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3501  Economy / Scam Accusations / Re: Anyone heard of Rocket Hash Cloud Mining? on: June 08, 2022, 09:23:03 PM
Kinda figured lol, thank you
You are welcome, feel free to always come here to ask questions before making any move, there are many scam sites existing.

I thought it was really weird how I was not able to find any reviews about this "legitimate" company other than the obviously fake ones on their website, which conveniently does not give you an option to post your own review lol
Reviews can help but not 100% accurate, there are fake sites and even fake mining sites that can have excellent sugar-coated fake reviews. Better to just ask questions directly on the forum like this.
3502  Economy / Trading Discussion / Re: How to avoid crippling losses when trading? on: June 08, 2022, 09:14:00 PM
That can work with low leverage and if you taking very small risk. You therefore probably making use of very minimal leverage like you mentioned otherwise you can't have that kind of peace.
I started using low leverage because if the market is against me, I do close position opened because of fear of liquidation and later the price do correct back. I see the market moving in both side ways and low leverage can be good for bears and bulls if the market is studied very well with indicators and risk management.

Some other times but not all the time, the market price and direction can change against you even at low leverage. You said it about experience.
I can use leverage if need be, I prefer to begin trading with 1x, if my analysis failed and the market go against me, I wait for a time for indicators to signal me to go 2x, I can do it up to 3x max. This helps the chance to gain back the money as fast as possible if the market later go in your direction taken. 3x for bitcoin, not altcoin. Using 1x is not that risky but it can result to panic too if the amount used is very high, so trade with the amount you can afford to lose.
3503  Economy / Scam Accusations / Re: Anyone heard of Rocket Hash Cloud Mining? on: June 08, 2022, 08:12:23 PM
Cloud mining means you will give someone your money to mine for you, the person can take away your money, it can be a ponzi scheme.

It is better you stay away from cloud miners, most cloud miners are scammers and you may lost at anytime.

If you want to mine, it is better you do it yourself and join a mining pool.
3504  Economy / Gambling discussion / Re: How Profitable are Gambling Bots? on: June 08, 2022, 06:38:27 PM
Taking into account the fact that now a significant part of the odds is determined by AI, and live bets, I am sure, are controlled by automated systems (since it is impossible to manually change dozens of parameters for each event without error), we can say that at the moment the market is controlled by bots and they are profitable  Grin But unfortunately they play on the side of the casino and their use by players is almost impossible.
That is true, bots will help the gambling sites to handle thosands of tasks, but not use by punters is also possible, if not to be confused, I think what you meant is that the casinos and other gambling sites are using it to make profit while punters are using it in a way it can make them lose or have no significance towards making profit. If that is what you meant, you are definitely right about it.
3505  Alternate cryptocurrencies / Altcoin Discussion / Re: Does NG coin work? on: June 08, 2022, 06:34:14 PM
It will be better for you to disable that link, it is a fake link. You can leave it as https: //ngnrt[dot]com/

The site was just created:

Code:
Registered On:2022-06-08
Expires On:2023-06-08
Updated On:2022-06-08

People should stay away from that site or they will be scammed. How can someone mine bitcoin from posts? That is not possible.
3506  Economy / Trading Discussion / Re: Is trading journals worth it? on: June 08, 2022, 06:22:48 PM
You will gain experience about trading when you follow more and more notebooks. And you have to have an idea about the different exchanges so you can gain experience.The more you can trade, the more you will gain experience, but before you start trading you must follow a variety of steps that will help you. If you are trading journals If you follow then of course you will be successful.
What that matters most in trading is experience, not trading journal, but I have heard people are doing that, but I did not know how that is convenient for them, I can vividly remember all that is happening in my trading life, the mistakes I made and what I did to make such mistakes from happening again, also I know if I lose, how much I lose and if I should stop trading or not. To be sincere, I have seen no reason for a trading journal, what I have see that is most important is experience, which is what trading journal can not give traders.
3507  Economy / Trading Discussion / Re: avoid scam telegram groups , find useful tools and channels on: June 08, 2022, 06:16:14 PM
Well, the truth is based on your source and that's the reality that we have to embrace. Despite the disinformation that we've got through the internet, there is still a truthful basis we can find.
And it has to be found and you'll need to assess and verify each information that any source that you have found. Being deceived is a big problem and that's why we need to be informed so we can avoid deception.
The act of relying on someone, a group or a channel is a means and chances to get scammed, it is better not to trust those channels or group for not to be scammed, it is as straight forward as that. I have been in crypto for like four years now and I did not believe in those things again after I joined a telegram group for airdrop, the first airdrop was a scam for me but I was able to avoid it, after that time, I have prefer to do my things myself, be it about trading or cryptocurrencies generally.
3508  Economy / Trading Discussion / Re: Which timeframe do you use for day trading? on: June 08, 2022, 06:10:32 PM
If you are a trader, you can buy or sell, you can open or close position which can either be long or short. Crypto market is opened all through the day, you can trade at anytime of the day, you will just need to find a perfect time for yourself to use for trading. You should not be addicted to trading, you can use low leverage or use no leverage and set your take profit appropriately and not be greedy.
3509  Economy / Gambling / Re: How do you know how to trust online sportsbooks? on: June 08, 2022, 06:01:11 PM
First and foremost I always use a sportsbooks that have an ANN thread in this forum, because I already know this forum is mostly free about any users opinion and I know to check whether the site is scam or legit based on his trust feedback. Any reviews or articles are sucks about the credibility, they can got paid by the scam casino to shill them e.g. 1xbit. If you search 1xbit reviews on the google search, you will see most articles talking about them is a good casino and doesn't scam.
People can be paid for review, like I or anyone can be paid to give fake review about a site, even scam sites do have good reviews for victims to be able to get convinced. I too can not trust reviews. Since I have been on this forum, I know about crypto gambling sites because I was using fiat based gambling sites like bet365 before, the crypto gambling sites on this forum that I have used before are trustworthy, even the Stake I have just started to know is good. The only one that is not trustworthy is given negative trust which is 1xbit.
3510  Economy / Gambling / Re: How do you know how to trust online sportsbooks? on: June 08, 2022, 09:57:51 AM
definitely stake.com is my favorite, I'm not talking because I'm in their campaign, I say this because I place bets on the site and I've used other sites and I realize this big difference, at stake.com there are many games a day to bet and it's easy to move the site while on other sites there are few games and there's a designer that doesn't make it easy for me
Stake is a good gambling site, I haven't tried their sport betting because I do not like to bet on national leagues but prefer top club leagues which we have just finish. On stake, the blackjack and roulette are very good and you can see how the site is very transparent and showing customers that they are not manipulating, it is a good betting site to go for.
3511  Economy / Trading Discussion / Re: The Signal to Start Trading and the Signal to Close Trading on: June 08, 2022, 09:44:51 AM
With signals I advise you to be as careful as possible. Do not forget that quite often there are moments when signals can provide information that requires confirmation.
yes of course but that actually happened the source of signals provider is not really perfect, i know it's not every time a signal most be accurate, but some elements of signs will be shown directly, the source get read of my signal never disappointed me, if they will a change or difference it will be slightly difference with what my source capture and also caution. Shall in normal circumstances we are not suppose depends on signal another person. But using chart will give you more courage than any.
Signal is just what can make a trader to fail, it makes them weak, not able to learn, they use the signal first and they may make profit, but in the long run, they will only see that they lose than gain if the net profit is calculated. Some signals are paid for and yet used but failed. I do advice people not to make use of trading signals, copy trading and the use of bots. Learn is very important for traders, using low amount for some months and they can increase it if they are begining to make profit.
3512  Economy / Trading Discussion / Re: Few Steps To Avoid Losses In Trading. on: June 08, 2022, 09:37:06 AM
I do not agree with this, it is not wise for you to try what you do not know not even something that your investing with your hard-earned money,for example, you wouldn't buy a car and decide to start driving without learning how to drive thats  gambling. You are supposed to learn from other traders' mistakes, not your own mistake, you can do better if you learn not to invest on this you no nothing about, invest in coins that has good history and Bitcoin should be more in your portfolio.

It is just true that mistake is the best teacher, but if you know already that mistake is not avoidable in trading, you should know that you should start with low amount of money. No matter how smart someone can be, he can not escape that newbie trading experiences of losses, he will trade, use some strategies but will lose more than gain until experience starts to help. This thread is not about investment though, it is about trading, but a good advice.
3513  Economy / Trading Discussion / Re: How to avoid crippling losses when trading? on: June 08, 2022, 09:28:42 AM
I think your plan will be good in a bear market condition when you can anticipate price movements using points of support and resistance and then build a trading strategy on that basis.

In the current situation, uncertainty prevails, and therefore all the current support and resistance points are psychological and cannot be relied upon. For example, we have stayed for a period of time from $33,000 to $25,000, but they are only psychological levels.
If you put the stop loss strategy at 25k, breaking it does not mean that the price may collapse severely, and therefore the only point we have is the levels of 20k.

In short, the current situation is not suitable for short-term trading, but only for buying.
Trading strategies is still working very well, even now is more favored as bitcoin is not going beyond $28000 and $32500. The use of leverage is the failure of many. Assuming I open a long position at $30000 with 1x and I have liquidation price of less than $1. If bitcoin get to $25000, I will increase my leverage to 2x, the liquidation will be around $12500 and I will still have rest of mind. The price to make profit will change from $30000 to around $27500.

What I just know is that trading is beyond what someone can write or post, experience matters too. It is in OP that stop loss is good, but I did not even make use of stop loss, I only make use of take profit.
3514  Alternate cryptocurrencies / Altcoin Discussion / Re: Luna 2.0 keeps falling on: June 08, 2022, 09:10:17 AM
The chances of surviving on the longer term for luna 2.0 is 1000 to 1% chance, very slim if you ask me, this isn't a project you should invest money on right now unless the price tanked once again, many are already dreaming for 100$ per Luna 2.0 just like before but I believe it's never going to happen again.
That is true, the chance that Luna will survive is slim, the coin is like mimicking the old Luna, the coins are very volatile and this is bear market, which means it is volatile for people that bought it to lose. When I posted this yesterday, Luna has also gone done more. The coin is decreasing in value everyday. It is not a worthy coin to buy. The only time that someone can invest what he can afford to lose is when the market is bullish again, maybe the price will increase by that time.
3515  Economy / Gambling / Re: Stake and primedice are the worst gambling sites on: June 08, 2022, 09:02:53 AM
Stake and pd puppets flooded the thread
You do not have to post continuously without anyone posting, just put all your quotes on a post.

That said, Stake is a trustworthy site, bring out a good allegation against the sites and we will look into it. You just want to speak bad of the sites but your wrong decision will not change anything.

If you like it or you do not like it, Stake remain a good and trustworthy betting site even with your wrong allegation.
3516  Alternate cryptocurrencies / Altcoin Discussion / Luna 2.0 keeps falling on: June 07, 2022, 11:20:42 PM



Can you see Luna 2.0, the price was above $19 when the coin was forked from Lunc, it decreased to around $3.4 when bitcoin was below $30000, bitcoin increased to around $32400 and Luna increased to $12. Bitcoin at $31000 now but Luna at $3.9. if bitcoin decreased to like $27000, this will significantly affect Luna price. This coin is not worth holding during this time until if bear market has ended. If you buy this coin, know that you are gambling.
3517  Economy / Trading Discussion / Re: If Bitcoin drops to $8k on: June 07, 2022, 10:28:50 AM
Everything can happen, what we think is impossible to happen easily, as the price of Bitcoin in 2013 rose from under $ 100 and then skyrocketed to more than $ 1000, and vice versa the price of $ 1000 returned to under $ 100 in 2014, but the most important thing was We always get profit when prices go up or down.
I agree that bitcoin price got to $1200 in November 2013, but I do not see any data that indicates that bitcoin price falled below $100 in 2014, the price in 2014 did not even fall below $200 according to what I am checking here. But I understand what you are saying and you are right, bitcoin price is very volatile but also not fully right because bitcoin is less volatile than those periods, but that does not mean that bitcoin volatility is not massive again, it is very much massive, but not massive like before.
3518  Economy / Trading Discussion / Re: Short term investment suggestion on: June 07, 2022, 10:11:56 AM
Short investment is good if you can manage it well. Check the status of your coin from time to time and check the price. But if you can handle your emotions and have some patience in trading...why not trade at long term way.
What is long term trading? You mean swing trading, like trading for a week or two? If that is what you meant, it is a good idea, but not everyone can be a good trader, some people will just prefer to hold for short term or long. If the time is planned well, short term holding is profitable but long term holding for like 2 years can be more profitable than all. As for me, because trading is risky, I do not always advice anyone to trade at all.
3519  Economy / Trading Discussion / Re: The market is confusing on: June 07, 2022, 10:06:54 AM
And what to expect from the market, which in fact demonstrates the situation in the world? Now everything is terribly unstable.
Crypto market is not full of stable coins, there are unstable coins, the market can either be in favor of the bulls or bears, the market is not stable. I still do nykt find a good point in what you meant though, as it adds nothing to the OP.

Cryptocurrency market is now is confusing due to we don't know exactly were the market is starting from and when it will end
Crypto market is not confusing, if you are not patient and just buying and selling without any strategy and analysis, it can confuse you.

if some one want to buy coin now what coin can you recommend for the person to buy, i think the answer should nothing because you are afraid of the coin you will recommend for some body for now
It depends on your strategy, you can by bitcoin, not mind if the price decrease further, bitcoin should worth $100000 or more by 2024/2025.
3520  Economy / Gambling / Re: How do you know how to trust online sportsbooks? on: June 07, 2022, 09:53:04 AM
Hello everyone, I've been using online sportsbooks for a while now, but I wanted to know how do you know how to trust those sites? What do you look for in them, what are some red flags for you, that kind of stuff. Hope it makes sense and please share what are your favorite online sportsbooks.
I do not really play casino, I prefer sport. In sport, I have special likeness for football which its result can not be manipulated. With the little knowledge I have about casinos, not the virtual ones but the ones that are real in a way you will see the person rendering the service for gamblers to bet, there are live videos that should prove enough that the gambling site is not manipulating anything. Also having the characteristics that can attract customers is also among. A well reputable sites like Stake should be known that they are not manipulating anything at all.
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