For me, it's all about setting goals and sticking to them. If I'm aiming for $100K, selling at a profit makes sense. But when it comes to Bitcoin, I see it as a long-term investment for my retirement. I'm not rushing to sell, especially since I'm not that old yet. When prices dip, I see it as a chance to buy more Bitcoin at a discount. I've seen how it pays off in the past. With Bitcoin, I'm confident it'll be worth a lot more in the future, securing a comfortable retirement for me and my family.
Everyone also hopes, like you, that bitcoin can reach not only $100K but more, but it will not be achieved before the halving period but after. I agree with you that we must be able to sell when we have already made a profit, but we must not be greedy in adjusting to the achievements you determine, because we are afraid that the moment to sell could be missed if we persist in reaching higher. Bitcoin is indeed a long, term investment, but the period is only every 4 years, not necessarily until retirement, when it has been 4 years, it will be at its peak and buy and sell when it is corrected and save again, and continue to do so. I also believe with you that bitcoin will be worth more in the future and there is no need to be afraid to continue holding it. Even though Bitcoins price did make some new all time highs before halving but its impossible that it would reached out $100k on which we know that this is really something that unlikely to happen on having such rally on a short period of time. I would rather be saying that this could happen on 5-6monhts after the halving period but of course those are really just that estimates basing up on the previous cycle month gaps before the price is really trying out to climb up on which we know that this is something always that unpredictable but we do know that this $100k price is something inevitable. It would really be just that a matter of time before we do able to reach this up but actually im really that expecting that there would really be some last dump or correction before we would really be having that bull run rally on which we know that this is something that could really happen but we dont know on when it would be. So it would be wise that you should really know on place up yourself on such manner. |
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It is true, the majority of gamblers cannot accept defeat, because with the many cases and news about people experiencing life problems due to excessive gambling, this could be because they cannot accept the reality of defeat that will definitely occur with their gambling. do that. also with those who gamble with the motive of having fun or having a certain target, their motive or goal may change, because gambling has a strong attraction that can change everything from one moment to another, sometimes gambling can influence our thinking which may be the case. will encourage us to do actions that are said not to be done.
There's no fun in losing and this is the reason many individuals don't accept defeat when they lose, they'll always want to win back their money and when they continue to gamble, they'll end up losing more money. Revenge gambling is a big reason why so many gamblers are becoming addicted and losing money. Every gambler should know that they'll lose when gambling at some point and not to revenge gamble. When they lose they should take it as a lesson and be careful next time they gamble. When gambling you can be entrained regardless of winning or not winning but when you lose you'll always feel some level of anger but it's the reason behind your gambling that determine if you'll be happy or feel sad. No individual wants to just lose their money as they'll always want to make more money but some individual are more comfortable losing money than others as they know they'll make it back. There's no indeed fun on losing and this what makes everyone do really get pissed since losing money is something that gives out that bad feeling or an emotion on which it would really be causing up for you to bet even more on trying out to chase those loses on which it would really be just that normal since we are really just that humans on having those kind of emotion. This is why it would really be important that you do make yourself that wary into the things that you are dealing specially with gambling. Losing is part and its important that you should really be getting used to and able to move on whenever you do experience loses. Although easily could be able to move on having its cons on which you would really be continuing on playing and spending up more on which you should be also careful with that. Having that control plus having that moderation when it comes to spending would really be the key for someone to be able to save up themselves on possible addiction or possible messed up life due to extensive spending of funds or money which we know that its never been that something recommended at any cost. |
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* Is Funded Trading best option for traders without funds to trade but with the trading knowledge?
* Is Funded Trading advised for newbie traders looking for how to learn and actively trade on the go?
* What are some good funded proprietary trading firms you know?
1. If you are a trader but does have that kind of skills but not having that bigger capital then this would be a good option for you to take but of course you could make it on you own this is why people wont really be tending to dive in such offers if they are that good in trading. 2. I highly doubt that on which funding up a trader doesnt basically means that newbies will really be included to that. No person would really be funding someone who doesnt really have that right amount of knowledge and skills 3. Not aware with those current existing trading firms but pretty sure that they are really that existing. I just dont know on what are their terms in choosing with those traders. |
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When you have one or more children, you have heavy responsibilities. Sometimes you're on a tight budget. Can being a parent change our playing habits? Are losses even harder to bear when you're in charge of a family? What are your experiences in this area?
I think that such a step as starting a family can change a person’s life. I mean a person who has problems with gambling addiction or some other addiction. When I had big problems with drugs, God helped me and freed me from it. I also know who were unable to change their lives for the better after starting a family and even having children. I think everything here is individual and depends on the person. In any case, when a person has a family and children, he is no longer responsible only for himself and such bad habits as gambling should be eliminated, especially when a person cannot control himself and regularly loses all his money on bets or in casinos. I also think that the future spouse should be aware of his partner's gambling addiction or past gambling addiction if the person is done with it and no longer does such things. I can attest to this that you would really be having that changes once you do have a family on which your priority would really be that changes and since you do have wife and kids then your main important target is to raise them up and having no problems in regarding living. Just like on what been said above that it would really be totally irresponsible if you are prioritizing gambling over your family specially when it comes to budget on where you would really be needing to provide all of their needs if you do want to have a good life. Its not bad to gamble if you are really that a gambler and cant leave on it but everything now would really be in moderation. You cant really just that make yourself that spending like when you are still single. Everything changes when you do have a family on which you would really be having tons of responsibilities now. Raising up a family is never been easy or simple on which as a father or husband then you would really be needing to provide all the things that they do need if you dont like to mess up your life with. |
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Agree. Graduation is a different matter, it indicates that he has studied. so that graduation can bring you closer to possible success. To be successful you have to go through college, this is also not certain. There are many paths to success, one of which is graduation. In a more global context, the meaning of success itself is too broad, it is not always money, a doctor who chooses to serve in a remote area, lives simply, can benefit other people with his knowledge, this could also be wealth for them in their life journey.
But on the other hand, I also really agree with art/design or programming jobs, because they learn without having formal education or having graduated but can still be self-taught. because currently there are lots of them scattered on YouTube, Udemy, Coursera, etc., especially in the digital era like now. But there are some jobs that I think require at least some appropriate formal education, especially in healthcare or engineering for safety reasons. However, of all things, the most basic thing to achieve success is hard work and not giving up easily.
A college or university degree is necessary for government job but in private sector jobs skills are the focus rather then degrees. These days trends are changing frequently and what we learn during our graduation is how to adopt with changing trends. Like most of us graduated even before Bitcoin was launched but we have sound knowledge of it since we can use our basic knowledge to explore this new technology. If you don't go for college degree and just master a skill instead then you won't be able to adopt to upcoming new technologies. Here in our country on which it is really that something that would be the same in speaking about qualifications on which the requirement would really be high degree holder on which having no education or degree would really be put you up in the end of the line and this is why it would really be something that you would be needed for you to be able to live and this is why it would really be better that you should be considering on finishing up your studies before tending to dive into other ventures on which we know that getting a day job is already that a tough challenge then how much more if you cant be able to make yourself landing a job and tending to have a business or investment. How you would do that? You would really be needing to have a good start up and would be having that slow climbing up to the top but of course you should set realistic goals and targets in life. Dont rush up yourself and doing things slowly. |
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^
In fact, it's not all that clear-cut. There are some gamblers who did not become wiser or more responsible after children appeared in their family. There are quite a few stories when the head of the family, addicted to gambling, left his children, who can not take care of themselves, alone at home, and disappeared into the casino for several hours. Therefore, having children makes someone wiser and more responsible, and someone does not, and rather everything depends on the person himself, not on the fact of having children in the family. Yes that's right, however depending on how the person is or I mean it all depends on the personality of the person, the situation can be as you said that it is a possibility that after having children or after having a family someone still does not care about something that should be their responsibility and some are normal in the sense that they become more responsible and all of this depends on how the personality is and also how severe the level of their involvement in gambling is. I think you may have seen or read elsewhere about a father who left his toddler at home alone to go to a casino to gamble, and clearly this is behavior and actions that reflect that he is a family man who is so irresponsible that he would risk the life of his own child just to gamble. Not all people would really be that responsible in regarding about their actions on which there would really be still those people who would really be sticking into their principles or ideas in mind despite on having their own family on which it would really be that a common approach that they would really be that sticking on playing gambling or something that they've been getting used to despite on having that new responsibilities in life. Gambling or putting up focus into that despite on having a family? You are really that just basically putting up your family into such issues when it comes to finances. We do know that when it comes to gambling then you are really that spending tons of money on which if you do have a family then this is something much needed when it comes to budgeting. If you are a parent but ended up on cutting those expenses just because you are playing gambling and your family doesnt have that proper way of living when it comes to clothes, food and other basic needs then you are just that showing on how irrresponsible you are. |
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My topic is based on those who are majorly into sports betting, we know in this aspect of gambling it is very risky to predict the outcome of any game from both teams to score, over and under, straight win and many more. Most times we bet on the big teams to win and the reverse becomes the result, either the small teams securing the win or ending in a draw.
Straight to the point most people are afraid of compiling big odds and now decide to go for lower odds with huge staking power which is not even guaranteed to give the predicted results. For example, there could be a match between Newcastle VS Tottenham Hotspur and both teams are having 1.5 and 1.3 odds respectively, a gambler may decide to bet only on Tottenham to straight win by only selecting this one game on his slip, what is your take on this kind of gambling, risking bigger money on some low odds with a small potential win and still the possibility of your pick to win is not even certain.
Whenever the odds arent really that too far off then i do usually skip off this kind of bet on which you could really be having a hard time on choosing on which team would really be having that kind of chance to win up. Of course people would really be sticking into those favorites despite of the low odds then some people do consider on having that kind of all in kind of bet on which i could say that it wont really be something that will really be recommended on which we know that upsets could really happen and just like been said that if these odds arent that too far off then they are somewhat match and its hard to distinguish not until you've seen the game live. Just like been said that i do usually skip out this kind of betting if odds arent that too far gapped. Also, having that below 1.5x odds isnt something that im interested on betting into 1.8-2 then i might reconsider. In betting then you should really be that always be wary about those possibility of upsets on which no matter how far those underdogs as long the game isnt over yet then there's always the chance of comeback. Betting on all in is never been that recommended. |
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Someone met me and we were had a conversation on trade and he told me that he has used all he has been saving for trading and asked me if he can make something out of it and I asked him if he had any knowledge about it and he said no.
My question is can someone that doesn't have any knowledge about trading and how the system work can he or she trade and be profitable in it? Since at some points it has some compliments bof luck.
After some time of discussion, he has been told that it's just for them to choose on the candles sticks if it's up the they want to choose or the one going up just with this idea can they trade with such an idea.
so I wan to know if it's right for the person to begin trading?
The complexity of trading can not be overemphasize such that even old and experience ones incurre losses at some point, let alone a newbie. Trading is not a reality show it requires technical knowledge and no one should be in a hurry to go in to it but rather give yourself some time and learn that which is needed before you can give it a try that is if you want. One of the main mistake when it comes to trading is lacking of knowledge and experience and we do know that everyone starts on being a noob on which there's no one starts on being a professional on which it would really be just that normal that there would really be those hardship that you would really be encountering on first try or engagement. When it comes on the questions about if trading is good for beginners? then everyone could choose up on being a trader and doesnt matter whether you are noob or not because everyone starts on the starting line. Its up to someone whether they would really be able to bare up with the risks involved on trading or not. So its up to you whether you would really be pursuing or continuing on becoming a trader or not on which it would be someones choice in the end of the day on which its a common approach as we do all know. It would really be just that depending on you whether you would really be continuing or not. |
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In the end, just make sure you have a brain to think with your logic, if you don't have a brain or your brain stop stopped working, I'm not surprised if someone end up become a gambling addict.
To know if gambling affect your personality and your life, just ask to people around you and if you have something that you're not fulfilled due to not enough money, you can make try to evaluate yourself.
I agree with you. It is important to understand the basic rules if you want to gamble, but ultimately, if a person does not have a brain, then all these rules will not help him. How many people know about these and many other rules, but do not apply them. Or when emotions take over, then all these rules are forgotten. Therefore, it is important not only to know all this but also to carry out Once emotions would really be kicking in then self control is really that on huge possibility that it would really be affected on which there's no way that you could really be able not to determine or you do make yourself aware on what situation that you are really that into on which it would really be needing up that self awareness. People would really be that messing up their lives on the time that they would really be making themselves tolerate on things which arent supposed to be tolerated like playing too much until you blast it out. You cant really that make yourself that able to control your emotions if your mind do think that you could be able to become rich with gambling. Know on when to stop? Then its a must thing as a gambler because once you do skip out and have no set limits in regarding with your gambling activity then most likely you would really be ending up on messing up your life with. |
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Whether you are rich or not depends on when you buy it and how long you hold it. If you buy Bitcoin during the Bearish phase and you are able to hold it until the market is very bullish and then you sell it, then Bitcoin will make you rich. Keep in mind that, Bitcoin has huge risks, but it can also make huge profits. It all depends on the timing of when you buy and sell it.
This is very subjective for each investor as it varies when they will buy or sell their stash. So it depends on their strategy how they can accumulate profits from their investment. The entry and exit points are also varied and so there is no concrete percentage of how much profit a user can get from this market. But before someone invests, he should know the pros and cons participating in this market. Yes profiting from bitcoin is subjective and when to enter and when to sell, it will have a considerable influence in increasing your money that you invest in bitcoin, but the biggest influence besides that is how much money you keep in bitcoin, this may often be missed but this is a very important part. If in 2022 you buy bitcoin at a price of $20k with a purchase of $20 then now it has risen 200% at a price of $60k, your money is $60 today, and what if you buy bitcoin at a price of $20k with a total purchase of $200k, it will give a much bigger multiple, right? not only when you enter and when you sell, but also need to pay attention to the scale of the purchase if you want to get additional wealth from bitcoin. Buy low Sell high would really be the main key on here, even to those people who had been saying that if you are going for long term then any entry point would be considerable but we know that for us to be able to maximize profitability then we would really be doing our very best on trying to catch the bottom and this is why people would really be keeping on questioning whether we are already at the bottom or not still. Bitcoin is never been a quick rich investment and its not something that too fast for you to become poor. The key on here is that you should really be having that realistic approach towards investing on Bitcoin or you would really be thinking about crypto investment as a whole. You would really be needing to know about the basics on how this market behaves and which projects or coins would really be worthy on holding for longterm. This is why it would really be something that will really be differ on each person because we do have different mindset and impression on things. |
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It's not always easy to make the right decisions. Are you a gambler? If you're offered 1 btc without playing or 5 btc by playing (with a chance of 2 to 1). What do you do?
You know what they say about a bird in hand being worth more than two in the bush. For me, I wouldn’t need much time to deliberate on this as I would certainly go with taking one bitcoin. I’ll prefer to go with something sure. The 1 bitcoin that’s being offered is certain while there is the possibility of losing out entirely while trying out your luck to get 5 bitcoins. There may be people willing to risk it and go for the 5 bitcoin. I wouldn’t exactly say some people amongst those bunch are motivated by greed to do so but it’s obvious the thought of having 5 bitcoins could be tempting. Actually this could really give out that kind of doubt or hesitance on not to get that 5 Bitcoin because if the agreement is that you could be able to get all the winnings you could be able to win up on using that 5BTC on which we know that this kind of balance isnt something that you could really be able to experience because there are average gamblers who cant really be able to have that 5BTC balance. This is why if you are somehow that a true gambler and wouldnt mind about securing that 1 BTC then you would be going into that 5 option on which you would really be thinking about those probabilities that you might be able to make something much more that 1BTC with that kind of balance.So choices would really be that depending into those people who had those kind of thinking. |
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insurance is really very important for someone, just imagine if someone had an accident and he didn't have savings and insurance to cover his medical costs, there certainly wouldn't be a hospital that would accommodate him because he didn't have anything to pay for his treatment and there was no guarantee that he would can pay the bill. and because of this, insurance is very important for a person, so that when he experiences an incident, there is a party who will be able to cover his medical costs.
in my country, the government has created a health system like insurance where each person only needs to pay 3 usd to 10 usd every month and they will get facilities such as insurance which can cover their medical costs when they experience an incident, illness or just a normal health check. it is available nationwide, meaning one only needs to show their health card and they can get the facility at the nearest hospital. it's really very helpful.
You would really only see its importance on the time that you would really be able to face up some struggle which it would really be that too common on someones behavior on which they would really be making out such actions on the time that they've seen that they are already on such tough condition. You would really see its value and relevance on the time that you dont have anymore money that you could pull out into your pocket on which you would be having those thoughts that if you do have just some insurance then you wont really be having the problem when it comes to financial assistance or whatsoever. Insurance is important because we dont know on what would happen in tomorrow on which it would really be just that wise that you should really be minding about security for you and with your family. |
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What do you think about this? Do such people deserve a platform even on Kick?
If the Kick platform allows such gambling streamers then nothing we can do about it. They deserve it or not is non of our business. Besides, even if we blame the streamer for attracting the user which eventually leads to gambling addiction, should we blame the streamer itself? We should be the ones to control ourselves and not be influenced too much by these streamers. Besides, these streamers, even though we hate them, didn't force anyone to gamble but rather just inviting. But in the end, I also support eradicating all gambling streamers but only those who are just doing gambling-related that easily without looking at the site reputation of what they advertised. I mean those streamers who are just streaming a certain gambling site without doing a background check if these sites are legit and reputable. There are lots of local gambling streamers like that in our place just to gather more views. Actually its their job on hooking up people and they've been paid to do that and its true that if ever someone do ends up on suicide because of too much gambling addiction then i dont see that streamers would really be getting all the blame in regarding into this stuff on which we know that you've been not forced on playing gambling in the first place. You were there and watching them and you've decided to make a deposit or register on the site and play like a madman. Ended up on having tons of loses and losing up tons of money on which simply shows totally wrekt in terms of finances then this is where problem do begins. This is really just that actually be that depending on someones own decisions in life because if theres those people who do able to control and moderate themselves then there would really be no such situation such as this. It all matters with your own control and with your own decisions because if you are really just that sensible towards it then you wont really be facing up any issues. |
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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.
Profit taking is very important in trading, because you only win a trade when you have closed that particular trade in a profit, why this is important is because, Sometimes, some profiting trades at last became a lost trade, and this has happened to me a couple of times, and a suitable approach to this, is taking percentage profits along the line on any major support and resistance depending on which direction you choose, long or short, and always put your trades on break-even once you are about 10% profits in that trade. Always secure profits and dont make yourself comes into a point that you do end up on regretting just because you had missed out on making profits just because you did make yourself a little bit greedier on which we do know that this is something that we must avoid since from the start. If you are that someone whose really that minding about making profits then once you have seen those greens or gains then secure it out. Dont wait for more because once you had missed then it would really be a regrettable thing. Although there are really conditions on which you would really be having that kind of considerations on holding back way longer because you've been believing that it might increase up even more. Holding long doesnt mean that being too greedy, it is really just that you are really that believing into something. Based up on real experience then i have been able to commit out those kind of mistakes on the time that i do make out some trading and once those prices clings up more than with my entry point then this is where decision making would really be needed. Outcomes and results would really be random on which it would be understandable. |
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-snip
Very good advice to warn addicted gamblers to open up to other people to get good advice so that the gambler does not experience fatal losses in his life in the future.
This will be successful if the person receiving the advice is able to carry out the advice well. Unfortunately, many gamblers have bigger egos than receiving good advice to apply. Even though the people around him have warned him not to chase losses, when he loses again, he will start to continue playing with the same method even though he has to lose more money. Gamblers who are addicted and cannot think by continuing to chase losses will only be able to control themselves when they are in a bad condition. Very true, an addicted person will not listen as he's thinking that he still in control, he will keep denying his addiction even its already wide open to everyone that surround him, but I agree that a good advise can be use as guidance if a person who provides the advise have an authority it might have a good impact and a possibility that will followed by the person who needed it the most. Most of the time, a gambler who keeps chasing their losses turned himself as am addicted gambler, someone who needs help and a good guidance to quit away from this situation. People would really be just that only stop on the time that they would be experiencing those hardship or on the time that they cant literally be able to play since they dont have the money that they could be able to do so. Chasing up loses would really be suicide because you would really be spending your money as much as you can be able to do so until you would be busting it up all.This is one of the main reasons on why gambling industry is really that profitable due into this kind of behavior of gamblers whose really that not mindful about on the actions that they are making on which they would really be that trying out to chase up those loses as long they do have the balance on which it is really just that a very wrong approach to have on this one. Gamble for fun and entertain yourself and not really just that trying out to make yourself that chasing with those loses and thinking that you could possibly do it. |
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With less than a month to go until the halving it seems like Bitcoin is ready to make another push upwards in an attempt to get to $100K before then. I have my fingers crossed, but am prepared to continue on with this challenge for longer than that if necessary. It's become pretty easy for me to get through the push-ups, but my lingering elbow pain is still there and more present now that I'm doing sets of 50 every now and again. I'm sure a couple days off would make a world of difference pain wise for me, but that's what makes it a challenge. On days like yesterday when I'm doing a lot of manual labor it would be very easy for me to skip a day, but I'm proud to report that I have done 100 push-ups per day every day going on 49 days now. The consistency is the hard part.
So that 62k is the floor? I do still expect that there would really be some drop as we fast approach before halving period but well if that was the last then $100k isnt really that too far off. In regarding about the exercise or push-ups then im not really just doing solely push-ups but also with curl-ups and with some jumping ropes on day to day until we do hit 100k. Even myself do set about $150k on which it might be that too far but i dont mind because having these exercises doesnt really give out a bad effect to body but rather the opposite. You arent really just that making yourself on waiting for you to profit but also you are making yourself that healthy on which we know that health is wealth as always. So keep pushing and grinding before i would be able to hit up that damn hard 100 push ups per day. |
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I would like to discuss this topic, the joy of victory. Much has been written about this, but nevertheless it will always be relevant. Many players naively believe that someone other than themselves should be happy about their winnings. I don't think so. Of course, those closest to you who directly or indirectly depend on your money will be happy about your winnings. But neighbors, friends, work colleagues, at best (at best!) will receive the news of your victories with indifference, and at worst, with envy. I know that many friends and acquaintances get depressed when they find out how much you have earned. For them, it will be an unnecessary reminder of their failure. Often friendships end after one person becomes very rich. People lose common topics for communication, common interests disappear. Of course, things are different in sports betting and trading than in business. Here success is less stable and a person can often fall back into poverty more quickly. But it’s still better to hide your victories from others. I've seen many clear examples.
This is why it would really be that important that you should really be making yourself that lowkey and never intend to boast up if ever you do win up some significant amount because you do know that there are people who would really be getting jealous with your winnings or status on which it would really be that a common thing that they would rather be giving out those kind of curses or bad words towards you that you do get a sickness or something that makes you down on which it is really that sad. I can say this basing up on real experience too that even with your relatives they would really be having this kind of jealousy on which it might really be that resulting for you to have that kind of treatment or relationships been that destroyed because of envy. This is why it would really be better that you should be silent on whatever money you are earning so that you would be able to avoid these kind of conflicts in between relatives or even with your friends or whomever you have around. |
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What's the essence of all the hustle and bustle and learning and reading and keeping all the sleepless night? Isn't it all about money?
What if I don't want to go through all these process, don't care if I'm a graduate or not or if I'm good at speaking good English or not buth I'm just focused on how to make the money and end up making the money, won't the end justify the means?
I sometimes feel that some of these ideal process that has been accepted by the majority of the people in the society as a part to be taken to greatness is too complex. I mean, we can just learn how to read and write and focus on how to make money. Those who want to become engineers can choose to do so but those that don't want to pass through those route shouldn't be seen as less of a person because at the end of the day, it's mostly all about money.
Success is something that could really be seen into your life status when it comes to financial aspect on which this is something that really matters but we know that having financial education would really be always having the upperhand or something that would really be having that kind of advantage on which this is something that you would really be needing up to know things around but its true that we've seen people who doesnt have that kind of background when it comes to education but still they are much more successful in compared to those who do have high degrees in terms of life status. This is where some people do really put their focus on because just like on what you've said that money would matter the most. It is a sign whether you are a failure or successful person. Although it would really be that a wrong mindset that you wont really be going to school and getting a degree because you've chosen this kind of path on which we know that not all would really be ended up on being successful and it is really that mixing a bit of luck when it comes to life conditions or situations. |
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The worst thing that can happen to a person is to develop a gambling addiction since it will ruin relationships with family and friends and cause them to lose focus on the things that really matter in life, which is their family.
I don't why some people find it difficult to comprehend that gambling doesn't bring wealth, rather it will drain your savings and cause you to lose your family. Even after being aware of this, people are still found to be hooked on gambling(what a sad world we live in)
Getting addicted to gambling can gives that person many problems that he can't imagine because that can ruins everything he had, including his relationships with family and friends and people in their social. He can lose everything he had, including family and can't fix the problem if he doesn't realizes that his lives is ruin. Recovering an addicted needs awareness from the addicted to see that their lives already changed and become worst. They needs to know that they can't get many things that they had before because they don't see the other things as something important to them. They only want to playing gambling and that will not stop them to take a break. It's why someone needs to learn and practice self-control to prevent the bad things that can comes. On the time that you have engaged with gambling then it would really be always best that you should really be that careful on making yourself not to be addicted because once you do get shackled with addiction then there's no way that you could easily be able to get out. Self realizations on the actions you are making is the key because this is where you would really be able to have that kind of moderation on which you would really be acting out accordingly basing into the condition that you are currently experiencing. Dont let yourself comes into a point on getting that addicted because it would never be simple on trying to heal that addiction. Recovery could neither be that done via ones control and awareness and if you do fail then you would really be needing some external help from loved ones or even professionals. Dont make yourself put up into such condition because the only main key on here for you not to be addicted is on the time that you would really be having that kind of control and moderation towards self on which this is something that not anyone could really be having. |
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People also fail in trading because besides «buy low sell high» they dont know anything. When the price goes lower than the original price they have bought for, their plans gets destroyed, because they dont know what to do, that is not what they expected. People like that sell at any price they can, quit and raise panic at the market, thereby creating new wave of unsuccessful traders.
There are only two reasons why the majority of traders always fail. First, they think that trading is just like gambling; second, they don't really know anything; they just use their greed in the hope that they will get a profit through an assumption or guess, which is wrong. There are only those two; if you don't have that reason, for sure you will make a profit in the end. That just means that you have knowledge of trading and know what to do with actual trading in the crypto space. With proper knowledge success can be achieved, and I agree with most of those who failed in trading its not something that you can treat as gambling, there are fundamentals that you needed to understand before you can have a proper grasp on it, the more you know what you are doing the better progress with your trading participation, without the proper understanding you'll keep seeing yourself losing your money. Better to understand the concept and learn more about possible strategy to use, there are many available information that you can use to increase your knowledge, just need to be more keen and always be available to adjust. There are things that cant really be able to learn from just reading up those theories or into those which are written on which you would really be able to get up those other learnings from actual experience on which it would really be just that a normal approach that you should really be needing to have that real time engagement rather than on making yourself keeping on reading up those theories on which we know that technicals cant really be precise or even with fundamentals too. You would really be needing to experience those tons of trial and error into this journey on which you would really be needing up to adjust accordingly and this is something that you should be putting up into your mind. Failure and mistake are your stepping stones on making yourself way more better.It would really be just that depending on how you would really be expecting yourself to handle out such condition and would really be able to adapt accordingly because not all does have that kind of mindset and self control in regarding about their emotions because once they do able to experience such hardship then they would really be just simply quitting. |
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