In gambling for me I don't think if being confident is necessary because is more like a two side coin two things are involve is either you win or loss so not been confident of yourself Will always gives you that emotional peace of mind when you encounter loss, and is never advisable to gamble with More than you can afford to loss.

It is suicidal to gamble with more than what you can afford to loss. You shouldn't gamble all the time some time go for break.

Directly I will say yes, inexperienced people can also play gamble, the idea is that the inexperienced can only become experienced if only they dive in to gambling to have the  experience, is very logical. To become experience over a particular thing is be doing that same thing over time that is the only way you can gain experience. How long you have been doing it matters, so inexperienced gambler is allow to gamble in other to become an experienced gambler.

I will answer this way, at a point there is no fun in gambling if you are lossing more than you are gaining but could be a fun if you are gaining more than lossing. Now talking about lossing more than gaining there is no way is going to be seen as fun because your emotion has been drawn below positive expectation of maximizing output which could possibly lead to depression and this happens mostly when the money used is not an extra discretional income at your disposal at that point gambling tend not a be a fun, but on the opposite occasion where you gaining more than lossing wow gambling becomes a fun because the accumulated joy gotten from the number of times won has become more than the number of times loss giving a lead in the game it is has become a fun at that point. So whether gambling is a fun or  not should be seen in different perspective. There is no fun in gambling if you are lossing that is my conclusion you can only pretend to be happy when you are not.

Aside quick profits there can be several reasons for investing in altcoins, many of the altcoin have features and real life applications that might be an individual interest in solving a specific real life problem making it stand out from Bitcoin or having same functionalities in certain features and can serve as an alternative to Bitcoin.
An individual can decide to invest in altcoin with the sole reason of being a part of the project early adoption with conviction of the project making advancement such that they will become a beneficiary if the project finally become successful irrespective of the time frame.

For me I will advice you  concentrate one coin, Bitcoin has proven to be exceptionally different from other coins, reason being that other coins performance depends on Bitcoin performance, most of the projects are just pump and dump projects without any real life application. Concentrating on one coin Which is Bitcoin, it will give you all the time need to build up your investment but considering diversification it should be after building a certain level in your Bitcoin investment diversification should be made on real life investment that are not Bitcoin related such as selling commodities, lands real estate. It is very important to diversify into different asset classes that are not related. It is just an advice you can DYOR.

@348judah Am not seeing any relationship between what you have just said now and the sentence @lalabotax assumption of being the topic of this thread.but come to think of what he said, are we analyzing the price change of Bitcoin in this thread? Are we determing when to buy Bitcoin in this thread? Am waiting to see response as regards to this.

That is the point I  thought am the only one in this,  it has not been easy hiting 100 on a day, I think going for a short break will definitely help regaining some energy. I have a testimony, just as it said that exercise contributes 10% of healthy living, I usually have this sensational movements at my back for quite some time now but on taken up this challenge am now very much active not only that my clothes are even  more befitting. Thou am new to the environment(Bitcoin) but already counting down for my purchasing date, because I have gotten basic knowledge that will accompany my investment journey all thanks @JayjuanGee self moderated thread buy the dip and hodl  where am spending most of my time as newbie, which am also recommending other newbies considering having Bitcoin in their portfolio. this will enable me  not to only benefit from this challenge but to be a Bitcoiner as Bitcoin hit $100k or even more, I can't just watch it happen but to be a beneficiary part of it.

@jeoperry, Please what is my feedback as regards to my application? Am curious and  really wanna do it right.

I will suggest that you should asked any of the forum mate at your closet for guidance. It doesn't seem to be that difficulty.

 Mate, I totally disagree with you on this, and that really sound mixed up regarding to the concept of this thread, thou am new but have been observant to an extend and am also opened for corrections if am wrong about this,  the topic of discussion is based upon a presumption of various strategies of accumulating Bitcoin for long term holding or investment plan of about 4 to 10 years or even longer which creates a better opportunity of experiencing compounding of your invested value. Purchase can be made through dca (installment buying on intervals) or lump sum(buying at once or in bulk) where the dip should be seen as an advantage of accumulating more Bitcoin in your portfolio. Secondly, talking about when the right time for buying Bitcoin has also been addressed @JJG that the first right time was yesterday and the second right or best time is today and this brings to every Bitcoin antispator that procrastination ever buying Bitcoin or the person asking on the right time to buy that the right time is never tomorrow.

Even if am not that correct in my expression but i don't think what @lalabotax said above is actually the point of this thread. We are not analyzing price change of Bitcoin neither are we talking about when the right time to buy Bitcoin, rather what we are talking is the various strategies of accumulating Bitcoin and hodl for long term purposes.

Nobody knows it all and learning is a continues process, making a constructive, informative, meaningful and helpful posting should be paramount other than making a drastic posting that has no value, building up a quality posting habit is more like building good personal reputation and laying down good foundation. In my opinion I think individual reassessment will be of great importance as regards to making a quality posting, always keep in check that my point to know if you are deviating or not.

Those that died at that protest died as a hero, do you prefer living like a caward or to die like a hero. we are scared of death why it is appointment for everyone, it is good to fight for justice and libration, this can only be achieve if there is unity no tribalism having one goal and vehemently working towards achieving it, enough is enough is time to take the bull by the horns. There is power in number it should be a massive decision and understanding with that we will have a better chance of getting the country in to being a better place.

@justbillywitt, Bitcoin is Bitcoin for the benefits of this thread making use of the word crypto in this thread can  actually make  understanding the concepts of this thread contradictory, if you want to make use of the word Bitcoin is better you say Bitcoin than crypto, I am beginning to feel that you want to contradict this thread, you can never convince me that altcoins is not included @michellee's expression of crypto , if anyone want to say Bitcoin let him say Bitcoin there is no reason referring Bitcoin to be crypto or crypto  to be Bitcoin so far this thread is concerned.

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The app is amazing with a high level user privacy, downloading and registration so easy and simple, indeed it is one of it's kind  I have already made recommendations

@michelle, don't forget is a Bitcoin discussion thread, using the word crypto may implies including altcoins which is not included in the topic of discussion.
Apparently, in as much as investment diversification has enormous benefits it is optional must individual tend to concentrate in one investment, but considering investment diversification I will advise it should really be on different asset classes or commodities, just like you said you have made Bitcoin your main investment but trying to diversify your investment in other things that's if i gat you correct, I will  advice that your diversification should be on something that is not Bitcoin related since you have already chosen Bitcoin as your main investment, that's if you have accumulated your Bitcoin to the point of considering diversification.

@avp2306 On the contrary that sounds more like saying Bitcoin investment or hodl Bitcoin is only for the rich or only possible for macro transaction, key note it doesn't take thousands of dollars to invest in Bitcoin, perhaps you are not buying the entire Bitcoin you can buy a fraction of it and hodl, having made provisions for emergency and reserve funds to take care of any unplanned expenses and also have made arrangements for your daily upkeep, micro transaction is one of the main feature of Bitcoin investment, the dca gives investors that opportunity of entry the market even with there small capital either weekly or monthly so far it is long term perspective to hodl longer of about 5 to 10 years or more.

On the contrary, you shouldn't be comparing Bitcoin investment to altcoins reason being that altcoins performance completely depends on Bitcoin and they don't have same principle of operation, yes you can get profits or loss in both but in the risk level check and balance altcoins involvement in more risky why Bitcoin is less risky the reason why it is considered more like gambling than investment, majority of the altcoins are just for pump and dump. Why altcoins stands for quick profit maximization Bitcoin stands for accumulation of wealth for future profits maximization. Bitcoin investment is more like a save heaven compared to altcoins because with your dca accumulation method in Bitcoin investment an investor is much relaxed in navigating volatility which is inevitable. Come to the thread buy the dip and hold by JJG for more clarifications.

An idea investor sees Bitcoin investment on a long term perspective, and having volatility as Bitcoin functionality it is expected to buy and hodl in other to have a compounded value of his investment over certain periods of time, Bitcoinis is a world class asset that is a store of wealth and value for future profits maximization.

Yes of a truth question may prompts, will suffering and hardship end? My answer is no but there should be a certain level of consideration in terms of the causes. Do you think that there can be a mutually agreeable solutions to this? War can be right in achieving a just cause such as liberation, sometime war may be the only way to achieving this liberation, yes it can be destructive, widespread death and displacement but there can also be a better opportunities afterwards.

The truth is that there is no moral justification over certain actions that are taken in our political system, there is a level of peace of mind being happy and seeing people around you happy too, life shouldn't just be always about you think of others too, how can I be eating seeing the common man not eating. Absolutely people have different mentality as regards to humanity, conclusively am just of the opinion help should be given when you have the opportunity to things has really gone worst.