Keep up as well! I'm sure you are a competent trader with good results. In this case the results are becoming better with the time and experience.
I'm trying to be a competent trader. Just waiting to have the right opportunities in the coming weeks and following some of my idols also in trading. Maybe soon, I could share with you that I have achieved something like what you have. As for the starting capital, absolutely agree with you. Remember times I was actively scalping to increase it.. Looks like it was in a previous life huh
So now, you are focused on swing trading? Maybe scalp a few times from now and then? As for alts used for BTC.. interesting idea. Ia it would be used, I won't be against at all Basically, personally I see a great potential in BTC not only as in a means of trading speculations. But also in a wise investment thing. The time will show us the opportunities with it. But the timeline os still so blurred I can't seem to see the future with alts overtaking BTC, I don't think it would be that easy too. Some alts are a long way to go too. Let's see what's next in the coming weeks.
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~snip
Thank you so much. Absolutely agree on what you say. Discipline and psychology is about 80% of success (remember Pareto principle?). No overtrading, of course... And yeah. Competent risk and money management can pull even a shitty trade out of the trouble. Wish you good luck! You are on a right way mate Can't wait to have a portfolio like yours too, maybe soon I could have that too. Keep up the good work!
~snip
making 12 bitcoin in one month is amazing. I think many people are trying to produce the same thing. it's just that, we sometimes have different opportunities. This indeed makes me even more excited, and I feel that using bitcoin for investment by holding it in is the best way for now. maybe to produce more bitcoin, we need to use altcoin. It is definitely amazing and it depends on your capital as well, it's not just the opportunities. It's not just sometimes that you have different opportunities, it's every time. Trading, especially in margin trading, is a hard feat to do. I have been trading for a while and I have not yet produced something as to 12 BTC in a month. It's a great thing to do if you could. An altcoin would be used for another currency to trade to have a possibility to have more Bitcoin. That's just my point of view. Let's see what Mark_R would say.
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My boss is already aware of Bitcoin, but they wouldn't use Bitcoin to give the salary because the company doesn't get paid in Bitcoin or any other cryptocurrency, to be precise. I think it would be a great way to be paid, but the value is going to be different every week.
For the grocery, there is a way to use Bitcoin, but first, it would need to go to a credit card then pay using a payment provider that accepts Bitcoin, which is not bad. There are other payment gateways that you could go thru, so it agrees and accepts Bitcoin. Maybe, in the long run, there would be more payment channels available.
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If you believe that cryptocurrency could bring a new era of the way people transact and exchange in values, that's definitely going to be adopted by everyone. Reasons are probably listed in these articles that I searched. Almost everything is being discussed in the article by Coindesk [1]. I'm just curious why you are still thinking about it, you must not fully trust crypto yet? No? References:[1] https://www.coindesk.com/information/why-use-bitcoin
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How is it popular when almost no one acknowledges they have heard of it? Even I haven't heard of it, and I know that there are people who cook and eat it. Disgusting though. Anyway, I haven't heard any of this. I quickly Googled something and found this article. A Closer Look at Dogfighting. It's more secretive than you think. Even if there's a great chance to win money in this kind of fight, I won't support Animal Cruelty.
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I didn’t know that something like this could be done now. It is to be created sooner or later, I guess. But now posted like this and created a topic about it, wouldn't it make more exposure towards other users that might abuse this kind of thing?
I haven't tried the tool to determine if it's AI-generated or not, but it could be useful. I'm just worried that it could give false positives or false negatives.
Isn't everything that we write connected with thoughts that we may have encountered or read about? Is that how the AG also does the deed? Like searching and combining ideas?
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~ Additional 1% every day would be huge; it's up to luck if you could do it.
As far as I understand, we are talking about betting 1% of your balance with 50% win chance, once per day. It is hard to expect 30 wins in a row on 50% win chance, and if you make just one bet per day, it makes no difference, it is still very unlikely. Overall, this strategy can hardly help you to earn money, but it can surely help you to last longer with the balance you have. That is certainly true, preserving your balance in a way could help you delay the possible "inevitability" of losing your capital in a gambling site. But I had a different view in that and what I'm implying is that, you just go over with 1% of your balance, no matter the type of risk-taking you have, for example, you have 1 BTC, then the goal you want to have is to have 0.01 per day which is 1% of 1 BTC already. So depending on how much you have, 1% is not so much compared to other goals like 100%, doubling your capital, or something like that. So if you manage to win for a day with 0.1, that's already equivalent to 10 days. Just a suggestion, not a recommendation, because I haven't tried it too.
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I love how you started this thread of yours, and it's an excellent way of telling that you could really make it Full Time in trading. It's incredible how you could really get into trading and manage your own. I'm inspired by how you were able to trade successfully in the past few months and hoping I would be able to do it too. Maybe with the right decisions and of course, the strict balance/risk ratio per trade. I think you need to be more disciplined rather than trading most of the time.
Will be monitoring this thread from now on. Great job.
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There are a lot of people like you, looking for someone to talk to, it has happened already, and you cannot take it back. It's up to you whether you would risk yourself more or not, but it was your fault. Sometimes, it's us who feels alone, but in reality, you don't notice the people who care about us, the people who give advice to us, and we ignore it. It's true, do you think you are truly alone right now? Maybe it is caused by your addiction.
It's quite common to have someone ignore everything you say to them because all their mindsets are to gambling. It can be gambling, or it could be other things, but as long as you have the mindset, you would continue not to see what's right in front of you. Better take care of yourself now and hope that you could recover.
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First of all, ang ByBit ay Margin Trading and compared to Binance, which is spot trading, definitely not a great comparison to be in. Meron ako nakitang rerefer about dun sa ByBit sa Telegram group na kasama ako. Ang mga sinasabi niya na maganda daw and less overload issue compared to Bitmex. Bigger trading volume and transaction per second. So sobrang iba din yun.
Better make a good choice or just use them both because they are both different exchanges.
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What matters, in my opinion, is that to check the reputation of that particular website and to see what others tell about it. That's why we have a forum to discuss different matters with different opinions.
Relying on the opinion of forum members might not be the best option, humans have lost their humanity, these days people's opinion can easily be bought for few Satoshi. The forum members can be paid to speak good deals about the site or due to our emotionality attachment, individual on their own might speak good deals about the site even when they know nothing simply because they're benefiting in one way or the other. Could be paid signature or invested in the native token of the gamble platform. The verification of whether their software are open source and listed on Github, just as OP suggested is the best method i can think of. Oh, if you are talking about paid reviews, I definitely won't trust that kind, not totally though. If I manage to verify that it is doable then that review could be reliable. Well, you can't blame the people who are working and giving those kinds of reviews for a few BTC because it might be their only choice. I don't know their story or what they are going through but it's best to not judge and just ignore unless they are abusing it or something.
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Basically, you are just describing how evil can be, and it's already a given fact knowing that it's always like that, we are the monsters in our nightmares, and we all have to know what to do with it. I remember a story where there are two wolves, a good and a bad one. So who is the stronger one? The one you feed. That's the most straightforward analogy and quite a simple story, a lot of people must have known this already.
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Recovering would be different for different people, it might be a week for some people, and towards others, it might be a year. Mostly, what I could think about when getting scammed is the financial aspect of it. Like, imagine if you risked your savings and you lost it all. It would take a long time. The main thing about it is that the more significant the risked amount, the longer it would take to recover.
Let's say that X is the Risked amount, and Y is the time. The higher the X then greater the Y. It's directly proportional with each other, there's no other way around but to experience that.
One thing I could think of is the mental toll it has on the person. It could also be added, not just the financial part. It's all part of us, and we need to understand that some things are out of our control.
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Most of the recent news regarding that have seen a positive impact on the price. Imagine having twice as much as money as you have? Wouldn't you want that? Causing half of every generated LTC would possibly give more pressure to the price knowing that it's less availability. Knowing the major factor of price increase would be beneficial but what I know and what I observed is that Bitcoin's mass adoption is widespread causing big price jumps, unlike Litecoin where it's not so popular.
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~snip
If the aim is to earn low profits daily, gambling is the least suitable tool for achieving that. Nevertheless, if one finds it entertaining, why not to try? After all, any strategy can fail at some point, and the strategy when you earn each day 1% of your balance is no different. There is a possibility of it working for years, and surely you will not lose your balance faster than in 100 days while strictly following this strategy. That's true; it's not ideal, but it's a challenge that you could do for yourself to have a goal. I don't know. I just thought of that, and I'm not sure if it could be done, but you might as well try. There's never an assurance that a strategy can stick and never fail; it's just that you could lessen the probability by changing the factors most of the time. Additional 1% every day would be huge; it's up to luck if you could do it.
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I believe most gamblers chat on the chatroom provided by the gambling sites. Maybe some of them use other messenger such as telegram or discord but I do not think many are using whatsapp because whatsapp is mostly used for daily life communication.
Most of the gambling sites already have chat features and private messages so whenever we want to message our gambling buddies we can perfectly reach them easily. However, if we really are close to them Facebook is only the easiest way to message them. If you Are talking about crypto buddies, are you sure that you would add them on social media? Anonymity is one of the best features with just hanging out with a website. I think Telegram is the best way, but the most organized way that you could get the best of is Discord. I love discord with its features that they could let you assign different channels to access etc. Personal interaction with the person would let me add people I don't know personally. Maybe some exceptions.
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I think one draw is that it's far cheaper. Where I live it's half the price of a regular lotto ticket. (The various lotto games from 6/42 to 6/58 all cost the same.)
And the instant gratification part - there is a draw every 10 minutes! Lost that last game? Well, here comes the next one, try your luck some more!
If you think that it would be a good idea that there would be a draw Every 10 minutes, then you are mistaking it. I think having that kind of frequency would make someone more addicted to it or possibly prone to addiction. That's the problem with most humans; they want instant gratification and no more hardships happening. People shouldn't be that lazy.
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I think with every trick in the book are being exposed, and all of the tactics are being used, you would encounter scams that abuse somewhat their website. Imagine having to be able to see all of the players there winning. Okay, let's say they could, and you would be able to do it, but in reality, you cannot verify that because it's just a screenshot and it can be edited.
What matters, in my opinion, is that to check the reputation of that particular website and to see what others tell about it. That's why we have a forum to discuss different matters with different opinions. Maybe someone believes in that, and others don't, it's still up to us if we are going to go for it or not. You decide when and how you will play the gambling game.
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I don't think that's the real reason why people bet in a lottery. Maybe the instant money that they are hoping for is the reason they want to do it. Common people for sure don't think about how many percents the chance of winning is but instead thinking that they could win because of their beliefs. I know some people who have wasted a lot of money with continuously buying lottery tickets in the hope of winning the grand prize.
Awesome YouTube Channel you shared, would be looking at some of their stuff too. Interesting videos.
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Is it not in a speculation board thread?
If that's true, then he is a good speculator and knowing that means he could've easily predicted the pump and other volatility traits of Bitcoin. Right now I think it's going to dump. Maybe xxx123abc would predict such a thing.
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