I recently open an account in an online gambling sites because I'm too bored in my house. But it is not my first time to gamble because I have account in some dice games and some online betting gambling sites. My first impression to online casinos are good and it seems that I now spending more time of playing than my usually activities which is studying and playing some online games.
Casinos in my country are already closed because of the lockdown and it is the reason why I know using online casinos to kill my boredom. For sure I'm not only the gambler who love playing online casinos. There are a lot of bonuses that I keep getting and recently I won big amount of money. Even though I'm only in my room, I still earn money from using online casinos. |
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I have a bad experience with trading signals, I follow lots of trading signals. And in my opinion not all is accurate. And this can lead us
astray, for which we suffer losses when following trading signals. The best way to trade, of course, with do your own analysis, trading
signals should be used as a comparison only. So the trading signal that is in the opening post it should not be followed, because it is not
necessarily true and accurate.
It is not really accurate and we should not believe to them because they are just brainwashing especially those new in the market. There is no trading signals that are really accurate and we should not rely on then especially if we want to have good decisions. People will only suffer losses if they will continue in joining trading signals. There is no term "accurate" especially in trading signals. In telegram, there are many groups like that they are all talking about signals. They will invite you to the group and then you will need to pay in order for you to have signals. It is just a scam groups that asking for money, those dumb people are usually the people who can become victim and we should really avoid those groups. |
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That's a mere fact that cryptocurrencies cannot replace the fiat money but it can be a alternative for some payments especially for those who want to have fast transactions. Bankers will do a way in order to people to not patronize cryptocurrencies because they know that mass adoption can occur. Cryptocurrencies have a future but we should look the whole picture in order for us to understand what's happening in the market.
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Nope i will never do this for my Own peace of mind,how can you afford looking all the time that the amount is too big compared to how much you win.
better forget this stupidity and Just gamble when you have money and make a rigth decision everytime you gamble.there are so many gamblers that fail because of no discipline and becoming greed as the gambling goes on.
That will give another stress for us if we look at the money that we lost in gambling. Besides that, it can make us cannot sleep well because our mind will think about how we are going to get that money. But having that record can give information about the average of the funds that we use every week or month so we can try to reduce or we can do something to avoid a big loss. Recording the losses and the wins are part of journalizing, professional traders are using it in order to find their strengths and their weakness. It is really depends on the person on what he/she will do to their records. Yes it can stop you to gamble anymore but the goal why he/she records will understand more the reasons behind it. I record my losses in order for me to know what is wrong and how I will avoid in order for me to have high chances to win in any gambling games and features. |
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Plotting Fibonacci retracements are subjective, it really depends on the users on how he/she will plot the fib. I plotting the normal fib with the swing low to swing high, I'm using it for some bounce play. While the reverse Fibonacci retracement, I using it to identify resistance where I plot first the swing high then the swing low. I tried to use Fibonacci bot or the automated fibonacci before and for me the plot is not reliable to use.
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Not that of a sports gambler and I really won't understand how others feel but as sports gambling was more on analysis I bet poker will be fine if a sports gambler know the game. But right now mostly what I do is online gaming not much more to do and besides I'm not new staying at home and I feel not an alien situation to me, those who might not new for sure they'll make adjustments or may be bored.  It is really bored especially for those people who have habits before that they cannot do today because of the lockdown. I spend most of time today in playing dice games but I allocate only small amount of my money because the risks are also high even though I only see it as to kill my boredom. There are people right know who enjoying the quarantine wherein they have now more time to play in online casinos. It is good to stay at home and play different online gambling games than to get outside because there is a risks of having the virus. |
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Aware naman kayo siguro na ang cryptocurrency market ay kasalukuyan nasa downtrend pati na din ang ibang financial markets ay nasa downtrend na din dahil sa pandemic na covid-19. Madaming opportunities hinde lang sa uptrend pati na din sa downtrend. Kaya alam ko na madaming gustong maka bottom fish o makabili sa pinakamababang price ng bitcoin na pwede nitong maabot. Pero dapat niyong malaman na ang pagbobottom fish ay napaka risky na decision kasi hindi natin alam kung ayun ba ang pinaka bottom o hindi pa. Ano nga ba yung sign of reversal? Ito yung senyales na mag tratransition na ang isang trend to another trend. May 3 klaseng type ng trend, eto yung uptrend, sideways, at downtrend. Nasa baba yung pictures. Merong 3 types ng sign of reversal o ang SOR ito ang one candle reversal pattern, two candle reversal pattern at three candle reversal pattern. I uupdate ko na lang tong thread para sa two candle reversal at pati sa three candle reversal. Ito yung mga examples ng mga 1 candle reversal Bullish Reversal    Bearish Reversal    3 Trends of the market Uptrend  Sideways  Downtrend  |
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It is not a wise decision to sell them in the current situation of the market because now it is the right decision to grab as many coins as possible in the market. As long as, if we don't need money it is very good to hold them because long term holding will always help us to make some decent profit.
I hope you make it and I hope that everyone saves their ass before they lose especially those who've been buying at the high and selling it now at a low price. The hold may matter for some instances and for me, I'd never do that all the time. Of course, we have to be practical and the reason why we invest in Bitcoin is not just to hold it for a lifetime but have to sell it when we are in profiting already. And I hope that everyone who manages to holds is also having the patience to wait for the market recovery and not just because someone says to hold. It is called averaging down if we hold bitcoin and buy more of it, I do not do that because it is very risky strategy and for me it is not working. I'm not also a investor who can wait long period of time to sell it in a higher price. I'm just a day trader who want to have a profit in small period of time. Be careful if you will do averaging down because it requires high patience and good mental health. |
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Those who panicked when the price of Bitcoin fell down by almost 50% days ago are those newbie investor who don't know how Bitcoin's price is moving. They are the ones who are heavily relying on the news media which is a no no for me. I don't like news media since they only telling the negative side of everything from stocks to crypto blah blah they are bull shit. I didn't panicked here even a bit. I don't need to convert at that time too and I believe that "Whatever goes down, goes up in a few days"  . If you panicked and sold it at the lowest price then congrats because you are at a loss. It would be better if you sold at the 6k mark and then bought at the 4k price you could get a profit there since we saw Bitcoin rising bit by bit already . I did not panic when the price goes down but I managed to sold my bitcoin because it is part of my plan in order to protect my fund. For those people who panicked are weak in terms of mentally, panicking have a bad psychological effect that can affect our further decisions. I managed to buy again when the price goes up and know I have unrealized gains. I've been shake out when the price drops massively and for sure many traders also felt that, I slight panicked but I manage to control my emotions back there. Lack of emotional control can result to me to have negative portfolio that is why I do my best to control it. There is panic that I felt but I really handle to throw it away in order for me to stay positive and avoid making regretful decisions. |
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Italy is by far the most affected for sure, I have seen pictures of "ghost town" type of situations where there was no one around and that kind of means economy stops. Economy is not something that can afford to stop or give a break, it has to continue forever to keep churning profits or as soon as it stops we are talking about a global crisis.
It means Italy is about to have something so huge that other nations will start to get affected because of it, France is next and then Spain will be following them, after that it is impossible to think Germany will be unaffected and of course UK ... as you can see it is going from one place to another and economy will be basically destroyed in general in all of Europe because of this. Hopefully it will be recovered but it will take a lot of time before we are back on regular days economically.
Italy is now became the new epicenter of the coronavirus where the infected persons in their country have now reached 63,000 and counting and they have the highest death toll in the world because of the virus where it now reached 6,000. There are now many effects to their economy because of the pandemic where their government have hard time to control. Even though they now implemented quarantine, the virus is still spreading that can still affect their economy. |
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We all know that we have risks to take every day and if you are a gambling fanatic, you would think that everything can be an opportunity to profit from, like simple parlor games, video games, card games, etc. Let me ask you, what is your experience towards the gambling attitude, especially now almost everyone is in quarantine, what did you do about it? Personally, my family plays video games, specifically on the Playstation, where we play Crash Team Racing and we race and the last place would take a shot, this could be a different thing at stake, so it could still be considered as Gambling, IMO. This could be two things - Gambling skilled based
- The stake is that you can stay longer as you won't take a shot
Have you done something similar to this and do you think it's gambling as well when there's something at stake? Hell yeah , I have . I love it to gamble with my family but always and always it doesn't involve money. The stakes are always different , like with my father I gamble about politics who will win and who won't and whoever loses decides to watch their programs for the next day. With my mother , I gamble about movies as in who will die first if it is a horror movie and stuff and the stake ? I will have to help her out in kitchen duty or similar. With my brother , about sports or poker , losers get punishment just like truth or dare but only dare. We used to play gambling games such as poker, pusoy (this game has unique name but it is the name called in my country) and many more games which is base on skills. We are not betting any money because for us it is not good we just playing but we have consequences for those people who will lose in every game. |
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Yes, they are good at making money but they are totally different when it comes to action on how to make money. Trading is a very risky part while investing is you're always is a safe zone. Why? Because you can hold it depend on how long the time frame you want and the profit you have been targeted on it.
I may advise if you have a capital for that, just split your money into two. Half for the trading and another half for investing. Probably in that way, you can cover your failure if there is.
Yes apparently trading is hard job (a lot possibility to earn x2-x4 in shortly) from investing money. For trading i think it’s not a start anyone suddenly. Nope, if we will comparing about risk then definitely i think both of similar risk zone. But i agree these are really good suggestion to use your money in the both purposes likes trading and investment. There are different types of trader, there are traders who are passive that are close to being investors where they accumulate positions and hold it for a long time and there are also type of trader who are active where he/she often exchanging cryptocurrency to fiat or vice versa. Both of it are effective on making money but the thing is we should know if our skills are suitable on becoming a trader or a investor. |
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HODL. I'm down too and I know it will rebound. Not my first dip...
This full collapse of the stock market has only brought bitcoin down to $5k...
Think about how much bitcoin has withstood. This is yet another test that proves how good bitcoin is.
This is also not my first time to experience a big dump and I have to stat and trust the system in order for me not to loss big. Yes, bitcoin will recover and I know bitcoin will prove again to become the best online currency and that is a best reason to hold on it. Every market are collapsing and dumping, but in time it will recover and I’m sure bitcoin will become more big in the future. But sometimes letting go is a good strategy in order to protect our capital. Before the price breakdown in its major resistance, I managed to let go it because I know that I will suffer more if I will continue to hold it. But it is just my pure opinion, we should know how to cut loss because it is part of risk management where it can develop discipline. |
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We can say that it is the best time teach people about bitcoin, but the fact is people still trying to take care themselves first fro the coronavirus, and after they can make sure that they are safe, they will try to search the other way to make money. Now, they are at home, some of them are not work in their office, but they have an internet connection to try to search work by online, so I think they will seek the other jobs available on the internet so they can make money. Maybe soon they will realize that they can make money from the internet, and they will come to bitcoin while we cannot force them to learn bitcoin if they don't want.
I will only teach bitcoin to others who are eager to listen, there are some people who are not interested to it and I do not care to them. I'm not a selfish person but it is only good if we will teach someone who wants to know about it. It is true that we cannot force them to learn about bitcoin, they should be interested to it if they want to learn it and to acquire it. |
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This is what we called the Rat Race, I learned that name from the books of Robert Kiyosaki. If we want to have an early retirement then it is better if we will invest in our early stage. There are now many powerful investment vehicle that we can choose in order to grow our money but we should always be sure that we know what we are doing because investing is not easy, it requires a lot of knowledge and skills in order to protect our money and manage to grow it.
I have a day job but I have now different investments, I have a goal which is to retire at early age and I know I can do it because I keep improving my cash flows. I have now different investments in diffent industries like the stock market, forex and of course cryptocurrencies. I manage to trade some of it where I earn money. Let's focus on improving our cashflow.
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The number 1 is correct where we should limit the budget where we should only allocate the money that we can afford to lose, it is part of the risk management that is important to consider to have discipline when we are doing some gambling. People are just throwing their money and they will rant afterwards if they lose their capital. We should know our limits and we should have good budget in order for us to have emergency funds and money that can cover up all of our expenses.
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Thinking to learn to understand the chart and I would like to know what indicators to use.
at the moment I have MACD / Relative Strength Index / Momentum
what other indicators are important to use?
You should take note that it is not important to know many indicators, it is better if you will only use few indicators. uis important and you will only be confused if you will use many indicators. Focus on mastering the current indicator that you are using today. I only use 2 indicators which is MA and RSI. MACD is a laggard indicator and it doesn't suit my trading style. Find also a indicator that you can use where your style are fit with it. |
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With the recent outbreak of coronavirus (covid19) lot of sports game are being cancelled/postponed especially the NBA
While, there are also lot of people from different country that starting to lock down and stay at home for home quarantine.
So,
Decrease of sports games.
Increase of people that will stay at home (probably no work/less work to do, e.g work from home/totally no work)
So what do you think the effect of it?
Can we experience a high volume on every cryptocurrency gambling website?
Since major payments are cryptos, so need to go to any bank anymore, in short more on online transactions.
In my country, the offshore gaming operator are been force closed by the government because of the COVID-19. There is a community quarantine in my country where many business establishments are closed because of the fast spread of the virus. The whole gambling industry are affected due to the COVID-19. |
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Focus on process and not in results, those people are focusing in results have low chance of becoming successful. We should learn on how are we going to focus on process in order for us to achieve the goals that we we want to achieve. We cannot achieve our dreams if we will do not love the process.
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