Knowledge is very essential because it gives you an edge or the idea about what you are planning to hold, holding without knowledge is like walking in the darkness without knowing what you may step on, just like school we set a goal to become a medical doctor but perhaps you cannot become medical doctor just by seeing them operate on someone instead you will need to acquire the profession knowledge and by doing so you will need to enroll in school to acquire the knowledge before going into it. So coming back to holding knowledge is the first thing to enable you understand the ups and downs about your planning to holding.
You need both, if you have a profound knowledge about bitcoin but you do not have the money to buy any of it and hold it then you cannot really obtain many benefits out of your knowledge, and if you have the money and you buy bitcoin with it but you do not know much about bitcoin then it is going to be very difficult for you to hold your coins when the whales manipulate the market and make it crash out of nowhere, so it is not like we can pick one over the other, since both are needed for a person to have reasonable chances of holding their coins until they reach their financial goals. Knowledge is useless without having the money but having this kind of quality or intellect then you would really be thinking up on how to make money or getting other source of income on which you would really be that an advantage compared into those people who doesnt have that kind of thinking because if you do have that kind of thinking or plans then you would be having the advantage compared into those people who doesnt think about ways or methods on making things more better. On the time that you do know on what you do gonna do then having the idea that you might really be that able to make profits on this kind of action on which it is really that normal that you would really be that having those doubts about the risks involved. Holdings does need knowledge and control too because if you are just that naive or doesnt have that kind of idea in mind on whats the reality of this space or market then most likely you would really be ending up on making out mistakes. |
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Profit overnight can be only made if you are going to sell a product or service and already have a customers' base ready to buy or hire you. Usually you do this by scheduling with your base before starting the business, so you can calculate accordingly how much you have to invest initially on your business and how many people you will supply in a first moment.
However, with so much competition nowadays it's hard to create a base of customers. People are volatile and might not support your business when you most need them.
In every cases, such predictions are a must, especially when dealing with food and perishable goods in general.
However, I can say that it is not really overnight success. Because even though your product is good and high potential in the market still you need to spend some so that you can market that so well. Even though you are selling or offering a services there will be some time that you need to spend so that you can reach more people and by doing that it will help you to establish your business and earn more. The wrong thing on which those investors or business owners specially new ones which they do really that expect something more in a short time or simply with profits which we know that it cant really be that possible that we could really be able to make profits in a short time because we know that there are really factors which would really be affecting your profitability and its not really just that taking a very short time. You would really be needing to be wise and needing to be smart in speaking about business or investment for you to be able to make profits and wont really be that in a rush because this is where people do commit out mistakes and errors on the time that you would really be that having that kind of emotion on which you are rushing on making profits without minding about the risks. Everything would really be coming in a process on which it wont really be that shocking that it might took long or not depending on the demand that it would really be having. |
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But usually, some influencers give bonuses to people who join under them to encourage their members to gamble more often. I've seen some people share tweets or posts that say they will give bonuses to people who join under it every week. That means the influencer gets a hefty commission bonus because they can distribute the bonus to their members.
This is one of the most effective way to gain referrals, offering a free balance to anyone who joined under the link or give to random users among those who joined. It is good to get many referrals but it is not good to get real gamblers because most people who are joined because of the offer are those who try to get free money only without a great intention to gamble with their own money after register. If the influencer want to get more commission, the best or the most effective way is to held a competition or tournament for the referrals where the influencer give bonuses for the most active referrals. The influencer is always safe once a casino will choose that influencer then that influencer will be secured as we are all know that once they are chosen then a lot of money will come to the influencer and to the casino. Cause the social media influencer make a video that will involve the casino and the viewer out of curiosity they will open the link and then once they will amaze the offer of that casino then they will go for their deposit. So another income from the influencer and the casino. I agree with the fact that, an influencer can easily influence the decisions of his viewers through the manipulatives games process that involves the casino making sure fhat the influencer wins all the games to make the game look easy to onlookers, who will unknowingly register on those casinos. Apart from the casino making the influencer to win all his games to make winning in the casino seem easy to onlookers, there are still some really gullible people who always see influencers as angels who knows it all and never make or will make any mistake, they tend to totally trust in the influencer that no matter how the casino is treating the customer, he or she will continue to play there as long as it is the same casino the influencer he or she is following is playing on .. I am on bitboy's telegram group and I've seen some members of the same group say that they can never stop playing on stake as long as bitboy remains their affiliate partner, this is not actually a bad decision since stake has established itself to be one of the best online gambling casinos, but what if it was a wrong and scam casino bitboy was promoting .. Anyone who do promote a scam casino shouldnt really be followed on and there's no sense for a certain influencer if he would really be chosing that path because sooner or later, he would definitely be busted up on which it would really be just that too dumb for people not to be able to notice it out if there's something shady that it is really that happening. There are indeed people who do really follow their idols or certain influencers no matter what which same as you said. The thing that really boggles me whether this might be true or not that when it comes into their gambling sessions which we know that most of the time these fellas are really that funded by the casino and at the same time they do really have that good winning or hitting rate with those things which it would really be poking up someones interest on playing on just simply watching which it would really be raising up some questions, arent the odds been adjusted just for these influencers would be able to win? or just simply pure luck on that point? In overall, the ones who do make out benefits or take advantage about referral or affiliate is into those people who do have that huge network on which it would really be just that so normal that they could really be able to take advantage or would really be benefiting on the position that they had attained. Its a common approach i should say! |
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Looking to get some real-world feedback on trading bots, the pros, the cons and the most important question... do they work?
So please, only comment below if you're actively using trading bots and how successful they are.
Some bots are really working that you can gain profit from your trades. If you use bot in trading, you don't have to spend time to analyze the market to be able to trade, the bot will do it for you. Trading bot has no emotion since most traders fail because of their emotions. So if you are having a hard time to control your emotions, this is good for you — I think these are the pros. The cons of using bot is that you can't guarantee that in the long run you will become profitable since bot rely only on the program not on the market movement. I have heard the idea of bot as a computer program that has understood the nature of the market and will therefore not fail to deliver profits. But in a real sense that is not what bots stand for. I thinks bots were developed to aid humans in trading, such that when you have mastered your strategies over time and trusted them, you may decide to write a computer program of your trusted strategy to keep trading for you for the few time you will be off the screen. But many people have misunderstood this and employed bots for outright trading business even when the people behind the bot don't know how to trade. If you are doing this, losses are inevitable. I am speaking from experience. For you to profit with both, you must understand the market and how to maneuver the bot This is what newbie do really believe on on which they do really sees those bots are really the ones who do help out on making profits to those people who do make use of them which it is really that very wrong kind of approach on which bots are really for automation just like on what most people been saying about.It do really just turns out that there were people who are really that believing into those false information until they would really be able to prove out for themselves on whats the reality of it. Trading bots do really give that convenience for those who are really making use of it and just like me on which it do really loves to make use of trading bot because it do really follows on what you are setting into those commands. You could freely go out and wont really be checking your trading open positions because the bot is doing that for you and thats why it is really that a great convenience for these tools to be created because of such function. |
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A simple question to those who are hoping to profit on the next Bitcoin bull-run:
How do you determine when is the good time to sell?
in other words: how would you know we've reached the peak?
Do you have a set "goal" price at which you'd be selling no matter what happens? Do you intend to sell incrementally as the price goes up? Or maybe when the price gradually drops (e.g. it goes down for X days in a row), indicating we're past the peak?
Sell when in greens - How much? It would really be according into your set goals or targets and this would really vary on each of everyone. Determining on when to sell would be always be pertaining about the positive side of things, the only differs on here is on how much in % you have gain and it is it really worth the wait? Knowing the peak? There's no knowing about the peak because if theres one then for sure we had sold out all of our Bitcoin stashes on the time that it did hit 69k and would really be having that instant crash. Selling decisions will really vary on someones profit taking measures which there are ones who do mind for short term and there are ones who do really come after for long term holds on which it doesnt really matter on what are the current present approach because they dont really care on how it should be because there's no way that they would be making up some closure in regarding into their position. |
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snip
And if you don't get satisfied with it, just do this: 1. Install an iOS-style launcher. 2. Download a skin, theme, or icon pack. 3. Get some iOS-style apps. 4. Apply a new lock screen. 5. Update your Quick Settings with a Control Center app. 6. Try an iOS emulator. StepsBut using up those skins or launcher could a bit laggy (basing up on experience) dont know though if the current ones do give out that seamless experience specially on hovering animations because wayback i did really have this kind of download and trying out to mimic that iphone skin because i cant just afford one but honestly it doesnt really make that difference. Your mind telling you that you are just using a fake one literally and cant really replace the original but well yes but its not really that a bad idea.  Human beings doesnt really have that kind of contentment in life on which on the time that they would really be seeing on whats new or whats the current trend then we do really hate up ourselves not to be able to get in line with those stuffs and as long you do have the money or budget then you would really be dying on getting one and dont make yourself get behind with the trend. Some people do have this kind of mindset and there are those people who do mind much more about investment or long term runs and this is where Bitcoin could possibly get or kick in, if you dont mind such stuff because you do have your parents or have that other sources then it would be your choice. |
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~
Yes, always think positively by using a healthy mindset, for example, as it is said, don't chase victory too much, just play wisely and enjoy the game, because when people gamble responsibly, especially using a healthy mindset, such gamblers will know when it's their time. will gamble and when is the time for him to stop gambling, the point is to always limit yourself and also limiting your budget is very important in gambling.
I also do this so that I don't gamble too deeply or too far, let alone go beyond the limits of a normal gambler, there is nothing we can't control, gambling must also be done with one's own desires and self-control, because other people may not. can stop us if it has become a habit and become an addict.
I just want to add that even responsible gamblers sometimes lose several times more than they could easily afford to lose. I want to say to those people, do not despair! Don't say to yourself "I don't have self control". Relax. It happened once, no problem. Just don't chase your losses, instead simply withhold from gambling for several days or weeks, and this is how you prove to yourself that you have self control. It is good to have self-control for everything, so we prevent things from getting out of hand. When a person has self-control, they do not overspend and control their emotions more and do not lose. What they lose is what they were predestined to do. That is, the casino will always be one of the ways in which we can get excited and have very strong emotions, because many things are activated within our body and it can make us happen or do things that sometimes we do not want within reason , but The emotion sometimes makes us play for ourselves because we have the hope of winning and that is only worse because if you lose , the problem is to recover the money, and you do not have to try to Recover the money inside the casino, because you lose more , many has happened to them. You made a really useful point when you said that when we lose to the casino, we should try to recover the money but not through gambling, because trying to recover the money back through gambling most of the time leads to more loses, just rephrasing for better understanding since your post wasn't clear enough.. Anyways, that's very true and I completely agree, but then, this can only apply to those who have other means through which they make money , which is a reason why I have always advised people to not depend on gambling for income, gambling should always be for fun and even if we are playing for the money, it should be occasional, not always. Chasing losses is never been ideal and this is something that would really be giving even more losses which is something that we dont really like to happen but well regrets do always happen at the end on which you wont really be able to think this up when you are just starting but only just in the end of the line. You should really be responsible on whatever you are dealing with specially on gambling where money would be always be the main issue on here if you do find yourself that impulsive or really do make out some bad decisions in correlation with your finances. If you arent that smart or wise enough then loses along the way would become even more worst and on the time comes that you would really be making yourself that realize then this is the time that you would really be making yourself that kind of actions. Be responsible and be wary with y our actions because if you would just simply ignore and reject out the potential risks then you are really that prone into a huge disaster when time comes. Dont let this thing to happen into you and this is why it would be better that you should really be acting accordingly which you do seem to be worth on doing so. |
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This is true, manipulation can happen anywhere and have different effects. Market manipulation, for example, can have a good effect on others but can also have a negative effect on some. Moreover, market manipulation can be big or small depending on how much changes it may cause. And yes, cryptocurrency can be manipulated in some ways as well.
Because cryptocurrency can also be manipulated in several ways by certain parties, as cryptocurrency users we must continue to research carefully so that we can find out what things are often used by certain parties to manipulate them. These are the methods that we need to know now so that we don't fall into this manipulation because we are users who use cryptocurrencies very often in the market. The impact does exist and is also very real because it aims to maximize profits for the perpetrator of the manipulation by causing harm to other people so I will not say that this will have a good impact on certain parties because every thing that is done using bad methods must be it is still considered bad even if one party benefits from it. Market manipulation is much common with cryptocurrency. Particularly this can be experienced much with altcoins are centralized. The real manipulation can be experienced when the entire market is bearish and one particular altcoin bounce. If we go deep we'll come to know that particular altcoin doesn't even have a minimum viable product. Apart from this we will be able to see good number of dump and bumping service providers. The impact of those groups won't be that big, but to some extent it helps with manipulation. Yes, it's true, market manipulation is common, even the media also manipulates markets, most of which are owned and controlled by people. Obvious market manipulation is common in these traders' playgrounds, but it helps to have a solid understanding of fundamental tactics so that the average us can at least have a fighting chance. When you see market manipulation, what can you do to avoid getting caught in the middle of the manipulation if you still want to buy the coin? Myself When I look at altcoin prices in particular there is a lot of bot activity on certain coins in certain markets, this makes it very difficult for me to buy, for example bots place larger buy or sell orders before my buy or sell order, thereby pushing the price up or down . Market manipulation is only can be possibly be seen or would really be that obvious on the time that sentiments do flew around but if there's nothing that you could see or simply move out without any sentiments around or really just that random then for sure you would definitely get surprised on what actually happened. We know that manipulation is really that somewhat rampant on whatever market that we are dealing with and knowing that there are several types then there's no really exemption to that on which it would really be just that normal that there would really be those people or institutions who do really love on taking advantage and knowing that they do have that financial capacity then it wont really be an issue to move markets accordingly. On the time that you had noticed that it is really a possible act of manipulation then riding with the waves cant really be determined easily specially if you are a short term trader then this movements would really be that something preferred but if you are that someone who do hold for long term then this is something that wont really be bothering you. Not all would really be that wise and mindful on the actions that they would be making on the time that they would be able to encounter such situation. |
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A crypto exchange based in Hong Kong, CoinEx, is dealing with a security breach. They've lost a significant amount of ETH and TRON from their hot wallets (4,946 ETH and 354,762 TRX so far). The company is looking into it and has promised to reimburse affected users. Source: https://thedefiant.io/coinex-exchange-hacked-for-usd28mCyvers Alerts, a crypto alert platform, reported that one address received over $5 million in various assets from CoinEx - https://etherscan.io/address/0xcc1ae485b617c59a7c577c02cd07078a2bcce454Well-known X/Twitter crypto investigator, ZachXBT, shared more addresses related to the breach in his Telegram. The story is still developing. Anyone affected? Please share your story. I havent that experience on using up CoinEx but i heard this platform and in speaking these breaches and hacks then its not really that a shocking news that one day there's one that pops out and this is why its never been ideal not really that suggested/recommended for you to store up all of your funds on an exchange. Im even that skeptical on doing so even on Binance, how much more on not so popular platforms? They could always be having the chance on having those breaches or those issues on which it would really be leading on losing those funds but to be able to read up which they would really be having those kind of reimbursement or be giving back into those affected users then this is something that the good news where those users would really be looking for or really expect to happen. Good thing that they do have those back up funds just like that SAFU funds with Binance. Im wondering if the trust and credibility wont really be affected out just like on what Binance have in the past? I dont think so it would be similar but at least they did make out some good gesture and action which it is must thing. |
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Affiliates and YouTubing is totally fine! Yes, you might be making money trading, but do you know what's better? Making money by trading AND making money through affiliates and YouTube revenue. As long as you do affiliate marketing and YouTubing in a moral and ethical manner.
As for pump and dumpers and people doing fake TA, fuck them.
The more the merrier, right! This is what we do really have in mind on which if people do able to earn from their trades then why not really be making out some videos and trying out to show up to people about your trades which it could really be generating even more income for you or simply affiliating on which we know that it isnt really that always that those people are the bad guys or simply just that pretending. Trading results cant really be that faked out and if people would be seeing that you are making some good trade positions or simply just been that profitable then it would really be that an additional income for you. If you do find these influencers to be that fooling people then you do always have the will whether you should be staying or avoiding them or you would be simply be seeing on what they are showing. It all matters to you and you do have that self will and control on whatever actions that you would really be tending to do so. It is really just that a matter of choice on which you do seem which is right for you or not. |
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Since we all know that Roobet.com regularly hosts an Art Contest here on Bitcointalk and they say: Bonus Free Spins!: Some lucky participants will be credited with Free Spins I'm not sure if this is my fourth time joining the Roobet Art Contest on Bitcointalk. I've won twice but never received a free spin as a prize. I want to know if other contestants in the Art Contest have received free spins, even if they didn't win. I have never participated in this contest because I don't have those skills so I don't know for sure about the free spins that participants get, but from the statement you included and I also checked directly in the art contest thread, it clearly states that only some lucky participants, meaning not all the winners or not all participants took part this contest will get a free spin bonus, and it is not stated the criteria for getting it so the award is random whoever gets it, only Roobet knows, and I'm pretty sure the lucky ones will have gotten it. Getting free spins is really fun so we can try Roobet casino and if we are lucky we will get attractive prizes of course. Aside on getting that contest money prize which you could really potentially have the chance on getting some free spins?Wow! This is really just that a good add up because you wont know on how those free spins would really be ending up.If you are really that extremely lucky then you might be able to stash even more which it would really be that great. If it mentioned that only some lucky participants then it would really be just that selective. It would really be good if there's someone who had been able to win and having to be able to get those free spins afterwards on those previous contest. I dont know if this free spin given is just that recently added or had been already seen on previous ones. I cant remember or havent been checked out. |
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We do have similar past events something like this but this one happens on ETH transaction. A crypto exchange accidentally paid a $24 million fee for a $100,000 ethereum transaction – but the miner agreed to return ithttps://markets.businessinsider.com/news/currencies/crypto-exchange-bitfinex-ethereum-tether-transaction-fees-error-deversifi-2021-9Therefore, there would really be high possibilities or most likely this amount could be given back but it would really be depending though on the miner. This is why its never been that ideal on making up some rush transactions because this is where mistakes or errors could happen and sometimes its something that would really be costly and there's no assurance whether those amounts would be given back or not. Lets just hope that particular person would really be able to get those and that would really be entirely be depending on the miner. |
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Whenever there is decline in price, it serves to be a panic factor. To avoid such situation it is always good to stay away from watching the market. When we get into something new, we should have the eagerness to keep ourselves in a better position knowing everything associated with it. Through this it is possible to understand the real market and prepare ourselves than just losing due to panic waves.
It is necessary to have knowledge on what we're getting into so that we can understand what's happening and would not wonder on why the price is declining. But the problem to some investors are they didn't take time to learn before investing and just blindly invest without even a basic knowledge about it. These investors are those who often panic when the market is in bearish so they just sell at loss before the price goes down further because they think that's the best decision during this time. Bear season is inevitable but this won't stay forever. So for newbies, stop worrying because as long as you're holding Bitcoin and established coins. The time will come it will bounce back once the bear season is over. Lets take for example on what happened recently about the price which it did really dropped down to $25k, so lots of anticipations that this strong support would really be having that breakout which it might cause for more dip but we are wrong once again.It did make some bounce as of this moment on which its price is playing around $26100+ which for those people who did make some long position then for sure they did make some profit in very short time and im one of those.  . Once the price do hit up a strong support then there's only 2 things might happen whether theres a breakout or would really be having that rejection which is something that you would really be needing to take risks if you do have plans on taking advantage with that kind of possible entry point. If you do keep on watching the price and you are really that going for long term then it isnt really that much of an issue or something that you must do. Better DCA when you do have the funds and looking into the market price which is really that decreasing on which you could really take advantage with that movement and something that you could really be able to make money if done right. |
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Day trading is very interesting to do because it's one of the most convenient means some people finds so easy to use in trading especially when they are specialized on a day to day trading activities and want to realize some income from it, day trading must also be done with utmost care in other to avoid making unnecessary mistakes, we have to engage in the use of trading indicators to help us achieve the best and maximum degree of our expectations in trading each time we are doing it.
Most of the day traders lose. Many are just optimistic with their experiences and despite that many of them are losing, they've got passion for what they do. And that's why many day traders are also prioritizing just to have more in their portfolios. If there's someone who would really make profits then its always that there'a always those people who do lose up the other side of the trade on which and this is really the basic principle that we do have in this space. To those who are profitable then they are the ones who would be considered to be professionals or someone who are really that veteran on who could be able to handle themselves on this very volatile market. We know that getting such skill is never been that easy and this is why we do really struggle on acquiring such skills which would be taking up some time and this would really be that lots of people been trying. We know that there are different skill sets needed on what kind or type of trader you would be, whether you would be a scalper, daytrader, or swing trade or long term ones. If you are making a life with day trading then you would be needing to face up that harshness of this market when it comes to volatility. You would really be that actively be that checking out price movements every now and then. |
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At least here in the United States, big time lotto winners going broke is a tale as old as time. The majority of people who tend to win these lotteries aren't financially savvy individuals (typically why they are wasting money on cheap lotto tickets in the first place instead of putting their money on shitcoins or penny stocks, for example, that actually have a lot better chance at "winning") so they get the money and blow it.
Invest, invest and invest. If you win a bunch of money gambling..invest it people. Have fun, but invest the majority.
A person with a business mindset will definitely go for investing a very large chunk of the money they've won in something that they know can generate some money for them and that income stream won't just close down or cease to provide for him, and if one has a lot of money, they can create multiple streams for themselves and that will make their life easier. Even if someone wants to enjoy and have fun, they can always do that with the money they will earn from their businesses and investments. However, a lot of people who manage to win significant amounts of money either through gambling or lotteries tend to waste that on materialistic things or just blow it away as you said, they don't make good use of the money and when the money runs out, that is when they realize what they've done. I agree. I think there are some gamblers who were lucky enough to win a huge amount of money but they end up spending it on materialistic stuffs as you mentioned and wasting it. People with a good mindset would choose to invest that money in Bitcoin or real estate to generate long-term profits instead of squandering it on things that won't yield any returns. Being wise and patient in this situation is really important. You must make really good decisions about how to use that money before you risk losing it for nothing. Once you do hit up these numbers or to those money that you havent been able to held up on your entire life, then for sure the primary thing that comes up into your mind is on buying the things that you've been wanting all your life which this is likely the thing that would happen first before you would be minding other stuffs like investment or having a business. We know that money could really be that easily to spend and if you are really that having that impulsive approach then you would really be finding yourself becoming poor once again if those funds had completely be depleted. This is why you should really be that wise when it comes to spending if you dont really be liking to finding yourself that being poor again or in middle class. We know that $600k is already that big in 3rd world countries on which this is something that could changed up your life completely and since this money isnt something that you could really get so easily or simply once in a lifetime opportunity then it is really jus that right that you should really be that wise on how to make use of it well so that it wont really be coming to waste. Its not bad to buy up those things you do wish for but always be mindful on longer runs, always be having that good financial management if you dont like on being poor again. |
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It's the process of making money and reinvest make money and reinvest. If you made just some lucky 10x profit but you can't keep up your stradegy for the long term then you don't build any wealth. If we talking about trading and you don't build wealth with starting capital of 50$ then you woun't do it with 1000,3000,5000 either. If we talking about real estate , first you need to understood the " mortgage markets " If you make like 10 year Investment plan because you been told real estate always good Investment then it's gamble everything what you don't know about and can't control it's gamble. And gamblimg is not business so dont call yourself like investor or traders  You think by holding the gold,silver and you always stay in profit that kind of mindset it's gamble not investing. You think inflation always goes up and money printers working always its also the gamble. You need to know everything about the topic you deal with specially when money is involved. 2023 year Will be good year to teach you Lesson don't take nothing for granted but learn first how it works. Its the basic principle on how things should be done and building wealth could really be on different various ways or types which had been stated above specially in between markets and other traditional business which it would really be requiring capital for you to start on but somewhat on the projected income or profit that you could take should really be in realistic approach so that you wont really be finding yourself to be that impulsive on the time that you wouldnt be able to see those results or on the time that you are anticipating which its really that not ideal on setting out those goals strictly but im not saying that we should not put up some target or goals but somewhat you should really be on realistic side because if you do go into those levels which arent that good or realistic anymore then i could say that it is really that making you do being pushed on doing things excessively which might cause for you to loss or making out some bad decisions or errors along the way. It is really that a trial in between those plans you had set and find if its effective and something that gives more positive than negative, then you would sensibly be able to say and speak that it should really be that taken and should really be followed which is totally opposite on other things as well. |
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Avoiding your emotions is impossible but controlling it is possible.
None of what you've said made sense, because if you're trading, you can't do other things just to make yourself busy because that will lose your focus, I mean, it's not that bad to take a break if it is the right time but if it is trading time, making other things just to avoid emotions is nonsense. Even setting up a TP and SL will gives you emotions no matter what is the result of your trade. In investment we can make ourselves busy in other things because we want benefit from longer term but in trading we cannot move our mind away from trading as definitely this movement can be a cause of missing out timing when we have to take better move. There are many traders who buy coins when the price gets higher because higher price win their curiosity and they think that this will go more higher therefore in this case most of the people have still holding the coins that don't have any value now. So this is not consider as emotions always but this is unawareness of market condition. So try to learn trading because emotions cannot be stopped as if emotions stops then no one will be either wants to take profit too. We know that timing is everything here on trading on which it would really be just that important on when you should get in and when you should get out and this is why we would really be that so mindful when it comes to movement and this is something that we do really need to know about the market movement and whatever sentiment or things that currently happening which means that involvement wont really be that be stopped if ever you would be deciding on not to have some peek in the market just because you do find yourself that impulsive. Well, its a common behavior or reaction for a person who do deal up with crypto space knowing that on volatility which this is where we do make money but also on losing too this is why it cant really be that avoided for you not to check it out. Emotion dealing will be common but due time which on the moment that you do gain up sufficient experience then this is where you would be finding yourself on having that gradual good grasps when it comes to dealing up with this volatile space. |
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As you know bitcoin halving is a few months away (first quarter 2024) and then we may have bull season in 2024/2025. We are all excited about the bull season but no one prepares for it. People start buying Bitcoin and cryptocurrencies when the bull market is in progress and the prices are already high. Some even have the fear of missing out and buy at the top of the bull market. The result is that most people lose money in bull season too.
So in order to have maximum benefits in the bull market, you should have a plan and start executing it unless it is too late.
I have already accumulated bitcoin in my portfolio (70% of my portfolio is in bitcoin) which i will not sell until we are above the all time high again. Similarly, i have bought some major cap coins and a few others low cap too which i think will perform well in the bull season. I have been doing this for the last 3 to 4 months, buying some at every dump.
If the market dumps further, I will not panic and if I have more spare money, I may accumulate more bitcoin. I am confident that this bull season will be the best so far as it will be initiated by institutional investors.
Also, to keep my bitcoin secure and to remain calm in times of dump, I have moved my bitcoins in cold storage so I never get tempted to sell on small profits like i won't be selling on 2x profit if bitcoin reaches 50,000$. My targets are clear and will sell in parts after bitcoin reaches new highs.
Did actually made the same move or thing on which i did bought my hardware wallet and transfer all of my coins there so that i wont really be able to touch it up in case if there would some pumps like x2 or even x3 because im quite that impulsive when it comes if in talks about short term pumps which i do immediately having that kind of impression on which selling out and secure profits.Its true that there might be some more possible dumps that could happen along the way considering that we are still approaching halving event and the price isnt that moving that much and having some small increments of decreasing price which it might be getting even more worst or lower on the time comes or even with this year or early months of 2024 which we know that it is really that near on halving period. We to those people who do have experience and have been on this market for a while now does really know on how this market behaves in terms of pattern or whatever correlated aspect. Instead on freaking out yourself on the time that it dumps, it would be wise on seeing this as an opportunity for you to get in instead. |
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When i was newbie, i used to place a lots of bets for money without planning math about what will happen if i lose! Sometime i rollover more than my fix amount and i didn't stop till my dollar available or till it fly so higher. And i lost most of the time . Although that didn't effect in my life cause my main income source was freelancing. But when i realized, i stop rollover randomly. Now i mainly use gambling as fan, i don't stake on those games which are very uncertain and drain money so quickly. Although money is matter of course but mainly its for fun now.
a slightly bad experience for yourself when you do not have any limits in gambling and fortunately you have realized this and changed your bad habits for the better, such as betting on any type of bet and planning budget and limiting the budget to betting every day or once a week and If you are approaching your spending limit, you have to quit betting even though you have a lot of money, but this method is better than being compulsive gambler without good control. Well, anyone who starts gambling can face such losses because a new gambler is unaware of the risks that are involved in gambling. They place bets by being trapped by their emotions of greed that they will make a lot of money by placing so many bets and the result is always the loss of money. A proper gambler plans his/her bets and whenever they are sure that their bets are going to be positive then they place their bets and if some days their bets go wrong then they stop further betting for the day. We all know that in gambling luck is the most important factor to determine one's winning potential because if someone has a weak luck then that gambler might face many losses while a gambler with good luck mostly win the bets. We should also be careful about out budget because if someone's budget is low then that person should place small value bets instead of high value ones. Everytime on your first time then it would really be just that so normal that you would really be experiencing out those losses which is really that common and the severity would really be high compared into those who are aware on how risky this thing could be specially on doing gambling which it would really be that highly be depending on luck and this is something that you must really be needing to be careful if you do have those kind of aims and targets on making income with gambling which it would really be leading up into disaster. The most important thing that should really be considered on is on how you would really be able to enjoy or entertain yourself on doing gambling. Making money or having wins is really just that second in priority and this is something that people do really misses out on doing so because they had been blinded by their greed and those emotions that would really be playing out on you on the time that you do gamble. Self control and discipline would really be that relevant on these kind of of times. Winning limit? for sure majority would fail specially if greed had controlled you then it would really be that so hard to stop mid-way. Why? you would really be always thinking that what if you would be winning even more? |
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I find it frustrating when my price prediction for the market fails. I know that it is difficult to predict the market movement due to its uncertainty and also that it is not possible to consistently predict the future accurately but it still hurts when I tell it to my friends and it doesn't turn out so. In January, I had predicted that by the third quarter of the year, bitcoin will hit $35k - $40k. I hide my head in shame because right now it is struggling at $25. Maybe I should stop quarterly prediction and stick with monthly predictions. Also how do you suggest I handle incorrect price predictions? Anybody been here. How do you handle it?
We are dealing on a speculative market on which it would really be just that normal that you would; 1. Made a wrong prediction 2. Optimistic approach 3. Pessimistic approach 4. Getting in line with other prices prediction and sentiments Dont feel or make yourself that having that kind of disappointments because it is really just that normal that mistakes on price predictions and speculations is really that common. No man on this world would really be able to know on whats the price that we do have in future days or months or years ahead on which it would really be just not totally that devastating if you do have made out some optimistic approach. This is why it would really be that important that emotion handling is really that relevant when it comes to this market. Everything is unsure and cant be known. One of the main risks that you should really be preparing is on how you would really be able to adapt and go with the flow accordingly basing up on what are the movements this market could give. Adapt and trying to get in when you do see the opportunity and sell out if you do hit up the target you are aiming for. Rinse and repeat. |
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