I think that it is difficult to proclaim what people should do merely based on expectations of BTC price performance, especially if they had been in bitcoin for a longer period of time, then they may well have already set up some practices and/or parameters for selling their BTC, so largely both of us are attempting to respond to a longer-term scenario where kingvirtus09 had presented a somewhat vague scenario in which s/he seemed to be suggesting that a longer term BTC holder might have had sold many or most of his/her BTC during various past BTC price upswings, and I was merely off-setting such proclamation in a way to suggest that there could be scenarios that a longer term BTC holder might just be selling BTC at any price and at various points of BTC price appreciation with ONLY small attention to the extent to whether we might be in a bull market or a bear market, but at the same time, personally, I am with the idea of selling on the way up rather than either selling on the way down or even overly selling BTC with expectations of abilities to be able to buy back.
It is natural that not all investors will hold their investments up front but it is also true that not all investors will sell their investments up front. The market is in a good condition now and in such a condition some investors will sell their investments because they have noticed bad market conditions in the past and they may not be brave enough to hold on to their investments. You can be sure that those who are not brave enough to hold on to their investments now and those who sell their investments now will regret selling their investments at some point. I have a lot of faith in the Bitcoin market and that faith gives me so much courage. To be honest, if the Bitcoin market goes down a lot now, I won't think for a second why I didn't sell my investment because I'm used to it. Since I have developed a confidence in holding my investment deeply and since I am not very excited about market changes, I am sure and confident in myself that I can hold 100% of the investment even in the current market conditions. The Bitcoin market moved around $38K today but from there the market has rebounded to around $36.5K. The market has changed so much in such a short period of time that many may have started thinking that they should have sold their investments at that time. People with such ideas will be more worry free when selling their investments. I think people who overthink their investments should sell their investments because overthinking is harmful to one's health. I will sell my investments at market highs and wait as long as I have to.
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For every new gambler there comes a time when he becomes addicted to gambling. I was first introduced to online gambling when I was in college and since then I gambled little by little to save semester money or pocket money. At one point I felt like I was addicted to gambling because at that time I felt I should be gambling. When I didn't have any money, I used to borrow money from my mother for gambling and so on, but later when I finished college I realized that maybe I was going in the wrong direction, maybe I shouldn't be so addicted to gambling. Since then I tried to recover myself although it took me a long time to recover myself from that place but still I managed to recover myself. Now I gamble but not addicted to the tide but on my own accord. When I want to gamble I gamble, when I don't I don't gamble.
Can you finance your studies with gambling money? sounds good guys. I lost more than I won, that's what made it worse. If I get a lot of wins in gambling it might have a good impact and there is no need to stop gambling. May I know what game you play? Yes, the most important thing in gambling is self-control. If we can do this then we will not get the negative impact of gambling To be honest I have been most successful gambling on cricket and football. I am very fond of sports since childhood and I have watched cricket and club level football matches since childhood due to which I have a good understanding of sports. I bet with a rough idea of which team will play well against which team and which team is stronger at home, which is why I tend to win more on these bets. Gambling I have to play never works like that in my mind when I want to and I bet when I think that I will win if I bet on this match. In football and cricket matches, which opponent is stronger than which opponent and which opponent has the potential to do well in which match, these are some of the things that can be assumed in advance, I bet from that idea.
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With the way the Bitcoin market is growing right now, it is better not to take any risk with Bitcoin. Right now if we lose some amount of BTC from our total BTC or we spend it then it is bad for us because currently Bitcoin shows a lot of hope that Bitcoin will go to a much better level in the future. I will only bet with BTC on matches that I will win and on matches that I have a low chance of winning I won't bet with BTC at all because I don't want to lose BTC at the moment. I have some virtual dollars in stock I am confused whether I should gamble with those virtual dollars or invest those virtual dollars in bitcoins. If I stop betting with Bitcoin then those virtual dollars will be useful for my betting.
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It's hard for me to say how much money I make trading every day because I never calculate how much I made trading today or how much money I lost trading yesterday. On the day when I can make some money by trading, the account is correct but on the day when the trading is not correct and the money is losing, then I just wait for my loss to be recovered. There are both profit and loss in trading, so it is difficult to remember only profit calculation. Not only me but every trader may say this and they may not be able to say how much money they earn each day.
It is difficult for a trader to say exactly how much his daily income is. Most of the traders may not calculate how much their daily income is, but if a certain trader is asked, then if that trader tries to calculate his daily income, it may still be wrong. Because every day is not the same income, every day will not only profit but will lose money by trading. Instead of focusing on how much money we made trading each day, we should focus on how much we can earn each day. We have to think about trading in such a way that losses can be avoided while trading. One day loss and one day profit if we trade like this but we will never understand the profit of trading. Even if the income is relatively low, the amount of income must be continued only then we can reach an accurate figure at the end of the month.
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We pay extra tax on everything we use but paying tax on gambling seems a little surprising to me. I'm already tired of paying extra tax on everything and then again if we have to pay tax on such a risky site like gambling it will be a very bad thing for us. Gambling is already very risky, money can be lost when gambling. Paying taxes from a platform where there is no guarantee of money is really ridiculous. Even if I pay taxes for everything else, at least I'll never pay for gambling. I will turn off gambling if necessary but I am not willing to pay taxes for gambling. Every gambler, not just me, will say that and they certainly don't pay the government taxes for their gambling.
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Today's match for New Zealand is a very important match to qualify for the semi-finals of the World Cup and for Sri Lanka this match is an important match to qualify for the Champions Trophy so both teams are going to play their most important matches of the World Cup.
Prediction for today Match :
Match : Sri Lanka vs New Zealand Toss win: Sri Lanka Team win: New Zealand Best Batsmen: Kane Williamson Best bowler: Dilshan Madushanka
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doubt it is a great idea to fantasize cashing out of all of your BTC, because even if someone were to have had accumulated thousands of BTC in earlier days (let's say 2011 or 2012) for relatively low prices, s/he could still cash out fractions of his/her holdings at various UPpity price points, and still feel quite well and in a good financial and/or psychological place and still perhaps have a lot of his/her BTC stash.. maybe even have 60% or more of the original amounts.. so there really should not be any needs to cash out high portions of a person's BTC stash, especially if s/he had either bought a lot of BTC in earlier days or just had been building up a lot of BTC over time.
If we can hold on to Bitcoin during the bad times of Bitcoin, then why should we be in a rush to sell our Bitcoins now? Now there is no question of selling bitcoins. I think now is the best time to hold bitcoins instead of selling them. For those who think they should sell half a percent or one-third of their total investment, I would say since you have been patient for so long, you should be patient some more because holding this will do an investor a lot of good in the future. I hold bitcoin so deeply I could have sold my investment when bitcoin went to $65k if I wanted to but I'm waiting for better times. I may have felt a little bad when the market fell from $65k to $17k, but my bad feeling didn't work when I comforted myself with the hope of better things to come. I deeply hold my investment and will continue to do so surely this investment will never let me down. All of a sudden the Bitcoin market is from $25000 to $36000 so at this time many people are confused to invest again but at this time I am investing again. Whenever I have money I invest it in Bitcoin instead of spending it on other things and increasing my investment. The market movement seems positive to me although it is uncertain which direction the market will go but I am waiting for a positive change in the market. I will definitely hold my investment deep till the time I plan to hold it deep. No matter how much the price of Bitcoin goes down or up during this period but I will not sell my investment, I will sell my investment at the end of the specified period.
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There's always a says that said "do not wait for what happened to others to happen to you before you start leaning". Meaning you have to learn from what happened to others in order for you not to fall prey any time when such is approaching to you, hence with the experience of other people you can control your habits from what has happened to other people. Any responsible and learned gambler doesn't always want to gamble to get addicted for people around to start noticing they are addictive gamblers.
A professional gambler thinks everything through and then decides to gamble. Gambling is not just about betting on one match to win and betting on losing money. Gambling is all about minimizing mistakes. If there is a mistake in gambling, then the entire money will be lost, so a gambler needs to be very focused on where he needs to gain sufficient knowledge before gambling or where he needs to improve his gambling skills. As you said a gambler should learn from where others have succeeded or failed. If we do not learn from the failures and successes of others, we are less likely to make mistakes in gambling.
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Gambling is never approved by my family so no one in my family knows that I gamble. I am not addicted to gambling so there is no question of me quitting gambling. If I ever had to quit gambling, I might have to quit gambling because of other commitments, but I don't think I would have to quit gambling because of financial problems or anything else. As people in my family do not like gambling, if anyone in the family comes to know that I gamble, there may be pressure from the family not to gamble, but I will continue my gambling without informing my family as much as possible. Another thing is that gambling has never had a bad effect on my life so far, so the day I feel that gambling is having a bad effect on my life, I will quit gambling.
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Aside from the things listed by OP, I just want to add that we should avoid gambling while under the influence of alcohol because many tend to do action even if its not on their plan or strategy and many tend to spend more simply because they can’t control their emotion while under the influence of alcohol. Make sure when you gamble you are in right state of mind and you know what you are doing to avoid any big losses.
Alcohol consumption is a sure cause of death in humans. Alcohol consumption not only kills people but also destroys a family. If the sole earner of the family consumes alcohol and if he suffers from any major disease due to alcohol consumption, it will affect the entire family. If there is one addicted person in a family, the entire family is ruined for that person. If gambling is done properly by a person and if he is not addicted to gambling then gambling will not bring any harm to him and his family but if a person consumes small amount or excessive amount of alcohol but he will get out of that place. Very hard to come by. If someone forgets alcohol by gambling then I would say gambling is good for him. If we want to enjoy a healthy life then we must stay away from alcohol.
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For any beginner, there is no better strategy than HODL, and every time he enters the analogs of the blockfolio application, he will be glad of the green percentages, meaning that the price of bitcoin has increased. But if you want to increase the number of bitcoins in your wallet like I do, then you will be happy with any market movement - because if the price falls, it means you will buy cheap bitcoin soon. And personally, I like this state of affairs much more. And now people who panic at the declining price of bitcoin seem a little ridiculous One of the most important things for a new investor is to first gain adequate understanding of investing. A new investor will be able to make good investment decisions when he gets enough knowledge about investments, and making the right investment decisions is a very important step in investing. After an investor gets enough knowledge about investments, he will understand himself when he should invest and how long he should hold the investment. Before investing, every investor wants to hold his investment deeply but due to market volatility, many investors get frustrated due to which many investors cannot hold their investment for a long time even if they want to. If an investor invests alongside his job, it is easier for him to hold investments deeply and increase the amount invested regularly. Temporary fluctuations in the price of a coin after investing is not much of a concern for a long-term investor. Since his plan is to invest his investment in a long term plan, when the price of a particular coin decreases relatively, the investor can increase his investment amount, which will result in a higher profit from his investment at the end of the specified period. Those who have the ability should invest in long-term planning and increase their investment amount by understanding the opportunity and those who cannot afford to increase their investment after investing should hold the investment deeply.
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Let us discuss in this thread the things one should completely avoid while gambling. Here are some suggestions according to me :
1) Do not gamble in work area : It is not ethical to do so. Your employer is paying you to work for him for certain hours. If you waste these hours for gambling, it is a bad habit.
Being in a workplace means working under someone else and receiving pay in exchange for work. If gambling at work causes distraction at work, then it is a good decision not to gamble at work. Gambling at work is fine for many people, gambling may not affect their work, but for those whose work is affected by gambling, I think they should stay away from gambling at all times, especially when they are working. 2) Do not take loan to gamble: Some young guys are so irresponsible that they take loans to gamble. It is a very bad move and can even produce life threatening conditions in future when loan recover agents knock your door.
Taking on debt is never a good sign. I never take a loan unless I absolutely need it. There is no question of taking loans for gambling where one does not take loans unless absolutely necessary. I have seen many relationships fail because of money. If I took a loan from someone but could not repay the loan on time, then the relationship between the borrower and the lender will not be good at all. Gambling is completely uncertain where money can be lost in a moment so taking a loan for gambling should never be done.
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It is difficult to tell the price of each thing separately but I just want to say that the price of food in our country has doubled from the normal situation at present the same food which used to be bought for 10 dollars but now we have to spend 20 dollars. People have expressed a lot of anger about the increase in commodity prices, but the government has not shown any positive hope to the people. The price of food has increased, the price of daily necessities has increased, the cost of schooling for children has increased, but only a father's salary has not increased. Celery is the same as it used to be, but now the price of only essential items has doubled due to which now it is a war situation with families.
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When I first became interested in sports betting, and also because I gradually got exposed to crypto gambling and participated in various free bet campaigns, I experienced the need to research before placing bets. I believe it's important to first learn about the sport you want to bet on and become familiar with the rules, teams, and players involved, even if it's just the basics. That's how beginners start, and you should also consider their forms and records. Once you get started and gain experience, it becomes a continuous process. Just don't get frustrated if you don't like the outcome because it's part of the game. With every result, you gain knowledge that you can use in your future bets.
Since OP is interested in betting on sports, we have to assume that he has enough interest in sports and has enough knowledge about sports. Football, cricket matches are played regularly so if OP watches football and cricket matches regularly then it is ok for him to bet on sports. Currently the ODI World Cup season is going on though towards the end of this season still OP can bet on various matches from here. OP actually wants to know how he should start first. In the beginning one must have an account in any good quality betting site then if OP wants to conduct his own betting through crypto then he has to deposit virtual dollars or something else in the betting site. After depositing virtual dollars or any other currency, bets must be placed before the start of each match, although bets can be placed until the end of the match in football. OP can bet on the team that OP likes and OP wants to bet on that team.
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I would be honest if I say that I gamble at work from time to time These are short sessions, just like few bets or several minutes of slots. The reason I do it is pretty simple - wallet widget in browser few clicks and deposit is made. I see nothing bad in gambling a little at work, if the work is done or when you have a lunch break. Also I remember that during football, hockey worlds championships, or Olympic games, we place bets among colleagues. Ohh, and I remember we used to have a darts in past between collegues. When you bet at work did that bet affect your work? Perhaps all the bets you placed at work paid off because you were able to focus fully on your work. Our minds are different, we always love to hear something positive and something negative always upsets us. I don't know if this is the case for you, but if I'm working on something and I lose a lot of money betting while doing it, then of course the loss will go to my head and I won't be able to fully focus on the work. From my background I think it is better not to gamble while working. There is sufficient time for betting, after 8 hours of duty a gambler can choose any time during the remaining sixteen hours for his gambling.
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In bitcoin investment a good investors does not invest what they can not afford to lose, I know quite well that any investment is a risk and you have to understand the advantages and disadvantages of investment, so therefore I believe that bitcoin investment maybe risk to the investor when the investor have not make a proper research of the investment, so therefore make a research and understand the output and input of bitcoin investment or any other investment before you can as well venture into the investment, investing what you can not afford to lose in cryptocurrency I think its very bad and you have to know that as investor so that a newbie will not use all it has to invest and if it lose it will be depressed till infinity.
Always consider money as an important thing and never neglect money. Just because you should invest the amount of money you can afford to lose doesn't mean you should invest your money anywhere without a second thought. First you need to know about investing, first you need to be sure if you are investing in a good coin and after that comes the issue of losing money. If you follow such words by investing in a reliable performer then you are doing the right thing. But if you invest in bitcoin and say that losing the amount of money will not affect my life badly, I have invested that amount in this coin, then it will be a stupid thing to say because investing in bitcoin is throwing away money.
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The price of $35k is not too high compared to the possibility that bitcoin could reach above $100k. There is still plenty of time to buy when the price drops but it depends on one's plan. Dip has provided the advantage of buying at low prices but there are still many people who don't want to use it. However, if they are willing to buy with their budget, they can accumulate more bitcoins.
And they will regret it when the price changes to $40k-$50k. They became increasingly desperate when they saw the price go to $60k-$70k because they didn't buy bitcoin.
There are many investors who sit to watch the market at $100,000 but are afraid to invest at $35,000. Before investing, if we think that we will invest if the price goes down, they should have the idea that we are waiting for the price of bitcoin to come down. Those who wait to invest when Bitcoin goes from $35,000 to $45,000 or $50,000 will regret it as much as they did when Bitcoin went from $20,000 to $35,000. Instead of always waiting for opportunities, sometimes you have to create opportunities. The market can move in any direction at any time and if we can't invest then how can we hold that investment for a long period of time. I have invested yes I know the initial stage of investing is a bit difficult but even though it is difficult an investor has to go through that stage. If the investor takes so much time to get past the initial stage, when will he hold the investment and reap the benefits of that investment. Investing in Bitcoin was a good opportunity when it was at $20,000. Now the price of Bitcoin is at $35,000. I think it is also a good opportunity to invest. Those who are planning to hold bitcoin deeply should definitely invest in bitcoin because you won't regret it if the price of bitcoin rises again. Take the risk of investing when Bitcoin is worth $35000 and hold it deep, you'll be proud of yourself at some point, no regrets.
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After making all the preparations for Bitcoin mining, suddenly the price of electricity in our area almost doubled and at that time I did not move forward with the Bitcoin mining plan. At one point I was thinking of starting bitcoin mining using solar panels instead of electricity but winter came and again I couldn't find an area that has sunlight most of the time. Mainly because of these two reasons I haven't started Bitcoin mining yet but I have gathered enough knowledge about mining. If the price of electricity ever drops significantly I may decide to mine again.
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Gambling at work is just nothing but a clear situation of a person, whereby he climbs a pawpaw tree to sit on its branch, if you've gotten another offer as alternative then you can try gambling at the place of work, now i reason to why some workplace go against the use of mobile phones while at work, it causes a lot of distractions and one's mind may not be together with the work when gambling is also taking priority at the same time.
Some private companies do not allow mobile at all during office hours as long as he is in office only he has to do his office work. Thinking that talking on the mobile phone or leisure time can have a bad effect on the work of pressing the mobile phone, the office officials announced a ban on mobile phones in various private companies. A person who gambles on the sidelines of work if he loses gambling but the thought of losing his money is always in his mind, if the thought of losing money is always in his mind but he can never give full attention to his work. So I think as long as we work our main focus should be on work and the free time we can gamble it won't affect our work too badly.
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It is always advised for every investor that you invest as much money as you can afford to lose. This word is very small but its importance is great. By this word a new investor is made aware of investment caution. This is a very important point for every investor. One should always invest with extra money because if the money is ever lost due to investment and if the loss is not recovered in time then the impact of the loss should not be on the investor. Investing on loan or investing with all your savings should never be done.
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