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I guess that is a problem for everyone who wants to trade or start investing. Before someone starts, they should be able to find more information related to crypto and it will depend on their creativity to find crypto news. If he can get more information, it will help him know what to do and make decisions at the right time. He can also avoid scams that often occur in crypto.
And if you have found valid information, you must practice it so your abilities can develop better. It will also help you to be able to profit in trading and investing because you can find the right coin to start with.
What @OP did helped him find a lot of relevant information but it's not necessarily useful for others. And this is why everyone must be able to find their own way of finding the news.
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Right now, the best strategy for bitcoin and ethereum is to buy on a DCA basis and hold both for the long term. But it will look difficult if we don't have the basics to analyze when we can buy it because the price will still fluctuate. But if we can analyze consistently, we will find a gap to enter the market and buy it at a low price so we can hold it without worrying. And right now, you may need to wait a bit because bitcoin and ethereum are getting a pump, so the price goes up to $20k. You can wait until the price is back to $19k or even lower if you want to buy it or you can also buy it now for small money to see how it goes.
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So will this pump continue until it reaches $24,600? It would be interesting if the pump could go to that price. I wonder what will happen after the price can reach that price because if nothing happens out there, the price can get a correction, which can go lower price again. And I am worried if that will really happen later. So we must be careful in this situation. But this situation is explained to us that bitcoin can get stronger soon and will reverse the situation for to better. Hopefully, it will push the price to break the higher price and back to $30k. |
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~snip~
but this is always depend on how the person involved what to do in His winnings , I have a friend that only use a single bet with High amount so if happens that he is lucky then wins will be enough , and same if he losses that he will go out from betting. because he believes that if Luck will be On his side then it will come even in single bet. maybe this is what we need to understand and learn. _________________________________________ About the question , My last win is just a hundred bucks but I treasure that because that time? i really needed a money. If he could accept the risk, it would be fine to bet high because not many people could. Your friend is one of those who dare to take risks, and I applaud him because he doesn't think much about winning and losing and only plays once. A $100 win is pretty big because few of us can get it. I think you are one of the lucky ones to win that money and appreciate the win. I hope you can win more money another day. ~snip~
Be smart if you have that opportunity to win big. Quitting or stopping is the best option to enjoy that money. If you are able to quit before losing everything back, then you are wise enough to enjoy and make a use of that money for your luxury. Though, like what you mentioned, most of the gamblers are not aware and they are trying to win more instead of quitting right after making that huge win. It would be a wise decision if you could quit after winning a lot of money so you can enjoy the winning money and it's really worth it. But most of the gamblers will probably continue playing and try to get another win and can't stop enjoying the win. |
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~snip~
There are too many people who think that their investment is the one that will be the hidden gem, you could find 1000 different people who will shill 1000 different coins or tokens that will be the hidden gem that's going to be their thing. We all know that it's not going to be like that and we are going to end up with something that is going to end up with a good amount of drop in value and all these people will be upset about people not investing into their good project instead of realizing they invested into something that was bad. This causes them to not learn any better, and then invest into things popular, instead of fundamentally good things. If they could indeed analyze every coin or token on the market, they might find the hidden gem. But most people follow other people's advice to invest in a project that might be the next hidden gem without researching or analyzing. This has been the case all along, and even though we have told them to do some research, they still fall into the same hole, and instead of making a profit, they end up at a loss. But what will be a hidden gem is bitcoin, and altcoin will complement bitcoin, but we have to select which altcoin can be the next hidden gem. |
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~snip~
If i just say the ratio of big wins to losses then many big wins are equaled by big losses. In this case the gambler may fail to utilize his big winnings. But since it is part of Gambling, it has to adapt. Everyone has big wins and losses that may be proportionally large amounts or small. But in fact, big losses are more common for gamblers. They even experience greater losses than their wins. This keeps many people from using the winning money they previously got because he wants to chase more money from their next win. But unfortunately, he couldn't get it after getting his previous victory. And we must be able to learn to stop immediately after getting a win, especially a big win, because it is not worth using that winning money to chase more wins. |
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If the market is going to fall deeper than it is now, then let it happen, prepare your money to buy it, and don't let the opportunity pass. Maybe it's true right now bitcoin needs more time to reach the last ATH or, let's say to return to a higher price than now.
And right now, bitcoin is still in a bear phase, so we don't know when this will end. Many say that next year will be a momentum for bitcoin to rise again, but that is only their prediction. We can also make predictions like that, but bitcoin is moving wilder than ever, so it's still a mystery to us. But there is a possibility that this trend will change considering that more and more people are joining bitcoin.
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I am trying to show the image by saving it and uploading it again. Here you go:   I think it is a big luck to win such an amount as you don't realize what you are doing, and voila, you see the results that you won a big amount. If the site doesn't ask you to do KYC, that is good because you can withdraw all your big winnings and enjoy the money. It is rare to get that big luck, but you got it by accident, so you are the lucky person for that. Congratulate @OP. Hopefully, you can use the money right and not spend it on something that is not useful for you. Note: Perhaps, you can show us that you can withdraw money so we know that you are not facing a problem doing that. |
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Bitcoin can handle cross-border limitations that cannot be reached by fiat because users can send large amounts of bitcoins for one transaction and arrive in minutes. Transaction fees for one delivery will also not be too large compared to if we send money in fiat form. But maybe this is what the government and banks don't like because they won't get any fee income from the transaction, so not all countries allow the use of bitcoin as a currency conversion.
And if bitcoin can get more users, including people from the government, maybe it will allow people from the government to realize what the primary use of bitcoin is. But it can happen in the future after all countries experience financial problems, so they will see that only cryptocurrency/bitcoin can solve it.
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What are some hidden gems you guys know of? Solid crypto projects that have a great product but haven't really marketed themselves
If that is about altcoin, we could be wrong in saying that one or two coins can be the hidden gems because, from all of the altcoin lists, it is very difficult to know which altcoin can get a massive increase in the next altcoin season. Every altcoin, especially in the 10-50 coins lists, has the potential to increase, so if you have big funds to invest in the altcoins, you can buy one by one of the coins, so you can expect to make some profit from that. But that will not be a good decision because you will confuse to manage your time checking the coins one by one. |
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When we big win, the mind gets triggered to make big money all of the sudden or loss it immediately.
Yeah, that's how human nature is. That is one of the reasons why gambling/casino still exist today since the ancient times. Its industry is getting bigger and bigger, new casino are popping out like every month, like it is really profitable to do a casino business because of these human gambling behaviour. Once we win a large amount of money, we will think that this is our lucky moment, and if we play one more time, it will definitely give us another win. But unfortunately, that's not what happened because we have the potential to get lost after that big win. And if asked how many wins we've ever gotten, maybe the answer will be different, but I'm sure some often get big wins in gambling. I have never had a big win. |
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it's not that easy to abolish corruption in every country if the force of law is not strict about this corruption problem, there are many countries that don't have special punishments for corruptors sometimes (sorry) law enforcers can still be bought
but there is nothing wrong , if the younger generation is given an early education with consequences if corruption.
implemented, it will not all return to the individual
That's because corruption has existed for a long time and seems to be taught to the younger generation that corruption is common. And that is why it is very difficult to eradicate corruption because if the lowest level law enforcers are punished, those at the next level can still move and are still protected by the highest level. But if the younger generation wants to uphold justice and is given a high position so that they can eradicate corruption, maybe it can be done. Still, we don't know how long it will take for corruption to be eradicated. For this reason, the younger generation needs an honest, brave, and responsible attitude and has the desire to eradicate corruption from the bottom to the top. And if more young people can do it, it may have a higher chance of fighting corruption. |
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since all of investors, traders focus and believe in bitcoins. that's the all the truth we all know. but we can miss the jems which could give high potential to gain more return than BTC because of that. i was thinking about what coins could be the next 50x - 100x gains. i think we should mainly focus on top 300 with higher market caps with lower price and supply. I believe that, we can simply gain more from them and then re invest on BTC which is the trustiest.
I don't believe in short term taking profits so I would still choose bitcoin with good stats of proceeds in long term so Maybe looking for Gem isn't part of my literal plans though i am still engaging in cheap coins for a small chance of finding Gem. but in totality ? i understand that this is truly a one chance of a lifetime tha everyone in crypto is dreaming. The current conditions are indeed quite difficult to get short-term profits, we must be able to read the situation and Bitcoin is the right choice for the long term, besides that it takes time to find gems because it's not that easy For me, rather than being confused about selecting the altcoin, it is better to invest in Bitcoin and do that for the long term. And I don't know which coins can be the next hidden gems since there are many altcoins in each exchange that can increase higher in the next altcoin season. Perhaps, the top 10 coins can still sustain their position and jump higher than the last ATH, but the other altcoin will have their chance to increase. So be carefully selecting the coin, and don't pick too many altcoins because that can confuse you to choose. |
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I haven't heard any good news about privacy coins this days, it seems that people are losing interest in privacy coins because of regulation? Also privacy coins have bad performance compared to other altcoins, what is going on? Can privacy coins survive on the long run?
If we go back a few years ago, coins privacy is still alive and even now it still has the support of every community, maybe the interest of most people has decreased from now on. The development and the products they provide are too slow. So they can't compete with new projects that currently exist. As of today, some of the investors and traders of privacy are just waiting for their value to soar and that's the reality. Privacy coins today are just worthless if no people are interested in it on not using them to trade with other people that use their own platform since using an online exchange is not really part of the scope of anonymity. That's because now there are more choices of coins that can be used as investment coins so those who previously invested large amounts in privacy coins try to choose other coins. But they still provide support for privacy coins and look for other alternatives to get more profit. This is a wise choice that everyone can make, whether he supports a certain coin or diversifies his funds in other coins to help him make more profits. So we are not only fixated on one coin choice but can have many investment coins. |
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Only course of action for me is to let other people know that this platform doesn't pay up. Trying to do things involving legal action should only be a last resort and shouldn't be something that you should think of initially because this may even push the platform into not paying up. They will be scared and will even give you a harder time, so just let other people know of what's happening and that's enough since it threatens their business once people found out about it.
Perhaps, we can do that so that other people can be careful when they play on that casino site and not try to win the games there. This will help them avoid that casino and choose another casino that does not have such problems. And maybe this can be a clue for the casino so they can introspect on what they have done to their previous members. If we decide to take legal action or take it to the legal department, I don't think it will be easy, and it will cost money to get it done. The casino will try to thwart our efforts, and if we don't have much money, we can lose against the casino. |
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~snip~
That's part of the game, if you don't want to lose your investment in case that the value didn't pump that hard or if in case that it dumped a lot, the only thing to do is to hold and wait while earning from the rewards that the house is providing while holding the coin. Yes, holding on and waiting is the correct answer if you don't want to miss the opportunity to make a profit. But unfortunately, people tend to panic and not be calm when they see the value of their investment decline, even too deep. This is what keeps them from taking advantage of the investments they make. And actually, the casino tokens they invest in have a chance to rise later when the altcoin season arrives. ~snip~
Staking will be so bad if the price was going even lower. This is the truth about the gambling tokens. Im sure that if people aware about the all time chart from whole of gambling tokens in the market. The difficult thing is to listing the gambling tokens into the centralized exchange site with good grade. I meant so many gambling tokens can be listed only in dex. Not really. I mean, if you can choose the casino token, I think the price can go up too high one day. And even though the price is not as high as other altcoins, that's no problem, especially if you've managed to collect a lot of returns from staking it. That means you can also get a decent profit. Some casino tokens are not listed on centralized exchanges and are still on decentralized exchanges. However, as long as their token casino prices can compete with other casino tokens, you can still make a profit. |
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Thank you for accepting me. I already updated the signature code and avatar.
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I will happily wait for Litecoin to explode like last year, as I have already sold several Litecoins and made huge profits. Litecoin, one of the oldest coins besides bitcoin, still has the opportunity to rise again because the community still supports Litecoin so that it can get more investors. But I have no idea what the highest price Litecoin can reach is because it looks like the ATH price last year was very high while the current Litecoin price is falling hard.
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I think this post and the post of coin gecko would somewhat serve as a sign or a perspective on what Bitcoin can do in the long run and how its importance in the world, not just as a speculative asset. But it's important not to forget people who have also purchased at the top and lost money right now. But if they are to wait and believe that it could go back, it is going to work.
That is, if people can see the potential that bitcoin can give them. But unfortunately, people don't think so and only want short or medium term profit and only make bitcoin a speculative asset. I think some still hold their bitcoins even though they bought above and lost, but they realize that buying at the bottom can reduce their average buyer price so that their purchase price can go down if they still decide to buy at the bottom price. |
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Bitcointalk Username: maydna
Current post count (Including this one): 9488
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