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Usually, newcomers get in trouble for trusting someone. With their scope of experience in the crypto market, they will though that these people who proclaim themselves as expert are true because most of these scammers used known sites and names that really a newbie got caught their attention. This will emphasize how important for us newcomers to spend more on searching the site and not fall easily into someone who offers good services which is too good to be true as it usually turns into a scam.
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I did this sometimes and it also works sometimes as well but more often it never works. Why? Luck doesn't stay long with us, maybe the time we arrive and see that person win will be the last time of their luck and miss following him earlier, while making the next bet is a losing bet. Or we are too unlucky that change his winning momentum?
As I gamble, I don't make it in a rushing situation, I'd just observe first.
Though we can gain some ideas from other gamblers, it doesn't mean that we have to follow them either instead, we make our own discovery. Yes, luck has never been shared with others, so be it.
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I have developed my best way to know wich coin will be best short.
I checked on binance and i did find that DOGE coin will fall sooner then others.
How do i know that ? By my new trading formule. When coin price is higher then overbought level. Then i measure the exacly how much is higher and then i see i was going all over binance now and i see the doge are overbought and the price of doge are also higher then level above overbought.
Off course i have long experince on trading and a lot sleepless nights and mistakes and a lot losses until i discovered the best method.
My time and efforts are not for Free so i have my own private team who follow me to make money with my short signals and honestly all trades are in profit maybe 1 loss out of 10 trades and we do only short trades by using my new indicator " when price is higher then overbought level " i have special ways to measure this.
With this secret formule i can find best short positions.
Having your formula makes many people lose if they follow you. You'd better keep that for your own rather than making someone a fool because don't ever think that if that will work on you, it also work on others. We're glad you'd share your new discovery and trading formula but honestly, nobody makes a perfect trading strategy which is why I don't think it works for a long time and it is also because the market behavior changes from time to time. |
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Just accept the fact that you are part of the 9,999 in 1:10,000 luck odds ratio. I think taking time to relax betting is still working and so the system will reset and might get a random result. If you are playing straight in a day I think that the system will detect the pattern. I am not an expert but this happened to me once with online casino where I suffer consecutive loss on a one hour gambling. It might be a coincidence but that is what I think of that pattern.
The pattern is that some gambling sites never give a chance of the players to win more, they all suffer big losses while just winning some. Indeed, we have to accept the fact that not all the time we are too lucky in gambling which is why we can't assume that if we gamble we are able to multiply our money, not the case especially if we are gambling in pure luck base games. I could suggest that we have to choose good and reputable gambling sites as it was also a big factor in winning. |
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If I were you OP, don't stress yourself thinking about it because whether you like it or not, investing in crypto regardless if it is Bitcoin or altcoins, and even in different market conditions, risks are still there. If we can't dare to accept the truth, then I don't we need to be part of this.
Crypto investments are just for risk-takers, if we don't have this kind of behavior and mindset, it certainly never works for us. That is why we have to look into ourselves and asses if we can bare the situation and are able to face the consequences, or else, we better leave.
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2. Assuming you are this young man and you had to run to a distant location to carry out your gambling as you are allowed to gambling within your neighborhood and luckily you won huge sum of million dollars. Would you share that money with your loved ones who were barring you from gambling or you will just stay off from them and live new found wealthy live alone?
Share your thoughts!
Is a simple question, for me I will come back and help my family especially my siblings because no matter any circumstance family is the only people that can stood by you in difficult times, so if I'm to be in his shoe I will come back and prove them wrong and also by empowering them. That was just an assumption from OP but what if that person, that gambler turned his life to nothing and committed huge debts? How could he face his family who wanted to change his gambling style? What I understand with the situation is that they wanted their brother to slow down his gambling habits and the only option they see is to urge casinos not to let him enter and gamble. But it never works and is helpless because the owner of the casinos has no right to decline someone if he never commits any trouble, in fact, they want more gamblers. |
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The current movement is somewhat showing positivity but we must be careful with this, at least we prepared in case the drops/correction will show again. Because most of the time, correction comes next after the pump and we are not at $38k which is very close to $40k but can't be sure that it reach that amount before dumps strike. So for now, we really don't have any assurance for that position but yes, why not give some faith and hold? We are already aware of the said market volatility and I think we are ready enough to accept whatever happens.
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As a newbie --the first investment could really be a mix of emotions and uncertainty about what we gonna do next a reason why many have fallen into the wrong investment platform, scam wallets, and the wrong way of storing them.
A good way to start investing is to invest only a small amount - the amount that we can't feel mad if we lose them. We have to stop thinking about earning fast because this will affect our emotions and decision-making. Instead, we have to think about the rewards in the future because, in this way, we are encouraging ourselves to learn how to hold and how to keep straight on our goal neglecting every day's market dumps and pumps.
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How do I take advantages over the gambles while I am not gambling anymore?
I tend to invest in the gambling. How?
At my visits in the gambling grounds, I will be lending my funds to the losers who has run out of funds and willing to bet more if they have more money.
I tends to make this a deal with interest charges with concrete agreement to be secured and I will be opened to also accepting collaterals.
The idea is good but that was a risky decision to make a deal with these gamblers to take a loan. Why? You are helping them to become more addicted and possibly, they will take additional loans until they can never pay you back. In the end, you both are the losers of this idea unless you set a limit and an agreement that could force them to pay using their collateral. I verily know that I will succeed more of the inexperienced and those gamblers who doesn't have gambling budgets including those who can't take control over their gambling emotions
You might especially if you manage it well and make a secure deal with these people. |
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All signal groups are totally a scam thing whether it was a premium signal group or not. In fact, it was very clear to us that nobody can predict right to what will happen next and why we should have to believe someone doing it. To be fooled into this kind of work, trusting these signal groups is no different from making themselves a fool. These people still don't understand how the crypto market works and they still don't understand the meaning of volatility.
Well, they can learn it after experiencing losses due to trusting these signal groups.
No one can yet predict exactly what will happen in the future so it is not important for us to believe about what cannot happen according to what they predict, it would be better for us to study first to be able to avoid people like that because When we understand it well, we will be able to avoid these signal giving groups so that we can avoid making decisions in investing or trading. They post some result of their trades that's why those newbies thinking about starting their trading career think about that its good to follow this fake professional and pay their service since they thought they can earn it back since this people is bullish traders. Later they realize that they join on a wrong group once they paid those premium services and get nothing. There's a lot of stories about it and newbie should know that there's no good group asking a payment to their members since all of it is just a pure garbage(scam). They should get out of that group and find another good community that can help them learn and enhance their skills on trading. We can see this group online and also in this forum so they should not make all the process fast so that they would stumble on wrong group of people. That is a problem because they have too much affection for money and they think that by following these signal groups who show them great trades and easy money, they can be like them. Therefore, they are pulling themselves into the trap and know how these signal groups really are. In fact, it was a long issue but we can't blame them either because they didn't even care about reading those issues because their mind had already been focused on easy money and ways of becoming rich. |
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When I want to place a sports bet, I will look at the sports I am familiar with and see who is playing so if there is someone I know, I will start looking for information. And if there is a team that I know has a greater potential for winning than the opposing team, I will place a bet on that team. But if not, I won't place any bets and will look for other matches that I know.
After finding the winning team, I will place a bet with the money I can afford. I didn't chase big wins because I wasn't confident in my analytical skills. Besides that, I only bet on sports betting for entertainment rather than to make money. I also do not know any strategies that many gamblers use so I do not think much about that. If I can win, I will be happy. But if I lose, I can accept it. Nothing to lose for me.
That is a good thing about sports betting which we don't just rely fully on luck as we have the chance to win when putting those teams that higher potential of winning. This is gambling, we could think that placing our bet to a winning team could always win but unfortunately, it never works always. Well, some of us had put their bets in support with the team and even we know that they couldn't win the game, still we give faith from them. Because in sports betting it is not all about putting bets on the strong team but also, we bets on our favorite team. |
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So if a gambler where to go into bitcoin trading, do you think that the experience of taking risk in gambling will be an added advantage to face the risk of bitcoin trading?
There is no assurance that a gambler become a good trader and this is why... With their experience and risk level, we can say that they already have an advantage but it is not just all about experience, it is also about proper management, knowledge, and skills. They could be a good trader if they stopped gambling and focused on their trading journey but if they did not do it, it was useless as they were still about to lose their money. It is actually not because you are a gambler, you are good at market analysis or good at all ways of trading. Well, you can gain success if you really want to become a trader and forget about the idea of gambling. |
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We fail to lecture them and correct their wrongdoings because they don't care about us as well and they don't weigh much on the piece of advice that is shared with them. Therefore, it was not our fault but theirs, and we don't give pity to such people who never understand our intention and never appreciate our help with them. They will just realize it when they suffer losses at the hands of these scammers.
Well, it is a very usual thing to happen - a person will just realize their mistakes and recall the past when mistakes are done already.
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I know that we all want to become rich and financially stable but not all have been given the chance to make it, some have just become a dream.
In fact, many of the people who have a job have hardly made savings, how much more for jobless people or those who work on the minimum wage and solely rely on their salary, we can never expect from them for sure.
To start a business and having capital is not that easy especially if you don't have that goal as well. As we can see, a lot of people prefer to work rather than have a business and that is because it is not all about money, it is also if you have the capability to run it.
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What is the most money you have ever lost in one session? could be land base casino or crypto casino.
mine was $200,000 on Stake.com 2 weeks ago
Hope that 200k usd is not your whole life savings and just small fraction of your total wealth , because the way you post here ? sounds cool and just an easy bet for you as you are not ranting or saying anything against fairness and other issues. My most Money spend and lose in gambling is just a thousand bucks but that is the only and never let it happen again. but totaling my whole gambling expenses? i think its for me to not telling. Is it really believable? I don't think someone to lose that amount, nobody does in just one session. Besides, you have noticed that OP hasn't complained about his losses, and never felt regret or sad about the results as it was easy to make a story that never happened in real life. Anyway, losses are usual in gambling and if we can't control our expensing habit, losing more is very possible. A reason why we should have set limits on the amount that we can spend in one day. |
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The AI prediction seems quite conservative in my opinion. However, considering the current market movement, I find it reliable and possibly undervalued. Bitcoin could potentially reach as high as $50k this year, especially if the bullish market trend continues. AI predictions are based on real data, so with the overall bullish sentiment among many in the community, there's optimism for further accumulation and observing if the bullish trend will persist.
Well, AI has relied on the data that is stored but with just 1 month and a half left before this year-end, I don't think it was realistic, that is too far from happening. I don't think the current momentum will continue but moving in the sideways seems to happen. The accumulations may not that strong enough to carry the price high and bring huge demand. Maybe saying reaching $40k is very close to the possibility than of $50k. But still, nobody knows exactly, we just based on the data today and in the past years, but we are still uncertain of the incoming. |
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There has been several occasions of people saying buy and hold without consedring the negative effect it has impacted on many people live. Lets take for instance, when bitcoin was at ATH of about $69k somany people bought at same price expecting it to hit $100k and above while some baugh at the price when it was 40, 50, $60k conservatively. When it was going down to even $20k people keep on holding. Now it's about 2 years since bitcoin fell and never meet up with the price they baught. And they are hoping it comes back after losing huge amount of money. New investors are are taking advages of it while the old investors are regretting.
So I sudjest sometimes if the market is going down beyond bearable measures, there is need to swap your BTC to USDT to keep your capital safe in other to buy back when it is going up to avoid loosing some huge amount of money.
So what's your sudjestion on this.
It was not the best for short-term holders but for Long-term investors, they preferred to wait for the bullish seasons to arrive before selling rather than taking advantage of the short pumps. These people don't care about everyday market activities, they prefer to remain calm and focus on their target because they are also certain that ATH will come. What I can suggest is to choose a strategy that you think gives you comfort and a profit, a way of investing that you will never regret. |
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I bet first before the game starts and choose my favorite team based on their previous games and winnings. Most of the time I put my bet on higher odds but sometimes, it never wins. Therefore, I could say that even choosing our favorite team or those teams that have good game history doesn't guarantee winnings always, I believe in luck and sometimes these players are also too unlucky and beaten by the other teams.
A reason why I could say that there is no perfect strategy in betting and even if have been doing this for many years, losses are still possible and we can't change that.
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As the market sentiment is showing to us, it was very clear that it was impossible to happen unless there was a so-called miracle event. This year 2023 is not yet a bullish year for crypto where $69k is to be considered on that state but just be considered as a year for recovery. Of course, there is still hope for that but it was impossible to make it this year, maybe next year after halving. Despite the current situation, we can never be mad about it but rather accept the fact that Bitcoin doesn't recover fast and easily after bear season.
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Do owners of betting companies place bet on their own platform or is there a policy specific policy that restricts them from betting. Do you think that there would be conflict of interest or that it will be unethical if owners bet on their own platforms. These are the questions that I am seeking an answer to.
If I am the owner, I surely bet sometimes just to test if the system is working. If not, some of the staff will do that but this does not mean we are betting to win unlike the gamblers do. Of course, as the owner of the casino, I don't think it was pleasing to bet in our own backyard as it was good to bet in another place. If they will, I believe it was for some reasons like betting together with their friends, a friendly game probably. |
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