Hello traders!
I am new here in this forum I don't have more knowledge about tradings, but I think maybe someday if I will given a chance to do trading I think I should try it. So I always read articles about tradings and also I read threads here in our forum about trading discussion. However I would like to ask all traders here that have more experiences about trading if what was the common problems that encountered of an ordinary traders? And what was the common mistakes had you ever experienced and how could you manage this problem and mistakes?
Can you share your thoughts and experiences about tradings.
Thank you in advance.
Common problem, then this would be the thing based on experience: • Short Patience • Lack of Analysis and going or making decisions without any basis • Emotion • Easily believing on fuds and shills These are just the common ones. maybe you can add about don't want to learn more in trading and only depends on the news. I see that some of the traders did this and they are confused with the market when the price is going to down and they are fast selling their coin without doing the analysis for the coin. and to manage this problem and mistakes, I guess we still need to learn about trading no matter we can get a profit or we get the loss. we do not realize about our mistake so we only take it easy without searching what can we did to solve our problem. |
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in my country, cryptocurrency still not accepting and my government only said that people need to be careful when they invest their money in crypto and if somehow, the people cannot make any profit, they don't have to blame other people. every people which want to join in the cryptocurrency must know that the government is not accepting crypto right now and they are not responsible if something bad is happening with the crypto or with the people. so from this, my friends and I am fine with this as long as we can still access cryptocurrency, then it is fine.
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the market still unpredicted until now, so many altcoins getting an increase in a second but then the price is down to deep. maybe we are going to see this in this month and I think if we can know the time to buy and sell, we can make some profit. bearish trend still on the market and we don't know when the trend is over so we can begin to take the profit again like before. we need to watch the market and I think we can set the alarm so we know when the price is starting to go up and down and we can do something.
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the best thing that we can do with free cash bonus is just to play until it's gone so we can get another free bonus to continue to play. but don't make any deposit after you've got a loss because this won't give you any chance to win the games. it is better to get some free bonus to play again and I think there are many gambling sites that allow us to get a free bonus over and over.
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i think shyness in gambling is when you're a first timer and really don't have the idea of that gambling game you are betting plus there are many people in a group and you think they watch you as you bet.
Such shyness can be considered as nervous that we usually get on the new things that we do/meet. As soon as we can blend in with the community, such feeling will gradually disappear by itself. That happened to me on most occasions. Some people are shy because they just wanted to hide from everyone they know, they don't want to disappoint others because everyone might think they are a good individual or a good example. A certain invidual might be shy about himself when he is playing gambling because he might have a huge debt and can't pay it. When they consider this game such shameful that they can’t just play it before those who knew them already, then why to go in there. What is the need to make your money wasted on the thing that is shameful to you? Respect is all what a human being have and what if you’re this self-respect is on stake then why to play such disgraceful game. Don’t get near it dudes. I don't think gambling goes with shyness. Gamblers aren't shy if anything they're confident and stubborn. In anyway, being shy would only cause you to lose in my opinion. gambling can make us become shyness especially if we are playing gambling in the real casino because we know that one or more people which always playing gambling. we can feel shyness because we don't play gambling in the real casino and suddenly when we play on that casino, we meet that people which are not expecting us to play gambling. at that moment, we can feel shyness and we only want to leave the gambling places as soon as we can and we don't have to answer their question of why we play gambling too like them. |
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I don't think you can dodge the law but I agree to what you have said in the other and I also prefer gambling with crypto. I only gamble with my dust balance in my trading histories. I don't want to get the same feeling of losing BTC.02 so quickly because of the desperation of making huge money.
I don’t think that gambling with crypto would mean that it would be easy for you to dodge the law. Perhaps for now, there aren’t that much laws or restrictions for gambling with crypto but it’s not immortal from laws. Once a ban is made, then gamblers will be in trouble. Anyway, I don’t see how it poses as a solution but it has definitely provided better options for regular gamblers. It sure provide us the alternative in gambling because of crypto. Just let's see the what would happen next. While as long as the restrictions haven't been set, just enjoy this time for gambling in crypto. Though I don't think the law for crypto gambling would be made soon. I think the law for crypto gambling need a long time to be made because cryptocurrency is not yet accepted in all country and for the country that accepting cryptocurrency, they don't give any restrictions for crypto gambling. gambling in the crypto market will still exist unless there is any restriction from each government that doesn't allow to use crypto as a bet. and if we can use crypto for gambling, then it will easy for us to deposit our money and convert it to the crypto and we can play gambling. |
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this makes us happy to see bitcoin price become stronger than the last weeks so we can sell some bitcoin to make a big profit. I hope that it won't just stop in this step but it will increase more and more in this month and in the next months. maybe in the next weeks, we can see that there are big pumps for the bitcoin price so the price can easily move to the higher price and reach the highest price again. but I still waiting for the price to reach the higher price because I get some bitcoin at $7800 so I need to sell my bitcoin in more than $8000 price level.
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I think it will better for us if we can find a good seller that offer their services to help us to withdraw our bitcoin to local fiat because we don't have to be afraid of anything. I see that many of us still using the local exchange to withdraw the bitcoin which I think we need to find a safety exchange so we don't have to be afraid too. so far, I still use third-party services from my friend which allow me to sell my bitcoin to him and then he sends the money to my bank account and it is safe for me.
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maybe he can buy ethereum only for that $1200 because if he decides to buy bitcoin, he only get a small amount of bitcoin and he needs to wait for a long time before he can sell at the high price. and if he can buy ethereum only, I am sure that he can get more than 2 ethereum which he can hold for a while and I am sure that he can make a nice profit. the other investment that he can buy is only bought a cheap coins price and don't sell it on some periods and the most important is he doesn't have to be panic when he sees the red is coming.
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The odds are almost always set against you in gambling and rewards are pure based on luck or good fortune rather than on hardwork. That is why it is called gambling
Why you are saying is depends on casino and dice game type where no calculation or hard work is working and it is purely depends on luck. But if you are gambling on sports or poker then I think hardworking pays you hardwork means by preparing report and analysing in games and then gambling will pay you I don't know about sports but maybe it can be a hard work since we collecting much information about each team that will be played and we analyze the data. but maybe it will the same if we are playing the gambling games using strategy so we can have a chance to win. but for me, no matter what is the games in the gambling, I don't think that it's part of hard work because we still depend on the luck that can help us to win the games. |
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No, the money that you can win in gambling is just probably enough to pay your gambling debts. There is success in gambling but maybe it can happen if you bet on lotto tickets but for the other gambling plays, the reality is it is all about losing. Winning is just to make you feel good about yourself for a short time.
you cannot get any success in gambling unless you have a big luck or fortune in gambling. we all know that the chance of losing money in gambling is big and we should not depend on gambling to get the success. there are many other jobs that we can do to reach the success and it is better for us to think about our future and reach our success like other people did. Both ways are right, better to move forward and never to entrust your life with your fate, gambling is for us to enjoy but not to lean our future, success maybe for those fortunate and really knows how to play well, we do have different stories about our activities and some of us can say that they enjoyed the benefits while other's are in the other side where stress and failures really hit them up while playing gambling. Don't you judge it all over mate, because there were instances that other gamblers won in a lucky game bets. Possible there's a temporary success, but not sustainable one due to it betting another sets of rounds. The problem if we entrust ourlive with gambling, you will become dependent to it and you will be possibly lossing focus for your life's daily career growth. I am sure that there were any gamblers that can win in the gambling games but if we compare with the people which are lost in gambling games, I think we can see that people lost in gambling games are too many depends on the lucky gambler. so from this, we know that it is very difficult to find success in gambling and we should not use gambling as our source of income because we can lose all of our money. but if you still want to find your success in gambling then you can do it but you will not survive for a long time and you will lose your money. |
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The existence of Bitcoins is neither a threat to jobs nor to national currencies. It is just an incredible opportunity for more and more people to improve their financial condition for no clear reason. Something between wonder, magic and madness.
bitcoin can be another solution for people which want to search another opportunity to solve their finances problem and I don't think that bitcoin is like a threat to their jobs and their national currencies. and if people can do both jobs and work-related with bitcoin, I am sure that they will see that they have a big potential to make more money and even they can make a big money from bitcoin itself. but unfortunately, it's only a few people that can use this opportunity and the other people doesn't think that bitcoin is a new way to earn more money. |
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I don't think and I don't agree that there should be Tax in cryptocurrency because it is not and can't be controlled by the government in any way possible and it is not necessary to add Tax since everytime we deposit/withdraw, there is already fees in every transaction hence if we add tax, then the lesser money we can get because it can add up to the fees that takes away a part of our money.
In my own opinion, cryptocurrency should not be taxable because investors are already paying for transaction fee's which can compensate for the tax. but unfortunately, we cannot do this because we still live in a country that applies a tax for many things and the government still want to take benefits from what they see. so I think the government can easily to add some tax to the cryptocurrency and we cannot deny it and we can only obey the rule for our safety. I only hope that the tax is not too big so we can still take that money as our profit and we don't have to break any regulations. |
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in this situations, I think bitcoin is the best coin that we can choose for the investment because I see that bitcoin trying to increase the price but you don't have to invest in bitcoin if you are not sure. you need to check what happens in the market so you can find out that investing in bitcoin is good enough for you. besides that, I am sure that there are more than 50 good coins to invest and you need to check one by one before you buy and make sure that you have enough money to buy more than 5 coins.
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Some people think that strong feeling affect the outcome of your bet. But for me its all about luck., what do you think guys.
It depends what kind of game they are playing. If they play about dice, then luck is the only way to win the game but in cards it needs skills to win the game. Strong feeling is similar to say that we/you will be lucky within that day IMO. For me yes, i believe it has a big effect in gambling because positive thinking will lead to a positive outcome. When you are gambling and you feel stressed you will be filled with negative energy which eventually becomes a reason to lose. But still it depends on the kind of gambling game you will play. Playing only when we have a good mood for sure will help us to maintain the game in the right way while if we are gambling when our mind is full of things that make us can't focus on the game itself, so sure it will affect the way we gamble and mostly will lead to the bad result. Not only depends on mood and situation, sometimes we need to have enough luck in order win through the gambling. Even though we have a positive mind towards gambling but we need to have enough to win the gambling. and if you think you have enough luck, you can win the gambling game and let see what will you after the next of your winning. I guess that you will become greedy and you still want to chase another winning because you think that your luck is still on your side. but the fact is, you don't know if your luck still works for you or not. you only know when you play the next round which means you have a big chance to get the loss. positive thinking can give effect to us in the first time but the rest of the game, we are still far away to keep that positive thinking with us so it will affect the whole of the gambling games that we've played. |
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No, the money that you can win in gambling is just probably enough to pay your gambling debts. There is success in gambling but maybe it can happen if you bet on lotto tickets but for the other gambling plays, the reality is it is all about losing. Winning is just to make you feel good about yourself for a short time.
you cannot get any success in gambling unless you have a big luck or fortune in gambling. we all know that the chance of losing money in gambling is big and we should not depend on gambling to get the success. there are many other jobs that we can do to reach the success and it is better for us to think about our future and reach our success like other people did. |
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I have seriously considered quitting gambling but if i did, a certain part of me would be missing.
This is because I have many friends who I go to the bar with to watch the games.
If there was no gambling, it wouldnt be as fun to watch the games at the bar.
I dont know if to quit is to quit yourself but you will be like a much different person if gambling is not part of your every day life.
I think in the bar, there is another game that you can play with your friends and maybe you can play billiards but don't use the money for the winner. you can try to quit gambling if you really want to and I think you can try to build another habit so you don't have to feel that something is missing. and I don't think that quit gambling will make you become different person besides becoming a better person without gambling in your life. Stop playing gambling is a thing that will have a positive impact on our lives. We have to admit that when we try to stop playing gambling we are also trying to get to a success. This is an option because when we try to stop playing gambling then we are heading for success and when we are still playing gambling then we are closing ourselves to destruction. Everyone must have a different view and I'm sure that gambling will only bet on a fortune, a luck that will not come! That is everyone’s reason, to play and have a chance to have success in gambling and multiplying your money to have more. Gambling could also give you a positive impact if you win but the downside is it’s hard to stop once you get into the zone and you might think that you could always profit from it but you cannot. No one ever had made fantastic results from gambling or any earning source, so why we get into this with this purpose. Everyone knows this gambling is harmful for everyone and whosoever it would be, gambling just ruin their lives. So don’t let this chance to get into your life. Encase this is so attractive, if you played it for once even, you can’t just control your mind later on. That's how gambling addiction will start because most of the people will start very slow in the beginning but gambling is the most addictive one which will make us invest more into it, even though we are losing money. Many people are addictive to it because they are making money through but the problem is they are losing money through gambling. yeah, and if they see that they have a chance in gambling, I am sure that they will try to playing gambling but once again, they will lose their money. and if they do not realize about this, they will keep playing gambling without know how to stop and leave the gambling places and soon, they will become addictive in the gambling games. so, if we know about this and we are really concerned with our life, it is better for us to stop and quit gambling before it's too late for us to realize. |
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Litecoin and Ripple are not so promising altcoins for me. Yes, they are developing now but I am sure that they will not be able to compare with other strong altcoins.
although it is not promising coins, I still hold some litecoin and ripple and it did make me a nice profit to sell both coins in the last year  I am sure that these both coins can increase again in this year so I can make another profit. and if the price of litecoin and ripple is down too far, I will think to buy more so I can have much of litecoin and ripple. and from the other oldest coin, only litecoin and monero that is not increased so high so the chance for litecoin to increase is wide open in this year and in the next years. |
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Can cryptocurrency become universal means of exchange. I mean can it be a global legal tender like the physical money
I personally believe that in a few years it can be reality. But it does mean that all people in whole world was will be used only cryptocurrency in their daily life. someday, we will see this is happening and meantime, we can keep trying to collect as many coins as we can and make a profit from the cryptocurrency. so when the times comes, we are making a huge profit and we can reach our goals one by one. besides that, we can have a big money in our bank account and we can use for anything we want. cryptocurrency has a bright future as we know that the technology still grows and in this year, there are so many new technologies that still develop especially in the cryptocurrency section so we can see that in the future, our life will be full of digital technology that will help our life. |
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if I think that will be the new king is Ethereum, because I see Ethereum growth is very fast.
ethereum will be the king for every token that is using the ethereum network as their base network. but for all cryptocurrency, bitcoin will still be a king for every coin because we can see that every coin still adjusting and depends on bitcoin price movement. and if somehow, bitcoin can increase higher and back to the last highest price in the last year, then the altcoin will adjust their price and follow bitcoin to increase higher. ethereum will also follow bitcoin too and it will behind of bitcoin but the price of ethereum will increase higher too. |
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