I have not seen a trader that do not lose sometimes, i may be new to the forum but been learning before now. it has nothing to do with sentiments but traders have to learn to accept trades the way it is, without attributing loss to any factors; as it leads to more rekts.
Always accept the market as it is without blaming any factors. Always dyor too
What you have to understand is that the changes that occur in the market are certainly a cause, indeed all traders do not have the right to blame anyone in this case, but they also must be observant and careful in dealing with the market situation at all times. Things are unpredictable in this volatile market. Sometimes analyses won't work and what happens are the unexpected ones. I do agree with thr point that a trader should accept that one would not win always and there are simply times for losses. In trading, it is indeed important to observe, there are periods to which it would be best to do trading and times wherein it is not. But due to the sudden changes occuring in no particular time, periods turn into days only, shorter to be simple. Of course, we can only play the cards that we have on hand. The task of any trader to clearly understand why in one situation he earned, and why this did not work in another. Losses are an inevitable part of trading; however, every mistake should teach you something, this is the path to wealth.
Losses should come with new learnings, indeed. I disagree with you. We should not learn to accept our loss without attributing it to any factor. Losesicould be as a result of greed, no trade strategy or plan as well. When we I cure loss, we should trace the reason why it happened in order to avoid the same mistake again. Without identifying the root of our loses, we won't make profit.
No matter how we trace the root cause of a loss, there are times we cannot avoid such thing because volatility is in nature of this market, things cannot be predicted making it valid whenever losses occur or take place. Best thing to do is to just continue.
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Technically speaking, no, we cannot delete 'dead' coins in our wallet like it is a social media account that we no longer use unless it is ERC20 tokens, maybe? Kidding aside, as what have been said on thr earlier posts of other users you can send your coins into unknown addresses but their would be a gas money which would be some kind of a hassle. I suggest keeping them as a remembrance. You are not the only one being in such situation. I also have many dead coins, and I doubt others don't especially those who are here for years already. Most of the dead coins I have, are from bounty projects way back 2017 before the huge decline occurred. I have no choice but to keep them with quite of a hope that those coins will have a value someday, if there would be a miracle which would lift the market in general. Selling those coins would be a waste of time at this moment. You would rathet get a 'loss' than earning profit from doing so.
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Maybe, it would be best to start with games you are familiar with in order for you to have an inital idea of how that game works. If you would jump to a game in which you are having no familiarity with, you would basically start from a scratch. But in terms of the safest games, there's really no such thing. All gaames has risk since it is gambling we are talking about. Sportsbetting I think is a game wherein winning is quite predictablr especially if you are familiar with the sports and the teams or players. Popularity could also be a good determinant on which one to bet your money with. For me it is card games, I am very familiar with card games especially with poker. But it all depends on every gambler since the criteria for choosing the safest online gambling is what game you are comfortable with and familiar with.
But still, being comfortable with a game does not make it safe to gamble. Gambling is "gambling" no matter how we look at it.
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Trust points would be a good indicator to determine whether a user is that trustworthy. Although, there are people here who are trustworthy but are not having trust points. But it would be understood already that you are just wanting for assurance so it should not be surprising if you would look in such aspect. Also, trust score is not enough, check who gave him the trust point, it is a matter of checking the credibility of a trust point which would further give weight to that point. If that person who gave him trust point is having a good image or simply if he is wellknown in this forum, it would be safe to make transaction to that person who earned the trust point because those who have good image in this forum won't give points if the user do not deserve it.
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In order to overcome a loss in trading, one should continue. If you lossed an amount due to a mistake then learn from it, continue. You won't always win in such msrket wherein consistency is lacking. What wotks is deep analysis and luck most of the time. Predicting the best coins to trade is not possible. Selection of coins would depend on the trader's speculations of the market making it normal to sometimes lose. Although you may not completely escape loss as an altcoin trader or crypto trader in general , but if you study the market well and get familiar with FA and TA you can trade with profits. One more thing you have to avoid greed, take your profit while you can.
Greediness will make you avoid the profit. If you wait further more for a greater profit because you are greedy, this will not allow you to take the profit while you can. Avoiding the greediness and setting an accepted profit shall be enough as a trader. Wanting for more is not a bad thing, there are times wherein waiting is suitable and times wherein it would be more risky to hold for a little longer. But I do get the point, trading do work more often on short term and investments do work more on longterm. But it still depends. The only way to escape loss of your altcoin is by hodling. As long as you don't sell, the price is nothing but a number on the paper.
Holding won't be effective always. There is a chance for the loss to bloat if you will still hold and wait for things to recover because there are times that coins remain on the "dip".
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Success i think to most of the projects is long term development. Many projects at this moment are dying in a sudden after their campaign period. More likely, projects are being drag down by the market behavior. Long term plans I think is rare to most of the projects. Projects nowadays are easily giving up when things do not go with their expectations. Projects which are having huge plans in the future are those who are fighting for survival at this point. Just observe those projects who are running for years already. Popularity is getting bigger which would be good for future developments and progress in general. For me, if we are talking about new projects, a successful project is simple! Once they deliver the product whether they follow their roadmap or even there was such a delay, they will still deliver the project, a working one, maybe there are flaws but surely improvement is there once it is being tested. That is my take for a successful project.
It won't be a success but rather accomplishment. If their goal would stop at a point wherein they delivered their products to theit consumers, it would be the end. And that simply is not a success. A success is something continuous.
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The tips are something applicable to both online and casino gambling I think, such tips are the things to know on any gambling platform in short. This thread and this one: https://bitcointalk.org/index.php?topic=5238198.0Speaks for the things that should be done by a gambler not only in online gambling but also casino gambling. But it is not really surprising that the "guidelines" for both platforms would be the same, because we are just referring to a single subject matter, which is gambling. I think, the thing that would distinguish online and casino gambling is the ambiance or the 'feeling' when you are playing. So to somewhat add to OP's "tips", maybe trying to control your emotion, in particular with the "hype" your surrounding would give you, is something to be put in prior. Your losses could get bigger if you would be carried away by the "teasing" of your friends to play even more. This i think would be also helpful.
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Bitcointalk profile link: Eclipse26 Current amount of posts (including this one): 879 Amount of merit EARNED in the last 120 days: 5 SegWit BTC Address for Payouts: 34vJq7hRvTrLbkAC8m1svWFxL36Fxiq1hW
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The situation is obviously not good for this industry and economies outside. But the bottomline is that, this won't br permanent and I really hope it will not. For sure, months would be needed in order for the market to recover from thr problem we are currently facing. In a month I think there will be a recession, then there will be a very good time to enter. Any crisis, any such situation means one thing. You can either make a lot of money or lose it. It all depends on your mood. I plan to raise money.
It is quite hard to picture out that things will be fine after a month. I think, months would be needed for the recovery of things outside this industry and more, for this economy to again, rise. We should mind things that would help us in our daily lives, especially if you are one with those who are highly affected by the problem. Take this time to learn things that would be useful when the scenario is again back to its "normal" state. Although for now some major events are delayed due to the Covid-19 but the price movements of bitcoin and altcoins begin to increase even though they are not yet fully at the highest level but we just wait for a big surprise by the end of this month, as many predict the price of Bitcoin and altcoins back to the peak.
Those are just mere expectations, we cannot really depict what would happen. Take note of how huge the expectations were before, and see how the reality is going.
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To be honest, at first I do not have high hopes in halving and this situation made my expectations smaller. I do not expect that much because I am morr anticipating the inconsistencies regarding events in this market. Not because the market value before of cryptos increased, referring to the previous halving, same thing would automatically happen for the upcoming one. Every year, different factors could affect the market behavior and that is enough in my opinion to not hope that much. I do think that a single event won't lift the market prices alone. I am expecting for an uprise someday but i am more expecting that it won't happen soon, making me hold-still to my investments. We have a lot of expectations in the halving in fact our expectations are very high before this pandemic especially those new in the market and the first time to experience halving, now is your expectation still high in the coming halving even if we are in the middle of a pandemic.
I don't see bitcoin over $12000 ever again honestly. For me it looks like btc is getting into slow pace stage when its fluctuations won't be as big as they were. Now when pandemic situation is going on - I believe it will slow down btc even more, so halving won't change much I do still see bitcoin breaking that barrier someday but that would only be possible if there will be mass adaptation of bitcoin which I think is hard to visualize at this point wherein countries are minding 'more' important aspects of the economy which is valid. Patience is the thing that we should have right now and avoid fantasizing. Expectations could hurt anyone.
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Would still be hard to think of such thing knowing how big Bitcoin already is. Established wide community of users and investors, listed in many exchanges being used in different transactions by different countries, and also being the namr that "respresents" crypto industry. Have you observed whenever we are trying to introducr crypto to other people, first thing that comes to their mind is Bitcoin, that is how powerful it is already. An altcoin can arise and have a highet market value but I don't think that would be enough to put Bitcoin down. I think impossible can beat the price of bitcoin even in the future bitcoin has high popularity and high interest in each exchanger, I am sure the price and popularity of bitcoin in the future higher from now
As each day passes, I believe that bitcoin will be more popular. I believe that current investors only care about bitcoin because they have been so scared of altcoins for years. There have been a lot of altcoins created with the purpose of replacing Bitcoin but all died and became a scam. I do not believe that altcoins can surpass Bitcoin, even that of ETH Indeed. Think of how many altcoins are there but observe how many people are anticipating to invest in Bitcoin over other cryptos. I do not believe something is impossible but if ever there will be an altcoin to surpass bitcoin, it won't appear soon. There shall only be one and it is BITCOIN...
Cryptos and Fiat could co-exist so I don't think Bitcoin will remain someday, alone.
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The idea is there but it is applicable to all "kind" of gamblers not only limited to online gamblers. It is a given fact that gamblers should not go "all out" whenever thry are playing , what is ideal is to limit their bets or the amount of their losses. But that is just ideal. Reality check, many gamblers both online and in casinos, are losing that much because of greed and frustrations but in the first place they are not lacking awareness of what should be avoided and what is to be done. That is how gambling works and also vices.
Such guidelines won't work if the individual himself won't initiate for the changes to occur. But I still admire the effort of sharing these tips, still it could save a gambler no matter how we look at it.
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Good point but merit is just a huge thing in this forum. I do get the point, low number of merits does not mean that you are not promoting "quality" in this forum in terms of your posts. But unlike before, this is the main thing in order to make profit in this forum, sad to say, unless you are in this forum to just learn and intereact which is the main purpose of forums. Without enough merit you won't be able to join campaigns which is the main source of profit in this forum. Although there are airdrops which do not require merits as well as campaigns, we cannot deny the fact how important merit is. Well said mate, it is not all about merit, there are some factors that may affect why some posts don't have merit. 1. It is not that useful post. 2. It is not updated news. 3. Plagiarism. 4. Posted in a wrong board. 5. Already posted before.
Those are the only things I know why some posts are not getting merit, so always keep creating useful and help posts to help everyone in this forum.
There is no board that has the highest chance to be given by merit as long as you have created a useful posts it will be given a merit.
Some posts are not getting merits simply because other users chose not to give one for their own reasons such that they are not that familiar with the creator of the post (some are onky giving merits to other users they know), some thinks that it is a common topic and the concern is already answered in other posts or the idea was discussed already, and other reasons but the bottomline is that, we should respect still their decision of not giving so. Just continue your "thing" because we are having a wide community if users that can give you one or more someday.
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In general, I think it is not a good thing to do in an activity wherein winning is not even certain, which is enough to invalidate that it would be fine to do so. Ofcourse, every gamblers are free to do so but I sugget not to, just play it safe and do not let frustrations eat you. Indeed there will be times wherein you are having that 'feeling' but that would boost your urge to more likely crave for a win, this would further result into bigger losses.
If ever you would prove betting twice bigger than your loss is effective, do not make it a norm in your gambling habit. Believe me, that is where addiction occurs. Everytime a gambler is experiencing frustrations, chances are high that he will lack awareness and conscious of why he is playing. Every gambler would have a mindset of not losing that much. And this mindset will be worthless eventually once you are too dragged in this activity. Note of how addictive gambling is. Keep in mind how powerful money is.
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There are simply people who are lucky enough to win bigtime. I think this is the reason why there are gamblers who are really into gambling. They are aware of people who actually won and became rich in gambling which may gave them the idea to do so, making other gamblers to rely that much in their fortune in gambling, which would boost their life situation. But that should not be the mentality of a gambler because it would more likely yield to gambling addiction and frustration, in my opinion.
Gamblers, I think, should be aware of the fact that there are people who are lucky and there are people who are not, pushing your luck and expectations won't result into betterment of an individual, gambler perhaps in this situation. When it comes to income, people should not depend on resources that won't show consistency ; you may win sometimes in gambling but take not of how many times you have lost.
Going back, I appreciate the effort of sharing such information, because I am not that familiar with the names of those people, although we are all free to browse but we won't always think of knowing such thing in our everyday lives, if you know what I mean.
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Good thing that you decided to comeback. Upon reading your post, I guess you were an investor before and you are trying to engage yourself in trading at this moment. I am no expert in this industry but I would try to address each of your concern and share my idea about each of it. First, do I need to study different technical analysis? Will it be helpful once I'm into trading cryptocurrency?
Technical analysis is an important thing to know about when you are about to move in trading along with fundamental analysis. Technical analysis is a combination of both examining and predicting the behavior of a market in order to come up with a "market pattern", which in this case, a trader would follow such as when and what to trade. Fundamental analysis on the other hand is seeking for the 'core' idea in the market such as what coins have a low market value, and what are the coins which are more expensive. These analyses would be a good determinant of a good trade. Second, do you know some famous crypto fanatics whose giving some good tips about crypto trading which I can follow and learn from?
I cannot give specific names to who are the good ones to give advice on what to do in trading. But there is a trading discussion section in this forum wherein you may further read about this matter, which I think would be better than to seek or based to an individual, about what to do and what not, because there is an interaction, morr opinions, the more you can come up with an idea. Lastly, what do you think are the good coins now to look forward to. I can see on the chart that there are lots of new coins in the top compared to what I knew way back few years ago.
It is hard to tell at this moment. We are currently in a situation wherein things could happen in a sudden. I would advise further observation until a "pattern" is already visible to which coins would be good, because in my opinion, determining at this point the good coins, is like jumping into conclusions. I hope these answers will somewhat help you.
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Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=968575Current amount of posts (including this one): 870 Amount of merit EARNED in the last 120 days: 5 BTC Address for Payouts: 34vJq7hRvTrLbkAC8m1svWFxL36Fxiq1hW
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Bounty campaign is a good way for projects to spread the word and gain publicity in the cryptocurrency market. But it is not the best way to gain investors. Good projects don't depend on bounties alone to promote their token sale. And this is because when bounty hunters post about a project, majority of these posts is only seen by other bounty hunters and not to the real investors. And these posts are just basic and can not convince good investors to invest. Bringing in the investors and funds depends on the team's marketing ability and their ability to close deals. This is why good projects attend a lot of crypto events and network with people. Though bounties help a project to create popularity and hype among crypto users, the main investment and funds is brought in by the team's marketing and closing ability.
Your words are true to certain extents. Bounty campaigns thus help to spread information about projects on this forum (most importantly) and likewise social media campaigns If no projects get investors from this forum, social media or even in YouTube, then perhaps their product is not one that needs investors And we cannot deny that bounty campaigns is a huge part of the project as a whole, because most of the projects are crypto-based, therefore, their target group of people are those inclined with this industry. And the team's marketing strategy is no longer surprising through bounty projects it is like rooting for the core people needed for a subject matter. The goal, I think, of bounty projects is to promote the existence of a project itself. Participants of a project may not directly promoting the project but it still spreads awareness. It is indeed true that the long term run of a project depends on the team's effort regarding with their plan, not including means of promotion thru bounty campaigns, but it is also true that bounty projects are part of that 'effort'.
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I am not knowledgeable ENOUGH in this industry. This I think, is the mentality that we all should have in order to keep on learning. No one is more superior. You might be feeling that other people are having more knowledge compared to yourself, it might be true, and also, it might not be. The best thing to do is to avoid comparing oneself from the other if it is knowledge you are trying to measure. For sure there are things that I know, but you do not know, likewise, you know something in which I don't.
It would be impossible for someone to not gain knowledge if you are really studying or reading about it. Interest and curiousity are the main tenants, in my opinion, in order to gain new ideas and information. If technicalities are your concern, but you have done your part of reading about it, and still you are freling something you lack, the best thing is to stop comparing. Do your part, then interact in order to know more.
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There is a tendency that some of them would engage to online gambling if they are really that addicted into the activity but some would be forced to resist their urge to play because there are things which should be prioritized at this moment such as things regarding daily needs, given that there are shortage wuth the supplies in some places, so they would more likely choose between dying out of starvation- worst if their government is not effective to aid such situation. Some will just jave no choice but not to, since there are companies who are not paying their employees due to the policy of "no work, no pay".
Bottomline is that, those gambling addicts who still have the privilege to do their own 'thing' will just continue, and those who are less privileged will be forced to stop until this problem is solved but if they are really that addicted, they would again engage to the same activity once situations are back to what is 'normal'.
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