Nice beginner guide and advice, but you failed to mention an important point that can help the beginner to minimize the risk involved in trading and reducing losses which are to trade with a small amount as a beginner and not get greedy by putting in large sums of money because of the potential profits most especially in future trading which is almost same as gambling.
Investing with a bigger amount at first due to greed will only increase the chance of losing. Hence, it’s not advisable to do it, instead start with minimal amount and never be greedy enough to expect quick returns because that will lost your focus in trading. Know that trading requires more focus and persistence, that’s why you need to trade at your own risk, and at the capital you’re free to lose. You would 101% lose all of those capital that you had put up on doing trading specially when you are a complete newbie, this had been always the case for most beginners on which they do have that kind of thinking and impression that they could handle themselves easily on trading field or playing along with the market but once that reality would slap into their faces then this is the time that they would really be making realizations that its never been that simple nor easy on doing so. The most ideal thing to do first is to stick with the basics, learn up the necessary terms and other things which needs to familiarize first, if its needed for you to go demo trades then do it but it would be recommendable on doing live trades but using up on the less amount which you could only afford to lose and on the time that you do make trades then try to learn up things along the way. Never ever make yourself put in a hurry when dealing up with the market, you cant really just able to make things to be that a pro in a short time. You would really be able to experience lots of trials and errors when it comes to this matter. |
|
|
|
I use 5% of my weekly income to gamble and I can not go more than that. Sometimes I can be busy and I can spend less. If a week favours me, I will save my profit and the remaining (5% last week income) for next week gambling. According to what I heard, people spend up to 12% of their weekly income on gamble. I think it is not bad but that gives me the thinking to make a post like this on this forum. What percentage of weekly income do you think is right for gambling?
I don't think there is any good answer the way that question is structured. If you make $100k a year but your bills are 100k a year then 0% shoukd go towards gambling. On the flipside if you only make 40k a year and your bills are only 5k or something small a large percentage can go towards gambling. The right answer is no matter how much money you make only gamble with what you are willing to lose and that doesn't dig into your life's bills ^ I agree and the big question is how much money should be allocated towards gambling depending on various situations, such as one's income, expenses, and personal priorities. It is very important to consider the overall financial picture and not solely focus on the income aspect. For instance, if someone earns $100k per year but has bills amounting to the same value, it would be unwise to allocate any percentage towards gambling. Just because if someone earns $40k per year and has relatively low expenses, they probably be able to allocate a higher percentage towards gambling if they choose to do so. However, the key principle remains the same for me, only gamble with an amount that you are comfortable losing and that does not compromise your financial obligations as I said early, there is no appropriate percentage for gambling activities. Lots of factors or things which are entirely different into each person when it comes to priorities and other spendings on which they should really be minding on prioritizing. There are some who dont spend much and there are some who do have lots of payables on monthly basis on which it is really just that right that they would really be giving priority into those things rather than on spending it on gambling which its never been that a wise move to be done. If possible then why would really be needing on making yourself that obliged on spending money on gambling? if you do see that you do have other priorities then it would really be that just right that you should focus into something important but having some spending on leisure times isnt bad either as long you do have that moderation on your spending then it wont really be that bad after all. Use the money which you can afford as always on which 5% would be ideal or not really necessary on these numbers or even it must be more lesser. |
|
|
|
I am not single, actually I am married with two kids, I want to emphasize here that I live in a small town in 3rd world country, not like the capital city. The minimum wage in my region is only $200 so with $300 I already have the budget for Movie Theater and eat out once a week. An average price for a portion of restaurant meal is only less than $3. And as I said that those $300 is not including bills, only for food and expenses that is not fixed.
If we live in a small town area then a monthly income of $350 is sufficient for all expenses and monthly bills, I assume from the statements you mentioned that food costs less than $3 and maybe a mid-level restaurant category has $5-7 food costs. However, the level of expenditure of each individual is relatively different even though he lives in the same area but the main factor of spending depends on the needs and desires of each individual, but we need to apply financial management to maximize the use of funds for monthly needs and suggest some of your funds for savings. It is also the same with us; that is the average cost if you are eating in a restaurant, but that is not the most expensive restaurant, which makes me also satisfied with it, but again, that cost is still too huge if you keep eating in the same restaurant on a daily basis. It is really indeed about how we control our spending and money because even if you live in a small town in a third world country and you are still unable to control your spending, it still doesn't matter where you live. Yep control is the key, We don't eat out everyday, only like once a week. Other days I just buy food at the market and cook it. Some of my friend prefer went to cafe and hangout, but I rarely do that. And I avoid buying something that I don't really need. One of the best ways for you to be able to save up on which you shouldn't really be having the behavior on spending up on unnecessary things if you could be able to cook and do it on your own but its not really that bad to go out sometimes but everything should really be in moderation since we know that each person does have different capability when it comes to finances which for those who do able to afford on doing those outside spending even if its already unwise but they could be able to sustain it just because they have neither other source of income or someone they do rely on and this is why they are really that able to spend up that way. Budgeting is something that you wouldn't really mind specially if you dont have your own family but there are still ones who are still single that really make savings as much as they could on where they are really that tending to save up for the future and plans that he/she mold up into mind. Spending is inevitable but always put up into your brain that its not really that ideal on spending something which it isnt that good anymore or really that too much. You are really that putting yourself on great disadvantage. |
|
|
|
I bought the other day and we have seen yet another crash since then it feels like there is so much bad news and FUD at the moment. June was not as bad as the previous month. Being used to the process of rising and falling prices makes us feel like normal. Bad news and FUD will automatically disappear whenever it rises to the surface with positive news. I feel like having a break as I am starting to feel we could go close to the lows of last year, not sure if we will go that low but could go close so thinking of waiting until we see at least another 10% drop to buy more.
Don't rest just yet because it's time to keep collecting Bitcoins because the ship we are waiting for is almost at the port. The developed FUD can be a positive momentum for those of us who want to increase the number of assets in our wallets that we will hold. We do really keep on making in comparison in between prices in each month and on every year. Yes, history isnt assured to happen in the future but it do always rhymes in the past on what are the recent events. This is why people cant really just stop on not to look back on what are those movements and progresses that we do have on every month that it is passing. For those who had been on this market for years will really be having that kind of impression and trying out to make those comparisons and making use of the same possible strategy that they had done. We do already picture out on what it would be looks like but due to unexpected news and fundamentals which it could make out that kind of stir up of the entire condition or situation.  |
|
|
|
Sure you can get crazy amounts of interest in some of the decentralized systems but most of them are traps. You better win a few to lose all.
Dont think that is a good option for anybody and the term "passive income" has been hyped a lot along with people who accept it as a good method to make money because of the term being an oxymoron - you cannot earn if you are passive. Consider the fixed deposit schemes of banks, yes that is a safer method than crypto based investments. Crazy high amounts of income indicate that something fishy is going on, not that the project is super profitable or doing something revolutionary, that is what bitcoin has done. What I observed from yield farming is that the long term proposition is not good, you carry a large risk than reward and hence I dont recommend it. They should consider that there's no passive income thing on crypto especially if they are dealing it by investments since any of those can go or turn scam. This word us overused by scammers since they want to deceive their investors and make them believe that they can earn that if they invest on the platform those scammers created. Yield farming I think this is not for long term and it the same with other that only good while its new but when people are done with this it will slowly collapsed. Usually newbies or greedy ones are the people who would really get victimized be this on which they would really get blinded on what those offerings that they had able to encounter and if they do see that it is something that would be giving out that kind of conditions on which earning up without doing nothing then it would really be that turns out to good to be true and that #1 rule that we do have in investment space is that, if there's something that make you money without doing nothing or no hard work but only investment needed then its really a scam. People should realize this but since those noobs doesnt have this kind of thing initially then they are the ones who do really get caught which is really that sad. If they have just that sensible mind and common sense on how things works and how its done then you might be able to avoid such thing. Passive income would really be just only possible when you do have a real estate business or rental or any industry which even if you do sleep you are earning but here on cryptospace? This cant just that be possible and this is why its better to avoid as much as you could. |
|
|
|
Corruption in sports ends the dream of many players, this is unfortunate, but it is good to see that people are noticing this. Maybe it starts to change.
That's true some of the best players and fighters are not getting the break that they need because of corruption, here in our country our athletes are improving because thanks to social media they can voice their complaints and their supporters will know it and they will demand explanations from these officials. Athletes should be allowed to develop with the help of their government because, in the first place, their athletes are the ones that will represent them in international competition, so they have to send the best that they can produce. With having the current era and technology and accessibility that we do have today then its really truly that easy to express and let the public know if ever there's something that you do really want or like to address specially something like this which do pertains about some corruption or whatsoever but its not precisely or completely be that could happen because there are really indeed things which cant surface out and this is when both parties do make out such agreement and of course this one wont really be talking that small amount of money. Corruption isnt only that happening on sports world but also in other industries as well. Im not really that shocked anymore on what are the possible not known transactions that happen behind those curtains. Bribe or paying up for them to play? Its not impossible and as long there would be those people who would be sitting on the top or having the authority then its always that possible. |
|
|
|
Trading needs concentration but investment does not need much concentration because you invest certain amount and then you wait until it rise to give you huge profit. Knowledge is necessary for both trading and investment, the rate of success will be more if you have more experience and more understanding about the basics.
More than anything what investors need is to have tough skin, as it is impossible for things to always go our way, and as such an investor will eventually make a mistake and if they are not able to endure it then they will sell for a bad price and lose money, this is exactly what happened to the people that invested near the ATH on 2021 and 2017, and the majority of them were simply unable to keep holding their coins due to their frail mentality. Endurance and emotion handling on which this would really be the best thing that you should really be having on the time that you would really be deciding on touching up that trading thing. Everything should really be considered out from your emotion to your mindset on how you do deal up with things.Never ever put up into your mind that it would really be that so simple on dealing up with this market. Always trade with caution and as much as possible you should really be that lessening up the risk as minimal as possible, this isnt a race or shall we say not a sprint but rather it would be a marathon. To those traders who do able to withstand different market conditions and able to sustain himself are the ones who would really be lasting out longer compared into those people who do rush up on making or taking decisions just because of being that impatient. |
|
|
|
I though it right to share this with the forum as I think this will save some persons from a whole lot of drama and stress in case of a deceased.
I got to find out about a POD form which simply means PAYABLE ON DEATH from a friend yesterday after his father passed on, leaving them with some reasonable sum of money in the bank and upon check, the father already has a POD form which saved them from the stress of getting a lawyer and all the legal processes to claim the money but rather all they had to do was get a death certificate, take it to the bank along with the POD form and the money will be issued.
I felt this was very important because I know how much effort and money it took us to get access to my late fathers money in the bank after he passed on.
I think everyone needs to get this form especially if you have any holdings in the bank.
N/B: no one is dying anytime soon but death is inevitable.
Thanks for the tip and suggestion and i honestly wasnt able to know about such thing because the casual stuff on which if ever if your parents or loved ones passed away and having that kind of money in the bank which you are the ones that will inherit or would get then you would really be passing into lots of processing and hassles on which it is really that pain in the ass but since you do really need up those funds to make it useful then you wouldnt really be minding the hassle and now we do have that POD then it would really be able to save up those people who are on such situation to be able to save up themselves in so much hassle. Honestly i wasnt aware on this one time will come it would really be totally useful. There are really that parents or guardians who are really that mindful about into their loved ones and its true that we cant stay up here forever on which it would really be that understandable that we would really be passing away and its just worthy that they would really get on what we have accumulated or earned. |
|
|
|
since 2018 which is over 5 years when I got information about Bitcoin I have lost lots of opportunity that could have changed my life because I choose to be reluctant from concrete friends advise concerning Bitcoin because, through investment of cyptocurrency many of my pals have been scammed and the downtrend movement in 2018 also got me discouraged so i concluded that Bitcoin was not worth the risk for me, and
now I have come to regret from the discission i made due to ignorance because over the years it progress has really attracted my attention, so i met a friend who is now i successful investor and he introduced me to this platform
seeing the success, growth and progress of the platform, I want to personally appreciate the members from legendary to newbies like me for keeping this platform running and going
Thank you very much for your supports and consistency
That's okay if you've felt that and it just proves that if there's no pain, there is no gain. And if there's no risk that shall be taken, there's no potential profit that will be added. Everyone really was pushed during the 2018 bear market and thought that it's the end of the market. But those that have trusted and believed still held until even now. 2021 has passed which was the last bull run and many still probably didn't took profits during that time and awaits for the better bull run that's soon to come. I cant really blame out to those people or noobs who had been able to enter the market and there's that timing of bear market on which you would really be able to say to yourself that you wont really be touching up this space again specially that onto those times on which there are lots of scams existing that time plus with those scam ICOs or projects too on which that these are also the years where lots of projects do make out that lunch. Its true that you wont really be able to earn or gain something if you wont tend to take up some risks which it is really that mainly important specially on investing here on crypto space. There would really be things that would really be able to make you realize on what are the things that you must do for you to make profits or gains. Its never too late for you to start up because this market has still lots of opportunity for you to earn and not only limited on Bitcoin but also in other coins or projects as well.It would really be just varying on how smart you would really be able to make out decisions. |
|
|
|
~snip~
It can be classified as responsible gambling if you are in control of your gambling habit. I mean, if you carefully analyze your bets and assess both your money and time and are still doing a good balance of your time, then yes, it can be called responsible gambling, especially if you are betting on sports that you fully understand and can utilize the chances of winning. Though there's no accurate outcome or accurate prediction, the chance is good if you know the game and the player or fighter that's playing. By gambling responsibly, we don't need to worry that later we will become addicted to gambling because we can still balance time, money, and other activities properly to enjoy gambling still. And that's exactly what we should do so that we can really think of gambling as entertainment and won't get addicted to gambling. We can gamble whenever we want and stop before it's too late. And it's also okay if we can't win because we know that gambling is just a game and we depend on luck. While luck cannot come too often, and without us being able to predict it, it is better for us just to enjoy gambling as it should be and let luck come to us. If being practice correctly it can really help to avoid any addictions, you are saving both your time and your money if you can properly balance your engagement into gambling, though it' always easier said than done, as we always at risk when we already enjoying and our appetite in gambling is already increasing. It's on how you take your responsibility and always minding yourself if you are already exceeding to prevent any harm from happening. If you still have that control to stop, then it's still good for you not to allow any potential addiction to take place. Self awareness Self control Self discipline Common sense Good balancing on things You wouldn't really be putting yourself into trouble because you wouldn't really get addicted into it because you do know on how to handle up yourself and you've been wary and aware on what are the things that should really be done and be avoided so that you wouldn't really get addicted. I have seen people who had been continously been playing gambling but even up all to this time they werent be able to make themselves to be addicted since they are only allocating on the funds or amounts that they could afford to lose which its always been that considerable on doing so. |
|
|
|
Last year(2022) we've been experiencing a huge drop and price corrections but this 2023, it was somewhat not that it looks like we are in the recovery phase which is why I was optimistic that this year we can even just move high and reaching $40k is quite possible. And I was looking forwards to the upcoming halving to have a dragging impact and increase demand. Because in the past years before halving, a price increase is visible and I'm also expecting that situation as well this time.
We are really that indeed in recovery phase on which the price is starting to climb up gradually, some people might not able to notice it since they are really that going after on reaching out those peaks but if we do really zoom out then we could really tell that this year is really that recovery and last year 2022 is the best time for us to accumulate cheap coins considering that Bitcoin did hit up 15k price and even on eth hitting up 1k or lower as far as i remember on which it is really the best time to buy but well we had just missed out those times though and even myself was bit skeptical on that time on which ive been expecting for 10k but it did turn out that its never been that possible.For now on this year 2023 then we cant really tell on how it would really be ending up whether bullish or bearish but since we are already that fast approaching on the halving event then we are all anticipating for that upcoming bull run but of course there's no guarantee that we could really be able to see huge gains in short time. |
|
|
|
Good day everyone, let's talk about the factors in our Trading decision in terms of psychology. There are many things that affect our decision-making, and that's why sometimes we don't know why we make that decision. Sometimes we are repeating the same mistake over and over. Let's find out the common triggers that happen in our brain that make our judgment poor in trading.
You have a valid point about emotions in trading, fear and greed often make traders not get maximum results and these emotions are also influenced by limited skills in trading because traders who have good skills will not involve too much emotion in trading but will be more rational because they understand that trading is about accurate analysis and calculation when to enter the market and when to exit the market, even though traders will find it difficult to analyze the lower and upper limits precisely, those who already have the skills will not wait below far from what might happen. also waiting on top won't be high than the probability that it will happen. Social support is good for us to also discuss trading and what's happening so that our trades are not far behind. We are just humans after all on which it will really be giving out that kind of effect on the time that we do feel up these things along the way specially if there would really be sudden news and it would really be giving out that kind of idea that it might really be stirring up the market condition once again, once these kind of assumptions would play up into your mind then you would definitely be having that kind of thinking that you should really alter out your initial decisions or plans on which it is really that a common approach. Those things listed on OP are really that indeed part or possibilities on why a certain trader would really be able to fail up on following up their plans but of course not all alterations would be ending up on negative because there are sudden changes which it did make out the right call on doing so. Not all would really be ending up on a disaster but rather it would really be giving a good call on sudden change. |
|
|
|
I found out in the blockchain world, many people are losing patience when they start to invest in a project. Their understanding about "long term" is no longer years but weeks.
Some project need time to build and shape. What do you think?
A very normal act to be done by most investors on which having that short patience when it comes to things on which it would really be just that normal that people would be saying that they could wait for long term but on the time that they have seen that the project they had invested into doesnt really able to make out some updates or having no progress in following into their roadmap then this is where anxiety and being worried is really taking place. On the time that you are seeing that there's no movement then this is the time you would be might be cutting loss and would really be tending to invest into other projects which you do seem to be worth. Choosing the right project would be always a challenge because we know that we do have thousands of projects that we do have in the market and choosing those newly launched and offering something incredible doesnt always mean that they would succeed out. There are tons of them which are really just that only good when it comes to promises but ending up on failing to deliver on what should things to be done. |
|
|
|
I am neutral about KYC since I believe our identities had already been in the government's hands right after when our mother submitted our birth certificates, and the moment we get our requirements in applying for a job. Aside from that, most probably our government records had been breached, getting the citizen's data.
This is a different perspective to what you are saying. Government are handling their jurisdiction separate from others, so your government have your birthday certificate or your other credentials of origin from birth as a citizen or you natiralized their but that same government does not have the birth certificate or such credentials of other persons who are not their citizens. Hence with KYC on exchange, you have exposed yourself to global identification that any government can source for your identification if they want to through the exchange. I believe this is reason some people who don't want it try to avoid it. A KYC you do with binance as a centralised exchange, the government can go through such exchange to require it incase they want it. Totally different thing and not something we could generalized.Yes, its true that our information might already have been known or exposed but it was really that necessary because in having that name on which it would be needing for it to be registered which it is really that compulsory this is why there are really exemptions if we do speak about anonymity which it cant be possible when we do talk about these daily life transactions which we do really need to share up our information which it would really be totally different if we do really pertain about sharing or complying such information online specially on gambling activity on which giving out information so easily would really be giving out other peoples having that kind of reaction to be that skeptical on doing so. Gambling is for leisure but since these companies are really that regulated then expect that possible KYC is there. Gambling is for fun but on the time that you are already spending that much money then its a different story. |
|
|
|
Bitcoin hodling is something almost everyone on this forum is eager to partake in or already partaking in.
However I did some research and discovered most forum members do a lot of Bitcoin transaction, and sometimes leaves them with little or no hodlings in their wallets. Of course Some on the other hand have most of their Bitcoins as hodlings in their wallets although they still transact with Bitcoins . Holding Bitcoin is a choice however for those that have Bitcoin holdings how do you manage to minimize Bitcoin transactions to increase your hodlings.
Though hodling Bitcoins can be tempting to transact with sometimes
Making transaction or seeing on whats the community been doing in regarding transfers then you cant really be able to pertain that they've been spending their Bitcoins on something like purchasing or buying because making up transfers doesnt mean spending. What if they do just really simply trying out to transfer into other new wallet or simply trading? This is why we cant really be able to generalize such situation because this isnt how things do works just because we are seeing transactions doesnt mean its spending. Also, each person does have their own decisions on whatever things they would really be doing on their coins and its none of our business whether they would really be actively be converting it to fiat or not or simply making out those trading which there's no way that we could really be able to tell on whats happening behind. So better stop on making yourself get stressed on what they do into their coins because we do have different takings on our investment. |
|
|
|
~snip~
i would be interested to have my own garden of cabbage or potatoes so i can survive even when the world inflation skyrockets.
It's not bad and it's actually desirable to grow your own fruits and vegetables, but unless you have a very large garden you will still depend at least partially on others. Also growing something of your own is not as easy as some think, because it takes a lot of time, knowledge, patience and luck. In addition, if you want to grow in a natural way without all the poisons they use, it will be even more difficult for you considering all the diseases and pests that exist in addition to the fact that the climate has changed significantly and you have to count that at any moment you can lose everything if there is a storm with the addition of hail, or maybe a flash flood. Of course, this does not mean that you should not try, because tomatoes grown without any chemicals will taste much better than any produced in an industrial way - noting that you also need quality seeds of old varieties that have not been modified in any way. I agree with you. Many people today have lost touch with nature and are not even aware of how good it feels to grow something with your own hands. It can be such a powerful and rewarding experience. Also, growing your own food can create a greater sense of self-sufficiency and promote sustainable living. All I will say is that anyone who has an opportunity to grow something on their own should definitely try. It's not as complicated as it might seem at first glance. After all, people have been doing it for thousands of years.  As long as we aren't planting lots of crops, we can really easily plant them, like eggplant, carrots, ginger, and any kind of leafy vegetable that is easy to plant and grow. Others even just put it in a pot (though it is small, you can still grow it) as they don't have land to plant on; they just put it where the sunlight is, and they also water it on a daily basis. Though sometimes you can get lazy on planting it, when the time comes that you want to do it, do it as it doesn't really require a lot of care needed for it to grow; just leave it there. But the main issue with this is that in regarding peoples laziness when it comes to farming.Some would really be finding this to be a tedious task but its actually really that beneficial if you are really that trying to save out. Its true that there are really plants which are really that easy to grow even if you do just simply plant it on a pot and providing some sunlight or even could really be done on your own home or even on a small backyard. In overall people wont really be that caring about such thing because there's still that supply that they could really be able to buy as long they do have the money which they would really be just simply buy it out completely without hassling themselves on planting some plants on their own home and would really be watering it out for themselves and let it grow or they are the ones who would really be farming it out. They would be mainly thinking that let it leave it into the farmers. |
|
|
|
_ Don't risk too much money, start with what you can afford to risk. Focus on the risk not rewards.
_ Identify potential risk as;if it goes down, if you don't take profit, if you don't use stop loss and if the coin goes against your analysis.
_ Reacting to risk, use stop loss and always take profit.
All that you have said above are correct, as they indeed correlate to risk management, and I think one of the most important of this rules is still the not to go into trading with an amount of money you can not afford to lose, I personally believe that this is the root cause of all other problems aside, or maybe most of it. Anybody learning to trade should always start really small, that is, starting with a small amount of money, this is to minimize losing too much. Or more than expected. True it is highly recommended to start trading with a small amount of money, trading alone is so risky that a slight mistake in decision can cost you money, so these risks must be considered and remain careful. Always start small and dont really have that all in kind of behavior when it comes to investment because this is usually the case for most newbies out there in terms of duration on how they should really be learning things which in fast pace which its not recommendable. Risk management is crucially needed on which it would really be helping you on handling yourself with this unpredictable space. You cant just put up money and would really be that just waiting for the price to increase. If you are planning for long term hold then it would really be that also considerable on which you would not really be making yourself get involved with the hassle things that those short or day traders would be doing. You cant really make yourself that having that all knowing behavior which cant be possible, experience would be your best teacher and something that you should really be needing to learnt up along the way. |
|
|
|
A lot of members here in the forum have done artingale methods to be honest and none of them really succeeded 100%, because most of those who tried were wild and greedy. That winner should have lost in the end because of greediness.
Then the house edge won't allow that, they'll just bite you in the beginning so you fall into their trap, that's all I've seen. And besides that, the martingale is a dangerous way to be honest.
Sad but true, many gamblers have made adjustments to beat the house with the martingale strategy but at the end of the period, they have lost everything on long loss streaks. The loss streaks happen frequently and we have seen over 40 times dice rolls back to back without 2x. Imagine using martingale and doubling loss on each loss, at the 30th bet it will be a horror dice session and no one has so much money to keep doubling till hit the green dice roll. Casinos know these facts and they don't hide it but marketing teams of casinos don't want to use this factor during promotions. It would really be a never ending kind of hunt which there would be those people who would really be finding ways or methods on which they do believe that it is something that could really be able to beat up the house which we know that it cant really be that possible because as long we are talking about dice which is a luck based type of game which is run off with codes plus having the house edge then it would really be putting up players on great disadvantage or on long run. No matter how you would really be making out some calculations and other formulas or making out some behavior then you would really be that desperate on making a certain strategy to work which it is something which it isnt recommended on doing so specially on gambling or in doing dice game or any other. There's no relevance about these calculators and stuffs because it cant really just be that effective. |
|
|
|
Some months a go, I was thinking altcoins may favour me since bitcoin is still unpredictable. I decided to invest my last cash at hand on luno, Eth, buying babe doggy, peg token and tron. I don't really understand how this things works when I bought it was all gloomy without bitcoin but in less than a week my money dried up.
What future do we really hope for altcoins without bitcoin?
It just depends on how big the risk is and if I'm capable to overcome the risk so it won't become a disadvantage for me. I enjoy taking the risk with the "limit" I already made before, I don't take the risk if I don't know what is that and I can sense something bad on that specific assets such as lot of new altcoins out there. Lot of new altcoins out there are just cashgrab for the developers to earn quick money and many people fell on that, with little chance to get something on that, I think it's safe to say that unless it's highly anticipated(with so many criteria) then just don't bother if you don't know what to do. Everything should really be having a limit which it is really that a normal approach. On the time that we are really taking up some investment then you are really tending to put up the risks with your money to earn more which it is really the basic concept on making investment which it is understandable that losses would really be always next in line. Therefore, the most important thing on here is that you should really be that mindful about the risks because if you dont then you would really be that making impulsive reactions on which it would lead into lots of errors and mistakes because you cant already thing up clearly on things or with your initial plans. Do you love or enjoying on taking up risks? It does depend on a certain individual but on general sense on the time that you do step your foot into any investment or market then consider yourself to be a risk taker. It would be taking up some time on how you would really be gonna able to realize on how to learnt up things along the way. |
|
|
|
|
Loan Amount: 400 USDT (TRC20)
Loan Purpose: Personal
Loan Repay Amount: 440 USDT
Loan Repay Date: 1 month
Type of Collateral: None
USDT (TRC20) Address: TUsfMGW8VBAw6TthacQ3CMAAsFvTNXukbq
|
|
|
|
|
Show Posts
