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4621  Economy / Trading Discussion / Re: 5 Bear Market Mistakes to Avoid on: November 10, 2022, 09:03:16 AM
If you invest in crypto and choose bitcoin, you are not said to have lost money if you have not sold your bitcoin at a time when the price drops like now. And if you hold on to it when the price is down, and you can even buy more bitcoins when it's down, you'll see the profit coming when the price starts to increase. And that's when you can sell your bitcoins and take big profits. So in investing in bitcoin, you better do it for the long term. At least, you can hold it until the price can increase so that the profit you get will also be big.
Everything comes down to holding even in bad times, if there's a possibility adding more is always a good move, especially in a bear period when most of the prices are down. Sticking with the top coins is always advisable, Bitcoin, Ethereum, BNB, and some other coins will not disappoint in the long, they never did. A bear market is testing our patience and will, but instead of overthinking it (that most likely will lead to some mistake) simply holding and focusing on how to get more coins is the best strategy in these times.
It's true what you said. This bear market really tests the patience of all of us, so we should try to use this bear market for our good. And if we can see an opportunity to add more, we should do so but don't immediately buy in bulk because the chance for the price to drop is still there. So you better buy gradually so that if the price drops again, you still have money to buy it again. And buying the top coins will allow you to earn bigger profits, while the other coins may not go any higher.
4622  Economy / Gambling discussion / Re: Quit gambling today and lesson i learnt on: November 10, 2022, 08:50:07 AM
Stay where you are good at and if a decision you have wanting to quit then just do it for good. It may hard at the beginning and you'll feel that you're going to win back those losses and you might experience those huge wins again, just don't think of it.
Clear your mind and have yourself really set for quitting and don't ever go back again. But most gamblers tell that and eventually, they're coming back and playing again.
As long as their desire is stronger than to return to gambling, they will not return for any reason because they want to leave gambling. And if they can not return to gambling, they can gradually forget about gambling and use other activities to not think about gambling. And everything will depend on how strongly he wants to stop gambling and cure or eliminate the desire to gamble. Once he had really mastered himself well, even if he returned to gambling, he would be able to quit whenever he wanted because gambling would not attract him like before.
4623  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Can FTX Token Beat Its All-time High Of $100? on: November 10, 2022, 07:21:06 AM
If FTT can go down to $1-$2, maybe I will consider buying FTT, but if not, I think I'll also buy it to have some FTT coins and not think if the price can reach $50 this year. $50 will be a difficult target because the decline in FTT prices will continue under these conditions. If you want to buy FTT, maybe you should be patient and wait for the price to drop to $3. But the risk remains with you if FTT somehow disappears from the market. But I also don't know what will happen to the FTT exchange. So you need to think twice about buying FTT. Meanwhile, the FTT price is already at $4.27, which is already down about 71% based on CMC.
I think investment on FTT is so risky at this time. If we see this a condition we faced some days ago for LUNA. I'm not saying that it will happen surely but there is a big chance to lose our valuable money here. It is so volatile at this stage and that's why we should avoid it. Besides, if you have enough money then you can buy some and hold strongly for future.
Yes, it might be very risky right now, but that's okay because I have free money that I don't use for anything. So maybe I hope the price can be lower than it is now so I can take the opportunity to buy it at a low price. After all, it's not big money, so if FTT does lose value, that's not a problem for me either. And with the current market conditions, it will be very difficult for FTT to recover or survive, but maybe we will see something from this FTT project in the next few days or weeks.
4624  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Can FTX Token Beat Its All-time High Of $100? on: November 09, 2022, 04:39:11 PM
If FTT can go down to $1-$2, maybe I will consider buying FTT, but if not, I think I'll also buy it to have some FTT coins and not think if the price can reach $50 this year. $50 will be a difficult target because the decline in FTT prices will continue under these conditions. If you want to buy FTT, maybe you should be patient and wait for the price to drop to $3. But the risk remains with you if FTT somehow disappears from the market. But I also don't know what will happen to the FTT exchange. So you need to think twice about buying FTT. Meanwhile, the FTT price is already at $4.27, which is already down about 71% based on CMC.
4625  Economy / Trading Discussion / Re: 5 Bear Market Mistakes to Avoid on: November 09, 2022, 03:31:30 PM
If you invest in crypto and choose bitcoin, you are not said to have lost money if you have not sold your bitcoin at a time when the price drops like now. And if you hold on to it when the price is down, and you can even buy more bitcoins when it's down, you'll see the profit coming when the price starts to increase. And that's when you can sell your bitcoins and take big profits. So in investing in bitcoin, you better do it for the long term. At least, you can hold it until the price can increase so that the profit you get will also be big.
4626  Alternate cryptocurrencies / Altcoin Discussion / Re: Is the bear market over? on: November 09, 2022, 09:42:24 AM
The bear market will end in the present, when every day the entire market, including forgotten and unnecessary altcoins grow by 20-30% per day, practically without stopping.
What is happening now is essentially fluctuations inside the bear market that do not decide anything, one of the altcoins can grow with the market or against the market, but in fact all altcoins depend on bitcoin, which is like all these years, all of these years, all It also moves the market for a large one.
That's true, but right now, it looks like the bear market will not end because I guess that the price of bitcoin has not been able to increase sharply and can only rise little by little. So it seems the crypto market still needs some more time to start the bull market. Meanwhile, several altcoins are starting to move and stabilize in price after a sharp decline in the past few months. And if this condition can continue, the altcoin season may come first, and then the bull run for bitcoin will follow, and maybe it will happen in the next year or two years.
Bull cycles in the past began when Bitcoin going up in the first place, but altcoins started rising later, when it was clear that BTC was out of the bear market.
Now the growth of altcoins can be seen as either random, based on some news/gossip, or as someone's manipulation of the asset, which, however, does not prevent one from trading these altcoins to earn more bitcoin if you want to.
And there is another good definition of a bull market - everyone earns on it, literally everyone and everyone understands that the market is growing.
But when the bear market comes and lasts, everyone begins to understand that the market is not bullish, already when the assets have decently fallen in price and are not going to grow.
It's about that time.
Finally, bitcoin experienced a sharp decline today, seeing its price in the $18k range after yesterday's $20k price. This makes the crypto market get a red candle we don't know when it will turn into a green candle. This is a good opportunity to buy many potential coins, especially bitcoin, which is decreasing drastically. This impacts altcoins experiencing a decline as well, and some of those altcoins still seem to be trying to survive this bear market. But hopefully, this condition won't last long, and it will turn green again so that we can profit after buying many potential coins.
4627  Economy / Speculation / Re: How fast will Bitcoin fall down? on: November 08, 2022, 03:00:07 PM
I'm curious about what the new blockchain will look like. But maybe it wasn't like the blockchain we are familiar with but something completely different from the current blockchain. Two things will happen. First, bitcoin will remain the way we use it today. And second, bitcoin and new technology will compete to be the best of the two.

And if the new technology is better than bitcoin, maybe bitcoin will lose the trust of its users and will be abandoned by them, and that will cause bitcoin to fall rapidly. But we never know what kind of technology can make bitcoin crash.
4628  Economy / Trading Discussion / Re: Friends and Family members want me to invest for them, help! on: November 08, 2022, 12:14:58 PM
In my country up to 7 people I knew very well ( friends and family ) want me to help them invest money in crypto, after telling them the risk involved and how it will be better if they learn themselves they turn the idea down..

Now they want me to invest their own money on coins and they aren't ready to choose the coins they will like themselves.

After thinking this through and through I started feeling like they are doing this to hold me responsible if something goes wrong.

Is my thoughts right? If you are in my shoes what will you do?
I stick to my previous advice by saying that I will help them invest, but they will keep the BTC in their wallet. I will always emphasize never being influenced by price fluctuations because it can cause them to panic and sell their BTC immediately.

You can also get them to learn together about investing in crypto so they can understand and start trying to buy coins and keep them for a while. My advice is don't keep the coins in your wallet because you can be burdened if the price drops drastically. Make sure they fully understand the risks of investing in crypto and stay with them while studying.
4629  Alternate cryptocurrencies / Altcoin Discussion / Re: Is the bear market over? on: November 08, 2022, 06:57:08 AM
The bear market will end in the present, when every day the entire market, including forgotten and unnecessary altcoins grow by 20-30% per day, practically without stopping.
What is happening now is essentially fluctuations inside the bear market that do not decide anything, one of the altcoins can grow with the market or against the market, but in fact all altcoins depend on bitcoin, which is like all these years, all of these years, all It also moves the market for a large one.
That's true, but right now, it looks like the bear market will not end because I guess that the price of bitcoin has not been able to increase sharply and can only rise little by little. So it seems the crypto market still needs some more time to start the bull market. Meanwhile, several altcoins are starting to move and stabilize in price after a sharp decline in the past few months. And if this condition can continue, the altcoin season may come first, and then the bull run for bitcoin will follow, and maybe it will happen in the next year or two years.
4630  Economy / Gambling discussion / Re: Two Gambling Stories on: November 08, 2022, 05:16:45 AM
I think the issue here is that the penalty for stealing depends on what the person did with the stolen goods, but I think it shouldn't.

It shouldn't matter if you put the money in the bin or won the lottery with it, the penalty for stealing it should be the same in both cases.
It should be, but it's different because the girl didn't file a police report about her boyfriend stealing her money and maybe she didn't because seeing the profit she would get from what the guy won, people can change a lot when it comes to money moreover if the value is fantastic or at least it can change life.
After stealing the money, the girl could have informed the police if she wanted but she didn't do that. Here She shows her emotions towards his friend. But the behavior of that friend was not good to me, if he had given half of the percentage of the money, I would have considered him as a honest, but the behavior of that friend is completely different, he can never be a good person. After all it is true that a gambler's life has changed by the winning.
If the girl really didn't report the guy to the police, he should be grateful because he didn't have to be involved in the theft case and as a form of gratitude, the guy could give the winning money to the girl. Although not entirely, it can make the girl happy to receive the winning money. But hopefully, the girl and guy's relationship will end because of his dishonesty in stealing her money. And hopefully, the guy also realizes that what he did was wrong so if he still intends to continue his relationship with the girl, he must be able to change for the better.
4631  Economy / Gambling discussion / Re: Minimum deposit and minimum withdrawal. on: November 08, 2022, 02:01:38 AM
On my part, I think I won't be moving to another casino simply because I don't have the minimum deposit for my casino of choice yet. For me, the minimum deposit is not the determining factor in choosing a casino. There are many other bases in choosing a casino and it is not a very special consideration that a casino should have a very low minimum deposit, although it definitely matters. So I guess I would just save more money and go back to the same casino as soon I have the necessary amount.
Indeed, the minimum deposit is not the determining factor, but maybe that is what people think before they choose their casino. But we can say we are lucky because there are still some casinos with very low minimum deposits, and those have such a good reputation that it becomes a place for us to start gambling. What we need to pay attention to is that the casino has to have a good reputation, and I think we already have that casino. And actually, we don't need to move to another casino if we have found a reputable casino with a low minimum deposit.
4632  Alternate cryptocurrencies / Altcoin Discussion / Re: Binance's BNB price reached new ATH against Bitcoin!!! on: November 07, 2022, 04:24:54 PM
Yes, I also saw BNB rising sharply and managed to sell some BNB and make a profit from it Grin

But now it looks like the price will return to the previous low because bitcoin's position is also still experiencing another correction. Congratulations to those of you who have sold BNB at this high price, and hopefully, BNB can get or reach the previous ATH price and create the next new ATH.

But it is still difficult for BNB to take over the number 2 position on the CMC or Coingecko because we know that ETH is a strong coin that will not let any coins beat them. But I will be glad if BNB can return to its last ATH and try to break the next highest price.
4633  Alternate cryptocurrencies / Altcoin Discussion / Re: Elon musk have Just a year to make back his money🙆 on: November 07, 2022, 03:08:32 PM
That's assuming all Twitter accounts pay a fee of $8 per month, but if only a small part pays, Elon won't make much money, although it's still extra income for Elon. I'm not sure many people will agree and pay that monthly fee, and maybe they'll move on to other social media that doesn't have to pay any fees. Yes, Elon is a genius, but unfortunately, he uses his genius for his own benefit.

Hopefully, not many will pay the monthly fee, so Elon doesn't get a lot of extra income Grin
4634  Economy / Speculation / Re: BTC, more closer bullish days ahead. on: November 07, 2022, 01:55:21 PM
I also feel like we are getting close to bullish days compared to start of bear run back in time. Price sort of stabilized and I feel that demand for Bitcoin is far bigger/better compared to 2 months ago. These are key reasons Bitcoin may surprise us by entering bull run. February 2023 seems plausible for start of next bull run. I plan to buy Bitcoin around march/april to guarentee myself honestly. But its hard to be sure of this.
Maybe we can predict the bullish days are getting closer, but unfortunately, before that happens, we will see the price fluctuate more and more and can make our predictions change too. Maybe you can start buying bitcoin from now on because the price is still at the $20k level, so if the price starts to climb up, you don't miss the moment to buy bitcoin at a low price. Every decline in bitcoin allows us to buy it, but it will depend on your strategy to determine when to buy it.
4635  Economy / Gambling discussion / Re: Parents And Their Children In Gambling.. on: November 07, 2022, 12:48:07 PM
For father, I can say that he can gamble out his money according to his wish as he knows what he is doing due to his experience. Also, that particular money belongs to him, so we can't impose any restrictions upon him for spending his own money, but as far as they're concerned, teaching the value of money to the children is significant. Also, as per Nevada's state laws, he was underage and legally isn't allowed to drink and gamble, so he was not supposed to do that; the responsibility lies with the parents to prevent him from performing any illegal activity.
Parents should be blame the way children handle money. Any child that spends money with no control, I believe the parents  allow such freedom to be so. A child who has a good up bringing will never spend money in a wasteful manner.
We have seen many cases where a child is allowed to spend money his father gave him without any lessons on how to save his money or use their money for their own good. And his parents always pampered and obeyed their children's wishes. This makes their children arrogant and wants all desires to be achieved immediately, even though it is not necessarily good for them. We certainly don't want to see our children trapped in gambling without a way out, so we must monitor their association well and not just let it go.
4636  Economy / Gambling discussion / Re: Minimum deposit and minimum withdrawal. on: November 07, 2022, 10:12:10 AM
In my case I think I would rather not proceed gambling if my tight budget is below the minimum. I am not a rich man so I cannot afford to just adjust with a casino's minimum. Perhaps I might save a little more so that the next time I really want to gamble, I'm sure I have the money to at least allow me to play. And I think this is better so that I won't end up gambling all the time. If the minimum is so low, I might end up gambling every time I have a little extra money. That would not only be a big waste of money but also time.
We are the ones who have to adjust to the casino because we are the ones who want to gamble. If the minimum deposit is above our budget, we are better off looking for another casino that has the lowest minimum limit of our budget. It won't force us to try to deposit some budget to gamble. In addition, we also don't need to change the budget we have just for gambling because when we find a casino with a minimum deposit that is lower than our budget, it means we can deposit more than that and play gambling. By knowing the casino with the lowest minimum deposit, we don't have to worry about how we can increase the amount of the budget and not use the budget for other things.
4637  Alternate cryptocurrencies / Altcoin Discussion / Re: What would you do? on: November 04, 2022, 08:00:08 AM
I'm not a Solana investor, but I have a few Solanas currently and am still keeping them and waiting for the price to go up again. If you also want to invest in Solana, I suggest you don't buy using the all-in way because that would be riskier with any unfinished business in the project.

Better you choose to invest in ETH, BNB or other coins that might be better than Solana. But if you still want to invest in Solana, do so with caution and only use the money you can afford. We don't know what will happen to Solana, so being vigilant is necessary.
4638  Economy / Trading Discussion / Re: How to improve your trading results? on: November 04, 2022, 05:22:14 AM
It is not that hard. If you are following one strategy, could you be consistent with it? Could you tweak it as long as you didn't find your desired results? If yes, then you can improve yourself to the next level. Sometimes people follow a strategy, and if it doesn't work a few times, they abandon it. Every strategy can work. You need to find the right way to use it.
Using strategies is difficult to change circumstances for profit, so every trader needs to have many strategies that the strategi can be used based on the conditions that occur in the market. What they need to have is good analytical skills so they can find gaps to enter the market and buy at the right time. This requires continuous experience and learning, and it takes time. Maybe you can use one strategy in certain circumstances, but at other times, that strategy will not work anymore because of market price fluctuations that occur every day.
Having a lot of strategies packed up, we also have many options which one is likely applicable depending on the market condition.
2-3 strategies might be good enough but I suggest not just focusing on building and creating strategies but rather building and enhancing our knowledge and skill as this will also influence the results of our trades. Because you can't appreciate how good is our strategy if we also lack of knowledge and experience.
The more strategies, the better because it will be useful to deal with unpredictable market changes so that we can adapt to all situations and conditions. Increasing our knowledge and skills in the analysis is very helpful in timing the trade so that we can expect to make a profit every day or week. And strategy coupled with analytical skills will give you much better results in trading. It will also help us to stay aware of all the changes in the market.
4639  Economy / Gambling / Re: I won 1500 dollars on a ufc fight + quit gambling on: November 04, 2022, 03:01:53 AM
That is really worrying, since we know where this compulsive behavior is going to take him... After so many winnings it's a pity he is unable to control his emotions, because all these huge prizes can be lost overnight if he doesn't stop. I just hope he takes conscience regards the special luck he is having by now (very few gamblers achieve it), become grateful for that and doesn't develop greedy or addicting behavior, otherwise it can be his ruin.
It is a risk that a gambler who cannot control his emotions and is too greedy to get more wins when he already has enough money to quit. This behavior can happen to many gamblers, especially if they lose control of gambling and don't see that what they have won is already a lot. They need to stop immediately before they lose all their winning money. And quitting right away is a good way to prevent the devastation that could happen at any time before it's too late.
If you keep gambling without any success of good profits them I don't see any reason to keep gambling since there is not consistent profits. It is very risky for us to keep gambling with bigger funds unless we can really afford it and if we lose we can still can still what we are doing. Gambling is very manipulative at times betting on a gam you think you will win and at the end you never had any winnings. Some persons might have a big winning and use part of it to try luck and still not win.
Agree with you because it won't do any good other than just losing more money. I'm sure no gambler wants to lose a lot of money. And if we cannot see the risk of losing large amounts, we better try to control ourselves so as not to lose money again. People with big wins are very lucky, especially if they can stop immediately when they have won a lot. That will allow them to enjoy the winnings while the losers don't have to continue gambling.
4640  Economy / Gambling discussion / Re: Parents And Their Children In Gambling.. on: November 04, 2022, 01:31:29 AM
The good thing about money management is that it can be taught at a very early age, you can teach your kids about how to manage the allowance that you give them each day or week and how to use it more effectively, and while the amount of money will be on the small side they will learn how to try to get the most out of their money. and this is a habit which will remain with them, a habit which is very useful as this will allow them to be ahead of their peers and get the same assets but for a lower cost.
It would be better to teach children about money management at a very early age so that they can learn to manage their finances well. And if they can do it, their finances will be more organized, and maybe they will have a better life than ours. And as parents, we certainly will be happy if we see our children happy, and they can also teach the goodness we have taught them. This will be more effective for them in managing their finances than teaching them about things they don't really need in life. If this can be successful for them, who knows, they can also teach the same thing to their friends.
By the way, one of the aspects of such training is obviously separate lessons on how to manage capital in case the child decides to gamble with money that he got from his parents. 
This is where the father himself or, for example, the older brother, should sit next to the computer and make sure that the child does not make stupid bets and from childhood get used to prudence and calculation of his capabilities.  But of course, it is better that he plays such games as little and as little as possible and begins to try games in his later adolescence. 
I think that now almost all teenagers go through such games.  And it would be nice if they would not become gamers.  It's up to the parents to keep an eye on this.
If parents or older brothers try to teach money management in gambling, I don't think it will be easy because we see that children are still unstable and can be provoked by emotions to spend all their money in one round. They can do this without their parents or older brother knowing, especially if they are often alone and busy using their cell phones. Parents don't need to show children betting sites because they are more curious than adults. That can trigger them to take a closer look at the site, and maybe they will register themselves to look into the site. In the end, they can easily ask their parents for money for other purposes when they use the money to gamble without their parents knowing.

Inside their young minds, being an explorer might harm them. They are more curious, just like what you said they can be provoked to go all in or yolo all their money in one round, putting them in regrets and wanted to play for more. It's difficult to control such kind of behaviors as even us adult are also prone to mismanage our funds while playing inside gambling.

It's best not to let your kids be left alone. Always be a good example and guide them towards their journey in life.

Be the parents/guardians that always know how to understand and are willing to help in case something wrong happens by any chance.
When a child gets provoked for what has happened, they tend to move unconsciously and can immediately place bets in larger amounts than before. This also happens to some adults. Their unstable emotions will also prompt them to continue playing gambling.

Being a parent who always accompanies their children in living their lives is very important because we want to see them happy and can also do the same for their children later. What we teach them will be passed on to their children, and if this has become a habit, we can feel the joy of seeing our descendants become responsible children for their lives and their families later.
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