Bitcoin Forum
July 15, 2024, 11:46:41 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 [17] 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 ... 697 »
321  Economy / Gambling discussion / Re: What is gambling to you, a fanfare or potential financial havoc? on: April 16, 2024, 08:00:13 AM
Gambling could be both a trap and for fun the only downside is that we fall for it seriously and that is where greed come in that might also lead us being broke. One thing is that we keep on doing this over and over again in the hope of winning huge amount of money which for me drives away the essense of playing it just for fun.
Gambling has become a trap for people who come to gambling for fun. They continue to gamble without stopping and do not realize that gambling is just entertainment. They think they can make money from gambling when they could lose all their money without realizing it.

Greed will arise when they can win some money. And instead of stopping gambling, they continue gambling because they continue to hope to win. They will not always be able to win because gambling is not a place to make money.

They had better realize this immediately because otherwise, they would lose even more money. They will also find it difficult to recover their losses so there is no way for them to make money. Even though some people can win a lot of money, that doesn't guarantee that other people can also make money.
322  Economy / Trading Discussion / Re: Trading is not a lifetime job. on: April 16, 2024, 03:34:34 AM
Professional traders are characterized by one thing in particular: They are good at entertaining people.

If you follow professional traders like Tone Vays or Brian Beamish, what they have in common is that they pass on their knowledge in the form of courses and thus probably earn x times what they could ever have earned through trading.

One thing must not be forgotten: even professional traders are wrong in around 48-49% of their trades and lose money. The 1-2% difference in successful trades is where they make their money.
No trader can always make a profit. They must have made mistakes, which requires them to keep learning. That difference makes them professional traders that other traders cannot do.

Professional traders do provide courses to people who want to learn. But these people don't need to learn trading from these traders because they can find lessons about trading on the internet. In addition, enrolling in the course requires a lot of money, so they should use the money to practice the skills they have learned.

By learning from other trading sources, they can improve their trading abilities. They also have to practice the lessons they learn because that's where they can improve their trading skills.

On the time that you would really be that doing trading for a while and able to survive those ups and downs in the market then it would really be that impossible that you cant really be able to notice out something
on which it would really be just that pertaining about market movements. It might be that stressful at first but on the time that you are getting used to it then you wont really be finding it to be stressful.
It is really just that part of trading on where it would really be able to have that mixed of emotions on which you would really be ending up on having those kind of unnecessary actions or decisions to be made on.
Trading and making it as a lifetime job? You would really be needing up the skills for you to be able to sustain yourself into this unpredictable space.

One of the things that you would really be needing up to consider is that this market is moving on a random way, technical and fundamentals doesnt work anytime or simply 100%.
You would really be that needing to make out adjustments basing up into your own approach and analysis.
That is why if someone wants to make trading their life's work, they must continuously study trading. It's difficult because the market will continue to change, making them never stop learning. But the results will be worth it because they can follow trading movements well.

They can make profits even though the market situation is not good because they can still analyze coins that move up and down. Even though the market moves randomly, they can still follow it because they can analyze it. They can also manage the stress of trading because they have learned stress management well.

It's not easy to become a professional trader, but that doesn't stop them from learning. Especially if they make trading their job, they know the risks, can accept them and divide their time well.
323  Economy / Trading Discussion / Re: A trader lost over $1 Million + on Binance Feature trading on: April 15, 2024, 03:47:32 PM
He had been too bold by using all his money to trade futures. He might use Cross mode instead of Isolated because in Cross mode, all his money would be used for trading.

This is a very valuable lesson for all of us. We must allocate an amount of money that we can afford for trading. By allocating funds, we can avoid large losses like what he experienced. We don't need to use all the money to trade, especially if we are not very good at trading.

The risks in future trading are very large, so people must be able to manage their funds. Don't be greedy in chasing victory, especially if market conditions are unstable.
324  Economy / Trading Discussion / Re: Trading is not a lifetime job. on: April 15, 2024, 02:09:06 PM
If old traders can manage their trading time well, they will not experience mental health problems. They can divide their time well between trading and other activities so that everything runs smoothly. Crypto trading can be done anytime because the most important thing is that we analyze it first before starting to trade.

If a person cannot learn more about trading, it will not take long for him to feel discomfort in trading. He will quickly give up on analyzing the market because he doesn't know how to start analyzing the market. Everything will return to each trader on how they can continue improving their trading abilities.

Professional traders really know what they have to do in trading. They will try to avoid fraud that has happened to other traders. That's why we have to keep learning to improve our trading skills.
325  Economy / Gambling / Re: What are your expectations for Casino coins in this coming bull run? on: April 15, 2024, 11:17:50 AM
You are expecting way too much since casino tokens don't usually provide great profits in the long-term unlike memecoins(Doge, Shiba, Pepe etc) which is why you should temper your expectations.

Sell them and reduce your losses asap if you aren't willing to lose your money since it's a risky endeavour. Just my 2 cents!
That's okay because at least I invested money I could afford in those casino tokens. I only see that the three tokens still have a chance to increase. Casino tokens are different from meme coins, and I have them too.

I have a hope but I know that hope does not always provide benefits, and I can accept that. Nowadays, it is very difficult to know which coins or tokens will increase. We can only try to invest in coins or tokens that we think will increase.

That's why we have to research before buying it. Yes, I agree with your suggestion to sell and cut your losses. And I'm still waiting for the next high price because the bull run or altcoin season will start.

Yeah, there are sure alot of other casino tokens I did not mention, so, me not mentioning them does not mean they don't exist, they do, but then, token from Rollbit, Freebitco and Betfury seems to me to be the most popular at the moment.
For example, there is one also that used to be very popular as well, both the casino and the token were actually in competition with each other which would reign supreme, and to the casino is Owl.games, with the token as OWL token, owl token competed side by side with BFG from Betfury, but unfortunately, this casino fell by the way side, and their token also fell too, owl is currently trading on pancakeswap only, as I believe all the exchanges that listed it previously have delist it due to low interest in the token from investors, as well as traders.

There are many others like that as well, but as for today, we can agree that
Fun, RLB and BFG are the most popular when it comes to casino tokens, and if you ask me, I would say that, RLB seem like the one that will first enter the top 100 in marketcap in this coming bull run, but still good to hold the three though.
That's why I'm still holding those three casino tokens because I think they can increase again. Even though it still takes time, it's okay for me to endure it. Besides, I also didn't use a lot of money to invest in those three tokens and only with the money I could afford.

These three tokens still provide hope for investors. Moreover, investors are still staking to increase the number of tokens, so they still benefit from staking the token.

Investors can increase the number of tokens by staking while waiting for the price to increase. The market will experience a bull run, and that's when we will see which casino tokens rise.
326  Economy / Gambling discussion / Re: Which one is fun, watching with bet or without a bet? on: April 15, 2024, 09:12:56 AM
I actually prefer not to bet on my favorite team if I find an opponent that I think is difficult for them to win, that's why don't, because we have our favorite team, force ourselves to bet with big money even though the opponent is quite complicated, as long as we bet with money that we are ready to lose, don't it will be a problem because it won't be detrimental if you end up losing, the point is the fun of betting and watching with friends while enjoying drinking alcohol and so on. usually that is more important than winning the bet.

Unless we are betting for ourselves and watching alone, we will probably think more about losing when we lose the bet, so it will be fun if we watch together, even though we are betting or not, we will definitely have fun when we are with friends, depending on the situation, but what you say is also true. that gambling must be in accordance with the budget, limit it big and small so that at least the money is ready to be lost, not just won, because all gambling bets definitely have risks compared to the benefits and I'm sure everyone knows about that.
It is our choice so we know which one we will choose. If we don't bet on a favorite team, especially if the opponent is difficult to beat, we can just watch it or do something else. We also don't need to force ourselves to place bets so that we can manage the money we prepare for gambling.

Maybe we can enjoy the game with friends but well, it will depend on how we should behave. But watching our favorite team's match with friends or family will be fun even if we don't place a bet. I often experience that with friends and family and don't think about placing a bet on my favorite team.

But other times, if I feel like I want to place a bet, I will do so straight away. Of course, after doing research about the team you are going to bet on, especially if it is my favorite team and I want to place a bet on them.
327  Economy / Gambling discussion / Re: Never gamble in front of your kids. on: April 15, 2024, 07:52:16 AM
I don’t think just talking about gambling in front of minors would motivate them to take a liking to gambling and start right away. If even, they understand what is being said, I doubt they’ll be motivated to go into gambling just from what someone says.
Gambling isn’t necessarily for the rich people and it’s entertainment for all and not just for the rich. Instead of shying away from the topic, I would think it’s best to be open and clear with minors, telling them what they need to know and understand before they get to the age of being influenced into doing what they should not be doing.
Maybe they won't be motivated but if they talk about gambling among their peers, there's a chance they'll get interested and try it. As adults, we should avoid discussing gambling in front of children. Let them grow and develop like other children without knowing about gambling.

If later they find out about gambling from their friends, we can tell them that gambling can have bad consequences for their lives. However, in their social interactions, they may learn about gambling. It is our job as parents to guide him not to get involved in gambling.

We can just be open with them about gambling. We can also give them real examples of people familiar with gambling and its effects on them. This is so they can know what will happen to them if they get to know gambling and play gambling so they can avoid it.
328  Economy / Gambling discussion / Re: Which one is fun, watching with bet or without a bet? on: April 14, 2024, 04:13:21 PM
If you ask my personal open your on this I would like to say that watching sports and then betting is more enjoyable. But it can very to people to people. But genuinely if you take bets on multiple games or matches then it is really take to manage time for doing placement of a bets. Generally I watch those sports or those matches where my favourite teams are playing. But in the regular basis I took bets without watching just compared those teams before palacement off my odds on bets.
Placing a bet on the match that we are watching will certainly be very interesting and also make our hearts race more when the opponent attacks the team we placed the bet on and I think if we place several bets it will be very difficult to watch the match we placed the bet on and everyone who watches their favorite team's match they don't necessarily choose to bet on unless they see that the opponent of their favorite team is weak and they are very sure they will be able to win the bet they are playing, placing some of course makes us only monitor the percentage of team matches we place bets on and only look at the results from the match we played.
But before we place a bet, we have to make sure that we choose a team with a chance of winning. We hope that by watching the match, we can see that we have chosen the right team, which can give us victory after the match is over.

Yes, we usually place a bet on our favorite team because we want to see it win. But we have to ensure that our favorite team can win or lose against the opposing team. Sometimes, there is a surprise factor in a match that causes our team to lose.

But whatever it is, we should be wise in choosing it. And if we want to place a bet on any team, we must be able to set the betting amount. Don't bet more than the amount of money you can afford.
329  Economy / Gambling / Re: What are your expectations for Casino coins in this coming bull run? on: April 14, 2024, 11:23:56 AM
I invested in all three casino tokens. I don't know which token can rise high during the next bull run. But I hope all three can rise high and provide high profits.

I'm not very familiar with other casino tokens, although I know there are other ones. However, I'm not really interested in investing in those casino tokens. These three tokens are enough for me to wait for the next bull run.

Hopefully, the three tokens can increase alternately to increase my profits. I think the three tokens can compete to reach a good position.
330  Economy / Trading Discussion / Re: Does trading belongs to everyone? on: April 14, 2024, 09:20:23 AM
Trading needs some important things like it needs knowledge, experience, money, patience, and selection of ideal coins. Everyone can become trader but a successful traders are few because you have to spend years for learning about trading and to become an expert.

Traders have pressure to decide about selling because he select short term coins which rapidly go up and down so a knowledge less person can take entery in trading but success for him will be very difficult if he does not have any experience.
That's why not many people can become pro traders. They have to learn a lot before becoming traders, which requires a process. That makes many people not want to take the time to learn about trading.

Those with trading skills can determine when to trade, find the right coins that can provide profits, and trade Bitcoin if they feel they can make bigger profits from it.

If a trader cannot decide when to start trading, determine when to buy and sell, and simply follow signals from others, he may have difficulty making a profit. So everything should start with learning to trade, and the more he can learn to trade, the greater his chances of making a profit will be.

It is technically true that anyone can become a trader, but the reality is that the evidence shows the majority of those that try fail, now there are many reasons for this, with the most common being that the majority of those that try to trade, make no legitimate effort to learn how to trade at all, but even then this proves they did not had the necessary skills to become traders, as if you are not willing to improve yourself and your strategy every single day then you might as well give up on becoming a trader.
Traders who try to trade without skills will find it difficult to make a profit. This is what traders most often encounter, especially if they only rely on signals from other people. They should try to learn a lot about trading to trade well.

Many people still wait for signals from other people because they don't want to learn, which causes them to miss the opportunity to make a profit. If they are not willing to learn trading, they will not be able to become traders, and it will be difficult to make a profit.
331  Other / Off-topic / Re: Can you be bold enough To introduce your gambling Mate To your spouse on: April 14, 2024, 07:55:38 AM
If I were him, I wouldn't introduce my gambling friends to my wife. I would prefer to keep it hidden from my wife. Even though my wife can accept my gambling activities, that doesn't mean I have to introduce my gambling friends.

I do not tell other people about my gambling activities, including my gambling friends. I don't have many gambling friends because I hide my gambling activities. Telling our gambling friends to our wife or husband means we have to choose friends who we can introduce to our wife or husband.

And we should not introduce them to the public. That can trigger other people to think badly of us.
332  Economy / Gambling discussion / Re: A gambler lost what he couldn't afford to lost and broke his TV after game Lost on: April 13, 2024, 05:16:55 PM
This is the way those who are risking what they can't afford to lose think and behave, but this must stop to avoid persistent issues for them. We should endeavour to gamble what we can afford to lose, manage our psychology in gambling and also have good management towards the portfolio. But it is sad that many people know all these but will still go ahead to gamble by overlooking all the warnings. This can only happen because of stupidity and nothing else.
Those who have done things like that should be able to realize their mistakes. However, they must change the bad things that have happened so that they will not experience them again in the future. Otherwise, they will only make the situation worse and there may be even worse things in the future.

Yes, I agree that we should risk what we can afford to lose. That will prevent us from experiencing excessive losses that we cannot bear. You don't need to play gambling too often and hard because that will cause you to lose.

We must realize that we have made a mistake and will not repeat it. We don't need to act stupidly like that anymore by always trying to control ourselves when gambling.
333  Economy / Gambling discussion / Re: Double your money and quite on: April 13, 2024, 03:15:41 PM
Double your money in casino when losing can lead you to spend huge amount of money that will empty your account because it will be doing you like you will win when you Play again, that will make you to continue playing until you empty your money at the moment.

 Even when am winning in the casino, i will not double my money because anything can happen that will make me to spend the remaining money to bet again because I have seen some gamblers in that manner, after winning and they will continue playing until they begin to lose.

Using that method of fun to gambl, is a good method that will not allow you to feel bad in your gambling because your gambling is for fun either you win or lose you will not feel bad than to be happy that you have the money to gamble.
That's true because there is no guarantee that we can double our money in gambling games. We can only try to enjoy the gambling game without having a big chance to double our money. We will actually experience bigger losses if we cannot control ourselves in gambling games.

If we can win from gambling games, we should immediately stop ourselves before we experience a losing streak. There is no guarantee that we can win again after winning. So we should be wise in responding to it so that we don't experience too many losses.

We must realize that gambling games are only for enjoying free time. We don't need to use a lot of money to gamble so we can avoid losing a lot. Apart from that, we have to control ourselves while gambling so we can prevent bigger problems.
334  Economy / Gambling discussion / Re: Going all in and losing the bet on: April 13, 2024, 01:31:52 PM
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.
High expectation to win push you to question if it's provably fair just because you go all in and lose. That's not unusual for gamblers to think that way everytime we're in unfortunate situation. However keep in mind the risk when you started to use your money to bet.

You can never be certain, the reason why we should not expect to win because losing is inevitable even in a point that you're confident with the possible result that's why you go all in.
Gamblers will always have high hopes of winning. They gamble and want to win but they don't realize that they can't always win. The casino will be the winner.

When we lose, we will definitely blame the casino and cannot accept the loss and that is normal. But if we can think clearly, we shouldn't blame the casino because that is a risk in gambling. We will experience more and more losses, especially if we go all-in.

That's why when playing gambling, we have to be able to position ourselves well so that we don't experience a lot of losses. We have to control how much money we use. When we can do that, we won't experience as many losses.
335  Economy / Speculation / Re: Buy the DIP, and HODL! on: April 13, 2024, 10:10:59 AM
Have you bought Bitcoin during the current correction? Or are you still waiting for an even lower price? If you haven't decided yet, don't forget to prepare your money to be able to buy Bitcoin again before the halving or after the halving.

This would be another opportunity to buy Bitcoin at a low price of under $70k. We don't know whether the price will fall further. The important thing is to always be prepared and not forget to activate the alarm so we know when to buy it.

For those who do DCA, you can continue because the price has dropped to $67k this time. We don't know how deep the price drop will be this time. Stay enthusiastic about continuing your investment and allocate your money well.
336  Economy / Trading Discussion / Re: Does trading belongs to everyone? on: April 13, 2024, 05:15:16 AM
You just identified some bottlenecks and those stuff make it easy to come to terms that trading isn't for everybody. Whatever has a restriction means there's a reason for that and that's why the restrictions exist. It's not that there exists intentional and tangible restrictions per se but these are things that have proved difficult for everyone to get on boarded. That's what happens with trading. Not everyone has that patience to wait through the period of skill acquisition. Conclusively, from the prism I see it, and as a trader myself, I've come to the irrefutable conclusion that trading isn't for everyone.
To become a trader requires many things that not everyone can do. But if it's just for buying and selling, everyone can do it, so that's why I say trading is for everyone, but with a note like I said.

Many people think that trading is easy, but they don't know that many things need to be prepared before they can start trading. That is why not many people can trade well and make profits. They can't and don't want to learn more about trading so they can't make a profit.

Those of us who are used to trading also need to learn more. The market changes constantly, and more knowledge is required to analyze it well.

Trading is not limited to certain individuals who have high knowledge and skills, as it can be for everyone who is interested to trade as long as each trader will be patient enough to learn the process. After constant exposure and experience in the market, eventually they will come to evaluate theirselves if they can still be reliable and confident in trading or they’ll just settle with the less risky which is buying and hodling.

While trading enables traders to gain significant profits, hodling as well is also capable of making it. However, it greatly depends on the coins you are hodling. But as long as it’s bitcoin, you know your long term investment will be much safer and more profitable compared to altcoins or shitcoins.
Anyone can trade, but they have to learn first before they can start trading. Not everyone wants to take the time to learn and most people only want results in a short time. Meanwhile, trading will not always provide results or profits in a short time.

They should also be aware of the risks in trading because they will not always be able to make a profit. If they are willing to learn more about trading and practice it, they can definitely make a profit. Holding can also provide profits, but it requires patience.

We already know that Bitcoin is the best investment we have known so far. People who are familiar with Bitcoin will choose Bitcoin because they already know and can benefit from Bitcoin.
337  Bitcoin / Bitcoin Discussion / Re: Hodling or selling? on: April 12, 2024, 04:17:35 PM
It would be better for them to keep their Bitcoin for now and wait for the next high price increase. The highest increase in Bitcoin that has occurred is only the beginning because the price of Bitcoin will still increase even higher. If people who bought Bitcoin at $20k had sold all their Bitcoin at $60k-$70k yesterday, maybe they would regret it because the price of Bitcoin could still rise again.

But it all depends on how they plan and what they want to do with their Bitcoin. Maybe they want to take advantage of it after waiting so long, and they can't afford to wait any longer. And they finally sell their Bitcoin when the price reaches $60k-$70k.

That is each person's wish. However, there are still people who continue to hold their Bitcoins because they believe the price of Bitcoin can rise very high. This is just the beginning, and we will see how high the price of Bitcoin is.
338  Economy / Gambling discussion / Re: Where is the fun when you lose your money? on: April 12, 2024, 11:16:46 AM
For me, it's quite difficult to feel happy about losing money. However, there are also some cases where I feel happy losing money, which is when I gamble with my family and friends with small amounts of money, which has more entertainment elements than win or lose. And the second case where I feel worthy and happy about the money I lost is when I receive some valuable experience from my losing game. I see it as money to gain experience, as tuition Grin.

Besides, there are cases where a player loses a large amount of money due to gambling, and it greatly affects their family, forcing them to realize whether their gambling has been right or wrong. From there, they will be enlightened and take more correct actions, giving up your gambling addiction. This may be an unexpected joy, but once you have experienced it, you will truly be happy with those experiences, because without the loss, it will be impossible to awaken.
Feeling happy when we lose in a gambling game is quite difficult. But we should also be able to understand that this is a risk in gambling. We will not take risks by using more money when we understand it.

We will only use small and sufficient money to play gambling. That's because we know that if we use a lot of money, we can lose a lot of money. For this reason, we try to reduce the number of losses so that we can still enjoy the gambling game.

If we decide to gamble with a lot of money, we must understand that losing all the money will make us sad. We will also find it difficult to recover these losses, so we have to be really careful in using the money.
339  Economy / Trading Discussion / Re: Does trading belongs to everyone? on: April 12, 2024, 09:30:46 AM
Trading is for everyone, but they have to learn trading first. It is not easy to have good trading skills because it requires a process.

Finding coins that can generate profits is difficult, and not many people can do it. But if they have analytical skills in trading, they can find the right coin. Most people rely on other people to buy their coins, making it difficult for them to make a profit.

When trading, they must also be able to find a trusted exchange so that they do not experience fraud. If you want to buy coins from other traders or P2P traders, you have to make sure the trader is trustworthy. Everything must be confirmed first to avoid fraud and also make a profit.
340  Economy / Gambling discussion / Re: Is Gambling A Hobby? on: April 12, 2024, 05:41:14 AM
It's okay if @OP says gambling is a hobby for him. Each must have its own definition of gambling. Maybe some will say that gambling is like other activities that we often do.

That's not a problem because if we use gambling as a fun activity, we shouldn't gamble excessively. We will know how to treat gambling well and not use too much money.

I use gambling as a leisure activity but gambling is not a hobby. A hobby is something we do often, whereas I don't use gambling very often and only in my free time.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 [17] 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 ... 697 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!