Bitcointalk Profile Link:  https://bitcointalk.org/index.php?action=profile;u=557005
Current amount of posts (including this one):  2734
bech32 BTC Address:  bc1qrs5scdtnuj2cuj5f8hw7kq6khkpvt5quxpu9ga
Earned merit in the last 120 days:  5

Bitcointalk Profile Link:  https://bitcointalk.org/index.php?action=profile;u=557005
Current post count (Including this one):  2734
bech32 BTC Address:  bc1qrs5scdtnuj2cuj5f8hw7kq6khkpvt5quxpu9ga
Merit EARNED in the last 120 days: 5

I think this one is not something that you and I can use but something that would benefit them instead.

Think about it this way, UFC sponsorship is not something we should be profiting from, it's not something that would make me happy, but look how Stake talked about it, like it was something I should be proud about as a gambler here, which is not the case because they could buy the president of USA and make him buy stake jackets everywhere he goes and being talked about billions of people every single day and all around news channels talk about it day and night every day for 4 years, and it still wouldn't matter to me, I am not the owner or have any shares or stocks from stake so why would I care, and that's the same for UFC as well, why would I care, it's not my deal and I am not profiting from it. That April announcement will probably be something like that, great for stake but nothing for gamblers.

Never worry about the past losses; just invest in Bitcoin and recover all your previous losses; HODL will be the best thing for you to do so that you can have your time to be studying and participating in other  activities.

If you really do have money for investing in cryptocurrency, just put it there but make sure you put it at the right time, then you can hold it there for a long time and make profit. You can even hold it till you graduate from high school and by then the price might have reached a really high level and you will have enough to do other things with it. Right now I don’t know if I should tell you to invest, price has been on the move and we don’t know when it may crash.

I do enjoy a bit of volatility, it allows me to see what bitcoin could be, it allows me to see where we are with the market as well. When you see 43k and when you see 60k you know the bottoms and the peaks, that allows you to move easily.

Of course, I didn't take advantage of it too much because I do not trade too much but I did made 2 very good trades, it was for small amount so I didn't earn anything that matters, I just have fun with trading so the money was nothing, I think it was 30 dollars from one and 52 dollars from the other, so it was very small and just for fun but it was good to actually trade and make a profit from it. At the end of the day we are talking about something that is risky and I understand some people may not like that, I get it, but I still think that we are doing much better with volatility instead of trying to be stable.

Trading with spare money is more like gambling with spare money. If you are a serious trader then I don't know why there is any hesitancy to invest some money because you must be serious about it. Any business you do requires some kind of risk to be taken and the same goes with trading. I agree that initially don't invest too much because you are in the learning phase for a couple of months in starting and being the crypto market so volatile, it can be nasty if you deposit big and lose it.

The only suggestion I would give to new traders is that, don't come with huge ambitions into trading and keep an attitude to learn because trading is like education where you need to have a humble and learning attitude and like you cannot score good marks without proper preparation and knowledge, similarly you cannot earn money in trading without good knowledge and understanding of the market.

I always agree that ETH is a great coin to buy, it was always like that and it will always be like that. Right now, we are looking at a coin that has miners who sell their coins to cover the costs, and when the future comes here, we will be talking about something that will be purely staking and staking requires ETH and people will both keep buying eth to stake and they will keep their staking profits to stake even more, that will be great for everyone.

Obviously nobody could say that it will be easy, it is going to take a while, probably at least 2 years, but I still think it is a great investment. I have said this when it was first 200 dollars or so, look where we are right now, and I can guarantee you 5k+ is not impossible in 2-3 years down the line, it will keep being like that in the future for sure. There is nothing I doubt about the situation of ethereum.

That's totally understandable, nothing to worry about there. Bonus features in the slot games are one of the most important parts of the slot games, it makes things so much more entertaining, you buy it and you are now in more debt if you lose but if you win you will win a lot more, it's definitely something to check.

I suggest anyone who gambles on slots to get the buy feature at least once to see how it is, actually few times to get used to it and understand it properly, that way you could actually end up having a bit of fun with it and see what it is all about to the fullest.

I personally didn't know there was a competition while gambling once upon a time as well, sometimes we just gamble and have the fun we want to have and not check other stuff, it happens, it's not unique to you so do not feel bad about not understanding what they were saying.

That's right. If you are a trader you will make a loss, every trader makes a loss, it's never a true deal until you make one. Of course if you keep making a loss and keep losing money that means you are not a good trader, most of the time it's something that people do make profit and a loss and in the end they are at a profit when all said and done.

For example, you start with 1000 dollars, go to 1500 dollars and drop to 1200 dollars, that's still 200 dollar profit. If you are like that and if you losses like that do not care about it and keep regretting it. Learn from your mistakes and do not make the same mistakes all over again constantly, that would be a lot more helpful. I personally made a lot of mistakes in the past, I try to not dwell on it and try to learn from my mistakes and get better in the end, that's a lot better way of becoming a true trader.

Those people who make quick decisions and make a profit (or a loss) depending on the movements very quickly will not be really making a profit in the long run because it is a null game that make you lose trading fee too much that you will have to pay too quickly and if you do not make profit each and every trade that means you are going to just gamble your money away and there is no reason to do that.

This is why I think it is quite obvious that nobody should be doing something like this to make a profit. It is risky and it is way too risky, you are trusting yourself to make a profit all the time and that is not possible, specially with price action trading, because it is way too quick and you have to make decision based on milisecond movements. I try to stay away from this as possible because I am nowhere near good enough for something like this.

I do not think that "nobody controls the price" is a true statement. I mean rich people controlled the price for a while now, back in the day it was the whales who got bitcoin for cheap that decided what hte price will be because they sold anytime they want.

I remember clearly in 2018 there was 3 instances where whales ended up selling and dropping the price, this was mainly mt.gox trustee and Craig wright and one more stuff I do not remember now, and they dropped the price a lot. And secondly we are talking about today where companies are buying in billions of dollars so they are increasing so they are changing the price as well. It means all together they do control the price, they used to as well and they still do, people who control it changed bu the price stayed under control of someone anyway. Which is why I do not think that it really means something.

This type of things were very common in stake, and sort of in primedice as well, and that is about when I stopped gambling on primedice and that's when I stopped caring about competitions and promotions and these type of "challenges" in stake as well.

I get that some people may like chasing these type of things and it could be very fun for them, but the reality is that I do not see any type of fun in this and that's why I do not like it. But, I end up seeing people winning something on very unlikely bets and that is why I stopped  caring for them all together.

Stake is getting lower and lower in my eyes, just because some people won this doesn't mean that it is easy, the challenges are very hard, and it definitely doesn't support people who auto bet their gambling neither because we can't follow this all the time neither. It's fine for people who like it, there is nothing wrong with it, it is just not my thing.

Yup, the market has been really good at this time, but what if you invest and the market starts crashing, what are you going to do, keep holding or sell off?

Unless the particular coin you’re investing in is going to increase and reach your target before any there decline.

If you have plans to starts trading, my advice would be that you should leave it for now, it is not something that you’re just going to jump on quickly and start trading, you have to learn what you’re meant to learn to be perfect before taking the further step.

You sound like that you are coming across the people who are expecting market to fall up to $10k or even $5k but honestly I am the one who expect the repeating of 2017 in 2021 in terms of growth levels but not in price ranges. I mean we had 20x growth in 2017 and I expect 10x to 20x growth in 2021 as well. This is the way I do compare 2017 and 2021; so far I am good and doing profitable with my speculation.

I would say this year going to be similar to all previous bull years for bitcoin markets. This year we are going to experience  6 digits for the first time like how we did in 2017 with 5 digits (in 2013 with 4 digits). This way we need to wait till 2024 to experience the 7 digits as per my speculations.

I do not need anyone to point me out this because I am one of those people who believe into the speculation of bitcoin to be valuing around one billion (yeas, not misspelled) dollars. This may sound crazy but practically it may happen in coming decades. The good thing is, financial experts and big corporate start realizing the potential of bitcoin in way where we have been into for last 5 to 10 years.

Is it a problem? Nah. It is a well-planned thing to make bitcoin popular as that alone will help it to be adopted.

There were people who predicted bitcoin to test $1M by 2020 itself but I believe into 10x growth on every 4 years. Hence, this year we may see 100k to 400k and by next halving we may test $1M levels.

Prominent stocks going down as much as 92% ? Are you serious? Even on pandemic period when everything crashed the price wasn't that low, even when there was a 2008 crisis things didn't went down that much. Hell a 40% drop means nearly bankruptcy for stocks. This is for sure a bad guess and it is not going to happen. Bitcoin will not change that much and stocks will not change that much, both of them will be as good as it gets.

I do believe that we are not going to see constant increases forever, eventually things will go down, but just because they will go down doesn't mean that it will happen right now and doesn't mean that it will be 92% neither, we are going to see better results for sure. I am not a financial analyst or financial advisor so take my words with a grain of salt, but I am pretty sure 92% fall on big stocks is as impossible as it gets without bankrupting.

I still do not believe that sentiment could be understood like that, I think Elon could be more confusing than people realize and memes could be growing weirder as well. At the end of the day, I still do not feel that this is a good idea, we have seen the first example of Elon tweeting about how Tesla will accept bitcoin payments and then we saw a drop, that is a proof that not every time Elon tweets something the price has to go up.

Of course it wasn't Elons fault because of two things, one is that he is not in charge of everyone's feelings and decisions, he tweeted but people didn't care, and secondly there was 6 billion dollars cashed out of futures so that was a big deal. All of which means that this bot "may" work or may not work, I do not know which one will happen but I still think it is a dangerous mission that should not be done with a lot of money.

I think deciding on your own trades and being in a group doesn't really have to be two separate things. I believe you can be in many many different groups, try to find what people are saying about which coins and then use that to fuel your own trading strategies and research. Do not do what others tell you to do, it is really not something that makes sense, but I do think that investing into something that would be huge gain for you only comes from personal research, but there is no harm in checking out what others would be thinking about.

Long story short I believe you could make your own decisions, you could trade however you want, and you will be definitely profiting from that as well, but that doesn't change the fact that you could also get a decent amount of help from groups, specially signal groups, do not do what they say, but you can research what they say.

That's the thing about it, you are not going to be suddenly a great trader thanks to it, but you are not going to have zero help from it neither, it is going to help you a bit and that's what I think OP is missing as well. Not everything has to be about making you perfect, some things are not perfect and will stay that way, there is no turning away from that, and just because it is not perfect doesn't mean that you should not do it neither.

Do not let perfection get in the way of greatness, that is what the saying goes and that is why I think demos are not perfect, they are not even great but they are quite good for newbies and anyone who wants to start and never traded before should focus on trading for fake and learn how to trade on the real markets by using fake money and in the end if they get better they will be able to see that result in the end.

Last I check it was 2 bits I think, that was the minimum I played for so I know that was true until very recently, 1 bit could be very well possible as well. However like I always say, if you do not have enough money to gamble, you should not gamble, anyone who wagers 1 bit into bustabit every time they wager, they probably should not play at all, let the rich people gamble and lose their money.

People like us should be keeping all of our money in our wallets and trying to make that a bigger number, trade it, invest it, work for it, earn it or whatever else you can think of, do something that will allow you to get crypto rich but do not gamble if you do not have the money for it. You could very well be a rich person who doesn't want to lose a lot, that is a valid point, but aside from that if you can barely afford to gamble with 2 bit or even 5 bit so you are looking for 1 bit, that is not good.