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1  Economy / Gambling discussion / Re: Ever Hated someone because he/she win too much, when you are constantly losing? on: July 01, 2024, 08:57:09 PM
Hating, or not liking someone for always winning when you are always losing; we can say is a result of jealousy, envy, and fact is, some people really don't know how to control themselves with issues like this.

Take a look, read the story in the shot I share below, and tell what you will do if you find yourself in a similar situation.

- will you (for the sake of peace, maybe to hide your envy, jealousy) continue to go gambling with that friend? And continue to lose your money?
- or will you tell him point clear that you are no longer interested in going to gamble with him? How are you gonna do it so he doesnt suspect that you are not happy with his constant winnings, when you are constantly losing?


This doesn't sound like a bad person, just someone with an extremely distorted view on casinos and most likely the actual money their friend is managing to haul in. There is a slight hint of jealous and envy in there, but ultimately it comes back to greed - nothing is forcing them to play with money that they insist they keep losing. They could just accompany their friend and leave their wallet at home, yet they always seem to think they can beat the house. The reality is that this winning streak they claim their friend is on is unlikely to last forever, they may win 3 times, 5 times or 10 times in gambling sessions but the pendulum eventually swings the other way into losses unless they are playing genuine skill driven games where they can get an advantage, usually over other players and not the house.
If you are someone whose really that been that playing in together with your friend on the same time and moment but sees up that he's that winning more than you on which you would be having those questions on mind
on how the hell it did happen that he's that been winning or raking up profits while you are really that losing tons of money on which it would really be raising up those kind of questions on which it would really be just that a normal reaction to have since we are just humans and we would be making out those kind questions into our mind on whats the difference between you an him? If you are someone which a type of person who do easily
get moved on and do accepts on whatever the results that gambling could give then you wont really be having those kind of approach in the first place.

Losing could really be that something that will put you into such frustration on which it would really be leading up with those questioning on which its normal but having that excessive
approach on which it do ends up that you do avoid him already because of extreme jealous then this is where issues do begin.
2  Economy / Economics / Re: Will AI taking people jobs and make the world worse? on: July 01, 2024, 07:54:17 PM
I don see any reason why human race will be afraid of AI taken over the jobs meant for human. At some point I was thinking likewise but I had a rethink after I watched a video that changed my mentality. This video talks about AI being an assistant to human by reducing stress and not taken job away from humanity. According to that video it talked about how people where frightened about the previous invention that people love ans cherished most today, which are plan, cars, factory machines, heavy duty robot machine and many other robotics control devices, which has become a friend to man now. people depends on those rejected invention for survival because without them most people would have been long dead. Although there is always a disadvantage attached to anything that is good, but we can't forget the fact that they are helpful. Most of those AI will creatore employment because there will be alot of AI engineers to fix those AI incase of any damages or can be working in a robot manufacturing factory. Or better still the robot will be an assistant to what we do because no matter how smart a Robotbis it can't do everything on its own without command. So the command becomes your job.
You don't need to be surprised that what you think could be an assistant to you can likewise take your job from you from the thing is able to do the same thing you can do for the company. Many companies are looking for a cheaper ways to put things into action and we are not going to be surprised that artificial intelligence will do many of the jobs that humans normally do to earn small money for themselves. Maybe in the future, there wouldn't be some jobs that people are doing these days because artificial intelligence will fit in and even do more than we can actually do. We should just wait for more years to come because many jobs wouldn't be available again.
They would really be doing their best on finding ways on how they would really be able to save up on which it would really be that understandable that if ever they would be seeing something like this on which they could be able to make use or integrate on then there's no doubt that they would really be having such switch. This is why there would really be those workers or individuals whom would really be that getting affected on the moment that there would really be such change on which this is something which is really that understandable. Changes is inevitable because we do know that technology does becomes even more advanced and more that giving out that kind of convenience into human being on which lets just not really that making out that focusing too much into its cons but rather we do really tend to see or look when it comes to its usage and benefits or simply into its positive benefits.

It might have that having those effects but doesnt mean that it would really be that making the world worse. Somehow if you are someone whom you do look
that your job would be replaced by a robot soon then it would be better that you should really be starting on looking for some back up now.
3  Economy / Gambling discussion / Re: Which is easier, to quit when winning or to quit when losing? on: July 01, 2024, 06:54:56 PM
Stop when winning: If a person is able to stop or interrupt his gambling session when he wins a bet, then that is an awareness that should be part of his gambling plan. Self-control and anticipation of the possibility of defeat in the next attempt can be minimized when they stop, of course this is the smartest choice rather than continuing their gambling activities greedily.

Stopping when losing: This is just the end of a session and they stop because their balance runs out. Like it or not, gamblers have to stop after they have no balance in their account due to losses, meaning they close their gambling session because they are forced to, not because they want to stop. Some gamblers actually make re-deposits to continue their gambling activities in different sessions, and often they lose everything because they are chasing winnings.

Stopping when winning or stopping when losing is sometimes difficult for some gamblers, but gamblers should be able to stop at any time regardless of whether they are winning or losing. The smart choice is to stop when winning, it allows the gambler to enjoy his winnings and have fun.
When you are winning then the primary thing that comes up into your mind:
1. What if i would win even more on the moment i would continue?
2. Its my lucky day kind of line
3. Greed kicks in hardly

When you are losing then this is what you do have in mind;
1. What if your next bet will be a win and recover all the loses?
2. Emotion impulsiveness
3. Trying to bust it all on your next bet

The key on here is that you should really be that making yourself that responsible on the actions that you are taking because on every bad decisions or choices
you would be making. If you would really be that mindful about those possible conditions or situation you might be facing on then you wont really be that
trying out to neglect those possibilities and would act accordingly on which one is right.
4  Economy / Trading Discussion / Re: Why do traders lose money in trading? on: July 01, 2024, 05:53:38 PM
Losing money is a normal thing in trading, even if you are a great trader there is no guarantee that 100% of your trades will always be successful, there will definitely be times when you will lose your money in the market. The reasons you say are just ways to reduce potential losses on your trades - practicing them will not make every trade successful. And if a trader can master these things, then he can have the opportunity to secure higher profits and also minimize potential losses in his trading.

that's want to achieve. because no professional trader can guarantee that his trade will be profitable. However, experienced traders have their way of managing trading finances in such a way as to minimize the risk of large losses.

most traders will be happy and quick to make decisions when their trades are profitable. However, when losses increase, traders will experience panic. It can even lead to making wrong decisions, resulting in greater losses.
No matter how professional your are
No matter how veteran
No matter how old
No matter how long you've been dealing into this market

There's no such thing about guarantees that you wont really be able to lose money. This is why on the moment that you do find yourself having that
kind of issue about those emotional approach or reactions on the time that you do end up on being impulsive with trading then its not something a good thing for you
to deal up with this space. Why? losing money is never been that appealing and never been that gives out that good emotions.
If you are someone whose not good on emotion handling then you would be facing up such issues.
5  Economy / Gambling discussion / Re: Was it a Gut's feeling a Mathematical calculation or a Coincident? on: June 30, 2024, 09:53:24 PM
Having guts feelings or no guts feelings, no one would place their bet on gambling without feeling positive about it, that they can win.

If most of us do have the guts that we will lose in our gambling endeavors, do you think we would keep having the zeal to continue gambling without having the guts to win?

In an actual sense, the gut feeling to win is what keeps us trying our luck in gambling and when our predictions are predicted correctly, we begin to act like we already know what the result of our bets would be like, that's why we pick them at first, forgetting to note that it's just luck or coincidence not by mathematical calculations cos such a thing never works apart from being lucky.

OP, I think what I explained, it's how the man in your story felt about his winning on scratch Chrome Scratch ticket.
For sure most of us would really be having that kind of positivity whenever we do purchase up some tickets. Whom would really be having that kind of negative mindset on the moment that they would be purchasing tickets?

Of course you would really be having in mind that you might be able to win or hoping that you would be able to hit the jackpot on which it would really be just that normal to have that kind of approach considering that this is the main reason on why you had bought tickets in the first place. For mathematical aspect then it would be no sense yet this one cant really be applied specially on lotteries since odds would really be that close to impossible.
As for that emotions on the moment that you buy tickets then the positivity is there and that speaking about gut feeling then we would really be always having this. We would really be that positive that we would be able to hit the jackpot.

It did really just turned out that he was lucky on that point on which hitting those numbers would really be needing that extreme luck considering the odds or chances on winning then it isnt something
that a guaranteed thing to hit even if you are betting or buying tickets in a lifetime. So there would really be always a significance in speaking about luck in overall gambling or betting.
This is why dont make yourself that too delusional that there would really be things that affect your luck rate.
6  Economy / Speculation / Re: Where is the bullrun??? on: June 30, 2024, 08:53:34 PM
I have to confess that I don't understand too much about criptos, but during an important time I have studied about reading charts and I can't see a reason for believe that BTC will explode in short-term. I would like to know: What makes you think that will happen a bull run now? It is  a true need to learn about it.
What was your purpose of buying Bitcoin. Is it for the price or for the utilities is provides it's users? Maybe you quickly getting off from acknowledging that volatility comes with ups and down, but people like you don't want to recognize that part of when it's all going down. Check past circles the bull run has mostly taken a delayed move even after the halving. Bear it in mind that this delay could actually extend to 2025 and if you ain't patient enough you may pull out and miss the juice when it squeeze.
For sure most of people here on this market wont really be minding much about its utility but rather it would really be that focusing into that investment side of things on which we know that when it comes to potential
then there's no doubt that Bitcoin would really be able to give out that kind of potential on which we know that in every market cycle on which it is really that reaching out new all time highs and this is where we do anticipate to happen specially now that we are really that near into that condition. People who do seek or ask about when is the bull run then it would really be on next year but who knows that it might come earlier?
Instead on making yourself that getting that thinking about on when it would happen. Why we cant really just that be mindful about having some buybacks or DCA whenever the market would be having some decline?

And with that then you could really be able to assure up somehow yourself that when the market make out some shift then you would really be able to make profits or money on the moment
that it would happen rather than on keeping up those questions into your mind but not really that making necessary steps for you to do so.
7  Economy / Gambling discussion / Re: Gambling addiction does more harm than mere financial loss on: June 30, 2024, 07:59:19 PM
violence

Dont wait up for this thing to happen into you because on the moment that you do find yourself that getting addicted with gambling then you would really be
that ending up on having this kind of situation on which you would really be possibly be able to commit crimes specially if the addiction would really be into its peak.
This is why you should really be that careful in dealing up with gambling activity if you dont like to mess up your life entirely.

If you are someone whose really not that good when it comes to handling your emotion then gambling isnt for you. Losing money could give out that stress
anger,anxiety on which this could really cause up for you to become that impulsive. Financial loss? just like been said that it wont really be just that affecting this area
but also it could affect your mental and emotional health and this is something that not looks good.
8  Economy / Economics / Re: Money doesn't guarantee happiness. on: June 30, 2024, 06:46:34 PM
Money cannot guarantee happiness. It can contribute to happiness in several ways, i.e., good health, lifestyle, security, opportunities, and comfort. True happiness comes from genuine relationships, overcoming trials and temptations, and overall personal fulfillment. In the case of the 'icon', it might be his having some health issues that money can sustain but can't heal, or it could be his relationship or mental health. For instance, his money isn't coming from legal means, which prompted him to kill himself. 
But it would really be the main thing on which it would really be helping you out on being happy.

1. Travel = needs money
2. Buying wants = needs money
3. Providing your loved ones on what they do need = needs money
4. Important events or gatherings = needs money

and more...

Those things above are really just that those common usage of money that brings out happiness and this isnt something that could be denied.
In every move you would really be needing up to spend money to make it happen. This is why it would really be that so hard for us to tell that money
isnt always something that means happiness which its partly true but all the time it would really be the main thing that you would really be needing up for you to
materialize those things and could make things happen.

Somehow there are really indeed things which cant be bought by money like love, time,respect and other correlated things and
this is mostly that a problem by those wealthy people.  Grin
9  Economy / Gambling discussion / Re: Which is easier, to quit when winning or to quit when losing? on: June 30, 2024, 05:53:40 PM
Of course it is easier to stop when losing. First of all, it will be impossible to continue when you dont have money. When a person looses biggest part of his deposit, something might switch in his head and he will want to save what is left. When person wins, greed pushes him to continue. When person is winning, he becomes less and less limited with funds, and that opens in front of him opportunities to continue.

Yes that kind of makes sense, it's impossible for someone to continue gambling if they run out of money or if they no longer have any money, while we know that the requirement to be able to engage in gambling is to risk money. And it is very likely that this situation will be faced when someone is really far from luck. On the other hand, if someone manages to win because luck comes at the right time, then yes, they have the opportunity to continue compared to other people who run out of money at the start of their gambling session.

 On the other hand, everyone can be lucky and can win any amount, but it is a fact that not all of them can really make good use of their lucky situation by withdrawing at the right time and securing the amount they have won by cashing out, This means that it is very likely that cashing out at the right time will only be done by gamblers who do not make the goal of "earning" their main priority.
Literally on which you would really be stopping on playing gambling if you dont have any money to bet on, on which it would really be that something understandable on this case and this is something that would really be that normal but on the moment that you do still have money but you have that lost all of your bankroll on that moment and if you are someone who dont have that good self control then you would really be that definitely be continuing on playing specially on the moment that you would really be choosing up on chasing your loses on which this is really that pretty common for most gamblers and this is the main reason on why they do really end
up on having that miserable life or experiencing unfortunate conditions just because they did make out some nasty mistakes on spending like a mad man.

Quitting when you are on a winning condition or situation? that would really be tough and this is something that you shouldnt really be that making have doubts on doing so because
securing profits or wins and making those stops and breaks would really be recognized for you to be a real winner on that particular point since you do really know on what you are doing
and on what you are dealing with.
10  Economy / Trading Discussion / Re: Why technical analysis is not reliable on: June 29, 2024, 07:16:09 PM
technical analysis is a useful tool for traders, but we have to consider it's limitations. Technical analysis is basically based on assumption about the past market statistics and data, without putting into consideration other external factors . So traders should not 100 percent rely on technical analysis, they should use it together with other methods of analysis.
 Some of its limitations includes
1.it is based on assumptions about past market trends, gotten from the past market price and  volume data
2.it is a backward tool subject to interpretation from different traders.
3.Technical analysis will not provide the full details of the market,  that is putting economic and global events into consideration,
so traders should put all these factors into consideration before making an investment decisions using technical analysis.
First, it was never been considered to be 100% precise
Second, if you dont have that realistic experience about trading then you would be saying on these words.

1. Future isnt that known or could be predicted but it would always rhymes with those past events on which it would be understandable that traders would
   really be tending to look back basing into those conditions and this is something that cant be stopped.

2. Different people, have different analysis but doesnt mean that you wont really be looking up and snip some other peoples ideas.
   You should really be that considering on doing so.

3. It would never be, but having that TA approach is much more better in compared into those traders who do make out positions but
   having no analysis or considerations on neither using technical indicators or fundamentals on which you are really just that basically doing gambling with that approach.
11  Economy / Gambling discussion / Re: GAMBLE RESPONSIBLY on: June 29, 2024, 06:10:53 PM
The most important reason why we should gamble responsibly is so that we don't lose money that we can't lose, that's where it matters, which means we need risk management, money management, personal control and many others in order to gamble responsibly, it will emphasize ourselves to have limits in gambling.

But no matter how good a human being is at controlling himself, sometimes he gets out of control and kills himself, but that is a rare thing, we just need to try to minimize the bad possibilities that will result from impulsive gambling.
We don't lose too much money when we can playing gambling responsibly so that we can enjoy our spare time by playing many gambling games. We can knows how to use the risks management when playing gambling so we don't spends too much money. Personal control also helps us to manage ourselves from playing gambling because we will always remember that we don't have to keeps playing gambling after we lose some money.

Gamble responsibly helps us to keeps aware from the lose so we can control ourselves while playing gambling. We will not gets bad things from gambling such as impulsive gambling or even the worst thing that already happens to many gamblers which is addicted to gambling. We always remember that playing gambling doesn't needs to use much money to enjoy the gambling games but we can use enough money which we can afford to lose.
You're not wrong in saying that, but I'm talking about the possibility of human nature losing consistency in its principles, such as gambling responsibly, which at some point in time may lose its principles and gamble impulsively, although it can still stop and play responsibly again tomorrow.

I know that every human being who has the principle of gambling responsibly will be good at controlling himself, will anticipate the possibility of bad things coming to him, but it is not impossible that someone who has been gambling for a long time and using the principle of responsibility at one time loses himself, although he can regain consciousness but he has lost enough of his boundaries.

We are just humans and we cant really be that perfect on which on the moment that you would really be trying out to do things or having those kind of earlier principles or you are really that
setting up those boundaries or limits but on the moment that you do become that impulsive or other factors that would affect your initial plans or limits then pretty sure you would really be
able to break those things and you would really be that continuing on playing until you would really be able to satisfy yourself or on the moment that you would really be still have the money
that you could proceed on doing so until you do bust. This is always the case on which this is the main reason on why we do really lost up even more.

Gambling should really be that for fun and not for something that will really be stressful. On the moment that you do play and you are someone whose really
that not good when it comes to control, then you would really be that definitely be proceeding on.
12  Economy / Gambling discussion / Re: The benefits of Gambling on: June 28, 2024, 09:31:40 PM
Most of the topics we read are mostly mentioning about the negative side of gambling but I think we also discuss the positives of it...

1. Socialization
2. Income Generation
3. Employment
4. Support to the Gambling Industry

We've seen a lot of things enough to consider why gambling must exist. Maybe we just correct our views that gambling is bad because this also helps other people. We don't just focus on the bad things like addiction and debts that a person may commit by being an irresponsible gambler but also, must see the benefits it gives to the community and in our personal lives.


 
So here's my approach into those things be mentioned.

1. Socialization would really be just that only good or possible into those people who are really that going into those physical gambling places and not
   something that you could really be able to do online.

2. Income generation is only into those business owners or the house itself.
3. When it comes to economical approach then this is something that would really be beneficial to those who do work into this industry
   but not into those people who do play.  Cheesy
4. Same #3

Positive approach isnt something that you could normally to have when we do speak or talk about gambling.
It would really be just that normal because negative effects would really be always something that will really be putting up
on everyones mind when they do hear up the word "GAMBLING".
13  Economy / Speculation / Re: Is June a Downturn for the Crypto Market? on: June 28, 2024, 08:37:08 PM
June has been red so far but don't let that fool you. It is a misconception thinking that just because we are in a certain month the market should act in a certain way (up or down) every year. We keep seeing this every year where people say this month it dumps and that month it pumps.

What happened in June is not related to the month itself.
The situation with recession hasn't changed so sell pressure will continue to exist; and considering how price failed to break $70k and most importantly failed to stay above it, naturally the price comes down like this until the crash ends and price recovers and goes back up to try $70k+ once more.

Yeah, that's another nature of this market, it's cyclical but then very unpredictable at the same time. I attribute this to the growing number of Bitcoin investors, whales, average Joe's who's in the market right now. Some rules might have change, and there will be month like this one that we will see the price going in a average -5%.

Not just in crypto market, but recession is affecting every market, gold, silver, stocks and even oil. It's just how we react, like buying in the downturn, but I think majority is still afraid to the that because of the uncertainties. But if you are here for the bigger picture, regardless of the month that we see, you are going to accumulate Bitcoin as it is going to be more scarce and limited but demand are going to skyrocket in next year.
Why people cant really just that make themselves that realize that this market isnt something that they cant be able to predict on? We do know that when it comes to this aspect that there would really be no specific
months in a year could really be that precisely on having on the same condition whether its on the past and on the future months to come. Yes, they could really be having those connections or correlations but we do know that when it comes to this manner then everything which is really that unpredictable or something that cant really be known. Yes, it could make out some patterns but doesnt mean that it would be surely be happening ahead. So the best thing that you should do when there's a downturn on which instead on making yourself that freaking out with those drops. It would really be rather that wise that you should be making some
DCA or accumulation phase.

If you've been here into this market for a while now then it would really be impossible that you dont really know on how it moves or behaves on which it would really be just
that a normal thing for you to have that kind of approach on the moment that you do deal up with things.
14  Economy / Gambling discussion / Re: GAMBLE RESPONSIBLY on: June 28, 2024, 07:56:26 PM
Responsible gambling behavior cannot be overemphasized; every gambler should already know that gambling is supposed to be handled as a fun activity and not a means to make a living. The reason why some people become addicted to gambling is because they see it as a reliable source of income and want to depend on it for their daily needs. Responsible gambling is the way to win the casino; those who are addicted to gambling are only causing themselves harm and enriching the casino.

Gamblers should be responsible as much as possible in the crypto business field we live in today. That's why most of the time they don't do it because they are always preceded by greed, a disease that can easily land on anyone.

But if at the beginning of our gambling, what we can do is limited, then there is control over ourselves as gamblers because we have practiced self-control, especially in our emotions, which are often our real enemies, right? ?
Right, greed can come to anyone without him realizing that he is greedy, most people lose because they have a greedy nature and that is what destroys him and makes him lose.

After he loses his money he will try to catch back what he has lost and that is the average behavior of irresponsible gamblers.

And emotion is a trait that is indeed our enemy in any case even not only in gambling, in investment or anything else that triggers emotions will make us lose, with emotions we can behave impulsively and it will have a bad impact on ourselves, therefore gambling responsibly is the key where we can control ourselves very well.

Actually you could really be able to feel it out on the moment that you would really be that playing gambling then greed do kicks in, it is really just that a certain individual would really be just that neglecting out
that they are already on such moment on which they should really be that stopping on the moment that they had that made themselves that spend up too much or something that goes beyond their limitation.
People usually do able to make out those realizations on the moment that they would really be on such condition that they had already lost that much until they could literally be able not to play just because they dont have any money into their pocket for them to play. This is where people would be making out those realizations and not on the moment that you would be still into those earlier conditions.

This is why it would really be always important that you should really that know on what you are doing because on the moment that you do find yourself having such problem then you
wouldnt really be just that so easily be able to resolve it out and this is something that you should really be looking for yourself if you dont like to mess up your life.
You should really be careful into the decisions that you are making.
15  Economy / Economics / Re: Labor is really the birth of happiness? on: June 27, 2024, 08:47:32 PM
As a child, textbooks and teachers have taught us that hard work begets good luck. That is, no one comes into the world with luck, everyone has to make their own luck. The more hardworking and the more serious he is towards his work, the more likely he is to succeed. But there are some people around who look at them and think this saying is not true. Around me, I see many such daily wage laborers, rickshaw pullers or agricultural laborers, who remain at the same position from which they started their life even at the end of their age. It's not like they don't work hard.  

A day laborer works for around 12 hours non-stop and in return they get a small amount of money which they spend in various ways. Here my question is why they are not able to change their fate after working so hard. In this case you may tell me that he is a daily wage laborer or he is a rickshaw driver that is why he is not progressing but he is focused on his workplace and he is working there with full focus so why is he not changing his fate. If a rickshaw driver or a day laborer wants to but cannot become a doctor or an engineer, he has to focus on his profession. What do you say about his change of fate?
There are lots of factors on which it could affect someones success neither intentionally or something that cant be controlled like inflation and economic aspect.

Here are the possible reasons or things.
1. Economic condition- Everything is expensive so that day rate or salary wont be enough. So there's nothing cant do about it.
2. Lack of education- Those who didnt finish a degree would really be just that having their end game on having those labor jobs.
3. Not taking any step further- Didnt tend to have some side income and making some dealing up with other methods that could bring up some potential profits
4. Just simply contented on what they do have

This is why we cant really be able to tell someone on how they would really be that handling out their own lives.
We do have our own decisions and we do have our liking on the conditions that we are into.
16  Economy / Gambling discussion / Re: Gambling and Religion. Beliefs or Choices? on: June 27, 2024, 07:50:01 PM
I have never seen someone who is truly religious playing gambling.
There are many religions out there which are small and shady as anything. One of them is well known from its "elders" indulgence in certain dehumanizing things. Hence a religious person may not always be a good person. Gambling though is known to bring bad outcomes to those who get addicted to it and thus religions abhor it. But there are many religious people who regularly gamble and lose money in it, without any remorse.

Hence we should not see the thing as A=B always. Whether to gamble or not is a person choice and we should not judge people based on that. If they are happy with it and their belief, let them be.

This might be old but this one shows up that even church leaders do really love to engage with gambling. lol.
Making up some indirect reasoning about that it is really just that for the church.

Priest wins $100,000 for church in poker game
A South Carolina priest missed the $1 million top prize in a poker tournament to be televised this weekend but he won $100,000 for his church.

Source: https://www.nbcnews.com/id/wbna34526512

Some religions does prohibit gambling but those leaders are the ones who do really love to engage with it
on which it is really that totally contradictory.
17  Economy / Trading Discussion / Re: Trading psychology and TA on: June 27, 2024, 06:43:38 PM
First of all, explain what you meant as psychological trading.

Is it a type in which a trader will trade without having any bases of analysis? If that is it, it means the person is just gambling. Or does it mean a trader will not trade at all until the price of bitcoin has fallen so significantly? That is a good type of trading if that is what you mean.

But this would be good only for swing traders and holders. As for scalpers and day traders, technical analysis is very important.
When you mentioned gambling it made me feel this way;
Do you ever know the outcome of a trade from the beginning? The market is a space of random variables and that's a gambling feature. The good thing in trading is we are able to put the variables to our favour with some sort of trading skills yet we don't win all the time.
Have you closed a winning trade at lose? That's because you tried escaping this feature of the market but the right psychology would make known all these facts to your thoughts about the market. Without good psychological behaviors it's difficult to remain disciplined (follow your risk management plan) in the market.
So in as much as you are very good with your TA+FA I think it's also necessary to maintain good behaviors in the market.
On the moment that you would really be boggling up your mind on how this market behaves or works on which same as you had mentioned above that when it comes to volatility then its true that there's no way
that we could really be able to predict on where it would be going and this is why it would really be the reason for you to make out those predictions and guesses on where it would really be going. It would really be just that becoming a gamble on the moment that you wont really be applying any analysis into it. If you are really just that placing up your position without any basis or analysis been applied then you are just basically doing 100% gambling.Whereas, into those traders or people who do make having those kind of technical and fundamental analysis on which they are really that trying out to lessening up the risks on losing such trade.

Somehow there would really no assurance that you would really be able to make those profitable trades due to unpredictability but it would really be always best that you should really be applying
into those things on which really needs to be applied if you are really that serious on trying out to make some profit within this market.
18  Economy / Gambling discussion / Re: The real winning of gambling is withdrawals on: June 27, 2024, 05:54:56 PM
To be honest we have quite a lot of definitions of winning from some people here, including the one you mentioned, that when you get a large amount of money never go back to gambling until, and there are some people who also say that winning is when we withdraw when we get a win.

It may depend on each person's preference in answering but I agree with all of them that when victory is claimed is when we withdraw from gambling, and we can use it, whether we return or not for the next day is your right because you will probably do the same thing again.
Everyone has their own definition or has many definitions as said, but when in a situation we are still in a gambling game, when we get a big win then I can't say it's a big win, because the money is still in the gambling account and maybe at that time we were still playing, so that big win could turn into a defeat. I can say it is a win when we withdraw from gambling and withdraw our money. And that's still not enough, because some people also make deposits again before they enjoy the money they withdraw.

Being able to enjoy the money we withdraw from the winnings we get is a form of victory in my opinion, and there are different ways to enjoy it, some spend it on parties, treating friends and so on. The point is that we no longer use the money we withdraw for gambling. In my opinion it is a form of winning from gambling. The reason is that when we win big and we continue playing until our money runs low again, it is not a real win.

Yes, you are right in what you said. That's why it is important that when we win gambling, we immediately take it out of our balance account at the casino and just keep the amount that we will gamble again, so that it will not be used again. We won by gambling.

That's what often happens when the amount we win is kept in the casino for a long time on the gambling platform we play on. We should really learn to control ourselves when playing gambling, especially if we already know that we already have a gambling win.
Taking out your winnings but still that making use or depositing again back into casinos on the other day? You would really be just that still doing the same thing. You are really just that delaying it
but it would really be just still ending up on the same situation on which you would really be that losing all the money that you do have on that particular day then you would really be that still having on the same story not unless if you would really be still that lucky on that moment then you would really be having that good feeling but in overall thing then it would really be just on the same cycle. This is why on the moment that you would really be that playing gambling then you should really know on how to make yourself having that kind of moderation. This is why when you do win up some money then you should really know on how to
make that kind of making use into other things which would really be more worth and something that you could hold or something that you could use if you do really want to have that make it worth it.
19  Bitcoin / Bitcoin Discussion / Re: What ruined your chances of investing in Bitcoin earlier? on: June 26, 2024, 09:46:49 PM
Mostly the lack of knowledge of bitcoin, and my finances were too poor to think of carrying on an investment in bitcoin when nobody around me was to teach or indirectly how to invest in Bitcoin with the little I had as a newbie.

It was as time passed by, through the knowledge I received from btt forum, that I began to learn how Bitcoin investment was, that someone can invest with the little they have and hodl it for long.
What you say is very true, apart from our lack of knowledge about this asset, in the past there was also a lot of bad news and many people also experienced investment losses there at the beginning or in the past. As time went by, I learned first before diving into the world of investment that it turns out investing in crypto has 2 methods, spot and future. 

What was an obstacle for me when I wanted to invest in Bitcoin was money, at that time I didn't have a permanent job or no income, this was a regret for me that was very difficult to express and of course for everyone. ever feel afraid when we put our money there.
One of the main reasons on why you had missed out such opportunity is just that because of those external factors that basing up with real time experience in regards about online scams.
On the moment that we would really be hearing out something which is really that in our first time on hearing out such thing then being skeptical would really be your main reaction into it and would really be having those thoughts that this would really be an another type of scam that it is really that existing. This is why on the moment that you would really be that making yourself see that on the things that you had known or heard before
turns out to have that moon shot then this is where you would really be having that huge regret specially onto the moment that you have realized that if you have just bought tons of those then
you might be rich as of this moment.

Thats how life works and it would really be better that you shouldnt really be looking back into those things that had already happened because on the moment that you do keep on coming back then it would really be just that bringing out such stress and would really be that not good for you to move forward.
20  Economy / Gambling discussion / Re: The real winning of gambling is withdrawals on: June 26, 2024, 08:46:17 PM
Whenever I win, I usually feel this strong urge to gamble more and also increase the amount I'm using to gamble. I do fall for this urge most times and the result is always disastrous as I end up losing the money I won with great pain and regrets. The only time I can say I have won is when I make withdrawals and possibly use the money for something else. As long as the money is still in the platform, there is a high chance of using it to gamble more. I decided to create this topic to see how other people manage their winning in gambling. If I notice a better approach, I will switch immediately as I don't want to continue experiencing the pain of winning and later losing the money again.

Why not change your strategy or when you win something big, take a break and gives it some days before you gamble again. The excitement and the joy over the last winning would have disappeared from your face and that happiness would have vanish by that time, it will gives you space to think and modify your skills and try again. This will surely help you to avoid losses, even if not all the time at least protect you from over gambling.

I don't know they type of casino that you use but I know some people that are in this situations and what they do is that they temporarily lock their gambling account for some says after the withdrawal and the casino wouldn't open their gambling account until after the period they set has elapse. This help them avoid over gambling and any decision that will make them to want to gamble.
Actually making those kind of breaks or pause on your gambling sessions in between doesnt literally could affect the odds on how you would really be able to win on the next game or session that you are tending to deal on with. Somehow when it comes to emotional aspect then having these pauses could really help us at least on trying to control that greed feeling on the moment that you are really that making some money or winnings.
It would really be that so damn hard to have such control at the moment that you would really be finding yourself on such condition on which you are really having that kind of urge when it comes to this aspect.
Making withdrawals would really be indeed the best way to secure out and make yourself called as a winner but on the moment that you would really be just that losing it on your next gambling session
then i wont really be calling this to be winner. You are really just that delaying yourself on experiencing on the same losing situation on which it is really just that the same in overall.

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