Thank you opening post for reminding me about things that can cause us to lose money when trading. I think all the points mentioned in the opening post all traders know about it, because it is basic knowledge. But the problem is we all often forget it or even underestimate it. As I experienced in 2017/2018, I don't use stop-loss when investing in Bitcoin and altcoins, even though I know the importance of the stop-loss feature.
Because I was too confident at that time when the crypto price would continue to rise, and in the end, you can guess that I suffered a big loss. Moreover, the current bull run is very risky for a dump to occur. So please don't forget all the things that were mentioned in the opening post, especially for the stop-loss feature, we must always use it to protect our money.
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It is only natural that in March 2020 people would not be interested in buying Bitcoin when it was priced at $ 3800. Since the situation at that time the pandemic had begun to spread, then there is a lot of bad news circulating and it causes people to be more careful when making decisions. So most people are looking to be safe by not buying Bitcoin first, and it turns out that Bitcoin keeps going up until now. So it takes confidence in Bitcoin, that Bitcoin has a bright future. So don't hesitate to buy Bitcoin if the Bitcoin price dumps again.
It turns out that in November 2020 there was a lot of good news related to Bitcoin with many companies investing in Bitcoin. Plus the Bitcoin price movement continues to increase, it is very natural for people to want to buy Bitcoin even though the price is $ 16 500. Moreover, the performance of other assets is not as good as Bitcoin and the government continues to print money, so many people are afraid to keep their wealth in the bank. So seeing Bitcoin whose price is skyrocketing, many people without a doubt buy Bitcoin. Make the events of 2020 a lesson, if the price of Bitcoin dumps don't ever hesitate to buy it. Because Bitcoin is proven to recover several times quickly.
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~snip~
That attracts many people to try to use gambling as a place to work to make money. They forgot that many things that they should have or learn before they can be a professional gambler. They attract because they see a professional gambler can make a lot of money from gambling. If people know how hard to struggle to become a professional gambler, I do not think that they will still try to be a pro gambler. I agree that many people forget to become professional gamblers is not easy, many things must be sacrificed. Most people are just inspired by the few people who beat the casinos. Like Don Johnson, MIT Blackjack Team and Richard Marcus. Even though people who manage to beat the casino need a lot of practice, and sometimes get into legal trouble for committing fraud. Since winning in the long run is impossible, so some professional gamblers need to cheat a little. My advice is not to make gambling a profession, but make gambling as entertainment.
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I believe Amepay projects are good, because a few months ago I saw Amepay make a promotion in the service section with payment BTC. It is rare for projects that dare to do this, meaning that the Amepay team is serious about their goal of wanting the projects to be big. So seeing Amepay finally raised 84.6 million didn't surprise me, it was their way of making sure their projects were a success. Although I agree, it is not certain that the fund raised guarantee will not fail Amepay's projects, but at least there is an effort from their team to make Amepay projects successful.
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The COVID-19 pandemic that is making economic crises in all countries of the world makes me more aware of the way my finances are organized. The first lesson I will apply in 2021 is to buy less luxury goods and stop buying things we don't need. after that I will increase the percentage of my salary for investing in Bitcoin. Because with Bitcoin managed to rise past the price of $ 30,000, it makes me even more optimistic that investing in Bitcoin can make me a rich person. Those are the steps that I have started to carry out in early 2021. Hopefully my finances can be much better than in 2020.
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To be honest, I would be happy when I finally saw Bitcoin make it to the new ATH, but if it continues in the near future happening new ATH makes me a little scared. Because the Bitcoin price has gone up too high and this is out of control, it can eventually fall at any time. Therefore we must be able to act wisely by taking take profit decisions if we have already made a profit, do not be greedy for a much bigger profit.
Unless we really want a long-term investment, no problem HODL Bitcoin and buy on regularly. Even though the Bitcoin price is too high, because long-term investment will ultimately provide profit too in the end.
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WTF I can't believe it, Liverpool lost and Manchester is now 1st and they can go +3. Who would have thought at the start of the season a thing like this?
WHOA.
Not only you surprised by Liverpool's defeat, I am sure that no one would expect Southampton to win the match. Indeed, this season the Premier League has too many surprises, therefore my betting results have failed a lot. It is true that Manchester United has left one game, if they succeed in winning, they can rise to the top position. Or it could be Manchester City, which has two matches left to be the top position if it manages to win two matches, and if Manchester United fail to get 3 points. It's very interesting competition this season in the Premier League.
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I also feel stressed and sad about this high gas fee Ethereum, why Ethereum developers don't solve this problem quickly. If this is the case, many people will look for other alternatives, such as TRX and Binance platforms that send tokens faster and cheaper. Especially now that the price of Ethereum continues to rise, I believe that in the near future Ethereum will return to its all time high price. And I can't imagine that the gas fee will go up again. I am quite annoyed with the problem of ETH gas fee, which has not had a solution for a long time.
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Now Bitcoin dominance is down to 68% and Bitcoin price is correcting to $ 30,000. Meanwhile, the price of Ethereum has gone up to $ 1000 and I am sure that in a few weeks Ethereum will return to the ATH price of $ 1400. With these data, it shows that exchanging BTC to ETH is necessary now, if you want to get profit from ETH. But that doesn't mean all the BTC we have will convert to ETH, because I believe Bitcoin can still go up again. Therefore, we still have to store Bitcoin, so convert about 30% of our BTC into ETH.
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After successfully breaking the price $ 34,000 now Bitcoin has finally corrected to a price of $ 29,000. This is a very natural thing to happen, because some Bitcoin holders do take profit. But I find the support price at $ 29,000 very strong, so there is a big possibility that the price will go up again and the possibility to go up higher than the price of $ 34,000. Because if the Bitcoin price rises without correction, in my opinion, it is not healthy, and there can be a very deep dump. But if there is a small correction like now, it would be very good to make the price go much higher.
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I don't think that there would ever be such service it is like convincing people to be a gambler without a fear of losing. If they couldn't control their own bets then they should stop gambling or they would justbe destroyed due to addiction.
I also doubt that insurance companies would offer such insurance for gamblers. However, I think that might be lucrative business for them. But in many countries gambling is on a black list of socialy undesirable activities and existence of such insurance might further encourage gambling so I don't think it's realistic to expect that something like this appears in the market. It is true that very many countries prohibit gambling and blacklist all gambling-related companies. This applies in my country, for this reason maybe insurance companies don't want to take risks by engaging in gambling activities. I believe that all insurance companies want to be accepted in all countries, therefore they must maintain their image by not getting involved with gambling.
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Don't waste your time looking for Satoshi's identity or where he is, because many people have tried and failed. My advice is just focus on Bitcoin, because knowing Satoshi's existence won't give you any benefit. But if we focus on Bitcoin we can make a lot of money, especially since the price of Bitcoin is currently in a bullish trend. So taking your time to analyze Bitcoin movements is much more useful.
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There are many joys and sorrows of being bounties hunters. But actually a lot of grief is experienced by bounties hunters, because most bounty hunters are not paid according to what they have done. But we must not give up on being bounty hunters, because my principle is that as long as we try to give our best then luck will eventually come to us.
So whatever the obstacles faced by bounty hunters so far, just face it, because surely hard work will give good results. Although I also don't know when bounty hunters will be able to get the big pay back like in 2017/2018, but I believe history will repeat itself and one day bounty hunters will get paid big again. The key is to be patient.
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I think Bitcoin volatility will remain and will not disappear, even Gold and fiat will experience less volatility. Because Bitcoin volatility is high enough, it attracts the attention of many investors. For smart people, they can definitely take advantage of Bitcoin volatility to generate profits. So there is no need to be afraid of Bitcoin volatility, if we can use it, it will provide many benefits for us. In fact, the first time I became interested in Bitcoin trading because of the volatile Bitcoin price.
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I am not so panicked about this news, because right now I don't HODL privacy coins and also rarely use privacy coins for transactions. And also this news will not have any effect on the Bitcoin price, because from the start all altcoins that are affected by Bitcoin price movements are not the opposite. Besides, I expected that sooner or later privacy coins would be delisted from several centralized exchanges, because the government really doesn't like the existence of privacy coins that can be used for illegal activities.
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One team that has managed to surprise me upon seeing that league table is Manchester United. Mehn, being at the second place after several bad starts and bottom table spots is really a big deal though, the EPL this season is about staying consistent and that's what Chelsea is very much lacking. Chelsea really played a bad game today. They might have managed a die minutes both team score but, on a general note, they had a bad play and deserved to loose. How can you allow a team like Manchester city to score an early go and even a second one... It's just not the way to contest with top teams.
I agree with you that Manchester United's performance this season is indeed surprising, even though the start of the season has been bad but it's slowly starting show improvement. This cannot be separated from the contribution of Bruno Fernandes, I see Manchester United are very lucky to get this player. Because most of the goals created by Manchester United came from Fernandes' contributions. I'm sure this season Manchester United will are in the top 4. For the Chelsea vs Manchester City match, I am very disappointed with Chelsea's performance so far. Imagine in the first half immediately conceding 3 goals. It's clear that Manchester City already kill the game, I am confused by Lampard's tactics when dealing with an offensive team like Manchester City by playing open. Of course, with the quality of City players who are very good, given the open space will create goals. If this season Chelsea failed to enter the top 4, better that Lampard was fired as coach. Because this season Lampard brought in as many players as he wanted, but couldn't deliver the good game.
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Of course I hope there will be an altcoin rally like the one in 2017, when the Bitcoin pump finally the altcoins pump too. It seems like history will repeat itself this year, because if we pay attention slowly, some altcoins have started to follow the increase in the price of Bitcoin. Like Ethereum, Litecoin and Dogecoin. The three altcoins began to continue to increase in price following the increase in the price of Bitcoin.
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For me, I can still trade short-term in a bullish situation like now, if we pay attention to Bitcoin and altcoins even though the price continues to rise. But still every day moving up and down, from these price movements we can get a profit even though it is small. For example, I buy when Bitcoin drops to $ 33,100 and I will sell when Bitcoin goes up to $ 33,500. Do this over and over again so you can make a sizable profit.
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Bitcoin's performance is amazing, no wonder many investors are willing to buy Bitcoin at high prices. But my advice is not to buy Bitcoin now, because the price is too high. There is a very risk of dumping, better to wait for the correction to occur. For a while your capital can be stored first in the stable coins, so it is not affected by volatile markets. If the Bitcoin price corrects to $ 20,000 price I recommend buying it.
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Leipzig played a too dominant game against Stuttgart yesterday and won the match 1-0. Stuttgart got just only 1 shot on target whole match and I can say that they wouldn't have deserved if they would get one point here. Forsberg missed a penalty but Olmo scored in the 67th minute.
It is deserved to win Leipzig against Stuttgart, statistically Leipzig's is very dominant. Unfortunately Gregor Kobel played very well as a Stuttgart goalkeeper by making 7 saves. If not Stuttgart has conceded more than one goal, the win against Stuttgart means Leipzig are currently top of the table. But Bayern have not played against Mainz, if Bayern turns out to be a draw it will be very interesting. Because Leipzig and Bayern's points will be the same.
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