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I can't say it was impossible but honestly, that is way too far to reach. But it was really worth it to invest if ever we reach that price? Or does it only add more worries and risk?
We already have this great achievement of Bitcoin and reaching almost $70k at its peak is remarkable. I don't think there is a concrete reason that brought Bitcoin price to a million dollars because even reaching $100k is already too expensive thous we can apply the DCAing strategy. Poor people will no longer invest in Bitcoin anymore if that ever happens in the future.
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Whatever we do, having self-control is quite important. Many people not just in the investing industry have failed but also in others like businesses because of the lack of control and planned activities will certainly lead to major losses and failures. Keep in mind that every single mistake we make has something that ends with bad results. Therefore, it is a need for us to think several times before proceeding to what we think. Failure is not a thing to be afraid of but avoiding them is necessary if we know that there is a way. We can't think right if we never fail, so let us accept that this is gonna happen in real life.
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And if they experience more losses because they have spent more time, they should reduce their gambling time or activities because they could experience more losses. Using more time to gamble does not guarantee that they will win, but they can lose more than before. For this reason, they must be aware that the decision to increase their gambling time does not need to be taken to prevent more losses.
We must reduce or limit our gambling activities to prevent large losses. And we can still enjoy gambling games with enough time, especially if we only gamble for fun. Those who want to gamble longer should be able to think about the risk of losing more, which could cost them all their money.
The more time a player devotes to the game, the faster he will lose his money (if he does not reach the jackpot). In general, I am not against the fact that a player spends a lot of time gambling, but then he must answer the question of how he wins, if he is sure that he will win in the end, be it the casino or other players. Does he develop at the same time, such as poker skills, does this happen every day. If the answer is yes, then that's good. But if a player presses the button and spins, hoping only for luck, then I’m almost sure that he will lose everything completely, because there is no development at all in this type of game. How does he imagine his future life, for example, in 5 years, he will still press the same button and the jackpot will fall on his head? I doubt it. Sometimes I even think that these are just lazy people who don’t want to do anything. Maybe it's time for them to think about it? No doubt that the more we spend time gambling, the more we spend money at a loss. But I just wonder why many people are still doing this despite the know the possible results. Maybe in the reason that they have been chasing back the losses in the past days and they keep thinking that luck will come around so they keep gambling. And such kind of thinking leads them to another loss, repeated again and again until they are found guilty of their wrong assumptions and decide to stop. Unless we are rich people who don't care about losing. But for poor or average people, this cannot be and should not be made habitual, or else, they just fool themselves. |
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Those who think big and take risks will always find ways to improve and succeed but if we always feel uncertain and afraid, nothing we get but to remain where we are today.
Just like hearing many people regretting for not buying Bitcoin earlier and the reason are just the same - luck of trust and doubts.
But no doubts that early investors had made their right decision and having a proof of the potentiality of Bitcoin. Not all are able to understand and appreciate but have been said that only those who have guts to take risk will be paid off. If we can just turn back the time, I was too certain that if not thousands, probably millions of people will buy Bitcoin.
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Some people are the opposite, "enjoy life while still young as we cannot do it anymore when we grow old".
That is why many people got old and broke. Many individuals who have huge salaries/incomes end up relying on their pensions.
It is for someone who can think and prepare for their future, they are working hard at a young age, have savings and business, and enjoy life at 40 years old. While some people are working hard and have a luxurious life every day, at the age of 40 they are still working to sustain their living.
It is a choice and what we do it now is also what we harvest in the future.
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Trading is certainly an individual’s knowledge and skills, and should be developed on your own self through accumulation of first hand insights and experiences that will definitely build you to be a reputable and reliable trader. If you can do that successfully, most likely majority of your trades will create a positive outcome, and a successful profit.
While trading can be build and developed all by yourself, a lot of us here are still seen being reliant to other’s market analysis skill and knowledge because they have seen successful trading from them. This makes an unhealthy trading because you depend your success from other people which I think is certainly not a good practice for a responsible trader.
A copy trading comes from the thinking that they could make a shortcut in trading and earn a profit faster. They assume that by following these successful traders and using their strategies they could be like them which is very unfortunate that never happens in real life. Many traders have been in such a situation and yeah, they all had failed. Because in order to succeed in trading, we must trust ourselves more than we trust others. To reach success, we also have to carry ourselves there. We may learn from others but that doesn't mean that we have to rely on them for a long time instead, continue our journey on our own. |
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The more we think about money, the more possible we fall into scams because these scam projects offer good-to-be true rewards that could really tempt someone. And very unfortunate that this is what actually happened to most of us before we found out that it was a scam.
- stay informed
- take extra effort to do research
- never rush
- be cautious in new projects
Legit projects don't offer huge shares but scam projects offer impossible things...it is easy to find them out unless we think always about money.
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gambling every day will get better, in other words, you will be closer to winning, it cannot be justified, in my opinion playing every day has the same chance of winning as playing once a year, those words are only to influence us, so that we fall into it, maybe we Can you see directly the condition of those who gamble regularly, do they win or lose more? Of course we know the answer  The answer is they even lose more than winning. This is not a kind of job or skill that the more we practice, the more we become knowledgeable but gambling is different. What we get from gambling every day is just experience but this never increases our chance of winning, if we are too lucky we still win even though we are new. Gambling every day never helps in general but instead, this would only contribute to more stress and addiction. Perhaps, this is not a good practice and this is not considered as responsible gambling. |
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So the earlier every newbie interested trader understands that the period he/she could use to seriously learn how to trade no matter how short the period could be in acquiring the right ideas/knowledge about trading to make you selfreliance, you'll be exhuming yourself from days to years of reliance on signals that not even have the potent to making you profit compared to that which comes directly out of your own self-made analytical work.
Newbies not know about the trading strategy and how to work it actually that's why they asking like this. because they think trading is easy and it can bring a good profit and it only require investment but they Don't know this is high risky and it require a potential analyses to get a good return of profit. trading not for everyone they actually not ready to accept it. but when they achieve some knowledge then they realize what kind of mistake they did on beginning lavel A common problem is that newbies pretend to be knowledgeable about trading but they are empty. They just know how to buy and sell but it is not enough to become a profitable trader, it actually needs deep understanding and technical knowledge. I would not recommend them to learn trading alone but better to have a trusted someone to accompany with. However, doing this would never be long at least gaining some experience and ideas about the real trading life will be good enough to stand and trade alone. In fact, everything can be learned as we continue to trade - learn from mistakes. Perhaps, nobody had started with full of knowledge and skill but they acquired this along the way. We can do the same for sure... |
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A successful doesn't just have a good market judgment but also has a good healthy practice. And over-trading is not a practice by them, it is just for those who are chasing their losses thinking that it could help to recover but not knowing this could also be the reason for incurring more losses.
I have noticed that over trading is the main characteristics of newbie traders and that is because of anxiety, greed, lack of self discipline. These factors will make such a trader to lose his emotion to control his trade. In fact, a new trader barely understand what is happening in the market and only what to chase every candlesticks like his mentor has mentioned candlesticks to him. Successful traders are those who have lost their money over the years and probably learn their mistake that they make and now get better with such experience. I believe a trader who is new and making profit is not yet successful until you have been experienced because at the time the profit is coming, it may be you are on the right trend but if the trend change, that comes the real trade challenge. Patience is important to be a successful trader. It means that we have to experience losses and mistakes first before becoming a successful trader. And it tells us that those who can't bear to accept struggles and market difficulties, can never reach their goal, they just give up and blame the market. That is why we could say that winning life in trading is too difficult because even though trading tools are given already but still we are not able to make it right, things are too hard in a volatile market. If we don't have the passion to do this, we never stay long. |
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We feel regret because we saw the price of Bitcoin keep on growing but many years ago, we felt worries about its future and decided to sell them earlier as possible. I see that negative thinking mostly influences us all the time, especially when a crisis comes.
Even though we talk about holding as the key to success, it is out from realization as people still sell their Bitcoin. I'd think that selling is normal because not all are long-term holders, some are impatient, and some always live in doubt which is pretty hard for them to hold.
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Hello senior citizens and my fellow newbies gambler's, now I gat a straight forward question for you all.
How do I prepare myself for my first gambling experience?
What are the things I should expect as a first time gambler?
How do we react to my first gambling results be it winning or lose?
Thank you all for your helpful opinions.
As far as I know, most gamblers who take up gambling for the first time definitely start with a little prior experience from someone. But when a gambler gambles by himself, that is the moment for him. It will definitely give a slightly different impression. Because the first gambling is exciting for a gambler whether he wins or loses. When I first started gambling I won there. I was very happy that day because of that win. I thought if I could handle more gambling this way I could own more money very quickly. But the sad thing was that the next bet I most likely lost. But I developed a great interest in gambling. A gambler will naturally be more excited for the first bet. I had the same experience before and I thought everything went so well and big wins. I don't think it was the program or protocol of the site to give newcomers a chance to win in their first bet in order to feel the excitement and think "I can make more money here" and gamble more. It is a welcoming experience, I see and real gambling comes next. Sometimes we could think it was a trap but doesn't matter, as long as we having fun, making more losses than winning is okay. This is gambling, luck doesn't come always. |
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Buy it while you can afford to buy it don't just wait with hesitation because of the empty hope that bitcoin will go down again because if that doesn't happen your opportunity will be lost so in this case as long as you are able you must make a purchase.
As for when bitcoin has decreased again, there is nothing wrong with buying if you still have money left over because it is also a good thing to do.
At least until now, i have done such a concept where I will buy regardless of whether bitcoin will go up or down but as long as i can afford to buy I will buy it of course with the money that is budgeted for the purchase of bitcoin because in 1 month I always budget some of my money to buy bitcoin every week.
Some people have the wrong idea of buying, they just buy when the price is going up but not during the correction because they think that it is easy for them to make money and not to wait longer rather than buying at cheap which they waited several months or years to earn a profit. But I have no claim if that strategy is right or wrong as we can make our own way of earning because what is important is that we all reach our main goal - PROFIT. In this market, we can't say when is the perfect time to buy but at least buying at a cheap price is best. However, it is not all about when to buy but also we need to learn how to hold. |
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Well, a lot of people assume that it is okay to invest in crypto without knowledge about this. They just underestimate the volatility of the market and think, I could make more profit without doing anything. They'll find it wrong and realize their fault after disappointments.
If we dare can't spend time doing research, understanding the market behavior, etc...we'd rather not try because as other members are saying, we only just fail and get hurt. That is why we should stop assuming it all be okay but rather prepare for the risk and enhance our knowledge because this is the only way it helps us to succeed or else, we fail.
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I can't picture out how it feels but if ever it happened, it would be a big shame on myself for not guiding them to the right path. As he already knows how to steal from me, he could possibly steal things from others. It should be stopped before it gets worse and before it becomes a habit.
Even though that kid won the bet but because it was coming from stealing, we could say thanks instead, telling them that it is not right and should not be happening again. This kid of behavior should not be tolerated or else, it is just like we are telling them to do steal more.
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To me that actions shows that the addict is still very responsible and knows what he is doing, but just that, he can't control his gambling urge, so at that, we don't need to generalized things, since we already know that every individual have they own difference's and ways of doing things.
Others are just putting too much negative to the term "addicted". Not all addicted are considered on the verge now of becoming crazy. I truly believe that there are lots of addicted gamblers that are responsible on other aspects of their life. They just do gambling maybe because of personal reasons and seems these addicted gamblers can afford to cover their gambling expenses without affecting their finance on their family. If only all addicted gamblers are like that then we might see a healthy gambling environment but that's not possible to happened at everyone. Addiction is a term used for someone who makes gambling their life and it is not a healthy condition. But if you talk about responsible gamblers, it refers to people who gamble based on their limitations and enjoyment. Not in the case of addiction where you are in the state of having no fulfillment and enjoyment. What is in their mind is the urge to play unlike how these responsible gamblers behaving their gambling habits. Gambling addiction doesn't just compromise our finances but our whole life... |
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Trading is something where you need to know analysis, money management, analysis risk, maintain loss, Control Your Emotions and so on. Well I believe its good to have your own stretegy rather than following others. But everyone has different mindset, so are for their trading Strategies. Can you share yours, so that other one could learn from you and can do improvement in himself? Thanks
You need to observe the market behavior and learn from it. Things in trading can't be easy a big opposite of what most people thought. Of course, people can say it is simple and easy but when we are doing this in an actual scenario, it absolutely blows our mind and asks what we should have to do especially in a critical situation. Yes, in really need self-control and focus, and also, we need to enjoy what we are doing just to remove pressure. We don't need to set high goals but instead, make them achievable and not ambitious. Why? We are just starting, we are not fully ready to aim high better started from low to high. |
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It is important to know that not all gamblers who say they have won actually have. Some people lie about their wins to lessen worries or advice that tells them to stop gambling or limit their activities. People often act dishonestly when they don't like what other people think or say about their losing gaming experiences. This makes them feel better by giving the impression that they are successful. This shows how important it is to have open and honest conversations about how to gamble responsibly and the problems that can come up with compulsive behaviors.
Lying about the winnings he achieved is quite strange in my opinion because there is no benefit except that he is influencing people to be interested in playing and registering at the casino using his referral link so that he will get benefits from people who play through his link. In fact, it is impossible for a gambler to never win, perhaps what is more accurate is a gambler who cannot make a profit because the winnings he gets are smaller than what he has spent, but of course, he has already won and he can use that winning to influence people, whatever their motivation, but it is better we are not tempted by that because the results we get will not be the same as he get, but if we still do it then do it with full awareness that the results might be different. And whether they were telling the truth or not, it was not our problem instead, they were also losers. But as I noticed, gambling winners usually never say publicly that they win, they prefer to keep it silent which is why it was unbelievable to someone who claim that they win as it is possibly a big lie. Maybe the purpose of such exposure is to grab attention and give motivation to the other gamblers to gamble more, a sort of mind manipulation. A strategy that is usually practiced by some sites hiring influential individuals to show their (fake winnings). |
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