sometimes taking risk depends on your level of conviction, i feel thats why these people can go this extra mile and do the seemingly impossible. its not a must to start from their level, you can start little and grow your holding but never invest what you cant afford to lose most especially because you might not be able to wait enough for recovery or profit if worst scenarios happens.
What the family did was really very risky and is unacceptable because if things happen not from what they are expecting, they will experience the worst scenarios and might end up see them living in the streets. But i don't think they will take the risk without having a good opportunity to invest. Its clear that they are putting their big faith in bitcoin and really hopeful that after long term of holding, all their hardworks will paid off. And yes, it did really happen. They were able to end up finding huge profits. Faith and determination really matters as long as you know you are on the right investment, even if that decision was totally a big mistake from the eyes of other investors. |
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meme coin will only come and go. once the hype is over the coin will die eventually. For me those kind of coin are similar to a hyip program. I will never ever trust my money to invest to shit coin
You're right, meme coins will come and go But this shouldn't prevent us from making money from meme coins because even if it's just a meme but sometimes it's enough to make the price skyrocket and Investing in these coins can be a fun part of the cryptocurrency Just like what happen to DOGE, meme coins are high-risk coins, but if you understand the risk of investing it, that means you know how to play and you are willing to play, just consider it as gambling, you win some you lose some but if it will skyrocket like DOGE, you'll never regret if you get in early. |
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This statement is a two edged sword in my opinion.
The greedy may be considered to be the buys that are high risk takers and would want to go all the way. If someone bought crypto like bitcoin at 5 dollars and when price rose to $5000 they did not sale we label them greedy because they didn't take their profits but holding for over 10 years and price is at $48000 would be a better reward for not taking his or her profits early. I guess the greedy would be laughing all the way to the bank after this.
Sometimes your greed will lead you to more success as you become more risk-taker, but most of the time it will lead to disaster. Greediness is just part of us already, we are human and we would also seek our ultimate happiness which is money, and that is our main goal on why we are still investing. It's just necessary to be educated, as greedy rich people are successful than poor greedy people. |
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Safemoon is mostly traded on decentralized exchanges and it has very low volume. It's market cap is not an accurate reflection of it's value. I can see why they would exclude it from the top 200. Market cap can be a misleading statistic so I've never really paid attention to any coin's ranking.
Although we get a lot of benefits from coinmarketcap but we must be careful and vigilant because the fact that I often get is when I want to sell coins or tokens based on references on the coinmarket it is often different. Because coinmarketcap is very popular of course get offers from coins or tokens that want to look promising. By looking at the CMC alone, you can't tell if such coin is really promising, you have to dig more, make some research using different sources so you will see the real potential of the project. CMM just lists the coins and their references, it doesn't tell you to invest in a certain coin, except for those they advertise. |
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Rising inflation is not a new concern for the economies but growth in prices at alarming rate and others or moving towards hyperinflation situation is matter of concern which needs to be taken care of but no what the government are busy doing is just printing more and more notes or say printing more fiat making it worthless which can be compared to piece of papers only.The developed countries are also facing such issues even though it's less compared to underdeveloped or developing countries like in US or any but now this time UK is witnessing inflation peak in food prices with growth in one month only UK inflation made its biggest jump on record in August, adding to pressure on households as the government ramps up taxes on workers and prepares to cut universal credit benefits from next month.
The Office for National Statistics (ONS) said the consumer prices index measure of annual inflation rose to 3.2% in August, up from 2% in July, to hit the highest rate since March 2012.
The 1.2 percentage point increase between July and August was the largest since records began in January 1997
Moreover the government has ramped up the taxes and cut the social benefits also.Who is gonna face all these situations in bad way? The middle class who have trusted the banking system and government but they failed to manage such situations.This is just a step towards devaluation of your fiat and you will be worth zero near future. UK inflation risingSo what is best for you? Bitcoin can safeguard you from all these things and provide you deflationary future ahead and you don't have to worry about all these things.Have your bitcoin stacked with you ASAP. But this rate of inflation is manageable and we no need to compare 1.2% increase with hyperinflation while it will definitely affect the middle class so people have to compromise their savings part to compensate the inflation rate for a while, if they are someone who lives from paycheck to paycheck then they will be run out of cash.  There's no way we can manage a high inflation rate if the price of basic commodities keeps on rising. Before we knew it, their country's economy has already started falling. Good thing bitcoin is here as a good reserve which will definitely stop the fast high inflation rate. This might be the same reason with El Salvador why they started using bitcoin as a legal tender. Not just to stop the high inflation rate, but more on increasing individual's economy with the good opportunities that bitcoin may bring. So if you are residing in UK, things might get worse particularly with middle class but there's always a good option just waiting in the corner. |
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The idea that scammers earn money with bitcoin is just utter hogwash. Criminals will find ways to scam using any means of value they can.
The reason you’re hearing about scammers using bitcoin now is just a testament to how many people are waking up to the value of Bitcoin rising in popularity.
This is very true. Scammers will always find ways to deceive people and will use what is known to be perceived of value or the interest of the public at present, in this case, Bitcoin. Bitcoin is just a tool and bait scammers used to let people fall into their traps. Nonetheless, it is simply ponzi scheme. Scamming has been so rampant these days as there are more newbies enter into the market day by day. Because i believe no one would try to scam unless they see opportunities to scam. Newbies fall mostly as victims because their knowledge is not enough and they easily believe that bitcoin can make you instantly rich even without the efforts to take. So that is why bitcoin has been used mostly as a tool in scamming people. And scammers will even use some big companies' names so that scamming will become more likely legit and reliable from the eyes of the victims. |
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Everyone is greedy IMO, we will never be satisfied, we always seek more money and we don't stop chasing the opportunities to make more.
However, there are people who are greedy and stupid at the same time, they are most likely the losers in this game, so greediness should not be the cause, it's the lack of strategy and ignorance of the crypto market, that is the culprit.
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I sold some coins couple of months ago considering it was end of bull run. But it made me regret. I feel like cryptomarkets are still in bull run as we keep seeing quick raises and soft corrections. Last big correction was dangerous although we are safe now.
There nothing to be sorry for, at that time you have made the right decision according to market condition, even then you assumed the bull run was over, so before the correction you immediately sell some of the coin you hold to secure the profit you have earned. After you sell some coins in your wallet, market conditions continue to improve so you regret and think you have made a big mistake. If the opposite happens after you make a sale, the coin that you hold continues to experience correction, Surely you feel the luckiest person in the world because you have made the right decision. People concentrate too much on what it could have been and not in what they have in front of them, if they made a trade and they earned money and they are ahead of the profits given naturally by the market to those that just hold then they are ahead of the game, there is no reason to get worried about the fact that sometimes you are going to sell earlier than expected, that is natural and all traders need to get used to it as it is impossible to time the top or the bottom perfectly every single time. You gotta learn, this is normal in trading, sometimes you make a bad decision so you need to improve your strategy. Everyday there's an earning opportunity as the market never sleeps, so if you just continue to learn and improve, there's a possibility that in the long run you will become more consistent and you'll end up profitable in investing. Knowing the market behavior is very important, and you'll know it more if you have more experience. |
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so maybe, he has this trash talking strategy to sell his fight but he is indeed a good person outside the ring.
He is good at his style, so he is keeping it as he is successful with it, it's also fun to see a fight where one trash talk a lot, which gives more excitement for the fans. Inoue is already known to be a great boxer with a big potential to become a superstar, it's a good thing he accepted the challenge of Casimero and that's what we should see this year, hopefully. |
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Panic occurs there are several reasons in crypto especially for beginners when there is a big correction occurs then all coins will be sold, I think they are not wrong, only circumstances that make us panic unconsciously we warn others without us realizing we are caught in a red line in the market, panic that has happened is a lesson for us not to lose money in crypto.
Newbies are vulnerable to that, it usually happens during the bull season as they love to jump in the market despite the timing is very bullish, so when there's a correction, they usually get easily affected. When newbies thinks like newbies, they seem to make a decision based on their emotion, and that is not wrong, the result will be, either they'll lose their interest or they'll learn from their mistakes. |
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Some gamblers are really telling their winning moments to others, whereas, they wanted to forget their losing streaks.
I guess most of that is doing that, we tend to forget our losses and we celebrate a lot on our winnings, typical gamblers, right? My friends are actually addicted to cock fighting and though they win most of the time, they were still not able to save money because every time they win, they spend the money for liquor to celebrate the win, they don't treat gambling as a business, so they'll never be profitable. What's important in gambling is we enjoy what we are doing, and we have to be at the right age to make a mature decision. So minors should say away and we should not influence them. |
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Sultan is under the MP promotion now and he will fight an undefeated fighter who has a 100% KO rate.
What do you think his chances against the Puerto Rican in this fight?
Looks like Sultan is being used as a stepping stone for some upcoming boxing sensation. I'm inclined that Sultan will lose this one but it would not be a knockout win for Caraballo because the latter will is a tough nut to crack and he got the advantage on fighting some current champions like Jerwin Ancajas and Casimero, in fact, he won against Johnriel Casimero almost four years ago. Yeah, let's see if Caraballo's power can crack Sultan's chin, otherwise this will be a tough battle for him as Sultan is very rugged and tough so he might test Caraballo here. I can't call Sultan a journeyman because he has faced a lot of Filipino champions in the past and even bet Casimero. So this is going to a 60/40 fight for Caraballo. Sultan could be motivated to show his skills under the banner of MP promotions. I wouldn't doubt about Caraballo's power, Sultan has to be careful as he is facing a very dangerous fighter, winning all his fights via KO, that's something special, he is like a Wilder in the bantamweight division, and for Sultan to be able to win, he needs to be the Fury. |
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As the market is volatile and very technical, does it take full time to become successful in trading? or can some trade part time and still make real profit from the market?
I think it is not, but be full time trader means will really help trader to not miss opportunity. Like if can see market in a lot time, maybe when pump or dump come, especially for day trader which really rely on market movement. If must do anything else like work, maybe that trader will put stop loss to save their assets, but in other time when new oppotunity come, he can missed it. It does not guarantee being a full time trader will be successful, because it depends on how we analyze the market and control emotions. Part time trading can also be successful if done the right way, but as you said, full time traders have several advantages. Full time traders usually do have more time to monitor the market, so faster in making decisions, because it is faster to know where the market will move. And also full time traders are much more focused on trading. If we are serious about making crypto trading our main source of income, I really recommend becoming a full time trader. Being a full time trader means you have more advantages to make more profits but it does not guarantee that you will mostly make successful trading most of the time. It will surely depend on how you use your strategies and how you trade depending on the market condition by that time. I do recommend also trading full time so you will able to maximize your profits but if you have other job aside from that, trading will still be successful as long as you are trading with proper motivation and skills. Trading may not need most of your time but it does need proper execution of your strategies all the time. |
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I will never use the word Greatest in this part , Losers never become greatest mate that is a contradicting word  but those are surely the worst gamblers recorded and not greatest I somehow agree with you because the word greatest is use for compliment no for some catastrophic things that have happened to these poor guys. I think we need to have such a record being listed here to remind everyone about not going overboard about the things we are doing or else we might end like one of those. It's so hard to move on with those kinds of traumatic events hunting your mind. I wonder what they do to move on after those tragedies. Nice observation @Chato1977. Anyway, what matters is just to learn from our losses, we don't want to lose more than what we can afford to lose because that is basic for us gamblers, it's the attitude that we should have in order to minimize the losses. For others, they might think that if a person loses a lot of money if they see it in millions or even a hundred thousand dollars, but in the end, it is always based on the capacity of a person, like for example, a billionaire could lose $100k in just 1 bet and that would not affect him much because he can afford it. |
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Casimero's weaknesses are exposed in his previous losses while Inoue's weakness is not yet established because he is still undefeated.
I don't see it's a weakness as even Inoue admitted himself that if he fought Rigo that time and Rigo will just run, that would probably be the same result of the fight. Casimero loves to fight a higher that is willing to beat him, not a fighter that would fight him and just survive to make easy money. Rigo did that and the judges were convince that the more aggressive should win although Casimero did not hit Rigo with some clean shots. Same with my observation, even Inoue was the one who fought Rigo with that same strategy from Rigo. For sure, it will have the same outcome. Between Inoue and Casimero, fans are expecting more actions a toe to toe exchanging of heavy punches, where both this two gentlemen are being known, it's good to see a KO if possible it's more convincing fight, I remember the Pacman vs Márquez blow by blow that kind of fight fans will really enjoy. That's a good observation, this could be like a Marquez vs Pacquiao fight, where Inoue is the Pacquiao. Hopefully, if there's a contract that will be signed soon, they will put a rematch clause so we will not only see a fight once but on the 2nd time or even the 3rd time if there's a trilogy. |
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There is no way to know when bull run ends, sometimes market will fall dramatically and after a few days it will pump again. If we only know the exact date of the bullish and bearish market then we can all be millionaire right away, the problem is we don't know when, everything her is just a prediction and speculation but the truth is no one knows everything about crypto.
What you say is true, no one knows what will happen. Only those from the future can know Everyone talks about bear season when prices start to drop a little. When it rises, they says we are in bull. We're used to it now, we can see something different every day. One day we will all be millionaires We will all be millionaires if we always prevent our investments from huge losses and i think it will be very hard for us because losses are definitely inevitable. With this crypto market that is always unpredicted, its always an advantage if we know the right timing when to sell and when to hold. Selling everything when a bull run ends is definitely not that bad but if you are still thinking that they can be more profitable in the next bull run, then leave a portion of them for long term holding. After all, once you have gained profits already in times of bull run so it just means you were never in loss. You will only lose if you sell them at a very low price. |
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It's natural for beginners to panic because they don't have any experience in trading. But I totally agree with the review you gave and this is a must read for beginners
Not only for newbies, although on the whole they are newbies who often panic because of it, but it also cannot be denied by those who are experienced because sometimes they also feel panic about it, where it appears automatically when conditions are different. Panic can attack anyone, especially in certain situations and to be honest, not everyone can easily control it, Panic for me is normal, it's just a matter of how we deal with it or at least we can control it When you are investing with little knowledge, you will likely easily get panicked if there are significant changes in the market, may it be a dump or a pump, the important thing here is not to get affected by your emotion, instead be objected, always use your mind as it's the one that will dictate you to do your strategy in investing. Why there are some losers in the space, that's because they easily panic and most of them are newbies. |
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Yes he is indeed a monster, after Casimero there's no more worthy opposition on his current weight category he should move up again he is currently a three-weight champion great achievement for a young boxer, there's a possibility that he can challenge Pacquiao's record he was 8 division world champion, he can do it because he started in the lightest category like Manny Pacquiao, Inoue's career has a lot of possibilities.
If Naoya Inoue will win against Casimero there's still a business that needed to be finished on their division, not because of career but as a form of respect. He needs to make a rematch with Donaire because of the struggle he experienced defeating the veteran boxer. But honestly, either Inoue or Casimero will lose here, a rematch is expected to happen unless one of them got overpowered different from the case of Donaire vs Inoue where the fight is close that's why a rematch is somehow necessary. Inoue will not be concerned about Donaire so he will give him a rematch, he beat him once, and now that he has a belt, maybe they could unify that belt and Inoue will be the undisputed champion. The good thing here is Inoue and Casimero are willing to fight Inoue, this is easy for Inoue to prove that he is the best, but of course, right after the Casimero fight. |
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I guess that minutes is too much for him, Westbrook and James could play his role, I'm not even sure if Westbrook would be able to play a PG position since Lebron is still here and we know ever since he became a Laker, he already play that PG position, despite his big.
Lebron james can play any rules Point Guard, center or side cause he is in average height he can adjust his given position. But some of his game he played as a Forward then he Carry his teammates to the victory . I don't care what Lebron's position is written in the book, but he is really playing as a PG as he usually holds the ball. I have a feeling that Lebron will destroy Westbrook's triple-double consistency and I think even a double-double, Westbrook would still struggle as the lakers have a lot of bigs that could grab the rebounds unless they will intentionally give the rebound to Westbrook. It is expected. Westbrook will most probably lose his triple double stats consistency, because he joined a super team where more than 2 players could dish like a pass-first point guard and another 2 who can dominantly grab rebounds. The best thing Westbrook can do is to continue being an explosive point guard. Drive the lane and draw defenders and dish out to the spot up shooters. If he can perfectly compliment LeBron and AD's style of play, they'll be a tough team to beat in the playoffs. I'm not sure if the Lakers will focus on 3 point shooting, I guess with the current lineup, they will take advantage of their size and they will bring the ball inside where the big 3 can drive. I know they have 3 point shooters too but are they consistent enough, or can be trusted to produce a good percentage of shot? |
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