- Trade and invest in what you really know and understand - Trade and invest money that you can afford to loose - Never follow hype and FOMO in which you don;t know the projects exactly - Don't play with your emotion (very happy, sad, panic, and others. Be wise and smart on everythig.)
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Two answers: 1. YES - If you really know which meme or NFT games coins have good fundamentals and are also considered as good projects - If you really know how to manage your money and your risks when going to invest or trade in them - If you really know their cycle and mechanisms going in the market, its pump and dump - If you really know how to utilize every moment to get the chance to buy and sell the coins so that you can take big profits. - If you are a high-risk taker and not a panic person
2. NO - If you only follow the hype and FOMO - If you are new in the crypto world - If you don't know what kind of market situation of the NFT game and meme coins - If you cannot control yourself to manage the money and investment - If you dont know when to enter and when to sell the coins - If you are a panic person, only based on hype and FOMO
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-snip-
There must be continuity and cooperation from the person itself, the closest people, treatment, and various other factors. Must begin with strong desires and intentions to stop and regardless of gambling addiction. Furthermore, there must be honesty from him to be delivered to the nearest person or who helped him in this matter, because it began with honesty that Treatment would be easier to do. Next is there must be support from the closest people, at least the person he loves and he believes. Then, there is a special treatment of experts so that the process can really take place well and right. And there are also factors from their environment. That's why I say if there needs to be good cooperation and sustainability of all.
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If you can find out certain NFT that will work for long-term projects, it may be worth it. However, if you can't, maybe you need to make it a short-term investment. Right now, we can really find many new popular NFT games coins or tokens. And they are very increasing right now. Many trusted platforms also offer NFT projects with good promises and also plans. But once more, just do your own research, not only get by hype and FOMO. But really know that the NFT is very worthy, know when to buy and also when to sell because there is sometimes a gold moment to take profits. once time.
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In my personal opinion, if I am a beginner, I will not use margins trading at first to start my trading journey. I will prefer to learn about trading at first in spot trading. This is safer (although it will also require the risks, I think that the risks are not as high margin and other trading types). Margin will also you get the leverages, it may double your money but also will also decrease your money very soon if you take the wrong decision of short or long in certain rate and also coins.
However, if you really want to try margin trading, I will suggest you use small margin and small leverage at first in order to secure your funds. Although it will not give big profits, at least, you can learn by doing at first how margin trading is working on and you can have a better and better experience by it.
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Used by Hype and Fomo seduction can also make us easy to lose funds. Have you ever remember the project a few years ago, which was also very popular? Ignis, yes this project. I felt so stupid at that time. I bought it because it was really new and complacent with a fairly rapid increase of up to several dollars. I was provoked to follow in the footsteps of my friend. And as a result, the coin dropped dramatically and became Shitcoins. Really sad at that time it was the first to be the first investments done, but yes already, because life must go on, yes forget it and make it a valuable lesson and experience. That, most of us lose money because we invest in something we don't know and know, especially just following other people (where he understands the market conditions). Of course, this will be different from our condition that has just entered the world of Crypto.
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really need the help of your loved ones or professional help which would really be needed on your addiction treatment but before you do consider this option then always be mindful on quitting yourself first.
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That's it. The supports from people around (closed family, friends,s or people) will really help those who want to stop and out of the addiction. And the environment will also give the influence. Moreover, if they are still living in an environment with high gambling activities, it may be difficult. that is why sometimes, it needs to sacrifice a few things, including staying away in advance of the environment like that (or away for a long time). Because it will be very difficult when we are still in such an environment to really stop. With a variety of support and attention from people around loved and trustworthy, with the help of special treatment, and a new environment that might be more conducive and not causing these addicts again, this might be better.
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-snip-
Exactly it will depend on the financial status of everyone who plays gambling at all. And we may be different. However, in this case, Is it true that someone who is rich (or that man) is used to or not a problem when losing money like that much in gambling? Well, he got out of control and just caught up on what emotion he feels on that moment. The only reason is that he thinks he can get it if he chase the losses but it's undeniable that if we chase losses the more we get it, it's like we are in law of attraction moment. That is a huge amount to be honest and he can't get it in a monthly salary yet he risks it in one day, a pity one. This is just an eye opener to everyone and that's just an expensive lesson he must take.
Yes, this case really shows us how money and risk management are very important, plus good emotion when gambling. gambling may be fair enough when we know how to gamble wisely and smartly, not only gambling and spending money. From this case, we can see how he might make a mistake, tempted by very high desire, and very high expectation without abling to manage the strategy.
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1. You will not get any profits if you only hold Bitcoin without selling or cashing it out 2. You will see the value of your Bitcoin higher compared to USD or fiat rate when the price of Bitcoin is rising up 3.We cannot predict 100% when the price will be up very significantly as what we are expecting 4. Never get a loan to invest in Bitcoin because it is too risky to loose our money and we cannot get back the loan in the short time
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Matter of fact, let's do just that for the heck of it, see how far we can go with it. I'll pick up a rock and call it Akorn and put it up for $10. I'll buy it back for $10 and let's see how much it'd be worth by the end of the year.
Something will be valuable when everyone also sees the same value of that thing. You may call it Akorn or whatever that is valued highly in your opinion, but when the people don't see any value in it, it will mean nothing. That is why we need to similarize the things to be valued around the world and the same perception.
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Indeed. We know that to quit gambling needs big effort from ourselves and build a new habit that does not have any relation with sports and gambling so we can try hard to stay away from gambling. And with help from the specialist and of course, our family, that will not feel too hard as when the family take involve with our problem, they will help us more than the other people. If someone is addicted to gambling and his family sees that, maybe that is a call for his family to help him quickly before he got something worst that they can not imagine. If they can help them, no matter how sweet temptations from gambling, that person can get out from gambling because he will realize that he still has a second chance to have a better life.
True, actually every person has their chance to stop the addiction. But further, the other difficult thing is also the challenge of maintaining not to gamble again. Let's say that we have been able to stop gambling for several months, maintaining not to gamble in these months may not be easy. And then, it may be difficult enough for the next months again, some people or advertisements may shake our ways to stop gambling That is why it is very important to really ensure ourselves, to strengthen ourselves not to being addicted again.
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Nah, I will not say it is easy to quit gambling, especially if we do not realize that we really addicted to gambling because it is hard to stop playing gambling for just one day. We really need other people to help us solve the gambling addiction problem because they can ask us to do something else that can block our minds from thinking about gambling. If we can follow their suggestion to do something else, slowly we can stop gambling and maybe we do not need too long to leave gambling and in the end, we can solve our addiction to a gambling problem. If our family really loves and cares for us, they will see something wrong happen to us and they will help us immediately by taking us to the professional.
I believe that it will be very difficult to quit gambling without any very strong conditions and also force or special treatment from specialists. Moreover, it is about addiction, it may be worse than what we are thinking. Sometimes, we commonly stare at the very usual people who like and hobby gambling. But in fact, some of these people in addicted and feel so stressed about his condition, but cannot stop gambling even once time. every time going to quit, there will be another sweet temptation that always makes his intention to stop being shaky. Moreover, if he still lives in that environment.
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IMO, you must know what kinds of altcoins we are trading or investing in so that we can understand how to take profits from the altcoins. For, in my opinion, there may be some different strategies of taking profits for several different types of altcoins. Let's see about the new hype altcoins emerging. We can trade them and take profits in the short time waiting for the pump price and then sell them at the high price as we have targeted. However, we may not need to hold them for a longer time because it may be too risky. And there are also some altcoins that will have good news or events at a certain moment so we can just prepare to buy some of these coins and wait until the right moment after the events, so we can make higher profits at that time. And there may be also another chance to take profits based on investing for middle and long term investment. I believe this is more to top coins only.
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Have you heard of betfury - https://betfury.io/? You can stake your BFG tokens and earn dividends in several coins. You can get daily dividends in BTC, BNB, ETH, TRX, USDT. This platform is popular to some gamblers here as they recently also offer BFG farming. Yeah, Betfury gives us worthy staking of BFG. Although the rewards seem to decrease compared to their first staking at a past time, at least, the rewards are still good enough. We can save and stake BFG Token while playing of course. But, if we are going to withdraw in few big amounts, the transaction may be pending because it needs some checking and we will be emailed by them about clarifying where the amount comes from. But it's okay, they are responsible for it. And we can still continue staking there
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I ever commented aboutthis thing here: Some are here: - They don't really know about Bitcoin but only believing in the bad issues about Bitcoin from Media. Media has a big influence to people thinking and opinion so far - They were scammed by certain groups/parties/fake exchange /sites / other scammers and lost much money because they expect big profits in the short term by investing in them, but in fact, nothing they get and their money lost. Then, they hate Bitcoin - They lose much money because losing on trading, being panic because Bitcoin price drops time to times - High ex[ecttaion, low reality - They don't like Bitcoin because they are afraid of being compared or competed with other people who become rich because of Bitcoin
Sometimes, haters will always hate. Moreover, this happens also because of the FUD rising, lack of knowledge, too short thinking, and also close-minded about Bitcoin. And sometimes, people who lose money much in Bitcoin will be haters and saying that Bitcoin is a scam and others. This is what happens to some people around me lol
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If we count from the annual salary, of course, this is a big amount. But, if those are those who are often gambling in huge amounts, win and lose several times, it may be usual for them. however, whatever condition of the gambler that lost that high amount, I think that losing that big amount is very a pity, maybe he thinks he will immediately get his luck and multiply his money. But what happens otherwise, actually loses that much money.
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Hahaha, I think that is happening to us But no matter how hard, we must try it because that is for our own good. We need to take care of our money. Otherwise, we will not have a chance to manage it when we gamble. Exactly, only we can change ourselves and make ourselves more responsible for what we are doing. Sometimes, something hard will lead us to be better in the future, than regretting in the future.
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There has been a clarification about this issue and they denied their involvement in Bitcoin mining. So just as I suspected in my first post, a pure click bait headline based on absolutely nothing concrete from the first article. Why is it so hard to get some decent journalism regarding bitcoin and cryptocurrency? It seems every news site is filled with half truths and outright falsehoods and only care about clicks. I just think maybe now most of the media is more concerned with traffic to come to them using the clickbait title. The title that is felt will make noisy and famous later. Moreover, many people only believe in the title displayed without willing to research further into it.
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Thank you all for the tips I think I must Take time to study
Welcome and go on to study more and more again about this forum. All information you need to know is provided here, moreover in the pinned message of https://bitcointalk.org/index.php?board=39.0 and https://bitcointalk.org/index.php?board=24.0Actually, not only you but also all members here are still learning and continuing to learn and develop our knowledge. Because sometimes, every day will be new information again. And FYI, many newbies are failed and get to be spammers or shitposters moreover because they are lazy to read and also learn. But, as long as you have willing to change and learn again in this forum, You can be a good member here
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This will return to regulations and also the law related to Cryptocurrency in the country. If it's indeed legal, it doesn't need to worry because probably the cryptocurrency is not used as a real payment tool in their country, not to compete with their fiat. But more to other token utilities. But if there is a ban and Crypto is not legal, then it can be a problem. And whether every new company or project must always get approval from the government?
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