It's impossible that's no one wanting to sell. What if we reach to the point of Bitcoin is around $1M and that's the goal of most, there will be more Bitcoins again as we've got different times and price ranges to sell.
I highly doubt that's no one going to sell by that time. I've got the same thought of it before but in each market, there will always be buyers and sellers so it's balance.
While we see the balance of it, we're also seeing that institutions are getting all of those sold Bitcoins as they accumulate like MSTR has got now the 1% supply of BTC.
Hodling without selling only exist in books, but in real life, we all plan to sell in the end so we can reap all the hard work and sacrifices we put into our investment. And I don't think there are people who only buy and hold, probably they're not interested to convert those coins into profits, which I think if there's any, then they must have been rich already that it's okay for them to keep their profits forever. However, let's just focus on the reality. People eventually buy and sell. Where there are sellers, there could also be buyers at the same time, which enable the market to stay in balance despite of risks that are involved in bitcoin investment. Where there are risks, they can be lessen as well as long as we stick to the right thing when it comes to bitcoin. |
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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.
That's what most think of trading, they're only looking at that time when it's profitable. But, they have to remember that not everyon becomes successful so quickly with their very first trades. Telling that they can make money with 5-7 trades, that's even a quick and lucky time to trade and make money out of someone's trade. Because the normal process will have to make someone the most of losses first before going on with profitability. When we actually heard the word trading, profits is what will eventually come into our mind. That’s right, based on what most of the crypto influencers have to say. But we’ll only realize once we start to trade that it’s not all about profits but most often losses. In fact, those successful traders today have endured a lot of losses when they were starting so how much more if we jump on trading without getting the right information about trading. While losses are part in trading, but with consistent trading exposure in the market, we can always learn to minimize our trades from losing as we start to take part in learning the process. |
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Do you think a betting company or casino will understand and not arrest an employee who has access to company funds and then misuses it for gambling? If this employee claims that he is battling from gambling addiction, will he be considered for a lighter punishment? If you own such a casino or betting platform, what will you do to such an employee, understanding that addiction to gambling can make people make decisions that are unexpected.
I really doubt that this incident will be forgiven since trust is everything on casino industry especially if it’s involved money. If I’m a casino owner, I will not tolerate this behavior because my company life is based on the funds for gambling so if I have an employee that can’t handle his addiction then he is already considered as incompetent to the job description he is taking part. Immediate termination is always the right choice here because trust is already broken while there’s a lot of chance that this will occur again in the future because it’s an addiction problem and not a simple mistake at work that related human error. Allowing employees that mix their personal problem to work especially if the problem is related to his work is already a big red flag. Dishonesty is a big threat to all companies. Whether it’s a betting company or not, the fact that your employee breaks the rule and misuse the company’s funds, that employee deserves to be fired immediately. Otherwise, it’s like you are tolerating his behavior because he’s a gambling addict and would definitely do it again thinking that he’ll be forgiven again. Gambling addiction is like a disease that it’s hard to be cured if the person itself does not allow it to be cured. So if one adopts gambling addiction in any company, that would be a threat for the welfare of the company, most particularly if the company caters majority on funds. |
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I was just playing Hi-Lo, making small dollar bets, if it's 5 number card I select higher card and win, if it's 10 number then I go with 'low' and win.
Then I was greeted with Ace card, minimal possibility for equal card right (i.e, Ace), so I go all in, and guess what happens, the result is Ace means I lost the bet.
Then I have all sorts of thoughts blaming casino, like do they manipulate the result of the game when user goes all in. I am sure they are all fair, it's just that the possibility of losing the game may be minimal but it's never 0.
Wow! so this feeling is actually felt by others too and the reason why I say this, is because that's exactly the way I feel everytime I decide to up my stake on a particular that have been going quite well for me but just because I want to have maybe the money doubled really fast, I would then decide to up my betting amount and for everytime I really tried it the end result is always against me but if I think of doing it without actually doing it the end result is goes the way I predicted but whenever you decide to play the results is something different. Just accept the reality that in the end, gambling outcome will always be against us, thus favoring the casino house as it’s certain that the house has always an edge overs its players. Lucky are those who have made it to the top, winning a big amount after consecutive small winnings. But it’s very rare to experience this in gambling, what is certain is to see us more losing often most especially if we are trying to bet all in for quicker and bigger profits. Everyone has experienced this. So always bet on the amount you can afford to lose, betting all in is never recommended from the start. |
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If a gambler win this much with mathematical calculations, it is the same thing as saying that the person has broken the code to the algorithm behind the lottery. It is even a big signal if the winnings are consecutive, in that case, the company will either pause to do investigation long before it even get to the 14th win. Lotteries are game of chance and there is no way a player will be so lucky to win several times consecutively so the result of this case will be a complete overhaul of the lottery system
No lottery gambler has ever made this even before, so this really calls for attention how he did this and make it real happen. But it’s obvious that something wrong is happening, so we’ll see how this investigation will end up. It’s either the game is rigged, which I think is quite impossible when it comes to lottery. Or maybe he is just good enough in his mathematical computation that made him exceptional smart and lucky winning those bets consistently. |
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The feelings I get from gambling with friends are different from the ones I get when I gamble alone. When I gamble alone, I tend to internalize things. There's a lot of soliloquizing. When I gamble with friends, we tease each other at the slightest moment during the game. Even a loss of funds doesn't feel like a loss because what you lose there is gained in the bonding and socializing that comes from being with friends. With friends, you cannot chase losses, and you cannot place a stupid bet that is above what you planned because there is always that one friend who will talk some sense into you. Gambling with good friends is like a risk management strategy.
You are right. Losses will become a less burden if we experience it together with friends. Most especially if you have some funny friends, instead of getting depressed of your losses, everything will end up as a laughing stock and just enjoy the company and eventually forget about the losses. I think that’s the benefit having friends around while betting. You are not alone at your worst losses, simply because everyone has fair share of losses. Until you all end up forgetting about it since losses are actually expected in all types of bets. But, it’s still a good thing if you win more than losing more. |
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You know if you just learn to follow rules and abide with it, then there won’t be problems when you decide to gamble. I believe I’ve always been a responsible gambler ever since, and as much as possible, I take moves that are in accordance with the gambling rules and and regulations. I’ve seen some gamblers being kicked out from the casinos and that’s because, their obviously behaving inappropriately that could affect the reputation of the casino, and of course they are just ruining their gambler’s reputation and definitely would be banned the next time they decide to enter the casino.
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Hi,
There are always things that we are passionate about doing, such as video games, football, basketball, and sports in general, meaning that everyone has something that excites them and makes them want to do.
Like others, I get very excited when I sit down, take my phone, and start my bets. This does not mean that I am addicted, but rather I find it more comfortable and I have more fun.
Does gambling excites you? What motivates you, winning or just the fun in it ?
I'm not sure if I'm the only one on this boat but I get excited when I'm about to stake a game and all I think through is winning the game but don't get high expectations from it. I know that you are not supposed to bank on something you have not win but it always excited me when playing and I feel more excitement when I win the game, who doesn't like winning? Couple with the fun in it, the excitement that comes with winning is unmatch and very uncommon. There ugly side of gambling is losing, people react differently to it. As for me, I feel a little disappointed particularly when I'm about to win something and then one game make you lose the rest of the game, however, my own sadness is for a very short term, I move on like nothing even happened. That's how gambling should be, make sure you are a happy person always. I guess everyone feels the excitement when we start to place our bets and imagine the possible profits that may come later on. That is actually normal when gambling, most particularly if we end up winning the bet and make decent amount of profits. However, everytime we won the game, the excitement adds on until some gamblers cannot manage their emotions anymore and burst out on the amount of their bets and unfortunately, everything end up with losses. That’s the part I want to avoid, that’s why I don’t want to gamble on my profits, but always manage to keep them and gamble only on the amount I am comfortable to lose. Learn to manage the excitement, as it may lead to uncontrollable losses when you become truly attached to your bets. |
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Not only when you are tired. Not only when you are angry or sad. In general, you should be relaxed and feel like being entertained for a while. Going to the casino after the death of a loved one or after an argument with your girlfriend does not usually end well.
As long as you’re having a negative emotion, then it will never be a good option to gamble, otherwise you will only lose your funds in just a blink of an eye because you don’t have your focus and attention to your bets. However, even if you are feeling highly positive emotions and you are seeing an irresistible urge for gambling, I still advise to avoid gambling still because that will only lead to wrong decision making and eventually lose all your funds. Know when to gamble and when not to, and as much as possible evaluate yourself first if you are ready to lose or not, or if you are gambling on the amount you can afford to lose. With this, you can limit your losses if ever things don’t work out as planned. |
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Many people have big dreams, dreams that will take them places and announce them to the rest of the world
In fact if you hear some people talk about their dreams and visions you will be marveled with what God has deposited inside of them
But surprising to see many of these people don't have what it takes to sustain and actualize these their visions, now am not talking about money here
This lead me to think about how prepared people are with respect to their vision and dreams in life
A wise man man once said that when a man refused to plan he has already planned to fail , life is not a magic place as you can't get what you didn't plan for
Preparation is key and central to what ever you are set to do
You are actually true to an extent that he who fail to plan, plans to fail, but you also need to understand that the availability of money makes planing easier, which not everyone has access to, but if you are actually talking of procrastination, that would have been more logical to me that it's the major cause of failure in life. Do you know that their are so many people that have bigger dreams but have no resources to make it comes to reality? so the availability of money is very important not just preparation. Long term planning and preparation are indeed crucial to every goal that we want to achieve. And gaining sufficient amount of money or capital prior to application is already part of the plan, as the plan itself will never come into reality without a good amount of capital. However, those who pursue their plan without considering the amount of money needed will always end up as a failure. This is the reason why finances is also a great factor to make a good preparation end up as a successful one. Having good and long term planning with a sufficient amount of funds will certainly become a perfect combination to make a successful project possible. |
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* My question is, how safe is it to keep screenshots of Bitcoin/crypto transactions and useful information, on ones device?
As you know, all transactions are public and don't contain any private data like private keys or real world identity. So just knowing about transactions will not cause big problems on its own. And also the phone is supposed to only be accessible to the owner, so if someone else has access - be it physical or through malware, they could do a lot more harm than just finding screenshots of Bitcoin transactions. Just inform you friend to not take screenshots of private keys and seed and he should be fine. While taking screenshots could be natural for us, but if it’s about triggering privacy and security, then it’s never good already. Well, if he’s only taking screenshots of his bitcoin transactions, I think we should never worry for that. However, in case that he will lost his phone accidentally, then that stranger who will find it will know that your friend is hodling bitcoin which I think could also put his life in danger without him knowing. With that, your friend should be given notice to stop that habit, otherwise he is putting his bitcoin investment into its risk of losing from stealing or scamming, we don’t really know. There’s no way bitcoin sensitive information remains safe once it’s being screenshot. You are not only risking your own life or your own bitcoin investment, but even the lives of your family. So as much as possible, get rid of it. |
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I feel for him. This is because he knows that gambling has made him lose everything but he still would not give up, because he still believes that he can hit the jackpot with the next game. False hope is what many gamblers have, and gradually gambling keeps destroying them.
The person needs to be in rehab home, where he will be deprived from gambling for a very long time. I guess that will help him, but he needs his family to succeed in this. I haven't seen such gambler in my entire life. Is it that the losses was what made him mentally sick or something else.
Gambling addicts has always been having huge faith in gambling that it will eventually make them rich, but in reality only the casino gets richer while pushing gamblers into extreme poverty. But since they’re blind to that reality, they still pursue their gambling urge even if it means losing their family and their career. Sending them into rehabilitation center is the only solution. But before that, they should learn to admit to theirselves that they have fallen into gambling addiction and gambling has eventually made them worst that they lose control of theirselves anymore as long as gambling is concern. And all they need right now is understanding and emotional support coming from their family so they can move forward and take measures from gambling addiction recovery. |
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Kahit mahirap tanggaping na missed ang opportunity para magbenta, no choice kundi mag move on at maghintay na lang ng susunod na pagkakataon para kumita. Kung ayaw mong matalo at may potential naman ang hawak mong crypto para tumaas ulit. Eh di kalimutan muna ang market at ibaling ang atensyon sa ibang bagay, ng sa ganun hindi mo laging maisip yung nangyari.
Kaya importante na may sapat kang kaalaman sa pinapasok mo para masabi kung good timing ba para bumili o masyado ng risky. Ang hype kasi ang dahilan kung bakit ang iba sa atin ay sumasabay pa kahit alam naman na risky na masyado dahil mataas na ang price (lalo na pagdating sa alts o meme).
Ang saklap talaga kung yung hinihintay mo na bull run tapos na pala, kung ganon better luck next time then move on na lang. Wala rin namang mangyayari kung sisisihin mo pa sarili mo, mas lalo ka lang ma dedepress. Kung bitcoin hawak mo, walang problema kasi mas lalo pang tataas ang presyo niyan sa susunod na bull run kaya mas maigi dagdagan na lang kapag bumaba na ang presyo, sayang naman ang opportunity kung wala kang bibilhin kapag mababa na ang halaga ng mga coins lalong-lalo na ang bitcoin. Mas lamang ka kung alam mo ang perfect timing kailan bibili at kailan magbebenta. Kaya napakahalaga rin na maging updated sa mga news about cryptocurrency upang magka ideya ka kung anong maaaring sumunod na pangyayari sa sitwasyon sa crypto market. At maging aktibo sa forum parati. |
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Seems like the road to $100k is very rough indeed with how poorly the market price has been, some how it looks like we're never going to see $80k before the end of this month. Is getting to a week and we haven't seen anything positive like heading towards the $70k it was before dropping and we're expecting to see a new ATH anytime soon and that would happen when the price start going up, I think the market price might change in the next 3 days.
I have also seen that but I know in the end, bitcoin will eventually reach $100k. However, I’m not confident to say that it will happen just before halving knowing there will be series of correction before bitcoin price will surge high again and reaches another peak price. But whether it will happen before or after halving, I guess that won’t matter that much because what we are looking forward actually is the upcoming bitcoin bull run that will surely give us another opportunity to be in massive profits. The weak hands might be tempted to sell before $100k but for sure, long term hodlers will be more patient to wait for that. However, one thing is certain, those who bought bitcoin at a high price are actually in fears right now due to constant price decline, but if they are here for long term hodling, then this current price correction will never bother them all. |
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Being a Bitcoin investor or a holder comes without it's own ups and downs that makes us want to sell off all of it without looking back, but know one thing, their is actually a light, at the end of the tunnel, we should not be looking at the higher transaction fees, the network congestion, the complications and effort needed to hold perfectly without you selling due to financial pressure, the negativity and speculation around it by hater, the stress and measures put in place to secure it well from scammers, but as a true Bitcoineers, we should only be look at the brighter and the bigger picture of how much you stand to gain, if you keeps on holding, look only at the brighter side of it, because that's what going to motivate you when you feel tired, cheer to all Bitcoineer🍷🥂🥂
Normally the red flags during investing should also be acknowledged.Factors that could hinder the investment process ranging from volatility,risks,market liquidity,budget,inflation rate and ecetera These things can also be considered too in order to successfully achieve your financial aim. However,making a good investment decision should also be considered as important to make the right choices today whenever you intend to invest because it can have a big impact in your financial situation.There are good things to achieve when you take and make the right investment choices. Be aware both of the risks and rewards, that way you will certainly succeed on your investment because you manage well its negative and positive aspects. While bitcoin investment can be highly risky most particularly for those who invest without knowing, but it can also bring us exceptional profits if we overcome all its risks and take advantage of every opportunity it brings. In the end, bitcoin investment can be both profitable both long term and short term hodling, as long as the investor knows how to maximize its profits by buying at its low price and selling when the price is high. However, since bitcoin value appreciate every year, long term hodling might be the best key to gain massive profits. |
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I'm sorry OP but these two points you mentioned are nothing but unique. Actually, you'll find this kind of advice all over the forum, you haven't pointed out anything that's particularly exclusive to justify the opening of a new thread. Although what you mentioned is true, greed and spending more money than you can actually afford, are two of the largest plagues, especially for a beginner, it has been mentioned several times already, luckily though, some users have added their feedback as well.
Well you have your point here. But let’s just think for the upcoming beginners that will bump on this thread. While this sounds already redundant, but still a worth topic to discuss. Now back on the topic, these two you have pinpointed are actually the reasons why traders end up losing so much. However, I think the very most reason why traders lose is that they don’t have control on their emotions. Even if they say they have gained high knowledge and experience with trading, but the fact that they trade based on their emotions that will lead them to wrong decision making, then their trades will still most likely end as failed or loss trades. Trading is a game of mental and emotional aspects, if you don’t excel on that, you will never be good in your trading performance. |
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As crypto casinos mature, they're starting to resemble fiat casinos more closely. While anonymity was once a big draw, there's now a push for legitimacy and regulation. Still crypto casinos have perks like faster transactions and lower fees plus they offer gambling access to people in places with strict rules or banking limitations. It's a balancing act between regulation and innovation and both crypto and fiat casinos are evolving to meet changing demands and preferences
Crypto casinos still offer its customers outstanding levels of privacy and anonymity, but I guess these days having this anonymity is now being compromised. Simply because they’re starting to become more like centralized so they can still look more ideal for those customers who are looking for highly secured and reputable casinos that can provide them excellent service and security. And that will only happen if those casinos will abide to the rules and regulations made by the legal government. However, despite of the real purpose of this KYC which is to protect us from the scammers and to maintain the reputation of the casino, I still believe that this could highly trigger our personal identity that will lead to breaking our anonymity. But I think being anonymous is not anymore the biggest concern of the gamblers, but to have fast withdrawals and tight security on their funds so they won’t be compromising their funds once they started putting them in casinos exchanges. |
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- Until now, there are still such training courses that are paid for, but I learned to trade on my own if I worked hard, and if I read any studies about trading, I see other sections in the platform that teach a tutorial about crypto trading.
And the others that I even read here are even more credible to understand based on what I have observed and actually noticed. So those who pay are just wasting their money; it's even better to do your own research.
While paying for learning is not ideal, but if you are given an opportunity to be train by a reputable trader that also comes with a good price, then why not? After all, what you paid for now will be worthy for all the techniques and strategies you will learn from him. Not all trading methods are listed in books or any trading resources, as they’ve said there’s always unspoken ones that only experienced traders are well aware of. So grab that chance even if it means paying for a good amount, you will still be able to gain back all those money once you have become a well experienced trader as well just like your mentor. |
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My grandmother used to play bingo with her friends and neighbor before, so I tried to introduced her to online bingo. Although she enjoyed it, and it was convenient, she still preferred to play the game physically with interaction with her friends. It's important to respect their preferences and not push them into something they're not comfortable with.
Pretty aware of this games on which this is really that common on Philippines with this kind of game on which you could really be able to enjoy with your friends even though it involves money or betting but at least it is really just that something small and not something that could break their banks. Old people wouldnt be having nothing to do something and to kill up that boredom then its not bad to engage with these things as long it would really be in moderation then it should be fine. We do know that gambling could still affect elderly or old people. So far i havent been able to introduce someone to do gambling specially old people. Even into my grandpa's or ma's. I dont like for them to get involved with gambling and besides there are other far more physical activities that they are really that enjoying into on which i could say that this is much more better rather than on making themselves getting involved into something which is highly addictive. I love gambling but I believe it would not be an ideal thing for seniors. So I have no reason to introduce to them to virtual gambling. Aside that I don’t want them to get addicted with gambling, online or offline casinos, it’s just that at their age, their health condition might only be worsen if they experience so much joy and so much madness everytime they win and lose from gambling. Good thing I was the only gambler in the family. And even if I’m making a decent amount of income from gambling, that won’t be enough reason to convince my family members most particularly my grandparents to get started with virtual gambling. |
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It is true that we often say that we should invest in bitcoin every chance we get, but that does not mean we invest blindly and without any specific analysis or strategy . For me, buying bitcoin at ATH is a bad investment strategy because we have to wait many years and only get very low returns . Meanwhile, if we have a clear strategy and plan, we will shorten the investment time and generate significant profits .
Using the DCA strategy is completely different from buying at ATH levels . And we are just discussing buying bitcoin at ATH, we are not talking about DCA strategy.
Buying bitcoin at the ATH price is not recommended because you are at the peak of market risk where if the market experiences a significant decline then you experience high losses in just a short time, say you buy at a price of 69k and you only get a profit difference of 3k from the highest price of 71k, so you only get low potential to get high profits but on the contrary that you are now experiencing losses, I am very worried about buying bitcoin at the ATH price and it is better for me to choose the option to target buy when the market experiences a significant decline before the bullish market moment comes. You are putting a higher risk on your funds if you enter the market while bitcoin price is at its peak. Even if you say you are here for long term investment, but that never means that it’s okay for you to profit after a couple of years because you still have to wait for bitcoin price to skyrocket so that it will reach a new all time high that is higher from the price you have bought your bitcoin first. I still believe that buying at its dips is the best decision when you are in an investment. However, we cannot tell exactly if that is already the dip but as long as the market is in bearish, it’s always a perfect entry in the market. No need to debate for that, if you are waiting for your bitcoin investment to maximize its profits in the future, then always start buying if possible at its lowest price. |
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