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1221  Economy / Gambling discussion / Re: Crypto gambling top projects on: October 05, 2023, 08:11:37 AM
BFG Token didn't make it to your top list? I thought Betfury.io casino was quite popular, at least from what I've seen.


Yes, Betfury.io deserves a slot, and I'm glad I saw Rollbit on the list. I knew some in the past like FunToken, but I think it's not popular, at least for me, as I'm more attracted to gambling sites with sportsbook integrated already. It's like a one-stop shop for me. Also, with lots of crypto gambling projects with a high failure rate, making it to the list means the team behind them is very capable of making strategies to compete in this competitive crypto gambling industry.
Yeah its undeniable that they deserves a slot on the list if we talk about casino performance since somehow they are one of the great casino to choose. But since they are talking about its project created in behalf of their casino I guess they are yet far to get a good place on any discussion or sites listing like this. Since as I said earlier they didn't manage to fulfill the expectation of their holders since there token didn't get any good demand and also investors is now annoyed for what they are heading. If BFG tokens will just get listed on top exchange maybe the scenario will be different and they might get good volume since as of now they are not really in good shape if we look at them on the exchange where they are listed on.
1222  Economy / Gambling discussion / Re: Crypto gambling top projects on: October 04, 2023, 12:52:08 PM
BFG Token didn't make it to your top list? I thought Betfury.io casino was quite popular, at least from what I've seen.


BFG tokens didn't went well so far many of its holder got dismayed for current condition since they don't see any good movements. There request to be listed on much bigger exchange is not also heard by their management that's why there investors slowly goes out and their token didn't get much good volume that's why it didn't attract traders to trade or acquire their tokens.

See the sentiments of people on their thread https://bitcointalk.org/index.php?topic=5276159.7020 we can see that their current condition is not good and they are not giving updates regarding on what's new to implement to help their BFG token to rise.
1223  Economy / Economics / Re: How do you manage your finances and family if your income is low range? on: October 04, 2023, 09:45:41 AM
I hear people say do not start up a family if your income is low but this is not applicable in all cases. A low income earner should as a matter of necessity order his wants according to their order of priority. Why spend things you do not need? Scale of preference is the solution here.
 A family who earns a very low income should not be in a competition with the next family. Go for good products and services but at affordable prices.  All expenses should be within the family's budget and not to impress anyone.
And while managing the family's scarce resources,  an alternative source of income should also be looked into.
Basically, we have to live a lifestyle that is in accordance with our income and of course we can enjoy it, sometimes what makes things difficult for us is a lifestyle that is not in accordance with our income. However, we can change the economic situation, as long as we can manage our income and expenses well. When income rises, expenses should not follow so that there will be a lot of remaining income that can be allocated to invest so that we can improve our lives in the future.

If we succeed to live that lifestyle where we are away on luxurious things then provably we can survive even if we only earn low. Its just we need to settle up according to our needs and ignore our wants for awhile if no budget excess comes to our wallet.

Its just proper financial handling since if you are good on budgeting for sure we will never get a problem on finances. This also needs a proper cooperation to other family members and they should learn to settle according to the family income so that they can help in budgeting.

I know budgeting is hard but for current economic and high inflation we need to settle on what we can afford so that we will not decide to take a loan and buried by the interest rate asked by this corporations.
1224  Economy / Gambling / Re: 🎲BetFury.io| 💸Buy-Sell BFG on BetFury | 🔥Fury Pharaoh - New In-house Slot on: October 04, 2023, 08:18:59 AM
Maybe they are just trying to comfort theirselves for wanting to believe that BFG token is just becoming a stable token for a while. They didn't even realize that no big trading movement happen to it and I guess I also agree with you that this is the bottom that's why no big downward movements those holders still experiencing. For other think about investing on BFG maybe this is the best time for them, but could they able to wait for lmore months then hope for more greater movements to come? For now many traders are now doubting about this token and those who still hold doesn't have any choice but to continue to stake their BFG token so that they can still earn with token even if the current situation is not really good.
Stabilization based on lack of liquidity is a trouble and the lack of volume is also causing a lot of issues for not having to be listed at a greater exchange as well. These are all important things that we need to handle and should be dealing with it. I personally believe that the best thing to do right now would be to create some reason for people to buy this token, maybe that would be something like a competition, maybe it would be something that could be a reward system.

I am not sure what it could be, but give people a reason to trade BFG and get something in return if you really want to make sure this token can go up. If you do that then you are going to be fine and when you think about it, without volume and liquidity they would all worth nothing soon, which is why it should be tested to do some marketing like this.

Reason that will allow investors to invest their money, some sort of possible way to hype the project, without doing anything and continue to be like this interest may continue to fall out and more will be selling out their assets, the cycle should always be a give and take for both investors and the developers, without a possible gain for the investors or reason to invest it will simply leave or not being interested to join and acquire this asset.

Let see if how the team will come up with any possible way to attract new and old time investors. Most of the time there are traders who are just waiting for any update before they will invest back and try to hold for potential benefits.

Investors will always look for statistics and performance done by its creators so for seeing no action made for past couples of months then it remains on small exchange will make those people dislike the idea of buying this token. For now there's a lot to work on on the devs side so that they can hype back their tokens since its really hard to convince those old investor to invest again so they need to have good marketing plan to have new investors to buy their token but seems that's not going to happen for now since devs still not taking care any related on their token development.

They are in focus on their casino development so I guess this is long wait for people still holding BFG since for now this is not their priority.
1225  Other / Beginners & Help / Re: Be careful were you put your hard earn money on: October 04, 2023, 06:13:06 AM
During the 2017-2018 bull run, crypto experience fraud from bitconnect, onecoin etc who disappear with billions of peoples dollars.
At bull run 2020-21we also experience fraud who will subsequently take advantage of people gullibility to ruin them, Luna, 3AC, Ftx, etc.
You are only here in 2023 so I assume you were not in the market in 2017 or 2018 and if possible, you were only here in 2020 and 2021 bull run then 2022 and 2023 bear market.

You can read articles, news, price charts and know about past histories like Bitconnect, Onecoin but doing so is not enough to completely understand and feel what happened with those scams. Now you can see Bitcoin price chart and feel it is smoothly and easily to hold it from 2009 to 2018 or 2021 and get very massive profit, ROI but along the way, many fud, challenges you can not imagine. You only can feel about it if you actually were in the market in those times.

People here especially the old members of this forum for sure experience the worst so most of the time we are very careful on where we put our money since to many tactics created by scammers has been exposed and they will never succeed for scamming anyone if they do some nasty attempt here.
Scamming happened on the mentioned program is really big and to many people learn a lot of lesson for believing that there's good profit they can receive for trusting those ponzi platforms. If we also talk about the past history of good and bad events happened on the market for sure we cannot trick anyone here since they are knowledgeable on what are good to prepare and what other negatives to avoid.
1226  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: October 03, 2023, 02:00:45 AM
The problem is simple we are at 28k and if we are not close to 50k by April 1 2024 miners will be hurting bigly. so the sooner we get a pressure relief rally close to 40k the move miners will not panic.
Some estimates reported in Glassnode say that average block mining costs will be about 30k-40k after bitcoin halving. Are these estimates inaccurate or does the price have to be above 50k to be profitable?

i still think a strong oct move up. this oct.

Or November, December-same thing, probably.
$40-45K for halving sounds like a very reasonable price.
Even though the miners would not be very profitable at those numbers post halving, they could still withhold selling mined bitcoin for a few months while causing more appreciation in the interim.
They were doing this around each halving, imho.

High provability that we can see big movements this coming November, to many people will start to save their bitcoin since they speculate to earn huge for this upcoming halving.
Also for sure miners will hold their mined bitcoins since most of them know the situation and they could earn more compare is they sell some early or some good changes happen in the market.
$40k-$50k sounds fair and reachable but for sure all want to see a new ATH recorded at that event.
1227  Economy / Gambling discussion / Re: Best Practices for Staying Safe When Gambling on: October 02, 2023, 09:36:31 AM
In that case they decide to go beyond their budget limit just to chase their losses with mindset of winning and when doing that, they keep losing more and more and this however results to addiction and it continues that way again and again.
Responsible gamblers don't do that, it's a practice done by amateurs who don't understand how things actually work and they don't have any idea about gambling in the first place, all they have ever thought was that they can earn a lot of money from gambling and it's as easy as drinking water which is not true and when they face the reality, they just can't accept it.
A responsible gambler can take care of himself and will not exceed his budget limits. And even though they have experienced defeat, they will not try to catch up because they want to recover their lost money. They realize it is difficult to do so they may prefer to stop gambling rather than risk an even bigger loss. It won't be worth what they will get later, especially since this is gambling where they might not get a bigger chance of winning. So it's better for them to gamble casually and try to enjoy it.
Of course, responsible gamblers don't really pursue the ambition to win at gambling, they use gambling only for entertainment, and yes, responsible gamblers can always set their limits when gambling so that they don't experience too many losses.


It is difficult for someone who is addicted to gambling to do this because they always try to win at gambling even if the result is nil they will continue to try until their balance runs out. This is very detrimental to oneself because they cannot create boundaries and cannot control themselves If the person doing this is already have a family it is very possible that it will have a negative impact on their financial condition.

Maybe there are gamblers doesn't really care about winning since they are playing because they want to have fun but if you really follow them do you think you can really say you enjoy if you lose your money? I guess that happiness will not exist especially if we are low ballers and we would provably feel the pain of losing our money in quick instances. Maybe other just manage their finances while gambling can really enjoy the game but for other its hard to feel that since they are looking to win. Maybe to practice safe bets or control each unwanted scenario best for each of us to know when to quit since this is only solution for us not to get hurt much when losing and totally be happy when we win.
1228  Other / Beginners & Help / Re: HODL is purely a mental challenge on: October 02, 2023, 07:24:42 AM
...After all, it's a very important lesson to know that HODL is purely a mental challenge. If you want to HODL correctly, you should know and pay attention to all points mentioned above.  Smiley

If you are a Hodler, have you determined the price for yourself when you will sell your Bitcoins, or does hodl not involve selling coins at all?
It's a difficult question but I wouldn't say HODL involves selling coins necessarily. Some people buy Bitcoins for HODL and don't sell, some people sell after some time. I believe, HODL doesn't has any fixed amount of time. But maybe at least 4 years for each halving cycle? It's up to every HODLer.
HODLer's just sell (or don't sell) after an undefined amount of time.

This decision will really depends on the person who decide to do this conditions and usually at the moment people only speculate the halving so most provably Hodlers always prefer the 4 year cycle since the halving event is the only thing they are waiting for. Maybe there are some few people Hodl for long time but there are only few of them and mostly they are the institutions which want to create something big for bitcoin. If someone think they are holder because they hold their bitcoin for one year I think that's fine to call theirself that way as long as they enjoy doing that and just wanna try to see if what happen on their balance on the span of a year. Maybe next to that they could able to hold for more years and can convince other people decide to hold their coins to.
1229  Economy / Gambling discussion / Re: Answer this Question on Credits Left on a Slot Machine by Someone Else on: October 02, 2023, 06:04:46 AM
There is a general rule in land based casinos that a gambler shouldn't take credits left on a slot machine by someone else. Basically, from what I understand, if there is still credit showing on a slot machine. Don't cash out or add to your money you put into the machine. Right? The question is if you find a cash out voucher resting on the machine itself or on the seat, can you legally use it?

To avoid getting to much pressure regarding on this thoughts much better if you don't use it since who know that people just forget the balance left on the machine. So to avoid being misinterpreted by other people just call the casino worker and told them about the situation so maybe they can reset the machine and you can start playing with your own clean balance. Although that's other peoples negligence but we shouldn't take advantage on that so we can play with clean conscience.

Some other people take advantage with that but don't follow what other do especially if you are the type of person which cannot take any hurtful comments come from other people since for sure you might get criticize for taking advantage on such situation.
1230  Other / Beginners & Help / Notification that you should never click on: October 01, 2023, 09:58:49 PM



For so many attempts to hack our wallet and any other platform accounts we should be aware that hackers will do all just to penetrate on our account so sample of this on the image provided and we should never click that since getting compromise or anything that you don't like might happen to us.





We should never get tempted or get curious to know about what random people sent to us on email or to the notifications sent by random apps so that we would not fall into their trap. Newbies are the targets of this frauds so they should remember than anything random offer is shady especially if they give huge money or bonus so start to doubt on what you read especially if you didn't participate on anything and most important of all don't download any random apps since you would provably receive a lot of this notifications.


1231  Economy / Gambling / Re: MoneyPot - Crash with the lowest house edge on: October 01, 2023, 11:26:26 AM
Anyway, is there any on going promotion on the site except the free 20k satoshi? Something like wagering contest or other competitions?
There are no competitions or bonuses on MoneyPot now. OP has a different view about the bonuses. And they think that actual gambler play the games without focusing on the bonuses. MoneyPot 'investors profit' is still in negative direction. They won't be able to generate revenue like the other crash gambling sites as they have a lower house edge. Giving bonuses to users and running some contests could be costly for them. I think they will bring some promo or contest if there is a high demand from the regular players.

Well maybe they had bad experience regarding on giving promotions to their players but they should consider to give another shot since most of reputable casinos are having their own promos and if they will not compete them then they might get dominated by other big casinos. Signature campaign alone can't help to increase their traffic this is just alternative way to introduce their casino and other running promotions can make gamblers think about stay then try to compete with other players.

But its there choice maybe they have enough statistics and reason why they have no current competition so lets just see if in future if they would open something great that can catch the attentions of another set of gamblers here.
1232  Economy / Gambling / Re: Duelbits.com | Casino & Sportsbook | VIP | Instant withdrawals!|ARGENTINA & AVFC on: October 01, 2023, 09:38:33 AM
Hi all. I was withdrawn my funds exactly a week later. And there was no answer from them
Be patient. This might be frustrating on your side but that's what you can do now. If everything is settled for sure you'll get your money. They just need time to verify and get an update on their compliance team (as what they told you on your conversation with them).

I'm a long time gambler of Duelbits so I can attest that they're trustworthy. Thus be patient and I hope your issue will get resolved.

I don't know if support works on weekends so my this add some delays on fixing up these issue so best to extend his patience since for sure this issue will be solved by their management soon. We know its frustrating but this scenarios happen sometimes that's why we need be cooperative once they have something to ask regarding on this case so that it can help them solve the issue more faster. Also duelbits is reputable casino so we don't need to worry about if issues occur since for sure they can help their gamblers solve those issues they are facing.

For now maybe try to ask some updates on weekdays since for sure they working and can solve those pending issues that occur to their site.
1233  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin be accepted as a dominant currency in the future? on: October 01, 2023, 07:32:39 AM
It is captivating for us all to witness the evolution of a DDC (decentralized digital currency) that has the ability and potential to change the financial world forever but there is a question that needs to be tabled properly for the purpose of awareness and well preparedness for the future and that is "is it possible for BTC to be accepted and adopted as a dominant currency in the nearest future".

We have all watched how both small scale and large scale businesses have started to accept the idea of bitcoin as a form of payment for good and services. Now the big major companies these days like TESLA for example are making big transactions with bitcoin making btc look viable and acceptable for exchange even in the future and we all know that this is only possible because they find it more easy and secure for their digital transactions with low transaction fee compared to the normal bank transaction system. But then how can we ignore that bitcoins journey towards being dominant means of transactions Is faced with challenges such as concern on price volatility. That aside several countries are still trying to steer how to regulate the cryptocurrencies and these actions can crucially impact the value/utility of BTC, well this is what i think.🤷‍♀️
What is your opinion on this topic?

No one can say accurate answer here since bitcoin adoption will always depend on the decision of government around the world. If they can see something beneficial upon their acceptance on bitcoin maybe there's little chances that it will happen. But we also need to consider that they have their own fiat and for sure they will not set aside that since this is can be called as their identity. Maybe bitcoin might became their second or third option currency to be used but I don't really convince for now that it can be a dominant currency on global market. Let's just enjoy the benefits of bitcoin as of the moment and for now lets set not prioritize those unrealistic thinking since it will just add up some stress to us debating on any unsure conditions.
1234  Economy / Gambling discussion / Re: Sometimes just flex it ( luck is all you need) on: September 30, 2023, 01:47:36 PM
Flexing is one way to motivate not only yourself but other people as well that with gambling, everything is still possible, be it making you a winner or a loser at some point. But one piece of advice, never put too serious efforts in gambling knowing how unpredictable the outcome of every game. Yes there's always possibility to win but the higher chances of losing is even greater.
Acquainted with the system doesn't mean one is excluded from the lists of losing, no one is exceptional because the system have been designated to generate more money from gambler's pocket especially from gambling addicts who seeks profits every single time they're in the space of gambling. Take my advise, gambling will never make one to be richer if a gambler persists on wagering on games because he's keen on generating a fortune from an unreliable source. I can not lay my trust in gambling because it have really dealt with me in the past years and I've learnt my lessons. We know the basis of gambling, which are of two sides, either ending on profits or loss side.

Some say that casino will just take the money out of the gamblers pocket since they have huge advantage to win on the game. But we also need to consider that gamblers would not lose if they have proper control of every activity they do on a casino since if they extend for long hours betting for sure they will end up losing since they didn't have proper plan on when to quit and accumulate their profits.

House will not always win to us if we just know how to settle things and avoiding to became more greedy since wanting for more is one of the biggest reason why gamblers lose. We should know that lucky times will not last for a day so if we are winning already we should try to go out and enjoy our winnings.
1235  Economy / Gambling / Re: Casinos not asking for KYC to register and play, but do require it to withdraw on: September 30, 2023, 09:54:20 AM
Most casinos these days that are operating under a license would ask for KYC verification at some point and they don't mention anything about it beforehand, though they will have it in their terms and conditions and most gamblers don't really read the terms and conditions unless they get in trouble.
I think all of them are telling that on their t & c and it's just that we're not reading it. And we get surprised when we gamble and not expecting to get kyced.
But then, when it comes, that becomes shocking as if that they will never ask that but in fact that it's on their t & c. We just ignored it even if the possibility was there.
Guy to read terms and conditions is not easy because the articles are always very long though it is very much important to read before gambling and doing anything in the site but because of the length of the article many gamblers didn't read before entering the casino site and deposit and start to play games and when they win and want to withdraw, they will be asked to provide the KYC and in that process many were asked to go back and read the T/C.
Yeah, they're long but get to those important points about the details for kyc. But what happens is we do get there when something happens.
We go back to the long articles and message about the t & c and then we read the actual part that we need to read.
I guess that's how the process for most gamblers when a sudden kyc is being done for the gamblers that are about to withdraw.

This is their excuse because they want to have a reason for user to do that since they want to try those users to default on their request since they don't want to provide their KYC on that casinos. That's why at first we should read the TOS to prepare for some possible trouble in future since there are casinos lies that they don't require their users to submit their KYC but later on they ask that since they make an excuse that they found a suspicious activity happened on their account. That's why at this moment I don't trust those new casino claiming that they don't require KYC since we know how it will end up in long run playing at their casino. Better to choose reputable casino when submitting this KYC details since its better to be safe than getting compromised by scam casino asking or collecting peoples personal details.
1236  Other / Beginners & Help / Re: Avoiding Faucets and Airdrop Scams on: September 30, 2023, 08:15:50 AM
It is worth creating awareness about it, chase airdrops and faucet is quite cool but when doing so, is very important you have a special wallet for it, not a wallet that contains your assets, I chase airdrops, but I have a special wallet for it, I do so because the rate at which scammers are hovering around in the cryptocurrency industry is much, you just have to be safe, since the wallet is empty, you have nothing to lose if they aren't legit.

For Faucet scam awareness maybe its not really worth to create a awareness since there's few people spend some time on that sites, since many know that its not really worth it and the possible payments they can only get for participating is just a few cents. But for airdrops? I think all warning posted is so important since this is famous activities used by scammers and now some of those scammers used the wallet connecting to their platform scheme and this is how they stole the money of their victims.

This is good refresher since I still see so many people doing some risky behavior on joining airdrops so hopefully they can read a bad incident happen to other user and learn from the mistake they have don so that there's no money from their end will get affected.
1237  Economy / Gambling discussion / Re: New ID requirements for Gamblers in Australia on: September 30, 2023, 07:03:28 AM
A few days ago i shared a news where Australia will ban Gambling through credit cards, now it seems that they are moving another step ahead in this and now Australia Introduces New ID Requirements for Online Gamblers

The general purpose for this is to reduce gambling in Australia but they will make excuses that this is done to overcome underage gambling etc.
Quote
The measure would mitigate certain problems such as underage gambling or gambling harm, Responsible Wagering Australia says

Although most casinos ask for KYC, yet minors still gamble on their elders ' IDs (Elder brother or father). I wonder by introducing this ID verification what special Australia is looking to achieve from it?  


They cannot stop that what you said is really happening there. Maybe they should pass a law penalize those adult individual help those minors to gamble. Maybe with this they can really reduce the cases of minors doing such activities. If they didn't put some penalty maybe the case became different since for sure with having this no adults will help young people for that situation since they are the one will get chased by authorities if they found out such activities exist on their homes. Casino KYC implementation is doing good to combat any illegal activities and for sure for knowing that exist on a casino this abusers or minors will think twice if they continue their illegal act there or just avoid and seek for another casino.
1238  Economy / Gambling / Re: Empire.io | Free Payouts, VPN-Friendly, No Upfront KYC & 1 BTC bonus! on: September 29, 2023, 02:55:02 PM
Hello Empire.io, nice to see you here in the forum and I can understand that people have given you nice welcome to the forum.
I need clarification on something bothering on KYC. I can see that in the early pages of this thread, you said "Relaxed KYC" and it seems you renamed it to "No Upfront KYC". I do not wish to dive into relaxed KYC because there is nothing like that. What do you mean no up front KYC. Does it mean that I can be playing without completing KYC, but when u win a substantial amount, I will compulsorily need to complete KYC?  Sorry, I am a bit late to this.

Most provably it means that they will not require you to submit a KYC details upon signup if I'm not wrong regarding on my interpretation about what written on the title of this thread. If that is true then provably in future there's chance that they would ask this to their gamblers, this might start a confusion since not everyone is fine to be asked to submit their KYC once they request a huge withdrawal on certain casino. So best to be transparent about KYC and tell to it to the people that they required this because this is what ask by legal authorities. For sure many will understand and might they will like it since many gamblers now want to play on a trusted casino and being upfront on things needed especially the KYC  will make them aware about such implemented rule on a casino.
 
1239  Economy / Gambling / Re: 1XBIT.COM ᐉ 7 BTC WB ᐉ Altcoin Betting ᐉ no KYC ᕗ Instant payouts on: September 29, 2023, 01:28:58 PM
Any player who still depends on ratings from trustpilot will eventually be fooled at the end of the day, I personally stopped depending on ratings from trustpilot a long time ago as I believe 90 percent of ratings on that site is bought or influenced my some give away or bonuses,  forums like this are the best places and ways to discover and find genuine review of gambling casinos, I personally have leant to depend on this forum , and sometimes , some outside sources that are trusted, but trustpilot, has become a business rather than a genuine place to trust for genuine trust score of businesses and services.
Feedback/ratings on Trustpilot can be manipulated. So, there is a chance to manipulate feedback of any site/service. In this case, it is very difficult to understand which can be manipulated and which can't be. And it is too difficult to understand which are real and which are not. As a result, the users can be losers. I never rely on any feedback for gambling. For gambling I depends on the forum.
but knowing how worst case this casino is? im sure review site can change what people knew about this scammers.
and as we all keeps bumping this thread and their victims spreading about their experiences? I know that there are only few that still falling into this trap, and yes there are still lot of advertising they are promoting and many platforms , but the truth shall prevail and they operation one day will ends.
There's alot of shady promotion and marketing done by the casino in order to lure more new gamblers onto their platform. Therefore, don't be sure there are few people still falling into their trap especially when Blockchair is still among the cryptocurrency platforms that will advertise while they were also able to buy the soul of some gambling reviewing websites.
I also see this same problem because those casinos are willing to spend tons of money just to make their name clean and gather more and more victims.
and you are also correct that they are buying those cheat reviews and conniving with them to make more and more money out of their victims.
I don't know how much are the agreement  but looking to all those claims here and outside this thread?
I know that we are talking millions of dollars here.

Even if they spend a lot of money here still many gamblers in this forum are totally convince that 1xbit will never bring any good experience to them and they are done already with this casino that's why their management already decide not to bother fixing their reputation here anymore. This is maybe the reason why they decide to market outside since from there they can still possibly lure people to gamble. Compare here that they receive a lot of negative feedbacks.

 If they plan to run a good casino here then maybe even before they fix those problem but they let those issues exist and now they feel the angry sentiments of people and warn other newbie about not good to gamble in this casino.
1240  Economy / Trading Discussion / Re: Trading can ruin you on: September 29, 2023, 09:41:35 AM
Trading is most times profitable and sometimes challenging to traders, but it can ruin you just as gambling if you don't know how before venturing into it,  I have had a handful of terrible experience while trading and I discovered that it can return you to square one in terms of your finances if precautions is not taken.
Trading will be terrible for a person who doesn't have good contentment in life and always think about huge profit in line. If you always aware about huge risk then think about securing a profit when your trades became bullish then you will be fine with that. Since you might doing a bad trade if you still insist and look for more bigger profit since we know how the market moves fast than we think.

Though am a better trader now, but I still thred with caution,  the best way for newbie to navigate their way in the market is to buy and hold, then sell when the price goes up.
When it comes to future market, newbie should stay off because it's for experience traders, even if you run a poll of people to tell of their experience in trading in this forum, %80 of people will rule out trading as a no go area based on their terrible experience while trading.

If they want to test out the market by hodling then this might be good for them so that they can see the every situation happening in the market and see the result of what they have done for long term. But only few newbies can able to do this since majority of them are their for fast cash grab and they think that they can easily earn huge money on crypto in more faster way but they don't able to consider the risk and just late to come here to find some good feedbacks about things they execute on their trading sessions.


So newbie, stay of trading futures if you know nothing about technical analysis or fundamental analysis for not to be ruined.

It may be not good to advice for newbie to go on futures trading since the risk to lose is huge their and theirs no coming back if their capital is burned, Maybe they should stick on spot trading for a while to know more about the market technicalities and can able to hold their bought token if bad times happen to them.
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