Most gamblers who are already addicts even find it hard to tell themselves the truth when it comes to the fact that they are addicted. When you tell them, the response always is, I know what I am doing and I am not addicted. Only those around them will always see it. I have lived with one before back then in school and it was always a thug of war for him.

It is a lot realistic when you already know gambling will ruin you if you do not manage to control yourself and the best way to do that, is to at least fashion your mindset in such a way that you do not lose that control just in a way the OP mentioned.

Obsession with quick wealth without having to work hard for it but unfortunately, when it comes to gambling, the craziest thing is that most of them actually end up working their emotions so hard that if they had channel that energy of theirs which they put into gambling into something more productive, I am sure a lot will be doing pretty well by now.

Gambling and investment are basically two different scenarios, even if you do not know what the outcome would be like, at least in the former, you are depending on luck completely, and in the latter you are depending on your knowledge, skills, understanding in that area and a little bit of luck attached to it.

At least, for countries like Japan that has been in the forefront of adoption and legalization, the usage of bitcoin has become something very paramount in the society and country at large, and there are so many other countries as well that are beginning to thread on that path

I was also reading the story of Binance and Uganda recently, and the rate at which a country that has been seriously unbanked, could be able to get a good amount of registered users in a single day. This shows that even in some of the African countries we are undermining, there is actually a huge chance for growth when it comes to the use of bitcoin and cryptocurrency.

There is no doubt individual willingness is one of the factors that could affect each individual because I believe that no matter how good an economy is and how well the government has provided some things for everyone to at least find a way to do well for themselves, there are just some group of people who have built themselves in a way that they just want to keep begging for the rest of their lives, even when they are not handicapped or something.

Poverty is just a state of the mind in some sense but at the same time, in some places, I believe there are people who are willing to want to do something, but they are kind of suppressed due to the way government has decided not to provide enough to help them achieve their aim.

Poverty is something that we cannot just kick out as there are so many factors to be considered when talking about eradication of poverty, and there is no way bitcoin just becomes the solution to that problem.

Anyone who wants to trade and has not even been able to get that figured out at this moment is actually not ready to trade at all. I wonder what a lot of people tend to think in their head when we are mentioning TA, as they usually believe there are some retail traders that trade without losses, which is a pretty absurd way of thinking.

Market is always going to be unpredictable and even if you have the best of strategies you are so used to, there are so many times that market will decide to do differently than what you imagined, and people need to realize that TA is not some voodoo stuff that will just tell you exactly what will be happening in the market, you need to have a plan and execute that plan to be able to get the best of the market every time.

Yes, at every point in time there is one thing they call diversifying, and one way or the other, you may need to adjust some things, to be able to take a full advantage of everything you have planned out. Business is a good thing, and trading as a profession can be a business too.
Nonetheless, this does not restrict anyone to just trading alone, as there are so many other things you can still as well do outside trading as long as you are knowledgeable in all of them. Everything about business is a trade and you need to be skilled in that trade and the same thing applies to trading the market as well.

Well, I would have said that was a possibility before as it could be a driving factor for the market, but recently, I have come to realize that news really does not make much impact on the market and for most part of it. We have seen some good news lately as well as some not so good news, that was expected to have some impact at least on the market, but we realized that nothing most of the time happened. One thing is that the market is moving on its own, and the market will always take its time to develop, so like someone said, I will rather be keener on price action than paying too much attention on news when it comes to making decisions.

But I do believe it doesn't depend on anything, it will go up for sure. Why do I know bitcoin will go up ?

Because, I know it won't go down any further than this thanks to our miner friends who provide with a certain low number they won't sell to and the price is already barely there so it means there is only one way to go, up. If it doesn't go down it means it will either sit here still or go up, now the options were go up or down so I couldn't select it will stay the same so I have to go with it will go up.

This is really logical if you think about it, the price is not going down at all and yes the price may stay still for a long time but in the end it will have to move somewhere and it won't be down so it will definetly be up. This is why I am trying to collect as many bitcoins as I can so when the price goes up I will be ready.

I would suggest getting her a paper wallet if you want her to have bitcoin legally without any troubles or headaches. She will put it somewhere safe hopefully and when the time comes she will cash it out or keep saving it for future who knows. Wallets that are paper is the best way to gift someone because it literally can be stored anywhere you want without searching too far, just put it between some book pages and you are good to go.

I have done the same for couple of my friends back in the day and gave them small amounts just so they would be interested in it, when the price reached 20 thousand dollar levels they were still around 70 dollars or so in value, nothing major but they were really glad and happy to know they had some bitcoins at least and did not missed out. Some of them cashed it in and turned it into some other coins and of course bear market killed their profits but others just kept on checking the price for it and not using it.

It is still too late to say the bearish trend is over but at the same time, we have been seen some consolidation for a while, the signs that the bears are somehow weak at least for now, and the possibility that this can end up being a phase for accumulation which is why there is not much of a movement.

Also, expecting a bull run from now is not something I would be so keen about, most especially for bitcoin, and the way things are looking at the moment, we might just see a slight movement upward for bitcoin and then possibly a bull run for the altcoins, and probably towards next year, we might end up seeing some bullish movement for bitcoin.

It is normal to keep being frustrated for as long as you can imagine if you are raising your hopes too high in the short term. For someone like OP, it is obvious this is someone who thinks more about the future than what is at hand at the moment, and even while considering what is at hand at the moment, he is more or less just trying to take advantage of it.

When you have a long term goal mindset, the idea of seeing great opportunities when others are seeing issues and whining, or the idea of having plans on how to approach the market when everyone is busying crying their eyes out over what they have lost is something that will always make you different over time. This is one thing that has made a lot of people different and made good plans for today and even still making plans for the future, and the truth is that some people have been here for a very long time now and they still do not have anything to show for it.

Good luck to the OP, as I know he will most definitely do well in this space, with such brilliant mindset, but one thing for sure is never to stop accumulating as I know in the long run, we will be far more than where we are now, and some people would even wish they bought at $20,000.

Anyone who even ends up pushing gambling to someone without at least getting to tell them about how it can be a bit dangerous is wicked. Convincing people to do the wrong thing for the wrong reasons is more like pushing them into brimstones and fire. Nonetheless, we also have to understand that people should even be able to think on their own as long as they have reached a certain age, so I do not expect an adult to be deceived into something they do not want to do, or they should understand the implications in the first place, unless they are just as gullible as the person pushing them into it.

They are already uniting, as we have seen some news lately that involves cryptocurrency and the banks. Also, considering that XRP has really been trying to take the bold lead with being the centralized banker's coin, have completed some projects and possibly seeing some banks having interest may pose one of the reasons why banks will want to be a major part of this space.

Apart from that, we have heard in some countries and some companies coming up with cryptocurrency bank, which even though I know will only fly for the gullible ones, still shows that the banks are actually looking to be in the forefront. I believe it will be a symbiosis thing in the long run with banks and crypto space, uniting at least in a way, which I see banks trying to offer some services as well in the crypto space.

Lol. Most especially for ICOs with no product, and ICOs that the team never delivered on their empty promises and has left a lot of investors who could not do due diligence bag holding. However, it is always a common thing to always see tokens and coins from ICOs getting beat down hugely at moments like this, considering the fact that the whole market has been bearish, but always a good time to pick the dips, isn't it ?

I remember when bitcoin gained huge dominance before the fork last year, and most of the altcoins actually started taking the hit downwards, the same scenario actually ended up playing out, which I took advantage of, and then January came and it was huge profit and bull run for the altcoins galore. Just know how to manage yourself with the market trends and you will be fine.

Well, that is always the thing, every market will always come with its own opportunities, 2017 was a bullish year all through and that gave room for a lot of old investors who had been holding through thick and thins to make profit and then probably some people who joined FOMO as they really do not have much experience with the market probably getting over bought ended up picking at the top, but all hope is not lost as long as you understand that in the long term, the market still have huge growth lurking.

One thing with the market right now is that it is another opportunity, so for me personally, any trend that the market brings is always the best as I see this period as the period of accumulation and once you know this is a market that is still young and will grow hugely in the long run, you will know better it is a great year as well for a good discount on some good projects.

It certainly wouldn't be global welfare that is for sure. But, I doubt it will be just a speculative thing. Bitcoin is not something like forex in its nature, I know many people use it that way but in reality there are still places that bitcoin can help out. This is why I honestly believe that even though it won't be helping everyone out with the finance money coming it certainly it won't be just to make money neither. With all that money coming it I am sure there will be a lot of positives sides and helpful people who will set out to help the world one way or another.

I am shocked there hasn't been a charity ICO so far, that could have at least shown us how generous the general crypto population is, you buy a token when you send ETH and that token worth nothing but just shows you helped people with your donation and that ICO would take all that money and help people out. Of course we will still have to be a part of finance world in any case but that type of stuff could happen too.

We should certainly not put all of our faith into SEC accepting a bitcoin ETF. I mean it would be amazing if they did accept it but if they do not accept it than we should not be sad about it. There is still merit in getting a bitcoin ETF rejected as well. At least we are moving further with it and getting rejected, I honestly believe getting rejected is better than not existing at all. Would have been much better if there was no ETF that suppose to get rejected/accepted, so it is better than nothing, literally. This is why I want as many ETF offers as possible, don't care if they get accepted or not but as long as they exist and offer it than I am fine with it. SEC can reject only so many of them, eventually they will have to accept one of them and that will change a lot.

This is the key part to become a great trader. There is no trader in the world that can make money from the gut feeling or just emotions, all those movies where the trader just has a feeling are lying. Every good trader in the world whether its in crypto or stocks or forex doesn't matter actually makes the money thanks to their emotionless trading. You need to leave your feelings out the door when coming the work and just focus on making money by the patterns that is historically done and profited everyone.

If you can achieve to become a robot that is purely trading on the indicators given to him than you will always come out as the winner and have profits. It is not as easy in crypto world since it is quite volatile but in other areas it has worked perfectly.

Actually they are not wildly different. I mean in gambling there is a house edge that will make sure you will not make money on the long term whereas in the trading world you will make money on the long term if you do not sell before profiting.

Nevertheless the similar side is that it requires strong will and less emotions involved, if you try to chase your losses in gambling than you will eventually lose all of your money, in trading if something you bought dropped you need to wait until it goes back up (if it is a good coin and not some scam coin in which case you should cut the loss and get out) so patience is surely the best things you could do in both of them. The point is gambling gives you an experience about not chasing losses and not acting impulsive and try to do silly stuff, that will help you during trading.

Yes, there is no point making any predictions at all, as all we can just do at the moment now is to just see what the trend will bring. I really do not have much doubt myself that this market would actually get to bring some good trend upward before the end of the year, but that is something we will just have to wait and see how that would be panning out, which in this case, as long as the market keeps moving sideways, there is absolutely nothing guaranteed yet.

Trading a market and understanding trends is always a challenge even for pro traders. While playing with it, must have a strategy and know what you are doing, as this is how you will be able to identify a bear or bull market when it is beginning its trend and then know how to make decisions based on that.