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121  Economy / Trading Discussion / Re: How to handle emotions when you lose during trading. on: April 13, 2024, 05:29:45 AM
Everything you say here is correct, and the number 4 is the best thing that all the traders in this field of crypto trading can do, in fact, so that we can do the trading activity we are
doing in the field correctly. This is actually true. And it's good to make it a habit too.

Because if we can't manage trading correctly, our emotions will swallow us up and put us in a state of lack of control over ourselves, which can lead to bad results in the end.
sometime we don't even realize that we already lost control over all the decision we've made due to our emotion sometime our emotion just get the best of us thats why I think personally the best advice would be just relax and calm down and then stop trading when we are having series of lose.

its no point keeping up when we are keep on losing becasue if we just keep continuing eventually we gonna lose all our money.
trading requires calm and peace state of mind, can't just randomly trade and win when we are so angry because the series of lose that we have experienced earlier.
hopes the newbies out there know that overtrading is a thing too.
Yeah, usually people do not realize that they are in trouble until it is too late and that is why they end up losing so much money as well. I personally believe that the best thing to do would be just focusing on how to improve further by doing their very best.

I think if you are losing too many trades in a row, even if you think there is nothing wrong with you, just stop and you could give it a break and that is why I think it would definitely be a lot better. I get that it is not going to be a simple situation to handle, but that doesn't mean that we can't make a lot of money from it. All in all, I believe that we are going to end up with a good return, we just need to make sure that we can stop when we should.
122  Economy / Trading Discussion / Re: Did you know about AI trading bot? on: April 12, 2024, 05:41:02 PM
AI is basically an artificial intelligence complete robot that can think much like a human. so AI trading bots may be able to make decisions much like humans but there are many risks here too. Because no technology can tell an accurate and guaranteed future then how can a bot guarantee someone a profit in trading. no matter how one trades, risk will always be there, so one must accept risk in order to trade. And one should trade with the amount that one has the ability to accept losses. and along with that there must be patience
Unfortunately, (or maybe fortunately) these are not artificial intelligence at all. These are machine learning programs which learns from thousands and thousands of moves, and make decisions based on that.

You enter what a profit is, and you enter what a loss is, then you enter 100 thousand different trades, it sees which ones were profitable and which ones were loss, and tries to find what made the winners win. That is not a bad idea, its a good concept, but it is not artificial intelligence, it doesn't have a brain of its own, so there is no reason to worry about any trading bot to take over the world yet lol. Just feel as if nothing is wrong and you should be doing fine, its not going to hurt anyone and its a boring software that's it.
123  Alternate cryptocurrencies / Altcoin Discussion / Re: Solana - worth it in 2024? on: April 12, 2024, 05:21:41 PM
Recently I dived more and more into the solana altcoin and I wondered wheter it is too late to jump into it or not?
I still believe Solana's growth in the market has a long way to go. The use of the Solana ecosystem is currently getting bigger. and that will be good for their market in the future.
you just need to plan your investment in Solana. it's never too late to invest. The most important thing is that you have self-control and the right understanding regarding investment. so you won't be too quick to conclude that you made the wrong decision when you just entered.
I agree that SOL has a long way to go, and I am not entirely sure if it will though. It looks like it may do well enough, but at the same time I believe that we are talking about something that may not be all that easy to handle neither. So, we should consider what kind of situation we would be in, and I feel like it is going to be something that will take a bit of a time as well.

Hopefully, we will see the situation change as much as we can, and it is not going to be all that simple to fix. What I can see right now is the fact that we are not really making big strides at SOL but the tokens in SOL chain are making big changes, so I believe that eventually it will help SOL to grow further if this type of hype continues more.
124  Economy / Speculation / Re: Bitcoin 190K in 2024? on: April 12, 2024, 05:01:04 PM
I think it is not unreasonable to have such prediction for bitcoin at this season of halving. The block reward is going to reduce and that means miners would want to add in price before they sell so it is reasonable that volatility will rapidly start to happen as soon as the block split. I would predict around 150k - 200k . So at the point of slight price above 150k, it is suppose to be time to get ready for drop .
I mean everyone has their right to predict what will be the price this year, not sure what prediction model he is referring to but I have a idea already and it did predict $100k last bull run but it never materialized. Anyhow, it's just a wild and educated guess, if it happens then we will be happy to see. But if not, then we still have a good year in 2025 so see how big this bull run is. Let's just say that we will be overjoyed at $100k for this year, and then when the parabolic rise continues, then $150k could be a good conservative estimate as our new all time high for this cycle.
I do agree that it is not an easy one, that is why most people do not really see what's going to happen and they do not have a real understanding on what could be the best way to move forward with this. I think it is quite important to realize that we are going to end up with a good return one way or another, it's just not going to be easy that's it.

I hope that things do get better for us, and 100k+ seems like a possibility, we just need to wait a bit more, it may not happen right away, we may need to wait like maybe 6 more months before that happens. I am neither saying it can't happen earlier, nor saying it will surely happen after six months, all I am saying is that this is also a possibility that I see that could be the result.
125  Economy / Speculation / Re: Bull run again, huh on: April 12, 2024, 04:22:05 PM
If we rely on history, the big bull season will usually only come after the halving and as I predict, it will start in the fourth quarter of this year. The halving hasn't even happened yet but bitcoin is trading at $70k, so is the highest ATH target for this bull season of $100k too low? I personally believe we can hit $150k or more and this will be the craziest bull run we've ever had. The Fed will soon lower interest rates, the economy will enter a recovery phase, ETFs, halving...all support that we will have a super cycle and the target of $100k is too modest.
I do believe that we are going to end up with a greater return, 100k is definitely too low and we should be seeing at least 150k if you ask me. I understand that some people may feel like that will not happen, but I think it is not impossible neither. Think about it, last time it was 20k going to 70k, this time 70k going to 200k would be very possible.

I think it should be considered and I believe that given enough time people would be able to make as much money as possible if they keep holding their coins. I believe that we are going to see some big changes here and there, but for that to work as well as we hope it would, we should be considering the situation to be changing and not really make any bigger moves.
126  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: April 12, 2024, 01:14:54 PM


I am waiting for this match. I know Delhi team is in bad form compared to LSG. If LSG wins today's match, they have a chance to grab the top spot in the points table. On the other hand, Delhi Capitals are now the last team in the points table. Delhi players are playing very badly. Still I would say that if LSg want to win today then Delhi team should not be taken lightly by any means.
Yeah, this year I am not dared to bet on Delhi team anymore. On Delhi's encounter against Kolkata, I lost my bet as I was super confident on Delhi to bounce back but they lost against KKR but won against CSK (I do bet on CSK on their all matches). After the winning against CSK, I was expecting Delhi to win against RR but they again failed and I lost my bet again. Today, I have placed my bet on LSG as I am not expecting any sharp bounce back from DC anymore.

This year maybe Sunrisers' title year as Cummins' winning streak may help Hyderabad to secure their 2nd trophy in IPL history but this must be too early to speculate about the title winner for this year edition of IPL.
127  Economy / Gambling discussion / Re: Gambling and Betting. Why the Distinction? on: April 12, 2024, 11:21:44 AM
I was today years old when I found out that if betting and gambling isn't exactly the same thing. If you Google the word betting most of the  results will be in regards to sports betting. Also Google the word gambling and you will see most results refer to casino games. In my own opinion whether we bet on the outcome of a sports event or we bet on games of luck and skill in the casino, they are both the same thing. Which is why I wonder why there is this distinction between the two? Why can't we say casino betting just as we say sports betting or sports gambling just as we refer to the casino when we talk about gambling? I know it sounds weird saying casino betting or sports gambling but what do you think about this?
Gambling refers to the overall concept of staking something to get something on top of it, it can be anything, even if you are having a bet with someone that a certain thing would happen in the future which is also gambling, lotteries are a part of gambling as well. However, betting in general is used to refer to sports betting because when you are gambling in a casino, you make bets on games, but you don't call it betting but you call it gambling, and when you are in sports betting, you don't say I'm gambling, you say I'm betting on matches. That is probably the reason for this.

Otherwise, I don't see any reason why you can't use the word betting for gambling games but it is just more suitable to say it's gambling rather than betting even if you do make bets in it too.
128  Economy / Speculation / Re: Is It Time to Buy More BTC? on: April 12, 2024, 06:28:05 AM
I've been watching with interest as Bitcoin has pulled back over the past week after hitting new highs. Part of me wants to accumulate more while the price is down, but I also wonder if we may see it drop further in the short term.

Well there are good arguments on both sides. On one hand, the long-term outlook for Bitcoin remains very bullish as adoption increases. Even major institutions continue entering space, and trends like halvings may lead to new all-time highs over the coming years. But on other hand, factors like the upcoming Fed meeting could continue to bring volatility in the short-term.

I also think this price drop may present a good buying opportunity for someone looking to DCAing and I'm also looking to buy more BTC especially since BTC's price is low and there's zero fees on Bitget. Of course, as with any investment, only put in what you can afford to lose. 

So, even if it dips further short-term, history tells us Bitcoin tends to go up in the long run.
So this is another best time to buy , dropping to 65k again and yeah slowly growing since last night and with the price closing to 67k again maybe we should consider that the correction is over now and anytime it will spike back to 70k and maybe to beat 75 thousand dollars finally .
I do agree that while we are getting closer to halving, it would make sense to make as much profit as possible, there is really nothing wrong with that. I get that it may look like there is something wrong with the situation we have right now, but if we keep this up then it is going to be quite good in the end.

I personally believe that the best way to go would be just making sure that we end up buying more and more, if we can do that then the result should be fine and we could make some profit from it as well. I believe we are going to end up with a greater return, and that means it is going to be something that we could benefit with time. This is of course only because we are looking at it in a decent manner and trust the price.
129  Economy / Trading Discussion / Re: Anxiety in trading (heart disease) on: April 11, 2024, 04:06:53 PM
Traders who are afraid of experiencing losses are traders who do not fully understand how trading works, all traders must have experienced losses either because they were inexperienced or made the wrong decision or also because the market moved in the opposite direction very quickly.
Dummy trading helps to minimize these losses before real time trading begins. Most people dont use it at all or are not patient enough to do it.

In trading one will always face some losses. But speaking of spot trading these are only conversions of one coin to another and hence you always have some asset to sell in the market. In futures and margin you will completely lose money if you dont know what you are doing with it.

Hence spot is always safer than the rest. But the risk takers will prefer the other modes.
I already heard a couple of negative feedbacks about this dummy/demo trading. They say that it doesn't offer real-life trading experience, and that... This might be the reason on why a trader can skip it, apart from what you said there of being impatient. In trading, only the newbies can always face losses but the more experience they gain, the more the profits they can gain as well.

I think spot trading in crypto and other financial markets is not the same as simple trading we do outside. We might get an exchange for what we have traded but the question is have they retained their value? It's good if they are increasing but what if not? Spot is safer than the other types of trading but others might offer more profit potential. No wonder, why many are trying them even if they can lack in experience.
130  Economy / Trading Discussion / Re: Martingale strategy With Stop Loss on: April 11, 2024, 02:41:22 PM
What if you didn't hit your SL on your first or second trade? Anyhow, we've seen how dangerous Martingale System is in gambling, and if you adopt it in crypto trading? Same result. So I guess there will be traders like you who might want to take that risk and try, that even if you win, the profits is still not enough for the cumulative losses that you incurred. But if you insist, then best of luck to your strategy.
I suppose that traders using martingale are assuming that if they were to use a strategy which had a positive expectation, then martingale could become viable and it could make them money, unlike with what happens when that strategy is used as a betting progression at casinos.

But for their misfortune this is not true, even if a trader could win more trades than the ones they lose, if they trade for a sufficient long period of time, that should be enough to lose enough trades in a row, which will cause them to bust their account.
Positive expectation is nothing but a positive expectation alone means, there is still a big chances that it might not work. Martingale will always be martingale, it doesn't matter on what activities you will use it. There is a time that you will face a really big risk if the losses continue more than the wins, this is why it had a bad reputation and was not advised by the experienced people who once used it.

Trading is still different from playing a gambling inside a casino where the owners had more advantages than the players because in trading, our performances will only depend on us. So if ever we are using a good/working strategy, it will also allow us to earn a better profit.
131  Bitcoin / Bitcoin Discussion / Re: Bitcoin to the common man. on: April 11, 2024, 08:06:33 AM
To an average person, Bitcoin is still probably not well-known, considering that less than 5% of humans actually have any experience with Bitcoin. So it's just a name of something associated with hype, high price, probably also with scams and other illegal activities. If people turn to it because of the potential profit, it can be a symbol of hope for a better future, but that is also a risky attitude because Bitcoin is volatile and largely unpredictable. There's no guarantee of success, and that's why people should manage their expectations and be ready for unfortunate events.
The bolded part is what most bitcoin evangelists forget about bitcoin, that it's a volatile asset and at the same time as you've said, not that popular to more people and that if we account it with the total population, the community is just a smidge. I think that the only way towards the heart of common man when it comes to teaching them what is bitcoin and many other things related to it is if we just teach them everything that they need to know, positive and negative aspects of bitcoin don't matter, that way we can see who will risk it and invest in bitcoin and who won't and at the same time, you would be less liable from blame from these people because you've warned them of the volatility and the negative side of bitcoin and they still willingly got in and invested to it, of course you still have the responsibility to guide them a little bit but other than that, you're not liable and at the same time it will help more people and when it does, those people will do the thing that you've done, it's a chain reaction.
The one thing that you can never forget should be the fact that we are talking about short term when we are talking about volatility and risk, not long term. A lot of people fear and sell, that would be understandable, and that's a wrong move which I do not support at all.

However, if we are talking about a situation that is getting better and bigger, then we could start to talk about something different. If you want to hold long term, like look at it for a 5+ year perspective, then we can consider it as a great investment, because even if you buy bitcoin at the peak of the moment, in 5 years time it will still be higher, take ANY moment in time, and put 5 years into that date, and bitcoin is always higher, that's the important thing.
132  Bitcoin / Bitcoin Discussion / Re: Steelwallets and Airport Security - Potential Exposure Concerns on: April 11, 2024, 06:56:33 AM
Personally, I wouldn't be risking carrying my steel seed phrase backup around. I don't even think such a thing is for you to bring anywhere you go.
We don't know mate, maybe he is trying to migrate on a new location? If not, yeah, it's definitely a worse idea to carry it anywhere at all times because we can lose it even if we pass the inspection at the airports, mall, or somewhere else... A scissor is a sharp thing and it is not allowed in some places but I don't think a steel wallet are designed to be like that because maybe the designers of it realized that issue already.

Quote
For me, that's the kind of backup that you would want to bury or seal on the floor under a tile or on the wall
Thanks for giving me an idea. Now I will check the floors and walls to see if there is a hidden wallet Cheesy, just kidding but odd locations like that are no doubt more unpredictable than if we place our wallets in a vault and other common locations. There is also an element of surprise like the ones I watch on a TV where they saw lots of money and a land title when their house are about to get destroyed by an auction unit.
133  Economy / Economics / Re: Banking on people's ideas, visions, and talents. on: April 10, 2024, 05:52:11 PM
I believe nature is fair to all and while it gives some people that quality, others can bank from these brilliant ideas and bring it all to reality by supporting the ideas with the needed finance, resources, and coordination required to have a successful firm.
Nature might be fair, but most people who do that aren't fair because what they do is they take the ideas from people who aren't able to convert them into reality, use the resources and everything they have to bring those ideas into life but don't include or give credit to the ones who the original idea was from. I have seen this happening on a lot of occasions where one person shares his business ideas about what he wants to do and another person listening to that steals the idea and starts the business before that person could do it. That isn't fair, is it?

I believe people who tend to have a lot of great ideas and plans about businesses or anything can't bring them to life because of a lack of resources like having enough money to fund the ideas or have any reach or anything to get things started if it requires legal processes and everything, but on top of everything, it's mainly all about finances.
134  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Next x1000 ShitCoin | Get in early | Join Us on: April 10, 2024, 03:25:53 PM
How do I get it?
OP, you stylishly left a telegram link so you can get people off here to a place that might end up exposing their safety. Even the other site address you left here is suspect to me. I'm not sure how many users who would want to click or test those random links you put out here. I'm not saying what you're advertising is a scam or not but it's going to very hard getting people to trust you on that and the links you've supplied. I'm not one to experiment with random links from untrusted sources.
Forum is not really strict with these schemes and if ever there are greedy people who are interested with it, it's already their responsibility whatever happens to them. There are descriptions before he placed the links. That makes it obvious if what are those links are for. Not that I'm interested but I got curious to check them out. I found that the group only contains one token and it was the same token here.

I really thought it's a group for many tokens that are being pumped and dumped because of its name. The other link is a swapping platform called Jupiter. Upon clicking the link, I got a warning about the token but this seems normal if the token is still new.
135  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Seizing Opportunity: Wormhole's Launch and Solana's Momentary Dip on: April 10, 2024, 12:49:54 PM
I don't think so, memecoins right now are risky, you don't have any basis or use case, they are just memecoin. So if you want to take the risk or gamble, then go for meme coins.
Right now, what we are talking about is a project that has use cases, Wormhole project is big and useful to everyone, it's not a joke.
Not only now but they are always risky and there are some meme coins who tries to pretend like they are a normal crypto because they try to have other cases but I think they still ended up being a failure. Investing in any crypto, whether a meme coin or not, is a gamble because all has their own set of risks but obviously meme coins will always be a bad choice. Anyway by hearing the word wormhole, it reminds me of an old crypto project (not a meme coin) which name is similar to that but that one didn't survive long. Maybe this one here is still different and can truly do better. Who knows?

I won't be looking into any projects on Solana with utilities. It's a bad choice as the current market is of meme coins and most success stories are coming from meme coins that are using Solana network. For me it is better to invest in a meme coin at the moment than in a crypto that is trying to improve a blockchain like Solana.
Why not? You know the hype of meme coins are only temporary but those coins with solid utilities are long-lasting.
136  Economy / Gambling / Re: Professional Crypto Gambling Advice on: April 10, 2024, 11:26:59 AM
Not only controversial but dubious now you have to defend yourself by showing us your stats and it better not be edited and verified to be true, I'm struggling to win in casinos but I never thought that it's possible to be in profit in almost any casinos.
At least he already admit that it was controversial, unlike to others that they only write convincing post to attract as much people as they can. Proofs must not be edited and if ever they are, then it only shows that the claimed service is not legit. There are wise users here who can detect them, so they better not attempt to because they will only get exposed here quickly. Most of us are struggling to win, maybe because we are not skilled enough if we are playing skill-based games. If it's luck based games, it's normal to have a less chance on them, unless if you know something like hacking the game but that is risky and unethical way to earn.

I've seen this so many times and those who posted this are always marked as scammers and our hunch is always true.
You're a full member you should know better, yet you're posting a deceptive and dubious offer.
If they don't hide anything they should post more information in the forum than in Telegram, although no doubt that Telegram is a better way to communicate. I know OP is not shady like this before. I don't know what he ate on why he suddenly acted like this. Hhmm.... but stay safe everyone.
137  Economy / Gambling discussion / Re: Lately I've been thinking about this a lot. on: April 10, 2024, 08:19:46 AM
Yes, definitely there should be certain rules against the players from making bets tho, it's likely possible they can do it without being caught, who gets involved and was caught is who they considers a victim of law breaking. In every sports I believe their is every means deployed by this experts to make the game look not rigged whereas an under ground work is being carried out. We as gamblers may not be opportuned to detect all this, we just stake or bet under probability and waits the outcome.
There are rules that are imposed already but it's just that there are only players who sometimes don't abide them because they think these rules sucks and they think they can gain more advantage if the play outside it. Maybe there are some who are lucky and skilled enough to not get caught but we can only wish they will get busted next time so that the competition will get fairer. Verified legit betting platforms are not rigged but sometimes we bettors are only paranoid to think they are like that, especially if we experience to lose a lot.

Whoever is found guilty should be severely punished, for misleading gamblers who staked their wins on him, with some months ban and a fine.
Indeed that those who are guilty of committing a violation should be punished accordingly so that other's won't follow it anymore or their rates will only get lowered if stopping them completely is not possible.
138  Economy / Gambling discussion / Re: Stopping the curse of losing streak? on: April 10, 2024, 05:45:42 AM
In your case, how do you approach when you are on losing streak so badly on specific game. Does changing game works for you?
Changing the game works but depends on how I looked at the difficulty of winning at those games per game provider.

There are games that after you've won a big amount, won't give you another taste of it even if you stay loyal to that game. There are games providers like that. In the case of games that I already experienced winning but am currently, on a bad losing streak, I will try my best to stick with it for a long since I already experienced winning big several times there despite losses on the way. Like it testing my patience lol.
There are factors that affects our chances of winning but the ones that matter the most would be the luck factor and it can come randomly, so be sure to come back on those games you think are not giving you a win anymore because they might give you again this time around. It is only normal that big wins come very rarely and if you are a casino owner, would you like to make your games more softer? I am sure you wouldn't too.

The best method to avoid a losing streak is to relax a bit from gambling. This is proven and tested already by many gamblers including my self and the longer you don't play, the more the luck you can recover.
139  Economy / Economics / Re: Marketing Strategies in the Digital Age on: April 10, 2024, 05:42:24 AM
Bots that are used to answer questions to consumers in market place accounts do have limitations and not all of them can answer if it is not about basic things about the product that we have inputted data and we entered into the program, they will not answer correctly as a whole. I often ask questions to shops in the market place about the products they sell and I ask questions that I want to know but the bot does not answer properly.

Whether or not it is effective to help marketing depends on the scope of the bot because it is not open source like other AI that has larger data compared to bots like that, marketing in the digital era is quite broad and we can basically use many things to support the market that suits our target with the many social media that offer advertising services on their platforms it is much easier.
This is why there are still what we called as customer representatives and they are real humans (not bots) to be able to answer those harder questions. Some only have manual and the question will only be turn over to the admins later on. Patience is only needed there but some who don't have it, find it sucks. It's a turn off for them, so they ended up transferring to the next platform and hoping that it will now be better.

It's better for the bot to be open source so that it will be improved and people will have more trust in it because they can see the code written inside it but that is if there is no suspicious things inside it. Bot must be one of those advantages or tools that can help us in terms of advertisements.
140  Economy / Economics / Re: considering the advantage of Fiats over Cryptocurrencies on: April 09, 2024, 03:02:32 PM
but the next problem is that the authorities usually don't want to deal with problems like this, because they think that cryptocurrencies are not in their jurisdiction. they are too bothered to track it because from the start they have been warning people that getting involved in cryptocurrency is risky. so when you lose your money on it and report it to the authorities, then they will turn around and say that it's not their job.
It depends on where you live, if you live in a country where cryptocurrencies are still in grey area or illegal, then you're correct because instead of recovering your losses, you might go to jail due to law you broke.

There have been many news that the police caught scammer using cryptocurrencies, so the police and authority already know cryptocurrencies have values.
Well, to be fair it does leave the security concerns to the person himself. If you are worried about the fact that some scammer could sweet talk you into giving your money to them, yeah you should keep using fiat. But that is literally accepting the fact that you are gullible enough to be scammed and giving your money with your own right.

But, there is also a benefit that nobody could take your money without you sending it to them, whereas in fiat world you could have a situation where it could just be stolen from your account, they just need your credit card, a physical thing, and they can steal a lot of money from it. So to say that crypto is riskier, is just to say that you have absolutely no trust in yourself at all.
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