basically, if investing, then use the reserve money that we have, or the savings that we save with the aim of investing. That's because investment is something that is uncertain in the future. we don't know whether the investment we are currently making is really making us profit, or maybe it can make us lose the value of what we are investing, and this applies to all types of investments.
Maybe there are so many people who dare to take risks by using their principal money to invest, especially in bitcoin. Many of them managed to get hundreds to thousands of percent profit. however, those who take risks without analyzing the situation sometimes fall at heavy losses. So, very many people suggest investing only using reserve money so that when we take risks from the investments we make, we don't really feel a loss or it doesn't have an effect on our main things.
This is a very accurate information because many people prefer to use their savings or existing money instead of using money they do not actually need when investing. This naturally causes the investment risk to increase more because no-one knows that their investments will provide a return in the short, medium or long term. Naturally, investments that have not provided any return or have put their investors in a loss have to be spoiled if money is needed with a negative return or no return. Although risk is necessary for investing, unfortunately, this potential risk ratio increases even more unless proper capital control is provided. Regrets do always come in the end and this is something that we must avoid on tolerating for it to happen since we know that there's no such thing about assurance on getting positive results on every investment that you would made and this is why you should really make use of those money which are really that your extra or something that you dont bother on the time that you would be losing it but of course you would really be doing your best for you to minimize such chances or risks. |
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Apart from the above said, I have seen exchanges that failed honorably. Before the closed down, they informed their customers and give them a certain duration of time to withdraw their funds. If smaller exchanges can do this, how about Binance? If means that even of Binance want to close operation in a certain country, they will give notice to the people to withdraw their coins, nothing to bother or panic about. Of course - this is part of how they keep investors safe. Binance will probably do so if they are sued for discontinuing US services - so there will definitely be time to go public and require all of its customers to withdraw funds to their respective wallets. Binance did the same when they removed some altcoin from their listing - so time was given to customers to move their assets elsewhere. I'm sure Binane will - just don't trust them 100%. They had been on this market for a while now and issues and challenges like this is somewhat that had been anticipated by CZ or the team itself.They are running a business and having back up plans is something that always next in line or automatically be considered that they are already that advanced on what they should gonna do. They do know on how to handle themselves on situations like this specially if legal actions and decisions would kick in. Whats next on this market? We dont know on what would happen and it would be entirely be depending on how Binance would be solving out with these current issues. Sure thing on here that whatever the decisions then it would really be making out some significant impact here on this market.This is why for us traders or investors then we should really act out basing on what we are really that seeing or experience. Use up our common sense and would act out accordingly on which we do seem that it would really be something that benefits us. |
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~snip~dominating in the market but come in mind that we do have BEP20 which is on binance chain which fees are way too cheap but surprisingly there are still having that huge demand on most tokens sitting on erc20.
Yes, its been a main problem on erc20 on having that huge gas fees on transferring token and this is why most of shit coins or meme coins being created is mostly on binance chain.
You would eventually be able to see and compare it out specially on checking out those DEXe's. Making up some small amount transactions is never been that worth
on which it would really be just that eaten by the gas fees and this is why there are lots of people who had been hating up on making tx on eth chain.
BEP20 is also quite cheap but try to use the MATIC (POLYGON) chain, it will be cheaper and even very cheap. I quite often use the MATIC chain for some trading on Dex or to make withdrawals from some exchanges or do arbitration using the cheaper MATIC chain. Besides that, chains like TRX can also be another option for cheaper withdrawals compared to having to use an ERC20 chain, which we already know will be very expensive. only in certain cases I use ERC20. You know most of the coin didn’t deployed in Matic chain so it’s a main problem we can't use it and missed this opportunity. But i see now there are so many coins implemented in BSC network, so this is alternative way to sell tokens with low gas fees instead of ETH Network.Same thing in Tron network, a very few coins are deployed, so there are no way to use it without USDT Tether. But you still have to pay a fee for using the bridge from ETH to BSC. Perhaps this approach is beneficial for large volumes, but for small amounts, such a fee simply kills. Using up instant exchange or swap sites neither would really be that convenient or not but of course when it comes to fees then you should really be that wary about on how much of the amount they would be slicing up on the overall amount that you are tending to sent out. It would really be that understandable that they would really be taking up some slice which its never been that new and this is how these services do make out some revenue too but most of the time it would really be majority be using up the recommended network fees in between chains. This is why it would really be better on making some withdrawals manually but there are really that exchangers which do really charged up more + with the casual network fees which would really be making the burden more heavier but if you are filthy rich then these things wont really be an issue. |
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Looking at the current market situation it seems that the price of $ 80k will be difficult to achieve this year, the number of FUDs and negative issues about crypto makes many investors panic so that it creates pressure on the market, we can see that the price of bitcoin has continued to decline since it reached its highest price in last march.
That affects the market, with fuds and those weak holders who are selling their holdings, even it attempts to move up still the pressure to dump down continue to pull the price back, it's a tough one to see whether the price will pump up to that price, but we know that there's always surprises and and we might see a quick spark and start the massive pump or the other side around. It's your own understanding that might let you pick whether to keep buying and holding and wait for the price to pump high. Before moving on to current Bitcoin price predictions it is necessary to look at the performance of Bitcoin price in the last year. After the ATH around $69k in November 2021, Bitcoin which had a continuous decline, was again traded at levels below $ 20k as a result of the FTX crisis. After the last year of declines, Bitcoin price is trading below significant levels. Visiting $15k at the end of 2022. Bitcoin price showed a remarkable recovery at the beginning of 2023 but could not go beyond the $30k region. Actually the main issue when the bear market will end and when the bottom level will be seen. As the bottom level, 12k dollars can be in the 13k dollars region. Of course that's a guess. It is necessary to evaluate this decline in Bitcoin and the bear market together with macroeconomic conditions in general. Inflation, Fed rate hikes, Russia-Ukraine war and other factors. The improvement of these factors will also have a positive effect on the Bitcoin price. I think that a remarkable rally in Bitcoin will start with the 2024 halving. $80k levels in 2023 could be a miracle for Bitcoin. Talking about price movement generally then this is something that we can really say that its never been predictable in the first place. Trying to look about the waves of this market on which it does really move on random ways. We could make out some technical analysis and same goes with fundamentals but still the price moves on the opposite side of things on which it would really be just that normal that lots of people or investors would really be liquidated specially to those who do made out whether short or long positions. $80k for this year? Come to mind that we do even have a hard time on breaking that 30k barrier. Come to mind about how about breaking 40k or even 50k? This isnt something that we could be able to break those ceilings so easily. We would really be needing that sentiment which would really be that on extreme bullish manner before we could be able to attain these numbers. |
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To be honest, it's not easy for me to quit gambling. But I gamble only for fun. So I gamble for some adrenaline and some dopamine. I am sure that one day I will definitely not lose control if I win a lot of money while gambling. Because I know why I gamble. If a person manages to control himself, it is okay for him to go back to gambling, even if he wins or loses money from gambling. I don't think it's about luck. I think it's a matter of willpower. We cannot control our luck. But we can control our willpower.
Gambling is a deadly addiction, but it is not for everyone. Gambling is a deadly addiction for those who cannot control themselves while gambling. There are some people. People who gamble often lose control of their money.I think it's fine if you gamble in your free time. But if you choose gambling as a way of income, it can be a big disadvantage for you. My question is almost every body in the gambling world today knows this particular fact about this habit and its high rate of getting addicted to it but many people still fall victims to this why?. Gambling is a very tricky act that leads people to doing crazy thing but thats only if you see as a means of always doubling your money but the hard fact is that no gambler ever goes to gamble expecting to lose. For many reasons there are still too many who are victims of gambling addiction and what is more certain is the increasing number of gamblers or many novice gamblers who enter the world of gambling with the wrong thought of gambling as a place to multiply and end up addicted.
Actually it's not that complicated but people feel this problem is too complicated.
In fact, if we can always control ourselves to control our emotions to avoid increasing the number of bets and chasing defeats, we will definitely avoid gambling addiction.
If they already have strong self-control, it is very easy to stop gambling whenever they want. If there were no addicts, then we wont really be seeing this industry would really be bloating out like crazy or simply that they are really that generating so much revenue on year to year basis on which means that there are lots of gamblers who are really that serious on spending up their money on gambling and this had been continuing year by year. Its quite evident that there's really an extreme demand for gambling which it is really that showing about the numbers of casinos which do launches every now and then which is something that really that normal for us to day that there's really a progress and this one would continue all over the years. Quitting gambling on the time that you are already that get addicted into it is really that hard. It might that sound simple to say into other people or to those who had been affected but honestly its not something that could really be that easily quit until you would really be losing up everything. |
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It should be understood that risk management is a very difficult task. From my own experience I can say that it is difficult to pick up and learn. This usually takes quite a bit of time and effort.
No matter how much time and effort it takes or how difficult it is, one must learn risk management to be a successful trader because there can be good trades and there can be bad trades, when a trade goes well, that is all well, but when a trade goes bad, that is where risk management techniques come handy and can save you from suffering from extreme losses. Someone who doesn't apply risk management methods to their trades is more likely to lose money than someone who does it, having stop-loss for every trade can always save you from getting liquidated or having your capital stuck in one trade. You would really be learning that risk management along the way if you have none with your current standing or investing behavior on which those losses and errors would really make you realize that you must really be setting out that limit line which is something that you would really be needing on this kind of career. You cant really be having that gambler like kind of behavior on where you do go all in with your buying or selling positions on which it would really be just resulting into devastation. Risk management is really that very crucial not only on trading but also in other investments and businesses as well on which you are really that engaging into it. You should really be sensible on doing such stuff because if you dont then losses would really be keeping on piling up. |
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When you buy the car with the loan,it’s not a good idea.You have to learn the value of money and earn the money to buy a new car.If you buy car with loan,it’s not a like one.You will lose the good value of the money,it kill make you to get some more loan to pay the interest of the car.When you buy car with full settlement,you can do save of money which was spend as the unwanted interest due to the bad loan.Create your own paradise with your own earned money to buy the car to the Palace.
There are lots of people who are really that buying tons of possible things end up on being liabilities rather than on going on investment or simply with assets on which they would really be just realizing things then they do really come into a point on which they shouldnt be having making such decision but instead they would really be focusing more on investing and making out some business. Its not bad to have a car or some things that we do really like or want to buy but in the sense that you are already just focusing into that point then we should really be avoiding it. Speaking about debts then there are indeed good and bad ones on which the bad ones would be pertaining into those car loans and mortgages which it doesnt really give out any income or source and the good ones are to those amounts which its been applied on a business or simply that could generate income. |
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Hello everyone, i just want to share my thought here as a newbie, i bought my first bitcoin two weeks back, after spending the first month studying and reading everything as relate to Bitcoin, the time spent on learning and gathering knowledge have started to pay off for me during this period were the price of bitcoin have nosedive greatly.
Let me explain what i mean in details.
First before i bought my first bitcoin, i first of all build a good understand of the market and how bitcoin volatility works, and also learned about the effect of external forces in determining the price of Bitcoin such as exchange crisis and other governmental policies that can have short time effect on bitcoin.
Secondly i have learned never to panic during any crisis time or when the bitcoin price drop significantly because in the near future it will increase in value again, and also to hold an amount i can afford to look away from for a long time.
This and many more is the reason behind my current confidence in Bitcoin's ability never to let me lose if I hold for a long time.
Indeed knowledge is power, because knowledge can save you when money failed, because knowledge failure is a lifetime problem but money failure in terms of investment is temporally and if I wait I will soon be in profit again very soon, that is what past records have shown and proven.
For a noob then its unlikely that someone could easily make out those kind of controls when it comes into their holdings on which it would usually be that totally opposite because or due to lack of experience towards the market. If someone do manages himself not to be bothered with market volatility despite of being a noob then its really that a good behavior to have and not all would really be having that kind of control specially on dealing up with something that they havent been able to encounter before. There are even those old or veterans who do still feel up the panic or anxiety or being worrisome on the time that the market would be making out some correction. Well, its not shocking since we are just humans which is really that prone with those impulsive approach and reactions which is something that it is really that common. |
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You do not actually need to stop gambling since it's just for fun and entertainment for most people you could still occasionally gamble have bets etc, then maybe win or lose what so ever it wasn't really bad to gamble sometimes, you just need to put a limitation on it know when to stop, also have the discipline that you need in order to gamble responsibly.
In my opinion, it was just a matter of commitment, you could easily overpower your addict if you really want to, I just think that this addict let themself become a gambling addict, or should I say they were just greedy for winning and putting every time on luck gambling all of their money just to win. If you really want to get or have money if gambling really the way? It is not the way, right? this is just for lazy people, Players don't really see gambling as a way or shortcut to getting rich or a source of income.
Not every gambler can handle rejection and losses, some gamblers actually need to be stopped or stop on their own, I hope you know that when they say gambling is a probability of certainty, despite when some people used to win plenty of times and losses few, there are gamblers on the other end that win few and loss many, there is no how these people wouldn't be mad at some point if they continue playing with the hope that they will make it back some days, there are some players that can even go mad and do something extraordinary just as we have seen on this board of 22 years old student that committed suicide. Very much agree with you, and by the way, committing suicide is not an extraordinary something, but a crazy thing to do, like I've always said, stopping gambling is easy if only the gambler is not addicted, for those who are already hooked, it is just as you have said, they either need to stop themselves, or need to be stopped, but unfortunately, I've discovered that most gambling addicts are introverts find it had to relate with the outside world, for such kind of people, it is hard to know what they are going through and how to help them, except you are really close to such a person. A gambler must make loses, that is a sure thing, and sometimes, such loses might be extreme, and this is why we are always advised to only gamble with as much as we can afford to loose, if only will learn to always keep to this rule, there wouldn't be any problems, and even if there was, it wouldn't be much. Crazy thing indeed knowing that in every problem does have that kind of solution on which taking up some suicide is never been that ideal.It is really just that there are people who arent really that good when it comes to decision making but rather they would really be tolerating their addiction towards gambling which is something that needs to be avoided in the first place. Gambling is for fun and its really just that normal that you would really be spending money into it and dont consider that you would really be winning money on the time that you would really be dealing with it. |
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This ain't the first time, and won't be the last time. We just need to accept the fact that it is going to be like this for a good while and we will end up with a good and thoughtful period that needs to be considered as a big deal. I know that bloodsheds are unavoidable, so why not turn them into your benefit? If you know for a fact that bitcoin does go up and recover time to time, and you know that there are bloodsheds that crash the price, best thing to do is sell at the top and buy at the bottom.
It's not really that hard, sell when it's 5x higher, buy when it's 70% down, that's it, doesn't need to be all of a sudden, just check the bottom and see the increase from the bottom, and check the peak and calculate the decrease from there, you will do quite well if you kept following this.
Movement or price volatility would always be a part of it and its true that theres no last time or end to it on which means that the price would be always that volatile.On a market we do really have that that moving upwards and downwards when it comes to price and as said that we cant really be just seeing green candles most of the time on which means that if there's a pump then there's really a dump or a market correction. For those who do have experience within this market would really be definitely know on how to deal up with this space and instead on freaking out. It would be ideal that you should really know on how to distinguish in between opportunity and the best time to hold. You would soon be able to acquire up these skills on the time that you had able to gain up the experience on dealing with this market. |
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Demo accounts are only good for those who want to be familiar with how the market trading works. And once you have gained knowledge and familiarity about it, then start taking risk in real trading. That will expose you on how it really works, and let you experience losses and small wins. So demo accounts are just for starters, but it will never be too enough if you are aiming to be a good and successful trader.
1. Familiarization of terms and other tools 2. Knowing about market behavior 3. Backtesting several methods or strategies But the only thing that lacks on this one is - Emotion and risks handling. We know that on a demo account on which it doesnt really involved real money on which the sense of having that meticulous approach when you do make out a position isnt really there. You do know in your mind that you cant lose nothing which means that you would really be having that kind of carelessness when it comes to positioning since you arent gambling or risking on something. |
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Can't really say meme coins have a future, but as long memes still exist and there would be an infinite amount of "ideas" for those meme coins to use for their own projects. Sure, old meme coins will be abandoned because the hype is over but still there will be the next meme coins who goes viral and trend for following the hype train and there will be another PEPE or other meme coins for next session.
Meme coins will always have its moment and the cycle will continue like that.
Yes, specially Dogecoin and lots of people been missing out on buying while its still cheap until it had been hyped and do make out some huge leap into its price wayback. It is really that actually so cheap back in the days on which before it been hyped out or before Elon dives in. We can really say that it is really just good for the sake of gambling games or other means since its actual utility would really be playing on this kind of field but now due to that current hyping of meme coins then the market had been flooded out once again with meme coins. We cant really tell nor dictate on what would be the future whether we would really be talking about L1 or meme coins because it would all fall down into that thing called recognition and adoption in the end. |
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Is There A Time That You Calculated All Your loses In One Year One Online and Offline
This is the most depressing thing to do, you'll be surprised at the amount, I did this 4 years ago on offline number betting and Lottery I kept all the tickets I sometimes win 3rd and 4th prizes but every time I won consolation I increase my tickets I consider this a sign that I will hit the jackpot soon but unfortunately it never happens.
When I count all my losses on numbers and the lottery it's enough to buy a small parcel of a lot and build a bungalow type and we're just renting a room back then.
Again I did it 3 years ago when I become active in online casinos and the amount is also depressing I could have bought a tricycle that I can use for a living.
So I stopped counting my losses and just minimize my betting I just tried to be happy on the thought that I have good times betting and I enjoy the thrill.
I can easily do that because I just put a certain amount of money every single month, and I do not wager more than that. I can't really say if I lost it all, because there were some periods when I won so it is not like it was 100% full on loss, sometimes I got it back. But at the end of the day, I know exactly how much I can lose at maximum per month, and that means same for per year as well. This allows me to feel right, because I spend about half of one months salary on betting for a full year, and I am not even losing all of it neither, so it is better than that. That has been the key to my success for many years now, it has been about 10 years since I started doing it, and ever since I started doing that, it hasn't been all that bad. This is how should people would really be that having these kind of limits when it comes into their spending and not just that having that no limitation kind of spending through gambling. In my case on which i dont really have that kind of behavior on trying to look back on how much i had lost in gambling because it would really just stress me out but i dont really mind or really that getting stressed because i know that the amount that i do spend is the amount that i could really able to lose and not really that spending up my life savings. Gambling isnt really that bad as long you are really that responsible when you do gamble. Each of us whether we do really like gambling or not or something that we do really have a past time or something that we would really be able to be entertained and this is where some people do make out some choices to gamble or other activities on which we do really be able to spend our time. Calculating losses is something that not that important because if you do really look up with those numbers then you might regret it.  |
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How to Equip Yourself with Essential Knowledge to Succeed in the World of Cryptocurrency
Your opening post is on a very interesting and important topic which is also being debated worldwide. In my opinion role of education is vital for shaping up individual's Learning fundamental theoretical principles plays crucial role to understand underlying concepts and enable us to implement them effectively in real life. However, practical on hand Experience is equally important to apply your learning to achieve tangible and realistic results. People say education is not important for your success but they forget this fact that its not all about success education is important for your self growth and grooming it helps you to widen your mindset and thinking and teaches you about different techniques that can be used in different parts of life . So for financial literacy education is extremely important to get the best of everything. Education is very important and there is need for us to get educated because this will help us when we want to join politics so we wouldn't be see as someone that do not go to school. Becoming education do not guarantee our success but we need to know what we are doing so that we don't get wanted for crime. Education makes you are better person though but no doubt there are some educated people who would stab you in your back and would be the worse person you have ever witnessed in your life. Even some educated person are not good people I mean they tend to criticize lower than them which is really bad but again other people has no morale to others which I dont know why but education really teaches all aspects in our life except how to start a business or earn money in real life as we just taught to have a 8-5pm job and repeat the cycle because thats what they teaches. When it comes to financially they are really into savings which teach us how to save , manage and somewhat how do we spend it. Telling those things just to make other peoples lives to obtain up their goals or targets in life? Yes, possibly but everything would really be depending on how someone they would really be able to sail up with their own lives which is of course it would be basing and depending up on the decisions that they have done along the way. There's always a fine line about peoples personality + their knowledge into certain things on which it is true that criticisms and belittling others is really that very common on which it would really be just that something could be seen. Whereas on come to think that there are people which are better than them on various knowledge or things that they havent known it yet despite on having that broad knowledge of everything but we know that everything does have its limitation and there are things in this world which its really limited into a certain individual and this is why you would really be still look likes a baby on the time that someone introduced it to you. |
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I will mention some things for everyone which is very important and based on your suggestions I will suggest my friend to invest on Bitcoin or prohibit not to invest on Bitcoin.
We were some friends passed higher secondary in 2019, among them one of my close friend who is in govt job but he is not into Bitcoin even he has no idea about this forum.
An important thing to tell you is that in the country we live in, all types of cryptocurrencies including Bitcoin are officially banned and anyone involved in illegal transactions is subject to severe penalties.
As my friend works in government job and gets a good amount of salary with various bonuses and allowances at the end of the month and has quite a good amount of money left over after expenses. When I gave a positive idea about the present and future of Bitcoin, the friend showed great interest in Bitcoin and expressed interest that he would invest a certain part of his salary in Bitcoin at the end of the month.
But when the friend's father found out about this, he forbade him to invest in bitcoins and later predicted that he would be banned by the government and that he would have problems with his job. Yes but it is true that there is a possibility of loss if the government staff comes to know about this investment during government office.
But my friend is not listening and instead he will invest on Bitcoin. I don't know what kind of suggestion I should make to my friend in such a situation. Should I ask my friend to invest in Bitcoin? Or ask to pay more attention to his job?
If your friend does shows up some interest on Bitcoin but you dont want on getting blamed then its better to tell him that it would really be just depending or according into him whether he would involved or not because you dont want to get blamed if he would be able to lost up his govt job which makes their life better.Its true that it is really that truly a risk on dealing up with something which you do know that it could really mess up your life specially if its banned or prohibited. Then it would really be just that right that you would really be having hindrance or having second thoughts on whether you should proceed or not. Thing here is that you shouldnt really be making out some guarantees about success or whatsoever because this would really be in resulting into those bad impressions on which it is something needs to be stopped while its still early. You wouldnt really be risking your friendship but also you would really be risking yourself on getting blamed if you do make out those assurances. |
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when a person promises not to play on certain days and then keeps breaking the promise and keeps playing then that person is going through a serious psychological problem, which is called gambling addiction, that person is dependent on gambling and after breaking what he promised, that person starts to have regrets, this is the serious stage of the addiction, in my case, when I say that I won't play for months I don't play, I only place bets on certain days like weekends in two games or in rare cases more than 2 games because I place in a multibet bet
I also always give bets breaks, something like I go 1 or 2 or 3 months without making sports bets, I also adopt the system of only placing bets on weekends and in a few games, I do this to have self-control because gambling it is something that easily makes people addicted, and when a person is addicted and does not recognize early on that he is sick and needs help, that person will only get help when he is already at the bottom and with little chance of healing. that's why I advise people to stick to planned dates so they don't play, and it's important to have self-control so they don't get addicted
You would be able to find out for yourself whether you are addicted to gambling or just playing it casually or on the time that you do seek out for leisure and entertainment.This is everything would really be depending or basing up on your own self control because not all people would really be that good on controlling themselves on which this is the main reason on why people do really keeps on coming back despite on telling into themselves that they would be needing some break. This do really signifies that you are addicted to gambling and this is something that really needs to be controlled on. Its not really that bad to gamble out as long you do make yourself that responsible when it comes to your actions. We know that when it comes to gambling then money would really be spent out and there's no way that you could really be able to avoid on losing.This is why it would be always important on having that kind of discipline and control when it regards to your money or finances on which you shouldnt really be breaking up those limits or boundaries because if you do then this is where problem do start. |
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--- I'm wondering, who among those who have traded there will go there again? Or maybe they'll lure in some kind of gifts or something like that? What are they counting on, some newcomers to the trade or stubborn hamsters? Will FTX 2.0 restart in Q3 or Q4 2023? even though some time ago I read the news about FTX 2.0, it was mentioned that they will restart their exchange in Q3 2024 not 2023, that's why I'm really surprised by this news, If indeed the news will really happen then let's not forget FTT, SRM, and SOL, I'm sure Pump will happen. 2023 or 2024? It doesnt matter! People wouldn't really be that dumb enough for them to make use of this exchange which does have that worst history and now they are trying out to make some comeback? I did actually laugh on that stubborn hamster above which it is actually true that there would be those people who would really still using this platform whether those newbie or really old time users. Dont know on whats their thinking about such comeback and still making or having that trust towards them. SOL pumping? Its no brainer knowing that FTX been holding that huge chunks. |
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If the price does not move there is no way people will make money investing or trading a token if the price do not move. Volatility is good if it moves in your direction (long or short). I think the most important thing is to be able to spot the bottom and buy when the price is close to the bottom because the price will always go up from that position, it is easy to stop the bottom than the top this is very important for newbies to learn this will help then in the long term rather than FOMOing into already pumped tokens and they end up being a bagholder
If you are a new investor and you are entering the market in a period where the market has been inactive for a long time i would definitely recommend you to use your crypto basket in favor of major coins. This is because people get caught in the FOMO in the stagnant market and sink into the inflated bubble coins. If you are planning to invest for many years, do not try to find the bottom of the price but jump on the train from a reasonable level. It is difficult to predict the bottom in the price and do not blame yourself for this because you cannot predict the bottom even in the stable period. New or old, the best time for you to enter the market is on bearish market on which the prices are really that way too cheap or something not that expensive for you to accumulate rather than on making yourself accumulate when the market is on peak on which you would likely being caught on the peak and you would be ending up on holding for how many years.This is why it would really be that best that you should really make yourself that be wise on taking some entries.Although it wont really be that so simple considering that emotions and mind boggling factors which would really affect you out along the way. Market is really indeed that speculative and if you arent really that mindful towards your actions then you would definitely be having that losses instead of gains and this is why you should really be that careful. Dont take every actions you would made is something having that gambling like approach. |
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Should i sell all token or hold some for better price just like Aptos?
First of all congratulations to be eligible for SUI whitelist as there mostly user were reject as my self too due to late discord joining, according to my personal experience mostly eligible user sell most of Thier token after getting at cheap price before listing , so you should sell your token as soon as possible after listing because due to selling pressure of eligible user mostly price got dump so it will be a best opportunity to sell at top and get profit but if you are really loyal invertor then you should take entry again at lower cheap price after fump by just increase the amount of SUI. There's always that kind of standard thing that when a new coin is really that being listed would definitely be having those pumps which is more that that they had get on that presale or public sale price on which it would be understandable that the best thing to be done is to sell out on the time it gets listed since the price could really shoot up and as far as i remember on SUI on which it did reach out $4-5 as far as i remember, then to those who had able to bought at 0.1-3 are definitely making some huge profits on which this had been the primary target on investing with this phase. As for talking about the speculation of its price. I would be sure that it would be able to surpass its ATH easily.If we do look about its main feature which is on having that peak 300k TPS which is something that first ever who do able to reach out this tps considering that most l1's are sitting on 100k maximum. https://tokeninsight.com/en/news/sui-testnet-has-100-globally-distributed-validators-peak-throughput-of-nearly-300-000-tps |
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Everything used way too much becomes an addiction, whether it's gambling or something else. If you don't know how to limit yourself and only spend a limited time and resources on a specific thing, you will get addicted to it pretty soon without you even realizing it. You will initially feel that it is all fine and you are doing everything under the limit and everything is under control, but that isn't actually the case.
Soon enough, you will realize that you are now totally addicted because even when you try, you can't stay away from that thing, especially if it's gambling, you can barely stop yourself from gambling and that is because you have become addicted already.
Stay put, gambling is never a viable choice for making revenue. I know what I'm saying, the entire process should not be trusted; it's unpredictable, and the odds vary. Despite the fact that both gamblers invest the same amount of capital on the game, the odds for option A gambler differ. Everyone works out a plan to ensure they have a steady source of income, and it astonished me that some considered gambling to be a means of placing food on their table, some are financially stable, while others are not. What matters is the technique used to gamble. Many of those who first get involved in gambling think that gambling is a medium where a gambler can easily earn money. Especially if a sports bettor believes that his favorite bet on a team is sure to win and he will thus have a chance to earn a lot of money. But in reality it is not possible to find similarities there. Because gambling is not a money making machine. But those who will bet there with knowledge and experience, even if they do well in gambling, it will not provide any guarantee of income. Usually this would really be pertaining into those noobs who do really have that kind of initial belief that gambling is the solution of their poverty on which they would be mainly thinking that this might be the way on making themselves rich and this is why on the time that they do gamble then for sure they would really be having that all in kind of approach when it comes to their gambling spending until they would all be busting up in the end and would really be having those realizations that it wasnt really just that right on having this kind of treatment towards gambling because it cant really be that possible .Everything matters with luck and something that should be instill out into their minds on the first place. You would definitely be having that kind of regret which is normal because it do always come at the end and on the time that you do able been slapped by the reality. Gambling is for entertainment and there's no such thing about easy money into it. Risks always there and always make just use of the amount on which you could really afford to lose so that you wouldnt really become that too impulsive. |
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