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2221  Other / Meta / Re: Is Possible to withdraw report to moderator? on: March 30, 2023, 06:44:01 AM
I know there isn't button to do that, but is possible in the future the forum have that feature?
Because I've mistakenly reported my post to a moderator by accident.
It is not possible for now. Maybe theymos will include that in the forum software that members are hoping for, but as for now it can not be done.

So far, I reported 3 posts with 100% accuracy, 1 of the 3 reported is my post.  I don't know how that 100% comes, because my post i did report some time ago, maybe still be unhandled or hasn't been seen by a moderator. (It might also a bug percent calculation)
It is because one of the posts remain not handled is the reason.


There are some corrections needed about post reporting, another is when you mistakenly report a post two times, one would be marked as bad, instead for a moderator to just remove it from the list of posts the person reports.
2222  Economy / Trading Discussion / Re: Early Profit can be misleading. on: March 29, 2023, 05:56:02 PM
A newbie trader can first lose and continue to lose more than gaining. Because a trader lose, make some amendment, that does not mean he is perfect to profit than lose, he can continue to losemand he may not get it right.

A trader can get it right from the start, but the possibility of getting it right from the start is low. But a trader can possibly be making profit than losing from the start.

I understood you, I have seen people like that before, they did not learn trading, they were just using trading to gamble, they make money and thought they can continue to make money, but instead, they suffered losses and later concluded that trading is gambling. Although trading and gambling are different but they do not want to learn.
2223  Bitcoin / Bitcoin Discussion / Re: What have you got rid of to accumulate Bitcoin on: March 29, 2023, 02:26:06 PM
I can not sell my land because of bitcoin. The land will also appreciate in price and value as the area it is located is getting developed.

What are you doing to get yours? Let's talk
The only way I get bitcoin is the bitcoin I receive on this forum weekly and I think that is enough for me for now.
2224  Economy / Gambling discussion / Re: Which Sports do you like bet apart from the the listed one here? on: March 29, 2023, 12:59:05 PM
I am aware that I did not add Tennis, MMA and Boxing as my question is about those sports that are not being discussed here but you do bet on it either occasionally or on a regular basis.
Soccer (football) is mostly discussed on gambling discussion board. I believe it is the sport bet that is most common among people, including virtual sport betting too.

The matches that I like to gamble most on is football, including the in-play and also virtual footballs predictions.
2225  Economy / Trading Discussion / Re: Which is more profitable trading ETH/USD or ETH/BTC on: March 29, 2023, 07:50:30 AM
Yes thats what I am also thinking. But whats the use of crypto/crypto pairs, over crypto/fiat. Does it mean crypto/crypto pairs is only profitable during bullrun?
Did you mean BTC/USDT to be considered as fiat to crypto pair? No, they are also crypto to crypto pair, but just that USDT is pegged with USD which is fiat. The advantage is that they are pegged with fiat like dollar which most people are using to make calculation on spending and pegged with what they are spending, and because they are stable in price with USD.

Trading is profitable everyday and it depends on what are the strategies are we using for our trades, personally myself trade with stable pairs because I don't do much if technical analysis so prefer stable coin with BTC whereas some used to have extensive technical analysis over the crypto pair they are choosing so if the both goes in opposite direction and they manage to cash out at the right time then they can make huge margin over others.
You are right that people can make profit from trading, but that does not mean people are making profit all days. Some traders are losing more than what they gain and trading has been like gambling for some traders and they lose more. Also if you check leader boards on many trading sites, you will notice that everyone uses stable coin pairs, but which is expected because they trade in the derivative market where stable coins are pair with unstable coins. Be it of any pair, much technical analysis would help.
2226  Economy / Trading Discussion / Re: Which is more profitable trading ETH/USD or ETH/BTC on: March 28, 2023, 02:29:13 PM
Can you give me insight, do you think trading via ETH/BTC is more profitable than ETH/USD? Please give me an advice.
I am always wondering why some traders prefer to trade unstable coin with unstable coin pair. What are you spending? Not fiat? If you are not from a country that is spending USD, possibly as a trader you will still convert your local fiat to USD on calculator in a way you will be able to know the amount you earn in local currency. Stable coins like USDT is better as the profit and loss are easily known and also realistic.

But some traders can trade bitcoin if they are not certain of price fall and they convert from altcoin to bitcoin because bitcoin is less volatile than altcoins. Some people choose bitcoin during such time than altcoins. So they can go for bitcoin and also stable coins.
2227  Economy / Gambling discussion / Re: Can a casino ever run without the government's awareness? on: March 28, 2023, 09:48:05 AM
When bitcoin was first created, there were decentralized gambling sites, but all we noticed has been that decentralized gambling sites are shrinking while centralized gambling sites are increasing and expanding.

but with the introduction of CBDC and yes a registered gambling platform has no choice but to accept CBDC too, and I don't trust this centralized currency, I believe CBDC will have the capability to monitor incoming and outgoing funds
Gambling sites have choice to accept a coin or not accept it, although CBDCs are not coins, they are fiat.

This are crypto gambling sites, you can decide to deposit and withdraw in coins of your choice that a crypto gambling site supports.
2228  Economy / Trading Discussion / Re: Looking a partner on: March 28, 2023, 09:22:51 AM
To be honest, the amount I had was more than this, and I could not learn properly, I lost a lot of money.
I tried to learn, but I am not smart enough to analyze and trade, I also entered groups on Telegram, I lost a lot of trades to. In the end, I gave up, used the traderwagon & bybit bot to copy the trade, and chose the most profitable people, and I also lost. I don’t know, frankly, am I a person who has no luck.
This last option for me is to find an employee who wants to earn money and has a percentage of the profits.
Then do not make the same mistake, nobody will help you than to look for ways to take money from you, even if you lose or not, they are not concerned, they are only concerned about their pockets. Also know that scammers are everywhere. Do not make the mistake you made in the past.

If you have been failing in trading, know that trading is not for everyone. Trading is not gambling, but it is like gambling and highly risky. If you are losing, best to quit trading.

I will advice you to go for investment. You can invest on coins like bitcoin, ether or other better coins after making research about them, but I will advice you to go for bitcoin. Do not sell and do not panic when you think you are losing, they are just unrealized losses that will later become a profit. You can start to DCA now, and invest very well when bitcoin drop to around or below $20000 again.

Investment is better.
2229  Economy / Trading Discussion / Re: Looking a partner on: March 28, 2023, 07:58:43 AM
I hope you are not here looking for someone to scam? This may later lead to scam.

If you are not a scammer, I will advice you not to trust anyone. Learn trading yourself. Do not use more than what you can afford to lose to trade. If you have $100000, I will advice you not to take more than $10000 to trade, and this should be after you have learned how to trade and become an expert. If you are losing more than winning, better not to trade.

As a starter, having $100000, do not use more than $100 to learn. If you learn and understand very well about trading, you can use $1000. If you make successful trades and gain far more than losing, then you can use $10000 and you should not go beyond that.

Learn how to trade yourself. Depending on someone will only get you scammed, especially in a forum that you can not link someone's to their real life identity. Even the people that you know can still scam you, you will know that if you are reading news very well.

Know that newbie traders are prone to lose. Leave emotion aside and start little as I explained.

It is good to also tell you that investment is less risky than trading, if you invest in good coins like bitcoin. Altcoins are like gambling too, they are highly risky.
2230  Economy / Service Discussion / Re: Exchanging BTC b/w this community will serve the purpose of mixing? on: March 27, 2023, 10:07:20 PM
After there is no more free mixing services available, I am looking for simple yet free mixing methods.
Because Chipmixer is gone, you thought there is no other mixing service? There are many other mixers that you can use. See a list of bitcoin mixers:

2023 List Bitcoin Mixers Bitcoin Tumblers Websites

As far as I know, that topic is still often updated, even the recent mixers that came on this forum recently have been included.
2231  Economy / Trading Discussion / Re: Education and content of trading on: March 27, 2023, 10:43:41 AM
It is good for newbie traders to learn about trading indicators, they will later choose the ones they prefer. But traders should know that only few indicators is necessary. For me, I prefer moving averages, BB and RSI which is enough for me.

Rule (1) ALWAYS TREAT TRADING AS A BUSINESS
To tell you the truth to be a successful trader you much approach trading as a full-time career, not as an amusement.
No. Trading should be what you do not take as business, if it brings money, then it brings luck, but do not take it as business. Have a business you are doing. Trading is too risky to be taken as a business.

Rule (4) PROTECT YOUR TRADING CAPITAL ALSO
Saving enough money to fund a trading statement takes a tremendous seat of time and effort.  It can be even tougher if you have to do it twice
I do not really understand this, but you should not use more than 10 to 20% of your money to trade.

Never depend on trading. Also worth knowing that trading is risky and can be very risky at times, just like gambling.
2232  Bitcoin / Bitcoin Discussion / Re: Evidence that I actually invested for my baby on: March 27, 2023, 10:31:54 AM
Who is interested in the proof? I for one I am not interested in any proof because nothing can prove it to be right.

If you really want to prove to the people that you actually invested for your baby which I don't see any need for that...  Then you need to go beyond this to make that prove solid, you have to either drop the wallet address and sign a signature message with the address to prove that you actually own the wallet you use.
Assuming even he is able to prove the ownership of the address, that does not mean he invested the coin for his baby. I can come up with the idea, bought the coin and invested it myself, but telling people that I invested it for my child just because I need merit.
2233  Economy / Gambling discussion / Re: Chasing looses Vs Finding closure: Any difference? on: March 27, 2023, 09:41:23 AM
If you gamble and you lose, best not to gamble at that time again, because it can bring you more losses. You want to close the losses by winning little or you want to win all back can take more money from you. Gamble responsibly.

Forget about the loss, do not gamble again for that time, have good quality mindset back before gambling. Do not count what you lose as losses, use little amount you can afford to lose to gamble.
This is not what the OP is asking. Since it's an informal post, the author wasn't professional in it as there is no word "closure" in professional gambling, such might have meant a closing line. This is the almost-starting line of a new game, meaning that the author refers to concluding a bet pretty fast for him to start another one.

And this might be a good strategy for those that have tested and trusted it as better than tarrying much in some sort of bets.
No.

What the OP was asking is that if he is losing already, that can he still continue to gamble so that if he wins to certain level that he should then quit gambling for that time.

Let me quote the OP:

I really need a clarification on this. Is chasing looses in gambling same as looking for closure because i recently read an article on reddit where the poster said that he will gamble untill he wins just to look for closure. I have been thinking about this for sometime now because closure has the same characteristics with chasing looses which is even when the gambler is loosing he will still be gambling just to recover all his looses.

OP got the information from a post on Reddit. Let me quote it too:

Should I gamble until I win so that I can have a good closure?
I know that one session of winning won’t make up all the losses,but should I just win back a little and quit so I can have a good closure? What do you say?

Both posts are talking about a punter to continue to gamble more after losses. What is usually done by unprofessional punters and that is the time they can lose all their money.
2234  Economy / Trading Discussion / Re: USD Banking for businesses on: March 27, 2023, 09:27:41 AM
You do not need a bank before you can use bitcoin or other crypto. Bitcoin and altcoins are created without the need of bank or government dependency.

Banks like Ally Bank, Simple, BankProv, Revolut, Wells Fargo, USAA, Bank of America Financial Center, Chase, Goldman Sachs and many other banks in United States are crypto friendly.

Read this:
https://bankbonus.com/best/crypto-friendly-banks/#:~:text=Which%20US%20banks%20are%20crypto,Chase%2C%20and%20Bank%20of%20America.

But I am always wondering why people are depending on banks on what they can have without bank.
2235  Economy / Trading Discussion / Re: What your opinion? on: March 26, 2023, 07:51:31 PM
I really was having this question in mind to ask if it will advisable for somebody who want to start up trying doing online investment and chooses trade as perfect for him or her.
Trading is not the same as investment, both are risky but trading is riskier. For anyone that wants to be a trader, my advice is to never depend on it, start small and use the amount of money that is lower than the amount of money that you can afford to lose to trade. If you continue to trade, you will know which step to take depending on how trading favours you. But just like gambling, never rely on trading, although trading is not gambling.
2236  Economy / Gambling discussion / Re: Chasing looses Vs Finding closure: Any difference? on: March 26, 2023, 01:09:40 PM
If you gamble and you lose, best not to gamble at that time again, because it can bring you more losses. You want to close the losses by winning little or you want to win all back can take more money from you. Gamble responsibly.

Forget about the loss, do not gamble again for that time, have good quality mindset back before gambling. Do not count what you lose as losses, use little amount you can afford to lose to gamble.
2237  Economy / Trading Discussion / Re: What is exactly going on in price chart. on: March 26, 2023, 08:29:25 AM
Charts consist of information about the price of a coin, it does not show if some traders are emotional traders or trading to liquidate other traders trading fund.

A coin with high marketcap would be hard to manipulate, that is why it is better to go for such type of coin, like bitcoin.

i want to ask what is exactly a price chart (chart we see while trading) some people say that the candles are formed by smart money (intuitional trader, trader's with big capital who want liquidity and always look for stoplosses of major trader's ) or the candles are totally random and some people says the chart is form by human emotion, explain what is exactly a chart including all that above points (totally random or moves according to smart money and not random)
Some traders are good and do not trade with emotion, while some traders have very little emotion, while some traders are just newbies and they will make many mistakes they can learn from. The chart consists of the information about a coin price. Like if you use the candle stick chart, each candles consists of the opening, closing, highest price for the time range used and the lowest price for the time range used.

The importance of candlesticks in a trading chart is used by traders to determine possible price movement based on past patterns. It shows four price points (open, close, high, and low) throughout the period the trader specifies. This has certainly nothing to do with human emotion and neither is it a drawn diagram. It is there for a purpose and there is a basic definition of your worry.
On some exchanges, the candle stick chart can also consist of price change percentage, number of transactions, the volume for the time range chosen.
2238  Economy / Gambling discussion / Re: Does your country tax your gambling winnings? on: March 26, 2023, 07:52:49 AM
You are risking your own money and if you win you are penalised.
If you have a business, you still have to pay tax. Government do not care if you are making huge money or small money, all they care about is that you should obey the law.

In most countries, also I believe that is how it would be in other countries, that if you lose more than winning, you do not need to pay tax until your net profit is positive, which means your winning should be more than your losses before you should pay tax.

I'm curious as to how many other users have to pay taxes on their winnings.
It depends on the law the country has about paying gambling tax, but likely government like going for people that have huge winning that they can notice.
2239  Economy / Exchanges / Kucoin referring to coin product information in Chinese language on: March 25, 2023, 02:40:51 PM
This token is not bitcoin, it is tokenized form of 3x long bitcoin. Which means it is not that it is not only bitcoin, it is also a very risky asset.



Am I getting something wrong? I discovered x3 tokenization of bitcoin on Kucoin and I wish to know more about it which could be for short term holding.

You can understand better if you see this image:

                                          



If bitcoin go up 1x, this token would go up 3x. I think of giving it a try whenever bitcoin price go below $20000 again provided if something like that would still happen. I click on the product information, this is what I saw:

                                          



I thought this could be an error from my side, I click on my profit and check the language but it was English:

                                          


I was unable to read the product information, is there anything I am getting wrong? I like to read product information from the beginning to the end before I can buy such a token, but I understand just English. Maybe this is a bug.
2240  Economy / Trading Discussion / Re: Are you updated about machine learning tecniques that useful to trading? on: March 25, 2023, 10:27:36 AM
If you are talking machine learning, you should be referring to artificial intelligence (AI) used in trading, you probably also referring to many other bots which are existing.  You can even seen many bots on exchanges which can help you in trading. I am trading myself and manually without the use of any bot, so I do not know how accurate these bots are.

The recent AI bot that is most common recently is Chat-GPT, but according to my research, it can help traders, especially newbie traders to learn about trading, but not useful for people like me in trading because it would only give me the information newbie traders want and also the information that I can predict andd know myself, or even giving me wrong information.

As fro me, I believe in myself speculating what the price of bitcoin may be in short or long term. According to latest news, Chat-GPT even predicted that the price of bitcoin may reach $1 million in 90 days, but we all know how impossible that could be or how likely that would not be possible. Bots, AI used in trading, machine learning or whatever you called it, they may give you useful information, but that does not mean they are 100% accurate. You should rely on learning how to trade yourself without depending on anyone or anything, even if you want to make use of any bot.
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