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I am most of the times able to know that over promising and high returns in short term is a possible scam so I do not invest in it.
I will not fall into scams like a phone call for refunding and doubling money they are too easy to figure out that it is scam. I was scammed one time by a online cloud mining game when i was new.
I was earning crypto from PTC sites and investing in that but after investing for over 6 months I wanted to withdraw but the site introduced too many different ways to not give the money to players.
like introduced some levels in game, and players need to have 10 active referral to be able to withdraw, etc.
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There are people who have learnt how to trade, practiced on demo accounts for long but have not had the money to try trading on the market, and so they have abandoned trading to try search for money first. While there are others who have too little income, that they cannot profit from the market trading, they are always worried about loosing and because of that they make mistakes with their technical analysis and end up loosing the little money they have. Should trading be exclusive to financially comfortable and rich because of how risky it is?
trading is not for everyone but not in financial point of view, because while entering in trading the person should deposit money in account thinking that I will going to lose it all. by this thinking he will not trade emotionally and will be able to take better decsions, but the profits will be less if he earns less and able to allocate to trading is small amount. it not determine that trading is for rich people. if he try to learn trading and knew his edge then he can make huge profits with those small amount by compounding. |
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The true 5% of traders that are very successful and profitable do not even have a YouTube channel (only a very few exceptions). They are strictly for trading only, day in and say out.
traders who make consistent profit or who are from those 5% will not be found on forums, youtube channel, telegram, etc. because they don't have time and interest in selling their courses or secrets which not one will share easily, I have seen youtubers sharing fake PNL statements but there are lot of them.
and so called professional are youtubers who are "professional" in trading because that is the way of their earnings that how they get there content to post on youtuber or any other platform. |
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It's easy for me, just right click on the text or written token and click the option of "Search google "---"" it's lot easier for me to do.
this feature will mostly help in altcoin boards because there are too many tokens get discussed, which are not known by everyone.
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And keep yourself busy in something interesting or where you can stay busy without any problem, from this you will not have time to gamble. I was going on a job for somedays where my 15-16 hours goes into that job and traveling so, in left time i do things that are important like bathing, eating, etc. so While going to sleep because mostly play before sleeping after dinner so I become so tired that I shutdown the pc and go to sleep. it works for me when I am busy. because i am not too addicted to gambling. |
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If you can't handle the heat, better get out of the kitchen and stop cooking altogether.
I like your this quote, those people are lucky who figured that out that they cannot win in gambling in their first 1 or 2 losses. And people who are greedy or risk more in their first attempt of gambling they will chase the losses because they risked money which is important to them. while playing sometimes we feel heat on our face this is better to get out of the session or we can lose it all. |
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Here what i do:
If I won a big win then I bet more in hope of winning more but I bet after committing that if I lost 10% of the winnings then anything would happen I will stop and withdraw the amount.
It was very hard initially to control myself and I lost it all after seeing those big wins, no I can control better.
and play very less or gamble very less with small amount these big wins doesn't affect my psychology a lot.
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it's random for me there is nothing like that like being motivated by seeing others,
In slots we lose slowly slowly without losing all at one like in live casino or provably fair games we bust our account by betting all in one bet.
but slots are slow there you will win and lose slowly slowly slots are very good for player to stay hooked on one game, you may had seen that we first take decssion that after these 10 bets I will close the window but between those committed last 10 bets we get a big win which cause us to think I will bet more 10bets then I will close the game but in those 10 bets you lose all you winning and try to play more to atleast be in profit.
but slowly if not controlled then we are going to lose it all, congratulation for you big win keep that amount safe in self custody. or invest in something not in gambling/
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that's why many people lose more and more, people deposit the money and make it 2x, 3x, or even 10x of the deposit. but in last they lose it all and think, they take that 1x loss as 10x loss which they made with gambling, and to recover the amount they deposited and won. they deposit 2x because it will be easier to recover those loss, but this loss become bigger and bigger. we think free money as we earned by working hard. |
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That's true because, with self-control, we can avoid excessive losses and also save the money we have. We cannot continue gambling if we have experienced consecutive losses because we risk even greater losses. Most gamblers are not ready for this risk, but they don't seem to care about it and want to recover their losses or chase their winnings. Perhaps many of us have experienced gambling addiction without realizing it, so this is the time for us to correct ourselves and see how far we have come in gambling. If we see that we are returning to gambling more often, we may already have a gambling addiction, and we should try to reduce our gambling activities before we fall deeper into gambling.
Right! people first play or deposit very small amount when they are just starting to gamble thinking that I am not going to lose it all, they think like they already know what gambling is and they are going to lose everything deposited, but our mind just think that in a that way that I will control myself when losing, but in last when we lose consecutively our mind goes blank and we didn't even know consciously that we are betting higher then we can afford to lose in one bet. after losing it all they deposit 2x of the initial amount lost this cycle repeats and the losing amount become so huge. and people become gambling addict because of this. |
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Loneliness doesn't make anyone to gamble or gamble more, he gamble because he is free if we have many friends and a lot of work, or when we are too busy and in a state that the time is very important then the person will forget about gambling, if a person is free and have account on a gambling platform with some money in it, his mind will distract and try to go to the account and play with it. and if we keep our account blank and cut every way to go and gamble then it is easy to not gamble if you don't want, but it's hard to control when we have balance in account. |
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I have seen streamers, youtuber they will millions worth of crypto in seconds, mostly streamers who have huge capital like over a million play on stake.
stake is biggest crypto gambling site with very high liquidity you can see on their site in bottom that how much amount players are betting there.
on small site which have low liquidity may have problems while withdrawal.
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They are basically to believe one who lost $20 has lost more to them who looses $10.
In gambling, losses and the hurting feeling people go through is equal to both who lost 1million and other who lost 1k. if a person losses 1 millions then obviously he has some type of way or business to earn this much amount to lose. and a person who earn my working as a employee do not have source of income he has 1k earned by working hard. so if rich gambler losses all his money which is 1million then he will be disappoint as same as person who saved his 1k and lost it all. feelings are same for both. |
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this parade at least give an idea that what is the future of most of the people who gamble or simply gamblers.
I think it will make more strong belief for non gamblers that in gambling all people will going to become like this, so he will not think about gambling in future or will stay away from it.
and other members saying that this video will spread gambling to more people but i think no, because there is just written slot, only gamblers or people who already know about slots will know that this is about gambling.
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I am very beginner to sports betting just in learning phase because I doesn't knew anything about betting on sports, thought it is more fair then other type of games.
thanks for you tips I will be useful or me in the future, I want to ask that you have $100 total bankroll.
is it not very risky to bet $20 which is 20% of the bankroll you will lose all you money in three bets if you doubled, sometimes the research and all get wasted but betting this much part on you bankroll is not safe.
or I have a misunderstanding?
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also it's called market manipulation which is illegal. |
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Congratulation @Liquid71 you are going to be a legendary member, you are just one merit away,  |
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if huge liquidation occurred on perpetual market, then will it move price of spot market? and the liquidated trader have position in only perpetual market nothing in spot. how it will impact the price of spot market if the liquidation is on perpetual market? and if they are correlated to each other then how? it's so confusing to understand for me. my one theory/assumption is that when the trader buy one bitcoin with 10x leverage on perpetual market then the broker will give him 1 btc with is he real investment and broker will invest his 10btc my seeing the trader. In total broker have 11btc to trade 1 of trader + 10 of broker. and they both took position at a specific price if the trade goes against the trader by 10percent then he will get liquidated and broker will withdraw his 10btc without any loss. Is my assumptions is right? just was thinking by my own I think i got the answer. |
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