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No, I don't think that a peak for bitcoin is something that we will ever see in our lifetime, I'm sure of that. Maybe for this year that would be the case but I'm inclined to believe of that possiblity that bitcoin will go to a much higher price point than that of that said analysis, I'm pretty sure that there's going to be more and more surprises that bitcoin has to offer and we just need to be ready about it, always expect the unexpected with bitcoin because the market is a volatile one, it will always be that way.
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People who say "change my mind" would never really change their opinion in that matter that they're trying to create a debate, remember that you've got more familiarization with that topic and opinion compared to people who will try and debate on your claim and I know that most people have a hard time believing that there's people out there that's smarter than them and much more knowledgeable than them, that is why I believe that you will die on that hill that you call your opinion and change isn't possible.
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Gold is a good way to make sure that you can easily get some emergency money and gold despite not being close to bitcoin in terms of growth, gold actually sees a steady growth so I wiuld probably buy that if I was in your position but I don't recommend going overboard because the fact that you could've just went with bitcoin instead of gold would make you stupid if you go all in with gold, diversify but don't get tunnel vision on one investment just because it looks cool.
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If you're not below the poverty line and you're on a minimum wage, you can probably get away with learning something that would improve your skill set and that skill set can make you money, if you can do it, try and do vocational courses that would make you improve on something, maybe take up welding classes, writing classes, any kind of class that teaches you something that you know have a market that would pay you higher is probably going to be your best bet. If you're in a work that you love to stay for long, you might get away with just being hardworking and not getting late, doing your job well will make you consider getting a raise or a promotion although it's a difficult one especially if you've got a bad management.
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I can somewhat agree on this one but if your religion tells you not to be a piece of shit or a stain of the Earth kind of person and doesn't ask you for money or anything like that, I don't see how you can be disregarding that teaching, that only tells me what kind of person you are which is a person that is ignorant and doesn't know a thing or two about learning. What you should do when you're a religion oriented person is if you try your best to be smart and think for yourself, you're in a religion not a cult after all so make sure that you're not going to just take all their word for it when you know that it's wrong and it clashes heavily with your personal principle, you can still love God and praise him but you still think for yourself.
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Index investing and DCA is the best that the majority of people can do to become more wealthy. But this only works if you have big enough income
Haven't heard of index investing, is this like index funds investing? Because if it is index funds then I agree with you, that's probably the only reason that you should consider putting money in the bank because they're definitely a good passive income for you, maybe the only problem is that it's still in the bank but you can never really worry too much about it but then again the passive income potential of index funds is just too much to pass up if you know what I'm saying. DCA is definitely the most recommended thing that you can do when you're investing in bitcoin given how expensive it is, you're going to be in a good standing if you do this DCA routine for the long-term that would mean that it's going to yield you profits you can never imagine. |
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That's because there's a conspiracy behind it, that they're not really lowering prices and that inflation isn't real, they will never make luxury items go down in prices just because the people are suffering from the economic turmoils that are happening, they sell luxury to the people that can afford it anyway and if the poor people can't buy it, that's usually their fault, I mean why buy something that you know will make you go broke? I don't think that's ever going to be any outside problem, it's a you problem, you care more about your appearance than your finances then you'd suffer.
It's difficult to also go for investment in luxury brand though, you're going to need to wait for awhile for the price to go up and not all luxury items really go up in price, you need to hunt the ones that are exclusive or limited edition to really get that bang for your buck kind of deal if you invest in them.
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As safe as it can be, burying your money isn't advisable though as that's going to introduce moisture to your paper money which would attract elements like termites and humidity that will grow mold, when those elements are introduced to the paper money, expect your millions of dollars buried underground to be gone in a few years time. Regarding gold, have you heard of the story of the miser who buried his gold but always keeps on digging it everyday and it got stolen? My point is that when you bury your gold, you will have a hard time being relaxed because you're going to get paranoid that someone might get your buried treasure.
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Here are the reasons why;
1. It is quite stressful - old traders will soon give up due to mental health problems
2. It is not enjoyable anymore - nobody will stay long in a job that they no longer find themselves comfortable with especially if you are not earning well.
Most of the time we feel this during bear season.
Valid reasons but this can all be negated with the fact that if you're making a lot of money trading and you're consistent with that way, you're probably going to not mind the stress and the burnout feeling, I mean most of them are even easily remedied by just taking a break, most of the time that's the case for burnout, you're so lost in the work/trade that you're into because you only focus on it and you end up having no other way out but to quit when all that was needed was a cooling off, think of this like a car that's close to overheating, if you let the engine run more even when the overheating is at a high possibility then you'd see it go up in flames if not stall because of overheat, that's the same thing with a person, you do something consistently and without any changes or fun inherent in that something, you're bound to burnout. 3. Trust issue due to Scam growth - traders never find it safe to use exchanges, even big exchanges.
There's nothing that you can do with this but the chances that a big exchange is going to scam you isn't really that high so this is a fear that's out of place more than anything else. |
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Those autotrading software/system that you're talking about aren't real, sure they trade for you automatically but you got to understand that those systems need tweaking from the users that would be using them, they input what they want the software to do manually, that's how most of them works. So what you might see in those autotrading systems that other people show you, it's probably not going to work for you at all because your way of trading might be a little bit different than those that were promoting it, they already know how to trade really good in a manual way, they just want to do it automatically, so if you suck at trading right now, you're probably better off practicing for now instead of using those stuff.
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Any competition that would showcase your skill is a good way to challenge what you're currently good at and if you can further improve, that's the most logical thing with competitions, if it wasn't then we wouldn't see a lot of repetition in participants because they probably think that they're at their peak when they finally entered a competition. It will definitely challenge your skill though because in a competition, there's typically a prize or a reward for those that would finish at the top of the competition combine that with the satisfaction of you seeing that you really are at the peak of your skill level.
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~
Well, I loved the quote the moment I read it because at that point, I was deep in thought and was surfing the net and there was really no story behind the quote as at the time I saw the quote. You know that the truth is, many quotes we read or make during moments of deep thoughts can be interpreted to mean something else for another person. That is, this quote could mean something different to you just as it did to me at the moment I read it meaningfully. Quick success from gambling or betting or lottery, in my opinion isn't success at all but just luck. Although it involved the effort of the winner, with funds and tech-know-how to predict or guess correctly sometimes, but the results is often due to probability. The success I mean here, refers to starting at a task because the end result would be profitable for long. You do the task simply because you know that the knowledge and investment of time, attention and funds would make you a millionaire someday. Hence why trading, being a general and more common ground were an investor with keen interest must earn some profit at least no matter the loss, made more sense as I could relate it to this quote. Well, that's the other part that I didn't add in my previous post, I was focused on the fast success builds ego part of the quote but definitely a true thing, low and slow will always make the best results. I wouldn't say luck though when it comes to gambling because math exists and within it is probability and if you're smart enough, gambling can also become the slow success part, one good example of this is a math teacher that was winning a lot of lottery in her state because she was calculating the probability that she was able to hit the right numbers and win multiple lotteries without a problem, see the slow process there. Now for the context of the quote, is there like a way to know what's the context to this quote? |
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Practicing trading with a demo account does not mean that you have learned trading. It is only showing you how trading looks like. For you to start with real account it is better that you learn the fundamental analysis and technical analysis of trading in order for you to be able to male your decisions in a trade.
The stuff that you're talking about, you will eventually learn about it when you do demo trading since it follows the real market, the only problem that I can see with demo trading is the unrealistic amount of funds, you can't really take it serious as a way for you to practice when you have a starting money that's larger than your current net worth, maybe you can do it there but I don't think it helps. Books or stuff that teaches FA and TA aren't that rare to find on the Internet nowadays so I'm not really sure why it's a good idea to focus on this two when you can learn it altogether with trading anyway. However, if you want to trade, it is good that you use only the amount of money that you can afford to lose and don't think that trading is a get rich quick scheme. When you use a demo account, it is not going to be the same with what you will see in the market when using a real account to trade.
If you're not risking big and you're playing it safe in trading, you will definitely not get rich when the time comes, at first time or first months of your trading, this advice might work but when you further understand how to trade, you'll eventually going to have to learn how to risk more money that would expedite your money making journey in trading. |
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"Slow success builds character, fast success builds Ego."
Really profound quote and I wholeheartedly agree with this one, because in some way it does make sense and anyone can probably easily find an example in their life that would match this quote. I would really love to read more about this quote because I feel like this isn't about trading and that there's some more context behind what this one means and I'd love to have a read on that if there is a context that exists. The scenario that I can see that matches perfectly with this quote are those people that won the lottery and then suddenly the way they treat other people suddenly changed into something that's condescending or that they think that the other people are inferior to them. |
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People actually don't know how important it is to wait for the right set-up, some traders think that the more you trade the more money you make which is very much unlikely, trading doesn't work like that, you might make a lot of money from 5 to 7 trades, and use just only one trade to lose everything including your initial magin.
Not even newbies think that, what are you talking about OP? Most traders aren't your average dumbass that would just think such a simple concept, pretty sure that some people know about the risks that entails trading so I don't think that anyone thinks that way, most likely you're the only one that thinks this one OP sorry. I'm in all agreement with what you're saying though, wait for the right time to trade so you don't lose the money and that you can enjoy your profits, learning the patterns that the market make might also help you a lot given that even in the unpredictability of the market, there will always be times where in the pattern it's basically repeated if you can compare it, sure the price is different but how they move is what you should be looking for. |
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Usually shops are already accepting btc as payment but most even companies do the same, if i could recall as then there were some gas station that was accepting bitcoin payment people were patronizing them. Bitcoin has gone beyond the way you have had it and you can unveil more things if you stick around here.
There's not a lot of them unfortunately, maybe in my country it would still be the same as any other, they like to use fiat much more than bitcoin because they're either ignorant, they're not aware that bitcoin exist, or that bitcoin isn't a thing and most of them probably don't want the added hassle of having to convert bitcoin to fiat so they can cycle it back to their business to buy back their stocks and pay their workers. In a small business, it might work but the problem is that the tax season will be a hell of a lot more difficult to do because there's some issues they need to deal with involving doing transactions using bitcoin. Also, the word is patronage not patronizing because that would mean that the bitcoin users that are paying their gas on that gas station is condescending or demeaning them in some way. |
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If you have deposited funds and won with those funds then they should allow you to withdraw the won money but if you have used the free spins to win that amount then they might ask for deposit and 1x wager so you may be able to withdraw the money.
It happened with me once when I played at a casino as a test trial and they weren't allowing me to withdraw because they asked me to do 1x wager in order to withdraw the funds and when 1x wager was completed they sent my own deposit + the won funds to my wallet without any issue.
I'm not sure if same is the case of Anonbet or something else. Can you please explain in detail what happened exactly? The casino is quite new on this forum and it's quite risky to trust such casinos but if they want to be clean on this forum then they should send you the won amount.
This one is the most confusing thing about these free spins because not everyone reads stuff carefully or the fine print and some people don't know how that wagering requirement works but then it's only fair that they do this especially if you've won something big, I wouldn't want to be a sucker if I'm the casino, just letting them go with free money and without any kind of return from me, maybe making it clear for the newbies to this kind of clause would make things much easier and wouldn't lead to this kind of scamming accusation that even if proven not to be true at all, it will end up with the reputation still tarnished to some level. |
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Buying a house might be expensive but I think that no matter what, it will always be your best option, because with renting, you can always expect to get evicted out of nowhere especially if you've got a landlord that's stupid and a leech, you will never be able to rest easy because you're going to find that you will always need money to cover for it or you'll end up losing that house and you don't want that, renting a house is only good for the short-term so make sure that it's going to be that you're still saving your money to buy a house, pretty sure that there are housing loans in your country, that's a good way to jumpstart your home ownership.
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Valid concern, with the ease of accessibility in technology, it's bound to happen that gambling would be easily accessed if they just type in the right words, also this shouldn't be a surprise to any of us because we've all grown up with unrestricted access of the Internet too, I mean most of us had those privileges so it's never really something that we should be surprised right, what we should be doing is that we should do all the things that we've learned when it was us and teach the children that this shouldn't be how they spend their money into or you can just straight up go dictator against them because young children are easy to mold and that's going to be really difficult to do some changes down the line once they become an adult, we should be doing what we can to prevent children from getting addicted to gambling by trying our best to stop them from playing, that's the only way that you can deal with this issue in my opinion.
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First of all congratulation to your winning so many people don’t usually use their winning very well and they don’t usually do something important after winning and they feel like complain is not something useful because some people have this mentality, but they have lost a lot so whenever they win, they just feel like they will not use the money for Import stuff. It doesn’t make sense make use of your money properly do the writing thing and it, so once again, congratulation for your winning, you made the right decision and it’s good for you
That's because most of the time, not all people that win in gambling don't win like OP, they are plagued with the mindset of having to chase their losses because they don't want to end their game at a negative even though they've already got the win. In regards to the thinking about prioritizing the stuff that needs priority from the wins, that's not really the first thing that you would think about whenever you're gambling and you've made a win after a series of losses, you're going to be thinking about breaking even or something like that, definitely a good decision for OP to do it, I think that it would be stupid of OP to do anything other than this one, the money is worth more than the regret that would come if OP continued. |
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