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2161  Economy / Trading Discussion / Re: DCA instead of stop-loss on: January 18, 2022, 09:55:33 PM
you can do your stop loss at $40k and make a DCA at $30k. Stop loss first and wait for price falls deeper to make DCA. So if you want to apply this, you have to do stop-loss early enough so that you can wait for deeper falls which would be -20% from your stop-loss price. At which you will have a new entry, for DCA.
After exiting at $40k by hitting stoploss, then with what position that you are going to average at $30k levels? In my understanding, averaging will be possible only if you have open trades. It is even applicable for investments. If you exit all your holding then entering again will be considered "buy back" not averaging.

So, trying to making use of DCA along with stoploss will not provide the actual benefit of DCA.
A very basic thing on which you shouldnt put up stop loss because once it do triggers out then those losses are realized unlike if those are open orders then you could really able to apply averaging

and this is how DCA been performed and to those people who do believed about applying SL on DCA method then it couldnt really be just possible because this isnt how should be applied.
On the side note of DCA then this one sounds very basic and simply but this would test out your emotion and of course your capital on doing so.
2162  Economy / Gambling / Re: Shady behavior of Duckdice.io moderators and Admins on: January 18, 2022, 08:40:10 PM
~snip~

Even if the OP provides us with solid evidence, what difference it will make to the duckdice. Their rating on the trust pilot is 2.3 which is very poor. In such cases, i would rather ask the OP why would he is so willing to play on the casino which does not have a good rating. Why not play at trusted casinos ? There is no shortage of good casinos.
Well to be clear not just in Trust Pilot but also here in our precious forum that their OP was being tagged by several DT's for years now because of their shady behavior and their scam accusations

~snip~

Their ANN Thread even a "Self Moderated" in which sign that they are hiding something and don't wanna let cases to be filed in their front .
i wish i was knew it before.
i have created a flag against them. just to let people know about them.
^ Oh, I see!
How did you find this forum? Probably if you knew this earlier you will not gamble there and deposited money.
We have a community here that give warn to others if there is a shady casino, and that casino is known here that having shady activities or probably just because of their admins not doing their job well. That is a good decision creating them a flag to warn people that is why we have a community here that has a strong review compared to the Trustpilot and I hope there is no someone like you that is being harassed by their team.

Thats why giving out effort on making out some research would be always or should really be a standard thing for someone who do tend to deal off not only on investment but also something in related with
depositing funds into any platform whether its a service or entertainment time.
If you have just able to read up those reviews earlier then you might have able to save up your ass into these kind of websites.There's no way that those issues or complaints
would be resolved on.
Yet there  are lots who had end up on the same fate thats why research is a must on next time.
2163  Bitcoin / Bitcoin Discussion / Re: "cash in, cash out" on: January 18, 2022, 07:42:16 PM
It's honestly the same thing with every single investment out there, there are people who don't have much amoxicillin of money in the first place and some of them just wants to make some quick money, at the end of the day, I do think that people who undertake jobs getting paid in Bitcoins have to sell their salary. There are a few people who are capable of holding onto the money because they already have enough for the investment. Those are the people who generally HODL. I do think that as a digital currency, investments are a personal choice for sure. Also it's the basics of day trading as well.
This is situational because not all would really be having that kind of mindset on which they would be tending to hold their assets for a very long time specially if they are in need or something like that.

Even myself does have that kind of behavior back in the past on which i do need to convert those coins for me on at least able to make use of it specially on my expenses.
Yes, its a waste since you do miss out that profiting opportunity and this would be your primary concern in most cases for sure.
2164  Economy / Gambling discussion / Re: [Boxing] Errol Spence Jr vs. Yordenis Ugas 3-Belt Welterweight Unification Match on: January 17, 2022, 11:41:26 PM
That's still a big "IF" Spence Jr. still have those support from both fans and sport bookies. I mean, yes, he will be the favorite here
after some time of rest due to his medical condition, now he's back and ready to defend his belt, great to see this kind of collations,
both fighters are title holders inside this division, a winner takes all fight.

We don't know if upset will happen, but if we will follow the hypes, more fans and gamblers will be eyeing for spence to win this one. Wink Cool

Since Spence will be the sure Favorite on this match, I doubt gamblers will have a good profit if he wins unless they are willing to bet big just to feel the profits. In my own observation, Spence will be at @1.4 max or even lowered. On the other hand, betting on what rounds it will be settled is difficult too.

Let's see what will be our betting options once the fight got listed on our favorite sportsbook.

1.4 is considerable and below that odds wont really be that worthy to risk on and as said if you do have that big bet to feel those profits then its your choice but we know that everything could happen.

He might be the favorite but we dont know if the tables would turn upside down yet i do see some chances that Ugas could able to handle out Spence but of course in less chances.

I cant wait to see the odds though but expect it would be into those ranges.

2165  Other / Archival / Re: Are Banks afraid of Crypto adoption? on: January 17, 2022, 10:39:28 PM
I do get that banks are worried about issues such as bitcoin being used for the wrong reasons, but that’s not really the main thing; I think that the main thing that worries them a lot is the fact that they feel that bitcoin might be bad for their business, because a lot of people might start switching to making use of bitcoin and use it a lot than their banks which might affect the business that banks are doing.


Their main business is on giving loans, I don't think that bitcoin could compete on that. They'll only be worried if people will not trust bank anymore on saving their money, and instead convert it to bitcoin to save and invest as their main source of funds for loan distribution will reduce.
People might known about crypto but majority would really be sticking out on saving up their money into banks and im pretty sure that Banks are confident with that and it is true that their main aim is to give out some loans and give out interest on it and this is how this institution make out money and we know that these things are heavily regulated
which it is understandable that they would really be complying  on whats been asked.

We've seen several Banks accept or adopt crypto or still in neutral but it wont take that long that they would be ending up on having the same perspective.
2166  Economy / Gambling discussion / Re: What will be the next big industry move? on: January 17, 2022, 09:47:10 PM
Actually I don't what will the regulators next approach on the next generation Online Casino since most of them is moving toward Web 3.0 format which is a completely decentralized. I wonder how can they still regulate or required KYC procedure for gamblers that playing on exceeding amount of the required for the KYC.
Without a doubt this is a challenge that governments all over the world are facing, before the apparition of bitcoin it seemed we were going to eventually reach a point in which the centralization of power will be nothing more but a given and people will just have to accept it, however now decentralization is slowly countering that tendency and this is something that governments despise, as all their efforts over the last decades are crumbling before their eyes.
Not actually crumbling because no matter how decentralization(crypto) would able to make it big but doesnt mean that it would really wipe them out on their existence.Of course government wouldnt really let

that thing to happen thats why i dont really push that too far on minding about getting replaced or been patched up as long theyre existing.They would both co-exist and it is just good that people

on the society would really be having at least some option on which things they would tend to dealt off and as for speaking for industry move then everything could happen but of course it
would be affected with some factors as well.
2167  Economy / Trading Discussion / Re: When Greed Comes First in Trading, the Result is Bankruptcy on: January 17, 2022, 08:35:24 PM
Congratulations to the OP who has managed to learn from his own mistakes in the past. Yes, I also have a story that is almost the same as yours, and I also rose from my mistakes, and here I am as a crypto enthusiast who earns daily income from it.
Greed is misleading in the trading world, so be careful with it. Our main enemy is not the others, but how we conquer ourselves, bravo!
Conquering someones greed couldnt really be able to achieve if you dont actually able to experience it and would made out some self realizations via those real experiences.

Greed could really mess up your entire financial state if you dont know on how to handle up your finances well thats why its really crucial on considering it or else you would
face up some problems.

Just like on that gambling activity on which when on the time greed comes it then you would surely be ending up on a big loss.
2168  Economy / Gambling discussion / Re: Why do Casinos ask for so much during withdrawal? on: January 14, 2022, 09:56:05 PM
Hello everyone, I have not played cryptocurrency casino but, have played slot casino games for quite a long time. However, I scroll through a couple of complaints from players time to time and the one that got my interest is the delayed withdrawal issues. Why is it that when a player wins and wants to withdraw their winning the casino will begin to ask for info like source of funds, KYC etc. But they careless about asking for those information when the player is losing money in the platform.

ANY IDEA?

Mostly because of malicious reasons, to be honest.

It makes no sense for a casino to not conduct KYC procedures when you sign up and all of a sudden force it upon you when it comes to time to get your money back.

That is a predatory tactic, and I think that everyone needs to recognize that. It's just an excuse used to hold your funds for much longer than what is necessary for cash flow reasons.
When a gambling site specially new having this kind of behavior then it wouldnt last because once the community or public do knows on what they've been doing then its the ending
of their reputation and this site will slowly die which is a very common scenario to happen not like on dealing with gambling sites which does have name and reputation
on where you could really confidently trust them with your funds on where you could pull it off without any problems or strings attached.
2169  Bitcoin / Bitcoin Discussion / Re: Who creates more impact in bitcoin price the Hodlers or Investors? on: January 14, 2022, 09:00:33 PM
The two main factors of bitcoin market hodlers and the investors sometimes I query myself about how much impact they have made in the price of bitcoin.

Note: The hodlers are early abductors of bitcoin that held their funds till date
         The investors are the early abductors that sold and invested into their business then later invested their profits into bitcoin. E.g Michael Saylor or Elon Musk.
Frankly speaking, the most basis on where value is been determined is on through exchange platforms on how much coins been purchased or bought or how much had been sell off and this is where
we do really vary up.

Holders/investors/active traders/long term ones , it wouldnt matter yet it does contribute the over all value which we are seeing now.Liquidity or volume is the proof of that.

Thing here whats important is that we do able to see that there's some progress with these movement differences.
2170  Economy / Economics / Re: Bitcoin is for everyone but not everyone will be for Bitcoin on: January 14, 2022, 08:41:02 PM
A Person who is still trying and struggling to feed his family, regardless of the headline of  the moon and lambos they see displayed with other sweet testimonies, they can't just be pulled their self from that shell and to invest in bitcoin becomes a challenge. The sad part of life is that it's not fair because a person will be born and will eventually die as a struggler
It is quite a challenge for a lot of people, because they are unable to move forward with their investments and plans because of financial problems or difficulties.

This is why some people are unable to hold their investments for a long time, because whenever they invest their money in the cryptocurrency market, they are bound to have some problems that they would be needing the money to solve, so they end up withdrawing there investment without even having to leave it for a long time. They end up missing an opportunity, because they are unable to Hodl. Lack of finance can really hinder people from a lot of things.
That is without a doubt a great obstacle for those that do not really have a lot of money to begin with, even if they save some money so they can invest in this market that is not enough, they require to not need that money for the time necessary to turn a profit in this market, and we know that if you are unlucky you may need years for that to happen, so even if some people have the right idea their lack of funds will without a doubt play against them and force them to sell their coins too soon.
Of course, the first reason that you are capable to invest in bitcoin is you should have sufficient funds to start with. Bitcoin is really expensive and we all know that, but if you know how to control your expenses, i'm sure you can really earn so you can invest in bitcoin. Also, you need not only money but you should have the patience too so you can hold long your investment, and invest only on your extra money and not those that are intended to pay for the bills or for emergency purposes.

Even if you don't have any capital to spend on bitcoin you can still have a good start if you work with it since I believe many start with zero capital here and the only method they do is to find job which pays them with bitcoin then use it to grow. We know bitcoin is expensive and if we look at it on its price then maybe we will not like it since we think that we cannot afford to buy and be afraid if the price dump since it will hard for us to recover especially when we are new in the business.
You could really start up from zero capital in terms of investment and same as you said that via some jobs or tasks where you could earn some coins and then you do tend to make it grow gradually.

Of course this would be needing a good money management and good control on spending because not all do really ends up on being successful but rather getting wrekt and make those earnings comes to waste.
Even myself do make use of capital which didnt came from my own pocket but rather into those funds that i have earned through several tasks  or jobs online which is paid
via crypto or btc itself and make it grow gradually.
2171  Economy / Gambling discussion / Re: Don't bet more than you can afford to lose. on: January 12, 2022, 10:59:04 PM
^

I believe that if a person knows how to make money, then he is not stupid.  Most likely he simply does not have a sufficient level of financial literacy and responsibility that does not allow him to treat his money with care.Most likely he understands that the chances of leaving the casino with a winnings are small, but he can only stop when his pockets are empty due to greed.

If we assume that a person knows how to make money, then in most cases he is certainly not stupid. The problem is that the described problem concerns all people and in the modern world people have money even if they don't know how to make it. In different countries, the amount of this "easy" money is different, but the more developed the country is, the more such money is there.
Would really be just sensible if you would spend up money because you do know that you could earn it back again from various sources and i dont really see any problems with that as long you are aware on your spending

unlike other people who do spend out that theres no tomorrow to mind off and its true that we do have different aspects in life which whether you are minding about your future or just only stuck with the present
and minding it off later on when it comes to problem.

I dont like on having that very stressful kind of condition on where you do seek off money just because you had already spend it out.
2172  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoin projects on: January 12, 2022, 09:59:36 PM
I would like to know which sites you use to know what the whales are then buying or selling, or something like that, site to see which projects are most promising and etc.

I always see this https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html but there is not much information I would like, what do you guys say?
About promising projects then its DYOR thing which various places on net should be enough for you to learnt up, it is just mattering on how you do put effort on doing so.Whether you do recognize it
as a solid or good potential project or wouldnt be so its up to someones jurisdiction or judgement

Checking out big whale movements or alerts then you could check this out https://twitter.com/whale_alert
or with this https://whale-alert.io/alerts
2173  Economy / Trading Discussion / Re: Crypto Trading Bots on: January 12, 2022, 08:46:14 PM
I still don't like trading with bots. To be honest, manual work is much safer.
Safer on the sense that you could directly stop whenever there are sudden changes in the market specially if there are news or fundamentals around which you could really make out

some arrangement or changes in to your trading style or indicators which would make you decide directly whether you do stop or continue.For trading bots then you could set out those
specific commands and rules but of course there would be no human intervention kind of reaction as these bots would continue on whats been set up and thats the cons it does
have but i do still find it relevant because automation is really helpful when you arent doing something.
2174  Economy / Gambling discussion / Re: Is gambling for the rich who can afford to lose ? on: January 12, 2022, 07:45:51 PM
Many people come in gambling in order to win in a short time and change their faith. They are the ones who can't afford to lose. If these people lost in gambling, that would have a seriously bad effect on their lives.

On the other hand, there are people who have a lot of money in hand and losing is not a big deal for them. If they win in gambling, they enjoy and if they lose, nothing is lost for them as they have a lot of money in bank balance. They will come again next day and play more without worrying about the money.

So can we say that gambling is for the riches who can afford to lose?
Gambling is for everybody and it is just rich people who do have more advantage compared to poor ones as always yet they do have finances to support up their gambling activity which if they lost then they could still

play since they do really have that finances on supporting it but as we all know that there's no such thing about unlimited bankroll no matter how rich you are but you  do lost big time every single day then dont get
surprised that you would really be sleeping on the streets.Gambling could make you poor in fastest time as possible if you do really let you addiction made you play everyday and losing up that much.
Whether you are rich or poor then having a good control towards gambling activity is necessary.
2175  Economy / Gambling discussion / Re: Bitstarz Need help getting my deposit back/credited on: January 11, 2022, 10:56:30 PM

If OP do this correctly with the same address, I think the money should still there and if the minimum deposit is the issue here, maybe OP can add amount to his deposit and that site can easily adjust the balance on his wallet once ok, OP just need to communicate properly with that site and maybe, they can still solve this problem. This is another reminder to read ToS always and don’t deposit easily, you should always do some research first.

A rule is a rule if you deposit that is less than the amount required it will not be credited and the money is eventually lost in favor of the casino, that is what is we see or being reminded to us by the casino whenever we made a withdrawal I don't see doing this will solve the issue, well he can try but I doubt, with  Bitstarz reputation, they will just blame OP for not minding what he's doing.
Exactly, we are free not to like a rule in the TOS of the casino, but when you create an account at any casino you are agreeing that you have read their TOS and that you will follow it, so it is obvious that if you do not follow that rule then the casino is simply going to enforce it and think of that small deposit as being forfeited on their favor, now some casinos may be cooperative and try to give you that deposit back while others will simply take a look at their TOS, see that you are wrong, point it this fact and will consider the issue to be over.
People do always have that habit on checking out or ticking that check box whenever they do make out some account on a gambling site and even myself is having that kind of behavior.

Once you have done it then it do automatically means that you are really that agreeing with their terms and they do have the full rights on banning/excluding/blocking on users account.

You dont have the right to whine if you are the ones who do violate their TOS but if theres something which you could explain off or valid argument then you could really able to do so.
2176  Economy / Economics / Re: Can civilization revert to a barter system on: January 11, 2022, 09:56:57 PM
I don't really think we can go back to the old barter system in which you would exchange or trade something in return because that was so outdated already and in modern times, you can hardly see the part in which you could try to insert it to be used again. Most especially now that innovation and technology are rapidly spreading and used by almost everyone. Maybe in a little area like in some parts of a country which is rural, it can possibly happen. In the province and in simple communities, this would be probable and doable - to have a barter system that could enable people to live like it was an old century again. However, this won't be possible in the cities as this is more of a task and not everyone has the luxury to trade something for something. This could also bring conflict such as unjust wage counterparts and such to the workers. It's still much better to have it in a money-based system. Because after all, we cannot pay bills with vegies. I doubt the big corporations would even accept that.
Come to think alone that technology advancement do really flies fast and everything is gradually turns out to be digitalized already which means that we cant really turn into those times on where barter system is on the

works because talking about precision and accessibility and time of execution times is much more faster or way more better then it is just dumb that we would go back into a system where it is done manually.

I dont get the point on considering that we would really be going into those old system which most people been thinking off on how to make things way more faster and better.
2177  Bitcoin / Bitcoin Discussion / Re: It's never too late to start on: January 11, 2022, 08:59:41 PM
I liked the headline but upon reading about this simply being about trading and making money I’m a bit less thrilled with the context. The headline is true, is never to late to do anything especially when we are discussing finances and bettering yourself and your financial positioning..but..trading is not for very many and it comes with very high risk..be careful !
Trading might sound good but its not when you are on the actual situation and before you do able to achieve success then this would talks extreme factors for you to survive out  this unpredictable market.

Yeah, its never too late to start on putting up yourself into this venture but be wise and be sure on what you are dealing with.Dont let those mindset and emotions of greed will really control you out.

In investment here on crypto space which being greedy is never been recommendable even though trading is hard but doesnt mean its impossible to learn and make money from it.
2178  Economy / Gambling / Re: Bethub.gg | The world of High Stakes! 👑 on: January 10, 2022, 11:35:50 PM
I don't understand why you don't withdraw our money to me and to alot of people ? Is that scam or what ? Iam waiting 4 days for just withdraw even its small money!
According to their FAQ, the Bethub's Anti-Trade System could be one of the following reasons of your funds being held hostage.

Quote
Can I withdraw skins right after depositing?

If you never played on our site before then you wont be able to withdraw without playing on our site due to the Anti-Trade System. You can read more
about it in the next point.

Link to source

If not, I think it ’s best to request for support and submit to their requirements before drawing any conclusions. Try reaching them on their social media accounts which can be found on the bottom panel of their website including their discord server.

Yep exactly thank you for mentioning!
So whats the solution on this one if ever there are other users who do tend to do the same thing? Depositing and then having no activity then withdraw. Is there some sort of consideration on 1st violation?

In overall people should really have at least some time on reading up terms and conditions or the FAQ thing so that they would be aware that not reaching out certain requirements or
conditions will really put you in trouble.
2179  Alternate cryptocurrencies / Speculation (Altcoins) / Re: an opportunity or preliminary start of bear market?? on: January 10, 2022, 10:36:26 PM
Market was impressive since last year. But after the start of 2022, market start going down and down. It has been saying that, We'll face the bearish market in 2022. Besides lots of people optimistic too & I'm one of them. I thought market will bounce back after weekend end and so many days have gone and no improvement. Yesterday i saw market recovering but now again failed. Still have ether, bnb and others altcoins that i haven’t sold. I don’t understand this is an opportunity or the preliminary start of bear market
We cant really have anything that we do like or something that we do have in mind speaking of rising prices in the market.There would always be a point on which we do experience deep correction or pullbacks

of prices in the market whether this one is the start of bear season or not but if you do see that this is an opportunity to buy cheap then do it but if you do tend to wait up or take such step then its your choice.
It is really hard to make out some decisions on times like these but for risk takers then this is something a very common spot to make some action.
2180  Economy / Trading Discussion / Re: You don't need to hodl a particular coin all your life on: January 10, 2022, 09:32:43 PM
at some point we can't dictate holders of how long will they be going to hold their coin, I know everyone has their own plan on their assets and if I am going to ask I think there's nothing wrong with holding your token in a long term, I mean I will take bitcoin as an example, and this token is in your portfolio already for a long term because you in yourself have already established this what we called trust to the token and you certainly believe that in the future this token will be more valuable than it was today then it's a person's choice already. I also believe that the holders do understand the risks, the chances pass whenever the price let's say pump but he didn't sell it, as long as he didn't need to sell it then I think it is just fine.
I personally like to hold as long as possible, hold 10+ years if I could, why would that be a problem? I understand that coins like SOL and Matic look like they are not things you should hold for 10+ years, but things like BTC, ETH, BNB, LTC are all looking like you could hold them for 10+ years and they will be fine.

This is why I am quite happy with what I have, it is basically just a method of making money for me in the long run and so far it has been working very well too. If you are not entirely sure about it, then you could end up with a better understanding by just watching the past, and if you think past will not be like future than imagine you bought it and wait for another full year and you will see it.
Be contented on what you do have and what matter most here is that you wont really be putting yourself on a stress condition out of those investments.All things you do need is to accept the risk and be aware that theres no assurance if we do talk about the future. Act accordingly with your knowledge and skills and you would be seeing neither you had done a bad or right decision.Sell when you do able to do so
and hold if you do see a particular coin does have potential to rise up its price so its a personal choice in the end of the day as always.
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