This is why it's not good to always invest when there is high greed in the market, when people are rushing to buy Bitcoin it could already be too late, and when people say no to Bitcoin could be the best time to start buying, I learned this trick the hard way but I thank the almighty that I am still standing high today.
The majority of people are victims of this kind of scenario. When FoMO is created, people think it will be a good opportunity, but they realize it is wrong.Bexause whales make FoMO to grab people's money, and those who are simple people, when they see people's greed in the market, they also rush to enter the market. But by the timee he does, it is too late, and they lose his money. So it means to say that your point is absolutely correct and should also be done in the same way that when FoMO is created, enty should not be planned at all because whales often create hype in the market to attract people. Those who can liquidate what little they have also try to take whales in their hands, and these exchanges are the ones who create FoMO. These people know how many people can be liquidated under this plan of ours. It is better that when the market is going up or down rapidely, you should go against FoMO because it is a trap and should be avoided. Everyone else knows what is good for me and what is bad for me. The FOMO effect is a market manipulation master. Whales use hype to draw crowds efficiently. The unassuming person thinks they're boarding a rocket, but its going down. They inflate prices to create a purchasing frenzy, then yank the rug out from under new investors. FOMO is. A psychological trap, it exploits our basic instincts of greed and fear. The smart move is to be skeptics. You zag when others zig. Going against the grain isnt enough - you must also do your research, comprehend market trends beyond the hype, and make informed decisions. Finally, with crypto, only market information is more volatile than the market. Swim against the tide, but avoid shark-infested seas. Stay knowledgeable, suspicious, and dont let others use your investment as an opportunity. |
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First, the Tether controversy is about transparency, not whether its backed. They mint another billion, leaving us asking, "Whats backing this?" In a transparent industry, its a valid concern.
On to Tether's Bitcoin ties. Its dangerous; Tether's stability affects Bitcoin's market due to its volume and trading use. This is about Tether's ripple effect on the crypto industry, not just trust. Tether destabilization could send market confidence tumbling, and thats not just FUD.
However, is Tether worry a mask for greater crypto issues? Think about it. The Tether drama may have blinded us to other system vulnerabilities. Worrying about a leaky faucet while a flood is brewing is like that. Digging and asking strengthens our understanding and environment.
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Look, the core issue here is the blockchain trilemma: decentralization, security, and scalability – picking two often means compromising the third. Infinite transactions per second? Thats a pipe dream as of now. Why? Because every solution has its trade-offs.
For instance, take the Lightning Network. Its an off-chain solution that boosts transaction speed, sure, but its not a panacea. The more you rely on off-chain solutions, the more you're moving away from the core principles of decentralization. Then there's the issue of security. Increased throughput can potentially open more avenues for attacks. Its nearly impossible to maintain the integrity of the blockchain and push its limits.
Lastly, consider this: maybe the pursuit of infinite scalability is a problem. Bitcoin wasnt designed to be a high-frequency transactional currency but a digital gold. The real question isnt about pushing transactions to an infinite scale, but optimizing what we have without turning Bitcoin into something it was never meant to be. New protocols and altcoins are exploring this, but Bitcoin’s role as a secure, decentralized digital asset is its real strength
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In gambling, it was mostly the owners are the ones who win, so it's no surprise that newbies or even the veterans are mostly losing in it, no matter how much experience, knowledge, and skill they have.
Yes, that's why veterans only give a little advice so that beginners don't gamble seriously, let alone think they can beat the dealer, even though what we know is that the dealer or owner will always win against the user, every gambler usually always finds some victory in every game, but Unfortunately, they are too greedy so they forget to stop and want to look for even higher wins so that in the end their money just runs out. You are right that everyone will definitely experience defeat when gambling, whether they are a beginner or a veteran who has a lot of experience in gambling, but that is the point of experience that can be shared with beginners, that gambling should only be used as entertainment, it should not be used as a place to earn a living, let alone become a a steady source of income, obviously that is impossible, our job is only to provide messages and warnings that gambling must be responsible and that is important for beginners to understand. as owners certainly don't want to experience losses because their goal is to create gambling so that they can reap profits from their users, gambling players will not be able to beat the dealer because they have arranged their game so they don't experience significant losses. beginners must have logical thinking, they can learn gambling from those who have experience in the field of gambling so that beginners don't take the wrong steps in carrying out these activities, and yes, as a beginner, don't think too much about whether gambling will provide benefits when you first start doing it because it's not certain and winning in gambling got it random. who knows with the aim of having fun, you might even get lucky because the more we have ambition to win the more difficult it will be to get. You mentioned gambling's brutal reality: the house usually wins. Its a company, thus their model doesnt benefit gamers. To manage expectations, newcomers should remember this. You are right about rational thinking in gambling. Beginners typically ignore this and leap into the glamor without a plan. Experienced players can offer vital insights into these world. Paradoxically, overthinking and strategizing can be dangerous. Gambling is a game of chance, and randomness is crucial. Ironically, beginners should play for fun rather than profit. The less you care about winning, the less pressure you feel, which can improve your decision-making. A delicate balance of ability, luck, and mindset. Beginners should remember this careful balance. |
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One key advice, never gamble for "making money" or as a source of income to pay your bills. You should gamble for fun. Think of the losses as a "payment" for the entertainment and the profits as a "rewards" that you can use to play more. Never run after the losses. That will only cause you to lose more. And oh, remember, in the long run, it's the house that will always in. Plus, gamble only if you can afford to gamble. Think of gambling as a luxury that you can live without. If you do start gambling, and feel like you are doing it too much and can't stop, you should start talking to someone about it. But remember, precaution is better than cure.
Gambling should never be a key income source - its dangerous. Considering losses an entertainment fee is smart. Like buying a ticket to a performance, sometimes its wonderful and sometimes not, but you dont expect a refund. The pleasure and fun should drive, not money. Always remember that the house has the advantage. Understanding gambling mechanics isnt pessimism. Its built for profit, yet gamblers dont usually profit. So, your point about gambling only what you can afford to lose is gold. Luxury, not necessity, should be occasional. Your last point is powerful. Self-awareness and seeking help are key. Recognizing a problem is often toughest. Yes, prevention is better than cure. Responsibility, acknowledging the risks, and being ready to quit when the game stops being fun are key. Your opinion deepens responsible gambling discussions. |
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Any addict will not value the money they need to pay for their craving.
The same happens with alcohol. It doesn't matter how much they are paying, an alcoholic will continue buying more and more bottles until they are broke.
Similar to a gambling addict, they will keep betting until they are broke.
The gambling addict doesn’t seem to acknowledge nor value the money he has at the moment. What would be going through his mind and foremost in his thoughts would be the money to be earned after gambling away the funds at his disposal. Same with any addiction. The addict would prefer to accumulating money, the feeling or satisfaction gotten after having fulfilled the desire to indulge himself in the habit. And that’s why money doesn’t seem to stay long in the hands of an addict. It is true what you say, an addict cannot accept or appreciate what he has got, even though he has won, he will not necessarily think that it is better for him to stop gambling right away, but an addict has an imperfect sense of control so he still there by playing gambling again with the aim of making more money that was previously obtained, and I like your opinion that it is true that money will not last long if it is held by an addict because he will continue to chase winnings until his desires or satisfaction are fulfilled. In the minds of addicts, gambling is the easiest way for them to make money. They will not accept their own stupidity, but satisfying that need will only make them lose more. Only when the cost is big enough to make them look back, or there is no longer a chance to look back, will this end. The irony is that gambling addicts always like to promise, and remember to never trust what the addict presents, it is just a lie, but of course there will be a few exceptions. I'm not sure if this is true, but most quiet gambling addicts have a distorted view of life, and they don't have much awareness about money, only seeing money as a measure of human value and nonsense about competition through money. You're right that addicts see gambling as a way to get rich, hiding their irrationality. The problem generally stems from their rejection of their logic's flaw. Your remark concerning the addict's warped life and money view resonates. They seem to live in a world where money is a warped measure of self-worth and achievement. You must remember that this isnt the complete tale. It's complicated, and although some addicts regard money as everything, others use it to avoid deeper concerns. Addiction provides momentary relief from life's hardships. Their addiction and society's association of financial success with personal value shape this warped picture. Changing this perspective is the actual challenge. Its about changing a decades-old belief system, not just eliminating gambling. Therapy, support groups, and, most importantly, a societal transformation in achievement and self-worth are needed. You raise questions about our beliefs and how we define happiness and contentment. |
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There's a particular bookmarker I use mostly in placing my bet via crypto, however I do not restrict myself to it alone. Though, It's my favourite gambling platform because it has good odds and markets but occasionally I explore other betting platforms to compare and contrast. By so doing, I've come to realize that there are certain market or sports that a particular bookmarker might be good at but not good at the other. For instance, I don't play live bet or inplays in my favorite bookmarker.
Not only you, I sure almost all gamblers will do the same thing in their respective favorite casinos and still try to play or bet in other casinos to compare the opportunities and also the Odds that can be obtained. There are even some gamblers who always explore every casino, especially new casinos with the aim of simply gaining more experience and information at each existing casino. Usually I also use other casinos to get bets that my favorite casino doesn't have and the Odds also have difference that can be taken into account when making each bet. As long as we don't have bad intentions or commit fraud then this is not problem, it just that if we can't manage our finances it can be very wasteful because we are attracted to betting at every casino we enter. Yes, exploring casinos is like navigating a maze with fresh options and experiences at each turn. Not only is betting exciting, but so is comprehending chances and each casino's products. We travel from casino to casino, comparing, analyzing, and calculating. The emotional tug of humanity is another factor. Casinos are meant to draw us into this thrill and possibility. A game within a game, right? Combining rationality with gamble excitement. The real skill is regulating our answers to the odds, not just understanding them. You got financial management right. Each new casino offers tempting alternatives, making it simple to get lost. But without discipline, this trip can rapidly become a swamp. Thus, the actual problem is making smart decisions and knowing when to play and when to step back, not merely making clever bets. The world of gambling is constantly fascinating to investigate because of this balance between strategy and self-control. |
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This isn’t for everyone though. It is for those who gamble for fun, and truly, anything that we humans do for fun can always serve as a stress reliever. But for gamblers who are in it for the gains (majority), you can get the exact opposite feeling. I mean, let’s say you’re broke and sad, and you decide to gamble, if you fail and lose that money, you’ll get depressed, but for someone who plays for fun, it won’t affect them because they already defined their purpose for game.
If the gambler do the gambling as their entertainment,So they won’t get any mental issue by the gambling losses.After the losses from the gambling,the gambler will loss their money and their mental health due to the stress from the gambling.So if you don’t want to affect the health,don’t take the gambling as the serious earning platform or tool.Many gambler take the gambling as the multiple the dollars by just playing.Most of the gambler forgot gambling had the luck and bad luck.The gambling is the game,the gambler should understand to keep their health by understand gambling as the game. Yes? if the gambler in question gambles for fun, there shouldn’t be a reason for them to feel depressed or even worse. Apparently, they will stake lesser because they aren’t focused on trying to make money, but just enjoying the fun and nature of luck. People who have the mental breakdown are those are strictly doing it to make money, though there are different gamblers with their different tolerance level. For example, the reply directly above yours explains it. Maybe some use that gamble for fun as excuse so that they can't hurt theirself for losing a lot of money on gambling on wrong decision making while playing. We cannot really enjoy gambling if we are experiencing heavy losing streak that's why we need to lower out some expectation in mind and if we really up for fun then gamble the smallest amount you can pick so that no hurting of feelings will come once this bad situation happen. People can really experience a mental breakdown especially if they can't control their losses anymore and what they are thinking is to recover the huge amount they lose. This is stressful feeling so gamblers should be aware on taking notes about possible scenario so that they will not go in situation where they are breaking their heads for headache they receive for losing a lot of money. That's why its important to follow the remindet that gamble resposibly since its really helpful. Yes, the phrase "gambling for fun" can hide bigger problems sometimes. Gambling should be fun, not stressful. Its a delicate psychological balance. The key is to lower standards. You can lessen the emotional effect of losing by betting small amounts. But the hope of getting better can cloud our judgment. People are naturally inclined to avoid losing, so when they're on a losing run, it makes sense to try to get back on track. This is where rule-following comes in. Setting clear limits and sticking to them can stop the loss from getting out of hand. Not only is it about the money, but also about keeping your mind and emotions in check. Being responsible when you gamble isnt just a catchphrase; its important advice. Knowing the risks and having ways to deal with them, like taking breaks or trying new hobbies, can save your life. It has to do with gambling with a clear, in control mind, making sure it stays a fun activity and not a source of stress. |
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Avoid being emotional. I guess that's the number one thing. If you are emotional, you will be carried away by joy, greed, despair, etc. If you are winning and you're very emotional, you could end up losing everything. You think you're lucky and would continue to play even after winning big already. Or if you lost, you could be angry and you would chase your loss and try to recover it. This emotion is equally damaging. You would go home with a bigger loss.
One can never be too emotional when it comes to gambling. Always consider the facts and then a gambler has to make a decision. Just as excessive greed is not good, it is never good to be overly emotional. Losing a bet will make you sad but winning a bet will give you immense joy and because of that extreme joy you will be overly greedy and emotional if you bet your money in the wrong place again you can lose all the money. No matter how much money you make in betting, before placing your next bet you need to think whether you are betting in the right place or in the wrong place. Never take a bet thinking that whatever is in luck, you should be confident enough in yourself and then decide to bet. Over-emotional decision-making means losing your money. Gambling is really a game of probability and calculated risks, so keep that in mind. The thrill of winning can be addicting, causing emotional betting where wins and losses influence your next move. This cycle can be dangerous. The idea is to create a system, essentially a personal algorithm, to guide your judgments without emotional bias. Separating delight from tactic. Winning or losing shouldnt motivate you to gamble again. It should be a straightforward odds and outcome analysis. Gamblers forever argue luck vs. skill. But the most experienced bettors realize its not just chance or confidence. Making smart choices, understanding the game, and knowing when to quit are key. Remember that sometimes the best gambling strategy is not to wager. |
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I haven't heard of those sites before...
The ugly part of everything is how your friend just got registered on a site like that, without checking it reputation and policies too...
Most of these newly advertised sites are just tryna chase clouts... They know too well they'll immediately fold up assuming they're kept in a position to hold as much funds as possible on individual wallets..
Edit: These sites could sometimes make Thier gaming options easily manipulated ...in that your chances of having it cut is really low.
Sandra 🧑🦰
At this time gambling is very popular among the people, gambling is not limited by caste and age. So that everyone can enjoy gambling with various main reasons they play gambling. Gambling has become very popular, so with this popularity there are many irresponsible parties who take advantage of this situation and plunge into the world of gambling as gambling site providers with the aim of reaping the maximum profit from some people who gamble, whether by cheating or other fraudulent acts. so in this case we are required to be more careful in choosing a gambling platform that we want to visit. The loss in gambling is like an invisible thing, but it is very close to what we think. So, be some of the wise people in determining something, including in choosing the gambling site that we will visit. yes, that's right, with increasingly advanced technological developments of course everything will be completely online or sophisticated, including gambling, now many people are gambling online, some are making their gambling private, some are even gambling and broadcasting live on the internet, so many people are watching. That's because online gambling is currently popular with lots of games that attract people to gamble. However, there are also those who make this a fraudulent game, as I have felt myself, I once gambled and won on a site that I initially saw on the internet and I tried it, it was quite difficult to get the win, but when I won big and I made a withdrawal there was no balance. I let it go into my account for a long time and when I went to open my account on the site it turned out that the site had deactivated or blocked my account, so I couldn't take the winnings I got. So it's true that all gamblers have to be smart and wise in choosing sites that definitely pay out if they win, unlike the site I chose, which didn't pay out for the winnings I already got. Gambling has changed online with private rooms and live-streamed activities. It's awesome yet dangerous, a digital masterpiece. This evolution is varied yet hides risks. These games are irresistible due to their convenience and the excitement of winning from anywhere. However, your incident shows the darker side of this virtual wonderland. Trust violations in online gambling systems are serious. Learning about dangers is painful. Here, the pseudo-problem is whether one can trust the platform, not merely winning or losing. Unscrupulous people can hide behind technology. Your story is a warning to all gamblers. Site selection requires caution and vigilance. Legalities, platform history, and user reviews are crucial. Don't believe everything you see in this digital gold rush. Your sad experience teaches online gambling. |
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Let me tell you, the feeling is far from pleasant. It leads to a decline in your work performance, which can have significant consequences since that's your primary source of income. It might be manageable if you're winning, but the harsh reality is often quite the opposite. Even when we do win, we tend to spend most of our winnings, so we don't treat it as business money. This leaves us in a precarious situation when we lose because the money we initially budgeted for our families gets diverted to cover unexpected gambling-related expenses.
I'd like to hear from those of you who have experienced this or are still dealing with it. Please share your testimonies.
- I believe that each of us has something that affects our main work. Gambling, or allowing your mind to be affected by it, I think, is one of the worst things. It not only steals efficient working hours but also keeps us in a state of anxiety and worry. This, in turn, affects your primary job or your gambling results as well. - In the past, I've sometimes used my working hours to engage in online betting or follow charts for trading. Initially, I thought I could make use of my downtime for this, but gradually it turned into a habit that I would do during working hours. When work got busier, I found it frustrating that I couldn't indulge in these activities as I used to. - I consider it a bad habit that can be somewhat addictive because it gives you a false sense of accomplishing more. It took me around 1-2 months to quit this habit. Sneaky trap, right? First innocent diversion, then boom. This loop makes you feel productive, but its only an illusion. Your experience is consistent with a frequent pattern: gambling or trading during work hours begins as a clever use of "downtime." Theres a fine line between using spare time and letting it consume you. Its hard to handle this gradual change. You soon find yourself more interested in bets and charts than in work. You accomplished much by overcoming this. It demands self-awareness and determination. Its about changing your lifestyle and thinking, not just eliminating a habit. What worked for you in your 1-2 months of freedom? Shared this could be gold for others in similar struggles. Your story shows how quickly pseudo-productive pursuits may hijack our mental space, which we typically undervalue. |
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I consider chasing losses to be the first step towards ruin because to chase losses every gambler will definitely deposit or use more money, whereas once they start betting the losses will never stop.
This kind of behavior must be thrown away from gamblers if they want to be able to enjoy the true happiness of gambling.
There's no joy in chasing losses; it just reflects our inability to accept defeat and the desire to always come out on top. This approach doesn't involve logical thinking; it's solely based on emotional decisions, and I'd argue it's a flawed strategy unless you have an infinite amount of money. Once you start chasing losses, your patience begins to wane, and patience is a crucial trait for maintaining discipline and safety in gambling. That's right, I will also say the same thing as you said, there is absolutely no pleasure felt by the gambler when he chases defeat and what happens and what he feels on the contrary is that he chases defeat with full pressure in his mind, he always thinks how to make the defeat in the previous time can be replaced by victory and with that he must get a victory in the new gambling session. And also yes on the other hand honestly I would not say that they are responsible gamblers, because obviously with his behavior chasing defeat as you said it is enough to reflect that he cannot accept defeat in the previous time. True, there was no logical thinking when he did and decided to chase defeat and certainly the decision came out of no consideration and was only based on emotions and lust. I'm not sure if this is a good idea or not, but I'm sure it's not, and I'm not sure if it's a good idea or not, but I'm not sure if it's a good idea or not, and I'm not sure if it's a good idea or not. The mind of a gambler chasing losses is somewhat mad. This cycle is emotional rather than logical, with victory becoming an obsession. In this situation, the gambler wants redemption, a dangerous path where want over reason. This obsession frequently covers a deeper issue - the unwillingness to accept defeat - which might be a sign of a greater struggle with acceptance and control in life. Gambling becomes a frantic attempt to validate and reverse fortunes. The actual gambler's paradox is the perception of control in an uncontrollable circumstance, not gambling. The mental gymnastics of strategizing victory from a random event is fascinating. It causes issues: Can control be attained in a world governed by randomness? Or is this just a comforting illusion to justify continued indulgence? Thus, the gambler's dilemma is about control and the pursuit of victory, not just winning or losing. |
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First off, I like your clear and ambitious goal. $50,000 is hard to reach, but with the right strategy, its possible. You should take advantage of every promotion and arbitrage chance. This increases your odds and shows betting knowledge. Please be careful with sportsbooks, especially unregulated ones.
Building your bankroll selectively is another good option. That perfect spot between risk and reward is key. And anticipated value (EV) matters. Each bet's quality and return matter. Analytical thinking may pay off. Finally, network leverage can influence gameplay. A network can give you an edge in betting because information is king.
Your strategies are sound, but betting is unpredictable. The world is unpredictable, so even the finest plans might fail. Keep your aim in mind and practise responsible gambling. Balance is crucial to reaching your objective and enjoying the trip.
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While risks and scams still exist, Bitcoin itself has proven its worth, emerging as the premier cryptocurrency, demonstrating its dominance over others. The short-term fluctuations are there, but historical data consistently indicates growth over time.So, why should we continue to echo the sentiment of "invest what you can afford to lose" when referring to Bitcoin? I believe this phrase is more suited to gambling or trading, which we all know come with inherent risks.
We do understand that Bitcoin is the best investment in crypto business which has lesser risks than altcoins, especially for long-term holding. However, that doesn't mean this doesn't have risks. That's why you still have to apply "Invest the amount that you can afford costs". When investing in Bitcoin, no one knows what will happen. This is not only related to Bitcoin prices on the market which will go up and down or even skyrocket someday in the bullish era. But the risk is also related to the security of our assets, namely whether one day we will forget how to access or lose the most important information for accessing the wallet. This is also part of the risk. So even if you invest in Bitcoin, it doesn't mean there are zero risks. This is my personal opinion. Yes, you're right about Bitcoin. It's a crypto giant and safer than altcoins. But "safe" doesn't mean "risk-free." Investors should only invest what they can afford to lose. Your point about market swings and security risks is correct. Price dynamics might make asset security seem unimportant. Anyone can lose keys or wallet access protocols. This emphasises the importance of both market movements and investment security. Remember that with Bitcoin, price fluctuation is inevitable. The bullish era may make us dream of huge gains, but we must keep grounded. No one has a crystal ball, and the market is known to humble even the most experienced participants. Every investor, young or experienced, should remember your point concerning Bitcoin's price risks. Finally, Bitcoin's "inevitable" success problem must be addressed. While many of us are bullish about Bitcoin, we must stay sceptical and avoid naïve optimism. Despite Bitcoin's lead, the crypto sector is known for its quick changes and shocks. Your balanced optimism, admitting dangers but believing in possibility, is reasonable. This deliberate interaction keeps the Bitcoin community fresh and ready for the future. |
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Bitcoin's transaction fees have changed. Bitcoin promised financial freedom and unrestricted commerce. Bitcoin's essence looks eroded by high transaction prices caused by network congestion.
Most holders are sidelined by high fees and slow transactions. The Bitcoin ecosystem's accessibility and equity are at risk, not simply fees. Ironically, finance-democratizing technology is becoming exclusive.
But lets be practical. Rising fees arent a blip; they're part of Bitcoin's growth path. As the network grows and changes use, such issues will arise. The more popular and helpful Bitcoin grows, the more it struggles under its own success. This is Bitcoin's rising anguish, not its end. The answer? Continued innovation and adaptation, possibly accepting high fees as a necessary evil for a more robust and scalable future.
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While the Bitcoin ETF is a hot topic, its important to realise that Bitcoin's worth and possibilities extend beyond this event. The whole picture counts. Bitcoin is popular due to its decentralised structure and limited supply, regardless of market swings or financial instruments like ETFs.
If we dig deeper, the ETF rejection could just a hiccup in Bitcoin's trajectory. Bitcoin has historically thrived in uncertainty. Bitcoin is a technology, movement, and new way of thinking about finance and autonomy, not just an asset. Holders understand this.
Its critical to comprehend Bitcoin's underlying ideas and long-term vision, but market dynamics and ETF approvals or rejections are also important. Your suggestion to hold on during tough times fits a long-term investment approach. Patience and a solid grasp of Bitcoin's fundamentals often pay off.
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There has been several occasions of people saying buy and hold without consedring the negative effect it has impacted on many people live. Lets take for instance, when bitcoin was at ATH of about $69k somany people bought at same price expecting it to hit $100k and above while some baugh at the price when it was 40, 50, $60k conservatively. When it was going down to even $20k people keep on holding. Now it's about 2 years since bitcoin fell and never meet up with the price they baught. And they are hoping it comes back after losing huge amount of money. New investors are are taking advages of it while the old investors are regretting.
A bitcoin investment is not a two-month or one-year investment. Long-term Bitcoin investment pays more than short-term Bitcoin investment, which is why you should use the money you are not in need of anytime soon for Bitcoin investment. Many people invested when Bitcoin was in its early stages and got huge profits, and I am sure some of them are still holding their Bitcoin or some portion of their Bitcoin. I understand you that people could have sold their Bitcoin when the price hit its ATH, but remember, Bitcoin has potential and the price is unpredictable, which is why they cannot know if the price is going to drop below that then, but if these same investors keep holding their Bitcoin, they will surely gain from it because of halving next year. So I sudjest sometimes if the market is going down beyond bearable measures, there is need to swap your BTC to USDT to keep your capital safe in other to buy back when it is going up to avoid loosing some huge amount of money.
So what's your sudjestion on this.
It is a good suggestion for people who have little faith in Bitcoin. Although if you feel insecure with the price movement, you can sell or set a sell limit, the best thing to do is to sell some portion and keep holding some. When it comes to the world "long term" then it would really be that depending on someones preference yet there are ones who would be talking just only for 6 months and there are ones who do talk for 1 year or a couple and there are those people who would be talking until the end of time.  Therefore, when it comes in talks about profit taking then it would vary and there's nothing we can do about it but i do agree on the fact that there should really be that profit taking thing specially when its already peak of the bull run. How to determine? There's no way on knowing but it would really be pretty darn obvious if we do speak about price peaks and as long you do already get that profit then cashing or selling it out is never been that a bad idea. Just like on what most people been saying that profit is always profit and this what matter the most and dont make yourself getting left again by the train. If you've been here able to witness those bull run times then it would really be that impossible that you arent really that wary on how things works. You shouldn't really be making yourself dumb or careless this time. To begin with, let discuss this "long-term" Bitcoin business. Everyone's long-term clock runs differently - ix months, a year, or until we're all driving flying cars. The truth is that profit-taking in a bull run is smart and necessary. People talk about "HODL" until the cows come home, but theres another side. Cashing out at high prices isnt a difficult task. Keep an eye out and feel the pulse. Market secrets produce wealth for those who listen. Its about profit, but also about not being left holding the bag when the music stops. Theres no crystal ball, but if you dont see trends, you're losing money. "Profit is profit" - simple yet profound. Dont blame yourself for missing the train. Being aware isnt enough; be action. There's a fine line between courage and recklessness in this game. Play carefully, take your successes, and dont be fooled by unachievable gains. Bitcoin is more than a currency or asset - it tests wit and nerve. |
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Once we've proven that Bitcoin keeps rising every year, holding onto it seems risk free... this confidence is expected to persist as the asset continues to grow.
However, BTC remains volatile, and that's an inherent trait. I can say that the risk with Bitcoin is relative, depending on how people treat it. Everyone has a different perspective on this, and I can conclude that there are two types of investors who will view this either as a risky or non-risky asset: long term investors and short term investors.
Long term investors are always optimistic about the future based on their fundamental analysis... and daily price changes don't bother them because they not monitor short term price movements.
On the other hand, short term investors clearly see this as high risk, as daily candlestick fluctuations go up and down due to its volatility... those who don't have good trading skills may face losses because they consider too many calculations. This is the real risk because no one knows whether Bitcoin will go up or down tomorrow. It all happens spontaneously due to market conditions and circulating news.
Long-term and short-term Bitcoin investors are clearly divided. Its important to recognise that Bitcoin is a financial game-changer, but its not for everyone. Long-term investors have welcomed Bitcoin's volatility as an opportunity. They recognise that Bitcoin's worth lies in its potential to revolutionise wealth storage and movement in the next decades, not everyday volatility. Now, on to short-term investors. The trip will be crazy, but volatility is where they find fun and profit. Not everyone has the stomach or strategy for this high-stakes game. However, to reject short-term trading as speculation ignores market analysis and good traders' human behaviour understanding. Bitcoin's volatility, driven by market dynamics and news, is fascinating. Its about joining a financial revolution, not just investing. Long-term or short-term, risk is high. Bitcoin's price fluctuations are a sign of life in a market thats changing our concept of value and investing. |
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It is true that Bitcoin has been performing great since it was introduced in the market, but I think saying Bitcoin is the choice of investors is an exaggeration. There are still lots of investors who are hesitant to participate in the Bitcoin market. If we look at it, I think only a small percentage of these investors are into Bitcoin while many are still into traditional investments.
Aside from that there are still problems and issues in the Bitcoin system that keep investors and companies away, especially in the financial sector.
This statement is an overstatement for bitcoin. If you compare the number of bitcoin investors today with many years ago, it is clear that there has been a huge change. But compared to other markets, the number of investors in bitcoin is only a small number compared to other markets. To put it bluntly, the majority of people investing in bitcoin are just retail investors with little capital and a desire to get rich quickly. As for large investors and institutions, there are still not too many people investing in bitcoin. They still stand outside the game and observe, they have not yet decided to invest in bitcoin. But once the ETF is approved, I believe that will change. Bitcoin is still not the top choice of all investors in the financial sector. Comparing Bitcoin to traditional markets is like comparing the early 1990s internet to today. Bitcoin investors are few compared to traditional markets, but isnt that the point? It reflects new tech and innovation. Many retail investors want rapid riches, but isnt that true for all investments? The game of capitalism. All markets, including Bitcoin, are driven by the desire to make rich quick. Natural caution applies to big players, institutions. They're not playing yet, but thats institutional behaviour. They observe, wait, calculate. They're settlers, not pioneers. After mapping the terrain, they move in. Getting a Bitcoin ETF approved would change everything. It signifies maturity and legitimacy. So, saying Bitcoin isnt the top choice for investors in the financial sector right now is a snapshot of a moment in time. Its like saying businesses didnt like the internet in 1991. Bitcoin and blockchain are paradigm shifts. This is just the start. The canvas is blank, yet the potential is huge. Bitcoin's story is only beginning. |
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It seems hesitant and overprotective. Bitcoin is only 13 years old, but in tech, thats a lifetime. Digital assets like Bitcoin mature faster than traditional assets due to rapid technological and market changes. Its a prodigy entering adulthood waiting to shake up the status quo.
Many are distracted by gold and forex comparisons. Bitcoin is uniquely different. This is a technological revolution in decentralisation and blockchain technology, not just another financial instrument. Its unfair to compare its growth to centuries-old assets.
High price forecasts are sometimes unrealistic. But arent innovation and market disruption always disruptive? Big dreams drive big results. Despite constant scepticism, Bitcoin has always proven them wrong. Not simply price, but underlying worth and revolutionary potential. That should be prioritised.
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