What is happening in the Bitcoin market is not what many wouldn't have expected, and in a situation like this, people often attribute one thing or the other to it. However, I will have to zero my mind on the FTX liquidation link for now due to its unpopularity and because in the normal market where something like what we see with Bitcoin these days is not happening, it will not hold any water but analysts often like to link too many reasons to a situation in whose reason for buying or selling can be so unnecessary.

I believe Grayscale liquidation for their ETF kickoff is one of the main issues of Bitcoin now, and this transaction which caused the liquidation of BTC for alternative channelling is gradually causing some sell-off in the market and the recent market sentiment is another reason. Investors now see the market as bearish so they are hesitant to add money but a few are removing the money still (increased supply).

What do you expect in such a situation? And the more support levels Bitcoin breaks, the more it will fall.

Reading this, I believe you know what you are doing as my expected target after breaching $40243 (1D Fibo level of 38.2%) lower is $37,519 (current 1D's 50% Fibo level). Bitcoin is not in a good moment now as it is falling and might continue to do so for the rest of January, especially with the renewed bearish pattern seen on the weekly chart. I knew it would fall yesterday, the price actions on the weekly and daily chart prove that in addition to some strategies. As it is, Bitcoin might continue to be pressured for many reasons, and the ETF approval that backfired with the reduced willingness to buy which is partly due to the selling by Grayscale and some other factors will continue to make the market unappealing to buyers. We will be seeing enough of the sellers coming into play over time, regardless, if $37,519 holds, it might be the level at which the market will turn back and the bullish impact will be so strong if this happens.

Maybe you are confused by what he said, and perhaps, he should have defined it better. Once the body of the message is yours, you can't be penalised for it and will never be the same as another person's work. So there is no way this can attract any infraction since it will surely be void of plagiarism and the AI writing violation of the forum.

What I see here is just a misconception, many AIs that are good in writing and editing are not even used for direct writing, they will not be able to auto-generate such for you. Many of them are even encouraged in school as they help students develop their English learning and writing skills faster and better. A good example is Grammarly, it will correct your errors in writing and before you know it, you can be a better writer without it within a short time.

I think we are a bit different here, I started gambling with fiat when the cryptocurrency was never been born, and that makes it easy for me to still gamble with it in addition to my crypto gambling till today. The fiat is more convenient for me especially this time when local currencies can be used to deposit and withdraw money. But the moment I started dealing with cryptocurrencies online, it became easy to move money in and out and I've been depositing and withdrawing also with the two for years without issues. Besides, you might be right that crypto-casinos and fiat-casinos are marketing and attracting their customers the same way, this is even as some casinos combine the two (crypto & fiat) together for easy deposit and withdrawal depending on what the customer has in their purse at that point in time. But we must also know that cryptocurrency still allows better offerings for customers which is another point of advertisement.

All the fiat casinos I know today are duly registered in a country, paying taxes and are regulated (strong or weak), so they have limits to their promo offering and have strict documentation. Some people will always go for the no-KYC casinos, and these days, such is only common with the crypto-casinos due to sanctions. So if someone who is not willing to do KYC with casinos can see the "no-KYC" in adverts, it is an added reason why they will shun others and opt for it. Aside from this, I do not think there is a special reason why one will choose between a crypto-casino and a fiat casino, after all, all of them have good marketing strategies, perks and bonuses, good UI and workable gambling platforms, security, customer support and many others you can think of which are what attracts users to gambling platforms.

I understand quite well, and Noted, I will be more refined with my word (ingrate) next time. But to me, I never see anything big deal there since I was just referring to the over-expectation of people on Bitcoin despite the fact that the coin performed well last year and the first 2 weeks of this year. I believe that investors and traders should be contented and appreciative if they actually gain and not lose even as Bitcoin almost hit the level you called with only about $1,000 deficient, which was why I used that word. As a trader and investor, I've learned how to be appreciative of the market, this has also helped me to preserve my psychology since nothing is so little, as long as it is a gain, is better than a loss. I do not want to repeat myself again, but one thing that is certain is that Bitcoin sold for over 2 years, we do not expect it to recover so fast, and if not for the ETF, we wouldn't have seen the coin crossing $33,000, not to mention hitting the year-high of $49,000+. We also do not expect it to hit the ATH in just a few months, there is time for that and patience is needed no matter how aggressively we want it to push higher. We are all expecting halving, the current ATH was hit by the effect of the last one, and in the next one, higher levels will be patiently touched even as it moves past your $50,000 soon. This might even happen before the halving, but most likely after it. Cheers!

I advise you to learn about gambling and know your approaches to it. You also need to know that gambling is not a do-or-die affair and you can both lose or win in it. Ensure you prepare mentally and financially, and you must be so budgetary with it and have good plans that will not affect your gambling account and sanity. Above all, you need to be cautious towards gambling, gamble with a small amount and the money you can afford to lose, especially when you are just starting.

Just zero your mind on the outcome and expect either a win or a lose outcome. And anyone that comes should be accepted in good fate. Avoid being emotional after the result and never revenge your losses. Or else, the chance of losing more is very high.

I don't have special advice for you here other than to be yourself. Do not be too excited about winnings and continue to bet with an open and neutral mind if you must continue. But still do not let emotions be triggered if you lose the money back and still lose more. This often happens in gambling.

I don't think there is any excuse for the Muslim faithful to gamble. Gambling is forbidden in Islam as I know and I believe the faithful should adhere to that unless they just want to set the religion aside and do as they like. No controversy about this, it is plain, so any Muslim doing it must know that they are not completely being faithful to the religion. Well, we have our lives to live, what really matters is a good life you live that is void of evil and selfishness, once that is done, I know that God can't forsake you, religion or not.

Nevertheless, in plain terms, a core Muslim person will not gamble, but it is your choice to be a core Muslim or not.

I think Christians are bending things due to the better grace and freedom we have more than Muslims. Even with that, all I know is that the religion forbids you to do anything that will hurt you or hurt you. If gambling is hurting you, you should let go so that it will not become a sin to you.

I am not saying that I know the Bible more than anyone here, nonetheless, I will still be glad if someone can point to a place in the Bible where it is said emphatically that we should not gamble.

To gamble is not the issue but the issue is the preparedness for the gambling activities, many didn't prepare, and that is why we hear all sorts of bad stories about them. Even if people lose in gambling, they can still be fine if they have good plans before entering the gambling house or opening their gambling platform, but because there was no initial learning or warning, that is why they fall victim and it is often late for them to realise this. One of the good plans of gamblers is to know the amount they will be using for betting at a defined time period, they should not just bet anyhow, they should be purposely, conservative and apply wisdom to their budgeting. This is what calls for responsible gambling practice through the right budget, there can be daily, weekly, monthly and yearly budgets for gambling, and the gambler must ensure that he plays by the rules to fulfil them.

After all, it is to his advantage and it will certainly be to preserve his money from wastage. I love to encourage gamblers who love gambling to do it often to limit their excesses as much as possible, and depositing $10 at a go is not a bad idea, especially if one is betting for the fun. One can bet with that 5 times by using $2 in each betting, this will discourage uncontrollable spending in gambling. Also, I do not encourage people to knowingly size the amount they want to gamble with their salaries and earnings, but if you must do so, you should never go beyond 5%. I prefer 0.5%-2% if the money is big, but if it is small, one can still do 5% at most. But it is not such that should be wasted at a go, a good plan and purposeful gambling is also key.

This is thoughtful of you, and it is a discussion that is not so common even though I and some other people would have thought about this. Well, I pity the next generation, if things are not being done to avert issues now, it will be so bad for them, especially these days that parents are not even wise, and most of them are still to be trained not to talk of them training the children. This is why you see bad products everywhere to the point that you will not even be sure if they (children) are trained at all. But that aside, gambling is a concern truly, and this concern is mostly about addiction which can cause a waste of money and insanity in people. If adults are still battling with gambling addiction without a green light of hope to be free, how much are the younger ones, especially those who would become addicted at a very early age and later become adults still doing it?

This can't be fine at all as it will be more difficult for them to let go. Technology is partly blamed here, as good as it is, it has its evil too, but still, everyone's hands must be on the desk in this regard to save the coming generation. The parents, the teachers, the concerned friends, neighbours and relatives and even the government should have the roles to play here. The best is to educate and let this younger generation know about gambling just like how they are encouraging people about sex education. They should expose the bad and good sides of gambling to them and give them tracked/practical examples of how gambling addictions work and how it has affected a lot of people. Maybe this will go a long way in creating fear or awareness which could cause caution in them before they become engrossed with what might affect them for the rest of their lives.

Thank you for this. When you hear about offline gambling from most people, the first thing you hear them saying here is the security as if it is that bad. How many offline casino players have you heard that they waylayed? This is not as common as people make it look here and they are only referring to the old ugly incidents in this regard. That was when the world wasn't like this when people were risking payments with much cash, and even the banks that move cash around are still being threatened and attacked by robbers, so it is not new when it is physical cash. These days, I do not know the casino that will pay a huge amount in any case to a winner. As it is not safe for the bettor, it is not also safe for the casino. The best is to credit him electronically and he will be fine. Even the time they will do the crediting might not be immediate and a few internal people will know about this for safety concerns.

Also, look around you, you will see a lot of casino houses if you are living in an urban area just like me. Till today, I have never heard of such an ugly incident in which robbers attacked a bettor because of his winning even though I knew some that won tens of millions in my local currency. Also, people seldom talk about the hacking of the online casino as a security risk. We hear of more hacking than the robbery of physical winners which makes the allegation of the security of the offline casinos to be ill-conceived, it is not just constructive. For this, gamblers can enjoy the two if they so desire, they can bet online when they do not have the time and urge to go for offline casino betting and don't prefer the physical fun it it. But when they want the extras, I think nothing should stop them from going out and making their betting and have fun.

First, it is good to know that you are a careful gambler, and with what you iterated above and what you believe and avoid in gambling, if you can keep them truly, then you are good to go with no reasons for worrying. It shows clearly that you are mostly gambling for the fun but if the money comes from it, you will be happy. This is the right mindset to gamble, so I do not see any reason why you do not tell your husband, you are not just irresponsible with it. Gambling is not that bad, and even if your husband is not gambling or a religious person who frowns at it, it is still his right to know unless you are practising something else but falsely calling it family.

To me, although it is subject to the kind of spouse we are talking about, everything should be revealed in the family with an open mind. It is better for him to be angry or even scold you, but as a family, you will still come to a reasonable conclusion on this. Perhaps, if he tells you to leave it (which I don't think so with your responsible gambling style), you should please yield. This is in the name of peace, after all, gambling is not a must but your relationship is as a couple.

I frankly support your opinion here and it is the same thing I advised initially. But perhaps, if the nephew could get the money externally or is working to earn it, then it is still cool, nevertheless, such must be talked to, and good advice about the risk of gambling must be given so that it will not be as if the uncle is a wicked person and doesn't want him to be free even at that age. In all sense of it, once someone is dependent, there are still limitations to what they can do especially if they are under someone's care, and in this case, it is not their hard-earned money, so why waste it? They do not have the moral right to waste it and being an adult doesn't give you the automatic right to do adult things, it is your status that will encourage and support that. The nephew must be ready mentally and financially, and by that, he must ensure that he can only qualify for total freedom if he is financially independent of his uncle and not otherwise.

I have seen a lot of similar cases, and I at times, blame the upbringing of some children. The environment they grew up in and the kind of friends they keep matter too. But no matter how much you frown at it or try to stop the nephew from gambling, such like him still do it behind your back and you will never know. And even if they win, they know how to keep it without you suspecting it. It could be with their fellow friends or another person they can trust. But what I do not like is when the uncle who frowns at it now becomes supportive after they win big. I just don't like that, it is a kind of selfishness that shows indiscipline. This reminds me of a skit I watched with a similar narration.

What a story! As dramatic as it is, it is happening and I am a living witness to it. You know what, people could do a lot of unspeakable things if they are addicted, while some are not just addicted per se but are only stupid. They often think that they are smart and because of greed, they continue to risk what they shouldn't have risked. About the case of your friend, my mind tells me that he was only too self-believing and greedy to outsmart his friend with the capital and use it to make more money, that's what caused it. Regardless, I am happy that he is now a responsible gambler, which is the best as gambling is never the best option when we are desperate for money, only a tiny few had the opportunity to gamble in such a situation and were able to make money from the betting.

The first thing we should learn and always do in gambling is to ensure that we do not use more than 5% of our total available money in gambling, nonetheless, I believe that rich people will be gambling with far lower amounts, so it is not a yardstick, I am just given an example for those who have a certain amount as the only money with them and would still want to be pushed to gamble with all, which is foolishness. If it is passing that percentage, then trouble is lurking for the gambler, it mustn't be that way. Besides, gambling is risky, and if you need money, why not go for one work or another, it might not be the best job at that time, but you can make it your temporary work until you can fix yourself. Not betting due to desperation, you will lose the money almost certainly.

As for me, I have never been in that situation in gambling, I have always behaved myself towards it. But for trading, ohhh, I have too much bad history with it. But in the end, I become happy with it. Is it the money I had wasted? The money they entrusted in my care? My school fees? Project money? The money I was supposed to use to buy lands and properties? And many more, I have so much bad history with trading no matter the angle you can think of.

As simple as loneliness could be called or viewed, it is so devastating if the person is not careful about handling it. We should always stop loneliness from the beginning especially if we know that it is causing us to do more than what we should do when it comes to engaging in our hobbies more often, this is a sign that things are getting wrong and we should make a change that will in turn actively change the narrative. In gambling, it might be the worst part, though many other things can cause gambling addiction apart from loneliness, and I must say that I know many people who are not physically lonely but are so addicted to gambling still, and are even wasting money on it because it shows clearly that they are not making money from gambling judging by their way of living.

For such people, they might lose but still have people around them who can keep them going even without slipping into a depression since they have people to talk to, and friends to drink with, and before they know it, they would have forgotten that they have lost, or almost forgotten it because, at times, it will not be easily let go. But for loneliness, it is devastating in loss, no one to talk to you or cheer you up, that makes it
even worse. This could lead to depression easily if care is not taken and if the person bets with the amount he can't afford to lose, maybe specifically with the money entrusted to him, or even worse. This is why some would even have some bad thoughts that I don't need to mention here which makes it worse than all causes of addictions combined because it is you alone, so you have to face the darkness all alone.

Bitcoin halving has proved itself to be causing more demands for the coin so I do not expect the one of this year to be different. But it might not be as immediately as people would want it, it is the post-halving effect that will push the price of Bitcoin higher and this will take time before it starts happening. However, let me try to answer your many questions one after the other and also in the order you asked them.

I expect Bitcoin to start being volatile shortly before and after halving, but not much effect would be generated at first, it might take time before this happens. Judging by what happened in the last halving, it could take even months before huge bullish movements will happen. And yes, from the past halving record, Bitcoin has always set a new record, which is why this time may not be so different especially when the coin is already close to its ATH, and thanks to ETF for that. After halving, the bullish movements will start happening and huge buyers will be regrouping as FOMO will be reappearing in the market which will become much over time.

As for the sellers after halving, anything can happen in the market, and just like the ETF approval betrays the expectations of people, the first days or weeks after halving might be greeted with a bearish outlook, we never can tell. But with time, I am certian that Bitcoin will start moving dangerously higher with huge volatility. It is also important to say that the sellers might want to appear in the market but in their little numbers if the market is not encouraging to buy initially after halving. And this will course not only cause more sellers to move in temporarily and try to take over the market. The situation will also dissuade some intended buyers until they are convinced of a bullish market.

Any gambler could lose whether they are angry or greedy, or even have a neutral mind about it as it is a game of either side, it is either you win or lose, and no matter how you came prepared, you can have either fate. But it is said to aggravate when they do not show wisdom and restraint in their gambling, especially when they do not have a plan but are just gambling. Plans must be set aright before gambling for any reason, the plan must include how to gamble, the games to gamble, the budgets for gambling at that period of time and how many times you would gamble with a certain amount of money. If not, it will be like a car without a brake that will be moving anyhow with no control on stoppage, which is so bad for the gambler. This is certainly a way to do oneself harm while gambling and it might be too late for such a person to realize that. This is what can check our attitude towards gambling, but we also need discipline, and once we can enforce the discipline rightly, there is no way we will not be patient in all our gambling activities. More so, the plans and budgets we have will help us to be able to preserve the discipline as well.

The big win isn't always coming so when there is an opportunity to win such, it should be well utilized. Such money is not free money like many would term it, it is also not from an illegal source that warrants it to be wasted, so it should be treated like the money that someone sweated for. This is possible only if we appreciate the big win rather than being subjected to emotions where people waste it one way or the other simply because they believe they got it cheaply through gambling. If the money is big enough, some people could even start a business with it, but if that is not your calling, why not try investing online, or buying land and properties with it?

One could also buy assets like gold with it so that when they see it, they will know that this is from their big winning from gambling and they can forever remember and appreciate it better that way. Not wasting it in the bar, clubs and other places, or gifting friends anyhow, that is a waste. However, gambling continues still, one should not because they had won big totally abandon gambling, they can continue with a small fraction of that money as it will also be unwise to commit a bit amount or all their winnings back to it.

This caught my eye and I must say that you must have had enough spare time to check this out. If they are true, then I believe these guys knowingly inflating this merits number. This is deliberate judging by the huge difference between them. Also, they are not kids not to know they need to count their merits right before applying, they only know that CMs don't have much time to verify merit numbers and use that advantage.

I watch in pity these days trading strategies and results from YouTube and others, they are just capturing the best moment which they can use to cajole people into believing their trading strategy or even use their system. Some could be free, while others could be paid, but in all, they are making sure that their online activities are active, it is the trader that will need to apply wisdom. But it is not all the strategies and approaches towards trading that are bad,  only that they may not not as good as they claim they are, but trading needs more than what they are teaching people, while many of the ways they are even teaching are not supposed to be so. Nonetheless, it is still a plus that they will eventually introduce the trader to something and that is fine, it is now left to the person to practice what they introduced whether or not they will work and to continue learning as trading needs much of learning and I do not think there is a stop to it, ever.

In addition, trading is a survival of the fittest and traders should know that they can't get it all done in a single day. It needs patience and the perseverance of the trader, and this must be worth it if the trader is learning continuously. That is the only way improvements can happen. I also urge all traders who are still searching for a trading strategy to be sure that they have good management and plans, they should not leave themselves to emotion, a good trading psychology will also help the strategy you know to work. It is not all about the strategy alone, the way the trader uses it matters too.

Disappointment? How? Anyone expecting more from Bitcoin despite how much it performed last year is an ingrate. The issue is that human expectations will always be more and more, it can't be satisfied even as things progress, and what I can only relate to it is greed. From the beginning of 2023, Bitcoin started barely at $17,000 and moved higher in a few months and was able to hold at almost x2 of the price for many months after. All what I saw was mainly $40,000 on the forum which I never knew Bitcoin would even reach throughout the year. But for the ETF hype, the coin moved higher and even beat the expectations of people and almost hit $45,000 in the year.

In the second week of 2024, it reached above $49,000 which is closer to $50,000, anyone who is not greedy should have even liquidated their position if that is what they are so desired to do. Bitcoin, as far as I am concerned, was heroic last year and what we are experiencing this year is very normal. We all know that ETF made it move too much, and the market was overpriced, so it is normal that it shed some pips to ease itself before there will be the continuation of the bullish movements which I believe will hit the $50,000 easily and pass it this year. We should only be grateful that it hasn't dropped lower than its current price ($41,595) now.