Bitcoin Forum
June 21, 2024, 08:24:37 AM *
News: Voting for pizza day contest
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 [104] 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 »
2061  Bitcoin / Bitcoin Discussion / Re: BTC is near end, proof block 2 on: September 12, 2018, 12:20:18 PM
I don't know what other people think but I know for sure that there are a large proportion who share this exact common concern - the future of Bitcoin.
2062  Alternate cryptocurrencies / Speculation (Altcoins) / Re: The bulls will run Q4 2018. Thoughts? on: September 11, 2018, 06:11:22 AM
I think the immediate future of Bitcoin looks bleak and it feels that the bulls are far away. Look at the price of BTC if anything its been dropping ever since the Dec spike but never really stabilising near a value. For sure its not looking good.
2063  Bitcoin / Bitcoin Discussion / Re: Bitcoin Can Be More Efficient Than Bank Transactions on: September 11, 2018, 06:07:48 AM
Bitcoin could potentially be really big but first we need to overcome certain drawbacks such as security and efficiency. Unless these 2 topics are addressed BTC will never be bigger than any banks.
2064  Economy / Gambling discussion / Re: Which casino game gives you the best odds of winning? on: September 10, 2018, 05:49:46 AM
In your opinion, which casino games do you think will give you the best odds of winning? I have always favored the Roulette table's dozens, columns and colored bets to cover a lot of numbers with a few wagers. Blackjack is OK also. I think that Slots gives you the worst odds which probably explains why a large chunk of a casino's profits is from the slot machines.

I agree with you on this one. Roulette does give you the best chances of success with every colour, raw or column I'd ever experienced. That's not to say you can;t lose because you can.
2065  Economy / Trading Discussion / Re: Crypto Trade and Power of Knowledge on: September 10, 2018, 05:47:56 AM
Usually crypto trade and knowledge work in synergy but now with all of this market volatility one just can't be as sure with his prediction.
2066  Alternate cryptocurrencies / Altcoin Discussion / Re: ETH to hold now or not? on: September 10, 2018, 05:45:40 AM
I think that the etherium has a very large growth potential, as it is a strong and technological coin. What is happening now - is happening with the entire market, so do not pay attention to any particular coin. Just the whole market is falling.
It is true that all the market is getting it but Etehereum is getting the worst hit with its price going down to 193 USD, that's ridiculous and I do hope that this coin will recover.
2067  Bitcoin / Bitcoin Discussion / Re: Leave Crypto? on: September 10, 2018, 05:43:34 AM
It is all true. People can't afford seeing how their investment is crumbling away with every dip and that they could potentially lose everything so instead they decide to part. I can't blame them.
2068  Alternate cryptocurrencies / Altcoin Discussion / Re: SEPTEMBER. on: September 08, 2018, 07:15:35 PM
I do not think that this is a good month for investment. Ethereum goes down. I do not know what to expect in the future.

I must say that I also agree with you. This month must be treated with caution as we still don't know which way the market might head towards, so I'd wait a little for the market to become somewhat stable.
2069  Economy / Speculation / Re: Predictions 2018: How high can Bitcoin price go in 2018 ? on: September 08, 2018, 07:14:15 PM
In my opinion, as much as I'd like to agree with some of the predictions that BTC will reach even 50k by early next year I feel this target is unrealistic and it would much more like 10k.
2070  Economy / Trading Discussion / Re: How I handle crypto regret on: September 07, 2018, 07:19:53 AM
Regret is an inevitable state of mind in crypto at one point or another:-

why didn't I buy that coin when it was $0.50?
why did I sell this coin early?
why didn't I take profits on the way up, only to see the value fall 50% in a market crash? (a lot of us in the last crash!)
why didn't I buy the dip?
why did I FOMO and buy at the ATH and now I'm holding an unrealised loss?
why didn't I buy more of this coin?
We're all going to make "mistakes" that lead to a feeling of regret and self-admonishment.

I have a couple of strategies here to help me dampen the feeling of regret.

1. I have to realise that regret is largely based on a "maximalist"/perfectionist mindset, which is both unrealistic and unhealthy. We are attached to the notion of maximising profits. But what would that involve? It would involve being the perfect, machine-like investor. Always buying low, selling at an ATH, taking profits at the perfect time. It's an impossible standard to live up to.

If I make a profit, I compare my profits to the stock market. If you do THAT, realise you're likely "killing it" even with a "modest" 100% gain (it's ridiculous even to put "modest" here). If you can make a 10% gain a YEAR in the stock market, that's considered a success.

Also realise that the maximalist attitude is largely shaped around only hearing one side of the story of other people's trades. People boast when they're winning, and they're quiet when they're losing. Therefore, you can start to think that everyone's doing incredibly well.

2. I can only compare myself to the other me who didn't get into cryptos at all. That's your baseline to compare to. There really is no other baseline. It's damaging and outright delusional to compare yourself to the "perfect you" that always bought at the exact bottom and sold at the exact top. That you does not exist. It's a damaging fantasy that always leads to you beating yourself up about not making the most optimal decision at each and every turn. Cryptos can quickly lose its fun if you think along those lines.

Are you in profit (as in cashed out your initial investment + profits in fiat)? Then you're winning - you're doing better than the other you that didn't bother with cryptos. Congratulations. You should extinguish any regret, and actually feel contentment at your achievement. Forget the "what ifs?" - you made a decision that has made you better off financially and you've learned a fair amount along the way.

Are you holding an unrealised loss? Then know that it's unrealised and while that can be stressful, you're doing well to hold on and you can be proud that you haven't sold yet. It won't fix the regret so easily, but you have the hope your unrealised loss can turn into a realised profit.

Are you actually making a realised loss in cryptos? Of course, this is the hardest situation of all. All you can do is see it as a lesson you paid for. Nothing is without value, and you will have learned something along the way. You gave something a try, and financially it didn't work out. You may not be out of the game, so you could be in profit in a few days or weeks' time. Or maybe you've just had enough. Fair play. Know that you're actually in a big group of people. Lots of people have faced your situation and come out the other side OK. I lost a fair amount of money in Forex a few years ago. I felt crap for a while, then I stopped feeling crap. Luckily, life moves on. Actually, without that experience with Forex, I doubt I would have found any interest in cryptos - and I have profited from cryptos much more than my Forex losses - so there is that. Plus, cryptos are a LOT more fun than Forex.

I know that everything above is purely based on financial regret, and the counterargument is that "there's more to cryptos than just making a profit" - but when it comes to regret, it's almost always about money.

Those regrets are super relevant to today's market and there are also useful points we can all read and associate with. Thanks for sharing.
2071  Alternate cryptocurrencies / Altcoin Discussion / Re: Where to get reliable bounties on: September 07, 2018, 07:16:59 AM
Bounties are not always that simple to find never mind reliable bounties. However, this forum usually is a place to get them as members who need people make a post about it. Similar, other websites forum might do the same.
2072  Economy / Trading Discussion / Re: How to overcome my fear and how to start trading? on: September 05, 2018, 09:30:34 AM
The only way to overcome your fears is by making mistakes. That's to mean, get out there with some extra mony and make little investments jut to experience how the market works.
2073  Other / Serious discussion / Re: Should I teach myself Python on: September 03, 2018, 10:47:09 PM
For me Python is great, its a relatively easy language to learn with many tutorials and materials online and free access. Plus, the code can be tailored to so many things.
2074  Alternate cryptocurrencies / Altcoin Discussion / Re: Why token pay for listing of exchangers on: September 03, 2018, 08:43:10 PM
Is it necessary for token or coin to pay huge amount of bitcoin or ethuruem  for it to be listed on Exchange...
Why exchangers charge millions of dollars to get a token listed on their exchange?
Yes, it is because when token get listed on the big exchange like Binance, Poloniex and Kucoin etc. the demand and supply of token make them get a high value of users in trading that makes the project expensive in the market exchange.
That's the business way of exchange, just like you are renting a space in the public market just to sell your product and you need more people for the possibility of higher returns income from your product.

That's absolutely right. Like you pointed out already, there is a great incentive to force your token on exchanges because the value of that token will can be inflated several times
2075  Bitcoin / Bitcoin Discussion / Re: Downsides to crypto on: September 03, 2018, 08:41:38 PM
I'm of the opinion that there can be plenty downside to crypto if one was to really look for all the negativity in this market. Sure, there are some such as high risks and low rewards but when it goes big it will be felt.
2076  Alternate cryptocurrencies / Altcoin Discussion / Re: Best Altcoin to invest right now? on: September 02, 2018, 10:55:46 PM
All altcoins have a bit of a difficulty at the moment but without hesitation my take will be on Ethereum as a coin to put my money in as I think the coin will go miles.
2077  Economy / Trading Discussion / Re: How to make a profit with the dump of the price in the market? on: September 02, 2018, 10:53:54 PM
To make money during market dumps is hard because you have to be glued to your computer to track all the market changes. Nonetheless, its not impossible humans can do it and interestingly bots can it too.
2078  Economy / Trading Discussion / Re: Does auto trading bot make good profit ? on: August 30, 2018, 09:35:43 PM
It really depends on the thresholds you place on the bot for the different coins but if used meticulously I think gains can be made off bots.
2079  Alternate cryptocurrencies / Altcoin Discussion / Re: will bitcoin be the biggest off all or will ethereum taking over?? on: August 30, 2018, 09:34:22 PM
The way it looks now it seems that BTC will definitely stay as the main future coin followed by Ethereum but of course these things are never fixed in place.
2080  Economy / Trading Discussion / Re: Correlations are decreasing - what does it mean? on: August 29, 2018, 09:48:43 PM
I think, it hints at the fact that the market is not as easy to predict as it used to and now there are are many more variables that need to be accounted for.
Pages: « 1 ... 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 [104] 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!