~snip~
Because a lot of beginners want to make money Everyone wants to make money, but nobody is ready to shoulder the sacrifice. Start by learning and knowing what you will be good at because many people don't even know what they will be good at. So when you decide, you can start trading gradually when you have the right knowledge. then that way it will be more interesting to be able to make more money when you know your fingers.
Starting gradually and learning from the beginning is quite difficult for some beginners. they just see it instantly, want to get benefits directly without the complicated processes required. In fact, many people ask me how you can get profits directly with minimal capital. it is even a stupid thought for beginners. I didn't even make a profit even though I had been trading for quite a long time. all require a long process, not just once or twice, even many times to get consistent profits. Trading is not always suitable for beginners, there are some people who are only suitable as long-term holders who are safer from the risk of loss. This is inevitable or something which you would really be able to encounter on which it would really be that normal that people or newbie traders would really be able to encounter on where problems and challenges is something that you cant really be able to avoid. The best advise would be that you should really be that following is that you would really be needing to sustain and just learn up all the things that you do able to learn along the way.Its had but doesnt mean that i would be no sense, real learnings could really be acquired through trading experience. Just dont make yourself greedy and not really that trying out to achieve something which we know that its really that hard considering that this market is really that unpredictable. Be versatile and be that realistic when it comes on setting your targets or goals. |
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-snip-
Greed is our dearest enemy once we are in gambling. Cause it is proven and tested by other gamblers that once we have a big balance in our bankroll then sometimes greed will take over us and also when we let it take over us then there's a chance that we will loss our money cause we will put a big bet aiming that we will win big amounts without knowing that we will slowly loss our balance and sometime our balance will become Zero if we can't fight our greed. So it is very important to fight our greed in order to prevent more losses.
It is true that greed is the thing that most often misleads gamblers - especially when they are experiencing a big win and see a lot of money in their bankroll, usually gamblers will be tempted to play again and again until their desires are fulfilled. For some gamblers, maybe they can control their greed, but for many gamblers they cannot control this which leads to their losses and even serious bankruptcy. And because of this, it is important for gamblers to be able to set limits on their gambling and consistently adhere to them. Even though there are several opportunities to play more, gamblers must be aware that this is greed and do their best to fight the urge to play. Another issue is that gamblers begin to create elaborate theories about why they got lucky this time, and as such they come to believe they can control their luck to some extent, and that is what makes them take huge risks as they think that things will surely turn on their favor this time around, only to discover that they have been mistaken all along and that now they lost an amount of money that is putting in jeopardy their future, and other than to complain bitterly about the casino, there is not much they can do. Adding up those patterns or strategies is a never ending thing because on the time that they do make out some winning, then everything which they have done or wear into that particular day will really be tending to connect it out about on which this would really be a never ending kind of hunt into someone in speaking about creating some strategies and other things on which we know that this would really be that making out that kind of desperation on where they will really be that tending to stick into that kind of strategy and do really make out to make it work no matter what. Greed what pushes them to play even more, on the time that they would really be that desperate or on the time that they would really be having that kind of confidence or boost up of emotions on which this is something that will really be pushing up even more. They would really be making that mistakes all over again and again and this would really be a never ending story into those people who are really that seeking on being profitable. |
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After knowing what being jealous could result to, I hope we would keep our mouth shuts and keep up with out anonymities during and after the bull-run.
Silent is safety wise
I remember that same thing happen during the last bull run, a lot of crypto influencers goes to tiktok and flaunt their riches as if they hit the jackpot or lottery and I will say that they are really take arrogant. But for true investors or who has been in the game before, I would say to just stay quiet, no need to brag it in social media or to your friends or cousins or whatever on how much profit you made. That is the sign of humility as well as a individual. So let this be a lesson again, as we are in a bull run already and there could be profit taking already. Just be silence and just thank that you have blessings coming your way and then enjoy whatever profits you make with your families and love ones. Yes, there are some people who share their gains with others through which they get pleasure. I don't think all of them did that jealously. But I would like to point out them that just because you might make a lot of profit from a trade in the crypto market doesn't mean you haven't lost there or won't lose in the future. So before you proudly tell someone about your profit, take a good look at how much profit you have. If the matter of gain is not disclosed but kept within the family it can surely calm a person down. There is nothing happier than enjoying a share of the profits with the family. It is a different story if someone is sharing their gains to encourage someone else. \ Of all the loses that you have made and then suddenly you do make out some profitable trades then this is the moment you would really be considering yourself that having that kind of boost up or reaction on which it might really be resulting for you to have that kind of share up on which it will really be not be putting up into your mind that it is really that something risky for you considering that you are exposing yourself into that potential problem in regarding about security on which we do know that this is something a safety hazard and also not all would really be happy on what you have achieved. There's always that has something to say if we do speak about those things on which we know that this is something that would really be in default i must say. This is why it would really be that best that you should really know on what you are really that doing and not carelessly exposing on things which arent supposed gonna to be exposed. |
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But i'm interested in the actions of those who bought their bitcoins more than 2-3 years ago and sold them now or are still hodling them
How did you find the strength and patience to resist this temptation? I sold what I needed at a price that suited me at the time. I have actually been quite lucky to always do it between $71-73k. If I don't need the fiat, I don't really concern myself with the rest of my holdings. They will stay as they are. I am strong willed, so I am not going to touch the coins that don't need touching. Same here, on the time that Bitcoin price plays around 71-73k then also im really that in need of funds then i have considered myself on snipping out some profits that i had made since i have been able to buy on cheaper prices. My port is really that been divided on which there's one is really that intended for long term holds, and the other one is really that for short term. Set goals or profit taking levels on which this is the best approach you could have. You wont really be able to feel up some regret on the time that you do see the price did make some deep correction on which the primary thing that you would be having in mind or those thoughts is that you would be telling to yourself that you should have cash out or converted or sell out earlier. It would really be always that just depending on how someone would really be managing themselves on the time that they would really be selling or holding. Emotions is one of the most common factor on which it do really affects out decisions that would really be made on. |
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What would make a government to rebrand their traditional currencies just to edit some graphic designs with excessive amounts of money bills involved to execute such project that doe not mean to brings more values to the currency neither does it boost the economy level of the nation?
Meanwhile such is been an undeveloped country which the implemented bill for such valueless project is big enough to create infrastructures with the potentials of building the masses with valuable skills and otherwise a national financial revenue.
Do we assume it is still one of the money laundering strategies that the government intentionally creates loopholes in other to steal the public funds? Because even after the implementations and execution of Such projects, the same governments clamours that the nation has run out of funds after giving accounts of those irrelevant executed projects.
Very rampant here in our country on which it is one or included into those most corrupt countries on which its not really that shocking anymore that these government officials or to those who are in position would really be using up their power to take advantage to get that huge chunks specially on peoples taxes on which making out some projects which ended up on sub-standard because of trying out to slice up some part of the budget on which it causes up for those development to be ended up on be in poor quality or built. Its not something new anymore but is there something that we can do? There's none. No one would really be able to stop them not unless if the administration would really be completely changed up with something leader which isnt that corrupt and trying out to handle up well everything into his vicinity. It is really just that sad to think that tax payers are the ones or simply the people or citizens cant really be able to benefit out on those taxes that they had been able to pay up. Well thats how reality works and there's nothing we can do about it. Agree into this one and i would be pin pointing on where they are making some huge money.. 1. Destroying fine road and reconstructing it 2. Unnecessary travel funds without clear purpose 3. Lottery easy winners 4. Departmental budget overprice on units and other supplies and many more... I think we are living on the same country. Which country you are from? It is really indeed true that it is really just that truly sad that taxes aren't that able to be put up on the right way. |
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Just like been said or mentioned that you could be able to track it out into your deposit page history on how much you have already deposited. If you do find out that you are already spending up too much then
its not that bad to consider on stopping out completely and its true that there's no way on tracking your spending with those overall wager since this is really that between those bets you have made.
Its not something a precise number that you could really be able to look upon. If there's no way that you could really be able to see on how much you have put up then you could always ask to support.
Just like been said that it is really something in default that most platforms are really showing histories on every activity you do made.
So it is being useful only if you keep balance on a gambling platform. I mean when I deposit an amount, when I see I have already lost a significant part of it, only they I should stop. Looks strange. What is going to change if I get back in few hours? Will my "luck meter" reset? Call me narrow minded, but I still dont get how tracking can really help. The only think I would gladly track is time. Sometimes I get so excited, that 30minutes turns into hours. As I usually gamble before sleep, long sessions turn me sleepy next day. People don't do that to get help or anything, it's just that people who gamble for profits and to earn money from gambling keep track of their stats, how much they have deposited, how much they have lost or won in a session, and they keep those stats so that they can evaluate their gambling activities at the end of a month or a year, etc. It helps you realize how much money you have won or lost during that period so that you can manage your activities based on that in the next period. Responsible gamblers or people who gamble just for fun would barely care about the stats or anything because they aren't gambling to earn money and the budget they use for their gambling activities is always limited and they can afford to lose it. So, they don't care whether they lose or win at the end of the day as they will start their next session with a new budget anyway. Tracking their gambling expense or their activity is really considered good specially if you are someone who is really just that playing on a certain amount and lost of track because you have enjoyed the game but since you are on the losing side then you would really be able to ask out on how much you have total lost already which is really that unlike into those people who are really that trying out to play and tending to make deposits just because they've seen that they are already losing and tending to recover up their loses on which this is something which could lead up into disaster. This is why it would really be better that you should really know on how to handle up yourself with your gambling activity on which you cant really just that make yourself that having that lost track on how much you have spent because you might not be able to wary not until you've seen yourself that messed up your finances. |
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Using a demo account is a common practice nowadays. Before it was like a real thing that you have to experience everything with plain cash and you bear the losses that comes from it. But this time, you can have these tests and trials for your own convenience whether you think that you'd be good and you'll be able to make some real money afterwards. So, it's up to the trader as a beginner on how he's going to see himself and judge based on what he's got whether he's good or not yet.
You're right, it is a common way to use demo account but not everyone wants to try demo account. Some people prefer real trading, they can get the basic information about trading through YT video. However, it is always using small funds when it is the first time trading. This is also the right way, people want to get real experience in real trading. If they use demo account, they won't get real experience. However, it totally depends on the individual of the beginner whether they think demo account is needed or not.  Yes, no doubt that there are newbies that want to do it with real trading and that's why they're all good with losing money as they start because they have no control over it. They are learning on a quicker phase if they do that and that's the reason why they're doing everything they can as they keep up with how they're building their strategies when they start. Nothing wrong whether demos or real money, the important thing is you're learning and trying to be good at it. Everyone starts on being a noob on which it would really be just that a common approach that they would really be having that kind of mindset on trying to fast track on everything because they are excited on making money or making profits with real trading, until they would really be able to face up the real thing on the the that they would really be able to experience that harshness of this market. Everyone starts on being a noob. We cant really be able to tell whether this one is good for them or not, you wont really be able to know not until you would really be trying it for yourself. We do start on being a noob so it would be a normal approach that we do believe that it was easy but in reality its never been that easy and this is where you would really be making out adjustments. One things for sure that its never been that easy for you to deal with. Its not something that you cant be able to handle or get it directly or a short time period. So it would really be just that normal that there would be those wrong assumptions from the start. |
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I would say yes, it's becoming more attractive in this recent years if you check its performance over the couple of years and comparing its performance with Gold existential, and if you think of the market cap and what the price would be if it eventually reaches the market cap of Gold, and furthermore, if you look at the monetary problem that Bitcoin have come to solve, and its true decentralized nature and the fact that it is deflationary, no one would ever kick back at Bitcoin, So I believe this is what institutional investors have come to realize about Bitcoin and that's why we've beginning to see more interest on Bitcoin institutional side.
There is no doubt that in the shortest period of Bitcoin existence yet it shows how this grows high in those times comparing to Gold that has been here since our existence , if bitcoin can reach that high then how much this can be in the coming future? I will keep trusting bitcoin for the next decades of my financial freedom and investing. We cant really be able to blame out those investors who had made out that kind of positive insight towards Bitcoin in compared to Gold. If we do tend to make see the charts then no doubt that Bitcoin would really be having that kind of good value and really could be making those investors would really be that interesting on making some switch up but eventually when it comes to security then i would be still preferring Gold but well, why would really be needing up to choose if you could really be simply be able to invest on two things if you do have that funds. You are the ones who would really be making such decisions as long you do have the money then you could really make out some investments and this is something that you would really be having in mind and it would be a matter of choice. We cant really be able to deny that Bitcoin investment is really that moving fast in compared to Gold then it would really be just that best on choosing on what investment is really that something depending on you. |
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Its a positive sign for crypto market that Btc surpassed $72k milestone but do you realize that top altcoins are in trouble? I agree those top altcoins were also pump but not that much what they had pumped as well as recorded ath in 2021 when btc price was around $67k something. Now what is happening?
That's pretty normal, no? They were at their ATH before and it takes quite some time to go back to that price range, if the price is lower than ATH that doesn't mean it's in trouble and you are pretty sure just overpanicking over normal stuff in cryptocurrency. Stuff like Doge was raising because the influence of Elon Musk but now once the hype is declining then you will see the "real" price there. Just wait till halving to see what happens next. These kind of words or sentiments are common from those people who dont have that much experience towards the market. They didnt make out some realization that if you do tend to look at on the current prices then everything is really that declining on a bear market and there's no exemption to that specially into those old top altcoins which they had dropped down their price in compared into their ATH on which it is really that a normal thing. Its true that this market does have its cycle and we might be seeing that correction is on negative but once the market would really be having that shift then we would really be seeing new all time highs. Top coins are in trouble? No one really knows and this what makes it even more harder to make up decisions. This is why you would really be needing these kind of considerations on the time that making up some investment. It would really be your choice which on what are the decisions you would really be making as of this moment. |
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Indeed, all gamblers definitely want to win more even though they have already won. This has become a common case, I am sure that when you or I win, there will definitely be a feeling of wanting to win more, it's just that we have to be able to get rid of that ego, cashing in winnings is a smart way of gambling. It's just lucky if we can win again after getting the victory we already got, because most cases that happen with things like that will only end in defeat, or losing the winnings we've already got.
In my opinion, this happens a lot to beginners who are new to gambling. but not only that, I also think this happens to gamblers who have been gambling for a long time, because every once in a while they might lose control of themselves with the gambling they do, perhaps because they can't accept losing more often than winning. Gambling done with emotions is not recommended because it will only make us lose more money.
Everyone who has won their bet from gambling of course still wants a bigger win on the bet they played and it will be difficult for some people to resist this desire by withdrawing the winnings they have obtained. Of course they will continue to bet in the hope of getting that win. even bigger, but it is very unlikely that they will win again and some will even experience defeat again after returning to play in the hope of winning. It's not easy to resist continuing betting in the hope of winning, especially if they have experienced many losses before, of course they will continue betting in the hope of getting a bigger win, so it's important for us to keep control of our emotions and greed when betting. so that we can enjoy the winnings that we have obtained, because often those who are greedy when gambling find it difficult to win the bets they play. On the time that you are winning up on gambling then it would really be that so hard for you to quit up right away or you would really be making yourself that quit up completely or call it a day. One of the main reasons on why gambling industry is really that profitable just because gamblers are highly impulsive when it comes into their emotions on which they would really be always having that kind of approach towards gambling. If you are someone whose really that treating gambling as some sort of income making or could make you rich then you would really be finding yourself that desperate and this is something that should really be avoided in the first place.Dont make yourself that delusional because on the time that you would really be having this kind of approach then 100% you would really be messing up your life with it. Gambling should really be just that for fun and not something that you could really make it as a source of income or making a living with it. There's no way that you could really be able to make yourself that to happen. It is really just that for leisure and dont expect something else from it. |
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Money and education which one of these is advisable to achieve?
They constantly say education is the key to success but in my country today many graduates don't have a job, and most of them are still fed by their parents, and that's not the way it's supposed to be.
And again they also said money is potency and fondness. Yes, money is power even if you are not a graduate or you haven't been to college before and you have the money you can even employ a graduate to work for you.
Presently now in my wonderful fatherland NIGERIA 🇳🇬 I can see the power of money.
Please any advice?
For me whichever one that comes first is good, education is an excellent way to prepare yourself to adapt with other people and be versatile in all ramifications, education does not guarantee success or money, there are many people that are not educated in school which everyone refers to education but today most of this people are among the richest in the society, I can only advise everyone to acquire knowledge through mba or any other aspect of education but it shouldn't be seen as a criteria to make money. I agree with you that money is power, when you are rich you will be respected in the society, even though those money was not made through a legitimate means people don't care, humans recognise riches and set high standards for rich and influential citizens. In the country you mentioned which happens to be my country, the politicians and dubious business has made money to look like is a do or die a fair and once you don't have money you can be disrespected and sent to run an errand since it is the only thing you can offer. We might be able to see someone who do lack of education but ended up on successful compared to those who do have but doesnt mean that it would be just right that you would really be making it as some sort of inspiration because not everyone would really be taking up this path would really be ending up to be successful. This is why it would really be better that you should really be having that education at the same time you would really be thinking up some side activities which might cause up for you to have that potential income while you are still schooling or having that finishing up your course. Nothing beats out if you are someone who do have that educational attainment because when it comes to learning and awareness then you do have the advantage. It is really just that because on what we do live in a world today where there's really that lack of sufficient job vacancies then tons of those graduates ended up jobless. This is why you would really be trying out to find for other things on which it could be giving out that kind of opportunity to make profits and this is why others would really be going into those options on which we didnt expect for them to do so. Its a matter of risks taking and a little bit mix of luck for you to succeed out on particular careers that you are trying to go into. |
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Doing forex trading as a hobby will result in big losses. Because most likely it will end in loss. So, how can a hobby be called a hobby if it takes the money he has. However, forex trading can be used as a hobby if one has skills in it. He definitely has a reason why he likes doing it, and the most reasonable reason is that he always makes a profit there. Which means, he has skills in that matter.
Many people get stressed just trying to trade forex, so I don't think it's a hobby that can be done for fun without having any skills in it.
Its not a hobby but rather its a some sort of side job even possible to make it as a source of income if you do really know on how to make yourself that be able to sustain on predicting market. We do know forex/stocks/crypto is really that giving out that opportunity for you to make profits if you do really know on how to play with the movement of prices. It do really just that differ on the assets or currencies that you are really that tending to trade on but pretty much sure that this one isnt really that can be considered as hobby. You cant really just that make yourself that dealing up with moving market as if it was a game or something that do talks about for entertainment. This is why its not really something that you could really be having that kind of approach. So it would really be just that better on having that kind of treatment and not really just that something for fun. Trading is never been fun in the first place, guessing on where prices would go is never been that enjoyable. |
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Is this the wrong advice? A friend of mine took over his father's company because he is so old already and he told me about the money thats available doing nothing in the bank.
I told him to think about investing that money if he wants to keep the company growing, I told him about how MicroStrategy is doing so well using Bitcoin as a strong backbone of the company, I believe that even a small company can turn big if they use Bitcoin as their main investment.
Or am I wrong? I need to know if this advice is a good one or a bad one, I gave him this advice because we are very close and also because I will do the same thing if I am in his shoe, this is the best thing i can think of right now.
Just tell him if ever he would decide on making some investment in Bitcoin then it would be always that recommended on investing on the amount that he can only afford to lose and never ever make himself that too optimistic or way too positive towards its investment because we dont know on when Bitcoins price would really be shooting up into the moon and we do know that market does really have that market shifts whether in a bull run or bearish run period on which its really that something hard to handle up your emotions on the time that you are really that too positive but the price had gone down southward. I do agree into those words above that the only thing that you shouldnt really be doing is that you wont really be giving any guarantees or having that sure words about making profits so that your friend wont really be ending up on suing or blaming you once they've seen that their portfolio is on deep reds. Invest on what he can afford to lose as always as this one would really be the main thing that you should really be expecting when someone do make out some suggestion but in a very exaggerated way. |
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-snip-
It's not gambling that is addictive but the Internet and all the information it floods our brains with.
IMO online gambling is a deadly mix of addictive online entertainment and gambling, which can be addictive all by itself. What can you do about it? It's a modern drug we have to live with.
An entertainment and online gambling, this is indeed the reason why those who do both are very addictive. Even that does not look at the age limit, because many underage children already play online gambling very easily on their mobile phones and may only use free internal coins that can be claimed, but to get more coins you have to buy with their money. The main source is indeed the internet, but actually it is not the internet that is the problem, but the misuse of the internet for things that are out of control, and eventually they become too addicts. There should be control on the children or on oneself how to use all these conveniences as wisely as possible. Because the modern era with increasingly sophisticated technology can be profitable or can be a disaster with some things that are not controlled, such as online gambling. Yes, it do really be able to tick out those checkboxes when it comes to those kind of offering on which it is really that entertainment/thrill/leisure at the same time its been through the way of making those highly addictive game on which it isnt really that shocking that it would really be able to hook up tons of gamblers/people because of its nature and since that human beings are naturally greedy then on the time that they've seen that they could really be able to have that chance or probability on making money then they could really be having that kind of engagement on which we would really be definitely considering. Some could really be having the control but some do end up on getting addicted or having lost their control and this is why we can really be able to see that there are lots of addicted persons who are really that hovering themselves into gambling space and sharing up on the same mindset towards online gambling and even more pathetic having those beliefs that they could really be able to make a living with it on which its not really that something right. It is really just that sad that there are people who do lost their track. |
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I know some people in my circle who are publicly sharing their gains in social media. I couldn't fault them if this is the first time their investments are performing way above than what they expected. They can't help but feel excited, but also at the same time, I can't help but feel scared for their safety. They can easily be a target of criminals if they don't keep their mouth shut, and lose all their money just because they can't contain their excitement.
Having said that, if you have some coins during this bull run, better keep it tight and keep your mouth shut. You'll never know who's out there willing to do every nefarious thing possible to get that money from you.
If its your first time t hen you would be able to understand but as much as possible they should really be keeping it secret, not unless if the amount is really just that small or not really that big then he/she might be safe into those people around but if we do speak about hundred thousands of dollars or a million then its a suicide thing on telling on how much you earn or possess. Just like on what everyone is saying that staying low key is something that will really be that better rather than on making yourself that too overly excited on sharing up your success. For personal approach or someone whose really that close to us then it might be considered or someone whose family but talking it on public or something exaggerated then you are really putting yourself at risk. |
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snip
Maybe OP is just too desperate to gather earning from SHIB since he missed the opportunity year before he created this thread because Shiba Inu have its ATH in 2021 bull market All-time high Oct 28, 2021 (2 years ago) $0.00008845 that made this desperation comes and also if he is truly wanted to find promising coins then he must dig it himself and not to ask anyone of us for His positioning . Even if you do make yourself that desperate, no one would really be still be able to give out that best advise about on which coin you would really be needing to invest just like on what you could be able to achieve on what $SHIB did. No one really knows on which coin would really be getting that extreme multipliers and there's no way that you could really be able to make yourself to know on which one. This is why there are tons of people who are really that interested when it comes on investing into altcoins or meme coins out there on wishing up to hit the right coin that could give out x1000 or even more. Once you do able to hit up the right spot then you do have the chance on changing up yourself forever like getting rich, but the main question on which one? We are in search on a never ending selection into those coins. This is why people would really be that fond on investing into meme coins and hoping that they did purchase or bought the right one. |
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Look the best way to control your emotions is to make up your mind that trading is only a side income and you can't be completely dependent on it. I know some people will say that it's a full time opportunity blah blah. It can be true but it brings a lot of stress with It if we go with it as a solo option for earning.
You have to make sure that you only invest the amount that is spared and not needed for a long time. If that money is gone it shouldn't affect your life. Yet you'll be a little bit affected by the loss and that's natural to try to control your nerves. When you go through these types of situations spend time with your loved ones who will love you no matter what your financial conditions are you'll definitely feel better.
Trading only becomes stressful and frustrating when you trade using your own hard-earned funds that only end up with losses. That will really make you sick with trading, most especially if you made it as your main source of income, when in reality it shouldn’t be due to its high risk and highly unpredictable outcome. So the best solution is probably never trade if you think the market condition is not suitable to trade, and trade only as your side hustle, so that losses might still be bearable since you’re not trading for survival, but just for extra income. Dont make yourself that too rush when making up a trading position on which we know that this is something that cant really be done so easily because we are dealing with an unpredictable market on which there's no way that you could really be able to make positions that too easy. Come to think that everything is random and since we are just humans then emotions would really be normally be kicking, it would really be just that a matter of self control and handling on such condition. This is why it would really be better that you do really know on what you are doing and loses is really that very normal and this is something that needs up to have that kind of control and moderation because if you do miss it out or simply you do become that impulsive then it would really mess up your trading plans and analysis entirely. One of the best things that you should do is to be versatile and self acceptance because if you do find yourself that too highly reacting into various situations then you cant really be able to think up well. |
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Yes, that's fine. If the experience he's got was terrible then he is in all of his might to discourage people from gambling. From 10 bet to losing his life savings? Clearly, the problem is on him and he's just sharing his story to the other people that might end up being addicted as well and that's a good share that he can give to everybody. He even has got the guts to share it because not every failed gambler will tell their unique stories.
And this helps other gamblers when they're on the verge of being addicted as it will show how someone ended up if they are not going to stop. Nothing wrong with gambling as you do it with moderation. But the problem with many of us is that we forget to moderate and have some time to stop when it is necessary and even when we've been winning already, we're not stopping yet but we wait until we lose everything and that's the time we're realizing that there's a need for us to stop.
One of the main reasons on why gambling industry or business is really that profitable it is just because of this kind of such changes on where a certain individual would be able to achieve or obtain specially on the time that you would really be trying out to chase up your loses or on the time that you do already make yourself greedy. This is the most common or main behavior that you would really be able to encounter on the moment that you would really be stepping your foot into this space. IF we do see people around or specifically into those whom you do know or near or close to you and seen up that they are already that spending too much or excessively involved in gambling then it would be might that common sense that giving out advises isnt a bad thing to consider. This isnt really a meaning on getting involved into someones life but rather this is really a show of concern to other people. If they would be able to listen up your words then its good but if they wont listen then its up to their choice, at least you have told them about the risks. |
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Yet today, I saw the image above and it suddenly got the question into my head, Is Bitcoin still dead? We've all seen how Bitcoin has weathered through all the critics and FUD to breaking above USD 70,000 steadily since the beginning of 2024. There's all indication it's headed toward USD 100,000. What are you all thinking about these feet.
The topic "Is Bitcoin still dead?" Is one question that can never be totally eradicated in the world of crypto, inasmuch as the use of Bitcoin still exists, people still speculating it's future price, and expecting a potential price. Because most times, one thing I have come to noticed is that these kind of question are always been promoted by people who may have estimated Bitcoin to reach a certain price, and when it fails to hit such price within their estimated timeframe, then they go about asking "is Bitcoin dead?" Forgetting that Bitcoin as a decentralized digital currency has no exact pattern of movement, but yet rather fluctuate due to current demand and supply . "Is still dead?" kind of line or word does pertains about that as if this one is really that become dead but it never was. It is really just that dead words is really that been used on the time that it would really be making out those crashes or those kind of legal issues and there was link given about Bitcoin obituaries on which on how many times Bitcoin died but its not on that literal thing. It is really just that pertaining into those conditions as if it was really that dead but we do know that this isnt something that could be real considering that it is really that sitting on top ranks in the entire market. It is really just that people around do really loves on making that kind of sentiment that it was really that dead but not really that actually trying to realize that Bitcoins price could really be having those ups and downs on which it would really be just that normal that they will really be having that kind of behavior when it comes to price which been affected by several factors or having no reasons at all, and this what makes it too unpredictable. |
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IMO holding from ATH to ATH definitely is a great profit there. Although it requires alot of faith. This being that you trust that Bitcoin will hit a value with which you can have tangible profit regardless of the fact that you bought the coin at the highest price at a time. Still it's wisdom to still buy in-between, as the coin is cheaper then.
Bitcoin buyers from the previous ATH to the current ATH have clearly made quite a profit, because they are waiting for the next ATH every four years. Everyone can also continue to buy Bitcoin, especially when they see the price decline that occurred after the previous halving (2021). So in terms of the level of profit, it is certain to double and is also very extraordinary, although this may not be able to be done by everyone because remember that you have to have patience and high trust in Bitcoin within that deadline. We have a list of historical ATH prices throughout the year and if someone buys at the last ATH price of $69k then they also have a profit even if they are lucky they bought at a lower price 2 years ago, all ATH prices have been broken after the halving so there is actually no doubt buy bitcoin for the long term, we have seen the history of bitcoin which is very convincing even though we have to be patient and wait for the right moment to get maximum profits If you are that someone whose that able to buy Bitcoin onto that peak price and you are somewhat knowing or aware on how this market works or simply having that kind of experience then it would really be that so dumb that you would really be having that kind of action that you would really be having that cutting loses but rather you would really be having that DCA method. If you do have that high entry but you have been able to buy at the bottom then entry point would really be that lesser. You wont really be thinking anymore that you have bought on the peak on which this is really just that a normal approach to have. When it comes to profit then you would definitely be having one on the time that the market would really be having that recovery. It all matters on how wise you would really be on the time that you would really be making out those kind of decisions. Profitable traders are the ones who do really know on what they would gonna do on times like these. There are ones who are really that skeptical on making such move when the market is dumping on which this is really that very normal. |
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