At the monent, it's definitely time to buy!
It's bear market and hopefully crypto will go up as soon as leaves become yellow
Actually its not really a bearish season what happened is just a correction in which I know quite well that it will later accelerate, when looking at Bitcoin price this year its obvious that the price will rise again, but it's very encouraging that someone who is also into short investment can perfectly utililize this opportunity and purchase more of bitcoin and dump whenever Bitcoin price accelerate with 2x it will sell and make profit, I believe that so many have already done that and be waiting for bitcoin price, because I believe that bitcoin price any slide drop of its price people benefit from it and also people lose from it, its nice opportunity for people who have spare money to invest now in bitcoin and be targeting the next bullish market by end of this year 2023 and the beginning of 2024, so I know quite well that bitcoin will still surprised some investors who does not believe that soon we shall experience a bullish market, from my perspective bitcoin will have different volumes of increment by next year. If you are just new into this market then those sudden declines would really be giving out that impression that this market is OVER.On the time that you do see that the market rose up after you had bought then you would really be that having the impression that it would be having that continous RISE UP.All off those bolded words are the most common impression of a newbie who had just recently step their foot into this market on which it would really be just that normal that they would really be having that kind of impression or beliefs on the time that they would encounter it and not getting used to those movements on which this is really that pretty common this crypto space. Time to buy or time to sell? Even veteran would really be having these type of questions along the way considering the market is unpredictable.Despite on having those tons of analysis whether on technical or fundamental but still it wont really be making out an assurance that those directions would really be followed out.The main difference on here is that into those people who do have sufficient experience and knowledge does know to handle up themselves on the time that they would be able to encounter it. |
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As cryptocurrency continues to gain popularity, more and more people are investing in various crypto projects. Unfortunately, with this rise in interest comes an increase in scams. Here are signs that a crypto project may be a scam: 1. Lack of transparency: A legitimate crypto project should have clear information about its team, its technology, and its roadmap. If a project fails to provide this information, or only offers vague promises, it could be a sign that they are hiding something. 2. Unrealistic promises: If a project promises too-good-to-be-true returns on investment, it is likely a scam. While some crypto projects are innovative and have the potential for significant growth, investors should be wary of promises that seem too exaggerated. 3. Lack of community engagement: A legitimate crypto project will have an active and engaged community. If a project lacks social media activity or community interaction, it could be a red flag. 4. No clear use case: A legitimate crypto project should have a clear use case for its token. If a project cannot articulate a clear purpose for its token, or its use case seems vague or broad, it may be a scam. Before investing in any crypto project, investors should do their research and look for these red flags. By being vigilant, investors can protect themselves from scams and make informed investment decisions. https://www.binance.com/en/feed/post/8041945. Tokenomics, if you do see that liquidity isnt locked or simply their contract isnt renounced then better to avoid and not trust up that project. 6. Whenever they project team do give out guarantees about 10x or 100x or even 1000x return of investment or simply having those kind of sweet words into their investors then better doubt it. 7. If they do start out on making excuses on such key area and slowly pulling out those funds and telling that those are for marketing purposes then better think twice. 8. Everything is trying out to be hyped despite of having no working product or utility which you could eventually be able to see these stuffs on the process. |
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In 2018, when I heard about Bitcoin from an elder brother in the area, I became addicted to Bitcoin. Since then, I started learning about Bitcoin from that elder brother and got the opportunity to learn more details from the forum by logging into Bitcoitalk with his ID. .
And in view of this in 2020 I invest some of my savings in Bitcoin.
From teaching, when Bitcoin broke past record highs at the end of 2021, I had the opportunity to make a good profit from my invested Bitcoins, but my strong belief in Bitcoins prevented me from selling Bitcoins, after which the price of Bitcoins began to decline. Then different people tried to discourage me in different ways but it is from this forum that predictions about Bitcoin and my confidence in Bitcoin still make me come.
As long as the bitcoins are in your wallet, I think you haven't loss. Maybe temporarily you can buy at high price and lose at current price. But depending on the possibility of future halving and Bitcoin's bullish movement, it can be concluded that Bitcoin will surpass its previous high price. It cannot be said precisely when that situation can be created. My suggestion to you would be since you are holding bitcoin for long time so wait some more time which may give you more than your expectation. Another thing is that those who hold bitcoins and be patient will surely succeed in investing. Not everyone have got the ability to hold long-term. This is where many people term bitcoin have made them into big loss. When someone looks for quick money, the risk associated will be high. When we're to take big risk we should be ready with alternate plans so that things can be kept in control even if the prediction didn't happen as expected. The market runs over trust and the same makes bitcoin investment effective over other forms of investment. As suggested until the bitcoin is in the wallet there's nothing to worry, just the market fluctuations give variation in the portfolio amount and the same can be compensated by holding. Would really matter in terms of someones preference and patience on their investment on crypto and this is why we do see different variation when it comes to decision making.Some could be able to hold and some couldnt really just able to do so because just like on what others been saying that we do prefer on seeing profits in a short time basis and this is why we do really come after for decisions which it could generate out potential income without needing to wait further or longer. Investors confidence towards bitcoin is still high because it wont really be sitting on the top of the ranks or in the market if the support and recognition isnt there. This is why on the time that you would really be stepping your foot into this unpredictable market then you should really make yourself that get prepared for whatever situations or conditions that you would be able to face off.Plus we do really have that market which does have that cycle or phase on which prices couldnt really move as we do anticipate or presume out. This is why decision making would be entirely be depending on your goals or targets on which it could be altered out along the way. |
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Both are equally risky, but gambling is riskier because we can feel the pleasure of gambling, making us forget to control our gambling. And in the end, we only know that it turns out that we have lost all the money with nothing left. The risk of future trading is also the risk of making our money disappear, especially if we don't use the stop loss feature and choose Cross mode, which will use all of our balance to trade. But if you use Isolated mode, you will not lose all the money.
That is very clear and simple, all fields will have their own risks, and the two fields referred to here are gambling and trading in my opinion both have a very similar risk impact where psychological and mental will be the main targets that someone can feel. As for gambling, I agree with you that the level of risk in it is very high if you are too excessive in it. The self-control factor is very important in both areas, but there is indeed a slight difference in that the self-control factor in trading as you mentioned, requires one to have risk management, including stopping loss, take profit, maintaining psychological calm and other management to prevent us from what is called MC. Furthermore, in gambling, there is no risk management as I mentioned above, but from a psychological point of view, it is still very much needed here, where control in gambling is only needed when you experience defeat. Agree that both are risky but I still think luck gambling results cannot be controlled but futures trading to an extent can be controlled. If you do the proper research and analyze the data you can predict the outcome. It is somewhat like sports betting, although the outcome will be always in your favour is not guaranteed. Whereas luck gambling is completely controlled by the house. Between gambling and future trading I can say that future trading is more risky. In fact, I am speaking from my own perceptive and that is on Sports Betting and not any other type of gambling. What happens in both future trading and Sports Betting prediction is that you must have knowledge of the subject matter. In terms of future trading, predicting the movement of the coin requires the knowledge of the charts but in Sports Betting good knowledge of the league and the particular teams that are playing including the availability of players will give you a clear hint of who to win the match but it is the choice of odds and the confusion set by bookmakers that makes people lose money. Both are risky. If I see it from your point of view then futures trading is risky. Because there is nothing predictable. Moreover, there is a risk of losing more money in a short period of time. But i want to say gambling is riskier than futures trading. Where you can win or lose all your money in a short span of time. In the case of sports betting, if you take a bet by considering the playing status of the team players there is a chance of winning, on the other hand, there is no such chance in future trading. If there is no high volatility there may be less profit or loss. Since the two differ according to the genre, a trader will favor futures trading while those who are gamblers will definitely enjoy gambling. Futures trading is indeed risky and could really be that somewhat could be classified as a gambling but we know and in the sense that analysis could really be applied then it cant really be totally called gambling at all. Its not literally a gamble but if we do speak about the risks then its high.It is really just that there are people who cant really be able to bare up such risks on the time that they would really be engaging into it. This is why on the time that you would really be making up some futures trading then it would really be just that right that you shouldnt really be having that gambler like approach into this because it would really be worsening up the situation in speaking about risks on which its not something completely random because we could really be able to apply some technicals on every price entry that we do make. Plus, we could really be able to differentiate in between trading and leisure things on which this had been the primary differences and we should really know on how to dealt up with these things in the first place. |
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maybe many people are taking loans online or offline for various urgent reasons, but keep in mind that the habit of making loans will only get you entangled with what is called eternal debt and the possibility of getting addicted to making loans online or offline
A loan is required when you require funds but do not have enough surplus. You should only take a loan if you intend to use it for productive purposes or to purchase an essential affordable asset that you can repay in instalments over a reasonable amount of time. You should never take a loan for speculation or taking risks.If you are in need of any urgent unavoidable Real costs, you can rely on us to help you get through the problem. If you have a good idea or a fresh concept that you are confident of marketing, borrowing money to make it will be a wise move. If being use wisely yes, it will help to generate an income source starting capital but if not, taking loans can be added to your burden and without enough resources you will continue to add more and it will just repeat itself, better to think about it before making any decision in terms of doing this kind of setup, loan for a good purpose is understandable but if being used to other things that not help or only for physical luxury then it will turn to a liability. If you dont like burden then skip and avoid loans and this is actually give some headache afterwards but if you are really that in need or having that plans on expansion specially on your business but you do fell short on funding then having that kind of business loan on which i could say that its a type of loan on which i could say to be that considerable. As long it would be giving out that positive results like revenue or income then i could say that getting a loan is really worth it but on the time that you are just taking a loan on buying up something or some liabilities then it wont really be that something that wise on doing so. Having those bad impacts would really come next in line since you would really be paying up some interest with those loans aside from the principal amount. Be wise always on taking up some actions specially if its really that connected in terms of money. |
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1. what sparked your interest in this decentralized digital currency. "BITCOIN"
2.How has your knowledge about Bitcoin evolved since joining Bitcointalk?
3.Do you have any advice for newcomers who are just starting their Bitcoin journey?
4. Are there any memorable experiences or interactions you've had with Bitcoin and Bitcointalk that you'd like to share?
5. How much help do you think Bitcoin has been of help to you since you learnt about it.
1. Honestly speaking, ive been involved first on HYIPS and ponzis that paying up bitcoin which you could directly make out some conversion to fiat and that was the start up.  2. A huge change which it did really make things clears out on what it is and what are the scams around existing.Even on the slightest and simplest information like on reading up the whitepaper did really make out that huge change. 3. Always make an indepth analysis and never ever make yourself that greedy because this is where you would be finding out yourself get fall into the pit of desperation on which it would be causing lots of errors and mistakes. 4. Lots of exchange hacks which resulting into loss of funds, made out some learnings but well its too late. Loosing lots of coins because of such mistake. 5.It do make out some additional financial support since i've been making out investment and trading at the same time. Earning money is way more than and cant really just only be heavily relying with my day job alone. |
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Every day, thousands of memecoins are launched, and unfortunately, around 95% of them turn out to be scams. This scam epidemic is affecting many people, especially newcomers who lack experience and are more vulnerable to such scams.
The issue arises when newbies join the crypto space and fall victim to these scammers, leading them to blame all of crypto as a scam. While some memecoins have indeed damaged the reputation of the crypto industry, others have achieved incredible success, with values skyrocketing by 100 or even 1000 times.
For beginners, it's advisable to steer clear of memecoins. However, if they still want to get involved, they should consider investing in memecoins listed on reputable exchanges, even if it means earning lower profits. One example I follow is Bitget's memezone, where memecoins may not be listed at the start of their project but get listed at an early stage. Unlike DEX, these platforms provides more security, reducing concerns about being unable to sell,or removal of LPs.
Its already been long time since these crypto scam projects are existing and this one would really be that starting with those ICO days on 2017-2018 and even to now. The trend now is into those fast launch project or memecoins that we do have in the market on which it cant really be that denied that meme coins could make you rich but it would really be having the disaster if you arent really that careful on what you are investing. I could really say that it would really be that a gamble if you are really that not careful on choosing but knowing that crypto meme coins doesnt have that actual utility then investing into it is really that not that ideal nor worth at all because you would really be putting yourself on great risks. Its not tarnishing because people already get used to those scams but honestly there's no one would be scammed if they wont really be tending to feed out those scammers or fraudsters with those fake projects around but it seems that people are really that fan on dealing with scam projects and continue on doing so. |
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People who gamble don't need to have exact figures plastered everywhere in order for them to gamble more responsibly. I think most already have a sense of how much they are only allowed to lose, or allowed to gamble with at any given point in time. Usually, the exact figures recommended by people aren't really followed. Almost all will surely go beyond that figure, and that's them being careful already.
as long as you know your limits, you don't have to worry about those figures. because if you can't contain yourself in gambling, it means, you are in the stage of addiction, which means, you don't care about your limits. so if you think you are on the brink of addiction, pause and contemplate on what you're doing. decide which path you want to traverse or just follow your impulses. either way, that's when you need to get responsible of the possible consequences of your decision. Know your limits not only in Emotion but also with your finances as well in which it would really be the most crucial thing that you should really look into.On the time that you do decide on doing or playing gambling then you should really be looking on how much you should gonna spend on a particular time and wont really be going beyond those limits or borderline if you dont like on experiencing some financial problems knowing that gambling is really that too common when it comes on wrecking out someones bank or pocket.This is why you should really be that wise on making up decisions on point on the time that you do really make out gambling engagement. Playing with care? Its a must but you wont really be minding yourself on playing as long you do know into yourself that you are playing just for fun and for entertainment and as long you arent that breaking your bank and playing in moderation then you should really be just that fine. There are really just that people who do really tolerate up things and become that too careless about their decisions specially on handling their money.On the time that problems exist or pop out then they would really be starting to freak out and mishandled out the situation and comes even more worst which is something that we do need to avoid. |
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Believe and believe that Bitcoin will reach a new ATH in this cycle that will repeat in 2024.
In every cycle, a new ATH is always formed and this time should not miss this good opportunity.
Buying and holding now is still quite worth it, Just need to wait a few months before the 4th halving cycle is reached.
Looking forward to an all-time high break out will be quite difficult, it depends on how you work mentally.
If you panic too much, you will not reach the ATH and always sell when the price is still at the breakout point.
Holders are optimistic about the next cycle. The opportunity must start now, never delay if you don't want to miss any trains I think this is the right time to buy and hold for more than a year to look forward to ATH in 2023/2024. If their mentality is weak, of course there will be a lot of panic when there is negative news coming especially during the prolonged bearish period it is like their patience is being tested so in theory mentality is very important in bitcoin investment. That is definitely a good scenario guys, which is buying at the current prices and holding it for next season because we are not in the big pumd phase yet and that is the level of confidence we have to have in us to hold btc for next season. We see a market cycle that is improving after seeing the strengthening of prices that occurred this week. However, the current price is a pretty good price to enter because we are below the 55% fall from the high. For next year too we will see the halving come and be the right momentum to buy now to hold it for next year. Indeed in the current phase we are seeing a lot of weak hands selling btc and it will be a regret for them after seeing bigger gains in the coming years. Confidence would really be mainly affected specially if you are going for short term trades on which it would really be just that so normal on having those kind of changes when it comes to emotion considering that making up some earlier position but the price is going to the opposite side then it would really be creating out that kind of hindrance on which it would really be causing for you to might be able to alter out such decisions on which it is really that something a very normal kind of approach. Now that the community is really that mind boggling on the current price movement on which we are really that aiming for some recovery for this year. Although its not still ending for this year 2023 but it seems the price is really that way too stagnant.We cant really be able to break out that 30k and how much more on having that impression on breaking that 60k? We are only a few months left for this year alone and if you do believe into those numbers which it is really that closing to the previous ATH then it would really be that hard to believe on but its not really that bad on having that kind of optimism towards price. |
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I can tell you that owning your own business feels amazing. I know it because I own a business which prints money. It gets tiresome sometimes but at the end of the day nothing beats it when I pop a cold beer while counting my profits… Ok maybe having fun with girls in the middle of the ocean beats it but let’s just say this is the second best feeling a man can experience. Working for somebody else is a dead end. Always start your own if can.
It's definitely a great feeling because there's no better job than being your own boss. But business is not easy and not everyone can do it like you. I once opened a small restaurant and I suffered a huge failure and a huge debt afterwards. It can be said that it was an unpleasant experience for me and it took me another 2 years to pay off the debt due to a loss in business. Business is not for the masses and to be successful requires many factors, not just applying the empty theories rampant on the internet today. It’s hard if you don’t have enough management skills to run your own business. Maybe you didn’t do feasibility study on your location that result to your failure. This is sometimes the mistake of many failed business owners, They become excited on running their own business without considering how feasible their business is. Business is like trading. You need to choose the perfect coin before you start pouring money on it. It’s really hard but once you have a better study, You can be successful. When running a business then of course it would really be just common sense that you would really be needing to follow up those common ideas and recommendations which we know that they are really that indeed pretty basic but applying it out on the time that you are the ones who had been handling your business then it would really be a huge challenge.We know that each business doesnt really end up on being successful or being positive on which it would really be varying or depending on some factors if we do speak about those things which is something that would be a deciding factor whether you would succeed or not and some mix of luck. Somewhat you cant really be able to find yourself on knowing the outcome unless you do try.This is why into those people who had been deciding on running a business then its good to have that aggressive approach when it comes to marketing, although it wont really be an assurance for you to have that good outcome but at least you have tried on what are the things that supposed to be done when running a business. You cant really just make yourself that idle or passive on this way. |
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It's a good step for police to do that. There are still many stupid people who keep defend this scam coin.
Yes I heard this news yesterday, it's good that the police finally moved after all this time, the Vietnamese police are very heavy footsteps. They should have moved much earlier, but that's okay. It's much better if the Vietnamese authorities are going to coordinate with Interpol and other countries police personnel. With that, it's going to be a checkmate for this long running trap that has being defended by its blind followers. I am feeling bad for those gullible people that chose to defend this coin even if there's the obvious and news like this have already came to them. They don't wanna believe it and only wants to believe those pictures of gathering with people wearing tshirt of its logo. It's not even telling a significance that this project is legitimate. Its been already too long and been that a while that this had been known to be a shit coin or scam project at all considering that it doesnt really have that own blockchain and still continuing on having that mining and people who do manage out this scam coin do really make people believe that this is something a project that would really be having that kind of value later on and making people believe that it is really worth of their time on engaging.There are even post that having those that selling out their PI even though it doesnt really have no value at all. Its true that whats the real usage or utility of this coin? Arent really that too dumb when it comes to make themselves blind about on how blockchain works and what projects considered to be that legit? If this one is legit then they had long time already listed out on various exchangers and not really that having those false promises out being listed or launched. |
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The management shouldn't allow this because it ruins the reputation of their business and the image of the olympic games. These athletes aren't a good example especially to young aspirants who adolizes the sports. No sponsors will support this type lf olympic and bettors shouldn't support it either since they are promoting drugs and other illegal activities.
Any supporters or sponsors who will suport them will also have their reputations ruined so they should be skeptical and wise even if it could help them make money. I hope these athletes would change their mind as early as possible as it might affect their whole profession negatively.
Athletes' careers will be wrecked if they remain hidden while using these substances, which is preferable in some cases but not in sports. Taking substances in order to improve one's ability to do well on the track is completely prohibited. While certain authorities may have deemed it legal, I am opposed to it since not all athletes can endure the strong influence of these drugs when they begin to work on the body. We all enjoy sports, but seeing an athlete injecting drugs quietly should result in permanent disqualification and ban. Most of these drugs might induce the victim to become a drug addict, which is a very poor sign of the individual in question. Just because you want popularity and sacrifice your future is not really worth it. Like you said it will only keep you in shape for a while but after dependence it will be harmful to the athlete's health. On the other hand we also know a lot of athletes who stumble over cases like this which resulted in their careers being destroyed. in this case a real example might be Lance Armstrong who made his career destroyed because of the doping that was done so in this case rather than destroying careers and making the body damaged it would be better if something like that was not done for athletes. That would really be giving out that lifetime kind of regret just because you are really that aiming on getting that popularity and fame on which on the time that your body or health would be mainly affected then it would surely be having the toll on which it would be resulting on destroying your career. Somewhat i cant blame out on why athletes would really be going into this option because who doesnt really want on being known or top athlete on beating up those regular ones who hadnt been able to dope? Sacrificing your career and your health isnt something that would really be worth on doing so. Why they cant really just base up on their own capacity without the needing of doping? Sometimes people do really goes into a certain situation for you to have that kind of option because of aiming high but well its a personal choice and for you that someone who is engaging on this one do should really know about the risks. |
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Do not just focused on reading books but learn to explore the forum instead. Here, you will be inform a lot of trading experiences and how they succeed despite of its inevitable losses. You will definitely learn from all of their shared mistakes and losses to other members in the forum. And most importantly, experience trading every now and then even with small capital, let your application teach you about the dos and dont’s and not just by reading most of the time.
This forum is indeed a good source of knowledge, though its also ok to try other platform when it comes to learning. Having your hands-on experience in trading can also help, just try to focus on your goal and if you really want to learn then be committed. Trading for beginners are not easy, this can be challenging and stressful at the same time, but if you want to be more profitable in this market then sacrifice now and enjoy later. Not only with those trading knowledge but also getting some advises on which it would really be that helpful and would really be that relevant on which it would really be a good combination if you do really just know on what you are doing. Be sensible on what are the things that should supposed to be done since you are just newbie and starting up. It would really be that common sense that you should really be that trying out to accumulate information as much as you can and other things could really be acquired through real experience. This is why it would really be that wise that you should only make use of the amount which would be small and would be enough for you to lose and learn at the same time. Stick into your method which it might be slow but it would be that sure. Its not that easy though because due to lack of knowledge it would really be making things more challenging and hard. |
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Today surprised me because the price has dropped again and has the opportunity to drop below $ 25k, the prediction that the market will rise after March turns out to be wrong and this makes us have to be patient to hold it, I'm sure the market will rise soon and don't panic when facing a market like today.
That's because many people don't realize that bitcoin's price reacts to global economy. If the FED keeps increasing interest rates sooner or later stock traders will have to sell their assets and that includes bitcoin. That's what's been happening since 2022 and bitcoin managed to get back up after some bullish news, but the US government is obviously trying to counteract. There's nothing wrong with bitcoin, so I'd treat any small dip as opportunity at this point. You cant blame out people on having that kind of impression because wayback into those early days or years on which this crypto market isnt really that going in line or correlating with those traditional economic situations or news on which they wont really that care at all because assuming that crypto market wont really be making out that reaction then its normal that there would be situations that would be missed out. We know that it could really make things to stir out on making yourself on making decisions whether you would be buying or selling. Market is always been that unpredictable and there's no way on knowing whether these fundamentals or news would affect out market condition or not. This is why it would really be making out situation even more mind boggling and would really be stirring up your decisions specially if you have done some early analysis and preparations but due to sudden changes then for sure you would really be having these thoughts. |
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Inflation occurs slowly and many people don't realize that their savings are decreasing from year to year even though the nominal amount saved is still the same. Its seems problem faced by many people around the world keep trust their saving fund in the bank although have lower values due inflation. Right decision when saving fund in investment kinds between property, gold or invest in Bitcoin how to keep lower values at the future because get inflation. All national currency will face inflation and not guarantee when saving money in the bank for longer time get the same values what we can buy.
But less solution with protecting our money or saving fund in fiat from inflation, have to adjust when saving fiat in the bank take risk with inflation later although two years saving fund only.
But no matter what, you should always have a small savings for emergencies. you cannot use all your money to invest in assets like gold, real estate, or bitcoin because we do not always guarantee the value of our assets when investing in them, all of them are volatile and very easy to depreciate at a given time. Investing in deflationary assets is one way to fight inflation, but it's not without risk. Its always been that recommendable that you should really be setting aside for emergency funds because just like you do said that even if we do have investment, it doesnt really assure out that profitability. WHat if you do need up money on that particular time and you do see your investment are still on negative or something those amounts are been locked? Then what would you do? You would definitely be ending up on taking up some loan because you dont have funds for you to make use specially when there are sudden emergencies or on the time that you do need money. Inflation? Its not something unavoidable and this is why if you do find out yourself that you are highly been affected with inflation then always be wise on expanding your business and other source of income because on this way you would really be able to avoid such condition on being affected much. You could always be able to sustain if you do have lots of source and dont forget that always having that back up or emergency funds. |
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Crypto trading has more downsides for addicted gamblers, IMHO. There are many ways to find out alternative methods but addicted gamblers can deposit their whole crypto portfolio in one night to chase big wins, it is not a secret for us. Pro sides are there as well but I think cons are more than pros for addicted gamblers on online crypto platforms.
Then I think we could add online gambling in general. Besides crypto casinos, also the fiat virtual casinos. Technology brings accessibility, although it works on both ways, including the facility of losing funds, when the person is out of control playing impulsively. These cases are so serious that it may be necessary for the addicted gambler to stay away from the internet for a while, until he can make sure his addiction is under control, otherwise he won't resist the temptation of accessing one casino or another from the so many of the available options. The relation between gambling addiction and virtual casinos are indeed much more harmful than between gambling addiction and physical casinos, because when that is the case, it's easier to control the gambler by taking him to an area where there are no casinos available. However, with the internet you can't do this, because it's everywhere! There's a certain market audience on a specific field and instead on making up some comparison it would be better if its not because it is really that catering different field on different sets of gamblers because we know that not all would really be sharing up on the same interest specially on playing gambling.In terms of features and offerings then their difference is significant and we arent that blind of it. It is really just its better to stick out on which place you do see that it would really be that suiting out on your interest, we know that there are ones who are really that not preferring on sticking on a single place and would really be liking to have some upgrades at least. Most of the time, we do really value our identity or privacy and this is why lots of gamblers would really be looking that crypto gambling is great and something that should be considered. Traditional gambling or crypto gambling, then it would really be still on your choice on what you should gonna choose basing up on your interest and preference in the end of the day. |
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Being a bitcoiner we need to share the good word about bitcoin to others. Further it is their mind, how to take it. Some find it positive whereas majority find it hard to believe and understand at the beginning. Only through their self interest it is possible to know well about bitcoin. All of the sudden none will embrace bitcoin, only after experiencing the goodness out of bitcoin one will embrace it.
People have difference of thoughts as well as different expectations from bitcoin and cryptocurrencies. Based on the fulfilment one have achieved through it will make a person find the good in it. We should have better learning about bitcoin, so that we can convey things in a better way than just giving hints.
Try to look at the search queries, how many people are now trying to find profitable investments, everyone is trying to find where to invest money to save them from inflation, as this has become very relevant these days. Now no one will say that bitcoin is a pyramid scheme, or a scam, everyone sees that it is not going anywhere and is growing in price, so I think many people may be interested in bitcoin first of all as a good investment and in the future, whoever wants to can explore all its other advantages. Just let adoption and recognition would do progress or do its job, they might really be having those bad impressions and beliefs or misinformation about Bitcoin or entire crypto space but time will come that they would really be able to realize that they had missed out the great opportunity for them to earn some good profit on the time that they have seen that Bitcoins price is going up and this is where regret would really set in. This is why just let those people who dont believe into its potential and this isnt only talking about its investment opportunity or benefit but also when it comes to utility then there's no doubt that Bitcoin features are really that irrelevant specially into those people who are really that prioritizing anonymity and decentralization on which it is really that something that they would appreciate into. Its really that normal that there would be those people who would be seeing this as a ponzi scheme or whatsoever which we cant blame them but if they had made out some indepth research about it then they would really be saying to themselves that they are really just that fooling themselves on something isnt true. |
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1. I joined Learn2Trade, where they provide 5 suggestions per day, on whether to BUY or SELL.
2. I understand how to BUY and wait for the price to go up.
But I don't understand how you make money on SELL.
For example, let's say I believe BTC will go down. So I BUY BTC. And then I wait for it to go down and then SELL.
Don't I lose money?
Depends on what you are dealing with and we know that trading could really be either; SPOT or FUTURES If we do speak about spot, then it would really be just that normal that you would really be needing to buy low and sell high for you to make profits on which it would be simply having that kind of acts on buying when the price is low and selling when the price moves up which it is really the basic principle. If we do speak about futures, then it would be pertaining on the position that you are really chose whether SHORT OR LONG. If you have assumed that the price of Bitcoin or whatever coins that we do have in the market would be going down and then you do position yourself SHORT and on the time it dumps then you are making money with that or profits and on the time that you do find yourself that contented with those profits then you could anytime close that position but take note, futures trading is very that risky and better stay away or not mind on engaging if you are still noob in this industry. |
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Undoubtedly thats a huge amount! Investing such Million dollar on one altcoin is stupid idea. And altcoins you mentioned, aren’t so good to deserve million dollar investment. It is good to buy risk free altcoins and make profit from it. Lots of exceptions can be Result loosing everything. So I'll try to invest only half million. I'll give priority to bitcoin, ether. Secondly will buy potential altcoins among top altcoins. And will kepp.rest of half milliom for taking advantage of market.
If I had that amount of money, I can't invest all into cryptocurrency, those that has that amount to spare most be very rich. If I had $1 millions I'll spend them on other investment that's not as risky as investing in cryptocurrency that can crash and I lose all my money. If I was to invest anyway, I'll make sure I buy many bitcoin as a security Incase I didn't make it with altcoins. I'll get invest $20k into 25 different tokens as I would had invested the rest into bitcoin and Ethereum first then BNB and other coins will follow. I'll invest in coins that I can stake so I'll be making interest on my investment. My other investment will be focused on the top memecoins on Binance exchange as I love those memecoins more and also I'll invest in new projects that aren't listed on the market. These projects will be those that has big potential like those on Binance exchange launchpad that give big profits to investors. I'll also invest in some layer 1 projects, I don't have all the project off hand to get to list them but I'll choose tokens from every trends so I can be among any of the trends that decide to pump during the bull market happening very soon. Had 1M? Then it would; 400k on BTC 200k on ETH 100k on KAS 100k on ARB 100k on SUI 100k on ADA Lots of gems in the market today but i do prefer with those oldies and a mix of new gens on which it isnt really that a bad idea on bagging these projects and hold for long term. Reason? You could always see their use case. If i need to choose one then Bitcoin would be the best choice and would be hold up for long term. Not anyone would be having that kind of mindset though on which they would really be mainly thinking about diversifying which it isnt really bad at all. |
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In relation to the topic, has anyone actually seen any sources for that 90% figure (of bettors losing long-term)?
I tried to find it but hit a wall. There are few articles claiming that only 3%-5% of sports bettors are successful, which sounds about right, but they're not citing any specific sources but are only referring to "different studies".
If anyone has seen any actual study and could provide a link, that would be great.
There is actually no resource available for that, as you said, it's all about studies and speculations that people do based on their experience and the people they've inquired from most probably, and these studies aren't always supposed to be right as the sources might not be that much trusted, so the numbers can be different than what a person might say based on just studies and no facts and figures for the public to read and check before believing in it. One thing we know for certain is that gambling isn't a way to earn money on a constant basis and someone eventually loses whatever they've earned from gambling back to it, but that shouldn't be the case with sports bettors who do it with experience and knowledge because they know what they are doing. Totally depends on the mindset for a certain individual, if they would really be treating out gambling on sports betting is something that they could rely on and making a living with it, then let it be. Sooner or later they would really be able to realize on what are the real things that they would be able to experience along the way specially on gambling even if we do speak on something like sports betting which you could really be able to apply strategic approach unlike on casino games which it would be understandable about being that totally random and not something you could rely. Play according into your interest and for fun of course but people do really take into other heights or extent on which it isnt really that ideal anymore. Why do bettors lose in sports betting in long term? There's no exact numbers on this on which there are still whose really that profitable. |
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