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It's not a news any more that the world cup is close by already, I had a quet time to think of how the world cup can impact in the Crisis happening today,
There is war going in that has the potential of escalating to world war 3, and if this happened, we will be so cooked that, we will bearly have a chance to even gamble, but we can only hope that such doesn't happen
Meanwhile in the past, sports has been part of the reason a war subside, so do you think this world cup has the potential to ease or even totally ending the war going on?
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Hey guys, As the topic says how Is December market for y'all, I have heard alot if traders tell me that it is not good to trade in December, especially the forex market, because it is not balance and you are at risk of more SL's but I do feel that it's just a myth and it's not actually A real thing, I feel the market is the same as other month, the only difference is the holidays
So what do you guys think about it, is it actually true or it's just an assumption.
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Hey guys i just want to shear a little story of how my trade went today and what i learnt from it, i found a very good setup it followed all my plans and it looked like an A1 setup, it gave me necessary confirmations and it looked just right, so with me knowing this i entered the trade and i risked more than usual almost snout 50% with the desire to flip the account, but to my greatest surprise the trade didn't go as planed and i lost a lot, i got really angry not because i lost the trade but because of how much i risked on he trade and i now have it in mind that no matter how good the trade may look i will not risk more than my fixed percentage. i hope that this information will help traders out there as well to risk only fixed percentage and noting more than that.
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In my trading journey i have gone through alot, but i what is important is learning from my mistakes. According to the topic, its just one of the experience ive gotten as a trader and chose to share it. A situation where by the market has stoped you out up to 3 or more times it makes you loose confidence, and will develope fear in your, to the extent that when you het a new position, it follows your strategy everything clicks just right, but because of the loss of confidence you will get scared of entering and decide not to enter, and the funny thing is that most times iT goes just as predicted, that really hurts alot. But one thing you should to understand is that you dont losse every time, even if your in a loosing streak you can just take a rest, but if you stick to your strategy and apply risk management there is no need to back down from taking any trade you have to accept it if it hits stoploss or take profit, just have it on mind that you will still win some trades.
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In the last 24 hours bitcoin has lost over 7-8 percent of its value and price presently is about $110k recover from the bearish pressure which want as low as $107k, it's quite a surprising move, Although I made a post concerning an expectation of a potential liquidity sweep because of the imbalance of price below, but it ran so low and reasons may be because trump warns China of massive increase in tariffs or whale activities to take out liquidity. But this will defiantly leave investors in panic if it doesn't recover quickly.
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The global sumud flottila (a group of peaceful boats from around the world) has been intercepted by Israel military vessels, And organizers said right after the interception several boots of the floatila was disconnected, but information has been passed that the sum of 30 boats somehow are still approaching Gaza, with just few kilometers away. we wait patiently to see if the few boots that managed to pass heading towards gaza will successfully reach safely.
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As a result of limited funds the US government has shutdown so with the knowledge of this how will it affect us as Traders, first of all economic data like CPI, PPI or NFP will not be coming as usual as long as the shutdown is still in place. This will therefore make the market to be choppy at less volatile until the release of these news events, So us as Traders need to be careful and less risk until the government comes back as normal
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In January 2021 Elon Musk became the number one richest man on Earth with the net worth of $109 billion but he had a lot of competitors, likes of Bernard Arnault, Jeff Bezos and Larry Ellison But today I just discovered that Elon Musk net worth has hit $500 billion making him the number one richest man in the world 2025 $500 billion is alot of money for one man lol
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I was going trough some contents online and i saw something that caught my attention in BBC website https://bbc.com/news/articles/cy0415kk3rzo An international fraud investigation which resulted in what's believed to be the single largest cryptocurrency seizure in the world, Recovered recovered 61,000 bitcoin worth more than $6.7bn in current prices, That is a lot of money
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From an investors point of view. Do not stack all eggs in one basket, eventually I have seen many comments from members here and outside this board talking about about having Bitcoin as the only asset for investment. It got me wondering, what could possibly go wrong if after having a comfortable size of bitcoin in your wallet while diversifying into other asset outside of bitcoin and crypto in general.
Irrespective of how we trust bitcoin, i feel there are advantages that comes with diversification. Diversification is a risk management strategy. It helps reducing the risk of losing out on one investment. This means you will have more stability for holding onto your bitcoin even during potential drop in price.
What is your thought on this?
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Apparently, I've been watching a popular Canadian and American version of Shark Tank. So for those who dont know what the show is all about, let me give a brief summary.
Definition: A shark tank is a tv show where entrepreneurs pitch their business ideas or products to a panel of wealthy investors (the "sharks"). The sharks decide whether to invest their own money in exchange for equity or royalties in the entrepreneur’s company.
Coming down to our country, are there huge investors who act as "sharks" that new ideas can be pitched to? The tv shows we see more often in Nigeria are talent shows, while there are millions of individuals without ideas worth banking on.
One last question. Have any Crypto start-ups in Nigeria considered pitching their products to companies or individuals considered as 'Sharks"?
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Hello every one, I guess I'm not the only one who noticed that a place where we once know as a forum for discussing about gambling and making our selves better in gambling, Is now an advertising forum, I came looking for discussion that will enlighten me as a gambler, but to my greatest surprise I can't see non. Yes advertising is part of it but it has now overweight the true purpose if the forum. Which in my own perspective it's wrong, I think measures should be taken to minimise the rate of at which we make advertisement in the forum.
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The year is about to come to an end it has been a long one indeed. this year bitcoin hit 100k, and the coin went as far as 120,000 it is a very great achievement and it happened in 2025
It has passed through series of Breaking new highs and retracement and that is how the coin has been moving forward, bitcoin is not just a coin but also it's a lesson and it is a practical way of how life goes sometimes ups and downs, but the goal is to keep moving forward keep breaking New highs getting to places we have never gone before . But that is not the reason for for this, the main reason is that the price is on a retracement once again Right now its around 109k and it's an opportunity again for we to buy at a better price, we will expect the market to push up after this retracement. the best price to buy the coin was few weeks ago or month the next best price to buy the coin is now doing it retracement, so we all should obseve the opportunity and be a partakers of the future rewards that's bitcoin has to offer.
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Years has passed since individuals started trading the forex or crypto market. And i boldy say that the market has not been the same, normally as time passes on people understand the movements of the market but it keeps changing Feew years ago support and resistance where of high value but now they are just know as liquidity, same as for tend lines too Market changes strategies adjusts too, But in my perspective the market this 2025 seems whey more difficult than others I don't know if I'm the only one who has noticed this tho, but I try my best to adapt .
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 For the past few weeks now bitcoin has been on a bearish run which made some investors be in a state of fright, but for certain sets of investors they know its just a dip. as the saying goes buy in the dip and hold. According to analysis this time has the potential to be the best time to buy bitcoin, i mean like right now as at the time im making this post. The major question you all may ask is WHY. Now the past has been used to predict the future number of times, and it has proven to be to be a reliable source of prediction over time. Bitcoin always has a pattern of break all time high and retest, break all time high and retest, now the retest is known as the dip also and once it makes that dip it has potentials to push back up. But now the big question is when will the dip be over and the coin start to move up to break the new all time high. The answer is now! this is because over time bitcoin has a high level of respect for Fibonacci retracement tool, at a the level 0.5 and 0.618 level and this has been proven not only on bitcoin but also on other coin market, so this might finally be the end of the dip leading to a bull run, and if it breaks this fib retracement levels there is a high probability that bitcoin will go below $50k, but nevertheless i do believe that this might be the end of the dip and also the best time for investment.
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This article by the BBC dissects the mathematics used to calculate Trump’s “reciprocal tariffs” revealed during his Liberation Day announcement. The administration said it was based off multiple factors such as existing tariffs, trade barriers, and monetary policy. However, it appears the administration used a much simpler method: The value of exports divided by the value of imports divided by 2. So tariffs appear to be based only on the United States’ trade deficit. If the U.S. had a trade surplus, such as with the United Kingdom, then a base tariff of 10% was applied. Okay, to be honest I usually try to be academic and dispassionate in my personal response, but this is just plain stupid. Tariffs, if used properly, could help grow American manufacturing but again to be blunt, this ain’t it. I’ve never fully bought in that Trump is evil, but I do believe he is an egomaniacal moron. There’s even indications that his cabinet lies to him regularly because any modicum of bad news will get you shut out. But I’m getting sidetracked. In general, what are your thoughts? Can we expect to see a roll-back on these tariffs? What may the next few months look like? Main source of information is here: How were Donald Trump’s tariffs calculated?
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In trading i do think that every other successful factors fall under emotions, weather its discipline, greed, fear or what so ever, as long as trading is concerned your emotions is like a steering wheel, if your emotion is not in place you cannot be discipline, you will also develop a sense of greed. Dont forget as humans our whole body's reaction works due to our emotions, so what ever it is if your emotions has been put in place i believe every other aspect of trading psychology has also been put in place, whether it be discipline, greed, revenge trading or whatsoever emotion covers them all. So as traders we all have to put in more effort in our emotions and every other thing follows as long as you have your profitable strategy already put in place, and you will see how good you will possibly be.
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