In my trading experience, people mostly fail due to a lack of preparation and bad trading psychology. Now, let me break it down a bit, the lack of preparation could be the inability of the trader to be able to secure a viable trading strategy and management that will help such to in turn build a good trading system. In the absence of this, there is nothing you are doing in trading that can ever be successful because you never had that good direction finder (signal) and the account protector (management) which are the main things important in the market for any traders trying to find their firm feet in the market.

The second part is psychology, if this is wrong, no matter how good your trading system and plans are, they will always fail you in this situation. I am a living witness to this and it affected me for many years despite having a time-tested trading system yet, I failed in trading for too long simply because of bad trading psychology. However, this trading psychology is in categories, one might be your case while another might be the case of others. Just like you might not be greedy, but you are just too anxious, and this anxiety is an issue in trading. To some, it is fear of the unknown, to others, it is curiosity and the love of their money. If the money is too precious to you or it is such that you can't afford to lose, it is a serious issue. This is why I urge every trader to be self-disciplined when trading, you should do what you plan to do and shun any temptation whatsoever.

Thank you for this, but I must say that they can guide us but are not the sure ways to avoid being the victim of rug pull. The surest way is to avoid being greedy, wait for the listing of a good project and know the brains behind it as it is in some. Rug pull is happening regularly in cryptocurrency and outside it and it is mostly because the projects in question are either scams from the beginning or the developers and the brains behind it just decided to be greedy at a point. It could be a failed project in some cases too. But what is important is for us to ensure that we are not too forward due to FOMO. However, this advice could one one-sided too as some people have been greedy and too rushed to buy some projects and they are now millionaires due to that. Without risk, no one can be outstanding, so let's keep on taking risks but just be wise with it.

OP, I think you read the article too much to the extent that you are mixing facts, or perhaps you didn't get it at all. Well, Bitcoin is a decentralised system, which means that no central authority is involved here, which I will still not totally agree with since miners have the right to change some things if they vote and the majority wins the vote. Only that they can't control your transaction like the central system will do. Also, for payments, Bitcoin is a good one, it has solved the issues and difficulties we often face with cross-border payments, but still, banking transactions are better when it is local. It is the wire transfer, MoneyGram/Western Union and the like that are exploitative. However, if one pays through the existing fiats payment services, the transactions are reduced but could still be higher than that of Bitcoin when it is normal. But in some abnormal Bitcoin transaction fees, one can still be paying over $35 per transaction, which makes it inconsistent in this regard.

Lastly, about the economies, I will advise you to drop that, Bitcoin will rather hurt the economy due to its decentralised system and the 21, million BTC max circulation supply. Presently, Bitcoin is hurting many countries' economies unnoticed, including mine, and it is all due to its decentralised nature of it. FX import and export are important to the process of the nation, but Bitcoin is not allowing it to be known per country, especially the FX imports, this is worse for consuming nations.

You are only confused because you are still new to the system and I don't think that your teacher is wrong but you are the one who couldn't differentiate between investment and trading. Trading and investment are not the same thing even though you are still investing by trading, and one is more risky than the other, and in trading, if you tarry too much in taking your profits depending risk you take, it might be catastrophic, which is what I believe your teacher was trying to tell you. Yes, it is good to take your profits, this is mainly because the market might reverse back against you and you might lose both the profits and your entire money if care is not taken.

For this, while trading, you have to also use the stop loss so that you will know the maximum amount you can lose and this reduces fear and tension in trading. But for investment, you can buy the asset and leave it, it is less risky, and you may not even look at it for years if it is such that you trust that much. In that, you might not be bothered to be watching your profits to avoid emotions and bad investment decisions. You can continue to HODL it and you will be just fine.

Do you understand now?

Whether the SEC approves the ETF or not, Bitcoin will reach $100,000, it is only a matter of time. It wasn't ETF when Bitcoin started its journey from the $0 level, and it wasn't ETF when it journeyed to about $69,000 ATH and also wasn't ETF when it has been moving higher in multiples of its price in all post-halving effects. So I see the ETF remark as one overexaggerated point all the time that gained too much popularity than is due. Bitcoin is an asset, and not only that, it is an asset that is easily accessible by anyone. So, people can buy and invest in it through various means even without ETF and the market capitalization continues to grow without the ETF, so what?

Why did you now think the ETF will be the boss for any reason on Bitcoin matters? Bitcoin has been in the mainstream of the financial market also before the ETF, I wonder why people overtake this. Well, all I know is that halving is the best focus for all true Bitcoin investors, this is a Bitcoin tradition that often attracts demand for the coin. The FOMO will make it rise higher over time, while the anticipation might cause some pre and post-halving effects which I believe will be positive this time in both cases.

In my opinion, miners have been exploitative as far as Bitcoin is concerned, the income does not flow anywhere but to them only which makes it very bad and ill-planned. This can only happen in a decentralised system where no one can do anything unless to follow such a process already structured. This is ugly to me and whenever I think about it, it is so annoying as Bitcoin encourages a monopolistic system, which I know that Satoshi didn't plan well, and had it been he didn't leave everything like he did, he would have resolved it justifiably.

$11M in just a day? That is so huge, and that means that within a few months, they would have each pocketed hundreds of millions of dollars and this is unchallenged because the system has already favoured them unless the whole overhauling will happen which I know sooner or later this will happen. To make matters worse, these miners don't care about Bitcoin itself but the business they make around it, if not, they would have voted for developers to do something about the high fees associated with it. For now, it is business as usual, so let us fold our arms and watch as our hands are tied on this no matter how pissed we are.

I disagree with you that it is difficult to predict what will happen before and after halving, and as a matter of fact, it is easy to know what will happen, only that it is not certain and that is how every market is with or without halving. All that is good to do at this point is to continue to be more conversant with the happenings around the market, especially the economic data, and the inflow and outflow news among others. Also, you should be conversant with the technical chart reading which I will tell you to be more focused upon. You see, what is happening in the market will not just happen, they are there on the charts as well except you can't just read it correctly.

I've been in the market during the worst times, I mean the time that the market will be so uncertain, the time that it will be so unusual, too volatile and scary, yet, the technical chart has always been my good guide. This is what I believe everyone should use this time both before and after halving so that we will not be a blind follower of the history/tradition in relation to what is coming. Also, DCA is a very good approach as you advised, after all, it is good in any market condition, and since this is an investment and not trading, it will be no issue at all.

Bro, you are wrong. You are using a different school of thought which doesn't relate at all with this subject matter. A risk is a risk, whether big or small, or whether you can afford to lose it or not. So long as it is not what you are certain about that you are betting for, you are taking a risk, my brother. Affordability doesn't eliminate risk, you are only reasonable, calculative and managerial in that regard of limiting the risk, which is also what is advised for those who want to be a responsible gambler.

But in your case, you are actually referring to the psychology of the betting, it doesn't relate to risk, nonetheless, you are taking a risk as that is not an automatic way you will earn, but rather a possibility that you can win or lose through it but still commit the money (risk). Anyone who is gaming without anything monetary is involvements are those you can be telling that. Perhaps you might even tell some people that you will compensate them if they win you, but that is a different ball game. However, by natural principle, if you bet through a casino or sportsbook, even if it is a $0.00000001 wager, you actually took a risk on the money and there is no amount of explanation that can change that unless you know within yourself that you are only giving the casino that money for free.

Your story is funny, so without gambling, they can't know their luck gauge? That is unthinkable to me. I am sure that they will be disappointed if the most fortunate person among them is the most unlucky in gambling. What they are trying to get doesn't just correlate to gambling or how to know the luck fate of a person, they should rather focus on what is important and shun a myth like this.

Luck is an expression and because you are lucky today doesn't mean that you are better, and luck as it is doesn't work the same way all the time or be always available to people who even had it initially. Time changes, and so are actions and reactions that we can see and the ones we can't see. Anyone who wants to be lucky in life should learn, act and pray. If it is in gambling, such should only try to gain experience and good technical know-how but never believe that anything can be 100% certain no matter how promising it is to them.

Also about your question, I don't think I am a fan of many myths that do not relate well. The only viable one I know is that "If you don't take a risk, you can't gain." This, I believe is practical enough.

With guessing work? Heck no, such a person can't build a gambling career on that, and you should know that what you and those guys participated in is purely based on instinct and luck, they will not carry you anywhere in gambling.

This might freak you or the other guys if you guessed more accurately on that day, but such luck changes over time. This is why you might do well in such an activity today but might do so poorly in it tomorrow. It means that your luck on the first day is not the same as that on the second day. So do not let this put you in one kind of overconfidence situation that might make you lose your money easily.

In gambling, you learn and understand every aspect of what you want to gamble, then you know the management part and also the limit you can take so that you do not just waste money especially if your plans are not working as expected.

Nothing is certain in gambling and anyone who says otherwise is a deceive. As that is true, I think that getting more familiar with sports betting will go a long way in helping any gambler better, at least limiting the risk and the level of uncertainty. The OP did well with all his explanations and I must say that it is what I do often, but in advanced mode. This could also of course help any beginners who could just be lucky to see the post which is why I respect that. Also, if any beginner would want to use this style, I think that it can work, and over time, such can know the extras that should be added for it to work better through experience.

Again, I prefer all sports betting predictions to be before the match starts, and if this style is applied in addition, it will be an added advantage. But such should be ready for good gambling account management as well, which is where the uncertainty remark I started with comes from. Even if you are so good with your sports betting predictions, you will definitely still have the average experience of winning and losing. And for the losing percentage, the only antidote to override the effect is to have good management, it will surely cover up for the possible shortcoming.

My advice for everyone is to go with your first option and not let anyone drop coldness in your heart about this as it is the right thing to do, no controversy about this unless the casino is a no-KYC type. Have you ever seen any company you can trust 100%? That is why we should be wise, this issue of the reputation and integrity of a company are relative and it might not happen to all but that doesn't mean that it can't happen at all, so let's safeguard it. To date, I have not been a victim of any company, and this is partly due to how I deal with them. I follow the rules and do my KYC at the beginning of the registration to avoid issues. The same thing goes for those who followed by lead.

But still, I do read and hear stories of how some people are being treated unfairly by the same company I work successfully with. This means that they might be doing something wrong that I do right. One of the issues is this KYC, they could frustrate some people simply because they didn't do the KYC on time, but this would have been avoided if they had done it from the beginning. Many would say otherwise about this, but you should ignore them and keep on doing it and leave them to their later fate with the casino as some often face it in an ugly way.

First, it is always nice that I see Stake in the list of good casinos, and that is what matters most for now, and this has been the same with every list I see in this regard on the forum and even off the forum. I must also say that I do not know one of the casinos listed above and I only have experience with the 3 among all. However, it is good to work with the best possible casinos, this increases our confidence and will rather help us to focus than to be afraid of whether or not we will have issues with the casino.

Besides, I think you are not paying attention to the HTTP code used by the OP, which is why you think such might not be promoting anything. The 'www.vgopromo.com' should ring a bell, I suppose.

Honestly, this separation and privacy of a thing baffle me how people overdoing and specifying it, I don't really care about that. It might be the most appropriate means to hide from the radar of those who could be tracing or investigating you. Regardless, if the money is not ill-gotten, I care less. How much do I even have that I will be living in fear? The world is not a war, let me own my Bitcoin in peace. All I care about is to store my long-term holding coin in the self-custody wallet, and also make sure that it is not just 1 or 2 wallets, but at least 3 as the case may be.

However, the KYC-related coins are treated the same way because they are the same. Unless you use P2P to change it in a decentralised exchange or use the service of m!xers, they still pose the same threat you are running from.

The HODLing is not as difficult as you guys take it, it is as a matter of fact the most convenient way of making investments so long as your choice of asset is good and promising. All you need to do is to set and forget, and it is even an investment inside investment, so it is not the usual way of investing as many people wrongly perceive it. If you are investing in the normal way, you could be having doubts, anxiety and fear, and this could force you to do what you never expected or planned for and will start regretting it later.

But that is for the mindset of those who do not know HODLing but believe it is a normal way of investment. If not, the asset would be bought and the value would be forgotten by the investor, be it bad or good. This is the way the shares holdings and stocks are purchased if one is a core investor, they do not bother about it for years if not decades regardless of how it buys or sells. By this, you will not be able to know whether or not it has appreciated much to the extent that you would be tempted to liquidate it which might cause regret if you later see it far above your liquidation price. I think this mindset has to change for people to enjoy their HODLing, especially in cryptocurrency.

For the SEC to have approved Bitcoin, I do not think they have anything reasonable that would prevent them from approving Ethereum also. Ethereum is the number two cryptocurrency in the world, and apart from that, it is more compressed in price and purposeful than Bitcoin, it is better scaled and can be well-managed by the known brain behind it. This makes it better similar to the old assets.

As for Larry, you can't expect less, and what has helped exchanges like Binance is that they are the front guys in the business. Now that the ETF opportunity has come for Bitcoin and his company, you can't think less that he will build his entire empire around it if possible. Needless to say, he has all what it takes to achieve such.

My resolve in trading is for traders, perhaps, I better call them supposed traders to be extremely careful as trading is not a do-or-die affair. You can try your best and luck but when success is not forthcoming, I do not think you should be wasting your money, time and energy on it, there are better opportunities that are of low risks around, and even online as an investment is less risky than trading. I know what I am saying, trading is not child's play, and even as I believe I am experienced and still making some earnings from it no matter how little it could be, I am still very confused at times not to mention those traders who do not even have a good trading system or true trader's psychology. It takes a very long time to build this if we are sincere, while some will never be able to achieve that no matter how long they try.

How many traders can wait that much? I mean to be losing money and be managing their frustration daily? So, I do not encourage again but I challenge traders to put themselves into the test of the quest if they are really worthy. If they can pass, fine, but if not, should we continue to encourage them, who knows? More people will lose their money. Regardless, there are major things to know and possess in trading, some of them are; Good trading strategy, management, psychology and effective planning. I stated these in summary for these traders who are so determined to continue trading. If they know all these and put them into practice, they can prevail in the market.

Also, perseverance is good, but I must warn you that it is not as easy as we often preach, that's is the truth.

Risk is everywhere and the more we take it, the better for us as we can never be successful in life without taking risks. However, how you separated the two is not so good, you didn't think well about them in my opinion.

For the two, if the physical business could have a whole lot of risks as you said (which I know is not true) why won't the investments have the same, and even more? We can't just shortchange the safety of physical business for that of online. In my opinion, though there is also a degree of risk attached, but there are minimal risks to physical business unlike how you portray it, you can look around you for the proof. Online only brings easy opportunities, and this is not what risk means. This depends largely on the business we are talking about, there are some that are almost without risks, they only require your professional, resources and creative thinking, and if you are an employee, you can find a secure job and will be fine.

This is happening around us and you can imagine how people are making their huge money doing physical business and investments safely daily. Also, online investment is good but one must be extra careful online than the physical business/investments. This is partly because online is not as safe as offline, and most investments online are so volatile and dangerous, and many have shared both sides of the story (good and bad), nevertheless, in my opinion, those who are lamenting are more.

What are you even saying??? Is this some kind of promotion? But if you must know, yes, a real user could say that, but that will definitely be the users that are still not the victims yet. We have categories of users and without going deep into defining them, you should know that there are high net-worth individuals, they are the target of services like Freewallet.

This is not a joke, it is real, and those users who are not yet complaining might maintain and transact a small amount with them which will still shield them from fraud. Even saying they have the fastest transaction (if such a statement is real and not fabricated by you) shows that the person is naive, there is no centralised exchange that will do less, except that it is even worse with Freewallet because you will have the opportunity to set the priority. For this, it could be slow if you go for the low priority as they will not do any magic in the blockchain, unlike most exchanges that are sending your crypto without the option of priority, which means that it is not optional so it must be fast.

Above all, I see no joy in holding your money in a centralised service like Freewallet that doesn't even have the features of the main exchanges (businesses, spot & futures trading). People are better off moving their money to self-custody instead of this.

No doubt, Bitcoin will pump in the future and we will see significant growth in the market, this is also what has been keeping so many investors going, if not, a lot of people would have turned their back on Bitcoin. I think the halving has done so much for the coin than people are talking about, the halving has been the hope rekindler for it, if not, it might have been terribly affected. Imagine how Bitcoin had performed at times when it would be almost dead, but in a fast twist of the event, it would bounced back and will continue to rise significantly to the extent that it would move in multiples of the price at that time. This often happens when halving is near, it knows how to bring the FOMO back to the market.

This is expected again this time, but before this happens, a whole lot that was not foreseen could happen as well, which is why we have to know the best place to liquidate if possible or continue to buy the coin. As for me, the asset will close above the current ATH in 2024, so it will be appropriate to buy it anywhere from now, only that the investor might want to DCA if he is afraid, and this is for obvious reasons as no one will certainly know where the coin will hit before halving. However, if you know how to read the market chart so well, you can continue to buy to bullish detection.