According to previous data, 2023 btc May month price can be predict as green when considering 2019 data, though it seems fair btc only performed only once consecutive 5 greens in history so that we can assume that it will low percentage possibility to happen this time, btc being red in this May might be healthful to the market when considering natural theories that use in trading. Guys what do you think? (chart from coinglass site)

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In most custodian wallets like trust wallet staking is available for most crypto currencies including trx.is it better to stake such a coin or hodl it

Indeed, we need to diversify our portfolio of investments which is I think is a smart move as an investors. This would help you maximize your profit and also helps you to mange the risks related on the investments. I think if we do these, it can be good in long term since when there are some investments that failed, other investments cannot be affected as well as our capacity to provide our needs. Also, having both investment and savings is also a great move so that you are financially secured to support your needs and the unexpected expenses in the future that it wont affect your investments in any way. Also, we should know that investment is a risk so that we need to take an effort to always assess the market and really understand what you are investing in.

The need to use AI is to find out how big a team or player is. Usually, AI will provide an overview of the percentage of each team that follows the results of the analysis obtained by AI so that we can find out and match them with the analysis we make. When you can compare it, you will see that the results of your analysis will not be much different from AI, that is, if you can really analyze it well. AI can give us the answers we need, but we have to decide whether to use the results of AI or the results of what we create. Perhaps, the use of AI will look like that, but in reality, I also don't know because the development of AI hasn't reached that stage yet.

Most of the newbies in crypto space believe once they have a large capital they will definitely succeed in the crypto space, but they are wrong, not knowing that if you can't grow/manage a small account, you can't grow/manage a big account either, their are common mistakes they usually make an I will be giving out tips on how to avoid them,
* Over trading-- it's very important for a day trader to limit the number of trade he/she took in a day.
* Lack of trading plan-- develop a strategy an stick to it, do not ever enters a trade blindly, if not the market will remove you blindly.
* Failure to use stop-loss-- to me it's the most important thing I do while trading, an it's always close to my entry price, I do it that way so that if the trade didn't go as planned, I won't lose more than 10% of my margin.
I don't if anyone have more to add, so I can also learn?

We all have this dream of becoming a Satoshi millionaire, many people have the target of making their first 1 million dollars and yes that's a good thing, this is possible with crypto and Bitcoin and I am not here to discourage you.

I have seen people taking this holding of Bitcoin too far, where they are doing all they can to accumulate Bitcoin. Like limiting their spending by all means, eating less food, and doing harder jobs, I just want you to know that we are living on borrowed time.

Life isn't ours forever, take good care of yourselves, it is better to enjoy your labor than working all your life and leaving it behind for some people who aren't friendly to you while you are alive to enjoy your sweat.

I am talking from experience, since my father died, everything he worked for, all his properties was taken over by those who despise him in the family when he was alive, since we have a very weird culture in the family we the children can't do anything about it.

Bitcoin has a longer life span than our lives, we are going to leave Bitcoin behind one day unless the government finally killed Bitcoin  .

Time is not on anyone's side, as you are working hard to make sure your dream becomes a reality make sure you are also spending on yourself and make sure you stay healthy.

If you have to spend your Bitcoin to stay alive, do spend it, you will get another.

If you have to spend your Bitcoin to save a life, do it, this is not the end.

If you have to spend your Bitcoin to have a better life, do it, Bitcoin or Crypto isn't the only way to become successful.

Take Good Care of yourselves.  Happy Easter

The crypto industry will continue to grow regardless of whether bitcoin can mint new ATH or not. Actually bitcoin ATH is not the determining factor that will keep the crypto industry going, but bitcoin ATH can have an impact on the enthusiasm and confidence of many people to hope for a better future.

Fundamentally the future of bitcoin is also undefined because of ATH, I tend to think that growing adoption and real use cases will keep bitcoin around and used rather than just hoping for ATH. ATH is desirable because bitcoin is considered an investment and trading asset, while some consider it a store of value. But if you're using bitcoin as a means of payment, then I think you're very likely not to care too much about ATH.

Perhaps it is more accurate to say that experience is the best teacher. IMO, someone, can gain knowledge from other people's experiences. yes, in this context, gambling.
speaking of predictions, in fact we can learn from people who have more experience and have extensive knowledge. for example, football observers, we can listen to what they have to say, whether it's related to techniques, formations, players, patterns, systems, anything related to knowledge that can add to our references. one more thing, understand the gambling we like, and gamble with something we know. that's important, and what to watch out for before gambling.

To analyze, predict, not only requires experience, but involves all aspects. That's why it's important for someone to recognize the type of gambling that we like. if not, it's just as useless. the point is, we know what we are doing. because, in combat especially sports, prediction is an art that few people are aware of. to achieve that, we need knowledge, understanding, experience and also insight. then, we combine through analysis and reach a conclusion which we call prediction.

I think everything that comes from betting is gambling. with money or free when applying or placing a bet it's the same. you place hope on your luck.
even sweepstakes conducted by large companies for their customers can also be seen as gambling. like two people watching a football match on television. they bet on the team to score the first goal, or the team to commit the first offense. and whoever loses will be hit on the head. it's a gamble even if not with money.

I agree that every so-called addiction is a bad thing that is done by humans, and it really affects mindsets, habits and gives more negative impressions that have more bad consequences than what is imagined.
although in a different context, the nature and orientation is the same as gambling, especially if the investments made always experience losses in their activities, like some of my neighbors who experienced losses but continue to invest until they sell what they have today, it really seems like gambling.

But this can be avoided by practicing investment methods and studying the fundamentals of self-management as an investor according to general rules or according to guidelines in the context of risk management, self-management, good financial management according to investment experts.

For me personally, addiction is caused because it has become a necessity that must be done whether he is a gambler or an investment, a person who is addicted, so he doesn't care about the risks he faces, is he ready or not, he will do that.

Doge reached ath of 0.7$ which was an unexpected phenomena that time. But now, there's no surety that doge will able to reach such level again. Elon keep taking about doge for his own benefit. For the sake of elon support, some sudden pump of dogecoin Isn’t enough reason invest on it. I won't wonder if doge downfall because of elon sell his share for profit. Prospects of doge is now complex, better to looking for others coins

Trading of bitcoin has been one of my source of income for quite some time now but find it difficult to tell some other persons to engage in trading because of the risk involved.

Last week a friend of mine saw me trading so he tried to know more about it, at first I never wanted to tell him due to the risk involved, but then based of his persistence I first of all explained to him the difference between spot trade and futures, but I told him I do only spot, how  I buy low and sell high, even as I was explaining it to him I was feeling uncomfortable because of the risk.

 I don't want a situation whereby someone will say that I scammed him if there is a sudden dip in the crypto industry, so I just told him to open a binance account and verify it, after then, he should get back to me so I can send him the hard copy of the crypto course I bought.
Uptil now I still feel uncomfortable about it, I don't know if am wrong or right for opening up, even though I told him of the risk involved.

I don't think you have in the wrong position because talked about risk with trading in cryptocurrency, indeed still general explanation about Binance trading maybe your friend try with future not spot trading. I faced with your position not only when recommended some one trading in spot or future they are forget us when earning profit position, but if loss they will fault us because not recommended them which one coins have to trade.

Don't worry, you have right decision talk him about risk when start trading, recommended Binance as exchange market is right decision because most securing exchange but wrong choose when your friend loss their fund depending on their coins for investing or have interested with future trading.

First of all, you don't have to argue with him. Because we each have our own beliefs and many things that are not the same. Of course, if you insist on what you know and he does the same to you, for sure your argument will never end.

So it's best to let him do what he believes and just keep quiet because you don't lose him if he doesn't believe in your beliefs.

Yeah, if we go back then, it seems that FTX is solid and could be one of those exchanges that you can recommend to someone. But we all know that happen with the mismanagement of SBF resulting to a total collapse. So what lessons we learn for here? There's no such thing as safest exchange, they can be under threat from hackers and criminals and even from government regulations. And worst is the the people behind is the one bring downfall to it, no one is going to see that until it's too late. So we really need to be very vigilant on how much money we left in a exchange as history tells us that it is not good practice to just let it sit here, thousands of dollars worth and then the next day, that exchanges is in troubled.

I think a cool 100k would be amazing as well but we shouldn't really "expect" it, as in like we shouldn't think that's a given, because if it happens that would be lovely but if we expect it then we will feel like we earned that by waiting, and if it doesn't happen we would be super upset about it. That is why I think that it is important to focus on smaller numbers, realistic ones that would be simple to reach.

Like saying 40k is possible, of course it is possible, we all know we will get there, and to think that we would be so much happier when 100k happens because we though 40k was the possible one, is better and if it fails to be 100k, we would be just happy with above 40k price as well, much better.

If it is December 2023 that you expect the price of Bitcoin to reach at least $70,000, I don't agree. It is always possible with Bitcoin of course, but I think the next halving which will be happening some time in April or May next year is the biggest catalyst for a price rally. The next halving can't be discounted. The strongest impact of the halving on Bitcoin's price will be felt several months later. So that could be in December of that year. So December of 2024, not this year, will probably give us a price of over $100,000.

As humans, we are conditioned to look for patterns in life and we gamblers try to make predictions based on what we see, while we are gambling. The reality is that these patterns does not exist, but we like to pretend that they do because it helps us to bring order to the chaos that are gambling.  

Some people seem to think that your bet size will increase your chances to win, but that is simply a myth. The reality is that it simply means your payouts will be bigger when you do win.

A lot of my friends believe that it is better to spin the Slots manually, because "Auto spin" are rigged by the casinos... but that is also a myth. A lot of things come into play when a bet is made and it has nothing to do with the "auto bet" feature. (Client Seed / Server Seed & RNG and RTP ...)

Have you pressed the "bet" button, before the reels have stopped.. thinking that it will give you a favorable outcome on your bet? Well, I have news for you... the outcome has been decided in milliseconds after you pressed the button for the bet, the GUI interface happens long after that to display the outcome of the bet to you.   (Go into the developer mode of your browser to see this)

What patterns do you see and how much do you believe in it?

I did believe that dice have patterns. I kept doing it for years and even today once in a while I come back to try again whenever there is free money I earn from dividends.

I never won huge from those things although I just come back to spend the free EOS coins I earn. Maybe the psychology really affected me since lol Although sometimes I get tired of it and just cash out the coins from time to time.

I don't think there is anything like investing addiction, investing addiction only applies when one repeatedly invests without ever seeing any returns. As long as profits are being made, investing should not be considered an addiction. Take the venture capitalists in the crypto space for example, it's difficult to find a new project with a solid background that they won't invest in. They pour all their money into start-ups in hopes of creating something valuable during the bull run, this is what they do, investing runs through their blood and this is not only in crypto, it happens in other places.

Any form of addiction could have a negative effect in our lives but as for me, getting addicted to investing is actually having the urge to prepare for our future in terms of finances. Compared to gambling addiction, being into investment is actually a good habit though it still has a risk but if we are investing in the right and potential projects, our sacrifices will still be worth it in the future.
Investing is actually beneficial since we could gain a good profit when the right time comes but we should still know our limits and just invest the funds that we could only afford to lose.

The word Sultan used but he might preferred the word rich.

Anyway back to the topic those people who claim to be an investor while following this type of investment then we can be sure that they are not even close to investor they are just trying to be after watched a video on YouTube or something.

Creating wealth will take time, if you're too lucky you can make millions with 10 dollar lottery ticket but it won't happen in everyone's life, whereas the investment mainly depends on how consistent we are and how do we compound the profits made from the previous year because the power of compounding is far beyond than we think.

Never trust any project that promise you very high thing. Moreover new projects, if youbare new investors, it is better to stay aaway from this. But if yiu are going to take higher risk, jist use small amount, so if the projects are not successful, yoi are still okay.
Btw, scamers commonly also do their great jobs to make their projects seem like very legit projects, moreover they sometimes also create fake telegram group and other social media to look like real. They also create convoncing Whitepaper and sites. That is why, always be careful and never believe too much in the new projects.

It will be hard to fine such types of developers in the market today as most of them are already engaged with one project or the other that are already gaining reactions, most of the developer that are launching new projects lately I most likely to be newbies in the business without any experience unless the old timers that want to break away from their current project to start up a new one which may likely not be a success as per se on the long run.

Long story short, 2 months after the whole winning spree, this guy lost everything back to casinos where he gambled on, he made gambling his day job, probably increased his bets so as to win more,  but as of today, this guy is joblessly roaming the streets, depend solely on friends to feed, as of yesterday when I overheard him discussing with some one I am also close to, he was asking to help him look for a Job, that what he planned didn't work out - what ever he planned that didn't work out, I don't know, but this is a lesson for us all to learn from.

Gambling is not a business, and neither should you ever take it as a day job, in reference to this thread - it is likely impossible to make a consistent winning from gambling, there are day you win, even much more than $100, and there are days you will lose it all, to make a consistent $100 or more every day in gambling is a mirage, wishful thinking that might never happen.

Feel free to chip in your contribution.

While they do that, they should also beware of wrong information been posted by influencers because they were paid to do so, YouTube has lots of misinformation and you can be easily distracted if you don't stick to what brought you to the platform. There are lots of videos on the platform so you should be able to distinguished between the paid ads from the authentic ones.
Paid videos always has a site or coin they're trying to shill to you to use so they get paid. If you're watching those videos and you begin noticing then talk about a coin or sites frequently as the best, then just know you're watching a paid advertisement and most of their review are biased.
As a starter in the market, one way to earn from cryptocurency is to just buy coins and hold, buying Bitcoin and just holding is an example and you'll be earning good profit without stress.