when you will go to gamble for fun then you will also loss your money. so you must accept this risk and go for gamble. if you can afford that loss then you will able to enjoy gambling as fun. but if it hard you when you loss then you will not bale to enjoy gambling as fun. This will make you more angry and you will try to recover your losses thus slowly getting addicted to gambling and at some point you will be in big danger. So gambling should be done with caution
This is what some people do not want to accept because they gamble with more money and they think gambling is not good if losing money, but if very little amount is lost, gambling would be enjoyable. Using high amount of money will only lead to bad experience while gambling, while playing too much is also leading to losses. Assuming you collect $1000 weekly as an example for salary, will losing $10 to $20 affect? I do not think so. Anyone that is not expecting loss should not gamble at all. There are winning too, but loss chance is more. |
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You can't be sure of that. Some short time investment also have greater turn out than longtime. If you are consistent with short time investment, it will bring returns that in accumulation will be greater than a longtime hodling, so sometimes it is profitting to sell coins when on ATH, taking profit is better than hodling perpetually.
Short term investment should be within 6 months. Long term investment starts from 6 month and above. It can be up to 1 year, 2, 3 or 4 years. Long term investment can even be more than 4 years. If you invest when the price is low like this, long term investment is more profitable. Short and long term investment results in yielded good returns only if the project don't failed.
That is true. As for me, I commented based on bitcoin investment regarding this. |
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I chose Below $20000.
This is just a prediction that this year Bitcoin will remain in the price range of 17000 and 20000 at the highest. Do not really expect that the Bitcoin price will pass 20000 this year because there is too much speculation about recession and not very stable geo-political conditions, which will affect the price of Bitcoin.
We can choose the price will want and you may be right, but you should take note that bitcoin is at its lowest price already, I may be wrong but not likely. It could be deceiving that bitcoin is at $16500 today but in just a month, the price can increase above $20000, if it decreased back below $20000, you should not forget that we are speculating what could be the highest price of bitcoin in 2023. I believe bitcoin is going higher than $20000. |
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I think we've got a while to go before we see bitcoin go above $20 000 and stay there m. We might see spikes for it going in that direction but I think we're going to have to wait for the news of a halving to come before we think the price of bitcoin could do well.
Based on halving info, I think we'll see a rise before or after everyone expects (if too many people expect the same thing) but there might be possibilities for minor crashes after then too like we've seen before (mostly due to manipulation like March 2020). A healthy bounce is probably a good thing to wait for and then after that a few more healthy bounces (higher lows).
Halving will help bitcoin to get to all-time-high. If not all-time-high, the price will got above $50000, but all-time-high has been what is happening after halving. 2023 is a year I strongly believe that bitcoin will increase above $20000, that is certain. Bitcoin does not have to halve before getting to $20000 and above. Let us leave halving price speculation till 2024. Let's hope it's like that, 2023 will be the year that the market hopes will return to recovery and fix prices. the target of $30k in 2023 may be met if some of the strong resistance at the $19.5k price level can be broken. It's not impossible this January to reach $ 20k again. But if the market continues to show a persistent bearish state, we will return to the lowest level again. and $13k is my final target to buy again with some spare cash, but let's hope that doesn't happen either. more hoping bitcoin will be able to pass $20k and above and start fixing things up to new ATH.
I do not think we are going below $15500, if January is not favorable, I think the market will not be volatile at all and $15500 can be bitcoin price again and to not go below that. I may not be right, but I guess if January will not be bullish, the market will also not be very volatile in a way bear market will also not be favored. |
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I think revenge isn't always bad.
Take this or your leave it, revenge is always bad in gambling, if you lose from gambling and you want to recover the money from gambling, that is how more money is going to be lost. According to my experience, the loss will also differ because it would be more and likely what will lead to what will take all the money the gambler is having that is available for gambling at that period of time. Even if you leave gambling for awhile and later think of revenge, that is enough to bring up a bad mindset that will result to losses. |
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Bad days for Chelsea and Totthenem as they lost against teams in decline, now they are in decline themselves. Nottingam forest scored on the first corner kick. He made his fans feel this goal with a few positions before the corner kick. I'd say they played a smart game. They also had an explosive shot. As Chelsea looked for the second goal, they conceded. Chelsea's next rival City looks like they don't have a chance in this match. In the last match, though, they drew against City. It's as if the teams couldn't fully adapt on the return of the World Cup.
It was not a good match for Tottenham and Chelsea, it is true that Aston Villa won Tottenham, but Chelsea and Nottingam Forest played draw. I have preferred to go more for better clubs like Manchester City and Arsenal this season, but I know a day of disappointment may come anytime. About Chelsea versus City may not be as expected, City has better chance to win but anything can happen as Chelsea do not suffer many loss at home matches this season, only one loss since the start. |
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Revenge gambling is a means gambling site will be able to make more money from punters that want the revenge because the punters will gamble more to win back what they lost and also looking for more profit, but they will not be able to even win back what they lost but a time of more maximum losses as they lose more money.
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2022 was not a good year for crypto, the price of bitcoin has already fall massively, those leaving coin on exchanges were taught real life lesson by FTX implosion, what that led to more bear market. What would be the highest price of bitcoin in 2023? Make your guess here: Bitcoin price guess, 2023This thread should not be mistaken for what the price of bitcoin would be in 2023, it is about what the price could in January 2023. The open price is $16550. Will bitcoin price be less volatile like January 2019 or not? If not for FTX implosion, probably bitcoin could still be around $17500 to 21000 by now, but the implosion led to the present price bitcoin is at now, if no further bad news which is likely and possible, good news will later be what is going to be everywhere and it will be a sign that bitcoin will increase in price, but will the price of bitcoin in January reach significant high price? Will bitcoin price increase in January? Is bitcoin getting back to $20000 in January or not? |
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We are all welcome to 2023.
2022 was not a good year, but not exactly a bad year too. Bitcoin falled from $48000 in January and fall to the lowest price of $15500 in November 2022. But we should also know that November 2021, bitcoin got to all-time-high of 69000.
Some people got bitcoin, holding it and the price falled as some people sold. But the good news is that all-time-high is still possible and that might likely be in 2024/2025, just a prediction though. During the falling of bitcoin price, it was more on altcoins as they fall the most.
Some people save coins on exchanges, 2022 was another lesson for those kind of people as FTX collapsed and millions or billion worth in dollars that many people lost. Not you key not your coin is a lesson in 2022 as those coins saved on exchanges wallet addresses dropped significantly after the FTX implosion.
Let us begin the fun of 2023 by guessing what would be the highest bitcoin price in 2023.
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I don't really have a right answer to this from my point of view. Because it is difficult to determine exactly what percentage of funds should be hold, and what percentage should be used for trading. When the market creates a huge volatility, panic spreads in the market and along with it the strategies of the traders change. But the most important thing is that you should not trade with all your funds, you should trade only with those funds that you can afford to lose. I made a lot of mistakes during the last market dump, which I should never have done.
I do tell newbies to use the amount of money they can afford to lose to trade. Also I can encourage someone that is no more a newbie but that is still losing more than gaining to still continue to use the amount of money he can afford to lose to trade. But as for experienced traders, they do more than that. I can afford to lose 5% of my 100% funds on cryptocurrencies, but I still go up to 20% to trade while the remaining 80% for holding. Trading is like gambling but not gambling, that is why I prefer to treat trading the way it is. But for traders that do not have experience, trading can even take more than gambling. |
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According to what people have been posting in conclusion, self learning in trading can be helpful if having the right articles to read and the right videos to watch. Tutoring which is not a scam is good too, some can be scam. If a newbie traders go for self learning or tutoring, that does not mean that the basic has been escaped by the newbie traders, they are newbies, they will learn, have knowledge, have experience, have some losses. That is the reason it is advisable for newbies to always use low amount of money to trade which they can afford to lose if they actually lose it. One of the most important thing that newbie traders should read in trading which is very important is risk management.
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Are we preparing for 2023 crash or its a trap ? Opinions?
You can not use funding rate to determine what the price of bitcoin would be in 2023 first quarter. My advice to people is to just buy more coins. I looked into this and it seems Bybit is the only exchange with funding rates this high. All others are flat at 0.01. Looking at the open interest there is very little change. So no idea what to make of it.
I checked Binance, OKX, Huobi and Kucoin, the funding rate is at 0.01% all at the four exchanges. Looks like maybe a glitch on how they calculate the mark price or just a low liquidity period where a mid size trader can cause the funding to change this might with a mid sized order.
Probably, but that is too high. |
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They think gambling for fun means gambling without any interest or hunger for profit, no body enjoys loosing money, and this in the other way simply means, loosing money is never fun, but how we choose to react is what makes the difference...
Gambling is fun for some people, not common though if I guess. Assuming you are earning $1000 and you just take $50 to gamble, is that not fun? It depends on the amount you set for gambling and not going beyond it. Here Is What Gambling For Fun Mean To Me
To me, gambling for fun simply means - gambling, with hopes of making profit, but with the consciousness that if the profit does not come, I choose not to react negatively to the loss, or allow the loss way me down or make me feel bad, I just focus/put/fix my mind on the fun I had playing the game rather than focus or fix my mind on the money I lost.
That means you do not have to gamble frequently because the more you gamble the more you are likely to lose. If gambling for fun means gambling without any need or hope of making profit, why throw away or waste my money then? I would just put the game in a demo mood and play - I believe a lot of casinos have this feature.
Why not play it with little amount of money too and see how gambling is fun? |
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Reporter badges  . Self explanatory, but I think it would help with encouraging reporters. theymos knows this, but obviously has talked about how he wants to implement it correctly, and mitigate abuse of the system. I'd just like to see it implemented even if it's a very basic version. We'd likely have to have some very large tier systems though, as this forum is several years old, and some users have over 100k reports. I wish to go for this before, but with what you explained, I have a second thought, it can be possible that this can make other members on this forum that are not reporting now to start to report posts and many good posts may be reported which can become a problem for the moderators. If posts are often reported effectively, I think reporter badges should not be done, theymos can just be making yearly post about good reporers and how they all appreciate their efforts. |
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You want to sell your gambling account? This is ridiculous and only fools will buy it. You need to check the ToS of gambling sites, it is always stated that their customers should not have two accounts, not to talk of having more accounts, while also that selling of account is against gambling sites ToS.
If you are done with your account, just leave it like that.
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Nowadays there are so many crypto trading strategies in practice but the true challenge here is how to continue trading with out being obsolete as we know efficiency brings profit
The are just few crypto trading strategies that can make profit possible for you and they can not become obsolete. Newbie traders that will become successful have to know one or two of the strategies. The most popular strategy in the community is to buy cryptocurrency when the price is low in the market, and hold to watch when the price will increase higher before you can release what you are holding at the moment to achieve something special from the market.
This is holding, not trading. Holding and trading are different entirely. Personal research is another strategy many traders used to overcome losses, and embrace profits in the future because the moment you Carry out your personal research before investing on a particular coin, it will be difficult for you to experience failure than to achieve success at the end of the market.
Investing means holding too, not trading. Personal research is also not a strategy but a knowledged seeked for to know the right thing to do to do something correctly. If we are talking about efficiency and constant use of strategy, I think the best way to do that is to use a trading bot like Gunbot ( https://gunbot.ph) to be consistent and manage the risk accordingly. There are successful traders that do not make use of bot. |
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We may have been taught several times how to distinguish the intuitive voice from the voice of your ego. Although, it requires a lot of
Do you care to know if the bet made was attributed to your feelings of ego or you simply followed your intuition?
I follow analyses and I enjoy more of sport betting. But for casino games, I prefer to just have fun with it. But I do noticed that if I am not that happy is the time I win most but losing when I feel happy and more eager to play. I do not know what is connected to this though. This was when I was still addicted though, the kind of money I am using now is little to not make me think of anything like winning or losing is necessary or not. |
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In trading, statistical, fundamental and technical analyses are very important, but how about sentiment? When the price of bitcoin has fallen from ATH to a low price like this, I hope many traders that go short will not lose when the real bull run starts again. People should also know that they need certain strategies to trade before they can make good sum of profit, it is not only about those analyses, but strategy used is also very important.
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Newbie traders should know that they should use the amount of money they can afford to lose to trade.
We can see bitcoin at its low price, instead of some people to just DCA and accumulate, they may prefer to trade, I will advice you not to lose the coming opportunity as some people might lost in the last bull run. Some people are believing that there will be no bull run again in a 4 year cycle, I am not still one of that people, I believe we are still going another round again.
If you know that you are trading and losing your money, it is better to think about this twice or three time or more before making the wrong decision that you will later blame yourself for. We are in accumulation period, try and hold and accumulate.
My advice to traders that are losing is to still continue to trade, but using just 20% while 80% should go into holding. What do you people think about this? Out of 100% fund, what percentage can you advice a trader to use?
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Loss will happen even to the most experienced traders, but only the rich are the ones who turn that loss into gain, whether in the short, medium or long term. Therefore, learning to trade is easy, but risk management is the hardest.
I have noticed some qualities in people that are rich, they prefer not to use high leverage, some use averaging, they are very disciplined to not let emotion to take over while not that believing in stop loss because of the little leverage they use, they do not depend on time as they can go swing trading for a position opened for day trading, they prefer to leave the position opened for a long time until profit is made. But those that use little amount of money prefer to use very high leverage which can bring emotion to them. There have been many position I had opened in the past, but high leverage made me to lose as the position opened is high. I am convinced that trading cannot be taught. At all. Of course, you can teach a person the basic skills and understanding of how the market works, but he can only learn trading himself if his type of thinking is appropriate for this activity. I have seen many times those who have been trained, read books, watched a lot of training videos, had a mentor, but this did not lead to any positive result, such people never learned how to make money on trading. In my opinion, it's all about the type of thinking and psychology. I can’t explain exactly what criteria are needed, what kind of mindset is needed, but usually a person himself understands that this occupation is not suitable for him. Those who fail to understand continue to waste their time and money trying to master this profession.
This is right, it is not hard to know how to read indicators and learn how to trade, but the hard part which is a the way to making profit is to have a profitable strategy, but most traders do not have this. Although I believe that if a trader start with little amount of money for many months and read articles and videos about risk management, they can learn one or two things from what they learn and what they experience from trading. |
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