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Showing 20 of 667 results by Rostadom
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Board Economics
Re: Should we teach children to have businessman mentality or be successful employee
by
Rostadom
on 04/10/2018, 09:55:39 UTC
The best thing that we can do to our children is actually to nurture their gifts. Because in the end, it is not about money but happiness while at the same time earning well. Surrounding our children with business related activities is good too. Generally, doing business is better rather than being an employee. It's like building your own business rather than building someone else.

Business related activities like what? You sure can't bring your kid in a business meeting and even if you managed to do so, the kid will not understand a thing during the meeting. You also can't let your kid be involved in money so much because he might get the general idea that money is the most important thing in the world. I honestly would just let the kid be. If he's going to be a businessman in the future, then let him be. Let things unfold on their own. Your kid can learn about business later on in life when his mind has matured and has developed well. You should be more focused on giving your kid the right food so they will get the right nutrients and not be deficient in some vitamins while having abundant of others.

It's good to have money by having your own business. On the other hand, kids don't really need that. You should be the one providing money for them. It's better for them to have a developed mind since that's what they are going to be needing in a business anyway.
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Topic
Board Economics
Re: People are not motivated by money.
by
Rostadom
on 04/10/2018, 09:26:20 UTC
Motivation in life is needed to be a better life. rich people and artists can be role models, see or research how they can make money easily and succeed in becoming a billionaire, because money today is everything there are many ways to earn money all racing contest

Being able to work with people in the art industry (music, dancing, illustration), I would say that it really is not easy to make money from art. Most of the newbie artists never make it. A lot of them are good but are never paid for the amount that they should. We always only remember the successful ones but the art industry is full of people having to work in the corporate industry just to survive life because selling their artworks aren't exactly profitable.

Art industry is business and you have to be a businessman while being an artist in order to get paid for it. You also have to be known. You need loyal buyers and you need a wide range of audience. Your art has to be liked by the mass before you can make money from it. We see artists out there, especially singers, becoming celebrities and making tons of money from their art. But behind all that is a team and a lot of people helping that artist make it. A lot of sacrifices were done and hardships had to be faced for an artist to even make minimum wage from doing art. They don't just do art and then get rich from it.

Money is important, it is an important determinant of what people do and don't do. That said, we always leave room for other motivating factors; religion, love for country, humanity, love for people, the desire to be recognized by peers and society... and the list goes all. Money is something, it just isn't everything.

Others have the luxury to do something without getting paid for it. People are helping other people to ultimately feel good about themselves, to feel like they are better persons than they were. The rest of the people are doing everything just for money because that's what they need the most. They don't have the time to be soft to people and show kindness because they, themselves, are in need of help.
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Topic
Board Economics
Re: Companies that are scary
by
Rostadom
on 03/10/2018, 11:30:59 UTC
I'd think facebook is scsry for me because i myself am a heavy user of it and almost all my apps are synced up to it so I don't need to enter my passwords all the time. That being said, there is alot of pertinent dta there about me. Although this data in itself is not important, but combined with others, it's dangerous.
You better watch out bro! You are being monitored and your data is being collected across board. Grin Just kidding though! However, it is still something you always have to take into consideration when it comes to data and with some of the news we have heard in the past about Facebook selling the user's data to highest bidders which to me is highly unethical.

Sure, we can say we share data everywhere and as long as we are on the internet, data are prone to be leaked sometimes, if it gets into the wrong hands, but whichever way, in this case, what can we really do about it?

We can simply do nothing about it. Those data aren't really concerning. The data social media are selling are things like how much teenagers are spending time online or what are the things do they like. Those are data that are collected by your activity by using social media. It's all for marketing so companies would know if what they are selling are going to hit the market or not. If your concerns are your whereabouts, you still have control over your fingers and what you post on social media so pretty much you can just NOT post where you are instead. People like using the hashtag #atm which is quite dangerous in most cases since you might have a stalker especially if you are a girl.

At the end of the day, we really can't do anything about it since social media has become a normal thing in our society. If you don't have a social media, people see you as a hermit or a weirdo. We will always use social media and the key is to not post everything. Be mindful of what you put out there because what you put out on the Internet is there forever.
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Topic
Board Economics
Re: Starting With Nothing in Bitcoin
by
Rostadom
on 03/10/2018, 10:52:30 UTC
in the beginning I got bitcoin starting from the existence of a faucet and several other paid events using bitcoin a few years ago, because it was also people who started from bitcoin without capital at all and I was able to get many benefits from bitcoin

Yes, faucets was used to be a good source of free bitcoin, specially in the early years up to early 2017. I have taken advantage of that situation as well and together with signature campaigns, its a good way to start your trading journey. Faucets->Sig Campaigns->Trading and you're all set to start making money.

Faucets were never a good source of income. There used to be good faucets back then which allows you to have earnings from referrals. What I used to do was spread that link all over Facebook bitcoin groups attached with a transaction proof. It's one of the easier ways but during the beginning, your hands will be shaking from solving thousands of captchas per day. Back then, we were so ungrateful of how little satoshis faucets are giving us. But today, we're going to be grateful to get that amount of satoshis by just solving one captcha.

There are other money making method that I tried like PTC, PTD, and Android apps that pays out money. A lot of them can easily be tricked by just spreading your links (again) and you can earn the most through referrals (again). It was way more enjoyable to do crypto before when almost everyone doesn't have a clue what they were doing. Everyone's helping each other. These days, everyone's bringing each other down trying to make more money than the other. It's sad but it's what's happening in the community.
Post
Topic
Board Economics
Re: We can totally eradicate poverty if we TRULY want to.
by
Rostadom
on 03/10/2018, 10:37:15 UTC
Poverty can be erradicated by us by the contributions of each individual. By being diligent and industrious to find a decent job, business or anything legit that can supply individual or family needs.
This seems like a good answer, redistributing the wealth of other people is not going to work long term, we have seen this happening many times already in the history of the world, the only thing that works long term is that each person stops making excuses and blaming the government or the rich for their problems, they need to understand that if they do not like the circumstances in which they live then they need to do something about it because no one else is going to do it for them.

It is not your fault if you are born poor because those are the circumstances in which you were born but if you die being poor then that is your fault, because there are a lot of things that you can do to improve the circumstances in your life.

In reality though, poor people are actually in debt even before their birth. The debts and the wrongdoings of their parents, they have to deal with it. With bad education in their area which they can't afford, they have to strive in order to get an actual job. A lot of these people have to work side jobs which people don't want to do. To even get to high school, they need someone to fund them even with the free education going on. It's free education but it's not free food, free shelter, free medical needs. People are still in need of those things and sadly poor teenagers have to get those for themselves because their parents are unable to do so.

It really isn't your fault that were born poor, it's you parents' fault. But that leaves you with so much things to deal with. On the bright side, if you are able to successfully deal with them, it makes you a person better than most. But sadly, a lot of poor people aren't able to turn around their lives and overcome poverty.
Post
Topic
Board Economics
Re: Beside Cryptocurrenices where would you invest?
by
Rostadom
on 03/10/2018, 09:53:34 UTC
More than investment in crypto and work or business, I’m investing in my family. I give time to be with them and enjoy them. I don’t want later on that they may have inheritance from me but haven’t have a good relationship with me as a husband to my wife and a father to my children. I want them to treasure the time i gave them. Were not getting any younger that’s why for me, they are my greatest investment they are my blessings in this life.


I was moved by this, thank you for valuing your family so much and treating them as your greatest investment. I must agree that your relationship with them is the most valuable thing to cherish, aside from providing for them. Giving them time is so precious indeed. What would you do with a lot of money if you are not okay with your family? Having enough is okay, as long as you have them. I was so encourage to invest more with my family.
I do not think that any other place is as profitable as  investing in cryptocurrencies.Cryptocurrencies are the easiest and the fastest way through which one can earn a lot of money.Cryptocurrencies are very trending nowadays because digitisation is going on and they also have several advantages over the normal Fiat currency.Cryptocurrencies are money making machine and that is why people are enrolling themselves in them in order to earn good profit margins.


You explained it exactly how would someone who entered the market without knowing anything. Crypto isn't the easiest or fastest way where you can earn a lot of money. Before, the go-to gig of new crypto users is signature campaign in this forum. It's not exactly profitable now that ICOs are mostly just scams and there's very few bitcoin signature campaigns. Another thing, with the merit feature implemented, it's quite hard to rank up unless you're really participating in helping this forum become a better place. Obviously, higher rank means higher pay rate. I see newbies in this forum these days with high post count and activity count. It's quite hard to accumulate merit points by simply posting. You have to do something to help people. There's even a post in meta about a statistics on how we send merit points lesser and lesser over time.

If crypto is a money making machine, then that would mean that everyone's winning, right? Unfortunately, this place is a zero sum game. Your gains are someone else's losses. You're not seeing it directly.
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Topic
Board Gambling discussion
Re: Why not play games online instead of gambling?
by
Rostadom
on 02/10/2018, 08:03:42 UTC
Some online games are as well good as Casinos such as faucet games, if we are talking about crypto games.
I wonder why people start gambling when they feel dissatisfaction and loneliness. They can engage themselves in some good hobbies, like gardening, reading books, helping needy people. If he interacts with people he will forget his loneliness and depression will come out of his mind. But if starts gambling he will increase his dissatisfaction and loneliness.

I think those who are gambling because of loneliness and depression are those that doesn't want to deal with people. Being around people will just remind them of their loneliness. They have to open up to people and not do activities with them. Perhaps they don't know anyone who they can confide in. Gambling and other similar activities allow you to escape reality momentarily. This is why a lot of people keep on doing the same bad habits that they have. It allows them to have a little bit of comfort in their world full of discomfort. So sometimes these addictions aren't really because they are hooked on the thing. It's more because they feel like they need it in order to feel normal.
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Topic
Board Gambling discussion
Merits 1 from 1 user
Re: Crime Effect of Gambling - Your thoughts!
by
Rostadom
on 02/10/2018, 07:05:32 UTC
⭐ Merited by Dread Pirate Roberts (1)
For me gambling does not increase crime but rather increase addiction to some people who does not know how to handle it properly. When it comes to crime, for me the number 1 aspect is drugs next is poverty. I don't consider gambling unless it was also associated with drugs.

So do you agree that it increases or not? Because on one side you say it doesn't then you say it does Huh
He said the crime rates were increase because of drugs and Poverty then it may fall under gambling too but literally less when compared to the above two.But as he said the poverty causing the people to do anything to make money that is why they become criminals in the eyes of governments but some of them maybe considered as criminals too when they are doing much right things.
No you are wrong. In my opinion gambling is the mother of all crimes. When a gambler loses money in gambling, definitely he will become angry and will anger to get back his money and when he has no more money he will do illegal activities to get some money for gambling. This is a fact and I have seen many people doing this. Gradually they become professional criminals.

Mother of all crimes? Then how would you explain the other crimes that were done by non-gamblers? I think you're exaggerating things. You can be a non-gambler but still have dark thoughts and commit crime ultimately. And you can be a gambler but still be a good person. Gambling has nothing to do with crime. It's the addiction that makes you act up. You're too addicted to gambling that you start committing crime just to feed your addiction.

I think it's only in extreme cases that this actually happens. There's still parts of a gambler that's remained sane and so he'll be able to save himself from bankruptcy. It's only in extreme cases when a gambler has to do illegal things. For the professional criminal, idk if such a thing exists (gambler turned professional criminal). Because professional criminal would mean something like a hit man that gets paid to do a crime. That's quite intense and would require knowledge on how to kill a man without getting caught. I don't think something like that can be learned in gambling.
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Topic
Board Gambling discussion
Re: Sometimes enough is enough
by
Rostadom
on 02/10/2018, 06:38:31 UTC


If a person has the self discipline in life then everything becomes easy as they can control their emotion and greed. Greed is the biggest factor that drives in gambling and this can actually make you poor if you keep on playing it.


Apparently, greed is too difficult to control, especially when we are at gambling places. With so many people getting bad results because of gambling, it is proof that greed is a frightening specter. Even though someone is able to control himself until now, but it is possible to get out of control at a later time.
Yeah in my opinion it is very important to fix a gambling limit for yourself and never cross that limit. Continuous gambling will ruin your life and even the lives of your family, because the end of gambling is always in loss. Gamblers never take money back to their homes. They always lose all their money and the reason is continuous gambling. Gambling time is also necessary.

I will call that thing to know that sometimes enough is enough and we don't chase the winning money as we know that is very difficult to get. We don't know when enough is enough and if we continue to play, then there will be a big chance to lose more money and in the end, gambling can ruin your life which we don't want to get this. By controlling ourselves, we don't have to save our money, but we also protect our lives, and we go back to our home without any feeling.
Yeah its all about greed and greedy person can do anything to make money, but at the end he always in loss. When you win some money in gambling, try to leave the place or if you play online gambling, shut down your computer and do not play the same day. You will be happy for the rest of the day. Regular and addicted gamblers lose everything because of the nonstop gambling.

Leaving the gambling places after we can win some money in gambling is always be a better solution but the problem it is not easy to leave the games because every gambler is tempting to win another round. They still want to chase the money by playing one round again and then IF they can win again, then they will leave the place. But they do not realize that it just attract them to make a big loss in one shot, and they don't know this, and finally, they are still playing the game until the last money they had.

They actually know that. If there's anyone who knows that the most, it's the gamblers since they are the one experiencing that regularly. Gamblers assume that whatever they have in hand when they enter the casino will be gone because that's what happened before and that's what they expect to happen. Even with the win, they still have previous losses that they have to recover so they can't really afford to call it a win. That's why gamblers keep on betting even after winning a bunch of rounds. They know that they have a long way to go so they go for the jackpot and keep on betting. Honestly the best thing that you can do is to stop gambling so you can prevent getting even more losses. Learn that you have made your mistakes in the past and that you shouldn't do the same mistake again. Stop gambling.
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Topic
Board Gambling discussion
Re: Gambling Addiction Stories!
by
Rostadom
on 02/10/2018, 06:05:45 UTC
I quit gambling long time ago when I was on the verge of becoming an addictive gambler. I used to gamble regularly with my friends and I found it entertaining until it started to affect my studies and social life. Then, I tried to reduced my gambling activities.

Then, I got rid of it completely as I got used to the new routine. It was hard from the beginning, but then you will get used to it because your time is filled up with other various activities

Same. I quit gambling a long time ago but ofcourse I experience to become addict in there. There was a time that I used to earn only by gambling. All of my funds are in a dice game. I don't know but I enjoy playing dice game because eventhough you lose a high amount of money you earn sometimes a lot too. It likes it doubles the profit there. So I end up loosing all of my funds there. Not a good idea.
Addiction is not good at all. It will destroy your life. You will not only lose your money but much more. Finally you will become mentally disturb. It is nice to hear that you quit gambling long time ago. Now you will fell normal. For me gambling addiction is just like drug addiction and is not easy to quit. You will have to struggle for it. Gambler has no respect in community.

Stop. Stereotyping. Gamblers. I know that there's a general stigma about people hating gamblers but on the other hand, there are communities that actually look up to gamblers. To them, gamblers who make a living from gambling are cool people. Even those who are just able to afford to gamble regularly are being looked up to. They think that the person must have a lot of person and the gambler is possibly gambling constantly because he already established that name and is respected for that. In other words, gamblers are respecting other gamblers.

Quitting an addiction can be hard to some people while it can be easy to others. Those who are only gambling because they feel like they have to do it in order to survive life or cope with their problems will easily stop being addicted to it once they found a way to cope with their problems in a different way. Those who are only gambling because of peer pressure can stop gambling easily when they stop interacting with his gambler friends. It's pretty much a lot about looking for the cause of your addiction instead of just thinking that you're an addict and you have to struggle in order to stop gambling. It's not like you're not in control of yourself.
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Board Gambling discussion
Re: Gambling addiction becomes more popular with young people over time
by
Rostadom
on 01/10/2018, 07:41:03 UTC
The shady businesses on the streets guarantee a profit. If one sells drugs on the street, he's guaranteed to make money. The case is not the same with gambling. You may or may not.

That is absolutely not true. People getting killed or injured by rival gangs while trying to sell drugs on the streets is a common thing. Your profit is not guaranteed at all. Where did you get that info?

We should be very careful in choosing words when speaking about such serious matters. Just imagine if young people were reading your lines, what conclusions they could draw from them?


He probably got it from TV series or just from the general idea that doing something illegal will give you money. I think it should be clarified that doing something like this will indeed give you money but only for a short time. The problem arises when you want to quit. Syndicates don't let you quit the game. Either you stay or they kill you so you won't expose them at some point. It's really risky to do. In addition, if you're in bad need of money for yourself or for your family, you're not going to risk going to jail because that will result to you not being able to do anything to help your family. There's still a lot of things that you can do since a lot of people don't want to do certain things.

In my country, the jail time for drug users, and sellers is a lifetime. Once you're caught, you're better off dead. You're never getting out.
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Topic
Board Gambling discussion
Re: Sometimes enough is enough
by
Rostadom
on 01/10/2018, 06:55:45 UTC
That's exactly the problem with most people when it comes to gambling, they don't know how to recognize when enough is enough and continue gambling themselves into a hole. There usually needs to be some outside influence to drag these people away from the game to save them from themselves, otherwise few people have the willpower to stop even if they do realize the problem they are facing.

I agree with you because it is hard to determine when enough is enough because we feel that we can win more money if we continue to play. Maybe there are only a few people that can get out from the gambling places, and they can feel satisfied for anything the result that they can get in that day. We need to learn about enough is enough in the gambling game so we can control the emotion that will always be related in the gambling game.
At least they can make their own targets such as how much time is provided for gambling or what profit targets must be obtained in one day, maybe so they can control their emotions better compared to playing gambling with greed. So if they have a target for gambling they will at least feel enough and have to stop after reaching the target. But this can also backfire if they don't reach the target easily.

I think the only target that you should have is to have a good time. Besides, we all know that you're going to lose in gambling plus we're all telling ourselves that we're not gambling for money but rather for enjoyment. The problem with having a target profit is that we keep on betting until it is reached. For most of us, it was never reached. In your first attempt of getting that profit target and losing instead, you're going to have more profit target the next time you go back. Then so on and so fourth. It's only when we realized that we've lost too much in hopes that we're getting that amount of money do we stop.

We can't blame those gamblers who sees gambling as their money making machine. Some gamblers sees gambling as a quick rich thing and not an activity for fun and entertainment.

If we want to gamble, we set an amount that we can afford to lose and if that money is lost then you can stop now. Don't get your money that you lost. Just walk away and bond with your family and friends.

Gambling is actually a quick rich thing and not an activity for fun and entertainment. The thing though, you can quickly get rich from it but you have to be the luckiest person on Earth. Just what are the chances that it's you. It's also not fun and definitely not entertaining to see your money gone in just seconds of betting.
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Topic
Board Gambling discussion
Re: Benefits of gambling? Yes - it exists!
by
Rostadom
on 01/10/2018, 06:21:49 UTC
Do you think that gambling has any benefits? Yes I agree that there is one benefit of gambling, when you win big money in gambling, quit immediately and never come back to gambling. Start some respectable job or business and spend your time happily with your family. I don’t think that there are any other benefits of gambling, which are good for life.

No, that is not a benefit of gambling at all. There's a possibility that that might happen to you but it's not part of the gambling itself. Besides, the amount of people losing is far greater than the amount of people actually winning. Another thing that I have to point out is that why would you need to hit the jackpot from gambling before you can apply for a job? Last time I checked, they don't require money in order to accept you. They require experience and a degree. You can be a rich person but still be not qualified to a certain job in the same sense that you can be a poor person but still be qualified for a job.

With that being removed from the list of gambling benefits, gambling is left with zero benefit.

Benefits of gambling you guys say?  Yes!  If you have a nagging wife that you hate, you can gamble online at home to avoid her.  And if she wants to divorce your ass cos you gamble too much...  Just sign the papers and you get what's half of hers.  Full benefits achieved.  Lololol.

That might be made as a joke but I have to say that it's an immature choice. You can simply man up and talk to your wife and say that you're unhappy about your marriage instead of losing money from gambling just to create something that will break your relationship apart. What will you do if she was able to tolerate your gambling? Is it really worth the money and the stress when you could have divorced in a better manner had you only manned up instead?
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Topic
Board Gambling discussion
Re: Do you think you are a gambling expert?
by
Rostadom
on 01/10/2018, 05:40:32 UTC
I just want to know how you feel when you get a big win from the gambling you play, I know that feel is definitely fun.
But, do you feel or ever assume you are a gambling expert after you get a big win?
Then what kind of gambling has made you think of yourself as a gambling expert?

Winning the gambling does not mean that you are an gambling expert. Also  gambling is only one thing which is by Luck and even if your winning percentage is far more than losing percentage, even then it is not wise to call ourself gambling expert. There is no one expert in this field.

I agree with you, winning doesnt mean that you are expert. We can consider it as lucky,  gambling is just depends on whos lucky on that round/play.

I really dont believe that in gambling there is an expert because if someone is expert on it meaning it can be a source of income and he/she will never lose any of his/her money. But then again,  its impossible right? So i think gambling expert dont exist.

Actually there are gambling experts but they are playing games that are based on knowledge and strategy and not just pure luck. Examples are poker, any card game, sports betting, etc. and the examples of pure luck gambling games are roulette, dice games, bust games. There really is no strategy to be done with a pure luck gambling game. There are mathematical strategy but it has been long proven that there's no method that works in the long run unless you have unlimited bankroll and unlimited bet amount. In other words, in theory it will work, but never in reality.

Gambling experts really do exist and they are the ones that studied each and every part of the game. In sports betting, they analyze the performance of each team and possibly pull strings to find out if it's a fixed match. They don't just bet, they study before betting. In poker, they studied how will you trick your opponent to fold, or to raise higher or to simply check the amount you raised, all to your advantage. They have learned how to analyze an opponent and their betting patterns or strategies. There's a lot going on in their minds unlike in a normal gambler mind. Normal gamblers just try to feel it and hope that they have guessed correctly when gambling. Professional gamblers treat it as a strategic game where you can beat someone not only by being lucky but being able to make the most of what they have.
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Topic
Board Economics
Re: Why is Bitcoin still a slave of Fiat?
by
Rostadom
on 28/09/2018, 07:46:37 UTC
The fact is that the time of bitcoin has not yet come and it is for this reason that Fiat remains more important, since it is distributed around the world and many people use Fiat.
My main question is what exactly does people want from Bitcoin? Bitcoin is already offering a lot of features and the purpose for was just to make transaction and for investment purposes. It’s so damn true that people can never be satisfied no matter how hard you try, they will always keep on complaining and seeking for more, and each time you give them an inch, they will like to take a mile. Too bad.

Sadly it appears that everyone wants the price of bitcoin to keep on getting higher everyday. They want the price to be always the new all-time-high. The majority of the people came into the market thinking that bitcoin is going to give them lots of money. Unfortunately, those who have bought during the pump has already lost 60% of their money by now and there's no sign at all that they are going to recover from that any time soon. People are putting unrealistic expectations from their bitcoin investments. They think that everything's going to go their way. Maybe it will. Maybe it will actually go their way and they will make profits from it. But at the meantime, they have to wakeup from their dream. Bitcoin is not a money-making machine and you have to be extremely lucky in order to ride a huge pump.
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Board Gambling discussion
Re: Gambling addiction becomes more popular with young people over time
by
Rostadom
on 28/09/2018, 06:35:59 UTC
It's definitely becoming more and more prevalent as time goes on, due to more and more methods available online to gamble with and more sites with little or no verification required to deposit and withdraw. There's two sides to crypto-based gambling, and this is the darker side.

As for CS:GO Skins and items associated with gambling there, I believe everything really started with the concept of cases to unlock skins, starting sometime in 2013, and gambling with virtual skins really began to grow around that. There's definitely some actions being taken by Valve to stop this, including cases being locked with no option to unlock in Belgium and the Netherlands, as well as the regular banning of gambling site bots to stop sites from operating, though.

It's not the darker side of crypto-based gambling, it's the only side of it. It just doesn't make sense for a gambling casino to require your identity and they sure are going to lose players when they do that or they might not even get players at all. Even if gambling is legal in your country and you're at a legal age, why bother registering in a gambling site that requires identification when you can simply register to one that doesn't?

The betting system in most games doesn't really feel like you're gambling since for one, you're not really betting real money. And I think this is where gambling habits start as a kid. Although we really can't put the blame on online games that have a betting system because ever since, gambling has been a common thing in our society. Even when it's frowned upon, everyone's either doing it or has done it.
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Board Gambling discussion
Re: When do you know its time to Stop?
by
Rostadom
on 28/09/2018, 06:01:15 UTC
Chasing your losses is never a bad idea. And it becomes a horrible idea, if you are doing it with money borrowed from someone. Before kicking off a round of gambling, the individual needs to understand his chances of winning and the consequences if he lose.

So what you are saying is that it's okay to be bankrupt as long as you're not borrowing somebody else's money? That's almost just as bad. Chasing your losses is the worst idea in gambling and sadly the reason why people keep on coming back to the casino. They feel like they have to get back what was once theirs. Sadly they end up getting more losses in the attempt of chasing the losses. One thing that you have to keep in mind in order to stop gambling, "You have lost enough."

I'm pretty sure that each and every gambler knows their chance of winning and how slim it is compared to their chance of losing. That's why every gambler assumes that they are going to lose every money that they bring with them in the casino.
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Board Bitcoin Discussion
Re: How do we change the public's view of Crypto world?
by
Rostadom
on 27/09/2018, 01:38:36 UTC
I think just tell them that cryptocurrency is a very easy and profitable side job, just sitting at home can make a profit. and maybe the drawback if the price drops must be patient until the price rises again.

That is actually exactly what we should be eradicating from people's minds. They think that you can simply sit at home doing nothing and make money from bitcoin. That might be the case if you have tons of bitcoins and you already have set sell orders and now you're just waiting for the price increase. Otherwise, you're not really going to make money by just sitting at home. People think bitcoin is a quick way to make you rich but it simply is not if you're not going to actively participate in the community and make money.

Because of that mindset, people backoff once they found out that it's actually not as easy as it looks like. It requires tons of research and no one in here is going to spoon feed you with all the information that you need. The research has to be done by you alone. You're lucky if you have an enthusiastic friend who doesn't mind sharing his knowledge of crypto but most of us doesn't have that type of friend.
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Topic
Board Bitcoin Discussion
Re: Do you think that the HODL approach is good bitcoin?
by
Rostadom
on 27/09/2018, 01:08:57 UTC
Honestly I wouldn't say that it is a good approach because you're better off doing other things with your money. The difference between the lazy people and the hardworking ones is that lazy people just wait for the profit. It's not like it's promised to us that bitcoin will indeed rise in price in the future. It's possible that it will, but it's also possible that it will not. Holding is just for people that have a lot of bitcoins but doesn't want to trade. Those that are only holding a small amount of bitcoin should do trading in order to make money. You have to actively try to make money if you want to make money with little capital.

Holding is good to those that are busy with other sources of income and doesn't really mind holding for a long time. Those who are waiting for the price of bitcoin to increase so they can finally put food on their table doesn't belong here. Plus, it's only the big players who truly make money from holding anyway.
Post
Topic
Board Bitcoin Discussion
Re: Is cryptocurrency so difficult to understand
by
Rostadom
on 27/09/2018, 00:40:20 UTC
cryptocurrency is not so difficult to understand. People are the source of their difficulty to understand cryptocurrency, they don't look for the right information about it. All you need to know is that cryptocurrency is a digital currency just like physical fiat. It is used for the transaction of goods and services. 

It's not that they don't look for the right information about it. Rather, they are expecting other people to teach them about the matter. I always stumble upon people who claim that they really want to learn about cryptocurrency so now that they have found out that I know crypto, they start bugging me. That's a really wrong attitude towards learning something. It's no one's responsibility to teach you in the first place except you're paying them. It's also inefficient to find an expert about the matter everytime a topic excites you. In other words, they are not doing their own research.

There are other things that they have to learn and understand such as decentralization, how blockchain works, and mining as well. Simply telling them that crypto is just like fiat but only digital will disappoint them. They wouldn't understand bitcoin's unique features and how it is different from digital fiat. With that being said, they are not going to understand how this whole technology is revolutionary and can free us from being slaves of the government.