Hack for self-control

[davis196]

Here is a wise hack for self-control. Staking crypto using a 21-day lock, enables removal of immediate lure to gamble, just like self-exclusion tools. This enforeces a period of cooling-off and makes sure funds are safe, but the the absence of options for stablecoin can reduce its appeal.

Is this really a "hack of self-control"? Let me propose other "hacks of self-control".
1.Burry your money in your backyard and then forget about the place, where you have buried the money.
2.Send your crypto in a cold wallet and forget your password and private keys.
3.Lend your money or crypto to a stranger and wait for him to pay back the loan.
4.Give away your money or crypto to random people.
No money/crypto, no gambling. Problem solved!

I have a question. After the 21-day lock, won't you still feel the urge to gamble? How can this solve the problem with addiction and excessive gambling?

[stompix]

Here is a wise hack for self-control. Staking crypto using a 21-day lock, enables removal of immediate lure to gamble, just like self-exclusion tools. This enforeces a period of cooling-off and makes sure funds are safe, but the the absence of options for stablecoin can reduce its appeal.

Lol,
So what's stopping me from using my debit card, my credit card, my bitcoins, my litecoins, my dogecoin, my cash, which I can buy crypto or fund a gambling account from a kiosk to gamble?
You sound like the guy who is hiding his car keys so he won't drive to McDonald's to eat a Big Mac cause he's fasting!

Quite a pointless slop of words you have shared. If its really that hard to interpret, i dunno, learn better english.

Hes obviously talking about someone who wont stop until they hit 0.

You might want to read that again! 

[TopTort777]

Or enter numerous times wrong password to unlock device to get it locked for hours and days until next try will be available "Nice" lifehack to prevent gambling. I have already told, want to stop or pause gambling - give all your money to your wife. This advice has disadvantages, but its 100% working method. Or train self-control.

1.Burry your money in your backyard and then forget about the place, where you have buried the money.

There is no need to forget it. Just burry as deep as possible, make it a habit for each deposit/withdrawal and next time a person wants to gamble, he will think twice about it because it might take hours to burry out money Plus he will be tired as well.

[BitGoba]

Here is a wise hack for self-control. Staking crypto using a 21-day lock, enables removal of immediate lure to gamble, just like self-exclusion tools. This enforeces a period of cooling-off and makes sure funds are safe, but the the absence of options for stablecoin can reduce its appeal.

Most staking crypto tokens are scams or crap. The interest rates sound nice, but it’s all just hype and tricks. When you lock your funds, they’re not really safe. If something goes wrong like the token price drops or the project fails you can’t pull your money out quickly and might lose everything.The only time it would make sense is if there was an option to lock Bitcoin.

[Oshosondy]

Most staking crypto tokens are scams or crap. The interest rates sound nice, but it’s all just hype and tricks. When you lock your funds, they’re not really safe. If something goes wrong like the token price drops or the project fails you can’t pull your money out quickly and might lose everything.The only time it would make sense is if there was an option to lock Bitcoin.

It is not bad if the market is down already, someone can stake good coins like ethereum or solana at the time. Or if the ROI is up to 10%, USDT or USDC which are backed by fiat can be staked.  Although I also do not like staking but some people are making money from it if they get it right and not stake at the wrong time when the market is already up and preparing to fall.

[Fivestar4everMVP]

Here is a wise hack for self-control. Staking crypto using a 21-day lock, enables removal of immediate lure to gamble, just like self-exclusion tools. This enforeces a period of cooling-off and makes sure funds are safe, but the the absence of options for stablecoin can reduce its appeal.

Most staking crypto tokens are scams or crap. The interest rates sound nice, but it’s all just hype and tricks. When you lock your funds, they’re not really safe. If something goes wrong like the token price drops or the project fails you can’t pull your money out quickly and might lose everything.The only time it would make sense is if there was an option to lock Bitcoin.

This is how I lost over $440 dollar on bkex exchange when the exchange was still in operation before they shut down..
I staked a crypto token worth over $440 for 30 days at around 300% APR, 15 days into the staking, the exchange started having issues, other users were busy withdrawing their money out of the exchange, but I was unable to withdraw because my money was locked and can't be accessed until the expiration of the 30 days staking..

I had nothing else to do other than to pray that nothing happens to the exchange until I get my money out, after 4 to 5 days the issue began, most people have taken their money out of the exchange, the exchange stopped processing withdrawals and 2 days later, they went offline, that was how I lost my money till date, after this incident, I learnt a very bitter lesson and swore never to stake token again, especially non flexible staking.

[nakamura12]

This won't really solve the problem in my opinion because if a gambler doesn't have full control of his urges to gamble then that person can just use his other funds like from his work wage because not all gambler who owns crypto have all their money used to buy crypto and after the days the funds will be unlocked is that the person can gamble more since the funds is now accessible.

[Fivestar4everMVP]

This won't really solve the problem in my opinion because if a gambler doesn't have full control of his urges to gamble then that person can just use his other funds like from his work wage because not all gambler who owns crypto have all their money used to buy crypto and after the days the funds will be unlocked is that the person can gamble more since the funds is now accessible.

Well, what you said is absolutely correct, it is very impossible for a person to even lock up all the money in their possession for even a day not to talk of 21 days, since a normal level, doing this is nothing but being foolish, what if an issue requiring urgent financial attention arises before the 21 days is over? Like for example, someone falling sick and requiring urgent medical attention, how will it be that you are running around looking for someone or somewhere to borrow money from where as you have money but locked it all up simply because you don't want to be tempted to gamble with it, it's a useless excuse in the situation like this especially when you can't find any one to easily borrow from..

This is why the idea isn't even a good one in the first place, it's absolutely foolish for a normal person with good sense of reasoning to lock up all the money he has when he or she has no hope of getting another money from somewhere else in an hour or so..

[rachael9385]

Here is a wise hack for self-control. Staking crypto using a 21-day lock, enables removal of immediate lure to gamble, just like self-exclusion tools. This enforeces a period of cooling-off and makes sure funds are safe, but the the absence of options for stablecoin can reduce its appeal.

Locking up your assets for 21 days is a lot of stress and of you can be disciplined there's no need to put yourself through that. So if you have something important to do would you abandon it because you are trying to avoid gambling. What happens after the 21 days? There's a chance that you can continue after getting access to it. This is just a temporary solution it doesn't deal with gambling addiction permanently

[Alphakilo]

Here is a wise hack for self-control. Staking crypto using a 21-day lock, enables removal of immediate lure to gamble, just like self-exclusion tools. This enforeces a period of cooling-off and makes sure funds are safe, but the the absence of options for stablecoin can reduce its appeal.

Locking up your assets for 21 days is a lot of stress and of you can be disciplined there's no need to put yourself through that. So if you have something important to do would you abandon it because you are trying to avoid gambling. What happens after the 21 days? There's a chance that you can continue after getting access to it. This is just a temporary solution it doesn't deal with gambling addiction permanently

Gambling addiction problems require permanent solutions or permanent decisions to be stopped. The gambler has to know that they don't want to continue gambling and should find other good habits or hobbies to do to distract them from the urge to gamble.

Otherwise, I think after trying out this 21days staking of crypto to avoid addiction, one would be left to go back and try just one more time to see if they still got that gambling prowess or luck and that's how an addiction that looks controlled actually controls the person trying to control it.

[Dunamisx]

Here is a wise hack for self-control. Staking crypto using a 21-day lock, enables removal of immediate lure to gamble, just like self-exclusion tools. This enforeces a period of cooling-off and makes sure funds are safe, but the the absence of options for stablecoin can reduce its appeal.

Staking the cryptocurrency on a gambling platform or at another platform that provides for the service of crypto lock, if that latter is what you meant, then it means that we are still preventing ourselves from gambling by self exclusion, since we are not going to gamble during this period as the money we could have used for gambling has been locked, the question now is that, what happens next after the kick period, going back to the same approach? Because I don't know how effective this approach could help the required change needed to take effect.

[Su-asa]

This won't really solve the problem in my opinion because if a gambler doesn't have full control of his urges to gamble then that person can just use his other funds like from his work wage because not all gambler who owns crypto have all their money used to buy crypto and after the days the funds will be unlocked is that the person can gamble more since the funds is now accessible.

That's correct mate. Like a gambler really need to be disciplined and also know how to control his emotions and urge towards gambling if not locking up his funds for a limited time will not resolve it. Although it is good to take a break from gamble but what is there when a gambler is being addicted to gambling and locked his funds? It shows that such person will resume gambling when the money unlocks and he might gamble aggressively because he hadn't gamble for a long time.

[Odusko]

Here is a wise hack for self-control. Staking crypto using a 21-day lock, enables removal of immediate lure to gamble, just like self-exclusion tools. This enforeces a period of cooling-off and makes sure funds are safe, but the the absence of options for stablecoin can reduce its appeal.

Most staking crypto tokens are scams or crap. The interest rates sound nice, but it’s all just hype and tricks. When you lock your funds, they’re not really safe. If something goes wrong like the token price drops or the project fails you can’t pull your money out quickly and might lose everything.The only time it would make sense is if there was an option to lock Bitcoin.

This is how I lost over $440 dollar on bkex exchange when the exchange was still in operation before they shut down..
I staked a crypto token worth over $440 for 30 days at around 300% APR, 15 days into the staking, the exchange started having issues, other users were busy withdrawing their money out of the exchange, but I was unable to withdraw because my money was locked and can't be accessed until the expiration of the 30 days staking..

I had nothing else to do other than to pray that nothing happens to the exchange until I get my money out, after 4 to 5 days the issue began, most people have taken their money out of the exchange, the exchange stopped processing withdrawals and 2 days later, they went offline, that was how I lost my money till date, after this incident, I learnt a very bitter lesson and swore never to stake token again, especially non flexible staking.

See that is a sad experience you had there and this could make you to make up your mind never to stake any coin again or even trust any exchange with holding your coins, self custodial may not make youbmuch profits, but there is freedom and security when you hold your assets in your possession, with full control; that way you are not bordered with whatever crisis that may be facing whatever exchange line in you case that you lost such a big amount of money all because your assets was locked on staking account.

[leonair]

Here is a wise hack for self-control. Staking crypto using a 21-day lock, enables removal of immediate lure to gamble, just like self-exclusion tools. This enforeces a period of cooling-off and makes sure funds are safe, but the the absence of options for stablecoin can reduce its appeal.

I don't know how effective your strategy is because I have never used such a strategy before. But it seems to work. I recently lost a big amount of money gambling. I had my money staked on a CEX but it was Fixable I could unlock it at any time. I took dollars from there to deposit to gamble and I lost all my money there which was $700 which is a big amount for me. If my money was locked then at least I wouldn't have been able to use it to gamble. And I wouldn't have lost my money.

[TheUltraElite]

Staking?
I would not suggest putting your coins on a wallet that you dont control to keep it safe from your gambling habits. Rather try to control your own impulse and keep your money in your own wallet - that is self control and if you can achieve that, you have gained something.

Locking up coins, blocking the gambling sites these are all temporary things one can try but true self control is difficult but possible.

Besides you mind need that money for different purposes in between.

[Hispo]

Staking?
...

Besides you mind need that money for different purposes in between.

It is rather about reducing liquidity as a way to control compulsive gambling, make money more difficult to be gambled away on an online casino. There are methods which do not actually have anything to do with cryptocurrency, by the way.
What about someone who is addicted to gambling online and decide to turn their USDT into cash or use their remaining cash to buy precious metals. They would need to go through some hassle in order to deposit that value again into an online casino, you know.

Though, I recognize this is something which is only useful if the person is starting to lose control over his money and gambling habits, it would be ideal if they would need to resort to these kind of techniques, but only to use their will power to control themselves.

[tread93]

Here is a wise hack for self-control. Staking crypto using a 21-day lock, enables removal of immediate lure to gamble, just like self-exclusion tools. This enforeces a period of cooling-off and makes sure funds are safe, but the the absence of options for stablecoin can reduce its appeal.

You cant rely on a 21 day lock because the funds will surely be all lost on the 22nd day if you have a gambling problem.  Hopefully you hit a luck streak and change your life though. It doesn't happen that often.

[bettercrypto]

Here is a wise hack for self-control. Staking crypto using a 21-day lock, enables removal of immediate lure to gamble, just like self-exclusion tools. This enforeces a period of cooling-off and makes sure funds are safe, but the the absence of options for stablecoin can reduce its appeal.

Is this really a "hack of self-control"? Let me propose other "hacks of self-control".
1.Burry your money in your backyard and then forget about the place, where you have buried the money.
2.Send your crypto in a cold wallet and forget your password and private keys.
3.Lend your money or crypto to a stranger and wait for him to pay back the loan.
4.Give away your money or crypto to random people.
No money/crypto, no gambling. Problem solved!

I have a question. After the 21-day lock, won't you still feel the urge to gamble? How can this solve the problem with addiction and excessive gambling?

Nice point, there’s really no problem if someone did that hahaha… ; But the question is, has anyone ever actually done it? For sure, not yet — especially when we’re talking about the reality of the crypto gambling industry. I mean, what kind of gambler in their right mind would even do that? No one would.

Because we all know players have different reasons for joining gambling platforms. Some are careful, some aren’t. There are what we call responsible gamblers,
and then there are irresponsible ones — that’s just how it is.

[Ronsbit]

Well, this can only be an effective way of a gambler controlling him or herself if there is no other way the gambler will get income or money within that 21 days that their crypto in be in lock and chains, else, this is completely useless, as the gambler can easily use some funds from the newly earned money to carry out his or her gambling activities.

When it comes to controlling oneself in gambling, gamblers ought to look far beyond ideas like this because it's ineffective, gamblers must build themselves to naturally be able to control themselves without any aid or strategy, like for example, a gambler can simply decide within himself not to gamble in the next 2 months, and in this coming two months, he or she won't gamble, this is self control, when a gambler have gotten to the stage where he or she need to apply one strategy or the other before they can actually be able to practise self control, then something have gone wrong.

Applying a strategy to minimize the rate at which one gambles seems to be a point of addiction, which means that one can not control oneself without just conditioning oneself to subdue their urge for gambling. At this point, it is a case of rehab and intervention because ordinarily, one can be able to decide without any hesitation to take a break without forcing themselves to do it. Such a scenario would need an extra effort to curb than when one can easily control themselves from gambling for a short period of time, as they desire. As for this strategy, it would not work for a gambler who is already addicted, but rather for a gambler who is a responsible person and has self-control over gambling.

[cozytrade]

Here is a wise hack for self-control. Staking crypto using a 21-day lock, enables removal of immediate lure to gamble, just like self-exclusion tools. This enforeces a period of cooling-off and makes sure funds are safe, but the the absence of options for stablecoin can reduce its appeal.

Not only that, this method can bring patience to the mind of hasty gamblers, it sounds like a good plan but it doesn't affect lose and gains, you can wait till the next unlock and still lose your money, it's better to accept what gambling really is all about. It's risky and shouldn't be treated as a source of income. Work hard and use small percent of your total income to gamble.

Gambling requires extra patience. If you don't have patience while gambling, you will never be able to win in gambling and keep your money. I think the first thing to win in gambling is patience and luck. So I am surprised to see the activities of some people. They spend extra time on gambling, leaving aside their business and jobs. They gamble with the thought of earning money from gambling. I think their activities are still stupid.