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561  Economy / Trading Discussion / Re: How much could you earn in a day ? on: November 09, 2023, 09:18:22 AM
I dont know where to begin and i have tried looking for someone to talk to regarding this. its really silly questions. Im going to just put it out here. hopefully someone can give me some clarity.


1. Is it possible to make 1% on a trade within a short time frame as in a few hours or a day ? Would that also inturn mean that you would make 10% on futures with a 10x leverage? I would like to elaborate more on this i just simply dont know where to begin. It would be nice if i could have a conversation with someone who has experience on the matter.
i'm here just giving a little opinion about leverage trading that i know, if we talk about profit then trading using leverage can give you quick profits, even more than 1%, it's just that the risk of you losing your money quickly is also big, so i'm here gives a percentage of profit and loss in leverage trading that is 50:50.  You have to be careful and careful when entering the market, don't forget to always use risk management, well risk management is a very important thing that all traders, both beginners and seniors must have.

2. In a normal trade when you buy a certain coin means there is someone else selling on the opposite end. does this rule apply the same for Futures ? Say im going to put in $1000 Long on coin X . does that mean it will only fill if there is someone Shorting the same coin at the same leverage at the same value of $1000?
This is a wrong understanding, if you go to a big exchange like Binance, they have liquidity in their assets and apart from liquidity, exchange have lots of traders who trade there then when you put $1000 (buy or sell) then the liquidity and also the money combination of the trader others will be processed to fulfill your request, even if you trade on DEX.
562  Economy / Speculation / Re: Bitcoin price $45k by ending of 2023: AI prediction on: November 06, 2023, 08:01:00 PM
Six AI chatbots forecast bitcoin to reach $45k by December 31 2023. From the  article the test was first carried out June this year which it was predicted that the price will get to $45k by the end of the 2023 year, and on the 3rd of this month of November 2023 another query test was carried out using 6 different AI chatbots to inquire what the price of bitcoin could be by end of the year and they all gave predictions that points to $45k at most. And the most intriguing thing about this which caught my attention is that it was same price prediction range it gave sometime June this year when the first test was conducted.
Quote
Four months ago, Bitcoin.com News engaged with six generative AI chatbots, prompting them to forecast bitcoin’s value at the close of 2023. The collective consensus of these AI systems anticipated BTC to land between $40,000 and $50,000 by the conclusion of the year. With the year now winding down to its final two months, we repeated the experiment. The updated predictions from the AI chatbots have arrived slightly more conservative than the June estimates.
So I decided to bring it to the forum to know about what other forum members think about this AI prediction. Is it a prediction you can rely on or it's just one of those common bitcoin  price predictions of the decade we are used to from different angles, is there anything special about this one .
Seeing the uncontrolled volatility of the Bitcoin price makes me not take it seriously every time a prediction about the price of Bitcoin appears, even when the prediction is issued by someone who is known to be an expert in the field of trading, earlier the price of Bitcoin reaches $35k, maybe tomorrow or 2 In the next day the price of Bitcoin will reach $40k or even $50k, but with more and more predictions appearing, market sentiment will improve and make the chance of Bitcoin touching $45k in the next few weeks no longer impossible (predictions are the fuel for bitcoin price increases)
563  Economy / Gambling discussion / Re: Do you guys believe in other people luck and try to copy them? on: November 06, 2023, 07:39:50 PM
Whenever I am low on cash on the casino I play which includes a sport book I like to copy other people bets,usually parlays with odds over 1000 and I think to myself who cares if I play for example 50 bets copying other people with 200 IDR as my base bet,if any of these guys hits it big I will do to.Notice that I put 1000 as a minimum here but the reality is that I have been copying bets with over 700.000 as odds,I damn love these huge multipliers yet no one has got such one in sport betting.

Of course in here it is not about skill or luck games anymore but it is about destiny,so tell me how many of you are deceived by dreams that may change your destiny like I am  Grin?
i once felt like i won a large amount when playing slots, but when other people asked me what tricks i used, i was confused about how to explain it to them, i tried to explain slowly but it turned out that what i did, started from the timing and also the choices the game, can't make that person win like me..  always remember that you won't be able to copy and paste other people's luck, you have to do it yourself, anyway your luck will definitely appear one day (win with the results of your own luck), be sure of that. 
564  Economy / Gambling discussion / Re: Do You Believe That Reading People's Bad Experience Will Help You on: November 06, 2023, 06:51:25 PM
If you're starting your journey on gambling do you think reading about people's bad experiences like losing their savings and getting depressed which leads to loss of jobs and livelihood will help new gamblers to become responsible gamblers for fear that what they read will happen to them?

I ask this because, in our country, our government has mandated cigarette manufacturers to post graphic images of those who suffer from the bad effects of cigarettes on every pack of cigarettes like lung cancer pulmonary disease (COPD), which includes emphysema and chronic bronchitis

So do you think it will be the same with gambling?
um, i'm not sure i'll give a good answer but i think some people use gambling as a means of entertainment, even though they spend or lose a lot of money from the gambling they do.  anyway, if it is damaged by smoking, actually the shape can be seen with the eyes because it is a disease, but if it is damaged or destroyed due to gambling, it cannot be seen directly with the eyes, the effect is direct poverty.  After all, gambling is embedded in our DNA, only a few people will definitely become corrupt or addicted to gambling, so spreading other people's experiences about the bad effects of gambling is ineffective.
565  Bitcoin / Bitcoin Discussion / Re: What I did just to invest in Bitcoin. on: November 06, 2023, 02:31:14 PM
About one or two months ago I created my first thread about my regrets for not not getting into bitcoin on time when I was first introduced to it by my friend many years ago.
And how I have made a decision to start my bitcoin journey because I now realized I made the biggest mistake of my life back then. Before my very eyes I have seen bitcoin turn the life of people around and gave them financial freedom.
I must say the truth since I made that first post I didn't just feel relaxed. Firstly I went ahead to read the bitcoin whitepaper to have a full knowledge about what bitcoin was all about. And I was glad I read that whitepaper. After that I took some drastic actions to make my first bitcoin investment. I did something which is making everyone around angry and he complaining bitterly about that. I sold our family land and used the money to invest on bitcoin. Initially I told them I want to sell the land and use the money to travel abroad. If I had told them I wanted to invest it in bitcoin they wouldn't have allowed me sell the land. I have tried educating them about bitcoin but they were not just interested to listen to me as they are all illiterates. Now the truth has finally come out and everyone is on my neck to get back the money. I told told them I invested the money, they thought I have spent the money on women and other things. I have been abused several times but I don't care because I know the money is safe and never lost. I understand that in everything good there must be some challenges and set backs. My resolution to invest in bitcoin is final and there is nothing anybody can do about it.
 
i'm sure there are many people out there who were rejected by those closest to them because they told them the idea of Bitcoin, they didn't get that trust, so keep the enthusiasm for those who tirelessly introduce bitcoin to this world, especially to the people closest to you, i know what you feel and to be honest it won't be easy especially when you give them knowledge about bitcoin sincerely but they don't listen to it because they afraid of being deceived by investing in bitcoin, but you also have to be able to consistently convince yourself to stay in bitcoin, don't give up because you think bitcoin is not profitable at all, look at how the price of bitcoin fluctuates, if you are wise then you can take advantage of the moments of these price fluctuations to make a profit.
566  Economy / Gambling discussion / Re: Have your own casino. on: November 06, 2023, 01:52:09 PM
How many of you have dreamed about having your casino? Be the house and play the always-win game.

In the past years it was different, people who could build a provably fair engine were able to have their own casino, but now we are playing with new rules, the casinos must have a license and games providers, and that's what people are looking for, and i don't say is something bad, the gambling experience on stake compared with the gambling experience on satoshi bones is enormous.

But getting back into the topic, i would like to read some nice histories from the community, those who only dream about their own casino, and those who make their dreams come true.
It never crossed my mind to open my own casino business, i'd rather just play in it, that's all because opening your own gambling site in my opinion is not an easy matter, especially in our country, where licensing issues are often an obstacle to setting up a gambling business, especially as there are many offline and online gambling businesses that have emerged so competing with those businesses is already very difficult, i would rather build another business than a gambling business, my knowledge and also my mentality are still not enough to start it all.
567  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: November 05, 2023, 10:41:20 PM
Roma managed to win in the match against Lecce, in the 88th minute I thought they would lose but in the last minutes Roma were able to surprise and end that game with a score of 2-1. Good game ! Although Lukaku missed his golden opportunity through a penalty, but he became a hero in the last minutes. On the other side, it seems like Lecce will really regret it because they couldn't hold on with their 1 score lead until the end.
Lukaku was the man behind Roma's victory as he showed his quality today by scoring the winning goal at the 90+5 minutes to steal all three points from Lecce. Lukaku is a great player with good quality and he knows the right time to net the post. He has put joy in Roma's fan and the club as a whole tonight an Mourinho will be proud that he brought him down to Roma. Lecce tried their best today and wanted to use Roma as their first win in this season but Roma slipped off their hands as Diaz equalized the ball with a brilliant header. This is a goof result for Roma, because I never expected that they will win the game from one goal down and they scored two goals under 8 minutes.
Who would have thought that Roma would be able to score 2 goals in such close proximity in the 90++ minutes, Apart from that Mourinho's decision to play Azmoun in the 73rd minute was very effective, he is quite a capable midfielder, Seeing Lukaku give goals for Roma several times, makes me think that he is actually a good striker, it's just that in the last few years his performance has not been so stable.

Juventus managed to win against Fiorentina with a narrow score of 1-0, Fiorentina played very hard and since the first half, Fiorentina had dominated possession of the ball, fortunately, Juventus were able to score a goal in the 10th minute through Miretti, with this victory, Juve was in 2nd place in the series a standing.
568  Economy / Trading Discussion / Re: Pro-trend or Counter-trend? on: November 05, 2023, 10:02:20 PM
Some people think that you should always follow the trend when you trade to increase your winning probability.

Is that true?

I believe that your potential reward would be higher if you trade along with the trend because the EOF is making new high or new low, so we should expect that there is a break structure to occur when the pullback ends. This doesn't mean that your win rate would be higher. There are traders who are profitable with the counter trend setup, and I believe that there are traders who wins more with this.

Well, to identify which trend you can win more, we will make a poll to identify whether pro-trend or counter-trend usually has the higher win rate.
If you have ever heard "missed the train" then that sentence is for traders who are late in entering the market or what we usually know as pro-trend traders, i have never tried to be a pro-trend because i know that entering the market when the market is bullish will be in vain in the future (when the bullish trend ends)
However, counter-trends are usually always associated with traders who always buy against the current trend (if the market trend is bullish then he will sell, then buy when prices fall), i tried several times to become a counter-trend trader, but i saw that the risk was the same as a pro-trend trader, so only entering the market based on technical and fundamental analysis is something that is always taught by professional traders, they know that the crypto market moves very volatile and unpredictable.

569  Economy / Gambling discussion / Re: Should Casinos Sponsor Sites That Deals With Gambling Addiction on: November 05, 2023, 09:24:32 PM
I'm just curious and would like to get the consensus of the community, should casinos sponsor sites that deal with gambling addiction and cure, we can't deny that the gambling addiction percentage is very high in this generation,

I just stumbled one site about gambling addiction it's a free help for those addicted to gambling, there are many more related sites and facilities.
Do you think it is the obligation of casinos online or offline?

It is casinos' way to repay those who put in a lot of money and get addicted or they shouldn't care because it's the gamblers' initiative to play.
In fact, providing a place for gambling addicts is the CSR of the casino business (offline or online), they already make a lot of money from the players, so taking full responsibility for the treatment of gambling addicts is something they must provide, gambling can become addictive if a player is unable to control himself while playing.  apart from gambling business owners, the government should be the one who has full responsibility for providing a place to treat gambling addicts too, they already get tax money from offline or online gambling businesses, so if they hands-off of gambling addicts then they should be the ones who should take full responsibility.
570  Economy / Economics / Re: Would you prefer to own a luxury watch or invest in bitcoin or other assets? on: November 05, 2023, 06:53:00 PM
snip

However, the worth attributed to an item is typically influenced by its demand and supply. While I believe that owning one or two high-end watches, provided they are well-maintained, may outperform stocks, gold, and real estate, it's worth noting that their appeal may diminish over time. This is because future generations are increasingly gravitating towards other interests, such as bitcoin and other emerging trends. If given the choice, would you prefer to own a luxury watch or invest in bitcoin, digital assets, gold, stocks, or real estate?
Luxury watches for many men are proof that they are very classy.  In fact, i also really like luxury watches, but if i compare it to investing in Bitcoin or gold, i will put that aside, because i know that luxury watches are only of interest to a few people, while Bitcoin and gold has the potential for its value to continue to increase for decades to come, well bitcoin is the best investment asset at the moment in my opinion, luxury watches and luxury cars are just a liability for me, not an investment.
571  Economy / Gambling discussion / Re: What's the best advice or should I just let him on: November 05, 2023, 06:24:59 PM
I'd like to ask the community I have a newly moved neighbor he is a widowed senior citizen and he lives alone with a house helper, all his children are now professionals and he is a pensioner, we talked a lot about many things  I just noticed that he is very active on online casinos and other gambling activities like lotto and cock fighting every weekend, his children do not know his activities and I'm afraid he is getting addicted.

Should I give him advice on how to manage his gambling activities or I just let him since he is just enjoying his senior years and doing things that he missed doing when he was still young? and what's the right approach, we all know senior citizens are sensitive to criticism.

i think it would be better for you if you don't interfere in his affairs, you should know that an old man will be very difficult to command or advise, or if you don't want to get involved further in his life, you can tell his child about the activities carried out by his father because only his son has the right to forbid his father from gambling.  Gambling is a person's choice, for those who have nothing to lose when gambling, the prohibition you say will only be considered a passing wind, it is better for you to just make him like a friend, and continue to promote moral support to him and convince him. to stop one day, but still with gentle words and without the impression of coercion.
572  Bitcoin / Bitcoin Discussion / Re: Teaching Bitcoin is not do or die on: November 05, 2023, 10:52:50 AM
snip
 Remember that knowing the theory and carrying out the practical will help you to have a proper knowledge on how to spread bitcoin awareness the right way,i.e you have the knowledge that it is long term investment that is more profitable and you have your bitcoin investment which you are holding for long,so that you can bring in more people into the bitcoin community.

Let's discuss
Whatever it is in this world, if it is coercion then it violates a person's human rights and freedom to choose, just pay attention, there are how many people around you who are enthusiastic when you explain Bitcoin to them, isn't that just a few! in my area, there are only a small number of people who are interested in bitcoin (that's when i put up a notification accepting payments on my small business with bitcoin), they are afraid and skeptical of bitcoin but i don't care what that means, bitcoin is already here heads of millions of people around the world, it's just a matter of what we who have already invested in bitcoin convince them, never giving up is good but don't just randomly tell everyone about things related to bitcoin, choose those who are really interested then you will be enthusiastic about telling that's all you know about bitcoin.
573  Economy / Economics / Re: Biting more than i can chew. How can i do better? on: November 04, 2023, 10:07:13 PM
Let's say you are going through a fairly tough test, but remember that there is no test that humans cannot overcome.  Let the past pass, you have to be a new person in your life, don't let the mistakes you made when you still had a lot of money, you repeat again in the future, our time is really limited, be the best version of yourself.

If we have money people will say "that's my brother" and vice versa...that's normal and don't think too much about it. Do it with pleasure and there will be a reward in return for you later without you expecting it. This is the same as the current money market conditions which allow investors to make bets based on the results and past correction moments tend to find support at the resistance line.

Just enjoy it, my friend..
right, there are no friendships that last forever, people come and go, they only stay when they have interests, love your parents, never think about things in different ways.
574  Economy / Gambling discussion / Re: Do you keep a record of winnings and losses in gambling? on: November 04, 2023, 09:24:59 PM
Do you keep a record of winnings and losses in gambling? Many here will feel that this is waste of time and will also not let them enjoy the game peacefully. Do you also have same mentality?
try recording your expenses every month, how do you feel? Are you becoming more wasteful or more frugal?
in psychology, when you record everything you do then you can think further about things you should avoid or improve, likewise when you are an active gambler, you must record your capital, your losses, your wins, money that you withdraw every time you play, you will find out what percentage of profits you make in gambling, i implemented it.
575  Economy / Speculation / Re: Should we rely on prediction? on: November 04, 2023, 05:12:54 AM
Let me say since the beginning of this year we have been getting different prediction on Bitcoin prizes and investors too have been keeping their hopes very high on those predictions...

Those doing these predictions are having so much expectations and they said, Bitcoin will recover to $25k in 2024 and then rise to $45k in 2025 them by 2030 Bitcoin will get to $69k. Other crypto analysts suggest even higher price targets ranging from $100,000 to $1 million, but we should keep in mind that all Bitcoin forecasts are predictions. CLICK HERE

With all these being said I feel is time we face the reality that all these are just predictions, is under probability.
For me, a prediction is not much different from a hope, it might happen but maybe it won't happen, but wise investors will definitely use predictions as material for consideration, apart from looking at predictions, they will collect other materials to use as additional consideration also.  i'm sure there are many traders out there who provide price predictions using analytical techniques and fundamental techniques, my advice is, never be trivial with predictions, because the percentage is 50:50, we as bitcoin investor must be able to buy stably and consistently, using the DCA method.
576  Economy / Speculation / Re: Buy the DIP, and HODL! on: November 03, 2023, 09:40:45 PM
Bitcoin is undoubtedly the best form of crypto investment as Bitcoin has shown promising potential over a long period of time now however it still is a crypto currency therefore it takes being a Bitcoin optimists to keep in mind that Bitcoin has a zero percent chance of dipping exponentially.However the Bitcoin trust is reasonable and rational because it really has not failed In a long time so it's chances of dipping is almost zero but not zero.I wouldn't say hodl wisely in Bitcoin but hodl with optimism.

Hodl based on one's own policy will not be wrong as long as we apply it to Bitcoin even though it also requires optimism to carry out this. Because everyone can see the evidence of what has happened to Bitcoin, so there is no reason to doubt and not be optimistic in applying hodl wisely when you already have Bitcoin or when you have bought Bitcoin due to a very deep love for Bitcoin. A great feeling of liking will make everyone have more confidence in Bitcoin which can also give rise to a high sense of optimism to continue to hold Bitcoin as the best cryptocurrency that many people have seen for a long time.
holding bitcoin must be wise, that is the most important thing... everyone who buys bitcoin with the aim of long-term HODL, must have good financial planning to avoid failure to do "HODL" in the future, you or your relatives will definitely one day experience sadness or suffering from illness and how do you cover all that when you don't have emergency money or savings, bitcoin is a very volatile asset and its price is predicted to exceed $100k, so i am very confident about the future of bitcoin, some people suggest diversifying investment assets that i own but i am only more confident about Bitcoin, the others are not convincing at all.
577  Economy / Gambling discussion / Re: Health Benefits of Gambling on: November 03, 2023, 07:06:23 PM
Everyone does have the freedom to choose entertainment to relieve their stress but in my opinion they should look at various sides first before finally deciding, gambling is quite fun but you also have to see that on the other hand this activity has risks that you never even expected, so in my opinion it's better for you to be wiser in choosing entertainment venues, it's better to find other activities that are entertaining but without risk, after all your goal is just to have fun, right?
Addicted gamblers will not look for them. That is why they are addicts and for them the only pleasurable activity is gambling.

You cant just pull such a person away from playing. It would be like taking an addict away from their drug.

Although the OP talks about some benefits, I opine that the risks far outweigh the benefits. Those who start playing for fun eventually get addicted, hence this should be checked and people made aware of the evils as well.
when i'm tired of all the routine activities i do, winning a little money from the gambling i do is really a moodbooster.  anyway, i once read in a study, on a written site, addiction is proof that the person has low emotional intelligence and a low IQ too, i don't know whether this is true but from what i have noticed, everything can have an addictive effect, just how the way we respond to it well and in control.  i am very concerned about gambling addicts, they do not find health benefits for themselves when gambling, they instead lose control over it and are not able to control it well.
578  Bitcoin / Bitcoin Discussion / Re: Is It Late To Invest In Bitcoin? on: November 03, 2023, 05:03:29 PM
I am a 20-year-old student. Not long ago, I heard a famous cryptocurrency expert in Korea on YouTube.

He said, "Bitcoin investment seems to be late, to be honest. I'm sad, too. I think 2018 was the last chance for ordinary people."

This makes me feel depressed. That expert started investing in bitcoin in 2013, and he encouraged his acquaintances to invest in bitcoin, but at that time he said everyone thought he was crazy.

Honestly, as an ordinary college student, the price of bitcoin now feels too much to buy.. If it's the price of the early 2010s, I might have bought it through a part-time job..

I'm so pathetic and depressed because I didn't know Bitcoin quickly. What should I do? Cry
it's never too late for you to buy bitcoin, after all bitcoin is a very profitable investment asset for now, never look at the past, even in 2010 if i heard bitcoin then i would definitely say it was a bubble or maybe a ponzi, in investing in  bitcoin, it requires confidence and good knowledge, bitcoin once touched $66 thousand and at that time the world was very surprised, believe me the price of bitcoin will continue to move up and we will definitely see bitcoin reach $100k, if you are a student you can use the DCA method with your limited pocket money, don't ever think you're too late investing in Bitcoin.
579  Economy / Economics / Re: AI will put an end to work, says Elon Musk on: November 03, 2023, 04:27:07 PM
During an uncommon interview conducted by UK Prime Minister Rishi Sunak, the tech billionaire Elon Musk predicted that if AI is not regulated, there will be a time when no job will be needed. This means that AI tools would take over the entire work of men making paid jobs become reductant. He even claimed that humanoid robots might be a perfect friend for one of his sons who is having difficulty in having friends. I have always believed that regardless of how sophisticated these AI tools become, they will never replace humans. But hearing this prediction for an individual who has a full understanding of the AI sector is frightening. Elon Musk owns an AI company, xAI, that is competing with big AI firms like OpenAI, Google and Anthropic.

These comments can increase the fear and anxiety workers always had that these super-computers will replace them in future. What are your thoughts regarding the statement by Elon, do you think we should take him seriously?
Of course, what Elon Musk said should not be taken lightly, currently many people are competing for a job, but when robots + AI develop further, human competitors will also increase, in the future humans must prepare themselves because several types of jobs will be available replaced by robots and AI, and actually, we cannot stop this, currently what we have to think about is a way out so that humans can still get money to meet their daily needs later, and cryptocurrency is actually the answer, but we have to develop it deeper.
580  Economy / Gambling discussion / Re: Beginner needs your advices in gambling. on: November 03, 2023, 04:05:30 PM
I’m a new member here, and I want to gamble on online casinos. I found some good trusted casinos. And I want to begin with a game with a low budget. First, I need your suggestions about the best games, slots. Live casino for a beginner.
Do you think Me starting gambling would effect me in my real life or make me addicted to gambling. What’s you suggestion and advices.
Don't hesitate to gamble when you really have prepared yourself not to become a gambling addict, maybe you can try playing on gambling sites that have a good reputation on this forum, such as duelbit, stake, roobet and several others, you can try reading and reading in Ann's gambling thread.  The very important thing you have to remember is that gambling is not the quickest and best way to get rich, if you see people getting rich because of gambling, they are just very lucky, but can you be like them?  of course you can, but the percentage is 50%:50%.
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