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May 25, 2024, 05:09:20 AM *
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181  Economy / Trading Discussion / Re: Does Technical Analysis Really Work? on: March 11, 2024, 04:05:02 AM
Then I should follow every Crypto Currency Twitter account. To be informed about the latest news all the time. This will increase my success rate a little more.
There is nothing wrong in following certain people on social media platforms to gather knowledge and information, but you need to remember that not everything you see or read on the internet is true and not every information is correct, so you should always have multiple sources to check the information that you find to be sure about the authenticity of the information and knowledge shared by anyone through any social media handle.

Talking about the success rate in trading, it is dependent on how you manage your trading activities. You should never be in a rush to make many trades in less time thinking that would earn you more money, it doesn't work that way. So, make sure that you are making trades where you have calculated the risks involved and know that the outcome wouldn't be too severe if it's negative.
182  Bitcoin / Bitcoin Discussion / Re: Bitcoin was created to reform money and provide financial freedom on: March 10, 2024, 06:16:33 PM
Bitcoin offers freedom from failing financial systems. Regaining control over our financial independence from the government. This movement started with local and global enthusiasts. They're visionaries and investors. Bitcoin promotes a stable, unmanipulated financial system. The goal is to empower people and encourage independence and long-term planning. Building a Bitcoin portfolio is an investment in a future where people control their finances.

To people in legal trouble: persevere. The tide is turning. More individuals understanding and adopting Bitcoin will drive governments to adjust. It's already happening. Bitcoin's long-term goal is a sustainable, decentralized financial system, not only transactions. Keep your Bitcoin. Ignore skeptics. Bitcoin is leading the decentralized future. Your Bitcoin optimism is justified. It's about altering money mindsets, not just simplifying transactions. Stay educated, enthusiastic, and most importantly invested. Best is yet to come.
Well, I guess we all who are living in countries and regions where governments and authorities aren't very Bitcoin or cryptocurrency-friendly are hopeful and always praying that things might get change as we enter the future because the whole world is recognizing the potential of Bitcoin and how useful it can be for countries and their citizens, it can help people earn money while on the go, if one can afford to get together a small capital, they can start earning money if they are struggling with job placement and similar issues.

Let's hope that countries and governments that aren't supporting the movement understand this thing as soon as possible and instead of thinking about personal benefits such as having control and stuff, they start thinking about the future of their country and people.
183  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: March 10, 2024, 04:55:24 PM
Saudi Pro League has started to move for Kevin De Bruyne from Manchester City.

A salary of 100m/year is rumored.
Yeah, they have invaded Europe again and this time the target is one of the best midfielders in the world and I think this will be the next mega transfer after what happened last summer. Where will he go if he accepts the offer? Al-Hilal, Al-Nassr, or even Al-Ittihad? I think it must be one of the richest clubs. If I'm not mistaken, if De Bruyne gets a salary of 100 million per season, that's the same as the salary earned by Benzema and Neymar.

That is not a small number for a professional football player, especially since De Bruyne is still not finished and he is still an important force in Manchester City. I don't think it will be easy to let go of De Bruyne because Pep Guardiola definitely wants his midfielder to stay around for another 2 seasons. I think the Saudi League can convince him if they are willing to pay a fantastic transfer fee for Manchester City, but the final decision remains with the player.
There is no doubt Saudi Pro League is using their all influence and sources for the invading European soccer But I am sure KDB is not going to accept this offer at any cost because currently he is doing impressive job here in Manchester City and still have few years with his best with conditions and quality of soccer is surely going to have impact in this offer as well recently we have few other problems with few European players which bring them back to Europe.

We currently have 4 clubs which are working under PIF, and they will be tried their best for having him player like this into their league with most chances we will have KDB in Al Hilal which already lost Neymar Jr and now looking for the another best player which give them good result and performance for the coming season.
184  Economy / Gambling discussion / Re: What You will do in this situation? on: March 10, 2024, 06:44:04 AM
Looking back I remember how sad it was the only day I played a gambling that depends on luck, I spent many hours playing, I made a 3x profit and instead of stopping playing and withdrawing what I had already won, I continued playing and started losing steadily for 2 hours and in the end I lost everything, I was wondering how it was possible that I had played for many hours
Since you did manage to win some money and didn't stop gambling even after that, you should blame yourself instead of luck-based gambling in this situation because it was your self-control that could save you from those losses if you had stopped gambling and withdrawn your money when you had won 3x of your initial bankroll which isn't a small percentage.

So, though I agree that luck-based gambling isn't always favourable for the gambler and one mostly loses in it, I would say that a lot of gamblers have to face defeat because of themselves and their lack of patience and self-control because when you win and still don't stop gambling and then lose everything, it's your fault and this can happen to you even if you are in sports betting because if you win one game and use all the money for the next bet and then lose it, it's your mistake.
185  Economy / Trading Discussion / Re: Trading Or Investing which one is better to focus on right now? on: March 09, 2024, 08:33:52 PM
As far as I understand trading often involves a high level of risk as traders are exposed to short-term market volatility. Risk management is very important, and traders can use leverage to increase returns which increases risk. I like investing if you want overall growth with big returns over an extended period of time usually through buying and holding you should invest. The best returns can be obtained by holding long-term investments in bitcoin.
I do agree with that and unfortunately a lot of people lose a lot of money due to that situation. They do not calculate the the volatility that easily and it becomes an issue for them. I think it would make sense if you could end up with something much better like understanding the market and the trend movements. This is of course not easy and many people spend months even years to master the market movements, and a lot of them end up making a lot of money after they master the market, but it takes time to get there.

So, it is only understandable that not a lot of people can do that, we should realize that sometimes we are not going to make money like those people and we should be avoiding any type of mistakes if we are newbies.
186  Alternate cryptocurrencies / Altcoin Discussion / Re: Understanding cryptocurrencies and investment. on: March 09, 2024, 06:01:24 PM
My opinion is that there are no universal rules for determining the best cryptocurrency and timing to invest in it. It's important to monitor the market and its dynamics, as well as stay informed about news in this sphere. In this business, one should never rush and it's better to double-check everything.
Yep, that's the basic understanding one should have, no one is going to serve them the best cryptocurrencies in a plate for them, even if you see a certain cryptocurrency in the top list, you should still do your due diligence before you invest in it so that you can be sure that the project has got the potential which is why it is on the top and it isn't because of a trend or some hype that made it gain that rank in the list.

So as a trader, one should be able to do research and analyse projects and all the metrics in them to determine whether a project is good enough for an investment or not, if they think they can't do this, they should only invest in cryptocurrencies that they already know are good and trusted such as Bitcoin, Ethereum, Ripple, Litecoin, etc.
187  Alternate cryptocurrencies / Speculation (Altcoins) / Re: $20,000 to invest in any Altcoins of your choice? on: March 08, 2024, 01:38:34 PM
Investing twenty thousand dollars in just altcoins seems too risky in this bull market.  So if I have the ability to invest $20,000 then I would definitely invest $10,000 in Bitcoin as the first choice.  The remaining $10,000 I will divide into five parts and invest in the top 5 coins in the coin market.  I don't want to invest in any new altcoins but the best old coins in the coil market have a high chance of price correction.
You are right that investing everything in altcoins isn't a safe choice but since this is the altcoin section and the question is about altcoins, I think we are supposed to talk about altcoins and not Bitcoin even if we know we shouldn't be investing everything we have in altcoins since it is extremely risky.

I agree with what you say though that one shouldn't invest in such a high amount in altcoins that they aren't confident about or are sure that they are going to give good returns when the market enters the bull run or just gets into the positive side.

These days, people are so eager to invest in new cryptocurrencies because they have seen that newly launched cryptocurrencies provide higher profits and it's true in most cases, however, they carry extreme risks as well.
188  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: March 07, 2024, 04:28:25 PM
Islamabad United won the toss and chose to field first. Karachi Kings are 49/4 in the 9th over. They are in trouble. If they can make 160, they might have a chance to win the match. Pollard will be the key wicket here.

Kings won their last match comfortably and will try to win this match as well to get themselves a chance to play the knockouts. While Islamabad's batting performance in the last was average. Although they have big names in their team, they could not justify their reputation in the match.
This match will be interesting, but I will still favour IU against KK as KK's top order is also not in very good form. If IU gets the wicket of Pollard, the game will be over for KK. I am particularly disappointed with Shadab's team selection; why play Imad if he is not in good form? He could have given a chance to a youngster.
Karachi Kings won their yesterday game against Quetta Gladiators comfortably and mostly were expecting they will keep this momentum against Islamabad United for having chance to qualify for the play-offs but sadly today their batting fail to give them good target, and we have good bowling from the Faheem Ashraf and Mills which help their team Islamabad United for keeping their hopes alive for the play-offs after having bat first Karachi Kings able to score 150 runs which is surely not enough for having win for them but still we can hope good competition between these two teams as while Islamabad United is on chase after first three overs they are having just 28 runs with the lost of Munro which is bowled by Mir Hamza hopefully we will have good match as now remaining target is 123 in 17 overs for the win and having second spot for few days.
189  Economy / Gambling discussion / Re: French Soccer League Predictions and Discussion Thread (Ligue 1) on: March 07, 2024, 03:08:24 PM
PSG started to change since the summer and they no longer aim at super star players or star players with so much expensive transfer cost. Such expensive players cause many problems for them in financial balance, internal dress-room issues and will affect their performances on field.

If Mbappe actually leaves, I agree with you, that PSG will aim at cheaper striker and they are going to build new squad with cheaper cost but players are ready to play together as a solid squad.
After the arrival of new coach Luis Enrique we have few good changes which are surely going to help them in all competitions like they are improving their quality in Champions League with mostly were feeling things will be not good for them but still now they are having spot into last eight, and they also can go through for better end of this season for them which is surely impressive secondly now they are trying to avoid star players which was trademark of the PSG, but now they are trying to have things with average players which are also good change and coach is also ready for the exit of Kylian Mbappé which is under serious rumours about his future which is he wanting to join Real Madrid as there are better chances for the win of Champions League instead of staying here at the PSG which is unpredictable and never been ideal club even he is having huge salary from here.
190  Economy / Trading Discussion / Re: What can I do to be successful in trading with my small capital on: March 07, 2024, 09:26:25 AM
...Trading is definitely hard for those who can’t manage the risk but for those who have establish skills and proven effective trading strategies, I think successful trading won’t be too hard to achieve especially if you are passionate on what you are doing.
Even if you have the skills and proven trading strategies, you will not be able to avoid liquidating your balance if you do not adhere to the risk management strategy. So anyone who decides to start trading should start by learning the risk management strategy.
When you are skilful and has a proven effective strategy, you might also know how to manage your risk as well but there may be traders who are like that who are now too confident and won't think of managing their risk anymore. That's risky, and as the saying said " It is always better to be safe than sorry ".

There might be other much basic things to learn than risk management strategy when we are about to learn trading. It would be better to follow the proper procedures and learn them first before proceeding to much advanced lessons, so that we are sure that we are going to be more stable by the time we are now doing the actual trades.
191  Economy / Gambling discussion / Re: Do you feel excited while gambling on: March 06, 2024, 05:28:42 PM
It's normal to feel frustrated, especially when you have lose streak while playing. Remember that outcomes can be unpredictable, there are times that you'll win or you'll lose. It's important to set budget and limits when playing. Also do not forget to take breaks to manage your feelings and emotions. Prioritize your well-being and remember that gambling should be about entertainment and enjoyment.
Taking breaks during a gambling session? Hmm I think I never experienced it, but I think that is because my capital are always small and it wouldn't take a long time for me to use them all if I'm unlucky but if I'm lucky and I'm profiting, I will only stop and withdraw all my balance. This is only the time when I can take a break.

I think that taking a break is not mainly about what you said or for managing our feelings and emotions but it's about doing other things like going to the bathroom, trying to eat a food, and so on... Managing our feelings and emotions are only necessary when we think we are starting to get depressed, greedy, etc... in gambling and we do it outside our gambling time for quite a long time if possible, so that we are sure that we have now fully recovered.
There are also some times when you could end up with a situation where you just take a break for a longer term. Like think of it as someone like you, who has small capital, and then gambles a bit, loses it and just takes a break for a week before they come back and gamble again. That would be taking a break as well, sure it is not a few hours break, but it's still a break.

I personally did both, I have gambled and stopped for a few hours to collect my thoughts and then came back, but also I have gambled and gave a week, or even month break before ı came back as well. Both work wonders, each time I did it, I have become a better gambler, not just about the results but also about the feelings, felt much better each time I did it.
192  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2023/24 on: March 06, 2024, 08:44:43 AM
In the Athletic - Barcelona game, I expected Athletic to win. I was aware of the risks, but a draw, and without goals, was a surprise. The Mallorca - Girona game was a more unexpected surprise. Girona failed to score a single goal, despite the fact that they are now leaders in La Liga in terms of goals scored. Just an anomalous result.
In general, we must not forget that we have now entered a phase where the teams have “come to terms” with their position, so there will be more unexpected results. For example, Real is the champion, this is already clear. Girona, Atletico, Barcelona in the top 4 and the rest are no longer important for these clubs. Now we need to very carefully choose those games where the clubs will have real motivation.
This result was also shocking for me because I was also expecting 2 or 3 goals in this game while both were doing good but still fail to end the deadlock which was surprising but at the end we have good performance from the both sides and this goalless draw prevent Barcelona from going to second spot because Girona is facing bad time and losing too many games specially their second lost against Mallorca is also surprising for the fans as few days back they lost against in Copa del Rey and now another defeat in La Liga is surely setback but hopefully now they will be able to fight back in coming matches because their bad time is going to be ended while they will host Osasuna if they fail to keep things at the better level then surely they will be suffered.
193  Economy / Trading Discussion / Re: Playing crypto for many years without holding Bitcoin. on: March 05, 2024, 03:18:24 PM
When I've said sell, I think it is normal for each and everyone of us to have a pinch of it and sell if you ever need it. I'm not saying that those that are firm in holding should sell if they don't have to. But those that have to sell at those times if they need to, are free to do so.

I have myself ready to sell some and have a part that will be held for a very long time, no time span when I'll sell. I'm actually both, a trader and an investor and you're right about increasing fiat because I've got some needs to address and that's why I have plans of selling but not all that I hold.
When we say take something as a pinch of it/salt, it means we shouldn't totally believe on it but what you said there is not unbelievable. Hodling is not easy and we all know the people, we are always greedy about money or earning a profit. In fact, many of us can't HODL their Bitcoin even on the beginning of the bull run, like what we are experiencing now. They can't help but to sell it earlier or before it. Other than greed, there is also doubt and fear that what if Bitcoin will not recover and rise anymore? For those who only sell whenever they need money, these people are already treating their Bitcoin's like a saving more than an investment.
194  Economy / Trading Discussion / Re: Question about futures on: March 05, 2024, 12:09:23 PM
Future trading is full of nothing than risk, this does not only ends there, but we are on the chance of loosing the entire investment if liquidated, i don't think we should go for such as we cannot afford to miss the fund we have earned to use for trading, even though we are having other alternatives, taking risk on what can completely take away our fund is part of what some people have used against trading by the way they termed it the same as gambling.
This is the reason why futures trading is not recommended for inexperienced traders. One first needs to gain enough knowledge about the market, and then start trading with minimal risk assets in the spot market to gain some experience about trading and the market in general. After that, they should start learning about futures trading, once they learn everything, if they feel they are ready to venture into it, they should do it.

One should only start trading in the futures market if they understand all the risks and know that they can manage those risks and wouldn't be losing all their money in it. If they couldn't manage the risks, they are going to lose their capital in no time at all.
195  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: March 05, 2024, 06:35:33 AM
As i predicted this match is very tight because whether it Bologna or Atalanta can performing well and in the first half Bologna actually playing with under pressure but Bologna defensively lines was playing with very discipline which make Bologna not conceded more goals and in the second half Bologna gradually can out from the pressure and they starting to playing more attacking and got several attempts to scores and the result is Bologna can fliped the situations and scores 2 goals within 4 minutes and this result can makes Bologna position strong at 4th place but this loses is very unfavourable for Atalanta because their position on league standings was overtaked by Roma

Indeed next week is hard match for Bologna because they will fight against Scudetto candidate Inter Milan and this match is tested for Bologna consistency because we all know Inter Milan was very fantastic this season and it's hard to beat them even so with Inter Milan because i personally considers Bologna as strong opponent for them and during this season both teams has been met once and at that time Bologna can able to stole point at Inter Milan home ground and looking forward to see this match result whether it Inter Milan or even Bologna who can be the winner but i personally predict this match will ended to draw
You're absolutely right bologna did absolutely well in there previous match against atalanta,at first I was thinking that the match will be in favor to atlanta after dominating the first half with 1goal,but is quite unfortunate that victory was never on there side either.come to think of the up coming match between bologna vs inter milan is going to be tough for bologna reason is because inter milan is in a very good form this season and as well bologna,in my own prediction I think inter milan need to be double chance because I strongly believe that bologna can not eliminate inter milan so easily instead they end up with a score draw.
In first half Atlanta takes led, but both teams were playing well-balanced game and as things were going there were good chance for the Atlanta to win and having three points, but we have good change from the Bologna in second half, and they play much aggressive even mostly ball possession was in Atlanta control, but Bologna's aggressive approach give them good chance for having better result, and they were also able to score two quick goals which give another defeat to Atlanta after having big defeat against leaders Inter Milan.

Now with these results we are having no chance for the Atlanta to fight back for the fourth spot as Roma and Bologna both are on impressive run and things are also good for their chances to be stayed at their current level even now Napoli is also improving which will make things more interested.
196  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2023/24 on: March 05, 2024, 05:59:22 AM
I think that Barcelona actually came out to get victory, but the two early injuries to Frenkie De Jong and Pedri may have altered the intended pattern of play for the coach. Asides them not being able to win the game, their biggest worry will also be the two players who got injured, players who are very important to the team. Barcelona remains third as a result of their failure, that opportunity will surely be regretted. If Barcelona do not win their next game, they may even drop to fourth position because after Mallorca, they play Atletico Madrid who are just three points behind them.
Barcelona will play Mallorca and Mallorca beat Girona this week. They got 3 points from Girona and they can get 3 points from Barcelona as well. Then they will face Atletico Madrid away. If Atletico Madrid beat them, Barcelona could drop down the rankings. However, they are unlikely to drop to fifth place. Barça will probably recover a little and continue to win.
Mallorca beats Girona and now going to visit Barcelona with their away performance is not good, and I have feeling most chances Barcelona will give them tough challenge even they are suffering from injuries and other problems but still they can beat them at home and also take full three important points because in this game Mallorca having not good chance for the win and their most wins in last few weeks all came at home in away game mostly they are suffering.

In coming weeks are going to have some good games at the top which can bring good changes like Atlético Madrid going to host Barcelona and then Atlético Madrid going to have another challenge while they will be host Girona these games are going to have good impact on league table in last few rounds.
197  Economy / Trading Discussion / Re: Do You Believe, "Passive Investors Make More Than Active Investors?" on: March 04, 2024, 06:26:41 PM
However, for those who are active, of course they have to see the development of the assets they hold every day and will take advantage if the assets they have obtained have made a profit.
The word active does not necessarily mean watching every development. In bitcoin new things come once every few years or so. The term is more applicable in the lines of day trading and thus with altcoins>bitcoin.

I never advocate people to do day trading. I feel it ruins your physical and mental health as well as your family commitments. If you have a job, dont even think about it.

On the other hand, passive would mean long term holding, which specifically in the case of bitcoin has shown wonderful results over the years.
That is quite true, but if you are single then I do not agree with that statement. If you are single, you could trade anytime you have free time. Think about it, lets say you get out of work at 5 pm, at home at 6pm, and you relax and eat and watch something until 8 pm, you still have like 3-4 hours, either you can watch something or play games or read something basically do whatever you want, OR you could just end up with a trading habit as well.

I would say that trading is much more profitable, or at least has the potential to be. This is why we should be careful about it, and I am guessing that we are not going to get anything major out of it neither. We should consider the possibility that people can't really realize how wonderful it can be.
198  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: March 04, 2024, 04:29:23 PM
The match was Man City's Special Comeback in the Manchester Derby, Erling Haaland & Kevin De Bruyne were disappointing in the first half, but Phil Foden's brilliance helped Manchester City maintain their winning momentum vs Man United!.
MAN United's 3-1 victory put City in second place with 62 points and 1 point behind Liverpool. This will be a good opportunity to be in first place. Man United seems to have to settle for 6th position with 44 points.
The match was well under control of the Citizens but Manchester United having early lead, and they were able to stay ahead in first half but in second half we have nothing positive thing for them while they were also not near the goal post which help them but as expected we have good result and Manchester City back in good business because now with this win they are having good confidence and their chances are also increased for the title because next week they are going to have another big game against Liverpool and then Arsenal which is surely going to have good view about how things will be going to be ended in this season because these matches are really going to have serious turn for the title race with all top teams are facing each other.
199  Economy / Gambling discussion / Re: UEFA Europa League 2023/24 Season on: March 04, 2024, 03:46:05 AM
I think you will be lucky and win the bet, because the club you choose has been very consistent so far. Liverpool and Leverkusen are the ideal teams to meet in the final, where Milan is one of the teams that has the potential to disrupt the dominance of the top two teams. In my opinion, Roma also has a chance, but many people still have doubts about De Rossi performance. Apart from all that, we will first see how the round of 16 will go, where the matches will start in the middle of this week. The opening match will be played by Sporting against Atalanta, two teams that are not included in the favorites list. Even though Atalanta plays in a more competitive domestic league, I feel victory will go to Sporting.
It would be a huge surprise if for some reason Liverpool would fail against Sparta. I expect a one sided game and Liverpool will win it. Bad timing for Sparta though as Liverpool is currently peaking. But they also got some lucky results like the late goal win this weekend. I am sure Klopp wants a clear result and not having to fear until the last minute.
Even we are having Liverpool at his best but still due to recent injuries things are never been easy to face team like Sparta which is having impressive performance and their home record is also amazing we have good performance despite having too many injuries from the Liverpool but now in this game which is going to play Prague after few days Liverpool needs to be at his best, or surely they will try to have anything which will hurt their cause for the cup.

Sparta which also done good against Turkish League leaders Galatasaray will try to take good advantage of this current Liverpool situation which will give them good benefit because right now they are missing their top players and their performance is not as par their standard, but this first leg is going to be interesting for the both sides with both will try to have something positive.
200  Economy / Trading Discussion / Re: WHO DOES CRYPTO DAY TRADING? on: March 03, 2024, 05:54:23 PM
I want to get into crypto day trading. It truly fascinates me. Out of curiosity, if anyone does day trading comment what crypto you made the most profit on in a 24 hour period. Please tell me what crypto and the total amount of profit you made. Thanks
Are you also newbie in crypto trading? If yes, then I don't recommend to you for go in day trading, It's very difficult to success even for professional traders.
You can trade in long term and I hope you can success just buy some good altcoins and If you have good fund then invest in Bitcoin for 3 to 4years.
I checked his post history and found that he already used Paxful before, so maybe he is already a trader? But, not the daily one because he is here asking some information about it. For those who are new, yes, they shouldn't start there as it is not for the newbies. For the OP, it seems his knowledge is not enough yet for it, so he may need to learn more either from the users here or outside the forum.

I am sure there are lots of learning materials there that he can find which can help him to be good at it. Pro traders on the other hand, won't be called as a pro if they are not successful on it but we should rather say that mistakes can still be experienced by them sometimes, and that is only normal.
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