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1581  Economy / Trading Discussion / Re: Stop Trading on: September 28, 2023, 02:02:31 PM




4) Market Conditions are not Favourable

Every technical Analyst knows when things are unfavourable. The skill of spotting unfavorably conditions in the market is gotten by practice and study. If you are a technical analyst and you don't know please try and develop yourself.


I felt this one. I do trade crypto, and this situation got me losses. I was sure about my mapping and techniques such as indicators and, of course, technical analysis, but it didn't come out well. As I review what happened, it is not entirely my fault but the market itself because sometimes market conditions can be opposite of what you expect. The saddest part is that I learned it in a hard way, by my mistake. So that's when "unstable emotion" comes in. You should always be prepared, not every day, but for every trade you will make. That's how trading works.
1582  Bitcoin / Bitcoin Discussion / Re: What will you do if your country did not legalize cryptocurrency? on: September 28, 2023, 12:46:23 PM
The truth is, bitcoin being fully legalised in a country is far from happening. There are many factors or things to consider before it becomes legal and is used as a currency, just like what we use to date. Number one factor is that the government has no power over it; in fact, no one's price will change depending on whether they are holders, traders, or miners that the government can't control. Second, bitcoin volatility requires a lot of study on how they will use bitcoin as a currency to pay on a daily basis, among other things. But even if bitcoin is not legalised, we can still buy and trade bitcoin with 3rd parties' exchange platforms, and as time passes, bitcoin is slowly being used as a currency. Many banks offer crypto services, establishments, and businesses that support crypto currency. So even if it is too far yet, it is possible that crypto currency will be the future currency.
1583  Bitcoin / Bitcoin Discussion / Re: Bitcoin Has Changed My Life 👨‍💻 on: September 27, 2023, 02:27:47 PM
The price does seem stable around $26,026, I dont think its time to break out the champagne just yet. I've seen patterns like these and they are not good at all

The resistance at $26,350 and $26,500 might just be a stone wall for now, but massive sell  can break it any moment. If it drops to $25,400 or more, $25,000, its going to be a tough pill to swallow for many. Its crucial to stay vigilant and keep those eyes peeled on the market pulse

I think this is your wrong idea because it can increase and there is no fixed speed and you can do this by buying more bitcoins at this price and holding and selling after two months you will make a lot of profit.
Are you sure? How are you so sure that the bitcoin price will increase? After 2 months? What's your basis for that? It's easy to say that the bitcoin price will increase or that you will profit a lot at this specific period of time without any evidence or anything else that could support your statement. What if things goes south after you buy a lot of bitcoin? First, present solid evidence or anything that could support the statement before you give misleading information.
1584  Bitcoin / Bitcoin Discussion / Re: Bitcoin Has Changed My Life 👨‍💻 on: September 27, 2023, 01:08:49 PM
Two days ago today I had $100 I traded $100 in bitcoin and made $10 profit now I traded $110 in bitcoin now I have $180 I mean I made $70 in two days Best earnings of my life And I want to make bigger profits trading bitcoin in the future and I want to light my future by trading bitcoin and I will trade and I will not train too much by greed I will not be addicted to training I will always watch the market and invest on bitcoin will try it looks great to me i started with $100 now i have bitcoins $180 i earned $80  between the two it is never possible by any job and it is not possible by any government government what is possible with bitcoin i am bitcoin Much respect and salute.

I have seen here many people comparing gambling game with bitcoin gambling game is a test of luck a game should never be compared to it and if you have experience on gambling then you can play gambling but you can't get addicted and get addicted to anything. It is neither good nor harmful for a person.



I notice in your statement that you didn't mention using any kind of strategy or indicator in your trade; it sounds like you just think you want to try trading bitcoin and then you earn. I don't know; maybe you just forgot to mention that or you really don't do any technical analysis or such before trading. You see, trading crypto is very risky, and you do futures? One wrong trade, and that capital would be gone. You earn just like you've said, but maybe you are in luck at that time. If you only trade without knowledge or skill, then I don't think you will survive trading in the long term. Just some advice, bro. Not every day is good luck. Take crypto trading seriously, but yeah, congratulations on your profit. Any profit is big; it depends on people.
1585  Economy / Trading Discussion / Re: No gains, 1 Minute Scalping Strategy on: September 26, 2023, 02:14:20 PM
Fees are not the reason why you feel or don't earn totally; it's your strategy. The 1 minute strategy in trading is also a way to earn, but it's too risky. Even if you have indicators, as we know in trading, there is no 100% accuracy, so you will consider margins or the range of when you will enter your trade, so there will be a downtrade. What if after one minute the price spikes more, or between one minute and one minute the price goes the opposite? So it's not advisable, so do 1 minute scalping if you don't have high-accuracy indicators, or if you do technical analysis or any other way to map your trades, then make sure you will earn from it. You've mentioned that you are new to trading, so I suggest you study more about trading. It is a long process for you to become an expert in that field, and you will need to invest in knowledge first if you don't want to end up losing all your capital. I've experienced that, and I'd say gaining more knowledge and techniques will be worth it. 
1586  Economy / Gambling discussion / Re: Is gambling all about luck? on: September 26, 2023, 08:55:35 AM

Because gambling is all about luck that's why, it shouldn't be depended on as a sources of income because you can't be sure you'll make profits everytime you gambling and if you chase after profits always you'll end up always over gambling and would be addicted, which will be bad.

I slightly disagree, because it will depend on what game you're playing. For example, in a slot machine, your chances of winning depend on probability. There will be a certain time and probability that you will hit the jackpot, poker, or any other card game. It requires your capability to think, or critical thinking, because you will think that if you have the winning card, you will also consider probality and odds. and many more. In short, yeah, any gambling requires luck, but not pure luck. Consider the probability and your capability to do critical thinking.
1587  Economy / Gambling discussion / Re: When the fun stops on: September 26, 2023, 06:35:11 AM
I agree with the statement of the creator in this post, but in my opinion, the "fun" or "entertainment" part varies depending on your status in life. Everyone says it is correct that the fun will be paid for because they keep on chasing their losses. To earn money, it's all about their desire to earn and also about being so addicted to gambling that they cannot stop, even if it is not fun anymore. This situation applies to, let's say, middle-to-low status in life. But for fortunate people, gambling is just their plaything; losing money is not a problem for them as long as they enjoy themselves and have fun. In short, the fun and entertainment of gambling will change if the person aims to earn money, while for fortunate people, gambling will be just their hobby without the worry of losing money.
1588  Local / Pilipinas / Re: PhilHealth under siege: US$300,000 ransom set by Medusa ransomware group on: September 25, 2023, 02:10:36 PM
This is alarming, anong security system kaya ang meron tayo.

Well, syempre hinde talaga makikipagcoordinate ang gobyerno dito at mas gugustuhin pa nilang maexpose ang nga details kesa magbayad ng ganyang kalaking pera.

Kaya magingat ingat tayo sa mga scam messages at emails, kase exposed na exposed na tayo and hinde ito ang unang beses na nangyare ito sa isang government agency.

As usual, ganyang klaseng website ang pinag mamalaki ng gobyerno matapos nilan paglaanan ng napaka malaking halaga para lang ma hack o ma biktima ng isang ransomware pa. Pero di rin maalis na pwedeng kapabayaan ito ng isang tao o tinatawag nating people ware. Pwedeng dahilan ng hacker group para mapason ang website ay dahil sa kakulangan at kapabayaan ng taong responsable sa website ng philhealth. Sakit man isipin bilang tax payer, na yung kontribusyon mo ay napupunta sa mababang kalidad ng serbisyo kagaya nyang website ng philhealth. May balak paba bayaran ng gobryerno? Pwede hindi pwede rin oo, hindi dahil sa napaka malaking halaga nito, pwede din namang oo lalo na't reputasyon ng philhealth ang nakasalalay dito. Pero tingin nyo? Parang may kaduda duda lang yung pang yayari.
1589  Economy / Trading Discussion / Re: Trading or investment! What's your take? on: September 25, 2023, 01:13:58 AM

Should have good knowledge for both investing and trading. But trading requires more intelligence and knowledge than investing. Investing should be done for a long time, if you invest for a long time, you can expect more profit. Chances of loss on investment are less. But should not invest in altcoins, it is better to invest in bitcoins. Trading is done for a limited period of time. Traders buy when the market is down and sell when there is some profit. Investing is also risky but trading is slightly more risky. I have invested in Bitcoin. I prefer investing to trading.

Although trading requires more knowledge, technical skill, and a firm mind, you can't say that investing doesn't require knowledge. You also, and most importantly, need to think before investing about what you're investing in and whether you know what you are investing in. Are you sure that you will profit from it, etc. You have to consider many things before investing. It also requires knowledge, as you will conduct a series of analyses to determine whether that investment would be profitable. You say the loss in investment is less? I think not, wrong investment, and it will cost your money.

It's easy to say that way, but trading is too risky; it is not slightly. This is an opinion from someone who does trading. I'd say trading is a nightmare if you don't have enough knowledge, technical skill and other aspects. So trading is more risky than investing, but both have risks.
1590  Economy / Gambling discussion / Re: Never gamble in front of your kids. on: September 25, 2023, 12:32:57 AM
In the first place, why would a parent show their child about gambling or you as a parent playing gambling? It only shows that you are an irresponsible parent. The effect of children seeing gambling games may vary depending on their age or cognitive capabilities. Let's say, for example, that a child is only 10 years old or younger. Their innocent mind would think that you're gambling; no, they don't even know gambling at that young age; they will think that you are just playing games, and because of that age, they have a strong curiosity to know what you are playing, and that is where it starts at a younger age that involves any kind of gambling. Here is an article discussing how children as young as 11 years old can gamble with the help of their own parents. Imagine that they tolerate their child's dangerous habit.

https://www.smh.com.au/national/nsw/kids-start-gambling-as-young-as-11-often-with-the-help-of-their-parents-20210130-p56y1r.html
1591  Local / Pilipinas / Re: isang banko magooffer ng bitcoin trading sa app nila on: September 24, 2023, 02:28:50 PM
After ko mabasa yung article, yes maganda sya in a way na mas mabibigyan ng ibang way or option yung mga crypto traders and holders. Lalo na sa mga existing UB account holder. Pero maaring may disadvantages din to na maidulot sa mga susubok as UB palang ang unang bangko sa pinas na mag ooffer ng gantong services, although meron tayong GCASH at maya iba parin ang isang kilalang banko, anyway sigurado akong maraming crypto holders ang aabangan pag launch ng naturang services ng Union bank, maaring marami ang mag open ng account through union bank dahil sa balitang ito.
1592  Economy / Gambling discussion / Re: Can Chat GTP destroy poker on-line gambling??? on: September 24, 2023, 01:32:11 PM
In my perspective as an IT graduate, I often use chatGpt for my work for reference only meaning I don't rely on it. Chat Gpt destroying poker of other online gambling? I think nope that's not gonna happen "for now" in the future maybe. You see AI technology is getting more advanced in our times but not that advanced that it can do anything. Of course owners or developers of certain online gambling games anticipated the advancement of the technology so they will do a lot or tight security in their system to ensure that AI will not be a problem. So rest assured ChatGPT doesn't have the capabilities to be used for online gambling.
1593  Economy / Gambling discussion / Re: Quit gamble! Easy or Hard? Let's talk. on: September 24, 2023, 12:39:32 PM
In my opinion, quitting gambling depends on the person. Let's put it this way: a person who is addicted to gambling has a high rate of losses, and a person who's addicted to gambling but, let's say, has more winnings. So the first person For them, if they become addicted and experience a lot of losses, it's hard for them to quit. Because they will keep on gambling to chase their losses, hoping that they will win and recover, but in reality, it's not just you who bet and play; you should also use critical thinking, skill, and luck, which is, I believe, the main aspect of gambling for you to earn. For example, the second person that I've mentioned is the one that has a lot of winnings. I have a colleague at work who does gambling; he uses 1/4 of his salary as capital to play. But not just that, he also offers his friends and other coworkers to invest in him and has a contract that says that every month depending on your investment, you will receive a fixed amount. Why do I share this? Because you will see his confidence in gambling, why? Yeah, he maybe doesn't have 100% winnings, but he also doesn't have a high rate of losses, meaning he is a skilled one; he uses thinking, skill, and luck to do gambling to earn. And because of that he treats gambling as a side hustle. So for him, quitting gambling will depend; for him, gambling became his hobby and side hustle. But for the other person, gambling can be a nightmare, so will he or she quit gambling? We never know; it depends. There could be many circumstances and situations for an addicted gambler to quit.
1594  Other / Beginners & Help / Re: does it worth to start mining now ? on: May 19, 2023, 12:53:05 PM
what do you guys think does it worth to start mining now ?
I think its still worth to mine bitcoin since you can mine if you buy some cheap materials and also have a good apartment for space of your mining.
1595  Bitcoin / Bitcoin Discussion / Re: Is $30 dollars worth starting bitcoin? on: May 16, 2023, 11:10:52 AM
~snip~
Of course, if he makes only $3 profit, that probably won't even cover the fees for buying and selling bitcoins, but he will still make a profit. And learning to trade from scratch with $30 will most likely result in him losing the entire $30 altogether. I can quite possible to advise him to buy bitcoins, especially in a downturn, but I personally would not dare to advise anyone to start trading, the risk is too high.

Yeah, trading is expensive, and most people will end up losing money, plus the fees are constantly there.

With $30 OP should focus on learning about Bitcoin, lightning, etc, it's a great opportunity to move Bitcoin around. At the end of the day it's the same if OP was moving millions, so better to learn with less money as mistakes would cost almost nothing.

I wouldn't focus on trading, just on learning the tools of Bitcoin.
I agree that spending $30 on bitcoin is a waste because it isn't at all lucrative. This is something I've seen when I first start investing. I consistently invest $5 to $10dollars, and I always end up losing money. When I think about it, I giggle lol.

In my opinios(as of right now), you shouldn't invest in bitcoin if you have between $30 and $50 to invest because it is essentially unprofitable and the investment is long-term. Instead, you should learn more about cryptocurrencies and how the investments work so that when you have more   money to ivest, you won't be concerned because you have knowledge that anyone can acquire.
1596  Bitcoin / Bitcoin Discussion / Re: How important is it to keep your bitcoin investments secret from others ? on: May 16, 2023, 10:58:56 AM
Recently, I came to read this news

https://protos.com/spanish-police-rescue-crypto-investor-kidnapped-on-holiday/

The first thing that came to my mind after reading this was that one should not talk about his crypto investments with strangers or friends as it can pose various risks. If you are active on forums like bitcointalk and involved in trades, you should not give information which can help others relate to your identity.
You don't need to trust people online since you won't know what would happen if they betray you. You can brag about your accomplishments to inspire your friends, but you should keep your real life status private so that others can't copy you.

I've had this happen to me when I posted something on social media and within ten days, someone stole my picture(earnings) in bitcoin and said that "everyone can earn this kind of money, just dm me." I exposed this man on social media and he blocked me so that my other friends will not know that he is a scammer. I learned in this kind of situation is don't share anything that is important to you, keep your data especially in bitcoin so that no one will copy you and your other friend will be safe
1597  Other / Beginners & Help / Re: It's nice to be back here. on: May 14, 2023, 02:22:08 AM
I stopped my crypto journey way back last year because of so many losses and got busy with my school works,  it was last year in February when I lost a huge amount of my money investing in altcoin and got rugged, I was depressed that time and sad because I lost a huge amount of money which makes me stop my crypto journey and just focus on my study.

Two weeks ago I saw my friend on Facebook posting such luxury and cars he already has and I know that person is into cryptocurrency so I know that he got all those things because of cryptocurrency that inspires me now to continue my crypto journey and I will start it with this forum as I know I can have a lot of lessons and advice here.

I just realized how risky cryptocurrency is, especially for those people who have not yet have good knowledge about it, I've learned from my mistakes last year and j am now here exploring again and will be careful this time.
I know that feeling when you got rugged, it's really sad when you lose all your money in just one tick, I've experienced this and there's a lot of trauma you can't get, You will lose hope in crypto currency and everyone will down you. After months of searching again  and again I started to invest crypto again and it's doing well. Now, I have a business and also I can buy whatever I want in this crypto community. You can start again if you want to, always research to avoid rug and also you can't get scam. Goodluck!
1598  Other / Beginners & Help / Re: Is self-meriting possible? on: May 13, 2023, 04:21:25 PM
May sound silly but has anyone tried meriting themselves on a discussion they start. I noticed that the option to merit a post is still available on a post we make, I wanted to try it out, but I do not want to default, so I decided to come ask first.

Is it possible to merit yourself?

I think you can but it's a long process since you'll be using two accounts. But if you have only one account of course you can't merit yourself. If everyone are self meriting, how this forum will grow? no one will help other newbie since you can reply to other post with no sense or what we called shitpost and instantly gain merit. If there is a chance that some devs on this forum make this possible, I will not agree because that's unfair
1599  Other / Beginners & Help / Re: Which of this is plagiarism ? on: May 13, 2023, 04:16:15 PM
I have read about plagiarism in the forum which is a great offense here and anyone who is caught will get banned from the from. If someone wants to copy and paste here,he must provide a link to that which he has copied from.

I don't know if someone wants to use a picture on the internet without providing a link to that picture, if that user will be banned for his action or I must also provide the link to that picture which I used. Is using someone else picture without providing the link also plagiarism.

Using AI generated post, which I know that is not encouraged in this forum, what will be the penalty for such action,is this the same as plagiarism ?
I need clarification please, so that I can last long here.
Gracia.
For me, i think A.I generated is plaigarism because like chatgpt i think that a.i site is getting sources each site in google so it's illegal to use chat gpt in this forum and you will get banned by using this. You guys who using ChatGPT and thinking that you're helping, no you're not because thats not your own words and also you're not sincere helping other people so the people who uses a.i site should be ban in this forum !
1600  Economy / Economics / Re: Why you should use spare money to invest on: May 12, 2023, 05:06:03 PM
Is better to use small money or learn risk management first before investing especially newbies.

Is this a question? If it is then I'll prefer to learn risk reward management before investing so that you will not worried if you invested dropped. If you choose small money to invest but you have lack of knowledge then you cannot get profit because you don't know what you investing. So before entering in trading, crypto make sure that you research before betting your money that can easily lose at any time.
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