Hi everyone,
Gambling has become very popular in the world , especially after the changes that have occurred over the years with modern technology and the abundance of games, we can now gamble with one push anywhere and anytime . More money is flowing to sites and casinos in huge quantities, and everyone’s goal is to win more ,As is always known, if there is a loser, there is a winner, and I don't think that the percentage of losers is greater than the winners .
Is this true gambling is not place to make money is place to lose it?
It is a bad idea to take gambling as a mean to make profits or make money, because having such mindset will lead the gambler into a lot of pressure to meet up the target which will eventually leads him into a bad situation when the outcome does not favor him on the long run. We should gamble just for the fun that we drive from it and not to make any extra income from it, at some point the increase in access to modern technology have actually leads to more dependant on gambling for some sort of income generating tool. Once you do make yourself having that kind of perception towards gambling then you are really just that basically putting up yourself on such potential trouble when it comes to financial status or condition in the future. Why? This is a place on which you would really be spending up your leisure or having that entertainment and not something that you could really be making it as some sort of income. This is a very wrong perception or views towards gambling on this case because instead of making money you would really be rather that losing instead and this is something that you must avoid in the first place. This is why it would be always best that you should really be having that kind of consideration on sticking into the reality. Dont make yourself that delusional on the sense that you could really be able to make yourself rich with gambling because once you do have this kind of thing in mind then you are just basically putting up yourself on such big trouble on this case on the time that you would really be losing up consecutively. |
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Bitcoin touched new ATH in 2024 of around $69000. There is fear in some investors that there can be a big correction from here. But, there are many investors who are still investing in bitcoin even if the prices are near ATH. What is your one primary reason to keep investing in BTC even at these levels.
I am doing this because I am positive with the ETF news. It is resulting in major adoption to users who were earlier reluctant to invest in bitcoins.
Who would have thought that we are going to reach a new ATH so quickly in 2024. Personally, I thought that it would take at least until after the halving and probably more close to the end of 2024. The big question now is why are still people buying bitcoin at such a high price. First of all, we need investors that are still buying now, because otherwise the price wouldn't be rising anymore. Without any buyers in the market there would be no new ATH and the bitcoin price would be falling again. Anybody who is buying now obviously believes that price is still going to rise further. I am one of those people that believes the bitcoin price should be above 100,000 USD at least, which makes buying coins today still a decent investment. Then there is the whole group of DCA buyers who have been buying a fixed amount over a longer period of time. In such a case it's also a good idea to keep buying, because you already made a big profit from your earlier purchases. As long as we have free capital and don't know where to save it then it's fine to be buying cryptos in my opinion, because stocks are also at their ATH. Many risky assets are doing pretty well at the moment, not only Bitcoins. No one thought that we would be able to make new all time high before halving period. We've see new ATH but not really that much too far on 69k as we do know. To those people who do invest on ATH and now seeing the price is on 62k back again and might be falling down below 60k then im pretty sure that they are in panic now specially the price had made out some correction. If you are someone whose really that going for long term then this wont really be an issue but if you are making some short trades then for sure you would really be having that kind of worry reaction. The current price is starting to climb up but im sure that before halving period happens we might be seeing some further dumps but actually who knows? No one really knows on what the future looks like. Different factors and situations could really be able to make things that move up on the price whether it would make the market goes up or not. As a trader then you should really be wary into these circumstances of course. |
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After knowing what being jealous could result to, I hope we would keep our mouth shuts and keep up with out anonymities during and after the bull-run.
Silent is safety wise
I remember that same thing happen during the last bull run, a lot of crypto influencers goes to tiktok and flaunt their riches as if they hit the jackpot or lottery and I will say that they are really take arrogant. But for true investors or who has been in the game before, I would say to just stay quiet, no need to brag it in social media or to your friends or cousins or whatever on how much profit you made. That is the sign of humility as well as a individual. So let this be a lesson again, as we are in a bull run already and there could be profit taking already. Just be silence and just thank that you have blessings coming your way and then enjoy whatever profits you make with your families and love ones. Safety wise then it would really be always best that you should really be making yourself that staying low key on which you wont really be that putting up yourself on such potential risks because we do know that people around are really just that waiting for some opportunity on abducting someone or whatever similar situations just to get those money. This is why it would really be better that you should really be that remaining silent on whatever you have been able to earn or profit. Somewhat it cant really be avoided on having that kind of celebration or outburst of emotion on the time that you do able to gain or earn an amount on which you havent been able to hold for the rest of your life. This is why you would really be suddenly having those kind of approach or reactions but as much as possible you should really be keeping yourself silent or private. |
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Stop when you lose all the money you set aside for gambling, stop when you win a good amount of money.
Unfortunately many gamblers did opposites, they will gamble without thinking about their losses and when they're win, they will try to gamble more in order to achieve the biggest winnings they can make.
Greed is real. And greed tempted people to do the opposite. Contentment and sticking to the plan is necessary but only disciplined and responsible bettors can do it. Sometimes I wonder if we can really blame gambling when some people are addicted into it. Greedy people can be greedy with or without gambling. I can be tempted as well which is why I set time limits and strict budget every time I bet. So which ever happened first I have to stop. Even during days that I got lucky, I usually keep half of the winnings. When greed kicks in then this is the moment you would really be telling into yourself that this is something that cant be stopped. Wait? Are you able to say such thing? No you wont because the main thing that you would really be having in mind is that you should really be playing no matter what and as long you wont really be able to hit up your target profit then you wont really be caring about on the money that you would really be spending as long you do have something on your pocket on which you could be able to play gambling then you would really be definitely doing it. On the time that you do gamble then it would really be always best that you should really know on when to stop whether you are on profits or on such loses. Its impossible that you wont really be wary about on the condition that you are in because losing up money is never been that something you wont mind. It does hurt and we do give out importance too much when it comes to money. |
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Sad to say but this is all true, If we expand our ideas and knowledge, we will know that many countries, especially those in the 3rd world countries have not yet been able to totally adopt the changes, especially when it comes to technology? Because most of them, even the simple progress in the matter of education is not immediately prioritized by them, what more if it is about technology. Just an example, if in a 1st world country, they have had a K-12 program in their education for a long time, in other countries it has just been applied and they are not sure if they will continue in the next years because other citizens think that adding 2 years of middle school education is just an extra expense.
The government of each country should actually pay more attention to the education sector because it is an important sector in educating the nation's own generation. It is true that there are always differences in progress in any case in each country, including in the education sector too, because each country also has to adapt each curriculum that will be applied to the nation's children starting from a certain level. But in this case, of course the government must also look more often at how education is in other more advanced countries so that one day it can apply what it has seen in other countries to its own country. When it comes to sector importance then it should really be balanced as much as possible. Adjustments would be made if they've been able to see that there's lacking into that sector then this is the time that they should really be diverting out some parts and put up some focus into it to make it at least be able to patch up if ever there's a problem. In speaking about opportunities then if you've seen that your government wasnt able to provide those job opportunities then it would be that right that you would really be working on yourself for you to find opportunities without relying with the things that government provide. You would really be staying up poor if you wont really be making actions on which it would really be that normal that you would really be having those kind of progress if you do sit idle. You would really be needing to be wise for you to have that progressive life. |
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When we are at Extreme Greed you need to be taking some profit off the table. Most people in crypto fail to keep the money they've made. They either sell too late or they selfishly watch all profits fall back to zero.
I've seen this happening each cycle.
We all need to understand that 1st priority in crypto is surviving. Profits are in 2nd place. Yes that sounds counterintuitive, but it's really simple. The real skill is not in making money. The real skill is in keeping it.
I hope you found this useful. Keep up the flow, and may the force be with you.
It's not only in crypto even in forex trading the most important priority is to locked and profit first bearing in mind that that crypto is very volatile a once profitable trade can suddenly reverse and ended up in losses especially future trading now that Bitcoin had reached ATH I knew alot of investors would have taken partial or ful profit to recoup their investment of course prices of cryptocurrencies is unpredictable and for every bullish run there is tendency for a price correction or reversal for how long it's going to last is unknown even using technical analysis to predict the likely resumption of the bullish trend. People lose on their trade its because they are been so greedy for looking up for more profits while there are already a good opportunity showing up in front of them. That's why when the price dump usually they are losing because they want the price to recover and that lead a total disaster on their investment. If they could just able to realize that crypto is fast moving asset that needs to trade once there's opportunity to do it then for sure aspiring traders could able to earn and they can minimize their losses. They really need to know that there's really a big tendency that correction will happen so good decision making is important and they should not ask to much so they can always take advantage on situation when their favorite coin pump and gather profits from this. Greed is never been good and on the time that you wouldnt really be taking profits and the market corrections do hits you then for sure you would really be ending up with that kind of regret on which you didnt even expect because you've been anticipating that the market would really be shooting up forever on which this isnt something a market would really be doing. Take profits when you do have the opportunity and hold onto something which you do believe that you could make huge money in the future.Actually you could really be able to do both things if you do like. If you are really just that sensible on the things that you've been dealing with and having that realistic approach. Take profits into those short term projects and hold for some moon bag on a small portion if you do really love on holding it out but this is really some sort of optional approach because usually when we do make out that sell then it would be an all in sell. |
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I totally agree that technology has transformed the gambling industry, making it more accessible and enticing to a wider range of people. The ability to gamble from anywhere and at any time has played a significant role in the growth of online gambling. The proliferation of mobile devices has also had an impact, as consumers may now gamble on the go. And the introduction of virtual reality gaming has added a new degree of immersion, making it even more appealing to players. It's a very fascinating and ever-changing industry.
But it's important to also note that the emergence of online casinos and mobile app can also create room for individuals to get addicted even faster because having the ability to gamble anytime and anywhere can also make them gamble anyhow. For those who cannot control themselves, this could be really disastrous because they'll find themselves gambling more often which could result to loss chasing, incurring more losses for themselves.
We can see how the internets gives an easiness to many business including in the gambling business. With the advanced of the technology, gambling industries improves their technology by implements the internet to their business and many casinos now spreads their business in the internet. In the future, there will be another changing on the gambling industries since there are many new technologies will be created, including the virtual reality that helps people gets a new experienced for playing gambling. They will use a new gadgets that will connect them to the site and feel the different experiences than before. They can playing gambling in anywhere and anytime they wants without any border. But this can gives more problems complexity because when people doesn't have good self-control or doesn't want to learned about controlling themselves while playing gambling, they will becomes addicted to gambling and that will gives a bad impact to their lives. The more optimized the process gets the easier gamblers lose their control. Gambling at home helped increase the high rate of gambling addicts. This happened as a result of accessibility. Waking up next to our gadgets which leads us to gambling is different from moving from our home to the casino. Gamblers now had to fight the difficulty in controlling themselves from gambling on gadgets each day. Which seem quite impossible. Unlike in the past when gamblers after of period of thoughts can decide not to visit the casino, due to stress or transportation cost. Today gamblers suffer from addiction as the regulatory measures for figuring out underage player is not adequate. Casinos have better advantage on finding out who is underage or not. Online gambling puts lots of risk on teenagers who have the drive for more money. And careless about their self-control. Peeping through the future, one could say that the fresh technologies wouldn't come with one that reduces addiction. It all gets better but facilitates addiction. Which is a problem to the society. Human wares enjoy a well-developed software a lot such that they can't stay a day without using the computer system. Hence, the more developed a software is, the more glued a player would be to his gadget. In a nutshell, the future gets funnier, but may not help in removing addiction. Very well said, if you look at the number of cases of people who were addicted to gambling then compared to today, the number has really swelled because the accessibility of gambling has become modern to everyone, think even those who are of legal age are already skilled gambling using only the phone devices they have. I thought that maybe the Preventions of Gambling addiction should be included in the programs promoted by different organizations in a community so that everyone can be informed of the possible effects it can have on a person if they are allowed to gamble without having self control and limitations. Due to easy access and very that having tons of game types and variants then theres no doubt on why gambling industry had bloated and become that a multi billion industry as of this moment. Just like the rest been saying that this isnt only the industry had become that big due to technological advancement and this is something inevitable. Competition gets tougher and more harder specially into those casino owners that would really be tending up to touch up this industry. It is really that profitable and this is why they would really be that tending to build one but of course this one wont really be that cheap. We can be able to play gambling in the convenience of our own mobile phone on which it would really be just that too easy not only just for you to be able to play but also you do really that can easily make out deposits too and withdrawal. |
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Are investors investing in Bitcoin at ATH now are fools ? Is there chance of major correction from here as prices have already peaked now.
When Bitcoin was trading around $19k and later broke the previous all time high and sail to $65k, will you say those people are food and don't know what they are doing? I don't think they are fool but among them there believers of Bitcoin, they are buying at those levels that hold and also trade for short-term gains, there people that are buying because of fomo, they don't want to lose out and they are doing that because they also believe the price will reach some certain level in the future. What I don't know is how far this run the bulls will reach but buying Bitcoin doesn't make you a loser or a fool, people that were buying when Bitcoin was around previous all time of the previous bull run, some snaet people like you thought the same thing and for the past 12 years, the price has never remain the same. If you hold, there is no way for you to lose unless you sell. There's only two types on which those believers and non-believers and we do included those neutrals too on which they are really just that observing around.We've seen on how far Bitcoin price did able to jump and this is why it would really be better that you shouldnt really be trying out to criticize into those people who had bought on 69k or with these new all time high prices because we do know that we are already reaching out on halving period and what comes next is that bull run that everyone is really that anticipating. We do already have those price projections on where it could be heading up. Yes, there's no assurance to that but at least we've been wary on where it would really be possibly be able to land and possibly be able to reach out. It is really just that there are people who are really always having those doubts. Well, we do have our own choices and decisions in towards into our investments on which it would really be that something that normal that you would really be having those doubts and its up to you whether you would really be risking up yourself on doing such thing or not. |
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Which means it has to be done as quick as possible for us to get a new figure because we all have a target, an expectation on the market price. For almost 5 days if I'm not mistaken, we have been seeing the price running from $70-72k and currently we have Bitcoin price at $73k and it seems is going to be at that amount for the reminder part of this week before some how making a change and I don't think we should be bothered when we get this delay before moving to a new price. So $73k is going to be the amount we get to see for maybe 2 days or more before $74-77k comes in, but $80k+ must be achieved before end of the month. It's already happening, we can see the correction, Bitcoin dropping from price $73k to $69k withing a limited time gap. We should be getting ready to witness another new price mark once we get out of this correction, we may touch the $80k price value in no distant time. The correction is a building block to achieving another whole new all time high. If that were true, then people really wouldn't sell them but would buy a lot. The problem is that no one knows whether this is a correction that will continue or just a short correction before the price finally tests new resistance above $73k. All possibilities will exist and you have to consider them wisely, but you definitely don't need to worry if you have long-term targets with bitcoin right now. The current correction is an opportunity for accumulation, it is hoped that it will provide many returns in the long term. I don't think $80k will be touched before the halving because now we are already too high compared to previous halving history. A correction is much more likely than reaching a higher ATH, but I could be wrong as the current market sentiment is very positive making the price even more difficult to predict. One of the things that people would really be having in mind is on that correction on which we know that this is something that cant really be determined on when it would happen and this is the main thing on where investors or traders would really be trying out to consider before making that all in invest or DCA on which we know that we are still on pre-halving period on which we cant really be able to tell on when it would happen. Pretty sure that people are really that be skeptical on buying on the current prices considering that new ATH's have been made through but not really that too far off with the previous ones on which it would really be normal that there would really be some sort of those questions in mind on when the correction do happen? We've seen the price had made out some rally and bullish movement quite a while now on which it would really be that normal that giving out that kind of vibes that correction is really that next in line. $100k? I should say that it is really that inevitable but we should be minding first about +10k increments breaking out resistances like 80k-90k-100k. For sure this wont really be a smooth ride. |
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Just for discussions and ways to educate or share knowledge with ourselves when and how to draw the line when gambling, because for some reasons, some gamblers have arrived at unstable realities because of the lack of stoppage time while gambling so let's talk.
When do you stop?
Some stop gambling immediately the record a big lose, while others continues when they lose with hope of recovering.
Some other gamblers stop playing when the win they first few games, while other continue to chase the loses, and technically ww can tell in accuracy when this things happens, but when is the best time to stop gambling and take a break?
1-when you lose?
2- when you win?
The best time for you to stop is on the time that you are aware that you've been losing up tons of money or simply you've been able to notice out that you are already that spending the money that you shouldnt really be spending like your life savings or emergency funds on which this is a solid indication that you are already that excessively playing gambling and shouldnt really be that spending those funds. Gambling isnt really that bad if you are really just that responsible and if you are really that someone who doesnt really have mind off or been not wary on the things that you've been dealing with then sooner or later you would really be able to experience the worst and this is something that you would really be regreting if you dont tend to have such control. |
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Actually, these teachers or lecturers are working under the system & system makes their mentality weak i hope you are getting the term here "system" These teachers and lecturers are not growing due to their mentality of working under someone who used to give them a specific amount. We are also prey to that system as we are getting an education by spending half of our life and once we have done with our studies that system offers us a job to work under them instead of that they should educate us how to run a successful business.
If we want to achieve success in our lives we have to work out of that system well this is the reason we have never seen a teacher as a rich personality. We should learn different skills and implement them in our physical life and this may help us to grow fastly in real time. Besides this if we talk about saving amount over investment. in my opinion, investing somewhere is a good thing but we should never invest all of our savings at once because in case, If we have lost our invested value we are still in safe hands. Playing safe is the best recommendation. Many Thanks!
The trick is not to get out of the system, because education is important part of the proof. I would say, studying and being within the system and STILL do better without their situation is the key. I did that, I studied and finished college, did well enough at education and never used my diploma even once. If you end up failing the system, then you are going to do something but people will always look at you as someone who couldn't hack it within the system and that is why you took a risk, there are tens of thousands of people who try outside of the system and fail, so a few good ones could be chulk up to luck. But if you do get the study, and finish, and still find your own path, they can't argue that it was luck, because you did what you wanted, but you also did what they did and still managed both. It is really just that wrong that you would really be putting up into your mind that diploma or education wont really be that important on which this is really that still much needed on which we know that this is a solid foundation that you could have not only to have that edge among other people who doesnt have diploma but also having that knowledge on which others isnt aware of. Although there are people who are really able to survive despite on having no education or having no diploma but still they do able to make themselves do succeed but of course it would really be that depending on how well you do able to hover up yourself on such situation. Savings or investment it would really be that just depending into your own approach. Not all would really be that mindful in this regard and they would really be that making adjustments as long they could be able to sustain on whatever situations that they might be able to face on. |
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I wonder in what way we can help in choosing for someone what coin or token he should invest on when we are having a number of them all available fir selection, and he can also engage in making research about what he wants, then make a selection and invest on it, but before this could be achieved, learning would have taken place, we need to understand how to invest and which coin to make an investment on.
Of course, the recommendations obtained must also be followed by personal re-analysis by anyone who will use the recommendations. Different things might happen if the person receiving the advice is someone who has no experience in investing. What happens, he may be like someone who gets and trusts the trading signals from the channel to use. There is no reanalysis and only uses signals. We must be wiser in determining investment assets. we can ask for advice from other people. but we have to understand that the person taking the risk is ourselves, don't blame other people if something goes wrong. Also it would really be just that a normal approach you do have to do or consider on doing so and just like on what you've said that not every recommendations would really be getting on the same results because along the way you would really be affected by those factors on which it could cause for you to panic sell your position or any other things which might cause up that different outcomes even if we do say that you are really just that simply following someones calls and investment recommendations.It would be always that better that you should really be trying out to assess whether these calls and investment tips would be viable and considerable on your part. In overall then it would really be better that you should really be that investing with your own method and analysis on which this is something that much more worth than on trying out to mimic someone and doesnt really have those kind of considerations on checking it out. |
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Dear in my honest opinion, there is no specific time periode in which we can be the experts in this space of trading because trading is so unexpected space where the market sometimes takes some undesired, unwanted, unexpected steps that traders are unaware of these things sometimes that why expecting that I can learn in the specific time period is the hard thing in my opinion.
On the other hand, I would say you can not 100% expert in the space of cryptocurrency but yes you can poolish yourself by giving it your quality time and this may give you a good advantage/benefit of earning good profit. I personally believe that we always stay on the learning stage because who says I have all the knowledge is just like a sparrow who just sipped a drop of water from the big jaint sea so we should never think that now I have the 100% knowledge of any specific field. What do you say on this?
To be able to become an expert in the crypto field, especially in terms of trading, we cannot determine a time limit to be able to master trading well, because those who already have a lot of experience in the field of trading still have to continue to update their knowledge about trading so as not to make the wrong decisions. Yes, of course the knowledge we have is only a small part of the vast amount of knowledge that exists, so it is very important for us to continue studying everything well so that we can do well what we have learned. Perhaps, it is necessary knowing that the crypto market is also changing as we need to cope with those changes in order not to get behind. As we continue doing a trade, we also continue learning, our daily experience gives us such things. Even though we have been doing this for several years, we never be confident enough but rather stay aware and prepared. We just stop learning until the moment we stop trading as well. So, for newbies, it is better not to a5sk when to stop but instead, make a habit of learning more because this is one of tickets to success. well said dear if one has stopped by thinking about the knowledge he/she gained or have in a specific period of time this thought can cause some trouble in the future for him/her. As we know that market sentiments keep changing from time to time and always stay unexpected. To overcome these problems or trouble we have to stay up to date or stay on the track of learning. You guys may also have faced or seen these kinds of situations where an expert giving a signal or sharing a future analysis for the market that may occur in the coming time and his/her shared signals/analysis was wrong not because of he/she has not a good amount of knowledge about the market it happens because marker sometimes makes an undesired, unexpected move which in result experts also can be wrong sometimes. There is a famous saying in the crypto space that nobody can predict 100% correctly the market sentiments, move so that why we have to keep gaining the knowledge which makes us more poolish. Dont put up limits or dont put any duration because once you do set those kind of periods or times then you would really be rushing up yourself on learning it specially if its already that near on your deadline target. We do know that learning trading is never been that a simple skills that you could really be able to know or get on a short period of time. It would neither be months or even years depending on how fast you would really be able to learn up yourself because we know that not all people would really be having on the same mindset and iq on trying out to learn up things and this is why it would really be differing when it comes to duration The important thing on here is that you shouldnt really be rushing up yourself on doing such because once that panic will really be starting. Learn up along the way with your own experience and knowledge that you could be having on the situations that you would be facing because there's no fix time or duration on when you could really be able to make yourself learnt up completely. |
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As gambler when last did you self-examine your gambling habit to create that awareness based on how you are gambling in order for you to be quite sure if you're within a considerable or an acceptable range of a gambling habit that is void of addiction or the tendencies of gambling addiction.
I think if gamblers could take certain step in setting up regular self examining question towards themself it will be helpful to them in their gambling life not to ignorantly be harbouring a gambling addiction or compulsive gambling lifestyle. Quite a number of gamblers are nursing an addictive gambling habit without knowing and for them their gambling life is normal but if they should genuinely scrutinize or put their habit to test it is possible they could find varied errors to correct and be right on track again.
Don't you think so?
When you are really that still spending the amount on which you can afford to lose and didnt able to compromise your life savings then you are really just that actually doing fine. People do really need to be wary on the actions that they are taking whether they are really that still on the right path or already that been lost of track. Whenever you've seen that you are already spending on the amount on which you cant afford to lose then it would be always best to have that kind of limit or moderation so that you wont really be making yourself that put up on huge trouble. The only thing that you should really be mindful about is on that you should really be nothing letting yourself lose too much money. Dont compromise your life savings. Dont compromise your emergency funds. Dont compromise those amount which are intended for investment. You would be finding yourself on such great trouble if you are really that irresponsible with your actions. |
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I don't know, I don't think this is a surprise, even though this is the first time. The incremental price reached was $72,900, but then came down gradually and is currently around $71k. Some investors may have sold their bitcoin at a high price, but this is not wrong because basically the price will continue to fluctuate which they will most likely take advantage of. Buy now or sell is fine in my opinion, but it's better to hold because the potential for a high ATH is very likely to occur after the halving.
I very much believe that until the halving we won't see any real bullrun, the current bullish trend is due to ETF heavily influenced by the fact that ETF right now managed 200,000 BTC and that causes lack of supply in the market same thing with ethereum but it just means a good omen that in the future after halving where scarcity become a real thing for bitcoin its gonna be getting better and better. trust me we are just starting $100k is easy for bitcoin this time around too much good thing is happening that im sure in the future the market sentiment will become better and better and go towards bullish. my take though, I think hold on the coin until at least $100k and get as much profit as you can. Im doing this too in favour of me in the future who will definitely gonna be grateful for holding bitcoin for sufficient time. despite many people thinking of exiting this time around though I don't believe majority thinks that people are still bagging so hard right now. Yeah, when it comes to influence then we can say that ETF did really give out that big part or influence with these current movements which it did really make out that kind of boost but of course we arent still that in bull run yet which we do know that it would be always happening after the halving and seeing these current pump prices is the gradual increase of the market since we are really that heading on bull run market on which it would really be just normal to assume that we would really be able to observe these gradual price rise. It is really just that good to look at that the price did break out those all time highs. Get surprised? Its not surprising because anything could happen on this market on which on the time you do saw its impossible but it did really happen. This is why it would be always best that you should secure your position before everything would go to the moon not only with Bitcoin but also in other coins as well. |
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I've been holding BTC since 2020. 2 weeks ago when inflation data came out saying core CPI went up a lot i sold my BTC at 18,000$.At first it seemed i made right choice since stocks went almost -3% premarket and i thought we're gonna have final capitulation in both stocks and BTC, that it will go down to 13-15k.
Well when market opened everything just went up, ended like almost +3% at the end of the day. It was the perfect explanation why you shouldn't time the market. I made a huge mistake and i really refuse to buy BTC at now higher price.
It really seems BTC bottomed at 17.5k and stocks(SP 500) at 3480.
Now market is pumping like crazy,its obvious we won't go back to 18k or below.
Good luck to all, i hope you're smarter than me
Edit: i updated my post at #103
In your position why not have initiative to buy exactly you earned profit with selling Bitcoin around price $18,000 and several days later bitcoin dropped -3% until $15,000 and you have much fund from selling your bitcoin before. I know some people on afraid position exactly with bad news from CPI have many bad news and make some investors are selling their bitcoin in lower price. Looking for current bitcoin market price more drastically I think you was disappointed with your ideas have to sell bitcoin in $18,000 but you can take lesson for the future don't sell all out your fund but left few percent your bitcoin assets for holding. If you have initiative to be long term holding don't afraid how drop drastically with bitcoin price and remember when bitcoin success raise all time high above $65k with potential always have new all time high price for bitcoin in the future. Whenever you do make yourself that too active on checking out news every now and then specially into those common or traditional stocks/forex events or whatsoever it would be correlated to this then you would really be likely on having that consideration on selling out your position. For sure OP isnt the only one who had made out such decision on shorting into those levels and there are tons but the only thing on what OP did is that he made out some DCA. Wondering if he do still able to make up or accumulation when the price is still 40k? If we do see the price now then it is really that making new all time highs then you would really be able to tell to yourself that you had made out the right choice. It is really just that there are people who are really that too negative or skeptical on purchasing Bitcoins or any coin in the market whenever we do hit that extreme dump or crash in the market but well its just normal since we are really just that humans. |
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Sincerely the concept of savings has made some persons poor,but many won't realize the fact that saving don't make the difference but investing does.
Am not saying saving isn't good, but my point is saving doesn't make one wealthy, the worst advice we recieve is 'save for tomorrow' but only few lay emphasis on the need to 'invest for tomorrow'.
So I would greatly say we invest some of our profits from bitcoin in to other stuff, than just holding it or using it for pleasure. The rare truth is how we believe bitcoin can change the game, so other systems are developing so we shouldn't be blindfolded.
Invest because savings doesn't increase or builds, investing is what gives you the life you want.
Let discuss this guys..
No matter how many bitcoin you hold you can still misuse the money, so we should understand the concept of Richness and Wealth.
Saving fiat for the future and saving bitcoin as fiat is a big difference. Because of fiat, if you save it in your house, you won't put it in the bank. The only thing that will be a fight there is a 1:1 ratio. The only advantage is that you can use the savings anytime during emergencies, although the non-it's just nice that we can also use it for useless things because the money is hidden in your house. If you put it in the bank with only a small interest, then you can't just take out all your money. Unlike with bitcoin, it can happen that the capital in the future can be doubled or more because of the volatility it has. Second, you can also trade it on any exchange in this field of the crypto industry. Storing up some cash into your own home and wont really be tending to make use of Banks then it would be on someones choice though but its true that when it comes to possible situations is that on the time that you do make your own home as storage with your fiat then risks on spending it would really be high specially into those things which arent supposed to be bought or something that would be needing to deal with. Even on how much we do hate up banks but when it comes to security that it do gives that kind of assurance at least that your money is safe but of course it would be having its cons too in comparing when it comes to potential increase or profits overtime. This is why some people would really be opting on having those kind of savings on crypto form.Why? It is surely because of its income or profit potential on just simply holding it on a period of time whether going for short term or long term then it would really be that matter for you. It is really just that impossible that someone couldnt be able to determine on which one is worth and which one it isnt. |
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So i want to know as a gambler that you are, do you feel following those betting predictions from those sites would favour us in gambling more than our own predictions? For me i trust my predictions and i have won more when i predict for myself than letting someone predict for me.
I think betting predictions from websites are for reference only, we should only see how they analyze to make those predictions, thereby supplementing our analysis. The final decision must still come from our own analysis. I often participate in soccer betting, so I often refer to their analysis and predictions, but if it doesn't match my thoughts, I still skip it. Sometimes, their predictions are influenced by a third party that we will not know clearly. It could be that a certain bookmaker is sponsoring them, or sometimes it's an innocuous prediction with no convincing basis at all. It should really be just for reference if you are trying out to compare your analysis with others analysis on which you could actually make out some advantage and could increase that winning chance if you do really have that kind of trying out to compare in between those things. There are really just that there were people who are really that fond on following someone and wont really be that confident when it comes into their analysis and thats why they are really that relying with others analysis because neither they arent that confident with their analysis or simply they are really just that lazy on doing so. You would really be finding it that it would really be regrettable once you do make out some bets basing up with others suggestions and turns out to be a loss then you would be making those realizations. |
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I have experienced where when I have made a profit but it continues to be ignored because I believe the profit level will increase but what happens is that it goes down to the lowest value as a result there is regret why not take advantage at that time, but I realize that it is greed that humans have experienced.
The only one wants to take long-term profits by simply HODL Bitcoin that's all.
But we have experienced where choosing several altcoins in the hope of more profit which can be said to be a quick profit in the short term but often does not have a sales target with no management, everything will be a mess.
I guess we all have experienced things like this because of greed and misconceptions about bitcoin and even to the rest of the crypto coins. But one huge loss is enough for a wise investor, so he won’t repeat the same mistake again and still end up losing. The challenge here is not actually to maximize our future profits, but controlling our greed in order to take profits when the market is capable to, and knowing when to keep on hodling while others are greedy to sell. Once you do gain up that experience then it would really be impossible that you wont really be able to make yourself learn out of those mistakes that you've been able to commit out. This is something that a very part of trading on which loses is really your best teacher and on the time that you would really be experiencing those unfortunate conditions then you would really be normally be adjusting into that on which this is really just that common sense. This is why it would really be always better that you should really be that adaptive and versatile once you do hover yourself towards the market on which there would really be no guarantees about making profits. You would really be needing to adjust accordingly if you have seen that you are really having that high chance of lossing on which we know that this is something inevitable. If you wont really be making out those adjustments then you are really that bound into such disaster and this is something that we must avoid as much as we can. |
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cost? scam? believe? Data cocoon room? This is probably why we are afraid to buy new token. So, starting tomorrow, I plan to take the first step to learn about an unknown token. Everyone is welcome to recommend, and the flag is here.  Your money your rules Your money your choice Your money you full rights When it comes on investing on new projects then it would really be that entirely be depending on you on which it would really be just that common that there would really be those people who would really be skeptical on investing into new projects but eventually you could really be able to make money if you do able to hit up the right spot. Not all good looking and good utility kind of project do able to pump out. It would be always be something that needs up for some community support and recognition on which this is something i should say that on where one of the main or biggest factor that could make a project do pump. |
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