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941  Bitcoin / Bitcoin Discussion / Re: Farmer's Bitcoin Investment on: July 19, 2023, 08:25:47 PM
In real life I am a farmer.  Working all day in the farm. My uncle was also a farmer. He came to know about Bitcoin from his friend around 2019. His friend told him that Bitcoin can earn money.  So he expressed interest to know more about bitcoin, his friend told him details about bitcoin. His friend also told that there can be profit or loss in bitcoin investment. After knowing all the content, he kept some money from his savings and invested the rest in bitcoin.Then around 2021 he earned a good amount of money from Bitcoin. With the earned money he bought land in his area. His success made all the farmers in our area interested in Bitcoin investment. With the help of my college teacher, all the farmers in the area formed a cooperative society. And  Slowly save money. Then invest that money in Bitcoin. I am one of them.

 Bitcoin may be worth 100k$ around 2025. Then maybe we can earn from Bitcoin.  And we can go further in agricultural development.
As long those fellow farmers do know about the risks involved then it is really just that fine because in any investment theres always that risks and come to mind that there's no assurance into it when it comes to profitability

and this is why those people should really be expecting something into those unexpected things that might happen ahead. Assuming about $100k in 2025 is plausible and could really be able to achieve, we are all hoping for the same thing with the kind of price.How much more if it would be able to reach out $200k or more? No one really knows though on what would be the price it would really be able to hit up but at least
you and your fellow farmers did really take up such risks on accumulating Bitcoin for the sake of investment and having that savings but of course better be wary about the risks.

It is really that good to see that there would be having new people would really believing about the relevance of Bitcoins existence but usually this would really be focusing that much on earning money
on which i couldn't really be blamed out with those kind of approach.
942  Economy / Gambling discussion / Re: What could make you get into a fight with your fellow gambler? on: July 18, 2023, 11:52:30 PM
How pathetic!
Pathetic right? But these things happens. Perhaps not in the same way but,once therr wasn't any pre-agreed sharing formula amongst gamblers, there would always be one person who would sort out means to cheat the other with some entitlement argument like we have in OP.
In the real sense, it's wrong of the account owner to seek a lion share in this as, it wasn't agreed upon, the risk was equaly shared and as much as they would have had to carry equal amount to a lose, same ideology should follow instances of profit.

I don't see a reason why i would go physical while gambling as my model for gambling is very simple although, I would hate to discover that I was being cheated on a good bet.
We need to be wise as a gambler especially if we are a street gambler because that is where this kind of things can easily happens. We need to know and understand the kind of cycle we are betting in some that it will give us the ideology to know how to react when things goes wrong or when the other gamblers want to cheat to have the largest share by taking the funds. It is not ethical for us to fight when we gamble so avoid violence that can lead to bigger problem that can be difficult to handle. It is better for us to use our intelligence to handle the matter than to fight back or be the first to start a fight.
Talking about this topic,there are several cases where I have seen managers of Casino shop naked their gambling customers because they played a game and refused to pay money for it after losing the game.This can really cause big issue if it is not properly handled, especially when the cashier or the owner of the place isn't matured enough to be able to deal with losses. I have also seen a case where a gambler won a game and the cashier tried to cheat him,these and many more are the things that can likely cause fight among two gamblers.And talking about how to react when something like that happens,it only takes extra maturity or a very calm mind to  be well behave when your money is not given to you after winning a game.
A total normal reaction of a normal person because we know that money is everything and on the time that you do make out some bets and do make out winning then as a normal person you would definitely be making

some argumentation on the time that you didnt get your winning on which you do have the full rights since you do win a bet and if they would really be trying out to insist then you do know that there's something happening on this in this regard on which there are people who are really not that have long patience on certain conditions, if you are that someone who do make out some conflicts in between then most likely
this would really be ending up on a fight.Its true that we shouldn't really lose our cool but there are moments or conditions on which we cant really be able to avoid or on the time that our patience
and cool on its limits.

This is why you cant really be able to tell that you should really be having that cool but as much as possible then you should be but as mentioned there are really moments
which you cant really be able to avoid.
943  Economy / Economics / Re: How Long in Years Should I Wait Before I Close Down an Unprofitable Business on: July 18, 2023, 10:35:48 PM
A business that is run for a year or two, after all, the marketing and promotion, there is no progress in it, needs to shut down. There is something that is missing or the owner of the business is not doing correctly. perhaps from the location where the business is



Any business's ability to succeed depends on the market and location it is most suited for. Hence, while picking or operating a business, you should first take into account the location and understand the type of enterprise that will be successful there (Whether it will work or not). After considering the location, launch the firm and see whether you will turn a profit within a few months of doing so.
Same with my timeline. If I don’t see any progress and improvement after a year or two, then I’ll be force to stop my current business and just study the market more while i’m still earning for my funds so I can start a new business. While business location is also very important, but I also think that a manager’s business strategy or skills are also very important so might as well change my strategy so I’ll be successful in my next business.
For me then i would really be in 6 months time and a maximum of 1 year on which if i dont see any progress or increase of revenue or you are still on losses then it would really be just that wise that you should stop and cut everything.Dont pursue on things which arent that effective or profitable anymore because instead of earning you would rather be having losses. Its hard to accept the truth or reality but there are really things in life
which we do really need to accept and move on. There are really things which arent really meant for us on which it is really just that wise that we should really be moving forward rather than on completely stopped.

It might really that hard to move on but there's nothing we can do.Its up to us whether we do have some take a break or would really be pursuing other business on which we could really put our focus on. This is really just that reality of this life on which problems are inevitable specially on investment or business because not everyone would really be that successful when it comes to his manner. This is why its never ending chase
on different methods and ways for us to have that successful path but since everything is unpredictable or the future isnt something that could be known then result or situations is something totally random.
944  Economy / Gambling discussion / Re: Referral bonuses are waste of time on: July 18, 2023, 09:38:08 PM
I know that and admit that indeed they have extensive experience and space to be able to market references so that they can benefit from a sizable amount of money.
Several times I have said that streamers can have longer game sessions because from references they can make additional money and payment from YouTube.
But what I'm talking about here is streamers sharing shady casino references and ways to avoid them.

First, Youtube does not allow Gambling influencers to monetize their videos. Whatever they earn is by affiliate marketing and at the moment these influencers are struggling. The reason behind subscribers are now aware of their intention and tend to ignore those links and benefits packages provided by them. After the incoming of AI things have changed incredibly, as of now reels are helping influencers more than a Youtube video. Funnel marketing is finished and those who are still using it are ignorant. Affiliate marketing for gambling has changed a lot as per my understanding. 

damn. just pure facts laid out here. well, it's true, unless you're a big type of influencer thing affiliates won't benefit you that big. Maybe when you get lucky so sometimes you might get some commissions back depending on the withdraws and deposits of the participant you brought in. However, there are false advertisements that have rrl leads that will put you on a scammed version of a casino website. (be wary of those). So it's never been easy for everyone. To just ordinary users until those who do marketing, real players, or the owner of casino. Marketing one's product and persuasing one to participate in is I guess one of the most challenging.


But there are ones who are really that hopeful on getting some whales under their links and this is what motivates them on spreading out their links despite on not being an influencer or a certain individual who doesnt

really have that huge network and connection.Yes, its really that hard to utilize that referral bonus if you are really just that a single person who doesnt have a network or even subscribers or followers on which it would really be that hard to utilize this kind of area on which you cant really make yourself  that able to be beneficial if you dont have these considerations. This is why affiliate marketing and referral would really be that effective or ideal into those people who do have that lots of people been following into them. This is where you would really be saying that ref bonus would really be that significant but if not then having one or two
wont really be that giving those good numbers unless if those are whale players then your lucky but these instances are really that rare or something that cant happen to anyone most of the time.
This is why i dont really care when it comes to these bonuses yet im not really that good on inviting people or simply with marketing.
945  Economy / Trading Discussion / Re: Emotion and Trade? on: July 18, 2023, 08:17:35 PM
Emotions in trading is like water and oil, they don't mix well. If I've learnt one thing in this space it is patience. First you need to refine your analysis skills, master the skill of trading, employ patience and eschew emotions because it can alter your decision-making. Most traders today resort to using bots not because they lack the skill but because they can't trade without emotions, so consider AI grid trading if you find yourself in that category, maybe Bitget's AI Grid trading for a start
Virtually all traders had in one time or the other traded with emotions although it has a limit. If we know what we are doing and we have a tutor like a guidance taking us through the journey of becoming a good trader, it is very important that we encourage ourselves and work on emotion whenever we enter into trading.

 Trading is something we must be disciplined about or we might lost the focus and the strictness to trade in the right way. If we are not too calm as a trader, we might be taken over by the spirit of greed which will make us see trading like an opportunity to make quick money and like the market. If we have that kid of mentality, we might become a loser.

Controlling your emotion is very important as it will define how successful you can be when taking part into this business, trading is more on patience and with good handling of such emotions will give you a good chance of letting the market to move accordingly, as long as you are aware with how the market might turn and you are anticipating good bounce with your position, patience will continue to allow you to wait and see the right outcome that you set up with your trading investment.
I can relate to not being patient before because you know the feeling when you place a trade and you want to close it as it is not a loss or a small profit because I tend to have problems controlling my emotions and tend to overthink, like if this will go more, I should close it immediately. That is why patience is really a virtue mostly in trading. Planning the right moment to hit the trade makes you earn more profit on that entry.

Very true in trading one should always be patient enough to not close a position with little profit. Sometimes traders close a position due to being inpatient and they earn far less profits due to their own emotions because if they let the trade going for some more time then they could earn a lot more profits from that trade.

It's always preferable to speculate an open position for some period before closing it, and one should always try to wait for the proper timing to earn better profit from a trade. Fear and impatient behavior are the enemies of traders and if a trader really wants to earn a lot of money then that trader should always learn to control those emotions.
All matters with your target or selling point because not all would really be that the same when it comes to their selling or buying point when the price hits up on a particular range on which it would really be just depending whether you would really be acting out on basing on what you have done earlier whether taking profits or hold up your position or wouldnt really be caring at all since you are really that going after for long term.It is true that emotion is one of the biggest factor on which it could really affect someone when it comes to decision making and since we are dealing on a market on which its price is really that truly unpredictable
on which its never been that shocking nor surprising that people would really be sometimes to be that impulsive when it comes into their decisions towards their trading.

If you are really just that starting up then you would really be having that kind of common problem on which you would really be altering out your plans or analysis just because of certain common factors along the way.
Unlike when you are that experienced already then you do really know on what you should gonna do on times like this on which it would really be just that common on what you should gonna take or
on how you would really be reacting on.
946  Economy / Gambling discussion / Re: Gambling everywhere on: July 18, 2023, 07:47:27 PM
Gambling gambling gambling everywhere there are gamblers everywere either online or shops and some gamblers are not happy to be one because they are addicted to it, now come to the present day question, how do you feel after making a stake? People on these forum mostly gambling board, lot of people here do say we should use spare money to make a bet (stake) but we all know that there is nothing like a spare money if people save money for future use I don't think a well thinking person will also save money for gambling, I think everybody who gambled sometimes does not know when they are in a gambling shops, just imagine you're about to check your past bets and you find your self about to stake another, please don't see it the other way round.
So if you use our saved money to stake a bet, what really comes next to your mind? I will like us to talk about this.

On the time that you are already saving up money for the sake of gambling then consider yourself to be an addicted person because no on on their right minds on doing such act on making that savings just for them to play.

There's no doubt that everyone could really be able to play considering  that we do have that kind of accessibility which is something that would really be normal. It is really just depending on a certain person on how
he/she would really be dealing up with things on the time that he would really be able to encounter. If you are really that on your right perception or approach on things then you would really be doing gambling
basing up on the time that you are getting bored or have nothing to do and just making use of that spare money of yours and doesnt really tend on going into a point on which making up savings for the benefit of
something like this.

In the case that you would really be having this kind of behavior then it would really be turning out that you would really be having gradual addiction which might cause up more serious problem later on.
947  Economy / Gambling discussion / Re: What could make you get into a fight with your fellow gambler? on: July 16, 2023, 11:03:27 PM
You should know how your friends are and if you can trust them. Either way, they shoulda made bets from their own accounts and not had to worry about any split. Plenty of shady punks out there and not worth losing a friend over a bet, but at least the guy found out his friend was shady.


Lets say that you've been friends for a long time already and you have no doubt on trusting it out just because he had said about on handling it out and since you've been friends for long then you wont really be expecting
something like this but its true that there are fellas who doesnt really care a long time friendship just for the money in exchange that they could possibly be able to get or take advantage on.It is really just that sad that there are people who are really like this which it is really normal that you would really be having this kind of reaction on the time that you had been cheated or getting the unfair deal. We cant really tell that we arent that minding or just simply neglecting or ignoring this kind of situation.

We know that if ever there are things which would stepped out on our basic principles in life then it would really be just that normal that we would really be reacting and doing things which are supposed to be done specially into this condition or situation. Getting cheated or getting advantaged on is never been that good or appealing on someone. So it is really that normal to be on that way.
If this one cant really be solved out through talking or negotiation then this would be ending on breaking up your friendship or people who are you dealing with.
948  Economy / Gambling discussion / Re: Gambling effects on LGBTQ+ People on: July 16, 2023, 09:27:07 PM
Recently research was held by Dr Reece Bush-Evans who told that online gambling could Hide the sexuality of the LGBTQ+ people and most of these people prefer online gambling as compared to physical gambling for obvious reasons.

The more important concern for the LGBTQ+ people is that they are being treated differently in a casino which may come under harassment. Also, the study says that people at the casino, the staff plus the public have shown discriminatory behavior towards these people.

New Research Explores Effect of Gambling on LGBTQ+ People
Wasnt expecting for this considering that once you do play out gambling even on a physical place then people around you wont really be able to know if you dont show any signs about on your possible gender whether you are a lesbian or gay then there's no way for you to be noticed on.Unless if on how you do dress and behaved then for sure you would really be getting that kind of treatment on which its not really that shocking
that people are really that treating you up which it do seems that you do have done something.There's always  that discrimination towards these type of people which it isnt shocking on this very judgmental world.

If they do find out that they wouldn't really be that getting be treated up on gambling casinos online then its their choice. Everyone could freely make out in between online of offline gambling approach according into your
interest or choice and there's nothing we can do if the community would really be having this kind of approach or treatment into someone who do have this kind of gender.
949  Economy / Trading Discussion / Re: Why Not Just Buy BTC? on: July 15, 2023, 11:47:05 PM
I've seen over one dozen websites believing that BTC will skyrocket in the upcoming years.
The platform I use is Coinbase.
I'm thinking of just buying BTC-USD and just leaving it be.
Any thoughts on this strategy?


You can buy and accumulate if you do like but if we are already talking about storing or buying huge sums of amount then it wouldn't be wise on storing
those coins on those custodial things and exchangers and platforms like Coinbase isnt a wallet but an exchange which its centralized and you dont possess the keys which
its still not our coins and once problems do exist then there's no way that we could be able to get those coins back. Therefore, you should consider the list;

1. Electrum
2. Hardware wallet like Ledger or Trezor
3. Some wallets that are non-custodial, cant point out which one but there are existing currently.

If you do tend to go for long term then this would really be the best thing to be done. Always secure those coins on wallet that you do possess those private keys.
950  Economy / Gambling discussion / Re: What could make you get into a fight with your fellow gambler? on: July 15, 2023, 10:33:24 PM
I heard of a story about two gamblers that got into a serious fight on the grounds that a bet they merged an amount of money equally to place  using the online account of one person among their two. Luckily for them the bet won. But something happened, when it got to the sharing formula of the total amount won the owner of the account  insisted on taking a lion's share since it was his account that was used in placing the bet. The latter refusing to accept it that way they got into a serious fight. How pathetic!

What could make you get into a fight with your fellow gambler? And would you agree at anytime to double cash with your fellow gambler to place a bet using his account, on the notion of increasing the potential win.
This is actually a funny thing but it can also be a good lesson because when combining like that even though the profit (if winning) will be more but the worst possibility is that after winning there will also be some disputes like this.
This should be used as an example that even if friends then indeed when talking about money things like this are still possible and can even be said to be very possible to happen.
I have never experienced some disputes with other gamblers because for now I am still on the online site without going out to be at the gambling table and I also do it alone without any help from others or maybe combine as the OP said in the story he got because I avoid things like what happened at the end with the dispute.

and that means, when it comes to money matters, you need to be very cautious even with friends. first and foremost, you need to be clear with the arrangement about your bet, and what will happen afterwards. if you need an escrow or third party that will intervene with your situation, better get one. rather than ruin your friendship because of money matters.
Let alone with friends, sometimes for family too sometimes we have some problems when talking about money let alone this is only bound by friendship, obviously this will be a little risky even though we already trust there are still some things that should not be equated, especially for financial matters.
Escrow may be a good option but when it comes to gambling I think doing it yourself would be much better than we bother to think of some conditions where it makes us hassle in the end.
There are some things that we might be able to share with friends but when it comes to money sometimes this is different because in this case there still has to be boundaries to minimize so that we avoid divisions.
There are moments on which you would just simply neglect on what things should be done in terms of money engagement or agreement since you are really just dealing with your close friend or with family on which you

are really that confident that when it comes to trust then you could somewhat be that knowing that there would be no conflicts on the time that you would really be dividing those winnings if ever it turns out to be positive
but we cant really be able to avoid that there are certain individuals on which they are really that indeed greedy and doesnt care on what other people would feel about it and they would really be having that kind of
entitling themselves just because they do own the account or whatsoever that they would be able to reason just to get the bigger cut.

For you that you are really that making up those fair and square dealing and agreeing earlier then you would really be having that kind of rage inside on what happened. You should have
able to get the equal share and not something that would be lesser on what you do expect. So argumentation would really be next in line depending on what kind of person you are whether
you would be that forgiving or would really be liking to argue your rights.
951  Other / Beginners & Help / Re: Retiring on bitcoin on: July 15, 2023, 09:17:47 PM
How many bitcoins does a person need to retire, what is the cashout plan and why?
Doesnt need to retire if you do have that significant amount of Bitcoin on your stash because we know that value couldnt really be an assurance that you could be able to sustain it for long years or on the time that you do live and having no job or income source. This is why i do agree on some points above that you should still have that job and at the same time you would really be having that accumulation of BItcoin as much as you can or even on other crypto which you do seem that it would really be having the potential to make yourself that financially free.

Actually this is really that a broad topic considering that each person does have their own level of preference when it comes to money and what amount would be enough for us to see that it would be sufficient
even if we dont work but honestly when it comes to sustainability then there's no doubt that it would really be wise that you should be having at least those known traditional investment like on
real estates on which you could somewhat have that assurance aside from your crypto portfolio and i could say that it is really that risky on having this kind of consideration or you wouldnt
really be that confident that you are on a good situation.
952  Economy / Gambling discussion / Re: KINGPYN BOXING Competition on: July 15, 2023, 08:30:29 PM
Quote
What is Kingpyn Boxing?
Kingpyn is an organisation that puts on fights between high-profile individuals not usually known for their boxing.

These have often been influencers and YouTube stars, taking advantage of the crossover appeal of celebrities stepping into the ring.

Among Kingpyn's fights in 2022, Brooke beat AJ Bunker in the co-headline bout of a card at London's O2 Indigo billed as "the biggest TikTok boxing event of the year."
Read More https://www.sportingnews.com/us/boxing/news/what-kingpyn-boxing-schedule-results-bracket-whindersson/u0ljq42hukrlwjtv6gqgklkt

I'm still not very familiar with this competition, is it different from boxing in general?

but I see some of my friends are excited about this competition, do you want to bet on this boxing competition when you have a little information about the boxers?
We do have that kind of boxing match ups but the fighters involved are to those people who are really that popular on social media or youtube or on other similar people which making out some arrangement on having a
fight which i do consider not to be that in having that a real boxing. Everything is really that been hyped up and of course this would really be pertaining on how they would really be able to make money.

Usually they would really be making those fake conflicts and argumentation on which they would really make things to be heated up and on the time that it would be making some hype then this is where
they do mostly prefer because we know that the more people watching the more money that they could generate which its not really shocking anymore in todays world where
everything is really been that rolled out with having that very common intent.
953  Economy / Speculation / Re: When will you sell...next bull run? on: July 14, 2023, 11:27:08 PM
As an investor on bitcoin,I know that most people invested to make profit by buying their bitcoin and try their possible best to hold on to their bitcoin till the next bull run,which will be a perfect time to sell and make profit. My question goes like this
1. What price do you think that bitcoin will hit in the next ATH.
2. When do you plan to sell and make good profit from your bitcoin portfolio,is it next bull season or the next two bull market,because bitcoin price is always tempting during the bull run. Give me your target price that you will be happy to sell off your bitcoin.
Let's discuss.
I think we are in bull run session. Bitcoin now in real bull run session. Because Gradually bitcoin price increasing. I think within short time bitcoin price will hit new ATH. I believe bitcoin price will hit $100k within 2024. I am Planning to sell my coin minimum 10x profit. When bitcoin price will hit near about $80k then my all cryptocurrency profit will happen 10x  and i will be Very happy.
We're certainly not in a bull period right now. Actually, we're not even close to a bull market now, nor is Bitcoin's price gradually increasing. It's stuck at $30,000 and there's huge resistance to stopping it from increasing any further. Moreover, it seems doubtful that we'll see any major recovery throughout the year, with the most probable scenario being $40,000, which still isn't too bad judging how the year has progressed. $100,000 sounds like a possible scenario after the halving, but I'm not too sure about when that'll happen and if that's going to be throughout the next year or should we wait for two years from now at least. In my opinion, 2024 will be met with a new ATH, at $80,000, which is still great. I'm curious though; at what price did you buy Bitcoin? $10,000? Because you're claiming a potential profit of x10.
Bull run wouldnt kick in before halving event which we know that this do usually happens after halving event on which we are still that too far off with that event which we can really say that if we do really tend to accumulate then the best time on doing that is now. Dont tend to wait up for below 20k price which it might not really happen after all but there are still rumors and speculations that we might be seeing another huge dump before the market would really be having that huge reversal. This is why making up decisions basing up with those words would really stir up your mind on what you should gonna do.

Selling when bull run comes? Yes, if you dont like to wait up for another 4 years before you would sell your profits then its better to do it once the market would kicked in to go bullish. Well, we do have different bags to
handle out whether it would really be good on very long term holds or would really be just good on trend swings or whatsoever. Not all people would really be having the same plans and goals that they do have in mind.
Just let them be on what are the things they would do because in every decisions there's always comes a risks.
954  Economy / Gambling discussion / Re: What could make you get into a fight with your fellow gambler? on: July 14, 2023, 10:07:41 PM
I heard of a story about two gamblers that got into a serious fight on the grounds that a bet they merged an amount of money equally to place  using the online account of one person among their two. Luckily for them the bet won. But something happened, when it got to the sharing formula of the total amount won the owner of the account  insisted on taking a lion's share since it was his account that was used in placing the bet. The latter refusing to accept it that way they got into a serious fight. How pathetic!

What could make you get into a fight with your fellow gambler? And would you agree at anytime to double cash with your fellow gambler to place a bet using his account, on the notion of increasing the potential win.
When it comes or in talks of money then its not shocking that people would really be changed up instantly, you would be making those agreements initially or before on such bet on which because its your friend then majority of us would really be trusting and having no issues on agreeing but on the situation that you have said then it cant really be avoided there would really be argumentation because the other side had expected that he/she would get the fair share considering that you do both funded up that bet equally. There's no such thing about having the account owner would really be getting the bigger share.

This do really indicates that the owner of such account is really just too greedy and this would definitely result into a fight because the other side would definitely not that letting for that thing to happen.It is really just that
too unfair when it comes to that sharing. Its never been that right.I would definitely be having on the same reaction if ever i would really be on the situation on which it would be normal that you would fight for your right
or the amount that you do own. This is a fight that you couldnt really be able to avoid in talks of money but if you are that someone who dont like trouble then you would just let this thing slip through.
955  Economy / Trading Discussion / Re: Things that influence our trading decisions on: July 13, 2023, 10:23:51 PM
~snip~
However, due to previous losses, we can become emotional, which complicates our trading. This is a hurdle to our trading strategy, and if we are not conscious, we will become victims of our own emotions. As you stated, greed is a result of emotion, most notably consistent losses. To be good traders, we must understand how to manage our emotions.
^This is definitely right and I agree with this.
Being successful traders means having a deep understanding of how to control our emotions rather than letting them control us. By developing emotional discipline and staying committed to our trading plan, we can overcome the negative impact of emotions and have successful trading decisions. Remember, managing emotions is an ongoing process that requires self-awareness and practice. Through discipline, self-reflection, and continuous learning, we can strive to become better traders and improve our overall trading performance.
Many people out there which want to become traders have the mistaken idea that if they want to become traders then they need to master all kind of different indicators and become a master of TA, and while that will help without a doubt, it also very important that people develop some emotional intelligence when they trade, as it is on those critical moments when everything hangs in the balance when the most important outcomes are decided, and if you are an expert on reading charts but you have a low emotional intelligence then you will make a mistake from which it will be almost impossible to recover.
That's what I thought before that you have to learn all the indicators to become a profitable trader. I learned many indicators but instead of making it easy for me to trade, it complicates my trades. If you're going to use an indicator to determine the trend, you can either choose moving averages or Bollinger bands, no need to use both of them in the chart because it's useless.
And yes, emotional stability in trading is very important to be successful and that's why some people says that it's 90% psychology and 10% TA.
I tried TA for several years, but it didn't show its effectiveness. So I don't use moving averages and other TA tools. I am an adherent of fundamental analysis.

Psychology really has a huge impact on trading. There are even special psychologists for traders if you want to improve your morale. But you need to be very careful when choosing them. This is a favorable area for many scammers who pretend to be a real psychologist, so you need to choose very carefully.

I heard someone like you who just trade fundamentally, but because you're not using TA you don't know where is the invalidation and where is the take profit area. In other words, you didn't put stop loss? And take profit when happy? If yes, you're likely using a spot trading because if you trade with leverage, it's so risky. Personally, I trade both TA and FA before but when I observed that the news mostly come when the price accumulate, I decided to focus more in TA.
And plus the fact....

News couldn't really pop out from time to time on which there's a specific random time on which these things do pop out like mushrooms on which means that if ever you are really that a FA trader then you would really be only having few trading sessions and most of them are really just pure random kind of positioning if you arent using some technical indicators.This is why it would be always that recommended that you should have
that both knowledge on using up indicators and using up news together if ever it is really that available.

It isnt really that needing for you to have a single choice if you could make use of both. Try all the ways and methods available as long you could be able to put yourself at advantage and this is something that you should mind on. Dont stick on a single way or method because this market is way too vast or broad and totally random on which it would really be needing that kind of approach and if its needed to make out combinations
on both ways or methods then you must do it for you to have that better picture on where are the possible ways or movement which the price could go.
956  Economy / Gambling discussion / Re: Gambling is not a steady income haven on: July 13, 2023, 09:19:16 PM
Just go and check the results of tennis today,Europa Conference League,Champions League preliminaries some days ago and you will see a lot of surprise results.These surprise results are common since the gambling and betting on sports started,back in the days of Pele,Kroif and many other legendary players we did not see such surprise results this common and this often.This does not mean that football is better today,in fact completely the opposite,football because of gambling companies interfering some times by bribing the players of a team or a president of the team,makes gambling absolutely a not so steady income,maybe in the past you could do well with sport betting but right now it is impossible.
One of the factors too on which it is really that totally stirring up the results even if its clear as day on whose gonna win basing up with the numbers or statistics on which it would really be that common sense that you would

really be sticking into something better but we know that once corruption do live into this world then it would really be a huge factor that would really be able to affect such fairness and since we are talking gambling
which upsets could happen too then its not really something shocking that results wont really be that be so sure or would be precisely be known. There might be gamblers who do make a living but those are gamblers
who had been able to sustain despite of those losses yet they do know on how to handle it out and make them winners in the end of the day.

Sounds impossible but its actually that possible, it is really just that it wont really be that so something simple for someone to be able to reach it out.
957  Economy / Economics / Re: Chinese city now accepts CBDC payments for bus rides on: July 12, 2023, 11:33:42 PM
Yes, they started implementing this nonsense in China.

China is basically a centralized authoritarian country and CBDC will increase the centralization of the government terribly, which will be a huge burden on the citizens because all their transactions will be under the direct control of the government.
I don’t know of a time when the government haven’t been head of affairs and having CBDC doesn’t make no difference from what has been. It’s all the same package, just providing more options for them to pick from in a bid to divert the attention of its citizens from the cryptocurrency advent and I wonder how has that being going so well for them.

CBDC is still the typical fiat, just a digital fiat and that’s what it would ever be. So, those who know better would always sort better alternatives based on their desires else, they stay stocked in the same old centralized systems. It’s just options and choice:
CBDC = FIAT

There's no difference in between these things on which it would really be not shocking that government would really be recognizing CBDC's rather than on touching up those decentralized cryptocurrencies on which it is really that understandable that they would really be sharing up with the same impressions towards it which it would really be that negative.This is why these kind or type of news about acceptance of something centralized
or been created by them isnt really that something interesting but instead getting annoyed on why they have done such thing if fiat would be enough?

We do have cashless payments already using up those card on using up in bus, trains or other similar transport. Yes, it does bring out convenience but it would be great too if they
would really be adding up some options too.
958  Economy / Gambling discussion / Re: increased Youtube Gambling ads? on: July 12, 2023, 10:32:52 PM
~snip~
This has a point. It's still entirely up to you if you will give into the temptation of gambling. The advertisements are just there to encourage you but the decision still lies on your hands. Although having more and more ads in social media platforms and in the internet in general has its cons as well since not everyone has the capacity to be logical thinkers. There are minors lurking around the web which can stumble upon many ads about gambling that can affect their way of thinking even their decision making. Since adolescents mostly are impulsive and I'm saying this based on experience myself when I was younger. So, i think it's much better to have regulation of gambling advertisements so that there won't be too much of it and it can just reach the right target audience or market.
We must not give up and be tempted to visit advertisements for gambling sites, especially gambling sites that we don't know. There are lots of advertisements for gambling sites like that on the internet, and it requires caution in choosing one. The internet only provides a place to search, while social media sites or other sites are just a place to promote, so we have to filter them so we don't experience any fraud. And indeed, minors can easily find any advertisement online because they already know the device, namely the cellphone. They can search for any sites they want unlimitedly, and if they visit a gambling site, it can have a bad impact on them because curiosity will make them want to play gambling. This is what every parent should be aware of for their children.
You do just only need the common sense which you do really have, of course you cant just simply click up on randomly just because it did make some pop out but eventually these are normal things that do exist considering
that these places that we've been using are being also used by tons of people or users on which it would really be just that right that they would really be making use of it as a medium for marketing. We do have different
automation now when it comes to leads and niches on which on the time that a certain user do click up on something then it would be understandable that they do already know on what you are interested into
and this is why we do see up these recommendations.

All the things been shown around though or online isnt always legit and this is why it would really be just that right that you should really be making in depth more research when it comes to things
because if you dont really be able to do so then you might be ending up on a disaster.
959  Economy / Trading Discussion / Re: Making a x10 or x100 by short selling on: July 12, 2023, 09:22:44 PM
No one considered that the most you can profit from a short position is 1x of the amount you used for short selling.

To illustrate, if the trader has $1,000 in his account and wanted to use 10x leverage - $10,000 - to short something priced at $100, then the highest amount the trader could take profit is $10,000 IF the coin crashed to zero. The only reason why there's a potential to profit 10x of the original capital is because of leverage, NOT because there's an exponential return.
The OP said that it might be easier to make 10x shorting. well, I think he really hasn't gotten into trading yet. Even when we get 2x profits when short, it is a very good thing. it's not as easy as the OP said. in fact, it takes persistence for it, it's not even easy to get 2x when going short. In addition, many people who target short, get stuck and end up holding on long term because the price of the coin they are buying has dropped drastically. Imagine making $10k, with $1k in a short amount of time. well, I think if it was that easy, nowadays people tend to prefer trading over investing.
One can simply not hold if they are trading in futures, they will either get profit or get liquidated if the market moves in the opposite direction based on what leverage they have selected for their trade, so it's obviously not easy to get 10x in futures trading, even the ones who are experts of the market tend to lose money when it comes to short futures trading because it is very difficult to perfectly time the market in these kind of situations.

Futures trading is basically not for users who have no knowledge or experience at all, newbies need to stay away from futures trading because they will easily lose all their capital in no time if they just get influenced and start trading futures so that they get a lot of profit in a short period of time.
Going past 10x in leverage or futures trading is already risky or i shall say that it would really be that already a gamble because having that 25x or 125x or more then it would really be totally risky and its true that even on

slightest movement then we do know that higher the risks on getting liquidated. It is really that surprising that there were even some noobs who do really be able to dive in with futures trading without having that sufficient experience and knowledge on spot trading on which you could really be able to laugh on what the heck they've been doing on this very risky field? Even myself had been able to trade for too long but i havent touched up on trading with futures on which i do know and able to see on how it would easily fucked you up on short time.

Yes, when it comes to potential income or profit then you could actually able to reach it out if the market would really go along on what you have predicted and not the opposite.
It is really just that there are people who are really that risks takers on whose they do really love on touching up this area despite of the risks.
So its personal choice whether you would really be pushing it through or not.
960  Economy / Gambling discussion / Re: An Intriguing article: How to Perfect Your Gambling Strategy on: July 12, 2023, 08:20:17 PM
Indeed, when talking about gambling, there is no strategy. But to minimize the occurrence of big losses and defeats. Of course, this can be done by analyzing several possibilities that will occur before you place a bet to play gambling. Because if we fixate only on luck maybe you will find it difficult to get victory.

part from that, there is something more important than your gambling strategy, namely managing your finances by limiting the amount of money to play gambling every day/every time you play. The goal is that your money doesn't run out in just one game, because if it's not regulated this will jeopardize your finances and can allow you to get into debt and fall into poverty.
The certain thing is that if you want to reduce the occurrence of big losses and losses, you also need to reduce the money you bet and only bet on a few bets if you can analyze them properly. But most people will try to place bets on many sports at once because if they win, their winnings can be big. But that's only if they can analyze well, and if not, it's better to stick with a little money to bet and only bet on the sports we are familiar with. You can use many strategies in each game but remember that that doesn't guarantee you can win either.

Minimizing your capital or making sure that you are using your bankroll the right way.

There are many good factors that you can earn when you know how to set limitations and you know how to follow
all the strategies that you created.

With bankroll managements you will be able to take a longer time frame with your money, and you will be able to
avoid burning all of your money in just a single session. It's more on good balance and limitations.
Gambling for fun, and this should really be an enough thing for you to have in mind on which you would really be able to handle up yourself well if you do have this kind of intent on the first place
because you would be mainly be thinking that gambling on your entertainment or leisure on which having these strategies would really be just good or really that been used on prolonging your gambling session.

You wouldn't really be forcing up yourself on trying out strategies to work and make assurance that you could make profits.This is why trying out to perfect or having this kind of impression
would really be giving out that kind of desperation instead on trying to deal up with gambling on the right way. This is why its never been that ideal on having this kind of approach because once you do have
this kind of thinking or mindset on trying out to perfect your strategy.It would really be pushing you instead on the line of your limits on which it is really that something harmful if you wont
really be making yourself be wary.
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