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Many traders risk their money in future trading because the chance to make a big profit is there. They think that with only some small money, they can use leverage and make a bigger profit. Maybe that can happen if they have skills in analyzing the market movement to close their trade at the right time and make a big profit. But we see that future trading needs high focus to check where the market will move to decide what we should do. If we are late to close the trade, that can impact our funds and many of us are already losing all of our funds because of the liquidity. It is better to use spot trading if we can not analyze better to trade with worry if losing big money.
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I can't imagine if there is a time when I can't watch YouTube anymore. I hope ISP prepare for that. Recently I prefer like to watch YouTube rather than TV because Television Companies in my country only care about rating and money, some of them ignore public wisdom. Those companies invite people who booming because of scandal and other negative things which not benefits for viewers, they keep do that as long as they get good rating. There are almost no good content that made by them. This internet problem that might be happen will influence my life, and I hope there is nothing bad happen to bitcoin because of this.
Your ISP will be ready for that because I am sure they will prevent that thing happen to their infrastructure. The ISP and other public services will consider how to avoid or reduce the risk if something worst happens. But if nature causes that case, the ISP and other public services can not hold on for a long time, especially if that is about the solar storm but hopefully, that does not have a big impact on us, not just on the internet. |
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I think we should be ready with anything when we decide to sell what we have because we could not have that "thing," and it could be hard to buy or have that "thing."
We can feel happy to sell at a profit, but on the other side, we need to accept that we do not have that "thing" as before. And if that is about bitcoin, when we decide to sell bitcoin at a profit, we can buy back bitcoin, especially if the price drops. It is about how we can accept and not expect to turn back the time.
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speculation and vitality is indeed a problem for bitcoin, but it all depends on the person who invests, if they invest in the short term, maybe it will be a problem for them, but not for those who invest in the long term, because they will not worry about all of that, in my opinion that's about it.
Volatility bro  That will depend on how you can filter the news or make the right analysis so you are not just speculating with the market. The volatility will be with bitcoin price and I think that will happen like that in the future. Someone who invests in bitcoin will need to know how to deal with the volatility because if they can not do that, I am afraid that they will not be able to keep their bitcoin for a long time. After all, they will panic when the price drops too deep. |
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I am still trying to buy more BNB, although I can not buy a 1 BNB directly but in a small amount. Besides buying more BNB, I am also trying to stake some BNB in my Binance because that can give an additional amount, although I need to wait for some time to earn some amount. BNB will have a big chance to increase more than the price now and that will be like ETH and maybe the BNB price can be like ETH in the future. At this moment, while the price did not increase so high after the downtrend yesterday, we can buy more BNB and hold it to expect to make more profit in the next altcoin season.
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If you want me to choose between Litecoin or Litecoin Cash, I will select Litecoin as my investment. I do not say that Litecoin Cash is a scam, but I am not sure that coins can increase like the other coins. Although Litecoin price is more than $100, that still worth having it as an investment because Litecoin is one of the old coins besides bitcoin and Litecoin has big investors that still want to invest more. But if you still insist on having Litecoin Cash as your investment, make sure you research for more and think twice before you add more investment to that coin.
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Hopefully, this month will be good for us to see that the bitcoin bull will come so we can back to sell bitcoin at a high price. But it seems the price is held for a moment for increasing because the price is not going higher or lower but is staying at the current level now. But it could be because bitcoin is now still at the weekend, which usually gets the correction. Who knows, tomorrow will be the time for bitcoin to increase. I am still waiting for bitcoin to reach $50k-$60k this year and hopefully, the price will make a new ATH before the end of this year.
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For advertisement, twitter is a great social media platform to introduce bitcoin specially for those who are not knowledgeable, those who want to start but afraid, and wanted to share their knowledge to others. Slowly, people will be interested as they can see it everyday in the platform although they can just ignore it too. But if individuals started to buy/hodl/trade the price of btc thus increasing the price of btc.
Indeed. Twitter can be a source for people who want to learn crypto for more. People can also get tips from others if they share valuable info about crypto or giving their analysis about what will happen to the market. In that way, other people will have a passion for getting bitcoin from what they share. But it could need more selective to us to search for the news because, as usual, the news will not always be right. After all, the scammers will try to use Twitter to scam people. |
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How about my addiction for binance exchange? 😏 Damn that exchange is best over every others I've used since 2017 to be honest, I will definitely pass the KYC verification cos I can't imagine using any other exchanges over binance exchange, this is true definition of a accurate crypto exchange
If that is about your addiction to Binance, that will be up to you. But if you still want to use Binance, just prepare your identity and do the verification process so you will not have a problem while you trade on Binance. You can still use the other exchange if you do not want to do KYC because we can use any exchange we want. Many people who do not want to do KYC will move their funds from Binance to other exchange that does not require KYC because they do not want to send their identity to any party services. I wonder if Binance will still have a large number of members because of the KYC update. |
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If the market goes down or up in a year drastically, your order will still open as long as you are in the same direction as the market in a year. But that will not be possible because the market will change every day.
You buy long BTC/USD at $44,000 and from the day you buy bitcoin, the price still increases until a year, and the next year, the price reaches $100,000. You will make a big profit, even if you use small funds and small leverage because the price increases almost three times the price you bought. But once again, that will not always be possible.
It is better to activate stop loss in future trading to prevent a big loss. But that will be up to you.
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Good for the people that are in AZ. They don't have to go elsewhere just to be able to gamble. To be specific with fantasy sports, by just doing a little search.
There are a lot of players on it that will like this legalization made on that state.
Yeah, another cash cow for the state.
They are on the process on making things legal, the sports and casino games because they know there’s a lot of gamblers on their area and it can really generate profit to them. Its good to hear that some gamblers are really into Fantasy sports, this is a good start for them to gamble legally without any fear of being caught, now they can focus on choosing their players and have a good bet. It's one thing for sure if a country or state declares any type of betting as a legal activity and that is to generate another revenue for their government. That's usually really the reason why they do that because they can't ignore to imagine that how much they would be missing if they're not going to act on it fast and just let it pass. Hopefully, in this pandemic, that can still contribute to the country and give more revenue for the country. It could be a strategy to attract people who like gambling to come to the casino, the casino will get revenue and pay the tax, and the country will get the tax. Hopefully, the government is ready to see many people visiting the casino and spending more money because people will think that gambling can be their fortune to make money. |
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I guess they will not publicly announce that like what El Salvador does China will keep that for themselves and if they hold bitcoin, they will hide it from others. What they have will for them, what others have will be for them too Maybe they will still try to manipulate and spreads the negative news to the public. Hopefully, the market will not get the impact from that and can stay calm while preparing for the next thing that can happen. If they are so much against it, then it would not make sense for them to hold any at all. Sure it could crash when they make these announcements and they could buy cheaper but it doesn't guarantee any method that it will go back up. They are just trusting crypto itself to make it go higher and they crash it to buy more and then let it go up itself and crash it and so forth. It just doesn't make sense to me. For me to make a good investment I must want something to keep going up forever, and that could only happen if I support it. If china one day comes out and say that they changed their idea and love bitcoin now, I may believe it, but that is the only way, I do not believe they hold any right now. Maybe they will still do that and think they can use the same scenario to make the market crash. But hopefully, they know and remember that no matter how bad the news they created, the market will go strong and hold the bad news and if people can remain calm while reading their bad news, it will not happen anything worst. Maybe the market will have a correction because of that bad news, but it will be back increased and who knows, that can be a good step to lift the price and boost the price to the next high price. We never know if China holds bitcoin or not because they will never announce it in a short time. They only want to buy bitcoin at a low price and hold it for a while until the price comes back to the high price while preparing it to sell at a high price. But we do not know what their next scenario and we should be ready for that. |
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The future of Bitcoin market price will greater than what are currently seeing today because there will be more adoption of Bitcoin and crypto currency at large, people government who currently banning Bitcoin and crypto currency will have no option than to start adopting it or they will be out of the game lol.
Hopefully, that can happen in other countries so that can boost the adoption and many people will use bitcoin for their daily life. But it is not easy to convince the government to accept bitcoin because they already have their own rules and if they are not getting the benefit, they will hard to accept it. With the popularity of cryptocurrency is already increased, it can take attention from the government so without we know, they can research for more to find out what is cryptocurrency. I would say it is not easy to get them accept it for legal tender, but for supporting the exchanges and the whole crypto world should not be that weird. For example it is fully supported in my nation, we have plenty of exchanges, many companies and even startups from colleges that gets seed investment all in crypto world. Even our football clubs all have their own token as well. So, it is not really that shocking for a nation to be fully supportive of crypto, just create a law that states crypto is a foreign currency, like how dollar, euro, pound, yuan are all foreign to each other, crypto is like that, it is a currency that is not your own national currency, that law allows crypto to be legally amazingly free to be used in many many places and any exchange would just become a currency exchange place and that is it, which is easy to move around legally. You will be happy to see your country accept crypto as a legal tender to help you have additional income sources and I am sure that if other people want to try to follow you, they will also get a new way to make money. Yes, it needs support from the government to accept crypto and creating a new law like what they did to the other currency. I think sooner or later, the government will see that the presence of crypto can be a new source of income for their people and once they can accept it, people will start learning and use crypto. Maybe those governments need to learn from El Salvador about how to crypto for their benefit. |
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Gambling is simple if you don't chase profit from it.
Unfortunately, it is not as simple as we assume. Most people target profits ( money) when they are starting to gamble. You must realize that people come to gambling sites mostly for money, only a few people who gamble for fun only. I have some friends who play gambling regularly, and none of them who play for fun only. Indeed, the reality is that more people play gambling because they really want to make a profit, there are even some people who think that playing gambling is an instant way to get rich. So it's not surprising that many people end up addicted, that's why playing gambling is not as simple as we imagine. We sometimes have to control ourselves when gambling, because it is not easy to control ourselves when playing gambling, especially when we experience losses. Always comes to mind to cover the losses that we experience and that is the beginning of the problem. If they think that playing gambling is an instant way to get rich, they are not fully wrong because we can see that some people can have their luck to win big money in some gambling games. But that will not work for most gamblers because that will depend on how good their luck is. The number of people who become addicted is also increasing because they think that playing gambling does not need much to prepare, so they still play even if they already lose their money. If they lose in the chance-based gambling games, they will try playing skills-based gambling games because who knows, they can win some money and recover their loss. I also know from several articles on the internet that there are indeed some people who become millionaires after winning the lottery. This means that gambling can make someone rich instantly, but that's because that person is lucky. But don't let it be because of knowing that we are obsessed with wanting to get rich instantly and every day just thinking about winning the lottery. That means we're addicted and that's not a good thing. That's why I suggest don't think that gambling is an instant way to get rich, so we are not even obsessed with winning the lottery, even if we win, consider it a bonus because we are lucky. But if we fail, we will not be burdened to continue to pursue victory. Yes, gambling can make some people become millionaires but if we compare it with the losing people, the number will still be bigger than the losing people as those people who win a lot of money can win the games because of their luck. When you become obsessed because reading the articles about someone becoming a millionaire, you will play gambling and always think about winning that much money. You will try to play many gambling games, whether it is based on skill or chance, because your obsession is to win and become the next millionaire. Gambling is not an instant way to get rich, but gambling can be your instant way to get poor because of losing money. |
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Who else thinks that these kind of thing may hit mainstream sooner or later? I don't know if this is something new but seen a news from Decentral Games that they are launching a play-to-earn Metaverse poker. Others predict next to NFTs boom that it could the the Metaverse hype. Any thoughts?
After the success of Axie Infinity and the support, the NFT and metaverse are getting, this is going to be the trending topic in the market, people are looking for new things and new experiences and metaverse is something that will send us to a new level of gaming and gambling, one metaverse project that succeeds will bring more metaverse projects. So that can be a new trend that will replace NFT trends but the NFT will still be beside us. If that really happens, people will have a chance to profit and make money from the new trends. It is not surprising if that can attract more people to join in the crypto because if that is about a new level of gaming, young people will try to play the game. We know that young people have more curiosity about the new thing, especially in the gaming business so if the metaverse project can reach them, it will become the next popular trend in crypto. |
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I did not play much in the casino and I cannot say that I experienced any special emotions winning/losing (the amounts were small), but for example, when I place bets on sports competitions, even with the minimum bet, when watching this competition, my emotions sometimes go off scale, so yes favorite drink is good way to relax.
You are doing good since you are betting a very small amount and that's very much bearable. I try to bet small amount but the environment at casino turn me on and at times I bet high but still I am fortunate enough to have money to buy a drink that helps in overcoming the grief of loss. Placing a small amount in betting will not be a problem but when our emotions still go on, that will be a problem for us. And I think that is because we are hard to accept to see what we select is getting a loss, especially if our favourite team or player that we select is lost. The favourite drink can be a solution to release the tension and not become stress because of the loss. But leaving the bet will be important as that can make us forget the last bet that we place. |
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I will then begin to search for low cap altcoin that has lots of potential but yet under the radar.
you will begin? just now? lol the market had already goes up and down and you will begin searching just now . Maybe he is late to realize and research the coin before so when the market goes up, he suddenly gets an idea of what coin he should buy. At least, he still has time to search for the coin and start to buy because if he still delays until the end of this month, he might be too late to start research. Searching for a low cap altcoin will not guarantee gets lots of potentials since you do not know what the coin is. So maybe you can take a look at the top 50 coins lists to find out the coin. |
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The future of Bitcoin market price will greater than what are currently seeing today because there will be more adoption of Bitcoin and crypto currency at large, people government who currently banning Bitcoin and crypto currency will have no option than to start adopting it or they will be out of the game lol.
Hopefully, that can happen in other countries so that can boost the adoption and many people will use bitcoin for their daily life. But it is not easy to convince the government to accept bitcoin because they already have their own rules and if they are not getting the benefit, they will hard to accept it. With the popularity of cryptocurrency is already increased, it can take attention from the government so without we know, they can research for more to find out what is cryptocurrency. |
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Maybe sooner or later, El Salvador can be the leader in the crypto mining business because they can use their resources to mines bitcoin and I think the other country will see that they can benefit like El Salvador if they research about crypto. It is just the beginning for El Salvador and hopefully, that can work smoothly and do not have any problem. If volcanic energy can replace the electricity fee, that will good progress to their country because the electricity from the volcano is not just for mining but it can use for other things.
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The main problem in crypto is panic and that is the biggest problem we are facing almost every day, especially for new people who do not know much about crypto. But I am sure that if we can learn, that will not be a problem for us because we can solve it and maybe we can use it for ourselves. People need to check every time they read the news and that can help them to reduce their panic and can think about what they need to do related to the current situation. If they can not do that, they will always get a bad impact from that and it is hard to recover if they are not changing themselves.
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