I am a supporter of the idea that the most important thing is to find the very normal teacher who will allow you to get the necessary knowledge and be able to give it at the right time.
Well I never had a mentor, I've only read some books and somehow a youtuber friend gave me at one point his way of trading, a training where he didn't teach technical analysis but to understand the market, how it moves, what things can taken into account so that we can get an idea of what can happen. So the best mentor of all for me are the books, but I highly recommend the books that are from some experienced operators, that tell how they operated at the time, that is much more valuable.Personally, I always recommend reading Livermore, Wyckoff, they are my favorite authors, but there are also others who are better known who teach how to see the market from different points of view, such as Robert Kiyosaki, Donald Trump himself, Warren Buffet, they are all important. |
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I think that the most effective way to avoid very large losses is to follow our own plan, when we have a trading strategy and the market goes against us, sometimes we tend to get desperate, it is for this reason that it is very important to place the Stop Loss, the Stop Loss for me is a unique savior, also another thing is to get carried away by emotions, when a person gets carried away by their emotions they can lose, sometimes another thing that has harmed me is to follow advice from the news, to Sometimes the news is a double-edged sword, and according to some books they talk a lot about it.
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Well, the truth is based on your source and that's the reality that we have to embrace. Despite the disinformation that we've got through the internet, there is still a truthful basis we can find.
And it has to be found and you'll need to assess and verify each information that any source that you have found. Being deceived is a big problem and that's why we need to be informed so we can avoid deception.
The act of relying on someone, a group or a channel is a means and chances to get scammed, it is better not to trust those channels or group for not to be scammed, it is as straight forward as that. I have been in crypto for like four years now and I did not believe in those things again after I joined a telegram group for airdrop, the first airdrop was a scam for me but I was able to avoid it, after that time, I have prefer to do my things myself, be it about trading or cryptocurrencies generally. It is a great decision, in addition to the telegram groups, even if they do not have bad intentions, there will always be people who want to take advantage of anyone, sometimes the groups can give some signs, some thoughts and I think that part is not bad, because in some way it could be exchange some ways of seeing the trade and you would be getting feedback, but for now as everything is in the market it is better to keep quiet, there are many scammers and very few people have good intentions, in trading some rookies usually follow advice and sometimes they are the ones first to fall, when I want to have an opinion I simply look for a thread in the forum and get feedback on the things that some traders in the forum think, it's incredible, but WO is a thread that, apart from relaxing and having fun, has golden information. |
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Every entry you take is an opportunity, but it's always depends from how you play the business, short or long both have that capabilities to give a decent amount of profits, though, in some point people aimed for low value but still afraid in taking the risk, if you see Bitcoin fall to $8k fr sure instead of buying more will look for more low and with that actions, the bear will continue to dominate, it will take time and if there's no additional big investors, the time frame will take longer. It's hard to doubt a deeper price drop if bitcoin drops to $8K after hitting ATH $69K. But so far $8K is a tough expectation to come true as we believe it will get plenty of support from institutional investors where prices probably won't drop too deep. For now expecting bitcoin to go up to $8K is something that probably doesn't make much sense to me as most people might think that collecting during a downturn is the right way to make a profit. This strategy has been considered, so there is very little hope for it to drop to $8K although there is always a possibility. I hope bitcoin never drops below $15K again in the future, so that's good support to hope it doesn't touch again if bitcoin's price drops during this year or next before hitting a new ATH. Institutional investors may have little to nothing to hold back on if the market really want to correct back to $8k we have seen how Bitcoin market have acted in the past when the os a dip cut down in price, the price can go down to -25% within a few hours this action used to be the highest surprises I have seen over the time and in history. Take what happened in 2018 after the first all-time high of 19k and see the price it crashed back to in a few days. Well this means that anything can happen, and only those who have a lot of money are the only ones who can move the market, right now a lot of institutional money has come in, well not right now, just that there is a lot of money put in and I don't think that all those people who have their money there are going to let it lose, or even worse, leave the market with less money than they invested, I think they will find a way to resist this market envy, so I think for now $8k it is not as viable or profitable for the big whales. I think they will somehow be able to defend their position. |
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In a bearish market for my nop it makes sense that some project gives a pump to its coin or token, the reason is simple, those who buy or have already bought the cheap token or coin, will sell it expensive and apart from that they will buy BTC because that is the most intelligent and what logic indicates, however there are people who become fond of coins or tokens and tend to take care of them, this is already the decision of each person or each investor, what I am saying is that this is most likely what happen. However, if they give it a pump and the BTC rises in price and they go into a bullish trend, it would be great because that way the currency begins to grow in price much more, but that is being very lucky.
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To be honest, I don't think it's necessary to be sure of all these signals. At the very least, it is more important to pay attention to experience. When I worked with a broker from Amarkets, I tried to devote enough time to training.
Sometimes the market tends to behave in a very strange way, it is up to us to know how to decipher what its possible movements are, in some books that I have read they say that all the information is in the volume, what it is, what can happen and what it will possibly give in the long term, of course this is because it can be invalidated if a whale decides to sell a lot, but in general terms the market tends to behave like this, in any case to take into account the BTC market its volume is not consolidated, which is difficult and sometimes inaccurate for many analyzes and very few know this. |
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When it comes to trading,one's emotion is always attached,there is no way one will trade without involving his heart because it deals with money,that's why most people prefer hodling to trading,because in hodling you are not too scared of the risk involved,you only have to exercise patience till the right to to take your money.
Not only limited to trading but also in other things as well on where emotion would be mainly involved even on our daily lives in terms or comes to our decisions which everything will really be attaching some emotions through it before we do make out some step thats why its not really that surprising anymore that whenever we do commit bad decisions because we do really make our emotion do get involved on where you do normally react out if something that is out of your plan.Same goes in trading where it can potentially give out those kind common reactions. It is incredible but speculative markets are always moved by emotions, in the BTC market we know very well that whales and institutional money is an important ingredient in the market, small traders are not capable of moving the market as they do them, but the whales are very intelligent, they know that through the media they are capable of moving emotions, so sometimes we see a lot of news that is bad and this is sometimes bad news = buy, good news = sell, because if they are urged by whales they always want to have the good advantage. |
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I think I will explore everything related to the projects that are from the metaverses, I do not know if the NFTs, what gives me confidence for now of the NFTs are the casinos and bookmakers, they are the ones that I see that they will never be able to steal from their clients , of course I will always be following Bitcoin, because Bitcoin is the boss, if BTC is good, the altcoin season may come, this season they have been waiting for it a lot, since 2017 there has not been an altcoin season, and everything this is because Bitcoin should rise in price and confirm its bullish trend possibly to a new ATH.
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I'm not really trading right now, but I've always made Long positions and wait as long as necessary until I make a profit, but I place a Stop Loss close to 8%, I never place it at 10%, I think that's enough if it's a 10% what is lost, at the moment it is difficult for me to determine what the market can do, when I have no idea what can happen I prefer not to operate or guess.
Some traders put their positions and wait to see what can happen, they leave it to chance, but I think that one should have well established what can happen and not gamble.
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Well , for me , this will be the first World Cup that will be held during the Winter and I must say that it will be an unique experience for almost everyone as Fifa is doing this for first time. Now ...favorites ? Well, you might find this funny or not true but I don't like Messi at all but I support Argentina national whenever they play with Messi becoming my favorite haha. Why ? Well I think it all started when I was young and won on Fifa 2004 a local tournament with players a lot more experienced and older than me and got around 20 euro and gave it to my mom ...it was all due to Argentina massive team even since then so yea , my favorite will always be Argentina when they play World Cup.
It true that this World Cup will kick off in November in Qatar. AFAIK, the winter in Gulf countries are never extreme. You cant say winter in Qatar are as extreme as they are in Europe or rest of the world. We can say it will be a moderate temperature in November. I too siding with Argentina ever since I started following football, prime reason is there versatile playing strategy aka short passes. Well, there is no denying that Messi and Dyubala together with DiMaria noodle are not going to disappoint, in fact I hope that there will be a match between Argentina and Portugal, because both Messi and CR7 will seek to obtain the world title, the closest to win was Messi and he was disappointed, if something similar happens, I think Messi will not touch another ball in any team, he could not stand it, he also has a lot of pressure on his shoulders, I think he will have to get a lot of help from his teammates, this World Cup will be very exciting, I hope that all war environment ends and can occur normally. |
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Can an old casino that's very active here in Bitcointalk, through support, forum advertising, and signature campaign, suddenly pull the plug and stop doing all these things can still keep and still maintain its position in the market.
I think yes, an old casino which has been very active here on the forum should have a large number of regular customers. All these older customers will not disappear just because the casino is cutting down on its advertising. The only change I would expect to see is a dropping number of new customers to join the casino. I think when it comes to advertising budgets the casinos can run a case study to see how many new customers they get per week with various advertising channels. In the end it's a cost/benefit analysis to see if it's really worth it. Let's say the casino notices that 80% of their revenues from existing gamblers and most of the new gamblers leave the casino after a few weeks. Then it could much better for the casino to run promotions directly for the older customers. Instead of paying for advertising they could make weekly giveaways for regular customers. Yes, it is good to do it because they focus on their customers, it is a smart way to be able to maintain a business, however I would not trust myself, there are currently many new betting sites that are coming out and offer great benefits especially to the most active players, so I think that a casino should not only focus on its old players but also on new potential customers, it is always good to be up-to-date, with everything, with support, with its customers, with its non-customers, with new customers, because a lot is handled here amount of money, I think one of the advantages of old players is that withdrawals don't need to be KYC. |
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I think such things are very common and obvious when you have an unexpected loss or an unexpected win. I remember placing a bet with 12 legs in the parlay and I won some 8-9 legs straight away and then marginally lost the 10th leg. The amount placed on the bet wasn't massive but it had some serious negative impact on my mind for atleast a week because the odds were some 140x or around that mark.
This doesn't mean I am addicted or anywhere close to that. It's just some losses are hard to digest regardless of the amount and some wins are hard to overcome and get back to reality. This unexpected joy is also the reason you see a person winning a million-dollar lottery but slowly loses back everything to the lottery and still feel good about it because he has that one good memory and the losses are small and forgettable.
Sometimes I tend to think that this ´happened at the university, especially when I was studying mathematics, sometimes there was a type of exercise that I could not solve, then when I went to sleep I solved it even without falling asleep, sometimes I used to solve the exercises in dreams, so this is analogous to what can happen in the game, it's not bad, it doesn't represent an addiction either, it's just that the brain of some people is like that, normally that happens to people who have photographic memory and that usually happens, there maybe when you're on break they can give you those flashes of solutions. |
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Know the rules of your country with regard to online gambling. It's them that have given the ISPs in your country the command of restricting the citizens. There's no other way of dealing with it but through using a VPN. There are cheap VPNs that you can rely on and much better if you don't depend on the free ones. And before using one, ask your chosen casino if they're okay with the use of a VPN so that you won't be surprised if ever they ask you a sudden KYC because of that particular rule. You can go through them on their ANN threads.
You're right, the solution to this is to have a good VPN, I've seen a couple of casinos that accept the use of VPN, I don't see anything wrong with it if you play and don't cheat in any way, but it's true, some Sometimes there are players who start experimenting with the platforms using VPN and at the moment of making a withdrawal is when the problems begin and that is where those threads arise in Reputation, and then a very unpleasant time passes, both the casino and the person , the person wants to withdraw his funds, but if the casino does not allow the use of the VPN he is able to ban his account and block his funds. |
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Hope its works for them but also I wonder if it's a bit of a waste when the net itself has more relevant potential customers.
Everybody here on this planet is online even for a short period, the advertisement is a way to get a recall, if we kept seeing ads even if it has nothing to do with what we are doing online, we will have a recall on this, if a friend asks for something to similar that we are always seeing. Even if you're not eating at Mcdonald you're likely to recommend it when ask about hamburger Any kind of advertisement about crypto will surely work. It might not hit everyone but will still hit a few targets, especially those who don't have an idea about it yet. The exposure would make them ask things about crypto and it will surely affect the market. Partnerships like this might seem a small thing for some of us and might look unnoticeable but it has a great impact on the crypto industry. Well this is a good time to take advantage of everything related to crypto, if crypto.com is coming to the world now why not do something similar, I know that the exposure of the crypto market will bring new investors, those who want to invest will have better benefits in BTC, because for me in November the BTC will rise in price, possibly all the altcoins will also rise, so we can affirm that if a great market demand is generated we can have a good price not only in BTC but in some cryptocurrencies, it is for such reason that sometimes there are sponsorships, that is undoubtedly beneficial for the market. |
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The super eagles loose again to Ecuador with a 1-0 score line,, the game has no importance given the fact that's it's a friendly game,, but momentum is supposed to be built given that it's a new head coach ,,but I believe the coach has all the time at his disposal to bring the team back to winning ways before the fans begins to grow frustration,, we need to build momentum against our upcoming qualifying matches be it afcon or next world cup,, the super eagles just needs consistency ,, so we can build a team to compete with the likes of Senegal in Africa and other European and South American football power house,, and maybe move up ton the FIFA rankings,, all departments of the teams needs improvement.the NFF needs to give it's full backing to the coaching staffs physically, materially and financially in other to build a good a d strong team..
We also have to admit that the current quality of Ecuador is so extraordinary where they successfully strolled into the Qatar world cup this year. Of course, the defeat that was received by Nigeria against Ecuador was a natural thing, especially since the match was titled a friendly match. himself before they competed in the Africa cup qualifiers although currently Augustine has enough homework to fix as strong as Nigeria after failing to qualify for this year's itching at the hands of the previous coach of course the African grasshopper is the hope for them to be able to compete in 2023 later I think that Nigeria has a great team, but that the players do not understand each other on the field, this is something that they have to correct now, to have an idea Ecuador is a country whose football has grown a lot, it is very similar to Colombian football In fact, they had a great Colombian coach who helped them a lot to qualify for the World Cup and this has been going on for years, the Ecuadorians used to be a team that hardly went to the World Cups, now they have had the good fortune to go to the last of the The South American classification was a bit complicated for them, but finally the results were given to them, now they have some problems because of a player who may put going to the World Cup in check. |
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The friendly or glorification matches as he describes them are just that, 3 games, but we must take into account that some players are tired and I think it is an infallible option to rest, besides the World Cup is very close and they need to have a good rest to recharge your energies, if we take into account that in friendly matches many players have been injured to go to the World Cup, I would not risk it, it is football that has happened, in many teams I have seen how some of their stars end up with split ankles.
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When it comes to gambling, will surely affect your physical and mental health. It would be much better to control yourself when gambling since it will surely cause a lack of sleep, headaches, and weight loss. There are a lot of people who can't control themself which causes them depression and suicide if they lose a lot of money.
Much better to always gamble responsibly and always plan ahead which will not affect your body and emotion.
Some people knows that gambling is really affecting them, but they are so much addicted to it that they know it it causing them lot's of problems and they have to reduce or stop gambling but they can't really stop it, some will say they have stopped gambling and they will never go back to it, but just give me few hours or few days, you will see that they have started gambling again. What I will say is that we should try all our possible best not to be addicted to gambling, we should make sure we gamble just for fun alone. One of the reasons gambling addiction can be so difficult to overcome is that now thanks to our technology we have access to thousands of casinos every single minute of the day, before online gambling was a thing you needed to go to a physical casino to gamble and the number of casinos near you were probably limited. So while getting addicted was possible it was way more difficult to hide it, however now this is very easy, as being addicted to gambling gives no physical clue this is the case, unlike with what happens with those which are addicted to drugs which present all kind of physical signs which will help you to see thought them and know they are in trouble. You are right, when they are physical casinos it is more difficult to become addicted because there is a physical effort to go to the site, instead with technology the option to play is right there, it is difficult for a person who is addicted to gambling not to play in any platform, it is always known that gambling addicts will look for a way to play at any place, no matter the site, you just have to go to the PC to set up a casino and play, of course here you can find some restrictions, those are that some casinos have addiction control, when a person plays and loses a lot they give them a limit so they don't go over there. |
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Apparently Denmark is all Set to Launch the new Digital ID rules for Gambling in the upcoming July. They have already been using some sort of identification but apparently this is new and improved and would apply for all the gamblers willing to submit their ID and use the services. EasyID is now going to be Replaced by MyID. The license holders of online casino would have to now integrate their systems in the manner that the government prefers. People are still waiting for an update but I would like to know what you think about the system of online ID? Integrating it with gambling might be saving some kids going on these sites but it might also be taking all the privacy away. What are your thoughts on this ? Reference: https://www.gamblinginsider.com/news/16594/denmark-to-introduce-new-digital-id-rules-in-july The problem is that by using digital ID there are chances of identity theft. Since the IDs will be stored online it might become vulnerable to hackers. They must have high security on their site if not the outcomes might be disastrous. Further more, using digital ID the government will be easily tracing the users for how much they gamble. So that is kind of a privacy issue and the governments can very well take advantage of it. The only useful thing that I find using digital ID is that it will restrict children under 18 from gambling. May be if the government put a certain restriction on people from over gambling then may be that can help. I think that governments are taking advantage of entering people's privacy using the most vulnerable possible excuses of "protection", I respect everything that has to do with security, but I know that trusting governments or banks is suicide, they they want to have total control over people, make sure that no one has their privacy, see and track all the operations that have to do with money, how many people move money and why they move those amounts, I think that will be a trap to apply all the acid in the future, of course as I said before, these are my thoughts. The idea honestly looks good, but I still think it wouldn't really last. It might be for the checking identities and all of that, but said measures have already been taken in the past and nothing has really changed imo. Underaged gambling is still possible and the first and foremost goal of these kinds of policies is to pretty much ensure that they get the money (aka taxes) from gamblers.
These are taxes and control. I am against taxes (only casinos should pay them, not players) and even more so I am against control. But it is natural that the government has directly opposite interests. By the way, it will be interesting to see how quickly these digital IDs will leak and be sold on black markets  True that. These kinds of methods not only serve to well, avoid the issue they were supposed to actually fix, they just give more control to the government and add more excuses for them to get the data of users and tax them more. Basically moving in a more centralized way. I'm not actually fully against it, it's just that the method they employ right now is only serving their pockets and not really us users. Not to mention, as you have said, their security that can barely be called one imo. In some way, the government or governments always try to establish control by looking for excuses that they cannot be opposed, in part they are very clever when using sensitive things, such as children, among others, this has always existed. |
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Australia truly love their people and they are even creating Laws after Laws just to help their addicted gamblers to turn into something worth to live because Slot machines is truly addicting , there are several friends of Mine that has this attitude in Playing in slots longer and bigger amount that they can afford to lose.
and ending? ruining their life and family.
I support this initiative to Put those machines in place where they deserve and those are casino houses where gamblers need to go and spend time and money than everywhere it is available .
Well, what happens is that they are putting an end to a great business model where, because of a few, they can leave many players who play with a lot of responsibility without having fun. I think that the irresponsibility of a player lies in the fact that he allows himself to lose more money than he possesses, and of course that is where addiction problems come from, but apart from all this, I think that the solution is not that of prohibiting, the solution is that people who have these problems go to a psychologist and treat that, because just as they are addicted to gambling, there are many who are addicted to alcohol and that is not why they prohibit alcohol. |
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Nevertheless, Vargas is first on his list being a defending champion in this weight class.
It's good that Vargas will be Magsayo's first match since being a champion because the former is really a big deal. Magsayo as a champion should just take challenges from those who are on the top list of possible challengers to give him a good experience. Surely, Magsayo is doing his best on preparations and maybe he's so excited now to defend his title for the first time as a champion. I agree, he is indeed lucky to get a fight against Rey Vargas on his first time defending a belt. Vargas will make him more knowledgeable in the ring because Vargas has more experience than Magsayo, and that's what he should look into because he should get an experience by a win and not by a defeat because it's literally too early for him to be defeated when this is his first time defending as a champion. Well in an eventual fight against Magsayo and Vargas do you think Vargas will have the upper hand? I know that in boxing experience is an added value that is excellent, but Magsayo is already being compared to Pacquiao and that is something very big considering that Pacquiao is a legend, however the style of both fighters is different, or at least I see it like this, Magsayo in most of the times is like more explosive, he has energetic outbursts that if he does not remove himself quickly the opponent can give him a good knockout, if this happens with Vargas I think many probabilities can fall and the statistics that are always handled don't you think? |
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