And fear of taking a risk.
With so much fear associated while trading, fear of taking a risk is one of those emotions that cant be prevented. Especially when you are at profits but you are afraid to take the risk and doesnt believe on your own instinct and turn against the risk. Remember that a risk taker succeeds in trading.
Not every risk-taker survives in this highly volatile and untrusted market. I called it untrusted not because I think bitcoin will die but because any coin can be listed at any exchange and it might or might not have a good future so due diligence is crucial in the crypto market and taking calculated risks is the right way of approaching and investing/trading new and unknown coins. I would even say that having fear can sometimes benefit you because it prevents you from taking unwanted risks. As a trader risks must be based on analyses and not luck or feelings and once you have analyzed a particular coin in depth, you will either have full confidence investing in it or you will just know that the money is not coming back ever if I invest in this coin.
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we must have the courage to introspect with the mistakes we have made, whether it is our skills or psychology that must be corrected. every trader will definitely make mistakes, but the most important thing is whether we will give up and leave the market with the defeat? Good traders will always learn from mistakes and convert them into good results later.
It is also important to not take life and trading as a game either where a loss starts looking to you like a defeat. It is important you try and make a profit but if trading is not working for you there should be no shame in accepting the fact and moving on, instead of overthinking about the defeat and trying new strategies to recover from the loss and come out victorious. Not everyone can earn from trading just like not everyone can play the same sport because we all are different from each other in some ways which mean we have different abilities and skills. Try and correct or improve on the mistakes you made in previous trades, if still you are making news mistakes every time or making the same ones despite knowing them, then simply avoid trading before the loss is too much to quit trading.
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I try to move money to Coinpoker.com or any crypto poker and the minimum transaction fee for btc is over 20$ When my intended deposit 20$.
I haven't played at the mentioned site so I don't know if they accept other cryptos but to avoid feed I myself use altcoins like TRX for betting, of course at accepted sites. Bitcoin isn't ideal for small transactions as a gambler, I agree. After the fees to get money on crypto poker my remaining balance is 0
When you were making the transaction you must be shown how much was the transaction fees and how much would be the net amount sent, you should have stopped right then if the net amount being sent was 0. While when you do usd or eur there no big or no fees at all and the deposit is instant to while crypto not.
Don't know about other sites but when I bet on bet365 they take 3-6 hours usually for withdrawals to be sent while at crypto sites like stake I get my withdrawal instantly so you are wrong there.
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Everyone said everything that can be said about the game, it was an insanely good game to watch, however I would like to point out that Durant was phenomenal this series, dude really deserves credit. I dislike him a lot because of the warriors move he did years ago, that was a very cheap move and he definitely deserved our hate, they won free rings basically thanks to him, and because of him Curry doesn't even own a single FMVP which he deserved a lot.
However even though I dislike him, I have to say dude carried the team all by himself, played full games without ever getting benched, played without his superstar buddies, basically he was the reason there was even a game seven.
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What are the pros and cons of it?
I think the advantage of having higher taxes on gambling is that it detaches people from gambling and forces them to do something more constructive because although as fun as gambling might be, it is not a constructive way of spending time and time. The only disadvantage of having higher taxes is that people might want to use illegal means of gambling since they want to avoid these taxes. What should be the proper tax percentage for you that they should impose.
There is no pre-determined number in my mind but it should be small enough to keep the players away from illegal gambling sites and big enough to make sure gamblers feel bad about paying it and feel negative when gambling. Will this be a bad thing for gamblers?
Yes, because they have to overcome the house and later pay tax if they win but in the long term it isn't a bad thing for gamblers because the intention behind taxes is to create disinterest towards gambling.
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I know I've used the "panic sell" so many times, but have you, for God's sake, ever imagined with a cool mind that whenever we panic sell during shakeouts in the markets, we are actually giving away our BTC to those big institutions who are willing to snatch it away from us, yeah I mean it, every single drop of BTC seems to be taken away from us and it'll be no longer an average guy's BTC which was Satoshi's vision (don't pull me on this, understand the emotions). So if it goes into the hands of these institutions and governments completely, where will we stand? Nowhere. Why don't we understand that it's all more of an intrigue well thought out to wipe out every single BTC hodler (even the smallest one out there) and take away the control from the hands of common people whom Satoshi Nakamoto left BTC with.
It’s everywhere and you can’t stop it. It is a normal thing that happens in every market, there are things that can happen and it will lead to the market either falling or going up, it’s just as it is and you can’t change it. Although I don’t think that’s a reason why the market would be either centralized or decentralized. And as for the big institutions, well that’s another thing, and I am aware that they have all been buying up a lot of coins in the market. But, you also have to know that none of them would be ready to hold it forever. There will still come a time when they will have to dump it ,and it will be retailers that will end up buying and it will still circulate. If they don’t, well, everyone is simply going to abandon it for them , there are already lots of other coins that people can invest in.
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Reason 1: You are in control of your own money - government overprint cash which devalues the dollar, but big influential people and institutions can devalue Bitcoin with a single tweet. Bad news, issues with mining, and other things out of your control can devalue Bitcoin.
Reason 2: Nobody can take away your bitcoin whereas the bank can confiscate your cash and lock your account - should I worry about my bank doing this if I am not doing anything that is illegal?
Reason 3: You can send it to anyone in the world - why would people want Bitcoin when you cannot use it to purchase in many stores? Plus ii takes too long for 1 transaction to go through.
For sure I also ask myself why people would think that banks would close their account for no good reason. The only reason why banks will close your account is when you’re involved in illegal practices. If you’re the keep–your–hands–clean type of person, then you wouldn’t have anything to worry about banks closing your account. So you’re right about that particular one. And secondly , there isn’t many stores where you can spend Bitcoin, I don’t have any problem because I think the main purpose is just peer to peer transactions. There are companies that pays their workers with bitcoin these days. Then as for the transactions taking long, it’s not something that happens all the time. Finally, your first point shows you don’t understand it. Bitcoin has a time it goes up big like it did this year, and it after every four years when there is a halving, and after the prices goes up, it always comes down. So, I don’t think it’s all about whatever nonsense any influencer has to say or not, because without them saying it, the price will still go down.
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I think that every tax on what is harmful should always be increased to discourage people from consuming that product or service. Some examples of what I am saying are... cigarettes, alcoholic beverages, hookers and also gambling.
I see, I'm starting a controversial discussion, but given the need for greater tax collection, it's preferable to raise the rates of non-essential and harmful services to the population (whether in terms of health or finance) than for other essential services.
Of course, every tax increase is bad and it needs to be done reasonably when it's unavoidable.
I think every business that is destined to make people's lives worse should be taxed very very heavily. However at what point are you doing something that is against freedom? For example beer is bad for you, it is not healthy and if you drink too much beer for too long you will die, that is a known fact but its legal and you can buy it and drink it if you want, for a world where many drugs are bad for you and illegal, for some reason things like beer and cigarettes are allowed. So if you say 500%+ tax on the price and 50% tax on the income for something like beer, so instead of 3 bucks its 15 bucks per beer, would that be against freedom? I think many people will say so, but then how can you allow weed to be illegal in many nations? Long story short there is a line there but it is a blury line and nobody really knows what to do about these things.
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I wagered on Hamilton to win it, because he has been very bad for the past few races, I think Spain was the last race he was even decent and since then he has been very bad, it is rare to see him this bad so I am pretty sure he will be doing as well as he can, which means we are going to see aggressive racer Hamilton.
This usually has two outcomes, either he is going to have a problem and not even finish in top three like the last time in Baku, or he is going to win by 30+ seconds, which happened before I am sure, I remember a ton of 15+ and 20+ so I am sure there must be some 30+ as well. I am comfortable with my bet but of course the pole position will impact a lot as well, we need to see what happens and if he actually finishes at the top, then I am sure he is there as well in the actual race. I am not a huge fan of Hamilton but dude will pull it together for sure.
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I don't think that hype has even started yet. Can you name any NFT which hyped in the recent past? I would rather say that the meme hype has come to an end nd now the time has come for NFT to show its true potential.
Different people might be having different opinion but I'm sure any of these hype will sustain for long time or at least for end of this year whereas bitcoin hype will get back to in its original shape again and that will last until next year and if you are really looking for making good money then you should go for investing only with bitcoins rather than looking for any other short-term hypes. In my opinion also, NFT hype has already been done. Now it would be the best time for getting back to bitcoin investments by ignoring all others.
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Why do I see legit coins with real utility and transparent, excellent devs not doing well but shitty meme coins just flying?
It is always a bad time if you do not know how to invest and its always a good time if you know what you are doing. I personally do not invest during these periods because I believe that there is a good chance we could make a loss if we do not know what bitcoin will do, I need it to go down a bit more, and I already have some bitcoins anyway so I do not really need to rush anything. I just buy whenever I feel like it is down enough, and that would be good for me. If it was going up I would buy too, I buy almost all the time, I just do not want to right now because it doesn't feel right at the moment. At the end its your own decision, it is a bad time when you say it is a bad time, nobody else can say it is a bad time if you believe it is a good time, what others do is guess just like you would and that means you are as right as anyone else when you are predicting because it is just assumption.
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I know its an individual thing, but if you are in an alt and it is pumping...when is the best time to sell? I feel as though every-time I am in a coin that starts to make some good gain I leave it to long to sell..Anyone else do that. I heard it is because of greed, we star imagining all things we can do with our new profits, but the longer we leave it the more chance of not making good profits. Does anyone have a good strategy for knowing when to sell?
You can’t tell the right time to sell in the cryptocurrency market. The best thing to do here is to have a target, and when you reach that target, you sell your coins. Just like you said when the price goes up, you can sell your coins once you have made enough profit and not leave it there for long because leaving it there for a long time means that you will be at risk of losing it. When you try to get everything, you end up not getting anything at all. The price of bitcoin moved from below $10,000 to $40,000 and some of my friends sold a percentage of their coins.You can be taking a percentage when it reaches a new milestone.
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I do not think anyone will be able to answer that question for you here, except for people who are living in the same country as you. Why not ask around, I believe there are people around you, especially friends, who are into crypto trading as well. So, they can help you understand how taxing works for those in Kazakhstan. Or maybe you should follow the regular tax method. People living in other countries won’t be au fait with Kazakhstan’s taxing system for cryptocurrency.
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I've been looking up for opportunities here on the forum to find some good project that could lead me to financial freedom, sadly signature campaigns aren't one of those. Signature campaigns sufficient enough for us to have a good kind of living thus having some main source could do good for us. This pandemic taught me a lot about earning online by applying in freelancing. It could give good amount of money as well as experience as well.
There used to be more campaigns in the past and if I remember correctly, a few of those were decent paying ones. Unfortunately, many people treated them a source of main income, and some users even resorted to making alt accounts in order to take advantage of them. This, and a variety of other reasons, such as low quality posts, spam etc., have resulted into fewer campaigns and a reduced payment for your posts. I do not believe that anything that workers do would end up with anything about the quality and number of signature campaigns, its more about income and that is all people care about. So, let's say you have a company, and you want to do signature campaign to get more customers, on one side you have 10 legendary accounts writing 10 page dissertation type of amazing work and you made a loss, and then you have 100 spammers who write just "hey" type of useless things and then you make thousands of dollars in profit, which one would you go with? Of course you would go with the one that makes you profit. This is why I do not believe that its quality or anything, it is just that people in crypto already know the ones that exists, so if you are a company that has been around for a year, then we all know you, making new campaign doesn't help them, but if you are brand new then you do it to get known, that is the reason.
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Since i joined the crypto world i didnt face any problem regrading wallets but i see that many people lose funds...somtimes the situation is normal like when somone share his private key or back up phrase in a scam website...but lets imagine that somone open a nwe wallet on trust and start using it without even keeping the phrase...is there a way to enter his wallet and make transactions without even having the back up phrase?
You mean creating a Trust wallet account without backing up the wallet? I don't think trust wallet works like that. When you download the trust wallet app, before you can have access to the wallet, you either have to import a backed up wallet of yours or create a new one and back it up. That's how it works. But, let's imagine that you didn't create a any backup at all, and if the wallet is stored on your device, no one can have access to it, since it is not an online wallet that you create with an email and password. If it's an online wallet that requires your email and password, then if someone gets your email they may hack into your wallet.
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Like I get the markets move but is this big wallets, ancient wallets? Who is actually selling? Normie noobs who just got in the market and are spooked by comments?
I dream of the day when alt coins are not tied to the price of bitcoin. Uhg...
Well it's no longer a dream because there are already lots of cryptocurrencies that doesn't correlate with bitcoin, although most of the coins we have today in the cryptocurrency market correlates with bitcoin. So, if you're looking for coins that doesn't correlate with bitcoin, then you should know by now that there are coins that doesn't correlate with bitcoin. If you're making use of coinbase wallet you are able to see this as the app shows you which coins correlates with bitcoin and which ones doesn't correlate and it also shows you the level of correlation.
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On June 08 2021, I asked to Duelbits support to please ban me from the website
they said that it takes time for them to appeal the request and that they now will ban the account ( Since 2:14 am 11th June 2021).
Mate, you need to give them a few days for them to take action, they are not operating with you alone. There are thousands of members requesting different things and you cannot control yourself for 2-3 days while they are fixing things for you? If that is the case then I am really sorry you are severely addicted and must seek parental control from either a doctor or relatives. (For severely addicted gamblers, self-exclusion options may not serve its purposes as they may switch over to another gambling services or may go for new account within a same services).
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England reportedly have a great team spirit going into this tournament and talent also. Croatia is not a pushover team but I wasnt expecting only 1 goal from England though. Its kinda lame tbh That wasn't really a bad game neither, I think it was a cool game. Sure it didn't went as well as England hoped, they were planning on having a dominating game but it is still 3 points and it is still a win so I guess they should be feeling alright with it. I know that there is nothing to get super happy about since it was expected and they just what was expected from them but the reality is that we are talking about something that is not really too shabby neither, at least it is not an upset. The attacking side needs a bit more work, they are building the possession good and keeping the ball a ton but when it comes to scoring when Crotia is closed down like all 11 people it was near impossible to score, England needs to find a way to dissect the defense and get in, I know it is hard when other team parks the bus but I feel like it should not be this hard.
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For some time now i have been collecting altcoins from coinbase.com/earn program for the purpose to cashout by PayPal.
Is it possible to convert all the altcoins that i have collected into bitcoin for example and cashout? Is it worth this method a try or is it the earnings wasted in fees?
Alright you said it's on Coinbase, so why not just convert those altcoins straight up to cash and then withdraw them through any available options on Coinbase? I don't think converting those coins to bitcoin will be worth it, because you have to consider the fees you're going to pay to convert all of them to bitcoin, because I am very sure that since they are all different altcoins, you're going to have to pay fees for each one of them you convert to bitcoin, and by the time you are done with doing that you're going to be left with something way less than what you have now. But if you still want to try, well then, yes it's very possible to do that.
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The same odds to lose are 50:50 to Win. You lose Only if You buy When price is Up Green* Or You Panic selling* If its correction just buy more.
Yeah it is kind of easy, but not like hundred percent easy, because there are still some difficulties. But, I still feel that trading is something that everyone should free to participate in. It's good to try it out and see whether it is going to work out for you, because you never can tell. There are lots of people cashing out daily from being day traders. But, anyone who wishes to try it out for themselves should bear in mind the risks that are involved in day trading. It will be best for them to start up small, and when they are very good at it they can decide to be trading bigger amount of money.
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