I wonder how much you have actually traded yourself. 50% gains are not common in everyday trading. This can be evident if you checked price charts on any site like coinmarketcap and did your own analysis instead of listening to what others say. Definitely a 30% or more gain is an imminent times to sell and book some profit because the crash or a correction would be coming pretty soon and you never want to be selling at the bottom of it, or miss out the opportunity.

However some people have different methods of trading and thats where differences in opinions arise.

There was a big drop that happened today more than 10% price change in the the prices of all coins. I am guessing this was the the correction that was supposed to happen after this bull trend. It was evident that the market was getting inflated by manipulation means or just something that we are not aware of yet, but a drop was coming.

If the growth was organic then the bulls should push back the bears and recover.

Its seems easy for you to say so at this point since bitcoin crossed 6k to reach 7k, but it could have gone down as well. Thats the risk associated with crypto and you never know how hard its going to fall. It might seem tempting to  buy at the dropped price since today its a big drop that happened after this bull market, but again you have to careful where to enter.

But even if you do enter at the wrong price there is nothing you can do but hold

The money is the reason they entered the casino but the greed is what keeps them going and not stopping. Whole groups of addicts are just fed on by their inner hunger of greediness.

They are often those who are willing to defy logic because technically its not possible to beat the house edge if you are continuing to play without stopping after a green streak. But who cares about these logics when drug affected retarded brains start playing a shiny game of slots?

You are right about the fantasy part. Its what every broke newbie trader wants to get in their trial of trading. They dont want to be a professional in trading but just try their hand. So they seek out some guru and they tell the wannabe some cheap shitcoins to buy when the so called advisor dumps their load of shitcoins on the market or even better does an OTC deal with this poor guy.

They tell them that the coin will be huge in future, exactly what that person was willing to hear and so they fall for this trap very easily.

We are and we will be till something drastic happens. But note this that even a drastic change wont happen till several years of development. If bitcoin becomes the mode of transactions in future then you can be doubly sure that banks are the first to accept and take up the pro-bitcoin stance. Its highly speculative of what will happen once that becomes the biggest bag of bitcoin.

You would be too late if you think this in the future. It has already started happening. JP and his crooks are stocking up bitcoin on every dump. You can be sure to see them manipulate the market in future. SO stock up your armory before low prices run out.

It is not. Any speculative market is something that needs way more time and determination that what average people of this forum think they need. People here think that they can make money buying some shitcoin and wait till it pumps 100x of its buying price. Thats very rare, like hitting the jackpot.

What is the problem if you dont look into different strategies? It only gives you more ideas on how you can place trades and how you can anlyse the market. Its not always about trading, but also learning how to trade and when not to trade. Not every time is a good time to trade - a false pump happening may attract sellers, but be careful not to fall for such traps.

Fundamentally called scam by brain dead idiots brainwashed by government propaganda against crypto. They were not even given the time or the proper knowledge to learn about crypto and its usage. Since we as humans tend to call things those are not reachable by us as "bad" - this idea came up and became popular in the internet. What is true was far from it.

In a few countries crypto was made "the" mode of payment but this wasnt the way for bitcoin. Instead they created altcoins for their own country. I do not support this idea because with a altcoin controlling a countries economy a lot of problems can arise.

Verification and anonymity is one thing and feasibility of using crypto to deposit is another thing. While there are people who are trying to do shady stuff by offshoring the money through these gambling sites as a temporary wallet, these tainted sources end up being KYCed and they often land up in this forum as "scam accusations".

But every casino has its own terms and conditions for such cases, obviously they will not take any blame from authorities for their players sending in fraudulent funds.

30-50% gains in a few days is a huge profit. I am saying this because I havent seen such rises in the market unless some big bullish news sets in and people start to buy into that news. Majority of players tend to look out for such news and buy and this pushes the market up. Bears will bring selling pressure into the market now to make profits. But regular one digit percentage rise and fall is normal.

Still if such rises happen everyday you can understand how high the price will reach gradually and thus is unlikely to happen several times but will happen after a big interval.

I agree, you should not buy lottery tickets if you are not willing to accept the loss that they bring. Obviously one person's loss is another person's gain. You cannot hope to win every lottery - in that case what would the casino win? But there are people who actually love to put their money on tickets and they tend to buy them. Its like a hobby for them - they are hoping for that lucky day when they end up buying that lucky ticket.

Martingale would work theoretically if you have an unlimited bankroll. Fact is that if you had unlimited money - you would not gamble at all.

Gold is also prone to market volatility and in fact the volatility of gold is much more than bitcoin. Bitcoins volatility is often time dependent - certain trends tend to push up the price like an positive feedback cycle and gold tend to vary between points in a known amplitude. There is a lot of difference between the two and they are not comparable in terms of government reserves.

You can keep that idea aside. Governments would rarely if ever accept crypto unless they are a failing economy like Venezuela. Rest of the countries dont even care about what happens with crypto unless some big institution in that country comes up with a demand.

We still have wall street traders who make up majority of the markets. Crypto is still a very small percentage of all the markets in the world. This is why people who want to trade mostly come from a background of trading stocks and bonds and then precious metals possibly after that they go for crypto. So the good people to learn for would be people like Warren Buffet.

Its not that he is the one who is a god but people tend to idolize someone in order to proceed in life - thats normal.

Beginning of trading should always be with the basics. Here the basics can be knowledge from stock market trading or commodities - at least some idea about how speculative markets works should be there. Complete newbies are going to get scammed easily if they enter crypto. Secondly the rising price is a wrong time to enter. It draws a hype but that is not the proper time to invest in.

Rather the time when prices are going down and remain less active on social media buzz is when you should buy it.

If you look at this in a way that a gambler is winning a certain bet, what happens to the mindset of that gambler? Do they stop and cashout their money? Or do they become over-confident and rush in to make the next risky bet? 99% times it is the second one. That is the reason why casinos are a flourishing business. Those rest 1% add up to the loss that a casino makes but its pretty small compared to what they earn everyday so its affordable.

Bottom line is that every gambler is responsible with their money. What they do and how they wish to spend it should be their choice. However just one person winning a big bet does not mean anything - that guy got lucky thats all.

Maybe they have a reason but that reason only stays for a short period of time. I am yet to see some shitcoin about to do something that changes the financial system something that bitcoin was capable of doing. None of them have done any such things and most just piggyback on bitcoin's bull runs to start their own bull trends - this is only visible when the bear market starts and leads to altcoins bleeding out.

Most of the altcoins are just money making schemes for the developers of that coins and not the investors. Get that fact in your head now. But greed on part of the investor will make them invest in these shitcoins so these words make little sense to them.

I dont think its a sacrifice to hold bitcoin. It should not be thought that way. Its what a person has planned to do. If they are holding then it should not be that they are forced to hold. It should be spontaneous holding because they entered the market knowing that its very speculative and wanted to make profits from long term holding.

You are right about yourself but this may not be true for everyone. Some people have already planned to buy or sell at certain positions and thus they will do so. Whether it will affect the market adversely is another question.

It varies between traders. Some prefer to get some small profit everyday while some aim for the big hits on some shitcoin. It does seem like a gamble at times for such people but day traders actually make money by getting small profits on every trade or calculated losses followed by compensating profit on the next.

Opportunity would already be missed if people didnt buy at 6k because now the market is correcting after yesterdays bull run. Its coming back a small portion before its going to go up again. It could go sideways as well if the bears became all the more dumb and wanted to crash the market even more.

I believe both the employer and employee are taking good measure to stock up more and more bitcoin as time passes on. These institutions are not delusional trolls like majority of no-coiners are. They are way more intelligent than what you think you know and that is the reason they are multi-billion dollar companies running this world with their influence. They know what will be big and worth investing for the future.

Seeing them the employee, at least those who are rich enough among them and have some wits would also jump the bandwagon at start trading bitcoin when they have money at hand.

I dont think you understood this topic. Think of it this way, the amount of losses you make versus the amount of profit you make - which one is bigger? Or what is the net profit/loss from all your games. It is definitely a loss if taken truthfully unless you are some really lucky winner of a jackpot.

What I mean is that the entire gambling process is not supposed to be a profitable game for the players, obviously the owners of a casino are running a profitable game and they are at a profit. This is not because the casino is unfair - they are fair, but people lose money due to their luck and the house edge.