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Showing 3 of 3 results by nickdoycrypto12
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Board Gambling discussion
Re: Giving up gambling is not easy
by
nickdoycrypto12
on 05/10/2017, 10:08:02 UTC
It's easy tho. If you're a religious person and believe gambling is a sin you must stay away and never come back to gamble world again as you might get addicted again if you touch gambling. However, it's really hard for those who have missed much money from gamble to quit probably they will play again to recover the losses which is a wrong idea to do.
THis is harder than we thought, of course advices and religious beliefs is a big help but how about the person who got succumb to gambling? We've seen a lot of them and they're life is broke. Discipline to our inner self and measurement of balance of what is too much is important. Psychiatric approach and rehabilitation can help too. Inspiration and belief, friends and family can help you.
Gambling is fun when you are enjoying it and casually playing. But making it as a way of living is another story.
I agree its not as easy as it seems, there is a process to totally quit in gambling. the support of family is a must to overcome addiction and if possible seek professional help to enlighten you in your situation. it would be better to take a vacation away from any gadgets and computer just give yourself time to unwind and relax.

That's a very hard decisions to do for an addicted gambler, but in order for the person that who wanted to change his/her life; there must be a proper counselling and advises to which how they can quit gambling. Hard decisions maybe over and needs to be successfully be happening that a gambler should be giving up and quit the activity in a smooth ways.
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Will Kill The Income Tax
by
nickdoycrypto12
on 05/10/2017, 09:47:54 UTC
Unfortunately, in my country you still have to pay taxes when you are cashing out your coins and also you cannot cash them all out you can only do in in a limit this way you have to pay a lot of taxes if you want to cash everything out.

That is, if you are going through the legal route. There are thousands of options out there to avoid taxes and it is up to you whether to use these methods or not. For example, you can order pre-paid Bitcoin debit cards from various service providers and withdraw fiat cash from the ATMs.

I agree that there's a lot of options to do that, but the idea about that it will kill the income tax is not certain at all. That's why it should be categorize that fiat must be taxable and digital type of currency is not.
Post
Topic
Board Bitcoin Discussion
Re: What are your plans with your Bitcoin?
by
nickdoycrypto12
on 04/10/2017, 20:49:20 UTC
Hi guys Smiley May I know what are your plans on your Bitcoin in the future? Do you plan to keep on investing on Bitcoin related businesses or do plan to convert it into fiat and ventures on new business?

I'm planning to invest more on Bitcoin related companies and convert some of my Bitcoin into fiat and invest it on our local stock market. How about you?
Ill do both. Half of my bitcoin will go on investing so that if the price increases there is a possibility that I will get What I spent. I would going to convert half of it into fiat and I will start to make my dream come true. The first thing that I will do was to build my dream house. Next is I will buy a car so that I can travel the world easily with my friends. And lastly was I will start a small computer shop business.

I have simple and basic plans. I will try to collect 10 bitcoin until the end of 2021. This way, I can take the advantage of price inflation. If we can hit up to $50,000 in 2021, this will be amazing for me.

That's nice and if that price will hit like that huge value I think those long term holders will dump their holdings. Although I am not really into this crypto tradings but I experience trading assets in fiat currency. It's more interesting here in bitcoin as well and as newbie in the forum I am open for suggestions from higher members.