Zverev v Berrettini under way now with the Italian leading 2 sets to 0. A bit of a surprise isn't it? I didn't bet on this match because it looked anybody's match to me. Too risky to bet.  The first set was easy for Berrettini. The second and the third set was hard fought by him though. Did not think that this match was going to end like this. Certainly did not think that Zverev is not going to get even one set. If anyone told me that the match is going to be played like this and ended like this before the match started I wouldn’t have trusted that at all. Quite surprising, I have to agree with you on that one. |
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How do you know then which of the altcoins has real potential and that's why investing in altcoins is very risky because we don't know which one will make it. Not all altcoins rise with Bitcoin when it rises, some also falls as traders dump them to buy Bitcoin. If you're unfortunate and buys those that'll be getting dumped like the memecoins, you'll lose. We don't have to limit our investment but when investing in altcoins we have to be extra cautious.
It's better you avoid investing in altcoins totally because they can make you to lose money more than making you money, altcoins rise fast and give huge returns than Bitcoin but they also dump faster because many of the altcoins are just used for pump and dumps by whales.
Therefore, altcoins can be used for trading, perhaps even short-term and sometimes medium-term, for long-term investments, I would not buy altcoins, as it seems to me too risky. But for short term trading altcoins seem to be not a bad option, I follow a few of them and see that there are those who are more volatile than others, this seems like a good chance for me to trade, but I am a long term investor, I buy bitcoin and do not trade yet, I just watch and study trading when I have time for it. Being stubborn and loyal to bitcoin is not always good for us, as our goal is to make bigger profits in this market. Investing in altcoins is really risky, and only a few of them are worth the investment, but that shouldn't be a barrier to fearing them. Remember, there is no success without trade-offs, and in the past, when bitcoin didn't have any value, many people took risks for the huge rewards it is today. If altcoins are so risky, why don't we take advantage of them for short-term trading and speculation? As long as we always have the right plan for our portfolio, there is nothing to fear, bitcoin for long term and altcoins, shitcoin for short term investments. |
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I've seen over one dozen websites believing that BTC will skyrocket in the upcoming years.
The platform I use is Coinbase.
I'm thinking of just buying BTC-USD and just leaving it be.
Any thoughts on this strategy?
The strategy you are thinking of is not bad, in fact, in my opinion, it is a very good and simple plan to implement. Because basically, we as investors in bitcoin or investors in crypto, buy when the price is cheap/down and sell it at an expensive/increasing price. Basically it is like that. So if you buy bitcoin or USD and save it, it will be very potential and very good for your future. Especially to be more precise about storing bitcoin assets. because the potential for bitcoin in the future will be very large. And it is true that according to the cycle that always occurs in bitcoin, next year there will indeed be a bitcoin halving, which usually occurs once every four years. With this halving, the price of bitcoin usually always experiences a fairly high increase. So buying bitcoins now and saving them for the upcoming halving is definitely a very good idea or strategy to implement. but also usually with an increase in bitcoin it will be followed by an increase in altcoins, therefore we must be good at managing finances to get bigger profits. However, you have to be careful when choosing an altcoin to invest in, of course there are some decent altcoins to invest in, even though investing in bitcoin alone is a good choice. and of course shitcoin will move wildly, but we have to be more observant in analyzing and observant in managing finances, because it has a very big risk I agree, even though bitcoin is a good investment in the crypto market, and investing in bitcoin seems safe to us, but that doesn't mean we should miss out on bigger opportunities with altcoins. We should not deny that once the bull season arrives, many altcoins will have impressive growth and better returns than bitcoin. I don't recommend anyone invest in altcoins, but if someone is confident in themselves, they should try their luck with them. Don't be stubborn and deceive yourself that bitcoin is the best and should stay away from altcoin while all want bigger profits. |
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In my opinion, bitcoin will rise until early to mid-August (if you follow the Elliot waves). Then the distribution phase will begin and we can expect bitcoin to fall from September-October. From February 2024 we can expect the start of real growth, as the halving will happen either in March or April 2024.
I don't know the time frame bitcoin will be distributed, but in my opinion, bitcoin will be distributed between $31k and $33,000, and then there will be long term corrections until the end of the year. That is also my prediction for this short-term bull run, bitcoin will continue to rise in the coming days and potentially hit $33k before falling again. Before the 2020 halving, bitcoin also plummeted, and I still think things are repeating themselves. We should expect more of this fluctuations this period as we are coming across the halving gradually, now that we are inbetween $30,000 and $31,000 indicates that there's likely possibilities to break resistance and hit more high to about $40,000 soon while amidst this will be high volatility on both rise and fall, Which can also mean that there's much expectations that we can arrived $60,000 before the end of this year as well as part of the preparation for the next bullrun for a new all time high against next year. First, bitcoin will not rise before the halving, just as the bull season will not come immediately after the halving. Second, when everyone is expecting and expecting a rally as the halving approaches. I will be more cautious as I don't like Fomo following the crowd, and I think the market will go against the crowd's expectations, so I don't expect more at this point. $40k for this year is also an unlikely goal, let alone $60k. I'm still leaning more toward bitcoin falling as we near the end of the year than bitcoin continuing to rise. |
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If Australia gives England a target over 250 on such a great bowling surface, I feel that the English are screwed since Stokes can't save them everytime. Marsh turned out to be an amazing addition to their squad.
Wood needs to take some wickets since he is bowling really well and Australia just have 4 proper batsmen remaining. This test could end on Day-3(Moving day) itself.
Ben Stokes again saved the day for England. Otherwise, England wouldn't have been able to get a good score in the second innings. But Australia still had a good lead. Right now Australia has a lead of 142 and it is only the end of the second day. Australia has scored 116/4. I feel like Australia just needs to stay in the middle. They have to save wickets and they will have enough time to get enough runs. England is in trouble again I believe. But England will be able to still win the test match if they can get Australia all out quickly. |
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Djokovic must have thought that this night is going to be a very relaxed night for him after taking a quick 2-0 lead in sets with little to no resistance from Wawrinka, but then Wawrinka was the old Wawrinka again and gave Djokovic a hard time to take home the 3rd set as well. For a second I was hoping that this could turn into a closer game much more than anyone could anticipate. I even put €0.60 on Wawrinka when he had the lead in the tie break now  The odds were roughly 50 so why not... But it had to end as it had to end. Deserved win by Djokovic. Djokovic in the tie break was quite superior, he had the highest percentage of 65.5% among the other players. Apart from Wawrinka who is quite old he is also not that great on grass so there are not many opportunities for him to beat Djokovic on the surface who is also one of Djokovic's favorites https://www.atptour.com/en/stats/win-loss-index/career/tiebreak/all/Novak Djokovic did well in his previous matches. He was obviously the superior one. This also shows that how well he can perform under pressure. In the next match, he is going to play against Hurkacz. He should be able to win that match as well. Zverev vs Berrettini, both players have the same weapon, namely serve and after taking a break in several tournaments due to injury Berrettini will again try to repeat his best performance two years ago by becoming a finalist, this match is very likely to be a match that lasts 5 sets.
Zverev is ahead compared to his opponent when it comes to head to head comparison. 4-1 in favour of Zverev. Berrettini is better compared to Zverev when it comes to serving though. Let's see how they can perform on grass. I will still say that Zverev is going to be the winner of this match. |
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for 2024.
Jan 70k new high
This sounds very daring. Are we going to break ATH before halving? Just thinking about it makes me feel irrational. We can say that US interest levels of less than 5% will not be achieved until May/2024, and then it may be the beginning of real rise in the price of bitcoin, meaning that in May we may be somewhere between 45k to 52k, and by the end of 2024 we may be able to old ATH above 70k. I can't imagine seeing Bitcoin price above $150,000 in the next 5 years.  Bitcoin hitting $70k or creating a new ATH this year is really unlikely, even if we rely on history, or the world economic situation doesn't support that. But why can't bitcoin hit $150k or more in the next 5 years? I even think it will happen right in the upcoming bull season. In my opinion, the upcoming bull cycle will be full of surprises because it will likely coincide with the recovery of the world economy. That would create a powerful catalyst for bitcoin to skyrocket and the market to explode. |
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In my opinion, bitcoin will rise until early to mid-August (if you follow the Elliot waves). Then the distribution phase will begin and we can expect bitcoin to fall from September-October. From February 2024 we can expect the start of real growth, as the halving will happen either in March or April 2024.
I don't know the time frame bitcoin will be distributed, but in my opinion, bitcoin will be distributed between $31k and $33,000, and then there will be long term corrections until the end of the year. That is also my prediction for this short-term bull run, bitcoin will continue to rise in the coming days and potentially hit $33k before falling again. Before the 2020 halving, bitcoin also plummeted, and I still think things are repeating themselves. |
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If btc is legally accepted in all countries then huge number of investors will increase. and the use of btc in various fields will increase.
what is your opinion about this?
Bitcoin will be legalized in all countries is something that will happen, but I think we have a long way to go, and once its demand increases, then Bitcoin price will definitely increase. But if you are talking about the goal of $100k per bitcoin, you don't need to wait until bitcoin is legalized worldwide. Many predictors believe bitcoin will hit $100k in the next bull season, and just history repeating that target is too easy for bitcoin, you don't have to wait too long. |
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Could this be the resurrection of Hazard's career??
I doubt because he is old already and the strength is reduced, he wasted the peak of his career in Real Madrid. But then, seeing him in a new club, especially where Messi is will have rejuvenate his career a bit if only the media can hype him that much.
In Maimi, I am sure Eden will see playing time and that is what is needed to pick form.
Did he achieve something with Belgium? Did helped the team advancing to final stages of Qatar World Cup or Nations League? Hazard is hyped a lot like England is doing with Maguire, almost describing him as the best defender while he is doing silly mistakes that barely no one is doing it in a professional game. Hazard isn't doing the same as Maguire obviously but he dropped a lot since joining Real Madrid and I doubt he will shine again. I describe him as Bale, the second. Belgium didn't play or rely on Harzard during the world cup that ended. Even the whole Belgium team was not the Belgium we used to know. KDB also mentioned it that Belgium needs younger people to play, that their team is a way old. That being said, you are good to relate Harzard to Bale but it would be very unfair to compare him to Maguire who obviously has nothing to offer but is being held high by the English media. It's simple if he wants to get money he should go to the leagues like Saudi or MLS. And if he still wants to play competitive football he should go to some other clubs which will probably not going to be able to afford the money that he is going to want. So he will have to take a cut in salary. He is already 32 and after such a bad period of his career, I don't think any actual good European club is going to be interested in him. So it would be better for him if he tries to get as much money as he can with whatever time he has left to play in his career. After all, he did when a lot of things with Real Madrid even without playing xD |
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I'm not sure that a change of coach will have any effect on PSG. Every year they top the domestic league and that's understandable because they have no serious competition and have a stellar squad of players. But in the Champions League they constantly fail. I can't speculate what might be wrong with the club, but it seems to me that the coach doesn't play a major role in this situation.
For me, it is only in situations where the club doesn't have good players that the coach can be exempted of the blame for the failure of a club. A club like PSG should be doing better than they're doing. And I'm not even talking about their performance in the champions league, their performance in the league is not also convincing. PSG won the league with only a couple of points last season. If Lens had half the resources PSG have, Lens would have most likely won the league. That tells a lot about the coach. I know that PSG as a club make very wrong decisions in terms of signings but with he players they have hey should be doing way better than they are doing. There is no doubt that with the players PSG had available they should have done a lot better. And it is simply coming down to people not understanding what the problem is if it is not the manager. The problem is certainly not in the squad, right? Because all the players have proved themselves. And it is easy to come to the conclusion that the fault is of the manager because the squad was not balanced at all. And at the same time, I think all the decisions that were made by the manager were influenced by some other people. Anyway, it doesn’t change the fact that they should have done a lot better. But I think changing the coach can actually be good for them. |
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Australia leading 2-0 in the 5-match Ashes series between England and Australia, lost the toss and went into bat in the third Test. Four wickets fell while the team scored 85 runs. David Warner returned to the dugout after a four-run lead from Stuart Broad caught by Zak Crawley. Later Usman Khawaja, Labuschange, Steven Smith could not help much. Later Travis Head and Mitchell Marsh led the team. Mitchell Marsh brought up his third Test century of his career and the duo put on a 155-run partnership. Mitchell March returned to the dressing room with 118 with seventeen fours and four sixes while Travies Head was dismissed for 39 at the other end. After the fifth wicket partnership broke for 240 runs, only 23 runs later, Australia was bundled out for 263 runs in Australia's first innings. Meanwhile, Mark Wood was called up to the team in the third Test, but he did not make it to the team in the first two Tests. Also chris woakes got three wickets and stuart broad two wickets. Also all the wickets of the team were taken by the fast bowlers. Meanwhile, England went into bat in the third session for 68 runs for 3 wickets in exchange of joe root and jonny Bairstow for the fourth wicket partnership to finish the first day's first innings unbeaten.
England have got a good start to this match to be honest. If you see it currently all that England has to do is stay on the pitch for tomorrow full day and score Atleast a 100 run lead over Australia, this will automatically ease their chances of winning this match. Looking at the pitch obviously it's not that easy to bat full day tomorrow but I think it's bare minimum they will have to do to win th the match. Things are not looking good for England as well. England has actually found it to be very hard to score as well. They have only scored 68 so far and they have also lost three wickets. That is not ideal for them. It will be great for them if they are actually able to get any kind of lead. Because I can only imagine how the next day first session is going to be. If England actually wants to get a lead, that will have to survive the first 5 to 10 overs of the first session of the next day. And the way this track is behaving, good luck with that. I am not saying it's impossible. But for England to get a lead, Joe Root will have to stay there and preferably score at least a century. And he will also need some help from the other teammates. |
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We all know that PSG does not want him to leave. At the same time Mbappé also certainly does not want to stay. This has created a weird situation. PSG is offering him a huge amount of money to stay in the club. Mbappé does not want to stay, but we also know that Mbappé does like money a lot. And so he is still not being able to decide what to do.
In my opinion, this should not be a very hard decision. If he goes to somewhere like Real Madrid or a better club he is going to play well and that is eventually going to make his value skyrocket. And that means in the future, he will be able to earn more money compared to what he is getting in PSG now. But for some reason, he cannot decide what to do.
Kylian Mbappe is keeping his ultimate decision under wraps because he has yet to make a decision. PSG president Nasser Al-Khelaifi stated this week that the club has presented several flexible alternatives for Mbappe, giving him a minimum of 14 days to extend his contract with the club or they will eventually trigger his sell bid to the market. Nasser Al-Khelaifi does not want to lose Kylian Mbappe to the market as a free agent; it would be a huge loss for them, and it is a chance they are unwilling to accept; they would rather make enormous returns from Mbappe's deal. All of a sudden PSG is showing urgency to do something about Mbappé. Probably because they have realized that they are not in the authority of the situation anymore. They will have to do something fast forward. They are certainly going to lose Mbappé as a free agent. Mbappé is the one who has the ball in his court right now. Things are going to go as he wants. Or at least that’s what it seems right now. But I think Mbappé should not actually cause any problems for PSG. After all, PSG has given him a huge amount of money so far. Mbappé should agree that he wants to be transferred this season. Not agreeing to the new contract being presented by PSG and also not showing any interest to be transferred this season is probably not going to be the best decision for PSG. But for Mbappé I don’t think it is going to matter too much. |
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Mbappe's future, for now, is unclear because PSG management has put him in a tight corner. In a few days, more news will keep developing about interest from more clubs. I just read that Liverpool has table €200m for the French superstar. Mbappe will be cheaper next season, but the competition to get him will be high. Many clubs will be bidding for his signature next season because of his quality and free-agent status.
Jonathan David might be a good substitute but Mbappe will bring more quality in the pitch and more money outside the pitch. Jonathan has scored 24 goals in 37 matches but Mbappe has more commercial value than the Haiti-Canadian striker. Clubs will attract more investors and sell more jerseys if Mbappe joins any team and they might also have the uncommon privilege of having a future Ballon door winner.
this must be the reason why mbappe wants to leave I notice that in PSG not many are happy, even Messi doesn't seem very happy to me money doesn't buy happiness, and I think they realized that too also standing still shortens your career We all know that PSG does not want him to leave. At the same time Mbappé also certainly does not want to stay. This has created a weird situation. PSG is offering him a huge amount of money to stay in the club. Mbappé does not want to stay, but we also know that Mbappé does like money a lot. And so he is still not being able to decide what to do. In my opinion, this should not be a very hard decision. If he goes to somewhere like Real Madrid or a better club he is going to play well and that is eventually going to make his value skyrocket. And that means in the future, he will be able to earn more money compared to what he is getting in PSG now. But for some reason, he cannot decide what to do. |
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Yeah finally Manchester United got their first player this season somehow Mason Mount seems to be a special player for Manchester United, not only Erik Ten Hag even Manchester United management agreed to give number 7 to Mason Mount and in addition, the contract agreement will run for 5 seasons. I didn't say this was excessive but I wondered what made them very sure, do they think that Chelsea failed to increase the potential of this player and Erik Ten Hag who is able to do it?
We know Mason Mount is brought to increase their midfield which last season was not optimal it's just that I am worried that their expectations are too high, after all we have to wait for its performance in the first season there is no point in criticizing before seeing its performance, I hope he deserves to use a jersey number 7. Mason Mount is the right signing to help improve Manchester United's form next season. I expect Ten Hag to really be able to make a good impact to re-open the title opportunity for Manchester United, but I know he needs support and time. So far I am happy with the work he has done for Manchester United. The team has changed a lot to a better level, but it's clear that Ten Hag needs a lot of financial support to build a team that can compete with other contestants. It's not easy to compete with Manchester City, Arsenal and several others when Ten Hag doesn't get the proper support. Well I won't be so sure about mason reaching up the shoes of that number 7 Jersey given to him but like everyone else I would like to be optimistic about his role to improve the midfield performance for Manchester united. Ten Haag has really improve this team and signing Mount to the squad is another move to add up strength in the midfield but I just hope that Mason Mount will live up to the expectations by the coach and fans of the club. We have seen this happen before. A player comes into the team with really high expectations, but in the end, he is not able to deliver. And I really hope that the same is not going to happen with Mason Mount. He seems to be a good player. And if the same thing happens with Mason Mount as well, I will have to say that Manchester United is just cursed. Or all the things that Cristiano Ronaldo said on the Piers Morgan show were actually true, which it is to some extent. Anyway, I think Manchester United is improving right now and they should be able to perform well with Mason Mount in the team. Giving the number seven shirt to Mason. Mount is certainly a sign of respect, and I hope Mason Mount will be able to deliver. |
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I agree with your comments here. There is one important criticism I would like to add. Defending power lies behind Manchester City's success against PSG. Mbappe Messi and Neymar played together in this team and it's a very good offensive line. but I don't think PSG's defense is good even though they have a good offensive line. If you notice, the whole team is always trying to defend in important matches. Because the players who need to defend can't defend enough. Offensive players can't do exactly what they're supposed to do because they're helping the defense. This is PSG's biggest problem when playing with a major opponent.
Well, ideally how Galtier implement the system. not only once or twice he changed the system, but he always changed it in every match. that means, Galtier does not have a grip that is a mainstay. before we correct how PSG's defensive line is, we must see how consistent their midfielders are. In fact, I don't see that there are top players in the midfield position, especially defensive midfielders, or can we say players who become pivots. besides that, PSG doesn't have players to help their front line. that is to say, a more creative attacking midfielder. that's why, I say that this team is not balanced. PSG can't only rely on MNM to play up front, but the team should be overall equal. thus, it is certain that PSG will be stronger and they should be able to move at least to the quarter-finals. unfortunately, Galtier and PSG were not able to go that far. now that PSG is under the tutelage of Luis Enrique, obviously I am very curious about what he will do with his new squad, which newcomers Enrique will bring in this summer's transfer window. that's why it's very important to know PSG's strength map, in the 2023/2024 season. For City, Pep put the ideal players in their respective positions, in fact, he dared to use the 3-2-4-1 pattern. there are 3 central players in the defense, two pivots and four players who provide services to Haaland as a goal scorer. the difference in this system, is very obvious with PSG. in fact, Galtier was unable to maximize his squad. well, very reasonable, if City is still the favorite team for next season. Guardiola believes in a balanced team, and he gives a lot of importance to the midfield area of a team. Midfield is the heart of the team. Without proper supply from the midfield, the attacking line is going to have a hard time scoring. But PSG did not realize that. They thought having a great attacking lineup is going to be everything for the team. Almost all of the goals that were scored by PSG had to be built up from the midfield. And the buildup had to be done by the editors almost half of the time. That was obviously not ideal for the team. Dst was also not able to maximize the performance of the players. Which obviously Manchester City did very well. |
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They should build a squad from scratch, but I would go so far as to say that they are not left with a different choice because what can they even do about what's happening right now? So many players noticed that this is going nowhere and the project failed for now. They will have to invest a lot of money to build an equal squad in terms of strength and to also stay in the global lime light. With those superstars leaving PSG is also losing some of its glamorous appearance.
Big names have weakened clubs, and I'm sure the board is unaware of this. The primary objective I would advise for the new coach, Luis Enrique, is to ensure that he begins outstanding players, players who are willing to play not for the money, but for the chance to make a name for themselves. The club is currently in disarray, and PSG president, Nasser Al-Khelaifi is doing everything in his influence to keep things from blowing out of equilibrium. They made a lot of blunders by bringing in big names, they're more concerned with winning the UEFA Champions League but may be rated out of luck, they're growing more inferior to average clubs, and they're incompetent in elite competitions. I don't know what PSG's problem is, but their all-star squad has been awful this season... They had the most expensive players among other European clubs, but PSG couldn't do anything in the Champions League, as usual, and almost missed out on first place in Ligue 1... I think the world of big football does not have players who will play for results not for money... And if there are such players, they will only play for money in the future anyway... I think it is a classic example of not giving the players enough motivation. In real life, money is the biggest motivation for everyone. And they are giving free money to the players. Sometimes they are also giving the players free authority, I am talking about Mbappé. Anyway, the problem is first of all they did not have a good coach who can push the players or even have authority over the players. Secondly, they did bring in world-class players in the team. But they did not make a balanced squad. The defense was not strong. The midfield was also not the best. So obviously the supply from the midfield was not good for the attackers. |
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Arsenal had failed to maintain their consistency due to injuries and most likely fatigue too as the same players were the ones playing all the time. But I don’t really get what you meant by Arsenal not having a winning mentality. I think they’ve got a winning mentality and that’s why they had been leading the league table for a while.
They had been winning their games and gathered some good points to be a bit ahead. That’s a winning mentality in my book. They had suffered some set back and lost points which led to Manchester City who was hot at their heels overtake them and finally win the league. Manchester City no doubt has a winning mentality and is a superb team.
Injuries have a way of tipping the balance of the team because they will undoubtedly affect some crucial positions, which will change the way the team is structured. Additionally, because Arsenal lacked a winning mentality, their performance plummeted when they were expected to accumulate more points, which is when they started losing. I pray Arsenal performs better since they have tested glory they will want to do better next season. @Iroh, A mistake can happen once. But when the same mistake happens the next season, I think there are some problems. If I remember correctly the same thing happened with Arsenal in the season before this one as well. So we cannot say that Aslam just was not ready for this. Arsenal had to be ready for this because this had happened before. I simply think that Arsenal took it a little too easy when they had a good lead in terms of points. And I think that simply came back to haunt them. They should remember that when you have Manchester City as your opponent you cannot relax. Arsenal is spending well in recent times. But they are not going to be able to win the English Premier League title if they are not consistent throughout the season. |
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In my opinion, for those who already know how to place buy and sell orders, stop loss, etc., basic trading steps, there is no need to use a demo account. Remember that emotions will largely determine our outcome in trading, so I would bet anyone, just because they are confident in demo trading, doesn't mean they will stay mentally and emotionally that when using a real account. Even if they consider themselves experts when using a demo account, they will still be newbies if they switch to a real account. Because between losing real money and fake money will lead to different feelings and thoughts, which in turn lead to different decisions.
If a newbie wants to start trading, use a real account with a minimum amount for the best real experience instead of living in a simulator.
Yes, that's right, I really agree with you. A demo account is important but only for those who are very beginners who don't know anything about the world of trading and how to do it, therefore the company provides an opportunity for them to learn everything on a demo account. If basically someone already knows about the main points in the world of trading I think they really should jump into a real account, because it's useless if they continue to stay on a demo account they won't get real experience. A demo account and a real account will indeed be very different, but what makes it different is a person's point of view when starting trading, which requires sufficient mental and psychology when they want to start on a real account. In contrast to the demo account, in every trade on the demo account they don't really need to be mental because this is only a training account where they will not lose if they lose. Even many people support and encourage newbies to use the demo account to learn technical analysis and use it for a long time. That will really lead to a bad outcome as it will create a bad habit for a trader. To be honest, I fell into that bad situation when trading forex, I started with a demo account, and after months of practice, I gained knowledge and achieved good results. But when I started using my real account with my real money, it was almost impossible for me to apply what I did with the demo account because my emotions changed. I am completely lost and disoriented, it can be said that I am still a newbie when I started using a real account. |
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I do not want to comment much on the similarity between cryptocurrency trading and forex trading because many people have already said something about this topic.
I want to come in about the differences between the above-mentioned two.
I am writing this based on experience because I came from the forex trading background and I lost so much in forex trading including using a fake bot that was meant to return huge profits on a daily and weekly basis.
The only reason I abandoned forex trading totally for cryptocurrency trading is that when you trade in cryptocurrency good pair of known currencies, even if you eventually run into losses, you could be patient for weeks months, and even for years and that particular coin may return again to make a new all-time high. By then you will run back into massive profit. This cannot be said in forex trading, whereby if the market is against you, you can count it to be for ever. That is the reason I prefer crypto trading to foreign trading.
That can be another difference between cryptocurrency trading and forex trading. But from what you said, I guess you are not a day trader because day traders always use stoploss for any trade. Not using stop loss will cause them to bury their capital and become reluctant long-term holders, and that's what they don't like. For me, neither is better than the other, we simply choose which one we feel is the best fit. Both are used to make a profit, as long as they can be profitable, both are good. |
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