This is very possible because bitcoin is showing that sign already. It will look as if it is going up already but dip down more than the last price it dipped down to. I was surprised that bitcoin dipped down below $61000 just not quite long ago as I saw it increasing yesterday before I slept. $60000 may be the next resistant and if broken, further downturn is possible.

He do not want to lose then why did he gamble? Or let me say he do not want to lose 30% of the $190, then why did he gamble with the 30%. 30% of $190 is $57. He could have just gambled with $133 or lesser than that. If he won his friend, what tendency that he will even give the $10 back? No tendency. I will prefer not to gamble with a friend but if I did, I will not give him even 1 cent back.

With what I noticed, I can see friends and families arguing about football even if they are in the same club or different clubs but I can not seen how it led to division among friends and family. They know it is just ball but it is part of humans to argue but not in a way that will lead to fighting. Even if it led to fighting, it is as a result of the approach used and which can happen not just because of football but because of behavior and manner of approach. But we should know that family is family and blood is thicker than water while also friends are friends and such fight will still be forgotten.

He did not tell us if he is a core glmaber but he said he staked on his club because they argue who is going to be a winner. Also know that the 5000 may not be $5000 but in local currency that may not have high price like the United States dollar. He can just use the amount of money that he can afford to lose to gamble and which will make him not to be an amateur gambler. Any match can be won. The professional gamblers will go for the best team to win and yet even lose in some matches.

Copy trading has been on Binance before last year but it was first provided by a third part called TradingWagon or so. It is true that Binance own copy trading started last year but people have be doing copy trading with third party on Binance before then.

Derivative trading is not available in US. But maybe some exchanges have spot copy trading now. Also that US has its own exchanges. Exchanges copy trading that is common are for derivatives which is not on US exchanges.

Why not move this thread to speculation? This does not belong to bitcoin discussion because we only want to speculate on bitcoin price and nothing more than that.

I can see that you have 12 merits.

Why not use this forum time? It is better and not confusing. It is the time that exchanges are also using which is UTC.

We are in a bear market for now but everything will later become good. Bitcoin rose in price significantly and it price is still very high. I buy low and I am not ready to sell for now but I am expecting more bear market which will give more opportunities to buy more at lower price. 2024 and 2025 will be a very good year and we should expect the price of bitcoin to still increase.

Exchanges like Binance and Bybit has copy trading. It is better you learn how to trade.

Use the money that you can afford to lose to trade.

You can find trading guide with videos included on exchanges like Binance.

Trading is very risky.

Do not be greedy.

See it as gambling but it is different from gambling.

If he is not in charge of funds, I have not problem with him. If he is in charge of funds, my mind will not be at rest. I will only make sure I do my work very well like making sure I know everything that is going on in my organization. In this era of online gambling, you can not know who is gambling and who is not gambling but just make sure you protect your company by knowing what workers are doing and making sure  that they do their job correctly.

Some people do not know they can learn it and know it is the reason they look for someone to teach them. While doing that, some will be scammed. I learn trading myself and it is not hard. The hard thing about trading is to be using it to make money and that is what those tutors are not teaching.

This is not wrong. Some people will think they can be a better trader but later realizing that it is easy to learn but difficult it is to make money. It takes years to become a good trader.

Nobody wants to fail. But if someone fails, the person is advised that without failure, there may not be success and which is true. Some people fail to later become successful. People learn from failure.

Some people were successful in life without failing. But in trading, beginners traders are prone to losses. They learn but some will continue to lose as they continue to trade. Some will know better but still continue to fail. Trading is not for everyone.

Yes but sometimes it is wise to quit. Someone that has been trading for 2 or 3 to 5 years and still losing, the person should stop trading. Holding can be better but it needs patience.

The most reason traders are losing is because of greed. They will make profit but still keep the position opens but later the market might go another direction and they may lose. The second thing is that they can be using high leverage which will be resulting to liquidation. But a trader needs good strategies to make profit than loss while patience and low leverage are important. Also not to be trading shit coins is important.

It is an addiction. You are also losing which is another sign that it is an addiction. If you have stopped this habit, it will be good. If you do not stop, it may later has side effect on your health and which you will not like. I have this habit before but I have also stopped since few years ago. If you do not have time to gamble, do not gamble. If you want to gamble, gamble with little amount of money.

This should be on another thread and it supposed to be created on meta because it is about the forum. Just in case of next time. Before you can be able to upload image, you have to be at least a junior member and you will need 1 merit and activity of 30 to become a junior member. But you can post the link instead as it is explained above by logfiles.

Let us say you have $100
You go 10x, that is $1000 that you used to trade
You go 15x, that is $1500 that you used to trade.

You will have more profit with 15x if the market go your direction. You will have more losses with 15x if the market does not go your direction. The liquidation of your fund is higher to occur if you use 15x. Although not that 10x is not risky because it is also very risky.

Both are higher leverage and thus may always lead to liquidation.

People trade bitcoin than shit coins but why bitcoin is less volatile than shit coins? More people trade gold but gold is less volatile than bitcoin? More traders does not mean but the marketcap is what that is very important. The lower the marketcap of a coin, the higher the volatility. Not about the higher the number of traders.

In short, it is scalping from definition but in a way that a bot or something is used to make the trades. I guess some traders are using it. I do not know about this kind of trading until today. But I will prefer to just scalp manual setting the take profit without any automatic buy and sell order or opening and closing position. If any exchange has any bot of this type, I will like to use it but I do not think any exchange will want to have a bot like this.

Let me make it simple. Bitcoin is not going to $40000 ever again, not to talk of going to $30000. If there will be further dip, bitcoin is not going below $50000 and that is why some analysts said it might dip to $46000. With what I think, bitcoin is not going as low as that ever again. I believe more in the upward direction than downward direction. All that I know is that bitcoin will get to $100000 and this time is just for little retracement.

You can have work and be a trader. You can open a position in the morning and later check after work in the evening. If a trader is not working, he can prefer to check the market price of the coin he used to open a position, checking the price often but that is not good as it demand energy than traders will think until they notice that it is exhausting them. A trader can be the CEO or manager of a company. A trader can be anyone  and he or she may have work. Depending only on trading is even not advisable.

Some people will not see what is right all because they are old fashion people. Even when bitcoin was low in price, there were many critics including Warren Buffett and Peter sheriff and many of them, but bitcoin has let us know that these people are only just not knowing what is right about bitcoin. Probably they do not want to invest because they have other means of income but that does not mean that they are not all wrong. All I know is that bitcoin is a store of value.