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4521  Economy / Trading Discussion / Re: Fast ways to lose money trading on: January 03, 2021, 11:25:09 PM
It is because we wanted this to happen knowing that there is no such instant return and quick scheme but some people are too greedy and they take someone who will offer such a thing and lose their money after. We don't need to blame all our losses to the people offering scam thing because, in the first place, we are the one to take that offer, if just ignore this then there are no such losses will come to us.

Traders must have to realize that trading could make us lose our money faster if we don't manage it carefully and to open up the minds that we need to work on it, not the other people or services will work on behalf.
4522  Economy / Trading Discussion / Re: What Type/Kind of Trading Style is the Best and why on: January 01, 2021, 10:39:23 PM

Most professional traders will use different combinations of these methods to maximize their profits.

Exactly, traders will choose the best strategy for them and they can make all of these things if these are useful enough to take advantage of the market. Having 2,3,4 strategies are more advantageous than one but you can't just go along with them all if you are a beginner.
Well, experts can manage to make it as they are already been full-time traders and they have more than enough knowledge and experience that is why it looks so easy for them to use it all.

I'm not like them and probably you as well, so my advice is to choose the strategy that you feel suited to your capability.
4523  Economy / Gambling discussion / Re: [Boxing] Who should Ryan Garcia fight? on: January 01, 2021, 10:23:42 PM
With the current odds, yeah I don't think that Ryan will be upset, if Campbell gets lucky, maybe he can win a round or two, but that's just it, Ryan will take over and will definitely go for a knock out so that his stock will go up. Golden boy is betting big for this kid, and this fight is cherry pick to showcase Ryan's speed and knockout power.

I agree with you mate, this fight is cherry picked by Golden Boy to make Garcia look good if he can do the job in an impressive manner. Loma's  win against Campbell is not impressive for me so this is a make or break for Ryan Garcia and i'm inclined that he can do it as he did beat our tough compariot in Michael Duno in just one round.

As usual, i will post the link to the fight whenever it is already available.
We'll have to wait for that mate.

Back then,
That is a Golden Promotion, everyone who got into the ring will be a tough guy. To believe that Garcia has knockout power and that is more entertaining and I expect as well that Campbell also gives his best and I know that they have the plan already.

This is not probably about having luck (maybe) but this is all about how a boxer being trained and how he adjusts himself in order to win.
4524  Bitcoin / Bitcoin Discussion / Re: Had you sold your Bitcoins ? on: January 01, 2021, 10:10:33 PM
I already sold out all my Bitcoins, and other crypto.

I don't want to risk. i would buy Bitcoin again when it visits $6000 again, maybe next year.

What about you?
That seems obvious. The last 2017 event gives me something to learn and I don't want to lose the opportunity that I have this time again and yes, I did.
Yeah, those who sold their Bitcoins lately or when the price hitting at $20k, they will not buy at this point but to wait until the market dump again and buy. That is how basic trading works here. We can make a risk at this new ATH coz probably dumps will follow. This gonna be the best thing to do.
4525  Economy / Speculation / Re: Bitcoin have jump to $27000, can this be maintain by 2021? on: January 01, 2021, 03:35:07 PM
...

Indeed, having this amount of Bitcoin we shouldn't just make sell or buy right now, it would be better if we will think more wisely if it is worth to take the risk and buy at this point. Honestly, we don't know exactly when doest correction will enter but it seems institutions and whales are still kept pushing it so correction might be sooner, regardless we still need to be wary about these, better to be secure than never. Don't be afraid of the correction because I am pretty sure that it wouldn't be like as we had before because the growth today is firm and not just because of FOMO. Just like what everyone is expecting I also believe that it would be fruitful like we had in the last 2 months of the year.
Well, it is to understand that some people are still expecting that the price will continue to rise and neglect to think about the correction that will also come anytime. I'm not also bragging people to worry about the possible correction but just wanted to help people being aware of.

Institutional investors are still buying crypto but not this give us confidence that the market will keep in the rising momentum. I have missed the last 2017 Bullrun and not able to sell by Bitcoin because wanted to gain more. That is exactly how desperate to be controlled by our greediness.
4526  Economy / Trading Discussion / Re: There is no certainty in trading on: January 01, 2021, 02:18:55 AM

There are so many people are crying due to the bubble burst that happened with ripple after SEC allegation. Some people are still believing if the institutional investors will make bitcoin can't go down to the bottom again. I doubt this will be a true story but based on my experience if when people said the same thing at the end of 2017 and they got surprised on 2018
SEC can be true to their allegation. Investors will have to make their decision either to keep their XRP or listen to what SEC has been said. Some exchanges are already giving announcements about delisting XRP and that has to take action before it's going too late since the price of XRP is declining.

These what we called uncertainty could possibly happen even in known and well-established coins in the market. We can't really be sure what will happen next and this is just like we are gambling our future here in trading.
4527  Bitcoin / Bitcoin Discussion / Re: Whales or institutes do not stop their bitcoin buying on: December 31, 2020, 11:55:21 PM
These market institutions are really preparing for the digitalization switch. They are not supposed to make and accumulate more if they are not seeing the possibility to get raid over fiat use. They are anticipating the future demand of Bitcoin and to believe that the price will get higher and higher as the adoption grows.

I don't think this was a trap and sort of manipulation but something warns us that sooner or later, the majority of the people will likely use Bitcoin and big companies are into accepting it.
4528  Bitcoin / Bitcoin Discussion / Re: FOMO has started for Bitcoin on: December 31, 2020, 11:39:10 PM
Indeed, it is recognized that many people are increasingly greedy with the current increase in the price of Bitcoin,  so forget about the events
that occurred in 2017. So FOMO is happening now, therefore the increase in Bitcoin in December was very rapid. Many investors ended up
missing the opportunity to make a profit, so I decided to sell my Bitcoin as much as 50%. The rest I keep HODL in case Bitcoin continues to rise,
even if the price falls in the near future I will have made a profit. So what I did was a win win solution.
That is simple, make your money secured first rather than miss this opportunity. Greedy people will actually be foolish to think more and more without anticipating possible huge correction just like what 2017 gives a disappointing moment to the people and many had suffered losses as they think it moves beyond $20k. And from that scenario, I'll take much cautious this time, better secured that to cry in vain. Even though I have the money to invest right now but I think the risk to face, better wait for the market to calm down first.
4529  Economy / Gambling discussion / Re: Gambling as a profession: there's people who live out of gambling? on: December 31, 2020, 10:55:18 PM
I've came across an article online written by a gambler whom was pointing out to himself as a professional gambler/bettor and it is clearly possible to be like him if you accept to take the risk. I'm not a gambler, even if i'm sometimes doing it for fun and not spending these profits on real life things, i might just buy gift cards with them or something like that but people in Las vegas for example made millions out of poker, football and dice betting which includes a huge risk pourcentage.
He can be your motivator and his achievements might give inspiration to others, even you. But if you are afraid to take the risk and follow what he does, no, it won't make it possible at your ends, it will just a dream of becoming like him in the future. Successful gamblers have their own goal, they are not just having fun but they are forcing themselves to reach their target just like in business (that is also gambling).

And it is because you can't afford to challenge yourself into taking high-risk, you can't also expect that you can win those millions in the gambling.
4530  Alternate cryptocurrencies / Altcoin Discussion / Re: LTC has replaced XRP for the 4th place on: December 31, 2020, 03:24:45 PM
Right now XRP is still holding that number 4 spot, but I don't think it will last that long, it will fall and LTE will take over. Before, we saw XRP even get the number 2 spot, but now it's struggling and it's marketcap had dropped with a serious amount. Not looking good, it might soon slide and might be out in the top 10.
if the issues won't be resolved, I believe the situation for XRP will be getting harder in the coming days. XRP holders losses their trust and expectation of it, and they are probably selling it now since the announcement has been released.

I'm not sure if this will create drama in the market but what I saw is that the competition lives on. I know that some of us here are loyal to XRP but wondering if they are still loyal to it this time.

4531  Economy / Gambling discussion / Re: No 2FA and robbed of 0.097BTC on: December 31, 2020, 02:59:08 PM
That sounds weird, I felt so bad that if ever it will happen to me. With that 2FA authentication is a big help to safeguard our wallet but I don't think scammer can also breach emails since the site itself will send email authentication if 2FA is not yet enabled.

A lesson to learn. I think everyone knows how risk and prone to scams. It was you/us to protect our account and not just be confident enough with email authentication only coz it could possibly be bypassed(as what it happens to you). And that is a reason why they are recommending to enable 2FA otherwise, regrets and losses will come near to us.
4532  Economy / Trading Discussion / Re: Are you Interested in trading? on: December 31, 2020, 02:33:36 AM
Wow.. This are very experienced traders. And I also see some of them followed eachother on twitter. Well, I will give them a try and see maybe I can learn more.
Yeah, you can hit some try but don't get fall into their trap. I mean, don't make them or these tools to work with you but it is you who have to work on your trades as a trader. Of course, you can have this tool as a learning gateway for your future reference but would like to remind you that be cautious in your actions and decisions.

Traders will never grow and improve themselves if they keep relying on others. Having our own strategy, work on decision making is very important, and the last thing is that, FOCUS.
4533  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Best altcoin to buy now on discount? on: December 30, 2020, 11:46:46 PM
I don’t know, it seems to me that only DeFi projects and damn Ripple are now at a discount.
Perhaps Ripple is the best coin to buy now if they manage to win the case. The risk is incredibly high, as is the potential profit. Pure gambling.
No, I won't risk my money into XRP knowing that they have been a compromise with the SEC, and any time soon, it badly dumps.

And I certainly not to recommend DeFi projects as well, most of them are dead already. if we are going to invest, we better have those projects that have been known in the market for a long time, with remarkable market volume, and also have good support team members because this will give you the assurance that you will never fail.
4534  Economy / Gambling discussion / Re: prediction betting platform pros and cons? on: December 30, 2020, 11:27:48 PM
No matter what site you want or what your preferences are, I would always start with a site that is licensed.
You have to build in for yourself with a certain degree of certainty that your money is safe.
That's true but that's not always the case there are some websites that doesn't have any license but consider as a reputable and trusted website well I was referring to bustabit but they are more on a online casino and not a betting website, I really think sports betting is different and should need to have a license.

I'm divided when it comes to prediction platforms because I've already tried a few myself. On the one hand they give a very good direction in which a match can go, on the other hand my chance of success was just over 50%. That's enough to be profitable if you apply strict money and balance management, but on the whole I wouldn't invest any money for it. It is the same with particular Telegram groups. They rarely manage to get more than 55% of the bets right.
50/50 is what we probably expect in gambling but base on my experience, I've only got 40% chances to win, sound ridiculous? That is why I don't give much time into prediction but much preferred to where I can maximize my skills and knowledge. However, if you are in sportsbetting, I saw the difference and our chances to win will be uplifted if we been closely following the event and in that way we are also familiarized every team performance and could be easy for us to choose which team to bet on.
4535  Bitcoin / Bitcoin Discussion / Re: What has bitcoin done to you? on: December 30, 2020, 10:52:00 PM

What has bitcoin done to you? Is it Happiness or Regret?
I don't make complain nor to say I was in regret when I miss this opportunity to hold buy bitcoin last year or even early this year and hold it till today. No, it simply because I'm not a long-term holding either and when I saw the market pump, I sell my BTC and buy back again when it dumps. What I did makes me happy and profiting, because I accumulate all of it, this could also the same if I hold it until today.

It could be regretting for me if I lose those chances I mentioned above because, in the first place, we are not expecting like this but all just a surprise.
4536  Economy / Speculation / Re: I doubt Bitcoin will dip below 20k again on: December 30, 2020, 10:29:10 PM
I also think of it that way but we couldn't be so sure after all we already seen it go to almost $20K back in 2017 but still go around $4K.
So we couldn't be so sure if it wouldn't experience a huge price drop again.
I always thought of the dump and pumps scenario as it was happening, again and again, we can't simply ignore this, honestly.

Anyway, I'm not to say that we got the deep low after this pump since we are not sure what will happen next but then, we also have to prepare for it. It is a kind of market anticipation than to be sorry later.

Going back to $15k, $10k, and the worse case below $4k. Everything can be possible as well the same as we have been surprised how it reaches to the current price.
4537  Bitcoin / Bitcoin Discussion / Re: the power of HOLD and believe on: December 30, 2020, 10:12:48 PM
as we know, the price of Bitcoin had a bear run in 2018 with the lowest price at $3k on Dec 17, 2018 and now the price of Bitcoin has reached $25k and this is the new ATH price for Bitcoin, so if you buy Bitcoin in 2018 and HOLD until now, then you can get a profit of more than 700% and I also congratulate those of you who HOLD or bought Bitcoin in 2018 when the price of Bitcoin dump.
You cant tell if they do really still hold at this very moment or havent able to sell off their coins because in all the prices that we had passed.
Presuming that 10k was the ending point for those who bought 3k and targeting 10k take profit which means they do able to sell off early.
Good for those who had held without selling a single satoshi until this very moment.I would say that it is wise to sell those coins on this moment.
If we do check out on how much you had made in a shortest possible time then you can say that you do really have some serious gains on here.
In many cases that we have been tested by our beliefs and trust in Bitcoin. For many ups and downs that we have faced in the past days, I'm also doubted if normal people can still be holding but probably they have been selling off their coins. Well, whales could make it, but if you are just casual investors because for me, I'll take every pump opportunity and sell my holdings.

Holding will it matters on the situation and not all holding will give us also the higher benefit than making a trade if there is a chance to make some profit. That why we have this Buy at Low, Sell at High, and we have that cycle.
4538  Economy / Gambling discussion / Re: Gambling as a profession: there's people who live out of gambling? on: December 29, 2020, 11:33:44 PM
Maybe only professional poker players can make some living out of gambling while the majority of common gamblers will always lose money on the long run. How can somebody make a profession out of that?
On the other side, one could think of working for a casino: that might work  Wink
Many had suffered losses while only a few make a win, that is the reality in gambling. Some make gambling as their living because they know themselves that they certainly make it. I ain't do it of course if I only lose in gambling, why I should have to stay neither?

I'm not going to wonder why some people make this gambling as their source of income is probably they are good at gambling. Only a lucky person can have this and the majority don't have it. And even I have those skills and luck, I don't still have to rely on luck but to find security and passive income out from gambling.
4539  Economy / Trading Discussion / Re: Don't buy what you can't hodl. on: December 29, 2020, 11:00:30 PM
So easy to say but very hard to follow Especially for long term investors. It's never a pleasant thing to invest in a coin and then watch your investment go low. I have come to realize that in any situation of the market, patience is much needed and also your choice of coins for investment and time of investment also matters. A simple way out is to plan your funds, dont fomo, buy at more dip, take profit at intervals.
You can't go into investment especially here if you can't able to manage your weak hands to make it strong and also your mindset. All who are in holding correspond with risk.

You're right, it is very simple to say but really hard to follow because we are not committed yet to do it and our mindset is still in doubt and worries. People who can make a long-term holding are the people who can also afford to lose their money in the future. But I know that they never think about it, they have already foreseen what will possibly be happening in the future a reason why they are taking such risk, not for losing but for gaining.
4540  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you think that planned pump and dump is ethically acceptable? on: December 29, 2020, 02:25:01 PM
Uncomfortable it is but that's how it is and I know for a fact that crypto market jas been manipulated by those pump and dump groups.
Technically, theyve used to boost the price whenever they've wanted to. These schemes have been happening since I've joined crypto industry.

That seems to be normal and a thing that we don't need to complain about but instead to accept and live the market that is full of excitement and drama.

Besides, these people are free to do what they want. And I don't think there are doing badly in fact, traders are also benefiting from this. We have a chance to buy at the deep and sold it the bearish season, this becomes possible because of them and maybe, we are so thankful for having them.
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