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Messages - emmybd

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1
A few years back, I used to have around 70 percent of my assets in crypto. I made some investment in various crypto related things and lost about 30 percent. Right now I have around 30 percent of my assets in crypto.

2
Economics , Sociology & Politics / Re: Cost of living
« on: Today at 04:02:35 AM »
Over the past few years inflation has been increasing all over world and with the start of Ukraine war it has even deteriorated. The food prices have been shooting up and it has increased the cost of living and made life especially of the middle class and poor people miserable. In many countries corrupt politicians and elite business community have been using this situation for their own benefits.

3
Gambling discussion / Re: Is it right for a lady to gamble ?
« on: May 05, 2024, 08:13:44 PM »
Anybody can gamble, if someone is man or woman is not an issue. If a man can gamble then a woman can also gamble. There is no rule that woman can not gamble. These days women are participating in all spheres of life. So if they wish they can participate in gambling sector too.

4
Actually, to make a decision between two choices, your present condition is very important. If your parents are financially well off then I believe going for a four years degree would be a better choice. Because having a Bachelor degree is a must, if you want to apply for a good job. If you are financially in a weak position then taking a job will be better.

5
Gambling discussion / Re: Gambling: for fun or to earn money?
« on: May 05, 2024, 10:52:15 AM »
Gambling is a fun. It would be better if people take it accordingly. If anybody thinks that he can earn money through gambling and manage his family then he is completely wrong. Because gambling is just a luck. You can not rely on it. You can win jackpot once or twice but most of the time you will end up losing.

6
Economics , Sociology & Politics / Re: Why do we pay taxes?
« on: May 05, 2024, 04:41:39 AM »
Everybody wants to pay taxes. Government meet its expenses and do all types of infrastructure, other development activities by collecting taxes on various sources. But in many developing and poor countries corrupt politicians use these funds for there own personal benefits. That is why people in these countries don't want to pay taxes

7
Gambling discussion / Re: No risk no gain
« on: May 04, 2024, 03:08:59 PM »
No risk no gain is not only applicable in gambling but also in other investment decisions too. Whether it is trading or other business decisions you have to take risk to be successful. If you desist yourself from taking any investment decisions for fear of losing then you can never be successful.

8
Gambling discussion / Re: Do you tell your husband you gamble?
« on: May 04, 2024, 11:13:49 AM »
If you are gambling with you husband's money and have won  a big jackpot then it is most likely that your husband would be happy if you tell him about it. If your family is not financially very well off and you are gambling with your husband's hard earned money and making a big loss then it may ruin your marital life.

9
Since the introduction of computer human involvement in the workplace have gradually been declining and it has further aggravated with the introduction of robot and now AI. As the technology is improving day by day people are getting more and more dependent on technology and this trend will continue in the future. In future robots will be a lot more powerful than human beings.

10
Well, Bitcoin has dropped under 60k and other cryptos have also started to dip a bit. So nobody can predict what would happen in future, it may dip even further. The market has been a bit unstable for some time. So investors should not rush in investing in this unstable situation.

11
It is true that if we compare crypto with other assets such as S&P and gold, then Bitcoin has done quite well over the past few years. But it is very risky to make a big investment in crypto compared to other assets, as crypto is not properly regulated. So it is necessary to proceed with caution when you are considering your investment options.

12
Gambling discussion / Re: can gambling be a career?
« on: May 03, 2024, 11:16:06 AM »
Well, gambling can never be a career. It is simply a lucky thing. If your luck favor you then you can win a big jackpot. Most people tend to carry on gambling after winning jackpot, as it is an addiction. They lose all their money in this way. On the other hand, gambling companies are doing very well, their business have been flourishing day by day.

13
Cryptocurrency discussions / Re: Keeping your seed phrase safe
« on: May 03, 2024, 05:02:00 AM »
I have lost my seed phrases for a couple of times. Consequently, I have also lost my assets. People use different ways to keep seed phrases safe. If you keep it in your computer then if your computer breaks down, you are in trouble. There is also possibility that your computer may get hacked. Other ways such as keeping it in hardware wallet or writing it down on a page do have some advantages and disàdvantages.

14
Only beginners get panicked and start selling their Bitcoin. A lot of other people sell their Bitcoin because they want to buy dip and sell when it peaks again. It is just a strategy most professional traders apply to make a good profit in the long run.

15
Even though a lot of people will say that they would stop gambling after winning big. But it is not that easy because gambling is an addiction. They will feel an strong urge to keep on playing and get an even greater win.

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