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61  Economy / Trading Discussion / Re: How to make money on cryptocurrencies without investment? on: January 25, 2024, 08:39:03 PM
I'm just a newbie and I don't have other opportunities to make money irl because of my place of living and age. I tried already bounties and airdrops, but I'm not lucky in it. Thanks for your advices!!!
You don’t have to push yourself in bounties and airdrops as only seldom of them are only reliable these days, majority of them have become unprofitable hence, people don’t look forward in them anymore. Now, if you have some certain skills on crypto that you can use as an advantage, then find a job on the crypto space that suits your skills, and with that you will be able to gain cryptocurrencies as your form of salary, or it depends on how you both decide for your salary. And hopefully in the future, if you can improve your post quality and reach a certain level of position, you can also apply in any reputable signature campaign and get decent amount of salary.
62  Economy / Trading Discussion / Re: Why people mostly fail in trading on: January 24, 2024, 11:30:59 PM
A lot of traders end up losing money because they don't handle when to exit a trade properly, even if they made some profits initially.And Personally, I faced this many times in the past.

Another common reason for continuous trading failures is panic. When traders let their emotions take over and make impulsive decisions out of panic, it often leads to continuous losses.
Traders should have the full control over their emotions. Since we all know that the best enemy in trading is our personal emotions, then we should always see to it that we don’t jump into trading if we are in the state of uncertainty or panicking at some point. Otherwise, you will not make it in trading, but will only waste your money and effort and still end up trading at a loss.
63  Economy / Gambling discussion / Re: While placing bet what comes your mind on: January 24, 2024, 09:46:01 PM
I guess every gambler has experienced this. But if you have set a betting limit or budget, whatever you may hear deep within you, that won’t work anymore. After all, the choice is yours if you will listen to that and be carried away, or be responsible enough to think what is right from wrong. One thing is certain, if you don’t gamble on an amount that you can afford to lose, at least be ready for its consequences afterwards.
64  Other / Beginners & Help / Re: Newbies how do you feel when your post is criticised. on: January 23, 2024, 11:46:35 PM
As much as newbies feel the pain when criticized, but if you are really determined to learn from the seniors in the forum, you would not see it as a negative attack against you but rather see it as a constructive criticism where your wrong post or habits are being corrected so you will be the best version of yourself in the future.

Note that those who own hero and legendary positions have also started from a scratch, but instead of trying to prove their own point of view, they are smart enough to listen and learned from their superiors way back then. So their current positions today do not just happen in an instant, they really worked hard for it to achieve that high positions.
65  Economy / Gambling discussion / Re: What You will do in this situation? on: January 23, 2024, 10:57:22 PM
It’s never wrong to introduce him to sportsbetting since you also see his potentials in sports. At the end of the day, it’s still his decision if he will decide to take risk in sportsbetting. The thing is, if you encourage him to play in sportsbetting, you might be held responsible for his future losses someday. So just leave him wherever his passion is, after all as long as it’s gambling, it’s always a matter of luck to win.
66  Economy / Trading Discussion / Re: Maybe future trade is gambling on: January 20, 2024, 08:36:23 PM
Futures trading creates bigger risk than spot trading. Hence, anyone who considers futures trading turns like a suicidal most especially for beginners who have less knowledge and skills when it comes to trading. When trading outcome turns into highly unpredictable, obviously it turns out like gambling. Even investing alone is a real gambling since you cannot assure your coins profitability due to its market high volatility.
67  Other / Beginners & Help / Re: Gold vs Btc on: January 20, 2024, 06:11:13 PM
I always prefer bitcoin because bitcoin is more profitable coin then gold and if any one invests it can make the investor rich in one year but gold the price of the gold gradually increases,
I know bitcoin is a risky, but if the person who is invested properly and waited for it with patience it can turn a person from poor to rich in a few years.
I choose both gold and Bitcoin.
Gold is an investment asset and I can also use Bitcoin as a long-term investment asset even though Bitcoin is a currency that can be used like physical currency to make payments.
So far, gold can only be used as an investment asset, but it is very rare to use it like currency to pay for something and gold is no longer called currency.

Bitcoin has risks because its price can change at any time, but Bitcoin has been proven to be a better hedge than gold.
Gold prices have increased, but slowly.
Gold and Bitcoin are always a long discussion and discussion, but if you do research on who is the best as a hedge, Bitcoin is better.
Bitcoin is better but certainly more risky than gold. However, both gold and bitcoin are safe for long term investments. So I think there’s no need for us to choose but to invest in both for our retirement. Although it’s clear that bitcoin profits are bigger than gold, but if you have stored tons of gold, you will also make it big in the long run. Both are actually profitable in the long run, we just have to manage their risks individually.
68  Other / Beginners & Help / Re: Patience is power on: January 20, 2024, 05:42:17 PM
Trading is not the only option to make profits in the crypto space. You can always chose a less risky path by investing and long term hodling. If you are patient enough, you will certainly succeed in a long term investment without being bothered by sudden market crash that will cause instant price decline.

Long term hodling is as good as trading, but the only difference is that trading can give you instant profits while long term hodling, from the word itself, requires a long duration of time before you start to reap your profits.
69  Economy / Gambling discussion / Re: Will you be worried or comfortable seeing your elderly mother gambling? on: January 20, 2024, 02:11:31 PM
To be honest, yes. I would definitely become worried if ever I see my mother gambling. Aside from I don’t want to see her losing her funds, but I’m much worried on how her wealth will react to every losses and frustrations she will endure from gambling.

It’s certain that old aged people become more emotional and tend to easily faint whenever they don’t meet their expectations, most particularly with gambling that it’s certainly more of losses than wins. Even if she’ll tell me that she’s responsible with her losing funds, but come to think of it, no son/daughter will be happier seeing his/her mother falling in gambling addiction.
70  Economy / Gambling discussion / Re: Gambling can be a hope restorer if we go about it wisely! on: January 20, 2024, 01:39:02 PM
Gambling can be a life saver if you know how to set limits on it, but at the same time can be a life destroyer if you end up with gambling addiction. While it can bring luck for someone who is aiming for huge profits, but it could also bring misfortune for those who’s gambling urge becomes uncontrolled.

However, it could also create high hopes for those who are gambling responsibly. As long as you are betting wisely with your funds and you only bet on the games you are good enough, then probably you could still end up winning big one of these days. Just always gamble on the amount you are comfortable of losing.
71  Economy / Trading Discussion / Re: No one has gone broke taking profits, always take profits. on: January 19, 2024, 11:37:50 PM
everyone has their plans for the assets they own. including to keep holding or selling it for a certain time when you get a profit.
Actually, the goal remains the same, profit. but those who trade, have to be observant to look for profits if they trade in a short time.
If you sell now and have made a profit, then it doesn't matter as long as you get the satisfaction you are targeting. and people who hold assets for the long term have their satisfaction.
That’s right, it’s not hard to be in profits but the question is if you are really satisfied with your gained profits. Sometimes, we get FOMO because others are already selling for profits, that’s why we also sell so we won’t be left behind. That is certainly a wrong practice. If you are a good trader, you will always set a target price when to sell and make profits, and not easily fall on hype and FOMO. Otherwise, you will end up trading and miss big opportunities to be in high profits since you already sell even when the time is not the perfect time to sell.
72  Other / Beginners & Help / Re: I need your contribution and opinion on: January 19, 2024, 10:59:31 PM
Bitcoin will always be higher in price compared to other crypto coins. So if you keep missing opportunity to buy bitcoin, once its value grows more, then you will find it hard to buy even a portion of it, hence buy now while the price is still affordable.

However, I wonder why you decide to buy bitcoin when you don’t even know why you should invest in it in the first place. I suggest you educate yourself first because it’s hard to convince yourself when you don’t even know what’s in bitcoin that everyone is craving to own it.
73  Economy / Gambling discussion / Re: Know when to ride and stop! on: January 19, 2024, 08:53:03 AM
First, know when to gamble and when not to. If you have a good amount of bankroll, then you can consistently bet  and expect a big win later on. But if what you experienced are just consistent losses, don’t bother to continue gambling. Once you started with a loss, it’s hard for you to recover your losses anymore as you might only end up losing all your funds.

 However, if you see a winning steak, then try to increase your bet slowly on the amount you can afford to lose. Increase your bet so you will also win a bigger amount. But then again, if you lose suddenly, then try to adjust your bet until you see a winning streak again that will encourage you to bet more.
74  Economy / Speculation / Re: Best time to buy Bitcoin is around the time of Bitcoin Halving: April 22, 2024 on: January 19, 2024, 08:05:49 AM
If we look at the graph you posted carefully, the first halving event caused the price to rise immediately. This wasn't the case with the 2nd and 3rd halving events. You can see on the image that bitcoin was following a downward trajectory the second and third time, before the prices moved upwards to reach new all-time-highs. It's going to be interesting to see how it will act this time around.
This proves that each bitcoin halving may also have a different effect on its price, so the best thing we can do here is not to rely on bitcoin halving if we plan to enter bitcoin investment. It could be bullish or bearish, we really don’t know. But one thing that is certain, if we start buying now, then we can always take advantage on the effect of bitcoin halving, most especially if it creates a high price for bitcoin afterwards.

Just buy when your finances are all set. Don’t worry if you don’t easily make profits, at least you’re not at loss as well.
75  Other / Beginners & Help / Re: Has this forum helped you gain experience in bitcoin, share your experience on: January 18, 2024, 11:59:48 PM
Well, we all started from a scratch but with the help of the forum and its reliable members, we learned a lot. We learned from our own experience and other’s experiences as well, as we also learned from our mistakes and failures that made us braver to face bitcoin struggles in the future. That’s why I’m beyond thankful being part of this forum, otherwise I won’t see myself being knowledgeable and skillful when it comes to bitcoin matters.
76  Economy / Trading Discussion / Re: What is your advised for being a trader? on: January 18, 2024, 09:29:01 PM
There’s always a lot of considerations before one should decide to trade. Aside from learning all the fundamentals and the technicalities in trading, it’s also important that you should learn to trade based on your trading plan. Set your trading plan first before you risk in trading, and always risk on what you can only afford. With that, you will never suffer from too much consequences when trading.

While fundamentals and technical analysis are important, it’s also crucial that you start trading once you gained prior skills, that is learning trading first without using real funds.
77  Economy / Gambling discussion / Re: Does the tension make you take risk that are sometimes worth it? on: January 18, 2024, 03:01:23 PM
Gambling under pressure may turn out profitable for you but for sure, majority still end up losing. That is why when one is being pressured when gambling, that is a sign that gambling may most likely won’t be on your side. You might be winning at first, but definitely you will experience losing and disappointments in the rest of your games.

Gambling is never meant to play under pressure, that will only add more risk of losing. Gambling needs to be light and calm, as that will relieved boredom and brings fun and enjoyment. Otherwise, if you feel the other way around, then you should get rid of gambling and avoid it as much as possible.
78  Economy / Gambling discussion / Re: GAMBLING DISORDER on: January 17, 2024, 09:54:55 PM
Don’t gamble at an amount that you can’t afford to lose. Set your own betting budget, when it’s all used up, then leave the casino house immediately. There’s always that uncontrollable urge but if you let that urge control and manipulate you, you will only end up having a financial mess so it’s better to get rid of that or control that as much as possible.

Gambling is certainly a good source of fun and pleasure, but it only gets bad when you let yourself fall into it and worst fall into its addiction.
79  Other / Beginners & Help / Re: Don't trust social media on: January 17, 2024, 08:51:06 PM
This is not new anymore. Instead of using social media to educate and bring awareness to the people, scammers have taken it as an easy channel to deceive people most particularly who are greedy with money as they can be easily tempted especially with great offers. And to think that a scammer will offer you to help to create your wallet or help you buy bitcoin using your own wallet, anyone who falls for this has totally no knowledge on how to secure his own wallet without letting anyone have an access to his own wallet.
80  Economy / Gambling discussion / Re: Do you pay attention on other people bet and it amount, and does it affect you? on: January 16, 2024, 11:30:30 PM
This is very common to all gamblers out there, but you know what if you are really a long term gambler which means you’ve gained various experiences in gambling, you will know already how to deal this kind of feeling, and it’s best to just mind and focus on your own bet at the amount that you can afford to lose, than to imitate their amount of bet and lose it all.

Gambling will never guarantee that we will win or lose in that particular bet, but most likely if you don’t know how to play your game, you will end up losing and eventually used up all your funds if you don’t instill discipline in your gambling habit.
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