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If you're all set in Trading, like you all have the knowledge you need, the only problem you're gonna have is being not contented in most of your trades, that is the reason of the profit loss in the long run. It's not bad to think about having a good profit, but it's bad to ignore the profit we have by the analysis we did, and reaching beyond that will only give you a profit loss, that's why being contented and self-discipline is needed, especially if you put high leverage on your trade.
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The market doesn't look great at all because of the bad news circulating all over the world and the recent was china banning mining bitcoin and financial payments using cryptocurrency, also Tesla announcing that they will no longer accept Bitcoin as a payment on purchasing their cars. About the indicators I used, its MACD, EMA (50), and RSI, that's all I use because I find it very simple yet effective to use. I'm also studying about FIBO to add in my indicators in trading because it's pretty interesting.
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Putting a stop loss sometimes are not working because of us making different decisions every time the price would nearly hit our stop loss because we are thinking that our stop loss would be gone to waste if it's been hit and the price of the market would go up instantly after it hits your stop loss price, that's why we always end up losing more because of greed on making more profits.
Sometimes losing a small trade is profitable than fighting the trend and insisting that it would pump up again if you're gonna resist what's happening.
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Almost same story that my uncle have. He has a friend that his partner in their automotive business, that's way back in early year 2000 which he entrusted their funds that cost $4,000 (that's already a big amount of money especially in the year 2000) to buy latest equipments for their shop. His partner saw a cockpit and has a derbi game on it, he bet all of the said amount and already made $8,000 profit but he never got satisfied and gambled it again the other day until he lost it all, that time, he lost his contact to his business partner that hid himself because he can't pay back the fund that he have lost in gambling.
I guess that's really the saddest part about gambling. If you don't control yourself in the process, you're really gonna end up in a very bad situation on where you'll get crazy and end up your own life. Gambling addiction is not easy to cure but it is curable of course.
his only mistake is he has a greedy strategy because he yolo[/b] or bet all what he win in the previous day. Same stuff. Losing in just one bet (all in) is not different on losing your money on many bets (small bets at a time), because if you're gonna lose, you're gonna lose no matter what. Also, that's the thrill of gambling, why bother making small bets and winning after every other bet if you could win one time big time, right? Maybe that person in the article doesn't want to waste his time figuring out if he could win or not, that's why he did All-In to test his luck. |
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True that not all would really be having the access due to country locations and not all of the places which does have correspond professional help or services something like this which means not all would really be catered out with this kind of help.Therefore the best thing to be done is to help out yourself first before asking out some help in others like your loved one or any other services out there that do cater out gambling addiction.This is a kind of problem on where someone cant easily get rid off. Pretty every country has their own intervention groups that will help them, I don't know what you are talking about not having access but I think that everyone has, it's just a matter of opportunity. Helping yourself is easy on paper but if you are in the denial stage, it will be difficult to do that. covid19 should have been a good help for them for it's not allowed to go out and casinos are closed. Some find their way to do it online, however. addiction could take a long time to be out of the system, it's like an old habit. but if another habit comes in, it will be replaced by another. this another habit should be programmed to be a good habit like raising chickens on the farm, fishing, trading cryptocurrency or porn.  I agree. However, people who are addicted in just one thing will be having a hard time to replace his bad habit with a good one because his mindset would always be that his addiction is the only one that's fun and entertaining for him when in fact, there's a lot of things that could entertain him in a good way where he wouldn't lose any money that doesn't benefit him at all. When this pandemic hits, I also thought about playing gambling but luckily I got influenced by YouTubers who do fishing as their hobby and I tried it, and guess what? it's pretty fun and good exercise for your body. It's expensive but you got a good time, fish, and good health. |
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Coins PH ang magandang option para sa kanila to accept crypto payments, dahil walang fee pag PHP to PHP. Unfortunately pag gamitin nila Coinpayments for buying their products and services, magbayad pa tayu ng transaction/gas fee on top po sa delivery charges.
Mas maganda nga sana kung i reconsider nila ang coins ph as their payment method. Isa pa, kung same lang din naman ang prize ng mga bigas nila sa market I assume mas convenient pa din na bumili sa malapit nalang considering the high fees + of course delivery charge pa. Anyway, naghahanap din ako ng feedback nito pero as of now wala din akong makita kung sino na ang nakasubok. Kaya rin siguro hindi ganun katunog yung business dahil masyadong maraming ibang options para mamili ng bigas instead online na gagastos ka pa ng shipping fee pero magandang option na rin ang pagtanggap nila ng cryptocurrency. Sa palagay ko, kailangan pa muna nilang palaguin ang business nila through business ads. Kahit kasi advantage ito sa mga cryptocurrency users, kung hindi rin naman ganun ka convenient ang pagorder ng product sa kanila, mababale wala rin yung bagong mode of payment nila. Ayan yung mahirap kabayan, kahit gaano pa sumikat yung business nila kung onti lang naman sa mga customers nila ang may cryptocurrency, balewala rin yung new payment option nila, kaya dapat talaga magkaroon muna ng massive cryptocurrency adoption sa pilipinas upang masuportahan ng maayos yung mga businesses na tumatanggap ng cryptocurrency as a payment. |
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Nakakatakot talaga kapag ang gagamitin mong wallet eh hindi ganun kaganda ang security, kaya dapat maging segurista palagi. Since pera ang usapan, kailangan dapat palaging secured ito sa wallet na gagamitin natin, safest is hardware wallet. Kadalasan ang mga nahahack rin ay mga exchangers, kaya wag rin dapat maglalagay ng malaking pera sa exchange account nyo para iwas sa ganitong problema.
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I also saw this post on Facebook yesterday, and this fight is exciting. Manny Pacquiao always stay fit for him to box anytime even though he said that he is going to retire at boxing soon. Like always, of course I will bet on Manny Pacquiao to win this fight, age doesn't matter, I mean it's Manny Pacquiao, come on. For sure if his opponents gets cocky and underestimate him, he will pay the price in the ring like what happened to Keith Turman.
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You didn't lose anything but the possible profits you have made if you sold it out when the price was still okay, however, it is your fault because you were aiming on much higher that didn't reach by the market this month, so probably you should hodl your cryptocurrency and wait if it going to have a comeback this month or next month. Don't do panic selling, chill your ass in your room and always be updated on what's going on with the coins you have.
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I don't think "gambler" is the right term to use if you'll buy the dip right now. Being an investor means you're putting your money on something else, like cryptocurrency for example that'll give you profits in the long run. But yeah, buying right now is a good thing because for sure Bitcoin price will pump again and those who bought in the dip will celebrate their decisions.
Buying Bitcoin is always a good option as a cryptocurrency starter, because you can just hold it while you're studying about it and make profits at the same time.
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Well, simula naman noong nahigitan ng Bitcoin ang dating ATH nito ay maraming nang naging mga FOMO na tao. Sila yung mga nagsisisi at hindi sila naginvest sa crypto noong mababa pa ang halaga nito. Hindi rin naman natin sila masisisi eh I mean talagang madugo naman na ang lakaran sa crypto noon pa man. Maraming naiscam at maraming naloloko pero marami ring nananalo sa kanilang mga investments. Ang pwede nalang natin gawin sa ngayon ay maging informative sa crypto. Lalo tayong magbasa at magsaliksik tungkol sa crypto para sa ganun hindi tayo makagawa ng mga maling desisyon pagdating sa investements ng crypto.
Tama yan kabayan, mostly talaga simula nung una pa lang nadadala na talaga ang mga tao kapag usaping pera na, lalo na kung malaki talaga ang kikitain. Sa biglaang paglipad ng Bitcoin from $20,000 to $60,000 napakaraming tao ang namangha at nagsimula na rin mag-invest dito, ngunit marami pa rin ang nalugi kasi nga sa tuwing magbabago ang presyo nito sa market, nagbaback out agad sila kasi baka daw mawala lalo yung pera nila. |
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People who bought Bitcoin at $50,000 for example doesn't lose anything when Bitcoin went down to $40,000, they still have 1 Bitcoin, so technically they just have to wait for the price to went up more than $50,000 to make profits, patient is the key. But, if you have extra fund, buying again in the dip wouldn't be a bad move, and will give you more profits in the long run.
People who bought at $40,000 in the recent dip means they have more patient or just accidentally entered cryptocurrency world at the dip and got lucky because they bought Bitcoin at a cheaper price, that's all to that.
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People that got involved the the pump and dump doesn't have any full control on cryptocurrency to remove it just like what you were thinking. Cryptocurrency is independent, like it's alive without anyone's control. However, it's price is volatile and could be manipulated somehow, that's why it's price went down to $40,000 because of Elon, but that doesn't mean he could kill it.
They could ban it, spread rumors about it, bad-mouth it, but Bitcoin will still dominate everything on it's path, especially fiat.
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Responsible gambling I think means that we must only gamble what we have spare and aren't too worried of losing it. People spend money on movies don't regret watching it right? Similarly people gambling should not regret losing it.
Spending on watching movies is a perfect comparison, imo, I'm using it too. Take the ticket price. This is exactly what one can easily afford to lose in a week/month of gambling, depending on how often they buy movie tickets. For some people(and I was one of them many times) even once per month is too expensive. Such people to be responsible gamblers should spend on gambling accordingly: less than $10 per month. It's funny how we compared gambling on watching movie, I mean the money we spend on watching movie is not a "spare" one, because we intentionally saved it just to watch the movie we wanted, and that's what we called "leisure" or "wants" in other terms, while playing gambling is also a "want" but I just disagree that it's like watching movie, well I guess it depends on a person. Nonetheless, it is true that we must only use spare money in gambling to keep ourselves out of addiction and problem in the future. |
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Why would it affect you though? You are just a player and most anti-gambling campaigns are targeted mostly on the gambling businesses that profits out of the "irresponsible" gamblers that you are saying. The taxes that the gambling industry is heavily written off so I don't think that we are going to be happy about that too.
Even if he's just a player it could still potentially affect him because just like what OP said the media focuses on the losers and it's only going to encourage the government to do something about it. While that's true the government are making money off gambling they will still look for ways to limit gambling when possible. Iirc Australia has one of the biggest average loss per gambler and they're starting to curb gambling by making it illegal. Furthermore anti-gambling campaigns turn the common opinion of the society against gamblers. People start seeing them in a wrong way, as all gamblers were sick, irresponsible, mentally ill or unstable, because that is the portrait of gamblers exhibited in propagandas, movies, soap operas, news... When we see negative representations of gamblers' behavior on those campaigns, we never see an attached disclosure message pointing out that only a small percentage of total gamblers are actually problem gamblers. They represent the situation luring the public to believe every gamblers are addicted and impulsive individuals. So it's accurate to suppose gamblers feel offended by such campaigns. Anti-gambling campaign I guess works only on gambling platforms and casinos that has no business permit that's consider as illegal, and mostly people are addicted to those illegal gambling because they can't afford to play in a casino, so in short, gambling addiction is really hard to prevent since people will always find a way to gamble secretly. Besides, it's their choices to play gambling, however, their logic seems not working because after they lost their money in gambling, they will ask help to their local Government for food, how ironic. |
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Failing in Trading is normal, failing means you're trying, and not failing means that you're not trying. If you failed, just keep on trading, but learn from your mistakes. Study on where you went wrong, for example is on how to analyze the market or how much leverage you should put to cope up with your losses or to avoid big losses in the long run.
In order to be a successful trader, you should not stop learning, watching YouTube tutorials or reading books would help.
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This might not be the right board for this...
Suppose I place a sell order for 1 btc at $45k on your favourite exchange. Next, I place a buy order for 2 btc at 46k, will the exchange execute the trade?
This scenario feels pretty weird to me, I don't think it makes sense for the exchange to forbid the sell order from being submitted, but I also don't think it makes sense for it to execute the trade. What is the expected behaviour here?
That's impossible unless you have plenty of Bitcoin in your exchange account, because if you don't, you could only do one trade which is to sell your 1 Bitcoin in the price that you want, because you can't buy 1 Bitcoin if you don't have enough balance on your account, if you know what I mean. In order to buy 1 Bitcoin for let's say $40,000 you need $40,000+ at least in your account including the trading fee, and to sell your 1 Bitcoin at the same time at a certain price, you need another Bitcoin because you're making another trade at the same time. |
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It's never too late. This is the biggest misconception that comes to mind for those who want to invest in bitcoin. If you want to enter Bitcoin for a long time, then you will be a plus anyway. And if you need profit in a month, quarter, six months, then perhaps you can lose. But this usually worries those who buy bitcoins or miners on credit or with their last money.
So, define for yourself the minimum threshold for the timing of the investment. In the long term, you will always be in the black, as bitcoin has always been growing historically.
I definitely agree to this. As long as the crypto market is still running, it is never too late on investing on cryptocurrency, buying the dip is also a good thing. The only moment for us to call it too late is when the cryptocurrency is already devalued because something better replaced it already. Keep in mind also that investment is all about risk, if you make profits, then that's good, and if not, that's also a good thing because you learn something. Instead of doubting Bitcoin, just invest your money on it already because the market won't wait on you. |
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Almost same story that my uncle have. He has a friend that his partner in their automotive business, that's way back in early year 2000 which he entrusted their funds that cost $4,000 (that's already a big amount of money especially in the year 2000) to buy latest equipments for their shop. His partner saw a cockpit and has a derbi game on it, he bet all of the said amount and already made $8,000 profit but he never got satisfied and gambled it again the other day until he lost it all, that time, he lost his contact to his business partner that hid himself because he can't pay back the fund that he have lost in gambling.
I guess that's really the saddest part about gambling. If you don't control yourself in the process, you're really gonna end up in a very bad situation on where you'll get crazy and end up your own life. Gambling addiction is not easy to cure but it is curable of course.
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I think it's not only Covid 19 that is driving online gambling to become more and more popular... Online gambling is increasingly popular because it really makes it easier for us, we can do anything and be anywhere while gambling only with a smartphone or laptop. online gambling will continue to grow. I disagree. COVID-19 is the one who boost it up, because people have no choice but to stay at home to obey health protocols and to make sure they are safe from the virus, that is why they adapted online gambling, for example is Online Sabong here in our country where they would conduct s live cock fighting and people will put bet on whichever cock they like. Mode of payment is via GCASH (an online wallet) if I'm not mistaken. |
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