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501  Economy / Trading Discussion / Re: Why these types wicks there on: January 06, 2023, 10:19:47 PM
The wick is just a normal occurrence in the market. From the chart the wick couldn't push price up because the trend wasn't going up, and before the wick formed there was a bearish engulfing candle which later turned into three black soldiers which meant anything that formed after ward will have to obey the bearish trend the reason price kept going down despite the long wick.
502  Economy / Speculation / Each time you see a red candle! on: January 06, 2023, 09:46:57 PM
The worst state of any investor is to be at long term loss. It comes with so much anxiety, anger, Fuddity, pressure, spoiled plans and many more ill happenings. But I see it as a time to abandon the old investment and focus on taking advantage of the bear moment seeking for new opportunities because as far as Bitcoin is concern there are new opportunities in every cycle. The beauty of an investment is in its quantity because with much quantity comes so much value.

One of the biggest issues Bitcoin buyers face is that they use money meant to solve an urgent need to invest and end up selling at a loss to meet up with the need. Investment is best done with funds that don't have used in the nearest future, I prefer to call it errand money and because it is an errand money it is not meant to return immediately so errand takes longer time before they get delivered. The beauty of Bitcoin is long term investment. Hodl until it turns green. If it is not green, it isn't ripe for harvest. Each time a red candle appears, it is a signal to look out for buying opportunities.
503  Other / Beginners & Help / Re: Don't feel comfortable with crypto exchange on: January 06, 2023, 09:26:08 PM
Everybody needs to fear crypto exchange without waiting for people to preach exchange is not good for storing bitcoin.   Remitano exchange is where I do buy bitcoin and sell bitcoin.  Sometimes it is very difficult to have access with this wallet to sell or buy bitcoin,  at times it takes 24hrs before one can logging this exchange. Just imagine exchange like this have some network issues like this and never gets back to normal again. This should be enough reason why people shouldn't store  bitcoin on exchange wallet.
The worst thing about buying from exchanges like this is the high transaction fee it cost to move your coin around wallets because they still operate using P2PKH. This exchanges aside their poor network issues, not just with Remitano alone but most CEXs, still fail to upgrade so that when we buy from them, it will be cheaper and faster to move them to our cold wallets. DEXs remain the most preferred when it comes to buying and selling of coin, but the only limitations with DEX is it only deal directly with USD and a few popular fiats which will require still moving them to CEX for easy transactions
504  Economy / Trading Discussion / Re: Anyone out there doing money by trading? How? on: January 05, 2023, 06:57:53 PM
The more I learn I am kind of coming to conclusion that trading in the long run is not profitable.
I will like to know how long you have been in the learning process and what your expectations was while you are learning. When it comes to learning how to trading having the right mindset matters a lot. It is this mindset that makes out strategies seem as though they are the best. Don't forget losses is part of the business.

Quote
I mean I don't know any single person who is doing decent amount of money for living by trading in crypto. Hence the question: do you know anyone who is successful trading in crypto? or are you doing well by trading crypto?
Coming to a conclusion so quick is an indication that you never had time to nuture your strategy and maybe you had the mindset of trading been a get rich quick scheme. I still trade till date and my goal is to slowly improve on my strategies. Generally a successful trader is always refered to those who pull thousands of dollar from the market but that is not it. If as a trader you are able to maintain series of clean trades no matter how small your profit seems you are successful. The goal is to stay bullish no matter the trend.
505  Bitcoin / Bitcoin Discussion / Re: Hackers Demand Bitcoin as Ransom in Romania on: January 05, 2023, 06:40:10 PM
Cyber Security is the number one priority in this new technological economic age. So how do we do?
Botosani Hospital Server was attacked by hackers and they demanded bitcoin as the payment ransom. The hackers demanded  3 BTC to be paid.
Cyberattacks are now hitting the moon, many databases are getting compromised as the day goes by. Cybersecurity is now needed more than ever because technology is ever evolving. Bitcoin is a currency for the masses, so anyone can use it. Demanding Bitcoin for ransom is just the same as demanding fiat for ransom, but this time they prefer having full control of the currency BTC.  It is left for Botosani Hospital to negotiate or pay the full ransom and recover back their datas then higher cyber security experts to cover of the bridge.
506  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: January 05, 2023, 06:26:10 PM
I never had any doubt when I saw the odds in the match between inter Milan and Napoli, cuz I new inter milan really needed a win in other to move into the top 4 position . one must win consistently In order to have a position in the top four. It is now a fierce battle between Napoli, Milan, Juventus, and inter. Just a match loss or draw may cause intense derailment in the position especially now that the top 4 is made up of Italy's best 4 clubs.
But I don't really know how inter does this thing, they always get to win their important Matches no matter how difficult the opponent seems to be even when they barely posses the ball. Now they are in the fourth place. Now the competition is locked between the best four. This is where the game of consistent win begins. Napoli is still safe but two straight lose can cost them extra effort to secure the title.
507  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2022/23 on: January 05, 2023, 06:15:59 PM
At this moment Barcelona and Xavi have to correct all the mistakes.  If they make a single mistake in the next match, there will be no chance of winning the championship.  A draw in the previous match and this state of affairs in this last match is not a good sign

unfortunately Xavi had to put a disastrous team back on track, it wasn't an easy task but he's working on it
unfortunately we are all good at criticizing without knowing the real problems behind it, I never replace these professionals, sometimes they get it right sometimes they are wrong, but in Xavi I see a lot of good will
I also see good will in Xavi. Talking about a disastrous team Xavi had to put back on track, that is what he is hired to do. Barcelona's management knew the shit they were into when Messi left and hired Ronald Koeman who couldn't do the Job during Koeman's coaching days Barcelona still struggled to stand in the middle of the league's table. But here is Xavi doing his best to bring the title to Camp Nou. Barcelona is still actively involved in the race for the laliga title, and Xavi will make more rights and fewer wrongs to secure the title.
508  Economy / Gambling discussion / Re: Premier League Prediction Thread 2022/2023 on: January 05, 2023, 05:52:41 PM
I wonder if Chelsea will be able to put up an even fight with Manchester City today. In the previous round, both teams unexpectedly lost points, only drawing with theoretically weaker rivals. Chelsea have been performing very poorly against top teams this season, hence their place in the middle of the table. I don't think they will get any points today either. Manchester City have an opportunity to make up 2 points to Arsenal, who recently drew with Newcastle, and I believe they will take advantage of this opportunity
Manchester City will be the favorites to win this match, it depends on Chelsea, whether they can perform well or as usual they always struggle even though they are against teams that are weaker on paper. Manchester City is not a weak team at all, they are one of the teams being considered for the title this season, in the Premier League and Champions League. Bookmakers also provide a bigger chance for Manchester City to win. Let's see what Chelsea can do in game play.
The bone of contention here shouldn't be if Mancity will defeat Chelsea because that is for sure. Chelsea has been in their worst form lately in which their bad performance helped Nottingham Forest get one point added to the three they got from Southampton which pushed them to 15th place.

What we should be more focused on is how many goals Haaland will score at Stamford bridge tonight. I am expecting nothing less than a hat trick from Haaland to night. City is closing up on the gap between them and Arsenal. They should not just earn three points but gather so much GF
509  Economy / Gambling discussion / Re: Premier League Prediction Thread 2022/2023 on: January 04, 2023, 07:26:17 PM
After Arsenal failed to get a win against Newcastle, Man City  has the potential to get closer to Arsenal and away from Newcastle in the standings, in the match against Chelsea, Chelsea is in an unstable form this season, it will benefit Man City to get full points. Last week's Man City draw will motivate Pep Guardiola's squad
Right now, we are near the half of the season and things are pretty clear as now we have four top teams can fight for the title in this season Manchester City is having tough matches in coming weeks with Arsenal is also now having next meeting against Tottenham which will give better view about their chance to win this year's title.

Currently, Arsenal is leading the table with eight points and having one match in hand hopefully Citizens will beat Chelsea and cut the deficit by just five points which is still good for the leaders but in January window things can change because Arsenal is having few targets if they are able to complete these transfers then surely they could be in better shape otherwise we can expect good fight for the title until end of the season with Newcastle United and Manchester United both are also improving quality and performance.
Arsenal has faced one of their biggest fears which was Newcastle after defeating Brighton, which was presumed would have been the other way round. This same Newcastle almost won City in the beginning of the season, but they narrowly got a draw. Arsenal did a good job in not conceding to Newcastle, I think now they can focus on winning the rest of their games and having higher chances of winning the title.

Arsenal is doing just fine with their present squad but just to get a back up for the forward Arteta might still have to take advantage of the transfer window because so far Nkitiah is doing just fine in the center-forward. With the pace and point Arsenal keep gathering, it might be hard to lose point for City to catch up with. At least they got 1 point in their draw game with Newcastle.
510  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: January 04, 2023, 07:10:04 PM

Cremonese were able to score a goal, but it was cancelled after VAR. Yes, they haven't won a game this season. But so far they've had three shots in 20 minutes and Juventus hasn't been able to hit once. I'd really like Juventus to win this game too, but I have my doubts after starting the match like this.

Actually Cremonese's play was a complete surprise. Because their level seems to be able to match Juventus' performance. But I'm sure in the second half Juventus will do something. at least Juventus must win in this fight. and it would be very surprising if the score remained even until the last minute.
The second half is almost ending and Juventus is still unable to find the back of Cremonese's net. It seems Cremonese are more specialized in playing for a draw because their stat for the season reads 8 draws and 8 losses, this might be one of those draws added to their point for the season. Juventus might have to add this as their 6th draw for the season because it seems Cremonese are very adaptive to their style of play.
511  Economy / Gambling discussion / Re: [POLL] Gambling 2022 - How was it for you? + - <> on: January 04, 2023, 06:45:09 PM
I doubt if I took stock of my gambling success for 2022 to know if I made profit or loss in my overall activity, but from what I deposited from the start of the year down to what I had as of the last day of 2022 I think I made more losses than profit. But with this pull, I will start taking stock of all my losses and profit from 2023. I hope to also reduce my gambling activity through this means as well, so I accurately tell how much I made and how much was lost.
512  Economy / Gambling discussion / Re: Factors that contribute to form addictive gambling. on: January 04, 2023, 06:36:56 PM
In comparison to live casinos, online casinos do not offer free drinks, but if one were to bet from the comfort of his/her zone, and had a fridge or cooler of chilled alcoholic drinks, it shouldn't be a yardstick to get drunk to the point of funding ones betting wallet all just to gamble at that instance of excitement. Also, if one can't get to control the amount of his/her alcoholic intake I don't think such a one can control the excitement that comes from gambling and shouldn't bet, make withdrawals or fund gambling wallets, while drunk.
I think gamblers are more guided when they play online as regards drinking, except for addicted alcoholic consumers. A non-alcoholic addict might get out of control has regards how they fund and play on online casinos because of the comfort they get and the ease in which they can deposit funds into their wallets without necessarily dealing with anyone physically.

Not everyone understands that gambling is a fun and leisure activity so many sees it as an occupation and many sees it has a side hustle so funding and refunding to making multiple bet in quest to make good money and reclaim lost bets becomes a norm for this set of persons. This mind set has produced more addicts in the gambling sector. I still have these feelings, gamblers who gradually get addicted gambling in online casinos also get to become drug and alcoholic addicts every starting slowly until it explode all this to keep their mind stable while they keep funding their bet wallets.
513  Economy / Gambling discussion / Re: Premier League Prediction Thread 2022/2023 on: January 04, 2023, 06:17:22 PM
Manchester City vs Chelsea match tomorrow will be a walk-through for Manchester City as they fight to reclaim there position on the league table, even though Chelsea is on it best level after their last match result which is why the match tomorrow maybe 90 minutes draw but possible man city winning.
Chelsea won only one game out of their last five matches and having a draw in a walk over game they were supposed to have over Nottingham Forest. I see the Chelsea vs Manchester City game as the biggest home defeat Chelsea will have to face this season. Haaland will gladly add to his score record. It can't even end in a half-time draw. Chelsea will both lose to city in the PL and FA Cup on the 8th. Double defeat loading.
514  Economy / Trading Discussion / Re: I am Bullish On Bitcoin Despite Bear market on: January 02, 2023, 06:49:25 PM
I will buy Bitcoin and other crypto if it came to the 14k level cause I think that at time it should be pumped hard and almost cross 20k dollars in coming weeks.
Here is chart that I am giving technical knowledge.
Don't get surprise if the price falls below $14 because the wedge if forming a lower high, indicating a strong bearish push. If you look closely after the consolidation before (1) where the wedge starts to form, the highs didn't go above the previous highs and this keeps repeating. Position (5) on the ascending wedge will not cause any break out now because the wicks and trend isn't strong enough to push price up. This is a good accumulation phase where DCA comes in handy to be bullish.
515  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2022/23 on: January 02, 2023, 01:32:46 PM
at the top of the standings is very interesting and exciting because it has the same points between real madrid and barcelona, of course this will be a tough competition between the two to be the greatest in the spanish league cup this season, i am not a supporter of both but i believe the greatest will be the winner win in this season
La Liga is still very much dominated by the two clubs Barcelona and Real Madrid, but usually the two of them have a small gap in points when the season ends and that makes this competition very fierce. But whoever wins La Liga will of course be a great debate and it is natural to see that the two teams have played equally well every season.
The both has played marvelously well, but Barcelona has the best defensive record and the highest GF. Barcelona still has a higher chance of winning the league title based on their GD. All they just need to do is get a substitute for Lewandowski because he is over relied upon because there is no other center-forward and many Spanish teams have noticed it, and they are using it against them by hiding him.

If Barcelona must maintain their 4-3-3 formation then something has to be done with all three forwards so their game because less predictive. Because the more they channel their game towards the center-forward where Lewa plays, the more exposed their tactics become and the less productive they become.
516  Economy / Gambling discussion / Re: Premier League Prediction Thread 2022/2023 on: January 02, 2023, 01:21:15 PM
This Liverpool versus Brentford match will be a cracker one. Liverpool has not been playing up to my expectations this season as they are currently sixth in the league And Brentford are positioned in the 10th place. Last season they had a game of six goals and I also expect a high-scoring game this season as well. My prediction is that Liverpool score 3 goals and Branford will score one or two at the most.
Brentford aren't in their worst form despite been in the 10th position. They had an away win on City and a draw with Spurs, which Liverpool needs to take as caution. Both need the three points. Liverpool needs 3 point to be on the 5th place while Brentford needs 3 points to climb to 7th place. If Liverpool sleeps on their defense, they might lose the match.
517  Economy / Gambling discussion / Re: Premier League Prediction Thread 2022/2023 on: January 01, 2023, 08:59:55 PM
Bad days for Chelsea and Totthenem as they lost against teams in decline, now they are in decline themselves. Nottingam forest scored on the first corner kick. He made his fans feel this goal with a few positions before the corner kick. I'd say they played a smart game. They also had an explosive shot. As Chelsea looked for the second goal, they conceded. Chelsea's next rival City looks like they don't have a chance in this match. In the last match, though, they drew against City. It's as if the teams couldn't fully adapt on the return of the World Cup.
With the way Chelsea are playing now, they have no chance against Man City in their next match... We'll have to see how Arsenal play against Newcastle... If Arsenal fail to beat Newcastle, who incidentally have only lost one game this season, as did Arsenal, Man City will be hugely motivated to pick up 3 points against Chelsea...
What if Chelsea gets a draw with City and Arsenal finds an easy win against Newcastle?. Arsenal were able to scale through Brighton last week, Newcastle despite been in good form don't seem unbeatable. If Everton can hold City to a draw then Chelsea and get a draw too, if not a lucky win. Arsenal has maintained a long winning streak and Brighton will just add to the number.
518  Other / Off-topic / Re: What are your takes on revenge gambling? on: January 01, 2023, 08:46:28 PM
Revenge gambling is often experienced with money that isn't the gambler's. And it ends in more losses because of the anxiety, pressure and lack of emotional control. It is better to admit losses and strategize another day to gamble, instead of moving with that eagerness to recover what has already been lost.

 Revenge in real sense ends in disaster because the mind is already unstable, the same applies to gamblers when they try revenging their loss.
519  Economy / Economics / Re: Turning the Corner Into 2023 on: December 31, 2022, 02:25:46 PM
There is no competition in the quest for riches and money. If one is better in terms of finance compared how they were in previous years it is a big achievement. Imitating people's success is one of the reasons many couldn't break their target and some experienced disappointment in the year 2022. 2023 will come with new scam formats and more shitcoins a time to update one's knowledge of what is known already so that no matter the storm it won't throw us off balance.
520  Other / Beginners & Help / Re: Things to remember for the year 2023 on: December 31, 2022, 02:12:35 PM

feel free to add your suggestions to help our new members who are still newbies in crypto
  • Never buy at a high price
  • know when to stay away from trading
  • Having a working plan for both portfolio and trading
  • Never invest in a project because someone recommended them remember to do your own research
2023 will be another year in the Crypto world and a year to be smarter and wiser with investment. If as a newbie investment still look strange stick to Bitcoin until enough knowledge is gathered to face the risk in the market
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