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Showing 20 of 2,235 results by Theones
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Board Gambling discussion
Re: Never Expect Consistent Winnings From Gambling - A Lesson I Learnt.
by
Theones
on 12/06/2023, 18:42:47 UTC
Actually, it's not that very rare because we or I can still hear some news or some stories about a gambler who already buried himself from having a mountain of debts with almost no hopes to pay it all. Loans are counted as they also see that as an option to continue their desires and continue their activity with the hopes and goal of being lucky in a single night to get free from all the debts and problems. Honestly though, there's almost no difference at all between gambling addicts and drug addicts as they both are willing to have any means just to continue their desires including robbing someone worse it's their family.
You are right that it is not very rare to see gamblers taking loans only to gamble more with the hope that they might get a lot of money at once and they will pay all the debts and will even have more left, but what usually happens is the opposite of that, and they lose the currently borrowed money as well. It barely happens that one wins in gambling after taking a loan and then successfully repaying the loan with that money.

That is why it is important to understand that taking loans for gambling or any kind of stuff that involve luck is a very bad idea you will end up building up tension and nothing else, and in the end, you will start looking for evil ways in order to get money so that you can get out of the situation you've got yourself into.
if the borrower have a plan in the mind thinking everything will go according to the plan then that is surely the most foolish thing one could believe.
not always what is on you mind is exactuly what you would think
Post
Topic
Board Economics
Re: Try to save money while you still can, will you ?
by
Theones
on 12/06/2023, 18:40:07 UTC

Well, the inflation in my country now is not extremely high but has already damaged the economy. The cost of living is increasing and does not seem to stop. Last week one of my friends lost his job after working in the same company for a decade. His life abruptly changed, putting him in a place where he could not support his family. If you were him, how would you survive this tough time ? As a friend, I am trying to help him as much as I can and meanwhile, I am planning to save more money to prepare for the unexpected challenges in my life. What about you ?


If there is inflation in your region, it means that the value of the money has been lost. It is not enough to save your salary or earnings to maintain the value of money. For example, if the dollar is rising in your country, you should buy dollars as soon as you receive your salary so that the value of the money does not decrease. This was the simplest example. You can apply this example according to your region.

We should always have savings for bad situations. Something like this happened to someone from your close circle and you should learn from it. A small investment must be made. Small and regular investments can be the insurance of our lives.
It is a good idea to save as much money as you could. But most of the time people do that when they go through some trouble
Post
Topic
Board Economics
Re: how to overcome inflation for the community
by
Theones
on 12/06/2023, 18:39:12 UTC
The thing that we have to understand is that inflation will continue to occur and of course it makes us have to be vigilant, avoiding inflation is something that is impossible for us to do and the best way out to avoid inflation is to find or increase income, there are many ways to make money and if we start from scratch then you can learn from youtube.
never in my life I have seen prices coming down and we get the value of money to the exact number as it was a year ago
so if it is not possible then try not to waste time and earn as much money as you could.
Post
Topic
Board Economics
Re: Can I take a loan to invest in bitcoin?
by
Theones
on 12/06/2023, 18:37:03 UTC
Many people think that investing in bitcoin is very risky
Yes, and that's because investment in Bitcoin is truly very risky despite the potential and the benefit of the Bitcoin market.

and only uses the money in their pocket or wallet, but for those who have a small income, of course this will never be achieved, many people work 1 month and enough even less for one month's needs so the plan to take a loan to invest in bitcoin is a good idea.
Taking a loan to invest in Bitcoin may not be a good idea for small-income people if there's no guarantee of paying the loan without any issues but there's power to pay the loan I also don't see anything wrong in a taking loan and investing it in Bitcoin.

once you take loan and you lose your money in gambling then you are in. hot water.
there will be laibility that will put you in double trouble. So in my opinion try not to take loan for gambling and unsecure and hasty investment
Post
Topic
Board Economics
Re: Quit borrowing
by
Theones
on 12/06/2023, 18:34:07 UTC
We need to be aware of our spending. We need to control our spending because if our spending is more than what we earn it is not a good sign for our life and our future. We need to increase savings rather than spending.The government and banks have to step away from setting new rules and regulations on credit cards. This is because the most common type of personal loan so the government and banks can control this situation by themselves when one increases the rate of return on his credit repayments. I think we should refrain from borrowing. Borrowing someone's heart is upset, and if you want to ask for the money you owe, you will see that the heart becomes depressed.
that is so correct - we need to increase our saving and try to live within our means.
The best approach to the practical life is to live within your means and not to borrow money from other.
Post
Topic
Board Gambling
Re: Gambling is a choice.
by
Theones
on 11/06/2023, 18:36:04 UTC
When a gambler engages in excessive gambling it is no longer consider simple gambling. When an addicted gambler conduct gambling, he cannot control it even when he loses. He indulges in gambling whenever he needs a break. At one point he lost all his money. In the future, he again does not hesitate to do anything like murder to manage his gambling money. Gambling is definitely a means of enjoyment as long as it is under control.

A person who is excessively gambling can be sure that he is addicted, a loss will not have too much effect on him, even if it has an effect but it is only temporary and the next day he will do the same thing. If someone is addicted then they will be willing to do anything for their desire to gamble, sell some of the things they have or even commit crimes such as stealing it is very possible. In fact, it will be difficult to get out of that zone, only some people are able to get out of gambling addiction completely.

 -  What you mentioned is true, but most of the casino gamblers end up losing whether it is online or not. But for those gamblers who know they are not lucky, they should learn to stop and come back after a few days.

Because if they don't stop, the cost of their defeat will only increase, so it's really important to have self-control and self-discipline in this matter. I hope all gamblers can implement this for real. As for the latter they don't always blame themselves.

The self-control factor in gambling is great, but the problem is that not many of them can or are able to do this. Because everyone's personality is different, those who are psychologically and mentally weak are sure to run out at one time, there is no tomorrow because their minds are already disturbed and their emotions continue to increase because they cannot accept their defeat.
but controlling it when you are in the middle of nowhere is not an easy task. I am sure the gamblers who would deal things with great care would have been a successful gamblers.
I look fwd to see how is the life of a successful gambler? How they would treat people and needy around?
Post
Topic
Board Gambling discussion
Re: FIFA World Cup 2026 :Canada/Mexico/United States: Discussion Thread
by
Theones
on 11/06/2023, 18:33:10 UTC
With Messi moving to Miami , I do have confidence that he will be playing at the next WC , especially that he will know all the pitches by then and having extra info even if the age won't forgive Messi but I would like to see him playing one more WC. Now , can Argentina win it again ? I doubt it because believe it or not , England looks the strongest team on the planet right now , because they do have a lot of young talented players with massive experience in both WC , EC but also UCL and Premier League. Cool

Why do you think that because of playing in America, Messi will have less chance to perform at the next world championship? On the contrary, the American soccer league is less demanding than the European soccer league and this may help Messi play longer and extend his soccer career. After all, even though he plays in Saudi Arabia, Ronaldo still plays for Portugal.
Along with Brazil and France, Argentina is always among the favorites at every World Cup and that will not change.
England is a strong national team? Yes, their clubs are strong at the moment, but because of the large number of quality foreigners playing in England, while the national team still hasn't achieved any great result in a major competition.
That is correct. Saudis are crazy for football so are Portugal and Brazil
Messi has made all his fans upset by going to intermiami - but we are looking fwd to see how it unfolds. Ronaldo has been living like a king in Saudia he has been treated with great respect and love. Had Messi been part of SPL it would be a great surprize for all the fans.

Post
Topic
Board Gambling discussion
Re: The madness of gambling addicts.
by
Theones
on 10/06/2023, 23:55:13 UTC
They should change that mindset and quit right away before they lose control and end up placing another bet. They can expect to win big but also have to admit that it is not easy to get and they might lose all their money, especially if they intend to recover previous losses where it will be even more difficult. The pattern "high risk, high reward, but we need to be wise before deciding" is something that must be owned so that we realize that gambling is just entertainment and nothing more. Don't chase something from gambling but let it come alone while you just want to enjoy gambling.
In order to avoid more severe addiction, you really have to change your mindset in a more positive way, acknowledging that gambling is not a place to gain profit except for luck.
from a positive mindset a gambler will definitely gamble casually without any pressure even though losing never has the intention to chase that loss. so gamblers who already have a mindset like that certainly can't become crazy gambling addicts and are usually calmer and usually always get small luck.
i think you cannot change the mind and attitude of people around. Living and dealing with different people is not an easy task and deal with gamblers is not an easy task though.
because we cannot change the other people around us, we must change ourselves (what I mean is changing our environment by moving or something like that)

whatever happens in your life is something that can still be changed from the start, so improve your environment by seeking a healthy environment from various types of criminals and bad people from an early age
gambling is an addication and the adreline gush is very temtening
Post
Topic
Board Gambling discussion
Re: FIFA World Cup 2026 :Canada/Mexico/United States: Discussion Thread
by
Theones
on 10/06/2023, 23:53:36 UTC
It is 100% going to be easy to get visa if you have a ticket.

You have no idea about the US visa system. A few years back, my B1 visa was put on hold for 6 months, just because of some administrative formalities. And many of my friends have faced difficulties with different types of visa. If you are a citizen of some of the developed nations, then it is relatively easy for you to get your hands on a US visa. But if you are from countries such as India and Pakistan, then it takes a lot of background checks and additional verifications to get a visa approved. In short, having a valid ticket doesn't guarantee you a US visa. 
you are very right - I agree with you!
Post
Topic
Board Economics
Re: The Role of Education in Financial Literacy
by
Theones
on 10/06/2023, 23:51:46 UTC
How to Equip Yourself with Essential Knowledge to Succeed in the World of Cryptocurrency

Your opening post is on a very interesting and important topic which is also being debated worldwide. In my opinion role of education is vital for shaping up individual's Learning fundamental theoretical principles plays crucial role to understand underlying concepts and enable us to implement them effectively in real life.  However, practical on hand Experience is equally important to apply your learning to achieve tangible and realistic results.  
People say education is not important for your success but they forget this fact that its not all about success education is important for your self growth and grooming  it helps you to widen your mindset and thinking and teaches you about different techniques that can be used in different parts of life .
So for financial literacy education is extremely important to get the best of everything.
Education is very important and there is need for us to get educated because this will help us when we want to join politics so we wouldn't be see as someone that do not go to school. Becoming education do not guarantee our success but we need to know what we are doing so that we don't get wanted for crime.
the other thing apart from education is your broughtup and your family upbringing
Post
Topic
Board Economics
Re: how to overcome inflation for the community
by
Theones
on 10/06/2023, 23:50:28 UTC
Inflation is a global problem that affects economies of various sizes, including those in rural and urban areas. While the effects of inflation are widespread, communities can certainly take steps to address and mitigate their impact at the local level. Diversifying businesses and sources of income can provide resilience and stability during economic fluctuations. Additionally, investing in personal development and upskilling can increase individuals' employability, open up new opportunities, and potentially lead to higher income generation. But it must still be recognized that local actions can help us deal with inflation, but addressing inflation on a broader scale requires macroeconomic policies and coordination from other countries central banks and governments.
that is true and I second your opinion
Post
Topic
Board Economics
Re: When will we stop living for the weekend? Escaping the 9-5 life.
by
Theones
on 10/06/2023, 23:49:29 UTC
I understand the desire the OP said above for a different way of life, one filled with constant travel and exploration and I think it's only natural to crave experiences beyond the confines of our current routine. While saving Bitcoins alone may not be a guaranteed solution, there are avenues to explore.

True Change is possible, One approach is to seek financial independence through diversification and To break free from the cycle, it is important to reflect on personal values and goals, and that starts with imagining the life you want. Although the journey may require effort and patience it will bring you closer to the way of life you desire.

Yeah, reflection to what you wanted to see yourself in the future. It's your patience and dedication in finding the right patterns to change your life and break the chain that keeps you to continue with your day job. With good plans and a good understanding of each possibility, execution might be smooth and the change that you want to happen can be achieved if you plan things the right way.

It's your decision making that matters. With your find patterns, every correct execution adds up to your chances of making things possible for you to reach your goals.
First of all focus on what you want in life and what kind of job you are looking  for if you are comfortable in 9to 5 job and that routine and you can live with that than opt it . If not business is your option do something private and set your own routine and source of income.
If you succeed in that than you no longer have to wait for the weekend as you are your own boss and you can take off anyday you like .

easy to say, but this is hard to do. I mean, not all can have a business; either they don't have funds or they are not capable of it. That is why other experts are saying that if you can't have a business, then make sure you love your job and save from it because if you are in a stressful job place, then for sure your life would be short and not good for your mental health. Even for myself, I do want to start a business, but I really need a stable income and can't risk it because if I don't have money or income, we are all going to go hungry and have no food to eat.
Totally on point.! All of us does really have that kind of wish or plans on quitting or stopping our 9-5 or 8-5 job and would really be totally free out of those strict schedules and having some boss for you to follow
but not all does have that money/capital and knowledge for them to start up with a business or other venture on which they do believe that this could really make the wishes or plans come true.We do know that
not all business or investment would turn out to be successful on which this is why there would be people who would really be that skeptical on this kind of approach even if t hey do have the money but
they would really be having doubts when it comes to on pursuing this kind of plan because they would really be that hindering and minding whether they would succeed or not.
This is why we cant really be able to tell that this would really be that simple on which there are two scenario on which not all does have the capital and the other is that they do have the capital
but they dont have the confidence and knowledge on doing so.

This is really the problem, as most of us are scared to take risks. I do have a workmate who really has money to start a business or venture with others, but he really stays to work at 8–5 jobs because his reason is that it is very stressful to start a business from scratch, so it is better to be on that job as he can relax and chill while at work. That kind of mindset is really in his comfort zone, though another reason is that his salary is enough; that is why he isn't thinking of anyone else, but again, it will not work for everyone because other people tend to venture out to others because they don't like the job, and others also don't want that kind of work style where you won't learn anything.
some people are comforrable with their 9/5 routine and they dont want to change
Post
Topic
Board Economics
Re: how to overcome inflation for the community
by
Theones
on 09/06/2023, 22:43:21 UTC
Inflation is a global problem that affects economies of various sizes, including those in rural and urban areas. While the effects of inflation are widespread, communities can certainly take steps to address and mitigate their impact at the local level. Diversifying businesses and sources of income can provide resilience and stability during economic fluctuations. Additionally, investing in personal development and upskilling can increase individuals' employability, open up new opportunities, and potentially lead to higher income generation. But it must still be recognized that local actions can help us deal with inflation, but addressing inflation on a broader scale requires macroeconomic policies and coordination from other countries central banks and governments.
It surely is and if we will keep looking at the power to solve our problem of inflation then this is not going to happen.
To take care of yourself you have to work harder earn lots of money to keep yourself out of poverty cylce.
Post
Topic
Board Economics
Re: Try to save money while you still can, will you ?
by
Theones
on 09/06/2023, 22:00:16 UTC
Although I can't save money. I can't save money. It happens that my expenses are more than my income. But I think every person should save money. Because what do you do when you are old and can't do anything? Then you have to ask someone. It is very important to save money for treatment. Nowadays, people have the most difficult diseases, which require a lot of money. Therefore, it is very important to save money.
If it's important, then save from now even though your income is small. Because that's not the only reason for anyone not to save money in their life, especially if it is to maintain their health and to balance their life in old age if someone doesn't get a pension from the government. Apart from saving money from now on, everyone can also invest in real estate and also in currencies like Bitcoin because these two things can also help someone manage their old age better.
Saving is a good thing - but no at the cost of other people's expense
some people would save as much money but they would be ruining the finances of other people for their own pleasure.
Post
Topic
Board Economics
Re: The Role of Education in Financial Literacy
by
Theones
on 09/06/2023, 21:58:25 UTC
How to Equip Yourself with Essential Knowledge to Succeed in the World of Cryptocurrency

Your opening post is on a very interesting and important topic which is also being debated worldwide. In my opinion role of education is vital for shaping up individual's Learning fundamental theoretical principles plays crucial role to understand underlying concepts and enable us to implement them effectively in real life.  However, practical on hand Experience is equally important to apply your learning to achieve tangible and realistic results.  
People say education is not important for your success but they forget this fact that its not all about success education is important for your self growth and grooming  it helps you to widen your mindset and thinking and teaches you about different techniques that can be used in different parts of life .
So for financial literacy education is extremely important to get the best of everything.
Education is very important and there is need for us to get educated because this will help us when we want to join politics so we wouldn't be see as someone that do not go to school. Becoming education do not guarantee our success but we need to know what we are doing so that we don't get wanted for crime.
Education makes you are better person though but no doubt there are some educated people who would stab you in your back and would be the worse person you have ever witnessed in your life.
Post
Topic
Board Economics
Re: Social media, now looking more for business than for socializing.
by
Theones
on 09/06/2023, 21:56:24 UTC
Do you think social media is now becoming more a place for business than socializing, Could it be as a result of digitalization and things moving online or more people now starting business online because of need to somehow generate income or another source of income for self to survive the economic situations which is becoming tougher?



I do not think that business and socializing can be summed up in the same meaning, but they are intertwined and inseparable. If you look at the fact that socializing and trading are basically the same thing - selling (advertising) or buying (asking) something we need in our life. Usually socializing costs us only time. However, in some cases it can cost money. Businesses are extremely social, because they have to be. Otherwise they fall into disregard and eventually just dry out.

You cannot earn any money without socializing. That is why many people say the customer is king.
although there are many people who are establishing small businesses on social media but there are people who are taking break from social media and trying to detox it.
life is a continuous struggle and we are just running behind it
Post
Topic
Board Gambling discussion
Re: The madness of gambling addicts.
by
Theones
on 09/06/2023, 21:53:59 UTC
They should change that mindset and quit right away before they lose control and end up placing another bet. They can expect to win big but also have to admit that it is not easy to get and they might lose all their money, especially if they intend to recover previous losses where it will be even more difficult. The pattern "high risk, high reward, but we need to be wise before deciding" is something that must be owned so that we realize that gambling is just entertainment and nothing more. Don't chase something from gambling but let it come alone while you just want to enjoy gambling.
In order to avoid more severe addiction, you really have to change your mindset in a more positive way, acknowledging that gambling is not a place to gain profit except for luck.
from a positive mindset a gambler will definitely gamble casually without any pressure even though losing never has the intention to chase that loss. so gamblers who already have a mindset like that certainly can't become crazy gambling addicts and are usually calmer and usually always get small luck.
Most of the people quit gambling after facing major setback
not always you are lucky to have been receiving and winning money all the time.  Sometimes you can be looser and you wont belive how the moment has ruined your life all together.
Post
Topic
Board Economics
Re: Try to save money while you still can, will you ?
by
Theones
on 09/06/2023, 21:51:42 UTC
Supporting your friend during this difficult time is very important, both emotionally and by providing information and assistance. It's important to save money while you still can, especially given the rising cost of living and the potential for unexpected challenges in life. I understand that your friend recently lost his job, and it can be tough. In such situations, it is important to prioritize immediate financial needs, reduce unnecessary expenses, and seek other alternative sources of income if deemed necessary.
That is correct - if it is not easy to earn more money then the best approach of life is to reduce your expenses as much as you could and try to save as much as you could.
But in my opinion its not a good option to help others especially those who are habitual in borrowing money.
Post
Topic
Board Economics
Re: Quit borrowing
by
Theones
on 06/06/2023, 00:40:57 UTC
The amount matters as well. I won't blame someone who borrows money for investment if they borrow $1000 from the bank, but their monthly income is $10000 with no debts and they possess assets like a house, car, and gold. It truly depends on the circumstances when it comes to borrowing money for investment or business purposes. If successful, you'll reap the benefits, but if not, you'll only lose a small portion of your money.
It is illogical, someone will apply for a loan that is higher than their monthly income because if they apply for a loan of 10% of their monthly income then it is better to wait for the next month's income than to pay interest on a bank loan, usually they apply for a loan higher than 3-5x of their monthly income and they choose a time to pay off 1-2 years. Now is the right time to increase Bitcoin investment assets but it is better not to involve any borrowed funds unless you can handle loan repayments well.
begging all the time make a person repulsive - try to change your habit for better repersention of your personality and your own self.
Post
Topic
Board Economics
Re: Can I take a loan to invest in bitcoin?
by
Theones
on 06/06/2023, 00:37:58 UTC
Not only the emotional stability but also your mental state because it's connected it's like a chain that it could also affect the physical health of one person when in case they be in debt. Never ever put at stake the money the you cannot afford to lose in a risky situation since it's volatile. So when you lose some funds and too stressed to think about it, you might forget to eat due to stress, not having enough sleep and etc. With these effect already saying the possible effect when you use loan for investing in Bitcoin.
A loan to invest is a big risk and not only in bitcoin. I wouldn’t even risk buying bitcoin with other people’s money, if I could borrow money from my relatives or friends, I still wouldn’t be able to feel calm, because it’s not my money and if I lose it, I will have to give away. Investing credit money is a matter of luck, you may or may not be lucky, but I would never test my luck in this matter.