To Op and anyone that have been a real bitcoin enthusiasts. I admire how you are wanting to support Bitcoin through this means of introducing it to someone. But there are right ways of doing it and I won't do the same thing, I'll tell that guy to invest on their company's resources that shall increase the productivity of their workers and company's sales and profit but not through investing in BTC. I know that his friend will surely listen to his advise, because BTC has plenty evidence that will make people to believe that it will going to bull massively to cause people to earn from the bull run.
He might listen but it's best if that friend will invest to Bitcoin as an individual and not with his company's money. |
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Are there other strategies for profit taking?
I think it is the common and you've said it about DCAing. This one; 2. DCA out at every milestone of the project.
You sell whenever you are in profit and you just do it every time that you're going to need some money. But apart from that, as long as the price targets are being hit, you'll sell maybe 10% or so depending on how much you need. Not another strategy but it's very common when someone does this because it's very effective and the rest that you still hold could bring no longer heart feelings when you've taken out already huge profit. |
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This duo in Dallas Mavericks is insane! 30+ points to each of them. The teamwork is really alive and their chemistry, compared to other teams there is only 1 player that got the most points. LuKai is doing it.
Well done for this tandem. Despite that it was an homecourt advantage for the Timberwolves, LuKy was able to score this match. Mike Conley was the key player on the possible overtime when there were few seconds left. He's fouled at 3 point line and Dallas was on the 4 points lead. He has to shoot first and second free throw and possibly to miss the third one and get a quick response to have two points to just tie the game. But he didn't shoot the 2nd shot and by that time, Luka already clapped and that's their victory. |
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It is not going to help if you tolerate him and you still lend him some money even if you understand the situation and it's okay for you that you have the idea that guy might not be able to pay.
It is not compassion if you're going to help him get some money so that he can continue to gamble. A real friend won't tolerate that but instead will educate the addicted gambler to stop it.
Whether he'll get love or hate from that addicted gambler, at least you have expressed and said the right thing to do.
It's true, as true friends we should be able to give good advice and advice to the gambler, but I don't think all true friends are willing to give good advice because the worry is whether the gambler will accept good advice from us if he can't accept it. then it will become a new problem between friendships, right? IMHO, the gambler will eventually realize that the care is there from the true friend that suggests him to quit and doesn't tolerate his addiction. He may think as much as he can that he's not getting help and they're not real friends. But as we have said, real friends will never tolerate their friends for their bad actions. And those actions are going to put them into a bad situation that they may have hard time of getting out. And in my opinion, the step we have to take is to give a small loan only once if he can't and give an agreement that if he can't pay it back as promised then next time he won't be given another loan so that in this way the gambler immediately understands and become aware immediately so you can reduce your gambling addiction slowly.
No, I don't think it's a good idea. Just never grant him any money or loan. |
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It is not going to help if you tolerate him and you still lend him some money even if you understand the situation and it's okay for you that you have the idea that guy might not be able to pay.
It is not compassion if you're going to help him get some money so that he can continue to gamble. A real friend won't tolerate that but instead will educate the addicted gambler to stop it.
Whether he'll get love or hate from that addicted gambler, at least you have expressed and said the right thing to do.
If I was a friend to an addictive gambler and I am in a shoe to advise them to stop gambling, I won't hesitate or stop doing that at any minute I got the opportunity to do so. I have oftentimes try to relate the addiction of gambling to that of drug abuse, permit me if that's not true in your opinion, hence it's very difficult to survive it whenever you're an addict. I have a friend who was a drug addict and another one who was an addict in gambling. The only difference between them was that the gambler was able to leave gambling in the long run, whereas the drug addict had to pass through rehabilitation before he stopped but they almost behave the same. Like, when they are broke, they still try to go into the practice even when it will require them to borrow money from people around them. And even after they have promised to stop, they can still hide and go back. So, if I was a friend to an addicted gambler, I won't stop to advise and encourage him to stop, part of which is denying him the funds to play the gamble even when I have it. We shouldn't tolerate friends like them because we're not helping them at all. I know that some friends really have soft heart and they can be taken as advantage by that addicted gambler. If you can't help yourself but to help them still, give them food or anything in kind but not money because they will reason out that they need this and that. But in reality, they're only making a reason so that they can still have funds to gamble. You know, an addicted gambler will do anything in their capacity and reasoning. |
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If a gambler will continue to have that kind of mindset, he's nowhere to go. Many of his friends are going to be away from him if he has taken a loan already from them even they're paid.
Because out of the activity of being a gambler, they'll look to themselves being a partaker of their friend who's addicted and has the habit of taking loan for gambling.
Yes, you are right, if we have a friend who is a gambler, especially if he is said to be a serious addict, we must always be careful because it could be that we often borrow money from us and the money will not be returned quickly. Sometimes, if we have a very close relationship with a friend, perhaps we will not bear the suffering he is experiencing and with compassion we are ready to help him by lending him money even if it is used for gambling. However, we must always remember that we must be prepared to give up the money if the return does not match the promise to be paid. So, those are the consequences and risks that we will bear ourselves if we lend money to gambling friends. It is not going to help if you tolerate him and you still lend him some money even if you understand the situation and it's okay for you that you have the idea that guy might not be able to pay. It is not compassion if you're going to help him get some money so that he can continue to gamble. A real friend won't tolerate that but instead will educate the addicted gambler to stop it. Whether he'll get love or hate from that addicted gambler, at least you have expressed and said the right thing to do. |
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While I appreciate your list about how to control gambling habits, it still going to boil down to our emotions. And that will surely be agreed by other gamblers.
If you are in the right emotion, you'll set a budget, you'll play safe and all of those that you have said.
And you'll also not going to be greedy with any amount that you win. You will take a part of it so that if ever you gone out and lose, you are not going to lose all of them.
Having a gambling budget to manage our gambling activities is okay but we should have the willpower to implement them. Having a good plan or okay but abiding by it is more important. So I agree that our emotions as important as having a good plan. Greed propels chasing of loss or gambling more than we can afford to lose. So if one can be content with gambling outcomes at a particular time, the chances of becoming addicted will be slim. But the problem with many gamblers, the contentment won't be there as soon as you started to see you are on a losing. That's the hard part of it and that's why someone who's good at controlling with his emotion and then losses it eventually will have to try it even harder. It's not just all about losing but I agree to the latter part about being addicted to it. So, if you're not going to make yourself comfortable with how you gamble and you can't maximize your potential profit as to how you control your emotion. You need to be careful with that because these habits will definitely going to lose your mind. |
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While I appreciate your list about how to control gambling habits, it still going to boil down to our emotions. And that will surely be agreed by other gamblers.
If you are in the right emotion, you'll set a budget, you'll play safe and all of those that you have said.
That's somewhat true, and aside from that, the consistency to control these emotions is also important because we sometimes repeat the same mistakes despite knowing the solutions. Yeah, that's another part the consistency of controlling it. If you are able to control it and you know that you are in total control, there is nothing to worry about you when you gamble because you know how to set it up and volume it down. Not like those gamblers that cannot control themselves, they are having an headache to themselves and that's why they keep on losing more because they are forgetting about that it is their emotions that keeps them pushing on. |
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I think if these telegram bots will serve as a platform like the ones that we're using for swapping, I'd be fine to use them but with small amounts. Not an actual wallet.
So, the swap goes through them like the instant exchanges, I might give it a try but not going to be more than $50.
But I need to find tons of reviews first before trying them out. If it's with the experience, I'll try it soon but not this time.
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While I appreciate your list about how to control gambling habits, it still going to boil down to our emotions. And that will surely be agreed by other gamblers.
If you are in the right emotion, you'll set a budget, you'll play safe and all of those that you have said.
And you'll also not going to be greedy with any amount that you win. You will take a part of it so that if ever you gone out and lose, you are not going to lose all of them.
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Maybe that's the right setup for them, the more trade they do the more chances of winning their trades will be.
And so, that's the belief that they're having because they potentially think that they need to have more trades to be done for them to attract more chances of winning.
Well, somehow there's half truth with that but on trading. You need to study very well the market and the charts and you'll be the one reading it with the candles and I agree, you need to do it with the right setup.
From those factors that you know as a trader, you'll get the idea on how to do it very well but you'll learn it the hard way because you might get a lot of losses first.
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In the latest video analysis, Crypto Banter predicts that Bitcoin could potentially reach $84,000 within the next six weeks. This forecast is based on recent Bitcoin closing prices surpassing key levels, indicating a strong bullish trend.
Key technical indicators, such as the lower RSI levels, support the bullish sentiment for Bitcoin. Bitcoin has been consolidating for 82 days, and breaking above $74,000 would signify the beginning of a new uptrend phase. All indicators suggest that, with strong technical analysis and market dynamics, Bitcoin could potentially reach $84,000 within six weeks.
That's the kind of prediction that I like to hear and that's not impossible because anything can happen in less than a day. Like we're $66k yesterday and we're now at $71k. We are in the bull run and these prices that are being predicted can happen. Because the current price is so close to that amount. But if it's too much like a $100k for the next six weeks, that's unlikely but not impossible in the long term. Prices could just jump too quickly and back down again. There is no telling though whether we could really hit 84k by the next few weeks. Don't get serious, it's just a prediction so whether it happens or not that's just a guess. But if it happens then that's a blessing to all of us, and all of us are going to be no doubt happy. Everyone has its own analysis of this market but I think we all agree the trend is going up. All there is to happen is to reset the momentum again for buying spree to resume.
That is because we're in a cycle every halving's done, the bull run starts. Forget about those that don't buy even until now, they've been given a lot of time to buy but they only want to buy when Bitcoin's up. |
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From there, it's not a good response and action if you have to deal with failures and frustrations. As a gambler, we're very emotional and since it's attached with money, you'll be dealt into incurring more losses and financial loss upon losing control emotionally.
This could be the case, if a gambler has experienced severe depression as a result of frequently losing bets so that the money he has has run out and there is nothing left, then the gambler will think and immediately take action, it is better to borrow money from other people so that he can carry out his gambling activities and he didn't think with common sense first that the step he took was a big mistake for his future life. Instead of feeling happy, he will soon experience regret, sadness and adversity. Yes, this is based on losing control of their emotional feelings as you said above and in my opinion, this kind of experience will be experienced by gamblers who are seriously addicted, because this type of gambler is not able to control themselves well, which includes their mindset. They only think about how they can continue gambling. If a gambler will continue to have that kind of mindset, he's nowhere to go. Many of his friends are going to be away from him if he has taken a loan already from them even they're paid. Because out of the activity of being a gambler, they'll look to themselves being a partaker of their friend who's addicted and has the habit of taking loan for gambling. Indeed, with those gamblers who feel frustrated, of course they will take big risky actions, such as continuing to gamble or even risking the last money they have, hoping that a miracle can happen with the gambling they do so that they can get a big win that can cover all the losses that have occurred, but unfortunately it's not as easy as you think. Even though they gamble with the aim of recovering losses, of course this does not guarantee that they will win, and another risky action is borrowing money to gamble, but such an action is certainly not right, because it will only make things more difficult.
Of course, everyone is not happy about losing money, but we have to be able to see what causes our money to be lost, with gambling it is something that can definitely make us lose money, so it is not strange to lose or lose money by gambling. Moreover, if you gamble with an uncontrolled emotional state, then big losses or losing more money is something that is certain to happen.
That's actually the start of the problem when we're about to chase and recover our losses. That sounds to be a plan but that plan will turn into disaster later on. There's no need for more explanation about that because for sure that each of us have experienced that instead of recovering, the majority have to deal with more losses. The frustration that ultimately makes you decide to borrow money is that no one forbids it, but if the money obtained from the loan is used for gambling, I don't think that's appropriate. After all, gambling places do not provide a guarantee of always making a profit. It is better to use the capital obtained from the loan to work on opening a small business that might provide a profit and help the economy improve.
That is the importance of controlling your emotions well and never taking rash actions. Remain calm and carefully consider the risks that will come in the future.
It is better if that's the purpose but a determined gambler won't think of that because his way of recovery is through gambling again, it's a cycle, rinse and repeat. /s |
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In the latest video analysis, Crypto Banter predicts that Bitcoin could potentially reach $84,000 within the next six weeks. This forecast is based on recent Bitcoin closing prices surpassing key levels, indicating a strong bullish trend.
Key technical indicators, such as the lower RSI levels, support the bullish sentiment for Bitcoin. Bitcoin has been consolidating for 82 days, and breaking above $74,000 would signify the beginning of a new uptrend phase. All indicators suggest that, with strong technical analysis and market dynamics, Bitcoin could potentially reach $84,000 within six weeks.
That's the kind of prediction that I like to hear and that's not impossible because anything can happen in less than a day. Like we're $66k yesterday and we're now at $71k. We are in the bull run and these prices that are being predicted can happen. Because the current price is so close to that amount. But if it's too much like a $100k for the next six weeks, that's unlikely but not impossible in the long term. |
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In my opinion, borrowing money to gamble is a mistake because we already know that gambling has high risks, especially since it has something to do with borrowing money to gamble, this will really add new problems to our lives.
Not just a mistake but a wrongdoing. Someone who is in the right mind as a gambler won't have to do this but there are gamblers who are desperate that want to do something for themselves and yet, they still do it. It's better to think carefully about it if you've never done it before, but for gamblers who are too late to do something like that, perhaps they have completely lost control and a clear mind because of the urge of greed and addiction that is inherent in them. Indeed, if a gambler is trapped in these two bad behaviors then all his actions will be unnatural and the results will actually be different from what he wants in gambling.
Therefore, as gamblers we must always be alert and wise in every decision we make with the aim of not making things worse in our own lives.
It all comes with a frustration and desperation. Hard to accept that they've made certain loss that they can't recover with their current state but because they want to do it asap, borrowing money is their choice. From there, it's not a good response and action if you have to deal with failures and frustrations. As a gambler, we're very emotional and since it's attached with money, you'll be dealt into incurring more losses and financial loss upon losing control emotionally. |
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Even though currently memecoins are very popular and are a priority investment for crypto users, I personally am not at all interested in memecoins because I think the risks posed by memecoins are very large, so the potential for loss or loss is very high,
No one forces anybody to invest in memecoins. Those that are into it are showing their gains for them to attract more people to invest on the memecoins that will be asked to them. Because it's typically going to be asked "what they bought and how much they've gained". That's how it will be when someone sees their shared posts to the community. And with that, it's a lowkey way of shilling the memecoin that they want to advertise and that will be adding a market cap to theirs. However forcing someone to do something is very risky, and the risk is not only for the person that was forced, rather the risk is also for the person who forced him/her to do something that he don't even intend to do for the first time, reason is because if anything should happen to his fund you will bare the consequences for forcing him to do something that he don't even intend to do. However I'm pretty sure that not everyone that is aware about the risk that is involved in meme investment, but their are also some people who knows about this risk but has chosen not to invest in meme, reason is because they're not yet ready to take the risk, that is why we don't need to force anyone to invest in memecoin because they also have their reasons why they chose not to invest. The risk will remain and everyone who invests is aware of that. But those that are encouraged or attracted based on the community that they're in, they're the ones that need to be careful. Because they are investing based on the word of mouth of others and not with their confidence and information that they have gathered through learning and research. Again, no stops you folks from investing in memecoins but you'll see that a hype-based project won't stay for long just for your reference. |
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Even though currently memecoins are very popular and are a priority investment for crypto users, I personally am not at all interested in memecoins because I think the risks posed by memecoins are very large, so the potential for loss or loss is very high,
No one forces anybody to invest in memecoins. Those that are into it are showing their gains for them to attract more people to invest on the memecoins that will be asked to them. Because it's typically going to be asked "what they bought and how much they've gained". That's how it will be when someone sees their shared posts to the community. And with that, it's a lowkey way of shilling the memecoin that they want to advertise and that will be adding a market cap to theirs. |
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"My money my rules"..  But no, I do not rely on them but if I find something interesting that goes with my prediction, it's a coincidence that I'll take as an opportunity. Because having that can be helpful but knowing in sports betting, not everything in prediction can happen accurately. If your someone that's too lazy to have your own strategy in analyzing upcoming match ups and you want to rely on the predictors or any of them that gives it through their platforms, you'll still be needing to DYOR no matter what they say. |
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Did you start doing it to have an extra income or did you decide to devote your life to this business?
Can be said that I've done it to have extra income and even until now, there's a huge potential to it and staying on it for years it had become a business or investment that can change my life time. Maybe you are a former Wall Street trader and decided to start working for yourself,having a long experience in trading?
If I am a former Wall Street trader, I've be richer already and I don't think that I'll be found here. I'm not a good trader but I am not also an emotional trader and so there's balance when I do and luckily are profitable in some of my trades. |
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I think they should be sent in badges to areas where bitcoin haven't been heard or where their is no knowledge about digital gadgets or have access to the internet.
Am always open to learn and to take corrections.
what are your opinions?
There is no need for that. The developers have been doing what they can as they're not paid with it but, the contribution that they've been doing is incomparable to our suggestions. You can start doing what you are suggesting about going to remote areas and try to introduce it with those people. We need more contributors. |
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