Anyone that is spending an amount of money that he can afford to lose on gambling, the person is not an addict.
But if someone is spending small amount of money on gambling but seeing himself not leaving gambling but prefer to just gamble and gambling taking his time, the person is an addict.
If gambling is not affecting someone financially and also not spending the time he supposed to spend on other important thing on gambling, then the person is not an addict.
Or simply does have that "limitation" but since we are talking about Michael Jordan then those kind of spendings are enourmous but he had been that denying that he isnt an addict. And here's some quite updated words from MJ with his $500,000 lose. "I felt that it was unfair that I was considered a criminal for doing something that is not illegal. Gambling is legal and betting is legal," says Jordan in an interview with Ahmad Rashad of NBC. "For what I bet, yeah, it's a little bit more than I wanted to lose, I mean, I didn't bet to lose but I lost it and I paid off all my debts. I didn't want to go to NBC, anyone else, to let him know 'hey, I lost $500,000'.SourceWell, he do have a solid point when it comes to this. Losing money that big wont really be always meaning that they are addicted ones. As long you arent in debts and compromising your finances then it should really be just that fine.
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I don't want the year to come to an end without having any Bitcoin. I have seen a lot of people here talking about their bitcoins and how their investments are going. The thing that gets me depressed the most is when I hear about the halving next year and how bitcoin prices may be influenced positively. I wish i could just have some amount of Bitcoin. However, seeing the price of bitcoin now i became restless if the price will soon go higher and i may not afford it. So i pleaded with my parents if they could support me. Seeing how curious i am they helped me with some amount in my local currency so i used it to buy Bitcoin. Help me thank them for what they have done for me. Am so happy right now.
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This is the amount in my local currency i believe it will get me up to 90 dollars of bitcoin. I am waiting for my friend who will help me buy it by the weekend.
Thank you mom, Thank you dad. And thank you Bitcointalk.
Just continue on what you are planning mate because we are really just that still approaching that halving event and if you are really that aiming for long term then its a good decision that you would really be trying out to accumulate as early as you could but of course you should not expect that much and i do anticipate that you havent still be able to experience those crashes and dips on which it would really be just that a normal experience that you would met up along the way. Make yourself that sturdy and emotionally stable because usually on noobs on which on the time that they would seeing their portfolio in reds then they would really be that tending to cut losses and this is something that must be avoided. In overall, you shouldnt really that make yourself that easily panic on the time that you do see reds on which it is really just that normal. If you are aiming for long term then accumulate as much as you could but consider out on having that DCA if ever the price drops so that you would really be having that possible maximum profitability but if this is something that a bit technical for you then just simply buy and hold for long term.
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Insurance is very good when you have assets to protect I know many people always get put off by the fees they pay on weekly/monthly or yearly basis depending on negotiations. You might think you don't need it but nobody knows tomorrow. I always encourage people to insure their properties even life. A friend of mine bought a Toyota Corolla and always complain of paying comprehensive insurance on it that it's been 4yrs now is been paying and nothing has happened to his car but kept on encouraging him that he should continue because no one knows tomorrow but this year went ahead to pay 3rd party insurance and this same year burglars entered their street and ransacked all Corollas in the area taking away everything that matters like brain box, battery etc that cost him 170k to fix back. Insurance is very good as you might not know when it will save the day and if it doesn't you will you have covered your arses Incase of eventuality Even if you dont have that tons of assets but it would be still recommended that you should be getting health/life insurances as well. Come in mind that you would really be only paying up only a small amount if we do base up on month to month basis but payments could really be that having some options whether monthly or would be quarterly or annually. It do really give out that great feeling if we do speak about confidence and having that feeling of security on whatever that might happen ahead. There's no assurance into this life on which accidents and problems could really happen and dont make out those regrets that you should have get some insurance. Although we arent wishing for those miserable situations but just like been said that we dont know on what would happen tomorrow. If you do have tons of money but still those rich people would really be making advantage when it comes to insurance yet it would be having that less expense if ever accidents or incidents happen.
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So, I longed chainlink yesterday, with 10x leverage as market appeared so good. Now, there has been dump and my position got liquidated.
I usually go with 2-4x leverage, and that gives me safer liquidation price however this time I went with 10x leverage, as I thought bulls have arrived, and it's only up from here, and you see how wrong that turned out.
Take whatever lesson you want. For me, it's to stick with 2-4x leverage with which I tend to do good, don't allow greed to enter.
I think the problem is not the leverage you use. But I think you are using a margin that is too large compared to your total capital. I only use a margin of around 5% of my total capital (Cross). And even I often use 10x - 20x leverage and it's still fine. But actually, with current market conditions, it is natural that many are liquidated. Because there has been a rapid decline. Today's market volatility is truly harder to predict. Even some of my analyzes were wrong. But I rarely trade in the future market. But sometimes do it every once in a while. Or several times a week. Because I don't trading scalping but I prefer to swing trading. Using up 10x wont really be that bad but of course you should really be needing that sufficient knowledge and capital for you to be able to hold up your position and not would be that liquidated but of course it would really be always depending on the price that had been set out.My maximum leverage on a trade would really be just that only limited to 10x and past beyond that then i would say that it would really be just that a pure gambling and this is something that you should really be avoiding in the first place. Getting FOMO or trying out to get in when the price is already peaking then it would really be just that a foolish action that would be made out by someone. This is where usually people would be making out those immediate cut losses on the time that they would really be making some negative ports. This is why as much as possible, you should really be that trying out to control your emotions specially when you are seeing that huge candle because if you wont really be that making yourself that tough when it comes to mindset and emotion then this is where usually loses would really be kicking in and this is why it is really that important on having these considerations.
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Obviously the whole "we want to make this site safe for families" is just an excuse and a lie. I think they were just afraid of getting into legal trouble and had to cover their tracks. Something obviously happened or some regulations changed for them to become so spooked. And to be honest, that is completely understandable. If I was the CEO of some streaming site, I would cut out anything which would make me legally liable. Gambling streams have a lot of bad actors like scammers, underage children and bad financial advisers. But there are other streaming sites that do not ban gambling, so it is really anybodies guess as to what is happening. It may have been an arbitrary decision by the owners and nothing more. Better safe than sorry kind of mindset,eh? It would really be just that normal for an owner to be thinking up this way and its true that whenever you are getting involved on things or business that have those big amount ins and outs then sooner or later there might be some issues that might be thrown off and this is something where these owners would really be thinking. Therefore, on the time that they do saw those kind of probability then this is the time that they would be banning or removing it out. Speaking about being an alibi for it to be a family friendly then with the current issues or topic that we do have now then it do really proves out that it was really just indeed an alibi. Banning Gambling but allowing Nudity? Totally that opposite.. Checking out above on written or mentioned above that it was revoked or cancel it out. Seems like that there's tons who do make out such complaint.
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If you must fear any altcoins, ethereum should be the last you should have doubt about, not for anything but it's a digital currency that has hope and future, there's a strong dorminance in its consistencies and has high level of reliability, what we should be very careful now is about other cryptocurrencies that are just coming and keep getting pumped each time, they may bear the FOMO you're referring to when we Invested in them and don't know what may comes in next
That is because ETH is the biggest and most trusted among all the altcoins. We won't just doubt without any reason, but there must be a reason for it. The most common one would be is we think the crypto is about to collapse and will have no chance of recovery. There is also a reason behind it, like they have done a violation, or there is a glitch/bug in their system that seems unfixable any more. Not all new cryptos that are pumping are a scam. They can be legit too and have a good technology behind them, for them to get a high demand. But you are going to be safe from any risk of these new coins, as long as you won't FOMO, and as long as your passion is already at the older and well-performing coins. There are ones who would really be really securing themselves in terms of investment via with those established old coins in the market and there are ones who do really love to play with those small caps or new projects on which we could really be able to say that not all new projects turns out to be shit. We do know that we do have L1, L2 and now L3 and possible L4 in near future on which there would really be a continous development if we do speak about those projects and about on the future. This is why people or investors would really be trying out their best to find with those potential coins and this is why it wont really be that shocking that they would really be that trying to eye with those projects which does have that good utility. Speaking about ETH then we wont really be so sure that there would be no other L1's that would be taking over and i do hear out some saying and rumors that Solana would be taking up the place? I dont think that it would be so simple but we do know that flippening into this market would really be that possible and could happen anytime. So we cant really be able to tell..
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Can you make it a profited count if your present rate of value is lower than your past? Most Bitcoin investors has been so excited and appreciating the current Bitcoin markets value since the approaches of the bullish runs while expecting the skyrocketing bull-runs. So my question is... If Bitcoin price at this era would hit maybe $47K as it was in 2022 or $68K as 2021, I am sure investors would be appreciated about the level of volatily but would those who accumulated their Bitcoins and had experienced such values in the history count an appreciatable profit? Because I feels they should be expecting a higher price value so as to beat their experience price histories.
You would really be having that kind of feeling on not to have that kind of excitement or feeling just because you had already witnessed out those numbers specially into those previous bull run cycles where prices is almost on the rooftop on which on the time that you do already see those digits and since this market had made out some correction, then that kind of excitement would really be that not present whereas it would really be different into such condition or situation that you've been seeing that you are really not be able to see those numbers wayback. You would really be having that kind of anticipation and this what makes some bit excitement whenever you do see some price rallies. Somehow it would really be just that depending on a certain individual since not all would really be that excited when it comes to price movement as long they do make out profits with those movements then this is what mattering the most. If you are a holder then you wont really be that minding that much or wont really be such an issue if ever these movements do become deep in terms of pump or correction.
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I am %99 sure this is money laundering. I mean that %1 is because I have absolutely no proof of that, but "innocent until found guilty" is when we are talking about a courtroom, not public opinion, and I can have my own opinion on the matter without needing proof. If they could provide proof who bought it and where they found the money and it turns out its some accountant who invested in apple early on and made some wealth and gave his teenage son some money to spend for college and that kid invested into this, yeah then I will believe it. But until someone offers me some proof, I will keep thinking that these are all money laundering and nothing else. That, or someone created this, and bought his own thing himself with different account, to get some media coverage about it to make others want to buy it too.
There's no way on knowing the truth behind those purchases and its true that no one on their right minds on purchasing up those pixelated NFT's for half a million dollars on which it is really just that normal for people to have that kind of impression that this is surely money laundering thing because of the amount involved and speaking about NFT thing. We arent on a NFT hype as of this moment but we do recently see some surge when it comes to nft purchases and volume but there are really things like these on which it would really be raising up some question. Due to the fact that there's no way on knowing on whose behind on such address, then all the thing we can do now is to speculate into those probabilities but without having those strong evidences. Its not new anymore into this market on which someone could really be able to clean up their tainted money via these kind of methods and ways on which it is really that somewhat effective.
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KYC will be required to all casino sooner or later , like what happened in Mixing company , Casino site is also a place where Laundering is happening and the government will always against that so in time casino will be the next target.
Mixing services can't be compared with casinos... Mixer services serve to hide the origin of the coins, you can cover your traces by using mixers, and it's clear why governments are making moves against mixers. And maybe you are right that casinos will be the next target, but that will not be for the same reasons, in many countries gambling is legal and casinos will just have to register there and pay taxes if they wish to operate. But I would like to believe that we will always have some casinos around that will not have mandatory KYC, it's the spirit of crypto... to be free and open for all. You are right and @Reatim is also right, only that the scopes at which you guys are right are not the same. There is a school of thought that suggests that casinos are m!xing money as well, this is what makes people start viewing the mode of operation of casinos with that of m!xers, but it is not like that when it comes to the business model itself. If we view it like that, you will hardly see a single company that does not m!x money for money laundry purposes, it only depends on the people operating it. There is no way we can use the two business models to judge each other, and casinos can never be a sole m!xer, that's is not their core duty. But at times, casinos launder money as well, and they get to confuse the government with transactions to achieve their aim internally, this style is never new. This is what I believe that @Reatim is talking about. However, you are right since m!xing is not their core job. Totally really depends on the operator if he would really be doing those money laundering things or not, but if we do speak about mixing money literally then we can really say that its inevitable considering about ins and outs of those funds on a certain platform then it would really be just that a normal operation. Why people do really trying out to compare both things on which we know that their function and business path would really be that different. It is really just hat gambling platforms are really that known to possible launder money but since these places or things are highly regulated then as an owner then you wont really be putting up yourself into such huge problem. Pretty sure that they are really that heavily centralized and regulated. Dont know on whats up into peoples minds on why it is really looking like a big deal when it comes to this, considering that they are really that different business model?
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For all my 5 months in trading, I'm learning only technical analysis but now everyone is talking about the concept of "Smart Money". So I think that trading is changing and speculators should stop trading based on technical analysis. Or smart money just a concept that cannot possibly work in the market,
Technical analysis works fine and everything that happens out there in the market both the news events are represented there in the chart, but the problem we as traders have is that we will always make trading mistakes in our analysis or our actions in the market, and that makes technical analysis seem not working perfectly, human emotions affects the direction of the market as trader will tend to react to the changing market as sudden events like war, bad economic news etc. unfolds, While on the smart money concept, I urge you to go study the Wyckoff schematic of method accumulation and distribution phase, you would realize that it plays out most of the time in the market. Technical works both in the traditional market and in the crypto markets. Not only technical analysis works in cryptocurrency trading and the fact that such is being used does not give the accurate conclusion to wether it could be the best of it all, we can also have some available alternatives in most times, it's in our new attempts on using any of the means or strategies in performing our trades that determines what we see in reflection of our kind of trade in consideration most times, we may just also needs to know much of ourselves than the other prediction analysis we may have. There's no such thing about accurate specially on dealing with a speculative market on which it would be just that normal that any analysis wont really be that precisely giving out that kind of result which neither you would be right or wrong and there's no way on knowing it but at least applying out any analysis is much more preferred than making out some price entries without any basis because it is really just that pure gambling. Trading does really need up that kind of approach on which it does really need up that seriousness about it.You cant just make out entries without any basis and this is why you would really be needing to plot those indicators. Just like on what some people been saying that you could really get in line with it with some fundamentals if ever its really that available because technicals wont really be that effective if there would really be having some news which it could possibly affect out the movement. You would really be able to experience for yourself about those drastic changes and be able to know on what you should gonna do next.
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That's right, it does take a long time to develop a business, because all things require a process, where the process that must be passed is not just one, but many processes that must be passed properly. and the development of a business also depends on someone who runs it, if someone can run it well maybe the business he runs can develop quickly. vice versa, if someone runs his business poorly the possibility of his business will take a long time to develop and it could even be that the business he runs is bankrupt, and this of course must be avoided one of them by running the business as well as possible.
Successful business people are not born from a short process and usually they need a long process to generate a business that can survive in increasingly fierce competition. Ideas for developing a business also don't just appear because business people who understand the market segment will definitely make studies and surveys first before starting. There are many differences between large businesses and small businesses so we can see different patterns in developing them, large businesses require a lot of capital support, networks and connections. Not everyone is born with the ability to run a business so we can see that only a few percentage are successful. Everyone has their own strengths and to see these strengths find your character even if it's not in business. yep that's right, success is born from someone's hard work not just born. of course to achieve success we have to go through many trials and kuta must be able to overcome the trials and problems that will occur in the business we run, don't think with a small business there will be no risks or problems, because of course there are still risks that must be considered for us too must be able to overcome them well if we can't overcome the risks that will occur the possibility of the business being run will stop and go bankrupt. this must be avoided with the skills we have, where we have to learn a lot with the business we run no matter with the small business, because if done well there will certainly experience better development fast development. This should be avoided, where we have to learn a lot with the business that is run no matter with a small business, because if done well it will certainly experience better development fast development. everyone has their own skills, and not everyone has skills in busines so they themselves also have their own way to achieve success in their lives the advantages and disadvantages of each person are certain therefore we do not have the right to force someone to succeed in business alone there are also people who do not know business and when he knows business he learns the business world because he thinks his identity is in the business world so someone will learn with things that he likes and that make a profit later. We wont really be able to achieve that pinnacle of success if we wont really be having that hard work and this is something that would really be that needing for an individual to do so before they would be able to hit up that success that they are longing for. If you are that someone who do really love just on sitting and waiting for some miracle then you wont really be seeing yourself on reaching out that goal. People would really be mainly minding about on having that financial freedom.Then on what way? Business and investment would be the fastest route on achieving this target but the question is, would you do able to succeed? You wont really be able to know the result until you would be able to try and this is where you would be deciding for yourself whether you should be risking it out or not. Every business do starts on being small until it would be gradually be growing but of course there would be only two possible outcomes on having a business whether you would succeed or not, it would be depending on tons of factors.
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I confirm that i had received the said amount. Thanks
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I have tried to verify your signature but could not verify it. Request loan of $220 via USDT TRC addy TQv6khDT2Mgg9oA4gdqLcZ3kjNksQXzA8B 12.17.2023
bc1qakurj3kxfnya9qwhucqcxty9dg3hh9nxjvlgxy
HyclVJeztorqvm8ozKQ+3CGH6eMYlxaS/JWtmnCPGnLGdnk43A1BG//tmThW+ITg42a5KSbDh3Au5Dh3MKWwW7Q=
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Loan Amount: $220 Loan Purpose: Personal Loan Repay Amount: $222 $242 Loan Repay Date: 1 month Type of Collateral: none USDT TRC20- TQv6khDT2Mgg9oA4gdqLcZ3kjNksQXzA8B
Request loan of $220 via USDT TRC addy TQv6khDT2Mgg9oA4gdqLcZ3kjNksQXzA8B 12.17.2023 bc1qakurj3kxfnya9qwhucqcxty9dg3hh9nxjvlgxy IAgCTccynQ/r9j14qZhwJgxidmAUQLsrhFMzPbZB0AriSQ4yyi8do4esFFw4lKVwR6xDfb/KefjzA7gpQvm/NRY=
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Loan Amount: $220 Loan Purpose: Personal Loan Repay Amount: $222 $242 Loan Repay Date: 1 month Type of Collateral: none USDT TRC20- TQv6khDT2Mgg9oA4gdqLcZ3kjNksQXzA8B
Interest only 2$ sorry. Its just a typo. my bad Edited.
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Loan Amount: $220 Loan Purpose: Personal Loan Repay Amount: $222 Loan Repay Date: 1 month Type of Collateral: none USDT TRC20- TQv6khDT2Mgg9oA4gdqLcZ3kjNksQXzA8B
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Do you still play the game to make profits? Or you plays for fun?
-snip- First, regarding your question, I do both. I have fun with gambling, especially the casino, and I also play bets to make money from it, especially from the sportsbooks aspect. Now, about the main body, it depends on how you see it, but I don't view it as you. I view this as a competition and it is not the first time it has happened in a locality, and it's for the fun of it. Real gambling is another context entirely but this is more of a competition where people win money or things. I have also thought about such if I make it very big in life, just for the fun of it and bring people together at the end of every year. After all, if someone has the money and the togetherness spirit, the end of the year is the best time to show it. The spirit of the end of the year is always unexplainable and it's a very good way to give to people even if you do not want to give to them directly. Kudos to him! It isnt something that he obliged himself on doing that because everything was really that depending into his own interest and his passion about giving back to the community via means or methods on doing such gambling on which it is really giving out that entertainment and those giveaways at the same time on which it do really give out that successful meet up or whatever it called. Not all people who are playing or dealing up with gambling can be considered or called to be addicts. We can play on anytime and we can play anytime we do want. It is really just that there are ones who are really just that trying to enjoy their retirement years and sticking into something that they've been getting used to. Its a good gesture actually on having this kind of particular step. You would really be able to get along with those old colleagues when you are still young. How great feeling it would be. Right?
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Correct. I agree with you that in investing, especially in the crypto world, relying on capital alone is not enough if it is not accompanied by a high level of patience. Apart from that, psychological factors also influence us in investing. Sometimes people panic sell when they see market conditions experiencing a significant decline and hear negative news, which makes them make the wrong decision which ultimately results in big losses.
Those who have more patience when investing definitely have wiser psychology so they don't panic easily when they see negative news or temporary price drops in the market. Capital is something that is quite important so it needs to be looked after properly when investing, so there is no need to sell when the price drops which could result in us making a loss. Because while looking for profits through the capital we have used, we also need to be patient so that we don't easily lose due to the influence of negative news. It hard for those that understand the market very well to be panicking whenever the price of BTC is falling down in the market because, they know that it will surely rise again in the future to help those that hodl till the bull run to occur to make a good profits. Once you succeeded in getting the capital to invest, you have to carry out your research to know the potential coins to invest at the moment which will not allow you to regret when the coin disappear from the market. You can sell your coins when there is a massive pump in the market and, it will encourage other investors to apply long hodling in their investment so that they will be enjoying profits from their investment whenever the price hit higher. If you've been able to see or witness those previous cycles of this market then panicking isnt something that could already happen into yourself whenever you do see those extreme dips and crashes. It cant really be called a market if it doesnt have those kind of things on which it would really be just that normal that those movements could happen neither on total random or basically been affected with those fundamentals on which its always been that a part. We cant really that make ourselves be so sure on where the prices would go since these are the things that usually been happening specially on a unpredictable market or space. Now that we are seeing that gradual increase in pace when it comes to bitcoin movement then its not a shocker anymore. You've been here on this market for a while and having these movements are just typical. Somewhat it could really be making out some impact into those people who are really just that new into this market. You wont really be making yourself get prepared if ever you arent really that someone who had been aware on how this market works.
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How about investing into small caps with the focus on technology rather than some "meme" token?
Iagon (IAG) for example just built the bridge between ETH and ADA . The project will likely deliver important solutions to shared storage issues. DYOR
I don't know how to trust Small capitalization projects now because indeed that back in the days , those small caps coins are best as they can go hype easily but nowadays they have been used by scammers to make their projects looks legit with lower caps but ending they are not. Iagon maybe a good target but lets see if OP find this better though I doubt that he will still visit this thread of him. If you are somewhat a gambler or risks taker and have some funds to burn then i would really be loving on trying to hang into those common DEX's. Poocoin Dexstools Dexscreener When speaking about hunting for low caps. Somewhat its never been that something simple if you are really that tending to engage on buying with those coins into its earliest time but honestly you could really be able to hit up 10-20x so easily if the price would really be that totally make some trending. Somewhat it is really that considered to be gambling considering that there would be no TA that would work into this time specially into the earliest moment. It would really be a hit or miss kind of choosing. Still it would really be that relevant if you do make out some research with those recent or newest project. You could actually be able to see about dev status and their websites or even trying to see their tokenomics. Just like been said earlier that it would really be that still a hit or miss i should say.
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Finally someone said something like this: „You are right, its seems like the user is promoting its platform, but the thing is, he doesn't even have a copper-member-account to boost the promotion, and also the post is lacking in something: It lacks in information or elaborating its platform at least.“ The thing is, if you are promoting, you want to attract users, then better give effort in your Promotion Statement, not just putting your Link and thats that.
Copy trading is not bad, but the thing is, if the traders become so relying on that, that they forgot to improve their trading skills and just rely on copy trading as they are earning. But what if the trader, you are copying, loses the trade, will you blame him or yourself relying on others? Well, everyone has the rights to choose what they want to do, its their own money and risk.
We're proud whenever we win but becomes very cold within ourselves when we lose money. The risks encounter, is worth it? I don't think so because the market have grown to become popular and only those traders are acquainted with the system can eat really good from the trades triggered, some say its mere luck but I believe it to become working with the right team and milking the system becomes very easy. Copy trading happens to become one of the easier way to grab golden opportunities in the market, a trader tends to become more open to earning from the market. You do say things to be bit more like that so simple or something that would be easy. Yes, technically speaking then someone could really be able to have those copy trades on which they would getting in line with those top traders on whom they would really be copying into but always make yourself that be prepared for whatever circumstances that you might be able to encounter because not everytime a trader would really be that profitable. There's always a drawdown and when that time hits or comes then pretty sure you would really be starting on having those doubts and stress that you shouldnt have done that earlier. It would really be that common that people would really be finding those regret moments on the time that they are experiencing some declines or loses but on the time that they are seeing greens then they would really be just that too optimistic or really that too hype on things on which it is really just that a common scenario or something a situation that people or to those copy trading peeps would really be having.
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