Just have a gambling budget and never go beyond the budget. You can make the budget to be weekly or monthly and never go beyond it. If you are going beyond your budget, it means gambling is becoming something else in your life. Since I have started not going beyond my budget, my gambling habit has been good ever since. Also worthy to note that my gambling budget has never been more than 5% of my weekly income, it is even lesser than that sometimes.

My experience is more on sport betting, I do not gambling more on table tennis often like football, all matches I have chosen before in table tennis I have not lost a single one, but just occasionally, unlike football that I gamble on most where the losses are coming from. I do not bother about that and I keep gambling on football because I enjoy it more, especially during the big leagues playing. This can occur to anyone in both casino or sport gambling, but about casino, I do not think it would be pleasurable to the extent that I will lose and keep playing to keep losing more, there are other slots and games that are available on casino sites that I can choose instead.

Not your node not your coin, Bluewallet wants users to start connecting node directly.





If you are using Bluewallet lightning node (connection to Lndhub), withdraw you bitcoin. To red more about this if you are using Bluewallet lightning node:

https://twitter.com/callebtc/status/1628748275942625282?s=20


Continue to read:
https://twitter.com/callebtc/status/1628748275942625282?s=20
https://cointelegraph.com/news/bitcoin-node-connection-shuts-down-bluewallet-users-urged-to-withdraw-funds

If your tool is good, some people will be interested. But as for me I do not need such tools, I have been using those exchange indicators for everything that I need about trading.

If what you are saying is true, it will bring a convenient way for trading, but that does not mean the trader will make profit. You can set RSI alert to 70% and you sell, but that may be the start of a bull market in a way the indicator may stay around 70% or increase higher as a result of the price of the coin you are trading continue to increase.

What I am just saying is that indicators can fail, but having the alert for the indicators can be helpful against checking the chart all the time, which can reduce the time spent for trading.

Have you heard of the traders that thought they were good in bullish period like 2016, 2017, 2020 and 2021? Traders that have the kind of mindset that they just need to buy or open a long position, they will make profit and they are good until the bear market comes. Also some traders that often go short during bear market may think they are good until another bull market comes. You are not wrong by saying a good trader can make profit at anytime irrespective of the market condition, but trading towards the trend can help.

I will advice you to go for both and see the one that is more good for you. As for me, I prefer football and I like betting on football. I will also advice you to choose the one you like, it depends on preference.

As for the football prediction site, there are many of them, some gambling sites even have their own. I mention that to just let you know that prediction sites can help, but not up to 100%, even not up to 50%. You can make use of prediction site and still lose, so be wise. I use soccervista and Zulubet the most.

This is true, swing traders may not close a trade for two days if he believes in his analysis and if the market has not been favoured, but this may be what may lead to liquidation at times. A day trader can open a position and his analysis may favour in few minutes to just one or two hours, normally that is scalping if he close the trade, but still he is still a day trader. It is hard to differentiate between a day trader and scalpers at times because day trader may scalp while scalpers may leave a thread for a long time than minutes and hours just like day traders.

We have similar discussion here on gambling board: Any Casino Android software. The opening post is kind of different from yours but of similar replies about the preference of people. What I noticed is that some people prefer mobile phone and mobile apps for easy access while preferring computer gambling websites and apps for having better interface.

I have noticed that many gambling site do not bother to have a mobile app, while some do not have app at all, but while the website is user friendly and easy to be used to access the gambling site. Computers are better but I have seen myself more convenient using mobile phone likely because of easy access.

If what that happened last time did not happen this time, I am not expecting bitcoin to go below $17000 to $20000, because it was the FTX FUD that plunged bitcoin to $15500.

But for anyone that do not have the mind to sell bitcoin soon but waiting for months or years before selling, the person can buy now or start DCA which is better.

If you are the type that trade with $1000 or lower amount, the trading fee is not high. Trading fee is on percentage, and on the exchanges that I have used, it is around 0.01% to 0.05%. but trading with huge amount of money, the higher the fee.

Regulation is not a problem for some people because they do not see providing their identity document for verification purpose to be a problem, but there are still some no KYC exchanges, they are centralized though.

Current list of exchanges without KYC

Although I only have more confidence on Kucoin.

Unpredictability like exchange hack and data breach are the main problem for crypto traders.

Some traders can trade using decentralized exchange which I have seen before on exchanges like PancakeSwap which you can go up to 200x leverage, but I have not used a decentralized exchange like that to trade before, so I do not know the risk involved.

All I have known is that trading is not easy, it can be a means people can lose what they have earned. The best is to trade in the trend direction and having more long term trades like swing trading can be the best, or even just hold. Some people want to scalp or day trade, but losses chased them to be a swing traders or holder.

In day trading, I have noticed one thing, that you need to use the amount of money you can afford to lose, do not see it s a means of making money until it turns out to be like that for you naturally, because thinking like that can get you to an extent of you seeing trading as risky as gambling because naturally it is.

I check the weekly candles for this, using the BB and RSI. The more the time range of the candle stick, the more can be the accuracy, but indicators may not be accurate at times.

BB weekly candles are indicating overbought market already
The RSI weekly candles is at 71 already which also indicates overbought market

Likewise the MA, EMA and other indicators will already would be indicating that a slight bear market can result this time, if the weekly candles are used for the analysis.

My opinion is that it is possible that $25000 would be the resistance for now and possibly that the market can fall to $20000 again. But I can be wrong because indicators can fail.

The professional traders too lose, even some of professional traders may win more often but find themselves having bad luck because that is just trading. But anyone that follows the right step have the more tendency to have an overall win than loss. Fir beginners, they can trade too, but they should consider themselves s beginners and they should use just little amount of money that they can afford to lose because they are more likely to always lose as they continue to learn and having more experience in trading.

Someone that waits patiently for a significant bear market and see an opportunity to trade by opening a long possible during bull market will think he is a good trader, this is because the market is on the bull side. The market trend can help a trader, but no good time for a good trader, they trade during bear and bull market and they make money from it if they are good enough not to make losses instead. If you trade and lose, better to stop trading at that time and wait for next time to let the right mindset to set in you before trading. Profit can be usual, but losses can be at anytime.

Never mind I will use gambling as an example, if you gamble and you are an addict, you will have lucky days, but addicts have losses than making profits. Trading is different from gambling, but many traders are like gamblers, while many learn but still losing than making profit. It is not about lucky days but about being a good trader.

Exactly.

Advice him to just hold. Tell him to take an amount he can not afford to lose, after taking the amount, he should not put more than $20 to $50 to be learning how to trade. Some people may not want to agree, but in reality, trading risks is similar to gambling risks. For beginners, trading can be dangerous than gambling. The money he make after many months from that little amount of money used can determine if he should trade or not.

He has a lot to learn if he wants to be a trader. Three of which are most important are risk management, having good strategies and also learning trading indicators.

Binance moved to zero fee trading many months back, this is one of the reasons that many traders prefer to use the exchange and they have more bitcoin trading volume. That Binance has 98% out of the 100% of the world total, that is not what I can believe. You do not have to believe everything that you see online, some are just fake information.

Thanks, I thought as much because I saw no where to change it to those time ranges.

I can still make use of other exchanges mobile app like that of OKX or Binance if I need those time ranges for analysis while working on mobile phone. I hate exchanges site web version on phone, they are always not light to load and frustrating at time, if compared to using the mobile version directly.

I use my trading password often, I can not forget it.

About the second inconveniences, it is not a problem for me, I do not even see it as an inconvenience at all. If I go either long or short using future trading, I can set it in a way any money I transfer on my main or trading account to go automatically to my future trading account during liquidation. If I want to withdraw, you can see the trading account and the main account funds on the withdraw page and you can check both to withdraw money from the accounts at once. Only the one I do see as inconvenience is also an inconvenience on other exchanges, which is sending to future trading account.

The only problem I encountered is when I transfer fund from one account to another, it may take up to 10 seconds before I will notice it on the account I transferred it to on Kucoin, like transferring fund from future trading account to trading account. Before, it gives me a feeling that I did something wrong, but I know how it works now and no more a problem, but it would be good if Kucoin software developers can do it in a way it can be like other exchanges because I experience this only on Kucoin among the exchanges that I am using and that I have used before.

With my experience when I was an addict 4 to 5 years ago, I thought I can gamble and make money from it as an income, moving from one strategy to another. It started with high odds, latter thinking to use high amount of money with low odds to make money, and later was the online odd low matches. I thought something like a means of earning something weekly or monthly is possible. Because of low odds, I won most of the time, but because of high amount used, I noticed that I lost than won in just two or three matches lost after like 10 wins. What causes me to lose high amount of money to gambling was that I thought gambling can be a means of earning income but which I later found I was wrong.

I have preferred to use Kucoin on my mobile phone, it is one of the exchanges I have been trading now without forcing me for KYC, not requesting for like mobile phone number. I have used the exchange and it is quite good.

The only issue I have with the exchange is the candle stick time range, I was unable to check some like 6 hours, 12 hours and 1 month time range in candles.

I have used some exchanges that I can go to the settings to change some of the candle stick time range, I check Kucoin and I did not notice anything like that. Am I missing it, can anyone tell me if possible I can select time like 6 hours, 12 hours and 1 month time ranges on Kucoin mobile app.

It is not a problem though, I can check that on other exchanges, but I just want to know if Kucoin supports that on their mobile app so that I can be using it directly.

It is not a superstition at all, if you play and you lose, it is good to stop gamble at that time for awhile. Just as you later said, it will help you from losing more because when you can lose more is when you have lost and keeping on playing with frustration.

That is just you. Some people may like casino while some people may like just sport. Some people may like both. Even if you lose in one, better to stop at all at that time, no matter if it is casino or sport, it does not matter.

What is the validity of your source is what it is my post, that your source is not correct. We know that Binance dominates but not the extent that it has 98% of the 24 hours trading volume of all exchanges. Take a look at it yourself and see if it is possible with what is even on Coinmarketcap that is owned by Binance. It is all not true that the spot market trading volume on all other exchanges is just 2% while Binance 98%, that is a big lie and not correct is what I am saying. But it will be good if you can prove me wrong.