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561  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: October 08, 2023, 12:23:20 PM
After Tottenham defeated Luton yesterday, they moved to the top of the English Premier League table and with that result of yesterday, Manchester, Arsenal and Liverpool are now under pressure to win their games. For Liverpool, if they win their game against Brighton today, they'll move to the second position and will be trailing league leaders Tottenham Hotspur by just one point. Arsenal who play Manchester City today will go joint top of the table with Tottenham with a win while their opponents needs a win to return back to the summit of the table.
It's a very interesting match day in the English Premier League as the title chase between the top four teams in the league this season intensifies
Yes quite an interesting matches today Brighton had always been thorn of flesh against Liverpool, I believe the bitter rivalry between the clubs would continue today both side needed a win to climb up the table, Brighton had defeated Man Utd this season and always well against tough opponents, in another match Arsenal has a tough battle ahead against a formidable Man City who had never lost to Arsenal in 12 previous premier league matches is Arsenal going to break that jinx in today match? Arsenal has strengthened of this season and are much more stronger than previous seasons thus I am expecting a real contest between the two sides today.
562  Local / Nigeria (Naija) / Re: Is Forex same thing as betting on: October 07, 2023, 05:51:48 PM
Over some years now, I have been trying to figure out the difference between Forex and betting, and with my analysis, evaluation etc, I found out two difference which is,  exchange of currency in Forex while in betting there is no exchange of currency and also forex market has closing time and time it opens but betting doesn't( everyday).
However, Forex is same thing as betting. Betting can turn someone to millionaire, billionaire etc likewise forex. You analyse in forex likewise in betting.

Please give me some difference if you have.
Forex trading and betting are two different things, though both can rekt person down, however forex trading is not gambling I can attest to it, check twitter go see plenty forex traders wey don get six figure funded account from Prop firm dey make plenty money every month, the thing be say if you get the skill na sky go be your limit, in forex you analyze chart and watch out for Red news that would aid your trading but nothing like that in betting, however we also get plenty traders wey dey lose too those ones no get enough skill and would later claim that forex na gambling, though we have few gamblers wey hit jackpot but they are not plenty.
563  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: October 07, 2023, 12:07:01 PM
Another week for Tottenham Hotspur to play out another game against Luton who are some how still getting use to the EPL and is going to be another free win for the visitors (Tottenham) that's to their fans and some online stakers but I don't see Tottenham Hotspur winning this game.
Luton might be poor in their performance but I think they're going to take this game like is their last game in the EPL and they don't mind spoiling that unbeaten strict for Spurs today but I can just tip today's encounter between the newly promoted side against Spurs as a draw.
Tottenham Hotspur is currently one of the best team in EPL they team is playing very well and remain unbeaten, I don't think Luton Town can stop them, recall Tottenham had defeated Man Utd, Liverpool though a controversially and played 2-2 draw with Arsenal, the best result Luton Town can only opt for in today's match is a draw while banking on their home support to rally the team, though they won their first league match against Everton last weekend, though upset do happen in some premier league matches, however I don't think such an upset will come from Luton Town against a formidable Tottenham, I had watched some of their previous matches they  are  average in performance.
564  Economy / Gambling discussion / Re: How do you manage greed to place your bet on: October 07, 2023, 11:55:28 AM
For much long now I have never place bet with a higher amount but there was a bet i placed few days ago and i was tempted to increase my wager from what it should be before, Let say i often gamble with at least 200 Naira and maximum is 2,000 for a multiple bets But recently something came into me to start increasing my wager above my limits due to a game that was predicts to me it gives me all possibilities that I could cash out big time. This now made me to come here to asked how do you control your greed with your bet amount, do you go ahead placing the bet as your minds speaks or do only maintain to your limits whether it plays or not doesn't matter.

Again why do you regret after putting smaller amounts and it happens the games went as planned and starts blaming yourself for not increasing your bet amount, maybe by now you could have cashed out big time. How do you control this thought over your ends do you keep to your regulations of always placing bets with some limits or you place bet according to your mind and regrets after losing that amount for not following your limits?

Lets discuss wisely and if something related to this post please point it out.. Maybe would devote time to study what has been written over there.
This is normal in betting there is the tendency to get tempted to increase a wager, of course you have to be sell disciplined to avoid such habit remember there is no sure bet because gambling is a 50:50 chance thus there is a possibility of losing that bet after you might have increase your wager, personally I have a fixed rate for my bet and I only needed to manage my wins and be consistent in winning my bets therefore I don't feel tempted to increase my wager for example even I knew that team A will win team B because they are a very strong team I will sticked with my normal rate of wager, however I add to more games to increase my odd.
565  Bitcoin / Bitcoin Discussion / Re: Stop discouraging Newbies from Bitcoin... on: October 06, 2023, 05:34:35 PM
I have noticed something about some people in this forum...

Why is it that everytime a newbie shows his or her interest in trading Bitcoin, some people will always try to discourage the newbie?  You see them saying things like “Bitcoin trading is not for newbies”

None of us here was born a professional trader, fact is that we all had to start from somewhere. We were all once a newbie, until we started learning and putting in the work.

So when you see a newbie ask for advice on how to start up on their journey in Bitcoin trading, don't try to discourage them, rather give them the advice on how they can start, and also let them be aware of the risks and how to avoid it. If we must grow the community, then we have to learn to encourage everyone to get along, and not try to discourage them.

.
Thanks.
Trading Bitcoin is not a child play except if a newbie wanted to invest in it, that is buy and hodl else diverting into trading without any prior experience amount to losing their account and get liquidated if trading in future trading this is not to discourage newbies this is from personal experience, personally I only encourage them to learn and acquire knowledge first thereafter they can start trading, to become a professional would require a lengthy period of time depending on how each trader learning process according to statistics 95% traders are loser that tells you that only traders are profitable consistently in a long run and definitely they are experience ones.
566  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: October 06, 2023, 05:24:53 PM
So what exactly is your point now based on what is being discussed?
Are you saying or of the opinion that Arsenal will beat Manchester city in their coming encounter due to their supposed under performance according to you?

Well, with all honesty, I don't know if to agree with you or not, but the fact here is that, Manchester city is currently leading in the EPL table. A team that is underperforming clearly wont be in the first position in the EPL table, the fact that they have been in that position from the very start of the season and have remained there even until this moment does show that they are doing something right, something other teams are seem not to be doing right.

Just my opinion though.

Mikel Arteta has always done to the greatest extent to improve the Gunners, and he has a terrific reputation for the team. Defeating Manchester City in the Community Shield is one of the Gunners' notable achievements; they are currently a threat to City when they play on Sunday. Arsenal has been growing recently and is one of the EPL's most competitive clubs this season. Manchester City is the current EPL winner and the best leading team in the league. Pep Guardiola labored vigorously to ensure he got to experience the most beneficial moments with his team.
The latest news says Saka would be in contention for Arsenal match against Man City thus the team would be more stronger, I believe this time around Man City would find it very difficult to defeat Arsenal owing to injury to some of their key players like Kevin DeBruyne, Grealish and with Rodri out due to booking definitely those are players with huge influence on the team, Man City would face a more strengthened and formidable Arsenal and having lost their last match against Wolves thus more pressure would be on the team to avoid back to back defeat while Arsenal would try to consolidate on their EPL unbeaten record this would motivate the team to aim for a possible win against one of their rival.
567  Economy / Trading Discussion / Re: Do you believe Technical Analysis? on: October 05, 2023, 04:19:20 PM
at least it's better than nothing. some of the technical analyzes that I got from my friends or even telegram channels are not bad even though they cannot guarantee 100% accuracy. but it at least helps me be more confident in deciding to buy what to sell. Basically technical analysis is good, at least I think the accuracy is up to 80% if Bitcoin is stable.
Technical Analysis is very important for all trader because it predict entry price and zone price is likely to reverse, infact it give a lot of overall view of the market in term of price situation or condition if trending, consolidating and reversal all these are very important aspect of Technical Analysis, however fundamental Analysis drives the market it's causes the price to move with volatility which is very important for traders to take profit quickly therefore I am of the opinion that a trader who rely solely on Technical Analysis should also pay attention to fundamental news that can make or mar the price movement.
568  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: October 05, 2023, 04:10:37 PM
Arsenal vs Man City on Sunday is perhaps the biggest game of the season so far. Will be really interesting to see who comes out on top. Should be a titanic battle, I have a feeling City will edge it though.
Arsenal vs Manchester City is the biggest EPL game this weekend. Pep Guardiola preparing his squad to face Gunners this weekend, a challenging game for both sides but it's definitely not going to be a draw tie because of the high qualities from these players. Perhaps we won't expect the very best performance from Manchester City at Emirates stadium due to the severe injuries recorded in the team, the same situation happened to Arsenal, watching Bukayo Saka picking up an injury against Lens, having doubts for his unavailable towards City.
Man City had a consistent winning dominance over Arsenal in most of their previous matches and it's obvious Arsenal had strengthened their squad this season and was able to to march Man City in their community shield Arsenal won that game via penalty having put an outstanding performance in contrast with their previous matches which Man City regularly defeated them in regulation time, therefore I think Arsenal would up their game to avoid a repeat of thrashing they usually receive from Man City, definitely it's not going to be a draw game I am predicting either side for a win considering that both teams has injury problems.
569  Other / Beginners & Help / Re: [Merit] Help posts in local boards that did not receive enough merits on: October 04, 2023, 08:31:23 PM
Naija Local Board first submission

 Link 1: https://bitcointalk.org/index.php?topic=5463195.msg62696655#msg62696655

Link 2: https://bitcointalk.org/index.php?topic=5462608.msg62690238#msg62690238

Link 3 : https://bitcointalk.org/index.php?topic=5464225.msg62737778#msg62737778

Link 4 : https://bitcointalk.org/index.php?topic=5464429.msg62843936#msg62843936

Link 5 : https://bitcointalk.org/index.php?topic=5468705.msg62946227#msg62946227

Link 6 : https://bitcointalk.org/index.php?topic=5447101.msg62452875#msg62452875

Link 7 : https://bitcointalk.org/index.php?topic=5455927.msg62393431#msg62393431

Link 8 : https://bitcointalk.org/index.php?topic=5452546.msg62263965#msg62263965

Link 9 : https://bitcointalk.org/index.php?topic=5452408.msg62237310#msg62237310

Link 10 : https://bitcointalk.org/index.php?topic=5450619.msg62197402#msg62197402
570  Local / Nigeria (Naija) / Re: Nigerian religious institution accepting crypto on: October 04, 2023, 08:04:18 PM
Hey guys I greet everyone and hope we are doing good. Before I start firstly guys how do would you feel when during tithe and offering and you see the user passing Bitcoin wallet address to you to make payment into?

As a crypto enthusiast I will be a great pleasure for me to transfer my offering to the church via Bitcoin because this would be alternative means of paying offering and it wouldn't be like a surprise to me because I was already used to transactions of Bitcoin almost in weekly basis thus sending some coin to church as an offering would have been a welcome development.


Personally I feel that the adoption level is increasing and that's all we have wanted right? But yet again I see a new business opportunity this churches are trying to exploit. We know how the Nigerian churches are significantly extorting their members all in the name of blessings (God blessings doesn't come with a price tag). I think using or a church having a Bitcoin wallet shows how desperate they are and would leave no stone unturned just to get funds out of members. What are your thoughts about it .
It's not necessary a kind of extortion to me because while attending a church service you are expected ( not compulsory) to pay an offering or tithe with any means that is very convenient either by paying cash in an envelope or by transfer via Bank or by sending through Bitcoin, I believe this is a new innovation by those churches and if possible they print  QR code in the Church Sunday service pamphlet, though I agreed with you that some churches had started going extreme using different tactics to lure members to give to the church such as "Seed offering" etc personally I would avoid those type of churches.
571  Economy / Trading Discussion / Re: trading purely based on luck. on: October 04, 2023, 05:35:47 PM
I tried to trade without any analysis, relying only on luck, I was flipping a coin for each trade I entered.
During a three day period, I initiated three trades per day, each with a small profit target and a stop-loss order. Surprisingly, these results outperformed the trades I made based on speculation and trend analysis.
it is important to note that the long term outcome remains uncertain.
I considered this experiment a success mainly due to the fact that I was trading on a demo account with no emotional involvement, and the trades automatically closed when they reached their stop loss levels, and I did not make impulsive decisions to alter the stop loss orders.
In real trading scenarios, emotional factors, such as adjusting stop-loss levels and increasing leverage, often lead to losses.



Luck can play a factor in your trading, but I don't think that you can trade purely based on luck.
And trading relying on luck cannot be applied especially if you have long term goals. Maybe you can do it if you're trying to generate quick gains so basically it is only for the short term. But again, this is still not advisable as it can negatively affect your trading habits. Thus, it is still better that you trade responsibly by applying analysis and strategies for better outcomes. Then again, we all have different strategies and takes about trading, if it works for you doesn't mean it will work for others, or vice versa.

Lastly, we all know that trading is a risk that we take, and relying on luck would make it riskier.

For how long would the OP continue to rely on luck? Definitely at a certain period of time the OP having count on luck in taking trading decision would begin to experience or incur some losses because trading is not gambling it requires acquiring some level of skills in Fundamental, Technical and Sentimental analysis all these combined would a trader to have an edge over the market thus the OP shouldn't rely on luck while trading having earn some profits consistently it could be absolutely very risky if on a Live trading such habit is also adopted by the OP because it won't take long before portfolio would be liquidated
572  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: October 04, 2023, 05:24:15 PM
Saka is one of the crucial player, yes but we don't rely on him too much like we used to few seasons back. I feel that we have got a good density around the squad and I think we still have lot of capable players in the team that can do the job what Saka does. Yeah it's a really a bad news for Gunners but I still won't pick City win for sure here. Arteta knows how important this game is and will try to pick the best team. It's a very important fixture for us against the top contender for the title race.
Gunners are in good shape, contending for EPL League title last season and also having one of the credible performances this season for the purpose to push the team to higher spots. Mikel Arteta have alot of work to handle, he looked more worried about his key player who's under probability of starting against Manchester City. Bukayo Saka picks up an injury against Lens in UEFA Champions League, there's doubt if he would return to training for weekend game against Manchester City. Mikel Arteta would sort out replacements for his winger and probably suits in the best strategy against Pep Guardiola men.
Though Saka is a important player for Arsenal his injury is a big blow to the team especially now that they have a very crucial game against their bitter rival, though Man City too had some of their players ruled out due to injury and Rodri another important player is also suspended for Man City after being shown a Red card against Wolves last weekend, I think it's going to be a tough match I expect Arteta to find a replacement for Saka at the flank or wing possibly Nelson or Pablo Viera either of the two players can play at the flank, Moreso who knows probably that would be an opportunity for any of those players who is expected to take up that role shine.
573  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: October 03, 2023, 04:39:26 PM
I am sure that Manchester United and Arsenal will still be able to get three points in the Champions League match that will be played today. I personally don't care about Manchester United poor performance and results in the Premier League this moment, because I believe that maybe Manchester United has a better performance in the Champions League. So yes, playing at Old Trafford against Galatasaray, it looks like Manchester United will still be able to play well to get the three points of course. Likewise regarding Arsenal, even though Arsenal will play away but still, I personally remain confident in continuing with Arsenal.
I am feeling we have to wait for the match because with current form I am favoring Arsenal but about Manchester United I am not agreed specially their form against Crystal Palace was really poor and if they are not going to change their strategy and improved their performance they can go down against Galatasaray as well because they are doing impressive performance in last few matches and having good results against top teams as well even with the home advantage and having match in Champions League can bring some positive change for the Manchester United but still they need to have solid performance if they want to have positive result in this match.

Arsenal is surely at top and Lens is having poor start but in last few matches they are also bouncing back which is good sign but most chances Arsenal which concede no goal in last few matches still can punish them in France.
I can only bet on Arsenal for a win despite playing away against Lens because they are in a very spectacular form and with their outstanding performance against PSV in their last match I believe they would secure a maximum three points today, however I am not yet convinced with the performance of Man Utd so far in both EPL and champion League, though Galatasaray might look like a less formidable team I think they shouldn't be underrated even playing at Old Trafford, Galatasaray is currently second in Turkish league which means they going to put up a big challenge against Man Utd today thus I predicting a draw match or Man Utd to narrowly won.
574  Economy / Gambling discussion / Re: Will you gamble till old age or not on: October 03, 2023, 04:26:18 PM
There is a time for everything under the earth I don't think I would continue to gamble at old age even now that I am at an age very far above teenage I have began to limit the rate at which I gamble I started putting more effort or diversifying to full time trading, I think at old age sitting down to analyze games is a bad idea instead quit the art and enjoy a peaceful retirement and at old age we should be responsible in all our dealings it won't be proper for our kids to discover that we still gamble at old age or I can't imagine an old man going to a betting shop to play bet or gamble such a person might call an irresponsible elder.
575  Economy / Gambling discussion / Re: Violence and anger could be a sign of gambling addiction in youths on: October 02, 2023, 06:10:54 PM
Short temper will not win the game, its a sign of someone losing the game for sure and I have to agree that could relate to gambling addiction or any addiction would relate to this loss of control imo.  Unfortunately I've seen it a few times myself, a normally reasoned person loses their full capability to think through a situation and just ends up reacting badly to almost every event in their lives. Its time to step away and take some time  out in this situation, step away from gambling as you wont win anyway; however not all can or even want to step off ride and go slow.

The gambler who had loss the game and get short temper in the offline gambling will attack the gambling owner for their loss,but this should be avoided.The loss in the gambling is the common one,So the gambler should I understand the gambling loss is the common one and the gambler should take responsibility for their loss.The violence is not thje solution for the loss in the gambling,the gambling itself low you to make a big win in one day.So the gambling loss can be easily recovered by the gambling itself.To recover the loss,the gambler should not do the gambling without the limit.The gambler only follow the free money in the gambling to get back their loss money in the gambling.
Honestly gambling with moderation wouldn't have much effect on the gambler unlike addicted ones who would always transfer aggression to other people like friends, close family members etc after incurring severe losses, addicted gambler had done more harm to a lot of people simply because they couldn't curtain their anger obviously it is natural to always get angry when things goes wrong, however to avoid this kind of anomaly is to gamble with the amount of money you can afford to lose or quit gambling, of course losing a small portion of money wouldn't cause any harm to the gambler as well as their temper.
576  Economy / Trading Discussion / Re: Trading can ruin you on: October 01, 2023, 06:28:52 PM
Trading is most times profitable and sometimes challenging to traders, but it can ruin you just as gambling if you don't know how before venturing into it,  I have had a handful of terrible experience while trading and I discovered that it can return you to square one in terms of your finances if precautions is not taken.

Though am a better trader now, but I still thred with caution,  the best way for newbie to navigate their way in the market is to buy and hold, then sell when the price goes up.
When it comes to future market, newbie should stay off because it's for experience traders, even if you run a poll of people to tell of their experience in trading in this forum, %80 of people will rule out trading as a no go area based on their terrible experience while trading.

So newbie, stay of trading futures if you know nothing about technical analysis or fundamental analysis for not to be ruined.
That is why 95% of traders are losers some newbies often have the mindset of earning quick money and get rich scheme that is why they ventured into trading not knowing that trading is very risky a lot of traders got their account liquidated as a result of lack of skill and knowledge, trading requires a lot charting time as well as learning fundamental and technical analysis infact there is also sentimental analysis all put together by a trader to have an edge over the market, I am also a trader who had some bad experience both in crypto and forex trading however with time I was able to correct some of my mistakes and try to work on my trading psychology.
577  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: October 01, 2023, 03:42:31 PM
Brazilian superstar Anthony was temporarily banned from Manchester United for physically abusing his girlfriend. Today when I was scrolling through my Facebook news feed, a news flashed in front of me that the allegations made against Anthony were completely false. Since the allegations made against him have been proven false, the police have allowed him to return to the field and there should be no further obstacles to his return to the field, and the Brazilian star will be able to enter Manchester United's field from the next match.

I posted just to be sure because newsfeeds often contain false news
There was already a news going round  confirmed by Man Utd that he is returning to training thus I think all the allegation labelled against him doesn't hold water and this is the best time he returns the club  to assist the  underperforming club atleast his selection into the first team would make a difference in their attack, recall Erik ten Hag is under pressure due to the team poor run so far both in EPL and UCL and part of the team problem is that their final third hasn't been scoring goals Højlund and Rashford the major culprits had miss scoring opportunities probably the arrival of Antony would make their attack more formidable and with more options for the manager.
578  Economy / Gambling discussion / Re: Youth Gambling on: October 01, 2023, 12:43:22 PM
Among young people is a result of the availability of gambling alternatives, such as sports betting and online gambling. Gambling disorders can have long-term effects on a person's ability to complete their education and choose their future, and young individuals may be particularly susceptible to acquiring these illnesses
You are even talking about gamblers who are still schooling? In third world countries where the rate of graduate employment is high majority of them had resorted to gambling to escape poverty and to make end met most especially soccer fans of foreign clubs like EPL and Laliga who passionately support their teams and are utilizing that opportunity to bet on their team, there are only few of students who gamble anonymously because the recommended age for gambling is 18+, in as much as they gamble responsibly and meeting up with their financial need then there is no gambling disorder that would affect them except if they choose to become a gambling addict that is where a problem will come in.
579  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: September 30, 2023, 04:56:04 PM
Manchester City is a team that can bounce back after losing a few matches. However, Manchester City's performance this season has slightly declined from last season. One of the reasons for this could be Kevin DeBruiner's injury.
I totally understand the reasons behind Manchestet City defeats, the absence of Pep Guardiola and other important players sustained injuries, perhaps they will bounce back to streak and consistent performance. Gary O'Neil defeats glorious Manchester City at Molineux Stadium. It was one of the shocking defeats this weekend. Manchester city lost to Wolves after pulling an outstanding display on the pitch, absolutely Wolves really came fully prepared for the visitors. Another points earned by Wolverhampton today, climbing to 13th position on the EPL table.
It's quite incredible that Man City would lose to an underperforming Wolves even with injury to some of their key players, I believe the club was strengthened enough to win that match comfortably unfortunately lost the game consequently their league unbeaten run came to an end today after suffering another defeat mid-week with another tough match against an in-form Arsenal next weekend Man City is in for another big challenge. In another match Man Utd continue with their miserable performance under Erik ten Hag after suffering another embarrassing defeat against Crystal Palace at Old Trafford with this defeat their manager might face a possible sack if the team losing streak continue in their subsequent matches.
580  Economy / Speculation / Re: Buy the DIP, and HODL! on: September 30, 2023, 12:34:00 PM
I like the point that you are emphasising here and it is true that if we are ready to invest in the DCA way, especially if we have started it, then I think there is no specific reason to look at how vulnerable the price is because consistency must be maintained.
The problem that often happens is when we're already working on DCA and we get bogged down with the thought of price, which in the end will make our strategy fall apart in the end.
My initial period in 2002 was like this because I was dizzy with my thinking that was based on price but over time that became the main problem I had because when I was based more on price we would be dizzy so I tried to learn from the beginning and indeed for now it can be said that my method is much better than before with DCA which should not be too concerned about price.
If you continue to worry about the price in your DCA method then this will hinder you, it could be that you keep thinking about the price that has started to rise while still hesitating to continue? I think this thought must be eliminated at least whatever the price is if it's the DCA method then just do it.

This was my initial problem too when I started it was really hard when I kept seeing price movements, if you keep thinking about this then investing in the DCA way will not develop but you will be reluctant to continue because you keep seeing prices.
If the goal of DCA is long-term, there is no need to worry about it, it should be a habit for us that there is no stopping to continue DCA.

I don't know how everyone is DCA, but what I'm doing is I will DCA if the price drops more, but this is not often because I don't always have the money available every time the market drops more. The second method that I am using more often is that I will buy bitcoin at the beginning of the month every time I receive my salary. After I have deducted all necessary living expenses for that month, I will buy Bitcoin with the remaining money regardless of what price it is trading for. Because my sell target is still the new ATH, as long as the price remains below my sell target, I will buy without worrying about the price. Furthermore, bitcoin is unpredictable, waiting for a cheaper price to buy may not be successful.

You are right, once we have used the DCA method but still think about price it will greatly affect our investment.
Personally I think a little knowledge in candlestick patterns would help in the long run if a trader or investor adopt DCA method in a buying low and accumulating Bitcoin from my own observation and knowledge whenever I look at my BTCUSD daily chart and observe an exhausted candlestick which initially intended to go up (Bullish) but reverses and trended bearishly leaving behind a long tail or wick meaning sellers had dominated the market that is green light for me to start a DCA approach of course having taken into consideration the high volatility of the price of Bitcoin which means price drop would be massive thus buying and accumulating bit by bit will be triggered, of course the unpredictable nature of the price needed to be considered when adopting DCA method because at times the dump might end abruptly and bullish market sentiment is triggered in another scenario the dumping might linger on.
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