading is more a game of skill than just luck if you like to describe it in the sense of a game. People who master this skill become better over time; their win rates improve with consistency and practice.

If you think of trading as a game of luck, you would never really put in the effort to develop the skill required to be successful in that field.
For those who are not experts in trading, profit from trading depends on luck. Because they do not know how to do proper analysis and they can never take the right steps, they make different decisions emotionally and from there if their luck is good, one of the decisions is effective. However, those who are experienced and have many skills can do well in trading. And they are the ones who are successful. Those who trade by giving priority to emotion gradually start losing and they give up trading with failure. This entire process is a game of mind. Those who can manage their mind properly can achieve their goals and others consider failure as the end.
Trading is more complicated than we can ever imagine and that's one of the reasons why when you analysed the market, and take a trade, you can still lose money whether you analysis is correct or not. The price of Bitcoin can choose to go up or down without you having the full understanding why price is going down or up. Sometimes, the fundamental analysis do give us clear reason for the price of Bitcoin going in the direction we are seeing it.
People that are very good at using fundamental can be very fortunate entering the market in using a strict medium to predict the price of Bitcoin.
Trading carries more complexity than many people expect even when analysis appears correct the result can still be a loss markets are influenced by countless factors at the same time and no one can predict all of them bitcoin shows this clearly sudden moves happen without warning and price can rise or fall in ways that seem disconnected from the chart or the newsTechnical analysis helps provide structure and probabilities while fundamental analysis sometimes gives context behind a move but neither one offers certainty at best they increase the odds of being on the right side of a trade people who have mastered fundamentals can sometimes enter at good moments especially when major adoption news or regulatory shifts change the overall market mood still even the strongest signals can fail when sentiment shifts unexpectedly.

For this reason the focus in trading often shifts from trying to be right every time to managing risk and protecting capital risk management means setting stop losses knowing position sizes and never risking more than a portfolio can handle discipline and patience often separate long term survivors from those who burn out quickly. Psychology plays a big role as well fear greed and impatience can lead to mistakes even when analysis is sound successful traders learn to accept losses as part of the process rather than chasing every move or trying to win on every trade consistency and control matter more than being correct on every prediction.
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Topic
Board Gambling discussion
Re: Slots or Casino are designed for people to lose.
by
Mahanton
on 03/09/2025, 18:17:27 UTC
Generally, all casino games are designed to make gamblers lose, and we must realize this from the start because sooner or later our bankroll will be depleted. This is where most gamblers miss a crucial point that should be recognized from the start.

Remember, this is just a game of chance, not everything. We can get lucky, but losing is inevitable. Any winnings we achieve, if we aren't careful in our approach, will only fade over time.
I quite agree with many people in forums who say a more mature attitude is needed, and this is certainly true. We know that if we don't approach this maturely, we will inevitably become trapped in a cycle of gambling that creates false shadows without realizing that they are in business for profit, and we are destined to lose from the start.

I am not sure that casino owners goal is to make gambler lose. If gambler lose everything, they will never return. Its the same as saying that every business goal is to take money and dont provide any good or service, or saying that medicine is created not to cure, but to keep people half sick/half cure. You said it yourself, gambling is game of chance, casinos also risk their money when they let gamblers play. People lose a lot of money not because casinos a made so, but because they are greedy.
As I emphasized earlier, this is just luck. It doesn't mean we can't be lucky, but losing in gambling is a certainty because sooner or later this situation will occur, and those of us who gamble certainly understand this. However, in this case, it depends on the management we implement.

The mindset of the bookie who is in business and the gambler who hopes for luck is clearly very different. Those who manage casinos clearly want to make a profit by allowing us gamblers to explore all forms of gambling that they offer, and we are just visitors who pay for the facilities we visit. Indeed, we don't always lose because at certain moments we will experience victory, but ultimately, those victories will be depleted if we keep playing, and it's only a matter of time.

This doesn't mean that casinos are cheating, but that's how they operate, and we must be aware of the situation so that we don't become too focused on gambling and winning alone, ignoring the risks just because of ambition and ego.
Well, put gambling always comes down to luck in the short term but the structure of the system makes losing inevitable in the long run casinos are built with profit in mind and every game is designed so the house always has the advantage gamblers might enjoy temporary wins but over time those wins are usually recycled back into losses the longer someone plays the higher the chance that everything is given back to the house. Management plays a huge role not only in how money is used but also in how mindset is shaped a person who sets clear boundaries and treats gambling as occasional entertainment will have a very different experience compared to someone chasing wins without limits knowing when to step away and when to protect your bankroll is what separates a controlled experience from a harmful one.

Many gamblers fail because they ignore the reality of the system they focus only on the excitement of winning and convince themselves that one more bet will change everything this cycle is exactly what casinos rely on ambition and ego often push people into losses that could have been avoided awareness is the strongest defense against that trap.It’s also worth remembering that casinos are not cheating they are simply running a business built on mathematical advantage once you understand this it becomes easier to see gambling as entertainment with a cost instead of a path to income treating it like a night out rather than an investment helps keep expectations realistic.
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Topic
Board Speculation
Re: Discretionary Income vs Emergency Funds: Why It Matters for Bitcoin Investing
by
Mahanton
on 03/09/2025, 17:57:12 UTC
Absolutely correct and I hope many investors would understand this and stop investing all they have on Bitcoin without left over that can be used to take care of emergency bills that might come unexpectedly. Being a crypto investor is not all about buying and holding Bitcoin for as long as possible but making sure that their are funds ability Incase we find ourselves in circumstances that needed fund to keep us safe and out of reproach that could make us a laughing stock.
There is what we call discretionary income, as an investor you should figure this out of your income, there is also emergency funds which I believe that all investors understands that emergency funds are primarily funds set aside to tackle emergency which are unexpected occurrence why you are going about your investment, this emergency funds should be on its separate place and as investor don't ever think if making use of this for investment purpose because this fund is what will help you not to rely on your investment for solving emergency needs.
This is the reason why every investor should make sure the weigh their income, share it evenly in different parts, the investment should be on it own and that should be when you might have making provisions for everything, they emergency funds well kept then you can invest with the remaining funds which is now the discretionary income, this discretionary might be huge amount because it depends on the investor's income daily, weekly monthly.
Separating emergency funds from investment money is one of the most important habits an investor can develop too many people dive into opportunities without first creating a cushion and when unexpected situations appear they are forced to pull money out of investments often at the worst possible moment an emergency fund provides stability and peace of mind it allows an investor to stay patient with the market even during periods of volatility. Discretionary income is where investment decisions should come from once basic needs are covered and an emergency fund is in place the remaining portion becomes available for building wealth using only discretionary funds keeps investments healthier because the money is not tied to day to day survival this creates freedom to hold long term positions without the stress of needing to liquidate quickly.

An emergency fund should sit completely separate from investment accounts not touched no matter how tempting it might feel during market opportunities its purpose is to protect against sudden medical bills job loss car repairs or other unexpected expenses the presence of this safety net prevents unnecessary financial pressure and helps maintain consistency with an investment strategy. Different people set aside different amounts some keep three months of expenses others prefer six months or more depending on responsibilities and lifestyle the larger the safety net the more confidence an investor will feel when committing discretionary income toward higher risk or long term ventures.
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Topic
Board Gambling discussion
Re: Dev Buddy Burned Out by Skin-Betting,Looking for Advice on Recovery & Boundaries
by
Mahanton
on 03/09/2025, 09:59:08 UTC
Hi everyone wanna share one of my friend's story.. he is jr dev and suddenly became heavily involved in skin betting, he is influenced by streamers, after witnessing streamers incredible wins, my friend just wanna try a shoot.. He began by throwing $300 worth of CS:GO skins for fun however things quickly got out of hand. He started selling gear, chasing wins & losing several thousand dollars in virtual loot. He has completely stopped using gambling websites however he is too ashamed of his habit to admit to anyone that he is losing.

Have any of you managed to escape the tidal wave of skin betting? After the virtual casino spiral, how did you regain your boundaries, trust & even your attitude?

Just like any other gambling addiction even this one can be overcomed. First is the acknowledge of the problem by the person, second he needs to desire the recovery with all his own determination and lastly finding a new hobby. Since he is a junior developer he has a lot to learn and pursuing bootcamps, certifications and personal development courses can be his new hobbies which will make him busy for a fairly heavy amount of time and he mostly with the involvement in such activities will probably forget about gambling and any addiction he maybe involved. If none of these works and he still continues then only rehab centers can bring him back to reality.
Solid perspective acknowledgment really is the foundation of recovery without the first step nothing else sticks connecting it to him being a junior developer makes sense since channeling energy into coding bootcamps or certifications can not only fill the time but also build confidence and open doors having a structured path to focus on can replace the urge to gamble with progress that actually pays off long term.Determination has to come from within otherwise slipping back becomes very easy self motivation mixed with new goals can act like an anchor during the recovery process pursuing personal development learning new skills or even working on passion projects could give him that sense of achievement gambling once tricked him into chasing small wins in coding or completing milestones can deliver real satisfaction and slowly rewire the mindset.

If it becomes too overwhelming or he cant manage it on his own professional help like rehab or therapy might be the safety net he needs some people also benefit from support groups or online spaces where they share progress setbacks and encouragement with others on the same journey connection can break the isolation that often fuels addiction. Accountability partners, friends, mentors, or colleagues can also make a big difference having someone to check in with regularly helps keep momentum alive and reinforces commitment even simple things like a friend asking about progress on a project can shift focus away from gambling and onto healthier pursuits.
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Topic
Board Economics
Re: Money or resourcefulness?
by
Mahanton
on 02/09/2025, 20:54:58 UTC
The two of them are very important when starting up a business without one you can't really succeed very well these two work hand in hand one cannot say one is more important than the other however one can still use money to buy resourcefulness but one cannot use resourcefulness to get money, before you even think about opening a business it means you have the available skills for that business and if you don't have the available skills you know where to get the available skills to help you develop the business resourcefulness can be bought with money but resourcefulness cannot get money in starting up a business, when you are starting up a business the most important thing you should have is money with this money you can use it to acquire any other thing that is necessary which is resourcefulness and other important skills needed, some set of people open companies and employ people that will work for them people with skill and that are resourceful.
When it comes to business one may naturally think that money is the most significant starting point, however, I believe that there are other essential needs that this should be understood or viewed in a different perspective. Most individuals with a lot of capital endure failure since they lack the knowhow of handling money and others begin with a small amount of capital but have strategies and techniques that ensure the businesses prosper.

Sure, with money we can employ experts, hire consultants or pay workers and in the process achieve results and yet again we have to be smart enough that the funds do not exhaust but must ensure that we have some results. When I look at the part that skills play, I really think that it is not only able to do it yourself, but also able to check the right people to work with. So i think, when we want to establish a business, money opens doors, but what keeps us are the knowledge and education that stays with us. Without them, the money will simply be just having it fetishizing.
Money is often seen as the starting point in business but it alone doesnt guarantee success plenty of people with huge capital fail because they lack the skills, knowledge, and strategy to use it wisely on the other hand, those who start small but have solid planning, techniques, and the ability to learn often grow businesses successfully. Having money helps to hire experts, pay workers, or bring in consultants but without direction, oversight, and smart management even large funds can vanish without meaningful results skills play a critical role not just in doing tasks yourself but in choosing the right people to work with, evaluating opportunities, and making informed decisions.

Knowledge, education, and strategy are what sustain a business in the long run money may open doors but the ability to navigate challenges, pivot when necessary, and apply lessons learned is what keeps the business running otherwise money becomes nothing more than a resource that can be spent without impact, a tool without purpose. Success comes from combining capital with skills, planning, and the right mindset being able to make informed decisions, understand markets, manage people, and adapt to changes ensures that the money invested creates real value and lasting results rather than just a short-lived display of wealth.
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Topic
Board Gambling discussion
Re: What’s your worst loss, and how did you cope afterward?
by
Mahanton
on 02/09/2025, 18:12:20 UTC
I agree, that's the key so that we'll know how much we're willing to lose. Because if we have gambled with an amount that's quite high and we lost it. That's the start of the mental breakdown and regrets that we should have not gambled with it. And for that reason, moving on is gonna be harder due to the fact that money is more important and should have been spent for other things that we're about to do and not for gambling. This is the usual situation of many gamblers that are breaking down and when they're dealing with their losses that they have not planned it well.
The key for me will always be that, to play only with the money that I am willing to lose, when that happens what you should keep in mind is that at the moment of losing you just have to accept the defeat and have the discipline to not continue playing more , because if you play more it means Spending more money and that is the rule that cannot be broken, if you break that rule we are doing nothing.


Setting a clear limit on what to risk is the best way to avoid the mental breakdown that comes after big losses when the money lost should have been for bills or important plans thats when regret and panic really hit.Using strict rules and sticking to them is essential put gambling money in a separate bankroll that wont touch essentials decide on a weekly or monthly limit with a session cap set deposit and loss limits on the platform and enforce a hard stop rule like walking away once losses exceed a set percentage or a certain number of consecutive losses chasing losses usually makes things worse.

Tracking bets and emotions also helps writing down the reason behind each wager and how it felt afterward can show patterns like tilt stress betting or chasing if gambling affects sleep work or relationships its wise to use self exclusion tools set longer breaks or seek support from trusted people or local groups.Treating gambling purely as entertainment instead of income keeps the mindset healthier discipline outweighs hope every time and if rules are broken its a signal to step back pause and rebuild slowly protecting both financial stability and mental well being.