The fact is that no one in the World can predict the Bitcoin price action with accuracy. They are humans, and we do make mistakes. Many of these analysts want to make themselves relevant and in the news. Most of the time, people are just guessing about the market; even technical analysts sometimes can't predict because of the extreme volatility and the involvement of institutional investors. As far as Benjamin Cowen's prediction is concerned, $23k by the end of September was quite realistic. At least there are predictions that the price would touch $20k or lower at some point in the next few months.
That is what makes it so much fun as well, we are doing something that is basically blind throwing of a dart, and that is why it is so much sweet when we managed to hit bullseye. I had it once, I wasn't entirely sure but I had a good return and I think it was one of the richest moments in my entire life as well. I am going to try the same thing again, but back in 2020 when at the start it dropped to around 4k or so I bought a lot when it was around 6k, and I said that I will keep holding it as long as possible and sold most of it at around 56 to 58k dollars, sure I could have bought cheaper at 4k and sold higher at 68k but it was still a huge return for me without a doubt. I think the same may happen, gonna buy on the first 3-4 months of 2024 as much as I can afford, going to be a tough one for personal reasons and may not be able to do it, but I may even take a loan fi I have to and consider buying, and then hope that in a year or so it will go up to a great place and make me insane amount of profit once again. Good call on selling out those prices and able to get those 6k which no one had anticipated that it would really be bringing up a huge bounce after that dip. If we do tend to recall then tons of people or the entire community is really that even looking for $1k price bottom but it didnt really been able to go that low and afterwards then it did shoot up and breaking that $19k ATH and then goes with that $69k ceiling or peak. In that case, i was able to sell on 40k but didnt hit up that 69k yet which it did make out some regret which we know that it cant really be avoided most of the time on having those mixed up feelings and emotions knowing that this market is always been unpredictable in the first place. There's no way on knowing precisely on where it would be going and just like on what you have said that this is really just that like when you do throw off those darts and tending to hit up the bullseye. On this cycle, it is really that hard to determine on when would be the last crash or bear price before things turns out to moon again. Less that 20k? Possible or even more lower. But i do have doubts that 15k was the bottom but well lets see on how it would go. |
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Coin flipping has so much to do with luck and with little or no skill at all whereas in day trading you can't just open a position to trade hinging on luck there must be an applied skills from a long time built technique.
I have learnt a number of lessons from my losses in gambling but I can't say I can depend and work with the experiences of those losses to make profit in subsequent bets but for trade the more experience and knowledge you possess the more chances you have of making profitable trades without having to be lucky at it.
Exactly, that's their difference. Experience in luck based games (or in coin flip specifically) doesn't increase your chances to profit the next time you gamble again. Because there's no skills that can help you to win, thus regardless of what you do the result will still depend on your luck. While on trading, experience can help you to improve, this can increase the possibility to profit next time since you gained knowledge already from your past experiences. Although it is also risky just like gambling, but trading doesn't solely relying on luck. The more experience you have, means you already learned something, it could be another knowledge or strategy. Its because in coinflip all what you do there is random so you cannot really expect that there's a way that you can increase your chances to win since you need a huge luck before you can earn or have a long winning streak in this games. Unlike on trading where we can do something to increase our chance to win and we can read up some sort of current events happening and do some technical analysis so that we can see a better figure on which is the good time to execute to do our buy orders or even get some hints about when to sell. That's why this two is really incomparable since there's a lot of things should need to look forward and coinflip is just a luck based game where people got only excited to see the result when the coin hit on the floor. Coinflip is strictly on luck, how lucky we are in playing this game will determine if the luck works on our side or not by winining or loosing, we should understand games by their categories, some are not only determined by luck alone, but how skillful we appear in playing them, when we divert to trading, this is another thing entirely different from flipping coin or gambling, this is a way of making business or an investment and we choose the kind of position to take that best fit us. Different category Different approach Different dealing Different actions to be made Different preparation Same outcome- Win/Lose When it comes on dealing things then it would really be that entirely be depending on someones preference on which one they would really be dealing out on which if they would be dealing with some entertainment or they would really come after for investment or business on which risks is also there. Both things might have risks on losing money but on the way that you would really be dealing up or on what the things been needed for you to be able to get a good grasps of it then it would really be that different. The biggest gambling would on the time that you do make out some decisions which it wont really be that applying any analysis into it even if we do say we are just simply doing gambling thing but this isnt really that applicable on the time that you are really that dealing with trading. |
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If I were you, I would accept: Bitcoin, Ethereum, Monero, Litecoin, Dash, Zcash but you can grow this list and include Ripple, Dogecoin, Bitcoin Cash (BCH), Cardano, BNB, USDT. I just think that your clients will prefer more anonymous and matured coins (the first ones), so, they should be enough. For sure, you can generate QR code of your addresses and ask your clients to scan them and pay but if I were you, I would buy a small screen, attach it to a computer and I would open a page that would allow them to convert USD to BTC or Altcoins, I would also include live bitcoin transaction fees that I would recommend them to pay accordingly if they pay from non-custodial wallets like Electrum and Sparrow. If they pay from exchanges, they will automatically pay with good fee. If you want to make things digital, have a look at BTCPay Server. Agree! The more the better since people would really be having tons of options since not all would really be having that Bitcoin balance on their crypto wallet but somehow its not really that hard to make some conversion from coin to coin if ever they would really be only accepting one but i would really be that recommending on having multiple coin payment option. As for wallet then it would depending or according to preference but in speaking of security and assurance then better to make those transactions would be directly be that putting up into your personal wallet but if you do want to go with those common payment processors then its your choice. Recommendations above been mentioned with some users or posters above on which it would really be that a considerable option to take. |
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I HAVE JUST EXPAIN TO YOU MY JOURNEY OF TRADING THAT HOW I HAD LOST THESE DOLLARS.
I have started the trading from BINANACE app and I invest 1 k dollar at the start from spot while I had no teacher
i was in trainee at that time one day was will profit the other day was my loss day every month I invested in binance app from my salary
after investing these money would finish in just 4 to 6 days after that I again wait for my salary.
At the end in invested 6 k dollar at one time but there was a coin which has up from 0.92 to 14 dollars I bought this coin in 11 dollars and
unfortunately this coin dip to 2 dollars and I was see my loss in just 10 minutes.
My trading method I just sharing with you tell me where I done a mistake
1: invest in one coin also multiple coin
2: trading was at spot also futures
3.coin was buy from dip they again more dip
4.coin was sell from top they again go up
Kindly share your experience that I m doing a loss you are also a part of my problem so that I want to khow where I done mistake.
1. Invest or trade only on coins which had been that known or having that good liquidity or volume. 2. Spot is recommended for noobs and futures is just pure gambling 3. This is where analysis would kick in, if TA's shows that you are already on possible peak or already that getting left behind, then dont make yourself FOMO 4. There's no way on telling the peak and that what makes this market unpredictable in the first place. Experience? We are all inevitably be able to experience the same stuff since all of us did really come on being a newbie on which these mistakes or errors are really that common.The bad thing that you have done on here is that you had really that put or make use of huge amount of capital despite of being a noob which if you had just make out or use some small amount of money just for some training up yourself then you wont really be that losing that big but since you have done the different thing then this is where things turns out to be shit but well this is a lesson learned for you even though it is costly but its impossible that you havent learnt something from it. |
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Before answering this question, I will like to ask some few vital questions, as follows;
1. Who the children school fees and house rent? Men or Women... Men, right?
2. Who provides food for the family?.. Men, right?
3. Who pays for most of the major bills in the family?.. Men, right?
So if all these are been done by men, then how do you expect him to be economical when he has to pay for school fees, house rent, provide food for the family and pay major bills. And that doesn't mean I disagree with the fact, as women are created to be caregiver and home builder/manager.
Surely, You haven't seen a family where women earn most of their income. You are talking about most families but not all families. Men do not always make money. Sometimes, his wife works, and the husband takes care of their kids. Sometimes, both of them work and make money for their family. So, when most of the money comes from a woman, who pays the bills? It just varies from family to another family. Maybe in your family, you make money; maybe I earn money for my family. But, it does not apply to every family. If you talk like this, you are not on the right path. You have to see both sides. I am witnessing 2 families whose economy depends on the wife instead of the husband, one family is near my house and the other is my cousin's family. Both husbands are housewives and take care of the children, while the two wives are the economic breadwinners of the family. Not in every family, the man will be the breadwinner, the one who earns and spends everything. And that doesn't mean we look down on men who take care of the housework for their families. What's more interesting is the two families I'm talking about, they are very happy families and have no quarrels like my family  . There is no discrimination between wives and husbands. Gender is not a measure to say who will earn more money or who will be the breadwinner for the family in today's modern world. Exactly! Gender shouldn't have anything to do with it. In today's time it has already been proved over and over again that women can do what men can and vice versa. Gender stereotypes should already be a thing of the past. Women has fought for their acknowledge and rights to not be closed and limited by the standards and roles set to them by society and by doing so it now gives men the confidence to express our emotions more openly and show vulnerability at times. It's the 21st century! What we can and can't do based on our gender should be the least of our concerns. Even if we are living on 21st century but still this kind of treatment or mindset about women is really that still evident or could really be seen even today on which there are really indeed some society does really have this kind of insight towards other gender which women arent really that capable or something that do talks not that relevant on dealing up with some things. Speaking about economical then i could agree that women is really that indeed having that kind of mindset on making some priorities on something which is more important than on men which we cant really be able to deny that we are really that adventurous and really that risks takers on which whenever we do see some opportunity then we would really be that diving in without trying to see those priorities. Somewhat it doesnt really matter on what gender you do have but in the talks about being economical then it would really be that depending on a certain individual.Doesnt matter whether you are man or women on which it is really just that right thing you would really be that going into things which are sensible things to be done. |
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I would never chase a certain status just because I will get some regular rewards or perks after reaching there if I know that I can already enjoy what I aim for right now, with the money and time that I'm spending just to reach that rank.
That's fine because there are gamblers that really sees something good with these perks and rewards that they're enjoying. And for them to attain it, they also enjoy their way through it. What's the point of spending $5k without having any fun to reach the rank and then get $20 or $30 per week? You could enjoy more with that money without worrying about your rank.
It's like a cashback and there are gamblers that do really like to have it as a consolation so, there's a point on it since they're all for gambling and casinos do give it up as a reward for having that threshold and wager. But if you do think up sensibly about those cashbacks then it would really be just peanuts on the amount that you had totally spent out on the platform on which it is really just some sort of compliment just to ease that frustration via means on giving out those cashbacks but totally speaking then it isnt really that worth for you to catch up or something that you would really be thriving to reach. Just like been said that they are really just doing this for the sake of making those players stay or really easing up the pain and frustration that they are feeling on on the time that they do make losses with their gambling actions and it is really thats somewhat effective just because there are tons of people or gamblers who are really that getting hooked up on trying out to reach those levels. I don't know why I thought mature accounts would mean aged casino accounts but after reading the write up got your interpretation  , anyway why not call them VIP accounts especially that this is what they simply are and their incentive of all these of bonuses, rains, spins etc Otherwise in a competitive crypto gambling market, these companies need to be creative and first Shand experience shows what they have going is working to keep their customers. Competition is tough and this is why bonuses should really be looking interesting and something that could catch gamblers attention because the best bonuses and perks would really be getting the most recognition or demand and if you do skip out on making this one as a business owner then expect that no one would really be staying into your platform and would really be that focusing into those places on which they do able to get those perks. |
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To be honest, I've had this question for quite a while. I keep seeing people claiming to just hold and hold; it'll take one, two, three, or whatever years for the next bull market. However, I'm often wondering: do you ever feel tired of waiting for Bitcoin to thrive? The past few months, or the whole past year—I'm not sure I've lost track of time—have been quite stale. Bitcoin has been ranging between $25.000 and $28.000 for quite a while. The volatility compared to other periods is lower than we're used to, or at least, to what I was used to in the past.
I feel that there isn't too much excitement and this adrenaline feeling anymore; suddenly you'd see Bitcoin climb or crash; you'd be curious when it'd stop, what your next move would be, or simply feel accomplished seeing your money's value grow. Price movements are quite insignificant at this point compared to the huge pumps or dumps that occurred in 2020 or 2021.
Don't get me wrong, I'm not against holding, nor am I getting frustrated, at least not yet; I did it in the past and regretted it, even though my only source of income is signature campaigns. It's just that sometimes you can't stop the thoughts from circling around your head. I generally didn't bother to even look at it's price, but I've recently started feeling a little wearied. Perhaps it has to do with the life-induced stress that I've discussed in a previous thread. Who knows? How do you cope with waiting?
We have all had and will have times when we get tired. We are human and our endurance may be limited. We don't always get what we want in life. Our environment or ourselves constantly tell ourselves things like don't give up, don't get tired, there is always hope. We try to pull ourselves together. But we are humans, not machines. So respect yourself in every decision you make. We believe in Bitcoin. We dream of where Bitcoin will reach and we expect it to reach the goal. Of course, there may be times when we get tired while waiting, but our faith takes our tiredness away from us. In this way, as long as we continue to believe in Bitcoin, we will not be easily discouraged. Yes, we are just humans and its normal that we would really be getting tired on the time that we've been waiting for so long on which it isnt really just that limited to trading but also in other things in life as well on which it would really be just that a common reaction or emotion that you do really feel get bored specially on waiting up for something that would happen but it turns out that it is really just simply moving sideways and there's no happening at all and this what makes you think that this might really be that not be happening at all or really just that way too long and ending up on making some actions which arent supposed to be done in the first place. This is where self control and motivation would take place because if you are really that persevering about your investment then patience is one of the most important part or condition which you would really be needing to resist considering that this market doesnt move on the expectation that you are really anticipating in. Market is unpredictable and there's no way that you would really be able to predict on where it would really be going and this is why unexpected events and happenings could come along the way but there are really times that market is really that sitting to idle and doesnt really make any movements on which it causes for you to get tired on such moment and its something inevitable i should say. |
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That kind of price range could come this decade but if it does then I think it’s more likely in 2029, a year after the 2028 block reward halving. I think possibly that $750,000 to $1,000,000 per coin in 2025 or 2026 is a bit too much.
The only way I see Hayes being right here is if there is unprecedented institutional demand due to spot ETC’s being approved. Even then though it would take something like an epic run away from the $.
I think maybe 2028 or 2029 we could see those prices, if we’re lucky.
I have the same thoughts, such a performance will be too good to be true for this cycle, however such a price could be reached during the 2029 or the 2033 bull run, and that is assuming we get one, because as we know the halving effect is getting weaker each year due to the block reward getting smaller, and at some point this idea of a bull run happening some time after the halving may finally run into a wall and disappear as the cycles of bitcoin change. People already assuming that 4 year cycle would really be an absolute thing to happen whenever we do reach out those particular years on which it would really be that not really that a guaranteed thing that it would really be still happening in the future which same as you said that we dont really even know if there would really be still some bull run on near future. Somewhat as long that adoption and recognition doesnt stop then those probabilities would really be still high but on the sense that there's no way on knowing on what the future brings, then it would be always recommendable that you should really be setting out those risks management well. Only invest on the amount that you are really that willing to lose or something that wont really be ending up on devastation whenever this market would turns out to be shit or something not that good anymore. Positive sentiments like this wont really be that much a shocking thing which these fellas had obviously filled out their bags and just trying out to make some positive sentiments to drive on the price go up and then making some selling whenever the target hits. Therefore, it would be always ideal that you should really know on how to spot those kind of intents which it isnt really that new or shocking thing on this market or space. |
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Emotions is a weapon used against traders causing them to move out of a trade untimely which may eventually cost them loss. How to avoid emotions:- set up a TP(take profit) and SL(stop loss) for your trades
- Stay away from the particular trade
- Get in some activity that will keep you busy
- Do your hubby activities at that moment
- set up hours interval to check your trade
- watch tvs and Go for walk
Note:Some of these might not be applicable if you are into scalping. Emotions in trading should be kept under control, the emotions in trading matter a lot. For example, if a person is loss, then he only knows how to keep his emotions in control, then he has to do it in a way, that he needs to don't think much about the loss that he had. After doing this his stress will be overcome and he should start trading in a new way by following some new strategies this time. In this way he can also deal with his emotions, because emotions are strictly related to trading, not trading but in every field of life emotions play an important role. If you can't control your emotions in trading, you can never be profitable and that is one of the most important things. An experienced trader is never emotional rather they can control their emotions. But if a new trader ever gets into losses while trading, he can't control his emotions and gets very frustrated. Many a times people lose trading because they are not able to control their emotions and become mentally broken. That's why everyone should control their emotions before trading, only then will it be possible to move forward in the future. If one can control one's emotions later by adopting all the strategies in trading, it is possible to gain profit in the future by trading. This is the most important thing in trading when you start trading you must invite your emotions. Or simply you wont really be making yourself that progressive or there wont really be that no improvement towards your trading career or path yet emotion is one of the most common problem that you would really be able to face off once you do step your foot in the world of trading. Why? whenever that something which involves money then it would really be just that normal for a person to be really that impulsive or really that highly reactive on which its not really that a shocking thing since we are really just that humans on having that giving out importance when it comes to money.So its normal that those reactions would be felt along the way but it does really have those effects towards on what you are doing specially on trading. It would really be stirring up your emotion and in result you would really be that lost of track on the plans that you had made out earlier or simply that you do become that ending up on being a gambler on which you have lost your analysis just because you do let your emotion control you. This is why we should really be that careful on dealing up with things and would really be acting accordingly. We cant really be just having that kind of stagnant kind of behavior or having that kind of tolerance because we wont really be making yourself that progressive on the time that you would be continuing on losing just because you do make out some alterations of your own analysis. |
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Here's some statistics here in our country. 1. The Canadian gaming industry contributes nearly $9 billion in annual revenue and supports various government and community programs and services. 2. In 2021, the Canadian gambling industry was valued at $12.54 billion, with lottery sales being the primary source of revenue. 3. Approximately 18.9 million people in Canada reported gambling in the past year, with 95% of players considered non-problem gamblers. 4. Slots and bingo are the most popular types of electronic gambling in the country. 5. The growth of the gaming industry in Canada can be attributed to the increase in the availability of legal gaming options. SourceIf we do speak about contribution of gambling industry then it cant really be denied that it do really make out that huge role in terms of economic approach considering on the revenue that it generates which its not really that something new considering that this industry could really generate out billions.Although not all corners of the world would really be that legalizing gambling. |
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With hacks occurring more frequently these days, I would strongly emphasize the importance of security. Whether it's a decentralized exchange (DEX) or a centralized exchange (CEX), no one is immune. First, we witnessed the Mixin incident, and now it's Galxe. It's crucial for everyone to assess the security measures of any platform before entrusting their funds. We all bear the responsibility to conduct thorough research before investing our hard-earned money Edit: ok guys, I have gone through everyone comments and I like the fact we all understand why Security is very much important especially when it involves our assets. Like someone said in the comment section. "When it involves putting our money in BTC, we should be ready to take risk." And this is absolutely right. So, I bumped into something that is interesting on twitter which I think all exchanges should be putting into practice wether DEX or CEX. I believe with this, 1 quarter of the security breaching would be solved. https://x.com/bitgetglobal/status/1711319577714708889?s=20I also hope this would help many people who don't know how to go about with exchanges to use when it comes to security. Risk is inevitable, but let choose them.wisely! DYOR! COMMON SENSE! This 2 things would really be that saving up your ass on this risky space.If you do ignore up these things then expect on what would happen into you. Hackers would really be targeting out these platforms or any places which does really have that millions of dollars enclosed to it on which exchange platforms,bridges, wallets etc. would be mostly likely their main target. No matter how trusted or old a certain service or platform it would be but still it wont really be giving out that 100% assurance that it would really be considered to be safe. This is why it would really be that recommended that you should really be only saving up those coins of yours on non-custodial wallet. Leave or transfer only on the amount which you are intending to trade into those various platforms and then next then you should not let those coins park into those places because there's always that accompanied risks into it. |
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The past few years after COVID-19 have been the absolute worst; everything keeps rising—petrol, daily groceries, electricity, housing—to the point where you're barely making ends meet. Just to imagine, I've been looking for an apartment for over 6 months and haven't found anything yet. Not only is there a very limited supply, but those available are either too expensive, poor, too small, or everything combined. Thus, this is creating a huge feeling of uncertainty, as time is running out and I need to get settled down. Renting outside of town in the nearby villages isn't ideal either, because petrol is way too expensive.
I'm not sure if anyone else feels the same, but this uncertainty with the increasing living costs and the ongoing rat race is causing me excessive stress. On top of that, moving out of the country doesn't seem ideal either, because most European cities are also suffering similar conditions, along with an extensive immigrant crisis (see France, Italy, Germany, and the UK). I'd be interested in remote working, but the economics field I've studied at university isn't in high demand for remote working, which often recruits IT workers and generally fields that require hands-on experience. As soon as I'm settled down, I'm considering taking up a data analysis course and finishing my master's degree in order to look for more opportunities abroad.
I don't know, but each year seems progressively worse. It wasn't that bad before COVID-19; now it's the ultimate worst I've seen, and it's about to deteriorate even further. Thankfully, this forum has been a blessing and probably the only thing giving me hope, as it has resulted in me making a decent sum of money in the process. I'm yet to start looking for a job, but salaries are relatively low, despite the increased cost of living. To make matters worse, excessive weather conditions due to climate change are happening way more often now, causing floods and wildfires and destroying everything in their path. See Libya, Greece, Italy, Spain, and many more examples.
Maybe I'm stressing out too much because I'm yet to find proper housing to establish myself again after being away for over a year in the military. I'm generally an anxious person myself, but does anyone else feel the same, and how do you deal with it? How do you stay optimistic?
I relieve financial stress by trying to plan and budget as far ahead as possible. Knowing how your money is being spent, at least roughly, is essential to a brighter future because chaos will breed erratic behavior. Having a bit of flex and buffer in the budget also helps too, so you're not too strict with your spending which can take away a lot of the fun in life. You also need to be poised to take advantage of certain situations, like special offers or even deals which can pop up out of nowhere but offer a lot of benefit. Being careful with your day to day spending is super important, as one or two wasteful spending activities day to day - like expensive takeaway coffee - can eat up a lot of cash which may be better to invest elsewhere. Proper planning and proper management and set out back up plans. These are the things which you would really be needing into because if you do find yourself that being impulsive on a certain situation then it does signifies that you arent that really get prepared for that or you arent aware of the probabilities could happen. Living in a world like this which does involved that financial stress because we are on day to day spending and needing to deal with those expenses that we could have and this is why on the time that you do see some shortage because of unexpected situations and turns out that you dont have that financial back up plans then this is the time that you would really be starting to freak out. Handling out yourself in regarding into this moment is never been simple. You would really be that simply get irritated just because you are stressed and really on panic specially if you do know that finding up some financial backups is never been simple. We know that every problem does have its own solutions and this is what we do really start on trying out to assess and look up for possible solutions and make things everything all right or back on track. Challenges in life is inevitable but doesnt mean that you should just simply surrender. |
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I think Hal really knows what's about to go down with Bitcoin that's why he is one of the pioneers and as a contributor, and so he is well aware of what could have been the price in the next decade or so and he did that prediction.
Of course, there are a lot of predictions as well in the next coming years that we should take with a grain of salt. But coming from a legend himself? really not hard to see that we might in the future hit that price point and all we can say is that Hal is correct.
And this could be the very first prediction as well.
Prediction would always be that a prediction and there's no guarantee that it would happen but basing up on how he had predicted about the potential of Bitcoin then it did really shoot up its price and for sure that even himself didnt really anticipate that it would really be that so fast after a decades time but speaking about $10M then it would really be that on unrealistic side of things. Let alone those $1M or $500k predictions which some people had already been saying. We are all speculators on this space on which it wont really be that so bad on having those kind of approach in speaking about numbers be spoken out. Whether it would happen or not in the future then there's no way that we could really be able to tell because the main factor which make things possible will be depending on the demand and recognition itself. If you are really that coming after for the tech and not on investment then for sure you would really be that accumulating coins as much as you could and wont really be that minding much about on the money that you could make or profit but rather you are accumulating just to show your support into those revolutionary tech that has been created. |
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However, the return if you win is way more than what it usually worths, so putting that time for either more than what it worths or nothing is a type of gambling you are doing so to speak and should be considered relevant to the business.
As an artist you feel happy if you work is considered by the team giving you rewards for the same but definitely I would say the quality of artworks has really gone up in all those years with this new category based contest from past few one's is really helping to gather more talented people among us.So winning is separate part but we should be creative and put our best efforts. Being a participants is already a Win for a true artist because they are just sharing their work of art no matte if will be awarded or not. the award is just a Bonus I believe they are more happy if being recognized about their artworks. I am looking for more great art presented this October and hope that there will be more than this september . You don't seem to understand how artists pit their prestige in art contests with various kinds of creativity, awards are a form of respect for their art, who says an artist only shares in contests without caring about awards that shape his reputation for the better. Maybe for some people dabbling in contest art is a great thing, but for true artists who have popularity it will be a different view, they are not just experimenting like beginners. IMO I think if a true artist just wants to share their art, they don't need to do it in a contest. Whether we do like it or not on which everything would really be that basing up or in the intent on winning that prize money on which they arent really just that getting that recognition or being famous but also they would really be able to get that chance on getting those generous prizes with ease but it would really be that according into those participants on which we know that there are ones which are good and excellent and there are ones who are really that mediocre when it comes to this matter since not all would really be that an artist but thriving to participate and crossing out their fingers to be included on to those who would really be that selected.True artist doesnt mean that they would really be just keeping on making some drawings specially into non relevant times and this is why this kind of event would really be the perfect situation or spot for them to showcase out their skills and their talent when it comes to art. Each person does have their level of expertise when it comes to various things which there are always that who do sit on the top but doesnt mean that average ones wont really be participating. |
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Trading is most times profitable and sometimes challenging to traders, but it can ruin you just as gambling if you don't know how before venturing into it, I have had a handful of terrible experience while trading and I discovered that it can return you to square one in terms of your finances if precautions is not taken.
Though am a better trader now, but I still thred with caution, the best way for newbie to navigate their way in the market is to buy and hold, then sell when the price goes up.
When it comes to future market, newbie should stay off because it's for experience traders, even if you run a poll of people to tell of their experience in trading in this forum, %80 of people will rule out trading as a no go area based on their terrible experience while trading.
So newbie, stay of trading futures if you know nothing about technical analysis or fundamental analysis for not to be ruined.
This piece is very informative, newbies should try as much as possible to learn more about the crypto space before embarking on futures trading, Spot trading is better for newbies actually. Though in some occasions where you use exchanges that has copy trading you can utilize such opportunity to blend in with other traders, but copy trading is not available on all exchanges and that’s where the issue comes in, few exchange like Bitget and some new exchanges that are just coming up has it as well. Starting with spot would be always be the best choice on which it is really just that something that you must really be your starting line specially if you are a complete newbie or having that zero knowledge and it would really be just that a suicide if you do consider yourself on stepping into futures trading or scalping because you would really be needing to deal with extreme volatility in short time period and this would really be requiring that suffiicent knowledge and skills towards trading or else then you are just basically gambling on something that you arent even sure on what you are doing. Mistakes and errors are common though but doesnt mean that you should really be tolerating that because it would really be resulting into devastation with your finances and this is something that we must avoid. Trading could really indeed ruin you if you wont really be making yourself that careful but we know that losses are inevitable and something that could really be able to make you learn along the way.It is really just that it would really be needing up that proper planning and learning things along the way so that on the time that you would really be staying up and keeps on dealing with this market then you do mold yourself way more better than on those previous days or months that had passed. You are right mate! Spot trading is a good start up specially if you are a complete noob. You do see that volatility isnt something as severe comparing when you do deal with futures and also not all even experience traders do really that become successful on this field on which it would really be that normal that losses would really be inevitable and something that you would be able to encounter. One of the risks that you would be facing within this market is always pertaining about moving prices on which volatility could neither be your enemy or could really be your friend.If you do see that the market would really be moving on extreme manner. Stopping trading would be your best choice and having some break and try to reassess the situation and find out whether it would be worth on taking a step forward or would really be just making yourself that stop for a while until things turns out to be normalized again.It would really be just that normal that you would be needing to take up some step for you to be able assess the situation and would really be able to do things accordingly. |
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When we gamble what we are looking after or expecting is money which is [profit] and when buy bitcoin and invest what we are looking after is [profit] and when you so many people they skip bitcoin investment to gamble and some uses very big amount of money to gamble whereas the same amount of money will achieve some fraction in bitcoin investment. So I come with this question to know the thing between this option or words I presented the one that done you more harm, if bitcoin has done you more harm during the times you invested in bitcoin you can tell the public and if gambling has done you more harm by losing in gambling frequently you can also tell the public.
But for me I think gambling is the one that done people more harm than bitcoins investment, because almost every day people gamble with different platforms but its few of people that invest in a day or weekly, I will like us to discuss these.
Harm with Bitcoin investment is something that having no sense. Why? As long you arent selling on loss then the harmful effect isnt really something that could be possible.Those are just unrealized losses but as long you do hold up your position then it wont really be consider to be negative and since we do know that this market is really that having that potential specially with Bitcoin then it is really just that more worth compared to gambling if we do speak about profits. Come to think that Bitcoin investment and Gambling is for entertainment on which there's a significant line in between things. Totally depends on whats your approach towards Bitcoin investment whether you are really treating this as some sort of gambling or not. We cant really deny that risks is there whether you are involved with investment or gambling they have both risks.It is really just that they do really differ on risks level and it is really that something that you should really be needing to differentiate or else then you would really be finding yourself on big trouble if you cant really be able to differentiate between things in both things. More harm would really be just that devastated or something that can be felt on the time that you dont really make out some good decisions towards it or simply handling it well. |
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I think now is the time to buy, we can still get opportunities at cheap prices, to get big profits of course we have to be patient waiting for the halving day which will occur in about 5 months, many experts believe that when the halving day the price can reach at least $100k, it might sound difficult to happen when looking at the current conditions.
Any time that bitcoin isn't surging continuously for weeks or days is a good time to buy because this time of bitcoin prices wavering between rise and dumps would be an opportunity in hindsight when bitcoin finally gets to a new ATH and there's also the possibility that when the new ATH will happen, bitcoin might increase it's price floor and this 27k USD won't be seen ever again. It's not difficult to see because we've seen bitcoin touch 70k last time so it's not that difficult to wrap your head around it. Yes, but on the other hand we also have to see where the price of bitcoin is, and also by using some clear analysis to predict, if it is possible, or simply bitcoin is in the support phase with confirmation of several other indications then that is the right time to buy before finally going back up. Buying when the price is cheap and selling when the price is at the highest resistance point according to your analysis is quite simple. Of course, over time, bitcoin will continue to run to reach a new ATH, and well the lowest price will most likely change, it will not always be at $27k, but higher than that. So the point is to take advantage of all the opportunities that come to you, look at it from various sides and if you are sure then you can start by implementing the planned targets. On traders who do really likes to deal up with the market on active manner then they would really be that risking up their positions whether selling on profit and buying when its low but the main question is, WHEN?. Good time to sell would always pertain on the time that you would see that you had gained on your initial purchase price and sell it out on certain % on which you had set. Some doesnt really like on small gains and this is why they would really be deciding on holding a little bit more longer for more profits but without even trying out to realize that if you are that active on selling and buying then profits is much more huge but not all does have that kind of risk appetite and this is why they are really that deciding that they will really be that holding instead on dealing with the market actively. Success on trading would really be that definitely be that depending on how well you do be able to handle yourself within this volatile market.Not all would really be that good nor capable enough on doing so on which outcomes and results would really be that entirely be different to each other. This is why you should really be that wise on taking up decisions on which path you would really be taking because not all would really be able to succeed and this is something that you should bare in mind. |
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no one who gets into gambling knows they can get addicted because most people think that their control is that strong that they can easily quit but in reality, those that's more confident that they're not going to get addicted are the most likely people to get addicted.
No one would ever thought about been addicted to gambling from the start of it all, but if we are very sensitive enough, we will also know that there's an indications that is giving us the signal for strange habits or behaviors in gambling which we often don't take with serious till everything turns to what is now obvious and called addiction, therefore, we should be sensitive to how we gamble, the way we did it and the things that involves through the means at which we gamble so we can know if addiction is setting in or not and we must not be reluctant in taking a disciplinary action against any form of addiction. I agree every gambler should be sensitive or else the demand is at a level where it becomes difficult to restrain yourself. Therefore you have to prepare yourself by trying to understand the various harmful aspects of gambling addiction. Addicts often don't want to think about it or don't remember it instead of this habit you have to prepare yourself by analyzing the symptoms or the reasons behind the harmful effects. At least I have to come to the conclusion that I want to quit gambling. When we are gambling, we shouldn't just be involved in everything if we already know some of our personal weaknesses, we should set boundaries to things we should do and the ones we shouldn't, every of our actions must be deliberate, we are not to be a frustrated gambler who got into the mess because of his actions and inactions, we should also consider what's best for ourselves and work towards getting them for our own benefits each time we are gambling and not that we gamble the same way other people do and end up regretting. * Set limit * Know your boundaries * Know your priorities * Play for fun/entertainment * Play with your extra fund * Dont get impulsive These are the common points which you would really be needing to think off if you dont like for gambling to mess up your life because this is where usually people do really end up on which spending up the money which arent supposed to be spent up and later on whining and crying basing up on what they have done on which the damage had already been done and its already that cant be taken back but somewhat it turns out that everything would be fixed up slowly and this would really be a costly lesson learned for you. Getting too far basing up on your actions just because you do really make yourself that greedy being that too hopeful on becoming rich without even trying out to realize on what are the impose risks behind it. |
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If you have plans to start a dream business that requires a capital of $20,000 and you were able to make a savings of $15,000 which obviously isn't enough to start up the business, what would be your decision or advice?
1. Invest the $15,000 into a smaller business hoping that the returns will yield the remaining $15,000 in a short period. Note that this has the potential of failing and wasting the already-saved $15,000.
2. Keep the $15,000 while doing other work that will yield the remaining money over a long period.
Would love to see your input or a better suggestion apart from the ones I pointed out above.
N/B
This is the typical situation a friend finds himself and we are just brainstorming in what best to do.
The decision process may actually vary depending on the earnings and growth potential of the targeted business. If the main target, which is the growth of the business is a process that will take time but provides earning potential, the missing amount can be completed with debt without applying both options and the business can start operating as soon as possible. Although this option doesn't seem to make much sense at the moment due to debt interest rates. It would be a good option to speed up the process depending on the earning potential of the business. On the other hand, if it is possible to quickly amortize the investment made with existing capital a smaller business can be established beforehand and capital can be collected for the planned business with the income obtained from this business. Additionally, depending on the earning potential of this small business additional capital can be obtained by selling the small business after the establishment of the planned business. While both of your proposals make good sense and are actually good ideas, I'd go for the second one in this context. Starting a business by accumulating debt to make up for the missing amount needed to launch the business is never a good idea, specially since we are talking about a start up business wherein the earnings and growth potential is still unknown. Now you may argue that we can predict it based on research and asssessment but that will be another risk that will be on top of accumulating debt. Instead of having to rely on debt for the missing amount, why not find someone that will be willing to invest on the target business? With this option we wouldn't have to owe someone anything to launch the business but instead have an investor. While of course this is just my opinion, I'd love to hear your take on this. Getting some partnership just to patch up to those amount that you are lacking wont really be that a bad idea if you are really that in a hurry on building or launching up such business on which you could really be possibly be able to get some possible partners in business but it would really be entirely be depending on the business idea since not all would really be that just simply agreeing on funding up some business or having partnerships on something which turns out to be that not that in demand or the interest is really that low. Investors or business partners wont really be that too dumb not to make out some studies first before putting up their money into some business with along with other co-business or investors and on the other hand on which there are people who dont really like on making partnerships or corporations but rather they would really be that preferring on being sole proprietors rather than on having multiple-owners on which i could say that it do really give out some headaches on some matters and this is what i could say basing up with real experience. This is why it would really be that always important that you should really know on how to make yourself that handle when it comes to this aspect and never ever make yourself do make out rush decisions because we know that capital or money isnt something that easy to provide. Basing up on the situation above then its better to avoid loan or borrowing money and if partnership isnt your genre then better to save up and wait for the right time. |
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Don't mind any cryptocurrency signal people, they will tell you that they have 80% accuracy in signal of bitcoin and any other cryptocurrencies...
I wouldn't say, "don't mind any cryptocurrency signal people", I would say that those reading them should sieve through them. That's the way I follow them. Whenever there's a hype on any project or trade, I don't FOMO. I don't see it as the last thing before the delicious Nigeria Jollof, I take my time to check TA on that. I believe no single person can rightly hold the market by the jugular. So, I want to see what they've in alignment with the little and limited knowledge I've too. If they say to buy but my analysis says sell, I stay out. If they say buy and my analysis says buy, I take the trade and then wait for the outcome with a SL entered. Verify for yourself or on everything on the time that you would really be receiving those signals.Its true that it isnt really that bad on snipping out some other signals out there specially if you do really see for it to be interesting but of course never ever make yourself do forget on making out some attached-analysis of yours when it comes to others analysis on which you could really be able to see if it does getting inline with yours or totally going the opposite side. Decisions would be made would really be still that entirely be depending on you because not all would really be that having on the same thoughts on a particular TA on which it would differ and its always been ideal that you should really follow your own analysis rather than dumping it out just because you've seen others TA or analysis on which this is situational because its impossible that you cant really be able to determine whether an analysis made up by someone is far more better than yours on which it do really comes to a point on creating that kind of emotion and thinking that its better to follow his than yours but this is on rare scenario basing with my own experience because i do always stick with my own and making having no regrets even if it would be ending up on south. |
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