Latest posts of: Assface16678

Quote from: Taskford on December 06, 2023, 11:48:59 PM

Quote from: robelneo on December 06, 2023, 04:21:34 PM

While strolling in a park I bumped into an old friend with whom I had a conversation about online gambling we had a long conversation some three weeks ago, actually the original topic was about Bitcoin but for some reason I mentioned online gambling using Bitcoin, and that what opened about a lengthy conversation about online gambling using Cryptocurrency.

I didn't know that he signed up for one popular casino that I mentioned he started to play there and had huge success using one of the oldest but ineffective methods which is Martingale, I was just surprised that he had a successful run using a variation of martingale on Dice even mentioning of doubling or tripling his bankroll.
He is about to deposit a huge amount of money next week because the holiday is very near and he just wants to explore his so-called new-found method, which is not new to us.

We all know Martingale will not work in the long run, should I let him find out himself but that will incur a heavy loss in this case. Cry

Or should I discourage him by showing him videos, articles, and testimonials?

Because of this, I will not talk about online gambling to newbie I could put a guy in big trouble.

Don't try to stop him on what he do since if he is a close minded individual for sure he will not appreciate your advice but instead he feel bad about it and think about you are stopping him to earn a lot of money or worse he will just think about you are just jealous because he know something while you don't know anything.

So try to stay at current rate and just let him what he want to do then once he lost then try to give your words about the mistakes he do since for sure by that time he would provably listen since experience is best teacher and he would provably consider that huge lose and take your words seriously.

Exactly, because a gamblers that is in the momentum of winning cannot be stopped, imagine saying it directly to him and he is in the momentum of winning, I don't think he will be happy with it, because as long as it benefits him he will not stop that so called "Martingale" method he is using, and as long as he is winning I don't think think that you should stop him, let him learn his own lesson, if you are really concern then let him realize the cause of what is doing, your role only is to give advise if the method he is using fails and cost him too much, and I don't think he will listen to you right away, I'm sure he will keep on playing in the same way until he don't realise that he lose all he has. So you are just there to guide and advise, but you never have the responsibility to stop him; it's his only life. Let him know the bitter end if it comes.

Quote from: puradak on December 06, 2023, 10:57:36 AM

I'm a 19-year-old boy living in South Korea and now btt, doge, shiba inu, etc.. have skyrocketed in just a few hours on our country exchange 'upbit'. A little fomo is coming. I can't believe it's gone up more than a months I've invested in bitcoin. I personally don't want to invest in other coins, as I think bitcoin is superior.
What kind of mindset should I have to stay in Bitcoin? And I think Bitcoin is about to hit the highest price ever, so how should I plan my dca strategy?

I don't think it's too late for you to invest in bitcoin. You don't have to own a lot of bitcoin or satoshi to earn; you just have to watch out when you are going to do your DCA and analyse the market first. Because bitcoin is volatile, the opportunity is always there. If you can analyse and execute, then you know when to buy satoshi for your DCA. In fact, bitcoin is the safest coin if you know how to analyse the market, unlike altcoins and shitcoins, which tend to fail. You don't have to be afraid and push yourself to invest if you are unsure. Take your time; bitcoin investment is always there to be invested, so it will never be too late. I started late in bitcoin but am still earning because it depends on how you will execute in the market; it's all about you. If you are not confident enough, then build your confidence.

Quote from: Bartello on December 06, 2023, 06:38:58 PM

Hi All,

I currently have between £300 - £400 left over each week from my salary in which i have been transferring in to a savings account with 4.75% interest, but recently i began to invest small weekly amounts into the popular alt coins (£50-£100) as i'm a fairly risk averse person by nature. I have recently sold those coins in my portfolio at break even or at best with small gains and re-invested the money into BTC & ETH.

My plan moving forward is to use £150 of the money available to me to purchase BTC & ETH every week with the long game in mind, but was looking for advice really on how i should split the money % wise between the two assets? 50 / 50?

i currently hold 0.096* ETH & 0.0057* BTC and have been seriously considering investing more but not sure if the amounts i have available make this worth while?

Well, what you are doing is not bad, and your decision is right about switching to BTC and ETH rather than altcoins, as altcoins tend to be more risky, so it is not advisable to invest all you have in altcoins only. Also, yes, you could buy a fraction of coins in BTC and ETH, but remember to not just bring them. Think about the position where you are buying. Let's say that this week you brought bitcoin at a price of $41k, then the next week you brought it again, but at a different price. You can't just buy and sell without thinking about whether this position is good to buy a certain coin; you still need to analyse first before that. Anyway, the partition should be 70/30, 70% for bitcoin and 30% for ETH. Well I like bitcoin more so its better to spend a large portion of your capital to bitcoin.

Quote from: cafter on December 06, 2023, 07:48:29 AM

Quote from: dothebeats on December 05, 2023, 10:30:36 PM

If you can't handle the heat, better get out of the kitchen and stop cooking altogether.

I like your this quote, those people are lucky who figured that out that they cannot win in gambling in their first 1 or 2 losses.
And people who are greedy or risk more in their first attempt of gambling they will chase the losses because they risked money which is important to them.
while playing sometimes we feel heat on our face this is better to get out of the session or we can lose it all.

True, many gamblers choose to add fuel to the fire until the fire becomes bigger and burns everything out of them. Sorry for the quote, but anyway, the essence is that many gamblers in real life choose to still continue on playing even if they know that they have lost a quite amount, which means they don't care; they will still keep on hoping until they get a win, either that win is not enough to cover the loss or they never win at the end of the game, and in the end they will see how deep they sank from their misery. Honesty, I don't feel sympathy for those gamblers because, why? If they choose that path or that destiny, then let them face the consequences of their own doing and their own decision. Let them reflect on what they did wrong. If you are in the right mind, then you will know when to stop as a responsible gambler.

Quote from: Ojima-ojo on November 29, 2023, 11:35:17 AM

Quote from: masulum on November 29, 2023, 11:23:25 AM

Quote from: Betwrong on November 29, 2023, 09:27:55 AM

It would be very interesting to read about it here. 100kx? With a base bet of just $0.20 that would be still a $20k win. Btw, what was your bet when you won 5,000x? Do you have a

If you look at the bonus, it does seem fun if it can be achieved, but I think it's difficult to find a gambler who can win the 100K multiplier. If there is, there could only be a 0.00001% chance (just for example).

I got Maxwin a long time ago, Its only win around $64 with USD 0.013 base bet. I also shared it in the Slots 101: Basics, Strategies, and Discussion (with poll) thread, here is the reply https://replay.pragmaticplay.net/v4Pchb7muT. You might also find another in this thread, because there are lots of maxwins or big wins to almost maxwins on Pragmatic.

I agree with you, atleast, for a fact, since my years of gambling, i have never seen or come across anyone or where it was written that someome won a 100k multiplier, this happening would be the craziest win ever in the history of gambling, and like you have said, the chances of this type of win every happening is 0.00001 percent, which if I am asked, I did say that that is as good as impossible.

For me, the highest I think I've ever won in all my years of gambling was just 250x, and this was on a lotto game though, not on slot games.

It's all about probability. I believe that when you keep on raising the multiplier, then the probability of winning is getting lower, because that's how slot machines are: the higher the leverage, the lower the chances of winning, because if not, then the casino owner will go bankrupt and its fair, 100k multiplier? I don't think anyone will give it easily as it will cost a lot of money, and I don't think I heard anyone try this and actually win as it is impossible. In slot games, my highest win is the 150x multiplier, and ever since, I haven't gone any further or tried that multiplier again, as I know the feeling of anxiety waiting for the result. and also I know that I'm not very lucky with slot machine so I don't often wins and cost me money so I limit my game especially in slot machine as it depends on the probability.

Quote from: AmoreJaz on December 05, 2023, 11:26:39 PM

Quote from: boyptc on December 05, 2023, 11:23:40 PM

Well, the thing here is just mind your own business and don't mind the others if they're investing into something else.

I know that it can be personal and you just want to help these people out with all of their decisions but nothing is going to change this time. And that's because you can't stop them from investing into altcoins.

If they don't like Bitcoin then let them do their thing alone as they invest their hard earned money on it. And what you can do now is to focus on investing in Bitcoin.

that is the good thing in this market. you can mind your own business and as the market sits, it is borderless. so no matter where you are on this earth, you are free to choose what you want to do when it comes to crypto.
also, the OP didn't mention if he is in south or north? you can't blame some people to have different approach when you say you are in the north. the first thing that we usually associate them is kim jong-un. Grin

Of course common sense he is in South Korea. Anyway, you are right, even though he has a concern about his fellow Koreans investing more in altcoins, he can't stop them as they have the freedom to choose where to invest. Also, does the OP have proof that most investors in Korea spend in altcoins? I'm sure they also invest in bitcoin, as it is the most profitable coin of all. Yes, it's a bit too late, as the price of one bitcoin is too much, but you can still earn with Satoshi alone; it's still not too late. And if it's really true that most Koreans are investing in altcoins, maybe because they are scared and wary of the risk of investing in bitcoin. They think that it's too late to invest in bitcoin, which is not. There are a lot of opportunities in bitcoin. If they can't take the long-term investment in bitcoin through holding, then try trading. Bitcoin has a high volatility, so I'm sure that there are a lot of openings to earn.

Quote from: satssongbook on December 05, 2023, 06:42:41 PM

Thanks very much @kryptqnick - yeah I wrote the lyrics. If they're hard to understand "Simply Bitcoin" actually went to the trouble of transcribing them after I posted the song on twitter...

https://simplybitcoin.substack.com/p/happy-holidays-everyone

Me plus 1 other guy did the whole thing together. We've done 3 songs so far in a similar jazz songbook style. Been great fun and just trying to get as many Bitcoiners as possible to hear them.

Well, you did great on this piece; it shows off your talent, and I'm sure many people will notice your work, as many will be curious about your work because there are few people that do work like this, I mean dedicating a song and video for bitcoin. The time and effort given in this piece is meaningful, and it can be used as a form of advertisement for bitcoin to the crowd, as one of the best forms of advertisement is by song or video, but you did it both. Keep up the good work, and I hope you make more pieces like this to encourage more people with talent in the music industry to make more songs dedicated to bitcoin or crypto currency. We don't often see this kind of piece, so it's a big thing and a good thing someone has created a song and video for bitcoin.

Quote from: freedomgo on December 05, 2023, 07:06:37 AM

Quote from: ethereumhunter on December 05, 2023, 05:57:50 AM

Quote from: 2Pizza410000BTC on December 05, 2023, 01:34:29 AM

I think AI can ever predict gambling platforms. Using AI in gambling platforms is a completely wrong decision. If AI can make accurate predictions on gambling platforms, people will always use AI while gambling. Always gamble using your own experience. AI machines can always predict from human generated thoughts AI can never predict in advance.

AI can predict matches but we should not rely too much on AI to analyze a match. By having the ability to analyze matches, we can improve our analytical skills from time to time. When AI cannot be used to provide predictions, we can still analyze with our abilities. But for now, AI still needs further development so that it can really be used by gamblers well. Even though it is possible that we can currently use AI to find teams that have the potential to win a match, we should not rely too much on AI.

It would be nice if AI would explain also how he arrived with the prediction.

personally, I haven't tried to ask an AI about predicting a match, is it still chatGPT? or another AI name?
I'm a bit curious now as this has been a popular topic in the forum, and I'm not sure if there are bettors who actually benefited from the AI like their chances of winning had increase with the help of an AI.. Anyone who care to share their success story?

There are a lot of AI websites now on the internet, not just ChatGPT. You can search and you will see the list. Google has its own AI, which isbard, and there is ""also "poe." I short, many AI websites emerged after ChatGPT. As to the question of whether there are bettors that actually win or benefit from using an AI for predicting the match or the winning side, I don't hear much, as I think AI is a bit young to predict the outcome of a game, especially in a human sports match like basketball and such. I don't think AI has the capability of doing that. But we never know if AI is still developing and becoming more advanced. Maybe in the future, AI will be so advanced that it could be used to predict winnings, either in gambling or trading, but of course if that happens, then there will be no balance anymore.

Quote from: thecodebear on December 05, 2023, 11:08:03 PM

It touched $45,000.00, at least on Coinbase, today!

But don't get overly excited people! Keep control of your emotions. Good chance it drops back to around $40k at some point soon, even if to just check back in with $40k/sub-$40k one last time. It's gone up a ton recently so it'll probably cool off a dip down a bit in the near future. But if we finish the year between $40k and $45k that's a fantastic year!

True, this is not the perfect time to buy bitcoin or invest in it because, based on the analysis that I'm seeing and my own analysis, the bitcoin price will have a correction and the price might drop up to $42k to $41k, which is I think the right position to buy some bitcoin, as I also gathered that after that drawback, the bitcoin will get back again or even at a higher price. I'm excited about the upcoming event of bitcoin because, as it reaches $44k, I'm able to earn quite a huge amount, which is good.

Im amazed by the OP's prediction as it clearly shows that his prediction is right. Yes, it took a long time before it reached there, but still, his analysis is correct. Anyway, bitcoin investment or predictions take time to take effect as that is how bitcoin is. I hope the prediction of the OP about to happen in 2025 is also correct.

Quote from: Bitcoinpoly on December 05, 2023, 12:07:39 PM

4. Do not be greedy, take profit when it’s best to do that, do not hope to get the whole world at a time.

One of the most important reminder, many newbies in trading is expecting a huge profit right away, and they have mo satisfaction if they earn and wanting more resulting unwanted happening, remember profit is profit no matter what amount it is small or big, its better to earn than to lose right? So be satisfied, but if you know your trade will succeed or you are aure about your trade then go long, but if not then don't expect a huge profit as it may cost you much.

Quote from: Bitcoinpoly on December 05, 2023, 12:07:39 PM

You need to understand the learning process takes long, you have to be calm and follow through the process, if you’re too interested in the profit and not the skill or you don’t have time to do so, you can opt in for copy trading where you get to copy trade from elite traders and make profit, though copy trading is not available on all exchanges just few exchanges like Bitget has it.

Good luck newbies❤️

Although copy trading is an option there are still things need to be considered in this, one is the equity of your account if the equity of your account has a huge gap between the trader you are copying then it will also cost you as your copying might set a big margin and he do that because he has a huge equity then if that happens your equity can't take it and your equity might liquefied. Trading is a continuous learning even the expert traders often experience loss trade but they can manage as it is part of the trading, it matters on how will you manage your money and how well you can handle the setbacks.

Hmmm not feeling anything like that as I'm confident and contented on how many bitcoin I have, or sats I have, yws I don't have a whole bitcoin only a fractions because I'm still accumulating and I was using some of the fractions for trading to earn while waitinf for the good profit for my holdings, so no matter what happens even if the bitcoin goss bullrun I will still be satisfied on how much I will earn from what I have in my holdings, I don't plan on selling all the satoshi I have even if the bull run comes as i still want to invest in the long, mayne some fractions only, so yeah we have different feelings and in sight on what upcoming in bitcoin it is valid, but for me no I'm contented annd taking it easy. Some are really looking forward to the bull run, so maybe that's why there are people who have similar feelings to the OP.

Quote from: Miles2006 on December 05, 2023, 12:40:58 PM

Quote from: angrybirdy on December 05, 2023, 11:56:48 AM

Quote from: dezoel on November 28, 2023, 01:24:35 PM

Quote from: JahriMeayer on November 26, 2023, 07:34:56 PM

Haven't found much benefits of gambling in my society at all. This is kind of entertainment. Otherwise If people lost more money in casinos and gambling websites, authorities can generate more revenue and thus they could provide huge taxes to their government and make contribution to development hospital, school, Charity and etc in their country? but at the end, impact will be seen in people's daily life after losing in gambling. Those people may start suffering due to lack of money or could involving illegal activities to manage gambling fund for next day. And thus the procedure will be continued? Actually gambling is an entertainment, it is fine if it can be under control and until your society people get addicted. And i like the idea how government allow casinos for others people but not want from their citizens to get involved

I think the same way about gambling, it isn't really beneficial for society because even if it's a way of entertainment for some people, the majority takes gambling as a way of earning money and when people think of gambling that way, they tend to spend a lot of money on it with the hope of making more money with it and eventually losing it all because gambling isn't to provide every gambler with profits and make them rich but it's business for casino owners.

So, the point is, that gambling isn't important for society but it's important for governments for sure because casinos that operate within a country tend to pay a lot of taxes to the government, and tax authorities also charge taxes from people who manage to win significant amounts from gambling.

This is also what I've been thinking, It's not that important in the society but only in the government because they are the one who benefited in gambling activities because of taxes. why would I say that this is not that important in our society? because many people used to gamble and they treat it as their permanent sources of income which is not recommended because I can't see it as stable because we all know that gambling is all about luck with a mixed of some strategies, also people can have mental health issue such as obsession and addiction.

The government are the ones benefiting from it not the society, have never heard any story like this where my country governor used casino tax money to build charity homes and hospital so seeing it here sounds strange, other countries might be doing it but never heard such.
Let's not mention what the addiction of gambling has done in this modern world and they have refused to learn and change, they believe it's for their own benefit, so seeing topic like this will encourage gamble addicts to gamble more.

True, I don't know why they still justifying that gambling has a positive effect in the society, instead of positive effect lets just say that gambling or casinos has a what we called "role" in society whereas casinos yes pay taxes a huge taxes that again government will benefit, because we know that there are corrupt governments I'm not referring to all, and also casino gives jobs to the people, in short casinos playing an important role in the society but we can't consider that as positive effect or benefits for the gambler, which this encourages many will think that its okay to gamble, or already a gambler will have a mindset that he is doing gambling because it has a positive which is not good, although the casino benefits the government only, the people or gambler are not.

Quote from: synchronym on December 02, 2023, 03:41:50 PM

Quote from: heartbit.offical on September 27, 2023, 07:41:19 AM

Everyone knows that we can learn from the past to correct mistakes.
As a result, many economists attempt to predict the future through history.

We also have a known fact from the past.
The "Bitcoin halving" is correlated with price increases.

I'd like to pose a new question here.
What are your thoughts on using past charts(candlesticks) that similar current ongoing charts(candlesticks) to make price predictions?

When asked this question to many professors and investors, a common response is, "Candlesticks reflect the psychology of investors."

What are your thoughts on this matter?

There is no such technology invented in the world so far that we can know in advance what we do will be profit or loss. If there was such a technology then no one would be harmed in business and there would be 100% successful businessmen in the world. Then maybe there would be no word of poor in the world, everyone would be rich. First of all, no technology has ever been able to predict anything in the past and will never be able to in the future.

True, that's why we rely on what the OP says—candlesticks or the chart that is being mapped using technical analysis. To answer the OP's question, do I believe in technical analysis? Yes, because that is the only way of analysing the market and seeing the potential position for gaining a profit, but of course it will depend on which technical analysis you are following, either from other traders or your own technical analysis. But the thing is, there is still no technology or way of predicting the outcome of the market because if there is, then there will be no balance if all will earn, so I still hope that no one will invent it, and I do believe that it is impossible as the market itself is unpredictable and will only move by how the transaction goes every day and every second. Just remember that not all technical analyses are correct; it's still good if you know how to do them yourself.

Quote from: Strongkored on December 05, 2023, 05:54:49 AM

Quote from: Abu-Naim on December 04, 2023, 10:19:52 PM

Trading is the most difficult aspect of cryptocurrencies for me to learn. You must first understand about bitcoin and cryptocurrencies before moving on to trading and its techniques, risk management, and how to apply stop losses in trading. All of this is really difficult and will take some time before you get to know them better, and then you will have to wait patiently for a long time before you grasp everything.

It's difficult because not everyone is suited to trading and if it's possible not to trade crypto then why force it which will often only lead to losses, if only because you want to make money in the crypto world there are other ways besides trading, namely investing in Bitcoin which is much calmer compared to trading which basically looks easy to buy cheap and sell expensive but there are other things apart from that.

And those many says that trading is very hard and not profitable are the one's that just decided to do trading without a prior knowledge and skills, they even think of trading because of the hype of it especially in social media there are a lot of advertisements about trading show casing the luxury life of the so called coach to attract new traders to avail their services and because of that many people is trying bitcoin trading or crypto currency trading with little to none knowledge about it, they are the one's who always complaints and saying that trading is not profitable, but the truth is trading is a very difficult and risky aspect to earn without a proper knowledge, skill, preparation and patience. Even experienced traders don't always earn in trading; they still face losses, but they know how to manage them. Trading requires continuous learning as the market is unpredictable.

Quote from: CryptoHeadlineNews on December 03, 2023, 06:07:49 PM

Quote from: Septex on December 01, 2023, 06:26:10 AM

Having no choice, I sold my invested bitcoins to buy a laptop for my work needs, and I decided to study there as well as freelancing. However, the current bullishness of Bitcoin that I see in the market seems to indicate that Bitcoin will rise even more very soon. If I had held on to my bitcoins I might have made more profit when the bull market started. But I have no way to do this because I don't have money.

Buying that your laptop was indeed the best decision you made my friend, because inasmuch that Bitcoin is a worthy investment, when it comes to scaling our needs in order of most importance, for me, I think that laptop you bought was indeed the most important at the moment, because the Bitcoin market will always be bullish, and as such no need for regret doing the basic things you needed at the moment, because if you never bought that laptop, how would you have been able to keep studying only and doing the freelancing work you just began? So on that note, I think there is no need to regret, but to just continue accumulating as much as you can. The Bitcoin market will always be bullish as it's due time.

I agree, very well said, many people here in this topic is saying that what OP did is not a good idea or not good, yes we are there, he missed a lot of opportunity as he sell his stored bitcoin in such a price, but he didn't just sell his bitcoin for nothing, he sell it for him to buy his "essential" thing and that essential thing is very important as he said, he needed that laptop for his study and for free lancing meaning he is just think about his future and to earn more by freelancing which is a good thing, so although there is a regret because of selling the bitcoin a bit too early still he achieve one of his goal to continue studying and to earn by doing work, so you over there who blaming him or adding more regretful statement about selling the bitcoin, we all have different needs, some are not fortunate enough just to wait and wait, at least bitcoin help him continue his study.

Well, you do have a point, but thankfully you indicated in your topic the reminder about loaning without the means to pay for it before it's due. Although you win this time using the money you have loaned, it doesn't mean that this happening will also happen to others, because even if you say to follow your steps, we never know if the odds will still be in our hands. In short, maybe at that time your strategy works, but it will not happen all the time. So everyone that will read this topic, even if it's not a bad idea to loan money to be used in gambling, just make sure that you are ready for any consequences that you may face if things go wrong. Remember, gambling is a battle between win and lose, and you will be on either side; you will be on the winning side or the losing side, which we don't want to end up losing and suffering from the consequences.

Quote from: coin-investor on December 04, 2023, 03:04:00 PM

Only 4 weeks before we welcome a new year and new year for many is the best time to promise changes in their behavior, career, and habits, and many gamblers take the New Year as an opportunity to try to change something in their behavior or lifestyle and they do it through New Year resolution.

My question do you include gambling in your new resolution, and what's your New Year's resolution about gambling?

Let's talk about it.

I don't think that many gamblers with, let's say, addiction to gambling will follow even if they have new year's resolutions about stopping their addiction or lessening their gambling habit. I don't believe much in new year's resolutions, or, let's say, I don't believe in those who set new year's resolutions, as I know they end up not doing it. Anyway, it's still good to have a mindset in that field about gambling, about stopping or lessening the gambling habit or lessening the expenses that go to gambling. There's a saying that it's better to have a start than to none.

In my new year's resolution, I aim to gain more money and profit, not in gambling but in something else still related to crypto currency, let's say investing and trading something like that, and I can't do that if I don't build my growth, so it's included in my resolution to have more growth in terms of this field.

Quote from: Xampeuu on December 04, 2023, 03:32:14 AM

Quote from: aylabadia05 on December 03, 2023, 03:43:22 PM

I have tried trading like this in the type of Altcoin Top 100, as I recall to Polygon (MATIC). Only a profit of around 2%, meaning that the profits obtained are not large in short trade carried out several hours or daily trading.
Because the time available for daily trading is not much, I don't do it anymore. Trading activities that are no longer interested in me. There is money, my focus on Bitcoin investment.

Short-term trading cannot maximize profits, but from small profits it is done repeatedly, so that in one month you get a large profit. If you only do it 20 working days a month, you will get a profit of 40%, but that's mathematical, but for people who don't have free time, short-term trading doesn't feel optimal, and it's better to invest in Bitcoin which has minimal risk so you can left with other activities

But the thing is, not all have the luxury of waiting long. Yes, bitcoin trading must be done long-term to maximise the profit and, of course, to gain a lot, but while waiting for the profit, people still have needs, so if they want to, they could do short-term investment or trading, not just in bitcoin but in altcoins and memecoins. Altcoins are the perfect crypto coins subject to short-term trading so that you could earn depends on how a trader executes his trade, but avoid memcoins. Even though it is also profitable by doing short-term trade, memcoins are subject to scams or are a very risky and dangerous form of crypto currency as they tend to go to zero value in a blink of an eye. So better stay out of it. I do long-term trading on some coins, including, of course, bitcoin, but I also do short-term trading or scalping so I can make some profit while waiting for a huge profit.

Quote from: AbuBhakar on December 04, 2023, 06:10:59 PM

Quote from: Junoto on December 04, 2023, 03:31:44 AM

I have seen many cases of fraudulent projects on this forum https://bitcointalk.org/index.php?board=83.0
What I want to ask you is how many times have you been caught in a scam project?
And what factors deceived you?
Please share your experience with me so that I can be careful in the world of cryptocurrency.
Thanks.

Many times before but due to my participation on bounty campaigns which I failed to cash out my tokens before the project turns to scam because I have high hope that it will be successful.

But for a scam project that I purchased, I guess I have one time when I purchase LUNA the moment it initially dump the price from 100$ to 5$. I thought it will still recover until my 4K$ turns to penny when LUNA price goes beyond zero and airdrop to a much worst LUNC token.

Well, that's unfortunate. I guess many of us here experience something similar to yours: getting scammed by a project, and it can be seen in the situation here. Anyway, now that you've experienced it, I'm sure you know how to avoid it if you find another project. It's safer to join a project with many participants or a trusted project, like those projects or, let's say, signature campaigns that do a lot of rounds of projects. Honestly, I still don't encounter being scammed because before they do, I know that they are not trustworthy, and before I join, I conduct research and background checks on the project because I don't like wasting my time and effort on something that doesn't benefit me. So even though there are sections here in bitcointalk that flagged those scams, there are still many users here being scammed, and not just here in this forum. I'm sure many are being scammed outside of this forum, and in relation to crypto currency, as many have malicious intents, take the opportunity, so it will depend on how secured and careful we are.

Well, although there's nothing wrong with setting a buy limit setup, I think you're exaggerating too much. I don't think $20000 is nearly impossible for bitcoin to go down anyway; it's your own trading strategy, but why don't you set a buy limit on small margins? Because what you've provided has a big gap or margin with the current price of bitcoin now at $42k, you could simply put a buy limit at $41k or between $42k, which is the current price, and $40k. It's sure that you will soon have a live trade or buy limit being active, because if you wait based on the range you've given, it will take some time, and you will also miss the opportunity now. Anyway, this is just a mere advise; it's still your own decision on how you execute your trade. As long as you are earning, then it's fine.