the current economic level is the benchmark of prosperity, from personal to state. i think all the disciplines of science will lead to the economy
Absolutely everything leads to economy but that does not mean everyone must have to study economics all in the name of trying to do well economically. If that is the case, we may all just end up stuck with only economics with other sector being denied. Economics works with every sector and understanding it basically comes with some experience and some overall knowledge gained gradually in real life situations and that alone is enough for anyone who is intelligent to understand all that is needed to know while leaving the professional aspect of it to those who are deep in it and studied it as a course. |
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How many times have you not found yourself facing simply losses and that you still pin hope on success?
Countless times when I'm totally one of the most addicted gambling person in our family. Losing isn't even a thing to stop to look for better results and success in gambling. But time passes by, realizing on how much I'm losing, time, effort, money and almost every time it made up my mind. I found success in gambling before or it should be a temporal success which those times are giving me some happiness and a couple of amount to spend with for my wants. Usually for most addicts, every success in gambling is always a temporary one anyway since they will still end up gambling it all away. The thing here is that the success you get from gambling is not guaranteed and only when you know it is by a huge luck you could even get that before you can appreciate what you have gotten and silently walk away with it. For someone who is so much concentrated on winning than losing, and kept pushing, they always lose everything as they push their luck further and when they even win big, they still push it further thinking of winning more out of greed until they lose everything over again. |
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nobody wants to lose but since we gamble there are two things happen, to lose or to win and sometimes we cannot do anything or even control if we will have a bad cards and it leads us to frustrations. Me if ever I had a bad bet I really cannot control my self to talk bad words while I am playing or eating to release some stress.
The bad thing is to even be feeling so comfortable with gambling thinking it is the way to go when it comes to making profit. It worries me a lot when I see people that reason this way because they just keep setting themselves on a very terrible path while they end up losing so much at the end of the day. Most people who are susceptible to long losing streaks are those who are so comfortable with a strategy until it hits them hard and then disallow them to have control over those impulses to want to keep trying. Losing streaks are just an alarm to stop for the day or even for life. But most of the gamblers never bother those alarms and keep gambling until life itself became a threat. |
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now there are many tools for investment is to expand the horizons. here you have a few people will help you need to develop your own strategy
Yeah, the idea of diversifying is to at least spread the risk, but when it comes to long term hold, I want to believe bitcoin sure do have a lot of great potential when compared to most altcoins. Just very few altcoins anyway do have a good community and less volatility as most of them are pretty much like a pump and dump based on how bitcoin movement is perceived. Until the whole market of altcoin can stand on its own, I guess one will just have to time which market to be in based on the way bitcoin moves. many people are her suggesting to go for altcoin investments but personally I do prefer just holding my bitcoins as it give me enough returns for years of holding and more importantly with great peace of mind too. |
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help me friends, please give your best answer.
When it comes to investment bro, you are your only friend and trying to seek others opinion to me is not really the right way to go. Even if you are not sure of where to be investing, at least use coinmarketcap to limit your search, do your research on some of the coins and tokens in the top 100 and give it a go. That is all I can tell you as a friend if you care to listen. Try taking a look at some latest launched ICOs with good team, project and product as they are trading below ICO prices, and that will give you some pretty good gain once the market recovers. Remember, when you are losing money, no one here will be there to give you what you have lost, so you really want to do your own due diligence before investing in anything. This is actually one of the best advice I am seeing here so far. Investment decision should be made by oneself and moves like this can get anyone confused. The market is huge so it is always not a bad idea to at least be picky in one's investment and rely wholly on one's decision based on what one can find out from the prospect of the project. I will add to it that, at least, checking the team, the real reviews on the coin or token and most especially on the available product is what can help one to make good decision. |
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I don't really think that the world cup has something to do with the rise and fall of any cryptocurrencies such as ETH and Bitcoin. No link or activities connected between them absolutely.
There is no need to even think. It does not have anything to do with whatever anyone might be thinking with respect to the crypto space. I guess some people just always like justifying B.S while looking for reasons to why a market is rising and dropping at every time even though they know how ridiculous their reasons sound, they still say or ask anyway. There is nothing that links these two and when bitcoin and eth are both ready to make some move, we surely will know but not because of world cup ending. |
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I agree with the most of replies here. The most effective way to become a good and ultimately professional trader is experience. And it means that not all the time you are on the positive side and gaining profit. It also includes losing at some point but that is where effective learning takes place. So take all the patience and practice and you are good to go.
Yeah, experience is one thing that we cannot rule out from any form of professionalism and the thing with trading is that you are just never going to stop learning no matter how professional you think you are as there are always new things to learn every single day. Nevertheless with patience, more learning and studying, making of mistakes and learning from it, you are definitely going to keep being better at becoming a professional until you can gladly say to yourself over the years that you have learned more than enough. |
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Emotions are hard to battle with when you see you are losing money. There are books about this which is mainly for foreign exchanges traders but have not read any for crypto traders. One thing that I always remind myself when losing money due to small investments that I did is that, I am an early investor in crypto, in time this investment of mine will grow and it don't matter when.
Emotions are not hard to battle if you are confident in your decisions and accepting that you cannot be right all the time as the market can move as it pleases. All the above, with good knowledge and experience, it is something that can be discarded. Making decisions in the market out of emotion will never lead anywhere but mistakes, but making decisions based on knowledge of what you are trading and what to expect from your analysis and plotting out your strategies, will always give you that confidence and most of the time, you will be right and better than when you let emotion come to play. |
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Pundi X is a good project from indonesia.
$0.5 that's possible, just wait and see.
That is actually a huge possibility and I do not see how it would not eventually. It is a great project, a very well-coordinated community and the chances of growing hugely in the long run. This is one project that has really been showing great sign of development and improvement, so one thing I am more eagerly trying to do now is to find a good moment to set into its market. Anyone who wants to drop what they have now is okay to do so, and I am so going to be loading up. That drop is huge and that would sure give it a chance to even do better when it recovers. |
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Does anyone here use prediction markets? Or have experience building one? Augur has gone down hill, so I set one up myself: NINJALink: https://ninja.org/There is no accurate prediction in the market, the prices is depending on supply and demand so we can always expect for the price to have drastic changes in the market, volatility is the reason why cryptocurrency is very profitable. There can never be with how volatile this market can be. One way you may think you have actually gotten lucky to see the market hit the rock bottom and then the other; you are seeing it go down the more. Prediction is not something that works pretty well in any market since no one can see the future anyway, but when it comes to trend following, I believe that works better than anything and you may not be buying at the best price, or selling at the best price, but at least you are still making some good decisions in the market and profiting most of the time. |
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Are you now starting to doubt those predictions who are saying that bitcoin will reach $30,000 by the end of the year? There's more to come for this year and we're just half of it and we are starting to get into 3rd quarter and if there will be no action seen on that quarter, there is still the last hope which is the last quarter for this year. We are in part of the history where bitcoin has fall that much and if you do believe those predictions, there's nothing wrong with it as I do believe about $25,000-$30,000 by the end.
Anyone with common sense would think that Bitcoin won't even surpass 15k$ this year.Indeed;in my opinion Bitcoin will end this year playing between 5000$ and 10000$.Simply because who the heck would like to push the price now.Investors are demotivated (From 20k to 6k it's really scary),Bitcoin has to rebuild trust among it's supporters and ofcourse it will take time. Like the old times, bitcoin has been unpredictable. I push my hopes with that high price but I know on what are the possibilities about it. As I've said, there's nothing wrong to believe such high's except those high's like $1,000,000 in three years which is basically unbelievable. Crypto market hasn't been spread 100% all over the world and we don't know who else can push the price up now, it can be us, elites, government regulations, adoptions, who knows? Yeah, there is nothing wrong in being optimistic but if we are to be realistic, a very high value is not something anyone should be expecting at least not this year. It would be a huge miracle if we blow past the previous ATH at the end of this year let alone hit a new ATH. Before we can start thinking of new ATH, we best should be considering next year/ upper as that still sound more feasible. I know the market is unpredictable, but obviously this is going to be a bear year. |
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Investing on crypto is not just putting your money and it will automatic grow in the market. It has involve a lot of effort, determined to earn in crypto industry. You have to search all throughout the best profit since this is very risks thing to do.
Yes I agree with you. I'm not expert in this industry but my advice is do not be scared to take a risk. Do your bedt and be wise. You should have also enough information about crypto. And lastly, always monitor you account frequently. Having enough information and understanding of the crypto space is actually the best and easiest way to stay smart and make good decisions in the cryptocurrency space. Most people do not understand that there is no way you can do well in any decision making when you are not informed, as that information you have is what will assist you in taking the right step most of the time, which is one of the reasons why some who got the wrong information thinking cryptocurrency is more like a get rich quick scheme without doing more research on what the space entirely is like are the ones that panic so easily. |
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The market has bottomed and this is how proper trend reversals look like, but Tone Vays, trader with a big following, claimed $4900 as the best case scenario for a bottom.
I predict that he will start FUDding as much as he can to not be wrong. He was wrong at $7500 being the bottom for 2017 (we know it was $20k) and he will be wrong with the 2018 bottom again, even if he did a decent job at predicting a bear market longer than a lot of other people were claiming.
He is always going to be wrong. Some of these guys that keep saying baseless bullshit and trying to look for probabilities of things happening so as to tell you they told you so. No one can predict anything at this stage, and I believe the market may still have more to come in terms of bottom. One thing for sure is that however the market is going to end up playing out, only time and trend will show us. Even if we get to see any little uptrend now, we are still going to be forming a lower low and a lower high until we see otherwise. |
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I believe we are witnessing capitulation and the bears have the control now, and it might be followed by another long movement of nothing for two years until the next halving. Kwukduck might be right in his $3,500 target to buy back after all. Hahaha.
Why do bears always lower prices? Everything has limits. It seems to me that the decline in prices to 5900 dollars is a temporary phenomenon. Bears test their strength and calculate the economic effect of further price reduction. In the end, the death of bitcoin is not beneficial to anyone. Bears want to give the steering wheel to the bulls but they don't want to take it and it can be a problem for everyone. Because bears care less what you think or how anyone wants to perceive the market in the long term. Their mission is to shake out enough weak hands, make enough from it and then rinse and repeat the process. This will not be bitcoin's death since the value upward was obviously a FOMO issue and it was not as a result of real demand, at the end when the market recovers and set new ATH, all these would only end up becoming another history. $5000 is my bet in the short term towards the end of June with some little recovery at the beginning of next month before continuing lower. |
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I think you didn't sold any bitcoins because you dont have at all lol only fools can sell their coins in this market situation there is no profit at all to sell OP make a thread and convince us to dump bitcoins so that he can buy much lower.
If there is absolutely anyone selling now at the bottom, when there could be a reversal possibility, then such a person is indeed a big fool. Yeah, the market may go down a lot lower than it is, but it would not just happen immediately as I expect to still see some little move to the upper side before even testing the lower possibilities. Moreover, it is a lot of risk selling right now, when there is even some form of divergence which could cause some short term reversal to the up side and I sure hope the OP knows what he is doing as it looks from here that he does not. |
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spending a small fortune, and hoping to earn a lot of money. that's the gamblers' main mindset, they hope to bring in a little capital and get a lot of wins. but sometimes lose is also unavoidable.
Well, in a way, that can actually work as long as you are not going above your small fortune and you are still able to control yourself. I do not gamble much but I spend so little weekly playing lottery and that is as little as something I would not even blink an eye about if I lose. I let this mentality kick in with the hope that one day even with this little, who knows, I may actually win something and even if I do not, it is the way things are and nothing actually changes. I agree with you on your few points, as we know that you need a mindset to play well and to encourage yourself. Positive mindset comes after a win or you have experience in a game that makes you stronger than other opponents. Negative mindset comes when you lose or see someone losing. But all these things are the part of game if we lose we feel sad and if we win then we are happy. If you really want to play gambling in your experienced game then you are welcome and have to forget bout nervousness. Well, they may be part of the game but really, the thing about the game itself is that you are not meant to keep winning and most of the time; the idea is for any gambler to lose except you are very lucky and relying on the luck 100% can be very impactfull that too negatively. It is not like having positive mindset is a bad idea, but letting that overwhelm you without having a limit at all is where the problem starts. Best to have a positive mindset and at the same time stay realistic than to just set up your mind to wanting to win totally. |
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A little google search can save you from scam betting sites. If you come across a cryptocurrency betting website and you want to know about the reputation of that website, try finding its thread in bitcointalk forum. See if the thread is active and if the old members are rating it well. That is when you know the difference.
But you must be careful, because many people who provide false information, because it could be the owner of the website scam (fraud) or cooperate with the website of the fraudsters. Why would someone be careful in spotting scam gambling site? I will agree here with avikz, everything we need to do is a little search about casino reputation, ans the best place for that search is here in their official thread where anyone can check their team, talk with them and to check what others wrote about that casino. Why would we bother in spotting scam casino sites, why to do that when we can gamble in reputable casinos, there are so many of them? Any way there is a member here game-protect, anyone can ask him about scam gambling sites, seems like he knows a lot about it. It is more like some people are generally just lazy to make use of the available resources for the digital age through the search engines, or they just simply see search engines as decorations. There is absolutely no way a platform would have been running, scammed others and there would be no traces of people's review online, but instead, we just still see some people falling for it. You guys have said it all; researching before making use of any platform is the best way to go about being careful. |
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I see what are you trying to say, but that doesn't really apply to all.
You don't need to quit yourself. Maybe you are playing just for fun but still addicted to it?
That you just change with a small "change".
It's really easy to type that it's just a small change and anyone can easily get rid of addiction but the reality is you keep on gambling regardless of fun or for profit and slowly you start becoming financially unstable and after a while you lose it all Even though someone play for fun and with small amount of money but small thing can change everything. Mood can not be stable from time to time. So, no matter how much money a person spend on gambling, the chance to get addicted is there. You got it right, that the chance to get addicted is always there especially if we still got money in our pocket. Our emotions of excitement and feel of revenge due to losing streak will be the factor to fall into a bad position. This is why it is hard to quit in gambling due to it is very addictive and also enjoyable. It is always going to be there are gambling itself actually have a way of trying to play with one's head into doing things wrong most of the time. The emotion is normal and it is left for each individual to at least find every means to make sure they are in control rather than being controlled. That level of addiction as time goes on is what makes it hard for some people to quit but as long as anyone is ready to understand that it is gambling and nothing serious should be expected, they will be able to occupy their minds with other things that are relevant. |
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Hey everyone. Do any of you professional traders out there have advice on the best situations to use stop-loss in a trade? It would be much appreciated.
ricseb
If you want to stop loss on trading then just hold your coins for today and wait for the price in the market to pump up again, in this way you will avoid losing more of your coins since the market prices are still dumping. That is not stop loss, which is just simply HODL. Stop loss is a different ball game entirely for traders. As an investor, you are simply looking at the long term prospect and care less about the current fluctuation but as a trader, you are taking advantage of the fluctuation which makes such a person totally in need of stop loss most of the time. Believing analysis 100% of the time for a trader is not the right thing to do, which is why it is necessary to always use a break in support most of the time as a stop loss as market can still reverse downward even when there is a change in trend signal to the upper side. |
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I am also a novice, but I have a few ideas, do not dare to call it advice but I suggest the following: do not rush in this market, be patient, and must know how to analyze a project or one dime . So you have the opportunity to get rich from the cryptographic market.
The mentality of getting rich quick is what has made the whole investment space what it is today. Even outside cryptocurrency, we get to see people hearing there is money to gain in something and then they forget all about the possibilities of the risks involved, how to get them-selves prepared for such risk and how to make great decisions. Applying that into the crypto world is also one of the reasons we keep seeing people fail in their investment till date. One thing is very important that never invest in ICOs and try to invest in coins that are listed in exchange, so that you will be mentally relaxed with your investment.
I guess this must be a very important one for novice traders. But we cannot say never touch ICOs. Because there are promising ICOs and their returns also decent. But ICOs fall into investment category whereas we are talking about trading here. |
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