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801  Economy / Trading Discussion / Re: Do Not Lose Everything Youve Gained in One day, or One Trade on: November 01, 2023, 07:24:38 AM
Trading futures is a very serious form of investing that can lead to big wins or losses. I have tried it myself in the past with mixed results and I would recommend anybody interested in it to first try their strategies in demo accounts. We are facing again a period of high volatility, which usually means that traders can make a decent profit. Trading futures just means that we have leverage on our positions and don't need to put all our money down to buy an asset. Just because we start trading futures doesn't mean we need to go into debt. After developing a successful trading strategy in simulations or a demo accounts it's good to start small. I would recommend anybody at first to make sure that we have enough capital to cover the notional of the futures contract. Once the strategy proves to be profitable it can always be scaled up with additional money. The biggest risk is the fear of missing out just because prices jumped up 15% in a short period of time. I would always prefer to follow my own research and strategy than following the herd and be late to the party.
Not a form of investing, but it was another form of trading and I heard it's much riskier than the normal forms of trading. But as they say, more risk is equals to more win. So yeah, that was the only advantage there if you are skillful or lucky enough to make a good/winning trade. Not only in futures trading but even on other forms of trading, it is recommended to practice first.

Obviously, so that we can familiarize things and lessen our chances of losing, or increase our chances of winning, in other words. It's safe to go low but there are others who are seem not contented on the risk that futures trading has to offer, so they do yolo trades or go all in. If we are a beginner, it's always better to start on the basics of trading, not here in futures.
802  Economy / Trading Discussion / Re: Are you any of pump groups or Channel ? on: November 01, 2023, 05:40:02 AM
Im on with notourious powerpump team yesterday they pumped yfi i made nice profit with them.
Tell me your experince about pump ? My experinces are good to be honest most of money i Made with pump.
I remember when ETC pumped i Made from 10$ to 500$ in few hours i don't Understood why people don't like pumps it's really great i have made real money from pumps.

Today poweroump team will pump LTC let's see how high they send it
Then, I hope you understand how the scam works. Of course, they will simply make you feel happy by giving you profit for a short period of time but later on, as you continue joining them, you will suffer losses and you will find out how they scam you.

You can't blame people for not trusting Pump Group or even encouraging them to join you because they already have bad experiences with them and that teaches them not to trust. Well, yes, let us see how LTC moves this week and waiting for your update.
For now it is seems he doesn't yet, judging on how he encourage people to be like him. Good thing he didn't drop a link or a group name because that only shows that he is shilling it. Manipulation is one the biggest problem here in the world of cryptos. This is why we hate this kind of act as it damages the supposed to be natural balance of the market.

Even though some don't have an experience with it, they are aware about the negative effects that it can cause. He exposed publicly that LTC will pump. It is actually possible because it was a good coin and we know that BTC is getting hot lately. If it moves upward again, other cryptos not just LTC can also follow.
803  Alternate cryptocurrencies / Altcoin Discussion / Re: Elon Musk predicts X will replace banks in 2024 - The Verge on: November 01, 2023, 05:20:39 AM
Doing all my banking on a social media app would feel really awkward.  but why would anybody want that though? How many people would be comfortable giving all their personal info and financial data to this website, which has been a complete trainwreck since Elon Musk's takeover.
Maybe you are only used to using one service at a time. But for some who like to multi-task, they can see this as a genius idea. For now, not all would want them but we can soon get there. Elon seems like a trusted person. He is already rich, so I think he won't mess around with our information. With a feature like he is planning, he would also up the platform's security so that everyone will be safe.

By the time Twitter is handed out to Elon, there are flaws but I think it's normal for a starter. But later on, we see how Elon tries his best to improve or make the platform better. It won't stop there just yet. So brace your self.

You'll be able to shitpost about Trump while taking out a loan so you can invest in Dogecoin all at the same time
Don't know about you but I think that sounds fcking cool.
804  Alternate cryptocurrencies / Speculation (Altcoins) / Re: 7 ways to earn free cryptocurrency on: October 31, 2023, 05:39:31 PM
Is that BAT through brave browser is still a thing today? Because I think that the ones that are only earning there is brave itself. And since they're already popular, the rewards that they're giving probably aren't that a lot anymore. But if it's just all about being free then there is no doubt that you literally earn free tokens from them.

And with the airdrops, this is like when you find real gems on them because before they're one of the good free source of crypto but not today anymore. It's because that many of them becomes a scam and the little chance for a project to become successful makes the airdrop useless if it didn't reached to that point.
I got curious and tried it before, but later on I experienced some issues like I can't receive an ad in the browser, resulting for me to not earn anymore and then an issue when transferring the token to the exchange. I later didn't continued it. If they are now popular, they should increase the rewards and not decreased it. Being greedy is not a good thing to any company. It gives them a bad impression.

Airdrops are still there actually but most are retrospective/retroactive. I think that means it's not totally free anymore but the rewards are now more guaranteed and the rates are now much better. There are still other ways to earn a crypto not just these two.
805  Economy / Gambling discussion / Re: How safe do you feel with casinos that ask you to input your log detail. on: October 31, 2023, 02:52:22 PM
When a platform asks for login details too often it is annoying for users, because users need to retype their login details which is more risky (does not apply to those who have auto-fill passwords enabled). I don't know the reason why casino platforms make their sessions so short, because for security and other issues they can use third party services such as Cloudflare or others. The platform should set their sessions long enough and have a robot verification system to prevent bots.
I can relate to this. It may be understandable if they don't have that " remember me " thingy, along with a small white box that we need to check, so that we don't need to login anymore the next time we visit them. But the problem is they do have that and it doesn't work as it was intended.

The issue is already present for a long time but up until now they haven't given any action to fix it. Other than that, I also experience the same thing in the pop-up advertisements and in-game banners. They also have that option for them to not show up next time but it doesn't work as well. It's so annoying man, however I wouldn't say it's risky because I already downloaded their app and bookmarked their site. You guys should too.
806  Economy / Gambling discussion / Re: ODI cricket and general cricketing discussion [self - mod] on: October 31, 2023, 01:28:50 PM
Still there is no confirmation which teams will qualify for the semifinals except India. Because India is on top and remain on top and will definitely qualify for the semifinal. From now all teams have 3 3 matches left. So there is a big (?) That who will qualify for the semifinal. If SA will win from NZ so SA will also remain in semifinals teams list. By the way no one can say anything at this time.
IMO, it is 99% confirmed that India, South Africa and New Zealand will qualify for the semi-finals. In case of Australia, I'm around 90% sure. But at least theoretically, Pakistan, Sri Lanka and Afghanistan also can qualify for the semi-finals if all the remaining matches go in their favor. 6 rounds of group phase games are done and we are left with just 3 rounds now. I hope that we will have more clarity once the 7th round is complete. If Australia wins against England, then they are almost assured of a spot in the semi-finals.
I am not convinced with your this review about 99% about these three teams because I am feeling India and South Africa are surely but with current situation Australia and New Zealand both are on same boat with anyone can slip and for me New Zealand which is currently having 2 matches losing streak, and now they are going to face South Africa which can make this three and Australia can perform better against England which bring them to better spot with NRR is also improving.

Here if New Zealand slips then surely this could be beneficial for the Afghanistan with no other team is currently in position to take any advantage of this but still New Zealand can go through with their better NRR which mean for me still we have India, South Africa, Australia and New Zealand into last four but in case of any upset then surely New Zealand can suffer, but beneficiary could be only Afghanistan and very few chances about Pakistan.
807  Economy / Trading Discussion / Re: Binance is reported by Senator Cynthia Lummis on: October 31, 2023, 11:56:32 AM
Well, that's an allegation and an accusation that Binance has denied. And it's not the only time someone has accused Binance like that last year. US Prosecutors Look to Charge Binance, Executives on Possible Money Laundering Violations: Reuters So that means that the things they are doing on Binance are not new.

The allegations they throw at Binance are almost uncountable. And so far, the DOJ has not commented on what Senator Lummis did, so now it is still under investigation in that incident.
But, is there even a company that will surrender that easily if they are being accused of something by someone else? I don't think there is even though they are guilty especially if their company is already booming because that could also result for a closure and they can not earn a profit anymore.

I still believe that Binance are not like that, I mean they could be fair and legal about their operations. So, they have the rights to auto ignore the allegations that are being thrown at them. That wasn't the first and that isn't going to be the last as long as they are still at the top. Remember the saying that fruit-bearing trees are always being stoned.
808  Economy / Speculation / Re: Bull season started? on: October 30, 2023, 06:15:54 AM
In my opinion, the bullish market is already started. The market is creating higher highs and lows, meaning the buyers are in-control. It's hard to believe that today we were in the bullish market because the market didn't go the way they used to be. I think this is what the market really do because there are so much resistance above unlike before that the upward momentum is so strong since there is no visible resistance above. Maybe if the market reach or break its ATH price, the bullish season we used to before will happen.
There have been strong resistance in maintaining nothing below $34,000 though the market earlier yesterday went down a little bit to 33,700 or so, yet it still bounce back to where it belongs in favour of the bull, this is a strong feelings that we are likely to experience more of bull this present time than ever before that bear market have been prevailing, the end of this month will justifies the means but we are more likely to go higher than expected as some already predicted $38,000 sooner as the month round up.
There are a lot of people who ended up with a realist increase at this point and the amount of people who would like to keep buying still is strong. There was an expectation that it would grow smaller and people assumed that we would see it drop and the amount of buyers would drop but the reality is that we are not going to end up with anything that is major, we are going to end up with a lot more buyers if we keep the hype going, and that should be important.

We are going to end up with a greater return, so we could definitely give it a go. Just let it be and then we are going to grow stronger, and hopefully we could do a lot better, I know that it is not going to be easy but we can make it work.
809  Bitcoin / Bitcoin Discussion / Re: Bitcoin Surpasses Tesla, Ranks 11th Globally on: October 29, 2023, 05:23:22 AM
Well, you are right, a market where competition or alternatives does not exist, is not complete, and I bet that those participating in such a market will blindly lose a lot of opportunities without even knowing it.

I believe this is why we have bitcoin, which is the main and original cryptocurrency, and we have altcoin, for those who are looking for an alternative to bitcoin in cryptocurrency investments and trading.

And when we come down to worldwide investment assets in general, we have company shares and bonds, we have the real estate, we have land and properties, we have precious metals, we have cryptocurrencies which happens to be the latest innovation, and so on.
And coming to shares, tesla fall under it, and coming to cryptocurrencies, bitcoin fall under it, all this are investment opportunities created for man, Anyone anybody is comfortable with, he or she will go ahead and invest in that area, this is the beauty of choices, alternatives, and diversity.
We could provide proof of that with other stuff. Like how Tesla is in a world where there are other car manufacturers, and is no longer the only electric vehicle neither, and yet they are still the biggest, they created a company that is so big that within less than 20 years they became the biggest car company in the whole world, became even one of the biggest companies in the world as well, they are incredibly huge. That didn't happen because they had no competition, they had competition and still went up.

Bitcoin is not the only currency in the world neither, nor it is  the only asset, and yet with all that competition we have still seen bitcoin grow this much as well. They both have competition in the field that they exist and they both grew strongly even with the competition, sometimes even growing with the competition while at other times growing in spite of competition. That is why if they were on the same field, they would still grow together.
810  Alternate cryptocurrencies / Altcoin Discussion / Re: Opinion on Cardano on: October 28, 2023, 09:38:45 AM
From the very beginning, Charles Hoskinson wanted to come up with a cryptocurrency for a corporate segment with all the regulations, but he didn’t succeed. But the coin had a good pump, and now we need to wait until disappointed investors sell their assets again. This can be repeated for a long time until the regulator begins an investigation.
Honestly, not that it is "failed", we could say it hasn't succeeded just yet, but it is not like they gave up and they are still trying. One thing I can tell about ADA is that they are hard working people and they are trying to make their best and they are using the most of their developers without a doubt, this doesn't guarantee any success but they are at least working on it.

In a world where every crypto project creator just want your money with as little work as possible, them trying to make it work even after the funding process is over and they got their money ,is a great achievement. Normally most projects get your money and then stop working all together and tell you to go do their marketing for them if we want it go up.
811  Alternate cryptocurrencies / Altcoin Discussion / Re: Buy on growth on: October 28, 2023, 08:30:33 AM
Hi all. How to buy more when growing? Today we are growing, but I don’t want to buy. Share your experience in this matter.
You are asking if how to buy but then you also said you don't want to buy? What the F? LoL. Are you confused or what? Are you a newbie in the crypto field? Then you should study the basics first and by there you will know if how to buy and know when it's the best time to buy.

There are many sites now where you can buy a crypto and you can use different payment methods, but I suggest don't buy when the price is moving upwards. That's dangerous because you can get dragged down and lose. Instead, buy only at the dips. it's not easy to wait but that is the only way to profit here in crypto. Lastly, just buy the best or the popular old coins like BTC. Good Luck, buddy!
812  Economy / Gambling discussion / Re: Do you keep a record of winnings and losses in gambling? on: October 28, 2023, 07:25:04 AM
Do you keep a record of winnings and losses in gambling? Many here will feel that this is waste of time and will also not let them enjoy the game peacefully. Do you also have same mentality?
I think there is already a similar thread like this. However, I will still answer that I am the person who records the wins and losses of my gambling activities. Maybe for some people this is very inconvenient because they have to record it in excel or their notepad, but I personally think that it is not a hassle at all because by recording my wins and losses I can see how my performance is.
And not only do I record wins/losses, I also record expenses for each game I play and at the end of the month I sort it in Excel to see how much I earned and spent on my gambling.
Maybe you are referring to this?. But it's nice to hear that you are like that because I assume that you are a very organized person in each of the things that you do. It can be a hassle if you are actively playing but it can also be for your own good to know your spending especially if you think you are addicted already. Losses and winnings will be nothing without real money involved.

In my case, I rarely did it. And if I do, I only use the notepad in my mobile because I find it more easy to use and straight to the point. Doing this will prevent me from depositing if I see that I never win yet on a certain period or my losses are more than my winnings.
813  Economy / Speculation / Re: Bitcoin $5k rise within an hour plus. on: October 28, 2023, 06:04:49 AM
We aren't there yet, this is just the preparation for what is about to get unveiled, bitcoin breakout is setting in gradually and the target is aiming towards $38,000 we should be getting ready for the massive move once again sooner, there have been more to the reason why we experienced this sudden breakout, if you look as well towards the market today, it has been resisting over the bear by maintaining higher position above $34,000 we cannot predict what the subsequent days of the month will be, but as expected, the market is  likely to reach $38,000
OP wouldn't write that if we aren't there yet. Numbers don't lie. Just check the price now for you to believed it. But yeah this is only the beginning of something big. That wasn't $38k, but it is $100k or more. The reason why we experience such movement is might be to that BTC spot ETF. Other than that, people are still excited for the Bitcoin halving because we are getting close to it. You said we can not predict the market but how come you are so positive about that $38k?

But, I'm also going to be happy if we can continue to it for a while before the momentum stops. That way, we can still see an improvement after months of being in a stagnation mode.
814  Economy / Speculation / Re: Has anybody expected this? on: October 28, 2023, 05:29:03 AM
There have been many predictions that this bull season will be the biggest bull season ever because we have many big events such as ETFs approvals, halvings and, if we are luckier, it will also be when the economy enters the recovery period. All of these are powerful catalysts and if that happens we will certainly have an unprecedented bull season. There have been many predictions that bitcoin could exceed $200k or $250k for the next bull season instead of $100k as we expected.

The price of bitcoin will be higher after each bull cycle and that is why when bear season comes we should take advantage of buying as much as possible instead of waiting for further drops to buy.
250K could be a little way too over the top, I think peaking at 200k would be the highest we would probably do and I am not even expecting that much. I think 100-150k range is good and healthy enough that it would probably what we are going to see anyway. I get that it may not be all that easy and great to do but it will definitely reach to a point where it can be done.

I hope that we could get to a point where we could reach to a point where it could result with some sort of situation where it may not be all that crazy. I am not saying it's impossible though, I mean this is bitcoin we are talking about and reaching 250k wouldn't be impossible within the next 2 years or so, it probably won't happen but it is not impossible. I am hoping that we could get to a point where reaching 250k would be small, and we would want even more, but that is just not realistic at this point and peaking above 100k is the first goal that I have in mind, that's the most important to me.
815  Economy / Trading Discussion / Re: Do Not Lose Everything Youve Gained in One day, or One Trade on: October 27, 2023, 02:32:31 PM
People are greedy.

I also experienced this once, because my mindset is that if I won a trade using my technical analysis, I can win the next trade that I'm going to make with a higher leverage for an easy profit, but it's not as simple as that, because trading is not always Christmas. We always forgot the risk management and the right management of our funds and profit, that's why we always lose everything and the rage trading will start.

Chasing the losses is the most case scenario for newbie traders, trading randomly because of their frustration hoping to make profits without any plan at all.
Yeah that is definitely not an easy thing to do and I understand the logic and I understand why it looks so difficult for a lot of people. I am not saying that you shouldn't do it, all I am saying is that if you really want to do it at least be aware that you could lose all your money if you do it, that would be the most logical thing. I know that we are going to want to do something that would get us a lot of return and the greedy nature of the people could make them trade like this.

So, the middle ground is that if you really want to do it, then you should simply just end up doing it with very little money so that you wouldn't end up with losing all of it at the single trade. The mistake there was that OP's friend invested ALL his money to a single trade, that is way too much risk, there is no need to put that much money into that much risk. If you really want to try it, then just do like 5% of your portfolio into a single trade and learn the hard way that it can be gone, and all you would end up could be 5% loss.
816  Economy / Trading Discussion / Re: How much could you earn in a day ? on: October 27, 2023, 02:01:03 PM
Failures and losses had come first before we learn how really trading life is. Yes, I thought before when I began trading I could earn instantly but sadly, the opposite thing happened. I began to wonder and keep searching online and watching YouTube looking for ideas that could help improve my trading journey.
Losses and failures seem to be a reason why we should have to learn more and not just be confident about learning the basics but instead, try to work more. Our experience will be teaching us what are the things needed for us to improve and what are the things that we need to stop.
Even though we can learn from others and we can practice, we will still do trading in our own and we will use a real money. Losses and failures can come here. Trading is not as simple as it sounds or as we see on our timeline because what we can sometimes see are only the final result.

We only got amazed and rush. That is the time we realize that we are wrong or maybe we can say that we got fooled, but it was actually our fault too. Apart from losses and failures, the reason why we need to learn more is to be able to grow or improve more as a trader. I guess you guys already know what that means or what are its benefits.
817  Economy / Speculation / Re: Can it be real bull or just a temptation. on: October 27, 2023, 11:08:21 AM
I do believe that this was the beginning of the real bull market, before the breakout occurred, which got us to this very level of $35k, there was a pattern I saw on the weekly chart in which the breakout led to the previous bull market that saw us hit $69k ATH I wanted to open a thread here and discuss, but later to discover the following morning that Bitcoin already started its move and began to follow this very pattern, the next target we are going to test is $40k price level.
I think this is just a temptation of the market and not a real sign that the bull season has come. Bitcoin suddenly increased in price just because of ETF-related news and it will quickly stop if no more news is released. As for whether the SEC will approve an ETF or not, I think even if they approve it, it won't happen this year. But with what is happening showing the positive impact of ETFs on the market, I believe that if we combine ETFs and halving, we will have the biggest boom ever for the market.
I don't think so. Gone are the days that we can't pass $32k and the pattern seems to repeat but now that we finally broke it, maybe there is some change that we can witness. Anything can still happen so it's just better to not expect too much and just wait for the price to reach a true high level where we can say that the bull run is already there.

ETF news are still hot but there will be a time that people will get bored about it but maybe there are other positive news that will come in? That can make the momentum continue and we can witness a rise even at a slow paced. That can still be on the equivalent of the big boom that you are talking about there.
818  Economy / Speculation / Re: Is Bitcoin In Bullish or Bearish Trend? on: October 27, 2023, 06:38:34 AM
Let's analyze it one after the other, currently now we are in dip season, but the market is pumping and we are moving towards an exit to this if we consider from where bitcoin has started to fall continuously till we are here today, we should also know that the bullrun is not yet started, we are only having a gradual experience in approaching it, now to your question OP, we can conclude by saying we are on a bull market presently sice the market is fast rising.
Yes, we are still at the dip because we haven't go out yet beyond $31k, so I won't say that the market is pumping. What we only feel these past days are just a slight recovery. I think this is due to the rumored ETF that is expected to be approved by the SEC. If this was finally passed then maybe it can still be a gateway for something huge or like you said, it this lead us to finally exist this bear market.

I really hope so because man this bear lasted for almost 2 years now I think but I'm sure we are going to get out of it next year. So for now, just make sure you guys already have stacked enough coins to enjoy the bull run really well. You've been warned Wink.
819  Economy / Gambling discussion / Re: A Nigeria socialite went all in on this sport bet on: October 26, 2023, 05:53:14 PM
Early hours of today,  one of the Nigeria billionaire business man E money shared his bet slip online for fans to see how much he splashed on the game between Chelsea vs Asernal which already on and Cheslea leading with 1:0, this brought me to the point of asking what your opinion on celebrities staking higher amount and still be ok to publicly show it and do not feel any thing even if the ticket cut just like what happened to Drake last few weeks back.
There is no currency symbol so I assume that 5M he staked was Nigerian money because he is from Nigeria. I did some conversion and found that the amount is only equals to 6655.00 in US dollars. It was still big for a normal individual but not really big for a billionaire or a social elite like him. Maybe the big deal here is he is only publicizing his bet.

Gambling is unpredictable but some types of it like for example this sporting event might be possibly predicted with the right set of analysis. But after all, I know that the chance of losing is still there. Oh well, he must only hope for the best and once he lose the money, I know that he won't despair too much since it might only be the money that he can afford to lose.
820  Economy / Gambling discussion / Re: ICC WORLD CUP 2023 DISCUSSION THREAD! on: October 26, 2023, 05:06:09 PM
Really surprising and disappointing performance by england,

They were less then 1.3 odds pre match and managed to score only 156 runs

Sri lanka were never in danger,except the first 6 overs maybe when it was  45-0.. Insane  to think england lost TEN wickets and scored only 111 runs.. wow Shocked
Most of the time odds are trap by bookies for the punters I never consider them for any team's performance Sri Lanka were performing much better than England with their bowling and batting both were on good form, but England were having not good things from the start of this event which hurt them badly and now at the end they are out of the event after playing just five games and having just one win against Bangladesh and second could be against the Netherlands, but I have doubt in this case as well.

Few are arguing about their injured players, but I am not going to accept this statement as well because they are still going with their 90s policy which never give them any success in this format they need to work on improvement from the grass-root if they want better results otherwise they could be face backlash like this in future as well.
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