Emotions are always having a vital role in trading and this time you are again bring a known point from the basics but may be with new kind of fancy terms. Usually people do say all these like money attracts money but in depth we can interpret that like 'success attracts success'.  A success definitely will motivate you which again may bring you profits but only when you are not deviating from your plans.

What usually traders do commit after a profitable trade is, get over-motivated and turn as a greedy trader. There is a thin line between being motivated and over-ambitious. Only by experience, you can stick with your plans after a profitable trade. Market scenarios are continuously evolving in-which being motivated beyond a level will collapse everything. This is why trading many times looks like exact gambling.

Due to multiple reasons, the value of bitcoin is always bullish hence if you are a long term holder then you never bother about any bearish trend of bitcoin markets. Just imagine if you have bought bitcoins by the times of 2016 when bitcoin was trading below $1000, then you are already in profits for at least 10 folds; and might be keeping your imaginary stop-loss around 2x or 5x from your buying prices then you will stay calm and might be focusing arranging more funds to make use of a 'perfect' bottom.

Not just with bitcoin or cryptocurrencies in general, I do notice that all long term holders of other investment like stock or gold or realestate also enjoying massive profits in long run. But, unfortunately people here do mistake the term long term with months of holding or 1 or 2 years of holding but we need to remember that bitcoin's cycle is 4 years long hence your long term plans must be based on how many bitcoin cycles that you are going to cover.

Unfortunate that crypto is so attractive to so many scammers, I feel like there is a  whole bunch of them all got together to disturb what we have.

We have something so good here, and I feel like it is the best way to overcome all the problems we face financially, something that we can rebel against the governments which destroy our wealth, and give more of it to already wealthy people, crypto is a perfect way to fight against that. But instead, we turn into a scam pool where people keep scamming each other and unfortunately that causes both a lot of drop in price, but also there are a lot of trust lost in crypto because of all of this as well.

Doesn't really make sense to keep it listed to be fair. Why keep something that is bankrupted listed there, and obviously when something gets delisted from all these exchanges, there is NEVER  a way for it to come back. If you really have any wish or hope for it to ever come back, please stop it, if you keep on investing on it or even hold it, that’s going to just hurt your income and profits, you are going to lose more and more.

If anyone who reads this message still has even a cent of FTX, just sell it, sell it right now and get out because it’s going to hurt you. Only hold it if you accept that it will go to zero, and you don't care, which is weird but that’s the truth.

I really really want to see Vetten winning this race but that would be as near impossible as it gets. It would be like farewell to Kobe where he scored 60 points on his last game and got the win, Vettel winning this race would be epic for him. I know that he is retired now and this is his last race but I really hope to see him racing again with a great car.

Something like putting him on Red Bull again, both because he has won so much there already, but also he could have both helped Max to win more titles, but also could teach him how to be even better could have been awesome. The retirement is something I am having hard time accepting, I am hoping he would come back one way or another.

The difference between knowing bitcoin price will be high and buying right now and knowing bitcoin price will be high and buying when it is 5k is a lot. Even if we assume it is 15k right now (it's more) there is 3 times difference.

So let's assume you bought 1 bitcoin at 15k, and sold it at 100k that is an 85k profit, but if you buy 3 bitcoins at 5k each, that is still 15k spent, but when it's 100k that would be 300k, that means 285k profit. That is the difference, so people waiting for it to drop even more do not make a mistake, only a mistake if it doesn't drop. I believe it won't drop, that's why I buy now, but if it does, then they were right for waiting for it to go down.

Is it too much to ask both parties to not show neither Biden nor Trump as candidate. The worst thing that has ever happened in history of American democracy was the fact that "there are just two parties" ended up with giving us Biden or Trump choice, and they are the two people who got the most votes ever in history of elections, why? Were they simply that good? No, the other one was so bad that everyone voted for someone they disliked, because there was someone even more hated, 10x more hated, on the other side for both parties.

I am not saying go pick the greatest human or something, at this point any ex president looks better than these two, just pick someone else for either. About gambling part, Biden would win, not because Biden is great, he sucks, he is not even sane anymore, he is demanted, way too old, not a brain functioning properly, but imagine how terrible Trump is that people prefer Biden over him.

Basically, not all of the news are true, some of them are made up so that people could get attention. If I wrote a story about how SBF just used all of the money on buying some island and had a deal with Panama and now he will live like ruler of that island with his friends and do whatever he want there and nobody will care as long as he pays money to Panama government, that would get some readers, it's easy, it’s a fake story I just made up, but it will get readers.

That’s why people do it, they want to get attention, either to turn that attention into money, or they want to make sure that they get attention just because they need it personally since they cannot get it anywhere else.

I honestly do not believe this. Bahamas government wouldn't need to do something shady like this, they could ask people to invest their money there with low tax rate anyway, to get attention from USA in a bad manner would mean some coup could be on the way very quickly, we all know how USA loves to do coups and this would be a great reason for them, war hawks would be in love with the idea too.

I am 100% sure that Bahamas would rather keep away from this, offer low tax rate, and get money that way, and would just live a comfortable life. Why not take just 1% of hundreds of billions of dollars from the wealthy Americans and live a king’s life that way without any problems at all.

Realizing that there are a lot of exchanges that take your money, and let you "trade" while they keep your money in their safe, and you do not have to do that at all, do not have to let them have your money, would be the first step. Binance and all other places take your money, and then they tell you that it would be smarter if you could end up with just trading there without withdrawing.

Because, if ALL people withdraw ALL of their money, all exchanges would fall. This is why DeFi was such a huge deal, because if you put it in your own wallet, and trade via some DEX that would mean that your money is at all times in your wallet, and never given to anyone else.

I do not really understand what happened, I mean I get it, it’s said that there was some hack or something but come on, it can't be hacked for 7 billion dollars, there is something bigger going on in here.

For an exchange, people deposit their money into the exchange, you just hold it, and the more they trade the more of their deposit they give to you as profit, from the trading fee. That means even if there was a hacking, it can't be that big, how would people withdraw it from your accounts, and even if they do, at some point you will stop them or move the money out. So, it doesn't make sense on HOW they lost this much money, they must have done something stupid for sure.

Lots of people have super high hopes about bitcoin and that’s a good thing but we can't fathom the thought that maybe for another year we could stay like this? I am not saying we will, but there is no way we could say it's impossible neither, it could still happen.

We should just focus on the fact that it is a risky move and we shouldn't invest just because we want to profit in the next 3 months, if the price doesn't go up in the next 3 months but does go up a year later, that should be fine for us too, invest according to that. I have been investing in a way that could be fine if the price doesn't go up from another few years, and then goes up, because I don't need the money right now.

I do agree that people should be looking for their own ways of making money, otherwise they are going to be pretty upset about it in the long run. I know that it is not going to be too easy, but it is going to be not that hard neither if you just focus on finding what works for you. Not a lot of people do that, they just look what others think, and whatever is the most commonly way to approach the market, they take that road and I feel like that is not really that easy.

I personally believe the best we could do would be finding all the ways we could invest, and try to see which one would be the best for our own personality, that way we would be investing a lot better.

I do agree that they are trying to do some stuff which would be very difficult to be accepted in other nations, but it is going to hurt them so much when the time comes. Sure, go ahead and invest into another nation, roads, airports, whatever you want, but the moment they want to nationalize it, they are not going to be able to do anything about it, what could they do, open a war?

They can try to find a way to sue that nation, but if the whole world turned against China like how they did to Russia, then nobody would care. Technology, construction, farming, it doesn't matter what China could offer to the world, it all depends on one wrong move and the whole world will stop caring about what’s right, and only attack China.

Celebs trying to make some money out of crypto without really spending anything but their time is never really good for us. They just want our money, do not bring that much money into the market from outside, and they just use their face and take your money and that’s it.

This is not a good thing for any of us, he is just trying to make money from his fame and NFT is another way of doing that, consider it the same as his shampoo commercials and nothing else because that’s the reality right now, he is only doing it because of money. NFT or binance or crypto or anything like that doesn't even matter to him, as long as he gets paid from this in the end when it’s over.

Axie will never recover if you ask me and I have my reasons for it. The main reason is that we are talking about a game and that means we are talking about something that would be valid as much as the game is valid, and if the game is not played then the token will go down.

As we have seen from the moments it started to fall even before any of this crash, it wasn't really loved by all that many people, because the more SLP people earned, the less it was valued and eventually people crashed the price because there wasn't any reason to buy it and breed it. So both SLP and AXS will be gone, breeding is not profitable anymore and it will probably stay that way.

I really do not know if it’s possible or was that book actually written by AI, but I am pretty sure that this is going to be something amazing for the future. Imagine having the power of an AI that can write books, and you can maximize it as well because it's machine learning and not really AI, so if you teach it how to write great books by showing examples of great writers, then it would write amazing books, but if you show it horrible writers then it will write terribly.

At the end of the day, if you can tweak it to perfection, then it means you can write 100 books a week and sell it, even at 0.99 cents each, that means you are going to actually make a killing from it. I know it's shady business idea, but it’s definitely a profitable sounding one.

From what I understand there is basically "oh our funds were stolen" as usual and nothing more. It's obvious that we are talking about a place that didn't take care of their security very well or just stole people’s money themselves. The reality is that if you are FTX then you put all the money into cold storage and only put a small amount of it on withdrawable hot wallet.

When you lose hundreds of millions of dollars, that means you didn't do the very simplest thing, which is cold offline storage. This can't be the only reason but they keep saying that it is, and they are just bankrupted because they were hacked into, one of the millionth exchanges that gives the same reasoning.

Lakers winning was definitely a good sign for them, AD didn’t train too hard this summer, so he is bringing back himself a bit more slower but this game showed what he is capable of doing and has failed to do so far, if he keeps this up, even like 3/4 of it, then he would be a beast for sure. On the other hand, I watched Warriors dissect Spurs, and I know spurs is not great this year and all but they really played well and Warriors just played an insane basketball.

The way they play looks like a cheat, it feels like 2K playing, everything goes literally according to plan and they always have fun and looking like pure entertainment. They are at that Globetrotters vs Generals level of playing.

That will be good for a while, but they would need to invest with projects that are very very legit and not just some guy at his home making a project level. Which means it already drops it down to very low amounts, do you know how many projects that actually has an office and hires people who would work in that office?

Or at last 50%+ of the workers let’s say, a few freelancers wouldn't be a problem. Not that many, 99.99% of the projects are just bunch of people around the world coming together to make something up to get rich. So Binance needs to find legit projects AND need to get paid back when market is bull so they can do it again later on. Sort of like IMF basically.