In this bear market lot of people were suffering about how to minimize their losses,for them trading is one good way to make daily profits and minimize your over all losses you made from the long bearish trend.SO these are the mistakes need to avoid when someone starts to day trading. 1.Don't trade based on your emotions,just concentrate on FOMO and FUD. 2.Only risk the amount which can be affordable for you or just don't enter into that trade. 3.Don't use the technical analysis more,its just a tool to predict but still there is no reason for it to happen cent percent. 4.Don't day trade only if you don't understand it. More points about mistakes need to avoid are welcomed here for the newbie to learn. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) The last of your points is by far the most important, there are too many people trading cryptocurrencies without a clear idea of what they are doing then they get humbled by the market when they lose their money but at that point it is too late they have already lost so much money that no amount of knowledge and experience will help them to recover quickly from those losses, so the best thing to do is to learn technical analysis first and then once you are good at it you can trade. But "prevention is better than cure" so the traders need to learn all the necessary things which is needed for complete trading then only start risking your money because I feel it is so hard to recover from the losses once we made it.
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I didn't paid any VAT tax for my transactions or maybe I am paying it without knowingly.Why should we pay taxes to use our money? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) This can be one of the reason as well why government and bank opposing the decentralized payment system but they can't do anything until we are using it while don't care about the prices.
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I have realized most of the bounties here are being managed by New account with copper membership... Is it that they know their projects are scam so they are afraid to get red trust on their old accounts?. Why do you think they do that
If someone is new to the forum but want to post ANN and manage bounties then their option is copper membership which can avoid illegal hiring of higher rank members. But when someone want to do scam things they can and create new account and buy copper membership for few bucks then they can start their attempt.
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Can you incorporate a 'habit' into these three categories as you said conscious, subconscious and unconscious?
I think addiction is a habit, you cannot change it simply. To change your lifestyle like 'eating' for an example which you always did everyday. In other to change how you eat from rice to vegetables, your stomach needs time to adjust it. It may take several weeks for your stomach to be comfortable with a new diet (with vegetables).
Likewise with addicts, for them to do gambling is a habit that they have done every day. For someone who has undergone this habit for a long time, they don't need to be aware of the dangers of gambling, the dangers of addicts and other dangers that are always said by many people. Actually they already know what people say and I think they have understood the consequences that will be experienced, and maybe even for some of them to become addicts they won't find a consequence in their lifetime.
Habit is something we are practicing everyday and we no need to tell our mind to do that thing after a while we practices it,it will keep doing the things as always like you said eating but when you want to change your eating style then you need to practice it like for few weeks and then it will move to your subconscious or later then you started to accumulate it.
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![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fmedia.giphy.com%2Fmedia%2F26ufaBRDVgEJVrqak%2Fgiphy.gif&t=664&c=GMWp5DM9TLNUaA) I too love all the drama threads going on reputation and Meta sections against the new DT system. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Expecting this thread to be more fun to read.
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Reporting his post waste of time because he is making new thread. So should we tag him or moderator will handle this ?
When someone copying their own thread on multiple boards,it is also plagiarism an needs to be banned.So it must be reported as plagiarism then the account will get nuked or banned soon.Until that negative tag will save people. Note:I reported people for copying their own thread and got banned as well.
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I think only expert trader that can make analysis the market without using indicator. I personallly use minimum 1 indicator to know where the support and resistance. Indicator will help to determine support and resistance area, and also will help to predict the trend and price action.
Its good for you if you have some reference to predict the market,even experts will use the indicators when they are day trading so people who were doing trading without indicators are just like gambling with their money.
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By the way newbie can't have signature right? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) How all these newbies still have their signature on! Need to get some attention from theymos about this issue.
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check last message, BUMP is accepted only 1 in 24 H
and have 4 + 7 post about 1 fake scam airdrop.
Just use Report to moderator,already reported by me. You also can tag him if you feel he is not doing something legit.Post your feed back on his profile,
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Move to Scam Accusations section. Already got tagged by DT members,but I already saw the same layout of website with different name on scam accusation in the recent days so it maybe the same person with different scam attempt.
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~snip~ if the cause is because they don't have income and other jobs, then build a career, can be the right thing
It's weird if one will gamble when he does not have an income, when will he get his money to gamble then? Gambling is not the solution of unemployment, it's always a job and gambling isn't unless it's easy for you to make money, but in any case, it's not. Maybe he will sell what he had and gambling with that money to make money money but this is completely wrong,you can make investment on gambling sites but gambling is not to be considered as investment (i,e.don't expect any return from your capital).
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Enter the market for daily trading can actually be a pretty fatal mistake, Also if you dare to risk any amount of it, actually no one can't afford their money. I prefer to choose not to day trade even if i understand the condition and market circumstance
If you don't have any dare to take such risk then you can't make anything so you will be a slave for some boss forever? Day trading is more profitable with crypto currencies but not always that is the problem with it.
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I don't have much faith on the altcoins for longer term so my preference will be bitcoin when it comes to investing on crypto currencies and the real fact is the prices of cryptos will increase only when the price of bitcoin rises so invest on the main coin to keep less risk.
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If I am not wrong,still his/her account can be nuked! ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Because the user still newbie and not contributing much to the forum,which is can be enough reason to execute. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fmedia.giphy.com%2Fmedia%2FJOeXqZebetYyY%2Fgiphy.gif&t=664&c=u0W-I7MKk1FEqA)
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If you want quit addiction from something then you may need to change your life style and concentrate on long term pleasure like building your career or doing workouts and getting success in your business like that.
Everything you said is what I am agree with but not with the above quoted statement. Changing lifestyle is not a solution to quit addition for sure. Changing lifestyle or workout may help somehow but the main and only solution is the will power. It can either come from inside or can be built through professional counseling. If a person doesn't have will power to quit addiction, nothing will work. Only a person has gone through such addiction, will understand what I am talking about. In general if you want to quit addiction it is possible only by making your brain to quit it which is remove that addicted habit from unconscious memory and it only happens by filling that memory with other stuffs so I am right it is possible by changing habits.But changing habit is not easy it takes months to practice and keep continuing it is very huge hard work but no need of medical help when it comes to gambling addiction.
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That user already having five negative trust from DT members for involving different scams and attempts so if still people were trading with him/her means deserved to be scammed. ![Embarrassed](https://bitcointalk.org/Smileys/default/embarrassed.gif)
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If you want quit addiction from something then you may need to change your life style and concentrate on long term pleasure like building your career or doing workouts and getting success in your business like that.
You can't quit addiction by just simply changing your life style.. We have to know the main source of addiction, and we need to cut that into our life. In this sense, it's gambling so we simply stop gambling, and that's a hard thing to do when you are addicted. You can't simply quit anything so you need to have something more concentrated on your life which can help you to forget that addiction,but not easy tho.
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Addiction means your mind want something in a regular basis to satisfy the dopamine needs.
Your brain has three status of living conscious,subconscious and unconscious.In the stage of conscious your mind knows what you are doing but on other stages you may not unaware of what is happening even if you are living in it.
So if you are having some habit to make you pleasure on short term like gambling,porn or dating and other lot of stuffs will become an addiction when you want that happiness everyday.But these things is not your long term pleasure it just only meant to be short term but your mind turning it into long term by making you keep doing it very often because your subconscious and unconscious make it as a habit already since you are doing it already.
If you want quit addiction from something then you may need to change your life style and concentrate on long term pleasure like building your career or doing workouts and getting success in your business like that.
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Could you explain no4 better. Because I really don't understand
There is a typo in it,now edited to right. If you still want to understand it,day trading is like a job so you need to be available all the time and also it is simply not based on the hope it needs to be lot of analysis involved to make the daily profits and also you need to understand the fact that day trading is not profitable all the days you need to face losses as well.
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Erena.io signature campaign need to be moved to previous campaign list since you already marked that campaign finished here. Congratulations for running many long running campaigns. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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