It is a good decision to invest 50% of the Bitcoin you have for the long term because it will be needed later and we will see a surge in Bitcoin next year when the Halving will happen. The new ATH is the most anticipated target for all long-term investors.
When you are trading and investing it is a good way to go.
It is not easy to start trading at first.
You have to understand how the crypto market works because of the high volatility.
Short, medium, or long-term can be chosen whichever suits you.
Short-term will give you quick profits but also give you quick losses, depending on how you manage and understand the market well.
Investing will be much safer than trading, if we are talking about futures, then a beginner will most likely lose more than he will earn, if it is spot trading then the chances are higher, but the risk of losing money will also be present, because short-term trading requires making many transactions and you need to understand that not all of them will be profitable. Investing is simpler, especially when it comes to buying Bitcoin, you buy it and hold it until you reach your goal. In this case, the main task is to achieve a good entry price and if you store the coins correctly, you should not have any other difficulties and you also do not need to waste time analyzing charts and making trades. If I may add my opinion, investing may be more appropriate for those who have large or small funds and have a level of financial security that they are not worried about, essentially they don't want to bother scalping and only have long-term goals for savings funds. These investment activists usually put their funds in BTC or leading coins and do not carelessly put them in shitcoins. In my opinion, investment is a safe, comfortable and easier option to undertake than trading. Even though it looks simple, sometimes people who want to make long-term investments also need to master technical and fundamental analysis in order to optimize profits. This analysis is certainly useful for determining which support levels are good for entering or making purchases. There's no such thing about considered safe in talks about trading and investing but on the sense that we are talking about the level of risks then we could really be able to say that trading is really that risky because you are really that dealing with volatility actively on which means that you would really be needing up to face and act accordingly basing up with those movements or else then you would really be finding yourself on big problem on which you would really be that prone on losing money in a short time if you do make out some bad decisions in regarding with your position. In choosing in between two then you could actually choose two of them on which it would really be just that right if you do have both as long your capital permits you because not all would really be that having that capability and capacity when it comes to financial knowing that both things requires capital and if you do have this then its not bad to go with both options. You could always be having the choice if you do want. |
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Yes women are generally afraid to take risks because they can control the bad and good sides of gambling very easily men once lost control is much harder to get back. A greater proportion of males participated in any form of gambling than females gambling can be an addiction. Gambling addicts cannot control the urge to gamble even if they lose a lot of money they are willing to risk something valuable in the hope that the reward will be more valuable. But women are afraid and mostly women don't like gambling. I guess this opinion makes sense that is why there are also lots of well-known women gamblers in history. They've won not because o their gender or dominance in the game brought by their intimidation towards their opponents but y their discipline in playing the game. For every game that they've entered, they are the ones in control. Most women don't like gambling because they have a low tolerance for it. They value more the security of their money rather than risking it and have the probability of losing. They cannot take such big risk, when they do- they are very conservative. I agree to that on which women are really that very skeptical or really that in hindrance on whatever things that involves money or basically be spending it up on something which whether they would be seeing for it to be worth or not. They would rather prefer on spending money with beauty products rather than on losing it on gambling but since there are still women who do gamble for such leisure thing then its true that they are really that more better when it comes to control compared to men but we know that this one involves luck and this is something that cant really be altered out or would really be influenced whatever the gender it would be having. There is really that always that gender discrimination and this is something that very common or usual on this community which men would really be looking down on women. They would be always having that kind of impression that they shouldn't really be involving on things on which it is really just that good for men which there's nothing we can do on changing up that kind of thinking or mindset. |
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I don’t see how bitcoin affected them.
Same here mate, I barley get the connection of this story with Bitcoin. if he incures a loss from his investment in. Bitcoin that would be as a result of his own inability to safe keep his funds or maybe he gambled them. From what I see here, the man is aggressive and irresponsible which led to separation from his wife. We here alot of such news everyday, concerning domestic violence, just because they mentioned Bitcoin these internet bloggers decided to use it as a head up story for their page. It is really just that simply showing about bitcoin investment which would really be similarly could happen even on a typical or traditional investment on which it is really not that a good thing about blaming Bitcoin for this incident.It is really just that because of that rage because of losing investment via Bitcoin and this would really be basing up with their decisions which we know that losing money is never been a good thing but its impossible that you arent that aware or wary about the risks involved on the time that you do step your foot into this market on which losing could really be possible. Sad thing on here is that this do really ends up on separation and hurting his wife or tended to even kill which you you know that if you cant really be able to control your rage then it would really be definitely be ending up for you to do such things which you didnt expect that it would happen. Regret do always happen in the end and not in the beginning. This is why having that self control and temper is really that crucial specially with this investment where market is really that unpredictable and anything could really happen in a snap. |
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BREAKING
Billionaire Michael Saylor Predicts that Bitcoin is Can Hit $5 million dollars.
I'm not surprised that Saylor is saying crazy targets because that's his job and people saw him for what he is in the last bull. For me, his statements don't matter at all. I see him as a cryptocurrency sell indicator. To this day, every time he tweets or makes a statement about Bitcoin, it's followed by a drop. He seems to be one of the ardent defenders of Bitcoin but this may not be the case and Saylor was one of the actors in the dot com bubble and was prosecuted. Every time this guy says he bought Bitcoin, Bitcoin falls. He acts as a reverse indicator. I love him. I don't know if it's a coincidence or there's some reason behind it but we have to admit that every time this guy announces to buy more bitcoin it seems like the bitcoin goes down a few days later, laugh. As for this guy's prediction, I don't understand why so many people are always interested in famous people's statements. Do they have any proof to support their prediction? Or are they just wild predictions to attract attention to themselves like many people have done? In investing, it's best to do your own research and stop trusting anyone, especially social media influencers. I would always go opposite into those kind of predictions whenever these known billionaires or institutional personalities would really be making out these kind of sentiments.Whenever it would really be a positive sentiment then i would go for selling position but if it would really be that negative news or words then i would really be going for buying position on which it turns out to be that a good thing for me and it seems that this had been that a good basis whether you do buy or sell on these conditions on which its never been that something new that these news or sentiments could neither give out some effects or not.It would really be entirely be depending on market demand and recognition plus the emotions that circles around. $1M - $5M predictions are really that something on that delusional part because if we do tend to look on the current price movement or even in the past where it cant really be just that possible that we would really be reaching out those numbers in short time or even with our life time. Everything would really be according to acceptance and recognition in the end of the day on which it is something that cant really be controlled. |
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Real Estate investment does not have high risks but is comparable with the possibility of profits which are not high, so for investment security of course many people trust Real Estate.
I think almost everyone who invests anywhere will continue to invest in Real Estate for their future.
Investing in a field that you have mastered does increase your chances of reaping positive results, but there is no harm in trying to learn about investments that have the potential to reap profits.
There is a time for everything so it is important for us to understand the timing so we can enter at the right time.
Pro investors diversify their portfolio across different stocks, sectors, markets and real estate is used for diversification as well. Both crypto and stock trader should have it. This is the type of investment you can use on your own if you need. Also, it protects from the issues on your main market. Multi-millionaires or billionaires didnt really been able to reach out that state without doing this, on which they would really be trying out to expand their business and investment as much as they could or really having that multiples for them to be able to reach out that kind of financial state.This is why we cant really be able to tell that it was really just that easy.It might looks or sounds easy but really doing it is really that challenging or something that not all people would really be able to achieve in their entire lives no matter how they do it. As much as possible and if we do have the money then we can really that able to invest on real estate and crypto and other businesses which would really be generating out lots of income. The more the merrier right? It is really just that the main problem we could have is on getting that capital. We know that in every move it would really be requiring that capital or money which it wont really be that small and this is why tons of people would really be missing out that kind of opportunity because of lacking with this. |
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Quite clear that gamblers often need to take care of they emotional well being of others to stay ahead in making game calculations and decisions that will place them in a better position.
But that's one hard task when the gambler has been in the sensation of winning and losing. Why both? It's because winning gives that emotion that we're like untouchable and we want to gamble more. And with losing, it is giving us the bad that we have to recover and we can't be losers so, we continue even with that emotional attachment and reminder that we shouldn't. It's hard to beat this matter when you're in both enjoyment and feeling because even you are aware that you need to stay calm, you can't say what happens next. Actually we can never get rid of gambling easily especially when our winning moment comes in gambling/casino, a kind of excitement works in our mind and hence we start focusing more on gambling. Again, when the losing moment comes in gambling, even though there is a temporary negative effect in our mind, later we become addicted to gambling more and more to make up for the loss. So it is easy to get involved in gambling but once you concentrate it becomes a much tougher challenge to keep yourself away. But it should be remembered that no work is impossible.... It would really be giving out that kind of boost up on which it is really that something that would really be that mainly be felt out by most gamblers and this what makes you push to play even more. This is why it would really be just that easy to say when you arent on the feet of those gamblers or you arent on gambling session but on the time that you do make yourself that real involvement then things turns out to be that different and this is something that very common or likely to happen when it comes to talks on disasters because gamblers do definitely be experiencing more losses than winnings and this is in fact the reality of gambling. Gambling is for leisure and not making money on where most people do really have that kind of impression and when the time comes that they had been devastated with gambling then this is where they do make out these self realizations and would really be having that regret on what they have done. Dont come into a point on which you are already that being devastated with gambling via finances because this is the primary thing that would be affected if you arent that responsible in towards your spending limit. |
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It's wonderful that such a big amount of money was returned. I can't imagine what those who made such a costly mistake were feeling, and I remember people voicing concerns in the thread that they don't think it's likely that the funds will be returned. Reading the discussion, I don't buy that this transaction was intentional. I think it was an honest mistake, and we shouldn't blame the person responsible for it, as sometimes terrible mistakes just happen, and it's hard to understand how they happen beyond the fact that making mistakes is a part of human nature.
You know that people would be always have that something to say when it comes to those probabilities on which it is really that simply showing some trust issues or something that we would really be loving to go into those things which blaming which is casual or as i said pointing out those possibilities which even if it isnt true. We would really be having those doubts or really trust issues i had said earlier. Its true that how about into those people who had made out some mistake on making use of those big amount of fees on their transactions? Usually big numbers and known companies or personalities would really be making out such noise and this is why to those miners who do able to receive such fee will normally be making out such move on giving it back because it would really be affecting their reputation of course and this is something that they do avoid. For those normal joes then for sure it wouldnt really be given back but well we cant really make out conclusions since we dont know if ever it did happen about in between miners and to those who had mistakenly sent out those huge fees on their transactions. |
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I think just looking at the name and token/coin category it is already a project that doesn't look serious. But it turns out that there are also many projects that are developing very well. Like Doge and Shiba. So Memecoin is a memecoin. So beginners must realize that sometimes memecoins are not created to continue to grow. It's just that memecoins sometimes just rely on hype or involve pumping and such. So no need to expect much. The presence of memecoins has actually given a different color to the diversity of altcoin types. And I think that's a good thing for those who understand that.
Im already that done with this kind of perception or impression on which good looking coins or legit looking ones would succeed which this isnt the case on this space but rather you would see the opposite on which it would really be that boggling your mind that hows it possible for a shit looking project would really be gaining so much value without having those common qualities of a good coin? This what really proves out that it is really that everything is really random and good looking projects or known dev kind of project doesnt assure speaking about success because market demand would be always be the ones that dictates on which project should pump or not. Doesnt matter if its a shit or good looking one.This is why analysis would be made isnt something that gives assurance about profitable or good taking because we know that meme coins arent really that something that totally garbage because there are ones who do really be able to fly out or even with those shit looking altcoins in the market which it might be looking shit but it did make some huge pump.lol |
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...Is it possible to retain the name of BUSD but just change the issuer? So it would still fit for used on Binance exchange or this is possible only once the old busd taken down by Paxos.
It is possible that the use of the BUSD stablecoin name is restricted by law and we do not know for certain in whose name this trademark is registered. And if Binance planned to use this name in the future, it would happen right now, when the new stablecoin FDUSD is being introduced on the exchange. They would come and go and this isnt new thing which if there's one that would be removed then expect that there's always a possible catch in the end. This is what i had noticed out that BUSD would be discontinued to be supported with Binance on the time that i had bought BUSD or have some conversions in Binance platform on which it did really make out that kind of announcement or alert about discontinuation of supporting for this stablecoin. I thought Binance is the only ones who do create it out but did make out some search and find this. What Is Binance USD (BUSD)? BUSD is a fiat-backed stablecoin issued by Binance and Paxos. Each BUSD token is backed 1:1 with US dollars held in reserve.Source |
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More also losing means your animal is gone, because in most cases, not all the cocks survive the battle and come out alive. Also, I may be wrong but there are rules which in theory allow the cock to finish the fight and still being alive. If the animal runs away the arena instead fighting his opponent, then it will be considered to be a default defeat, also of the owner of the animal interrupts the fight in order to save the life of the animal, then it would be also considered to be a defeat. Though, keeping in mind that owners of those animals are very aware of the fight-or-die nature of these events, it would be very rare if some of them interfered to save their animal. The only reason which comes to mind would be if the cock is valuable enough to get a second chance or breedig him. I'm not also sure with that setup, from what I understand losing cock will also included to the winning prize of the winning cock, the owner of the winning side will take the cock dead or alive, I'm not sure if the losing owner still have that chance to save the life of his precious fighter as the nature of this gambling is to go all in, I mean both money and the fighting cock are at risk once they already inside the arena. Fight-or-die and nothing else, something that the owner who raises the fighting cock already accepted before they bring the fighter inside, together with their hope and money. It's everything after it has been setup. Totally impossible that there's no one would gonna die after the fight because this cockfighting would really be a fight to death on which if the said cock wont really be able to fight then this is the time that it would really be declared. Pretty much aware that if ever you do losses then that cock of yours would be given into the winner which it is really that an additional prize or this had been the common set up with this kind of gambling which as a loser then you wont really be taking any home even on your dead chcken. As a long time cockfighting gambler then you are already getting used to it or been totally aware on what are the rules and this is where you should need to agree with. We know that there are places who would really be minding about animal cruelty but there are places which doesnt really care and they would really be just following on what their traditional way of gambling specially cockfighting and for me then it is really just that right and not really that much harsh for me.  |
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Do you have a set "goal" price at which you'd be selling no matter what happens? Do you intend to sell incrementally as the price goes up? Or maybe when the price gradually drops (e.g. it goes down for X days in a row), indicating we're past the peak?
I have set my goal to sell some part of my bitcoin assets by the second quarter of 2025 that's when I deem fit that the crypto space will be experiencing a bull run by then. Whatever price I see by then, I feel like if I have gotten the profits I desire from Bitcoin investment, nothing stops me from selling some part of my Bitcoin. The rest of the bitcoin not sold will be kept by applying a DCA strategy to it There will be a bull run for sure, but the bear market following that bull can be different from all the historical ones. There will be the world's biggest institution onboard, so we may not see that 45% fall over night like most of the bear market. There will be corrections, but not like before. Those big institutions will try to keep the market stable so that they won't lose their customer funds. I can be totally wrong, but I think something like this will happen. There won't be the kind of bear market we are facing now. It will be more like a sideways move and slow market growth after a certain point. This is just a prediction. There's no way on knowing on what would be the bull run looks like on this upcoming bull run when halving happens because this is where usually it do starts to kick on. No one could ever tell on how it would looks like but definitely there would really be a bull run.We cant really be just having a market without having a bull run and just remaining to be bearish? thats not how a normal market behaves or works and this is why it would really be just that normal that it is really that wise on taking up the opportunity on accumulating while the prices are still cheap or something that could really be able to take chances on getting those in bargain because once the market would really be having that u-turn then you would definitely be ending up on having regrets on what you had missed. Just dont make yourself do say that common line "how i wish i do able to buy more when its still cheap" kind of tag which people do mostly be saying on the time that we are breaking new all time highs which it isnt limited only on Bitcoin but also in other altcoins as well. |
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https://protos.com/owner-of-8k-bitcoin-lost-in-landfill-threatens-to-bankrupt-local-council/I think him lashing out at the city council and threatening to sue them doesn't make bitcoin look good. wherever his hard drive is, if it's in that trash dump i don't see how even a data recovery expert could get anything off of it. it's probably been crushed, cracked, corroded, etc. lost cause. his big mistake was throwing it away in the first place but that was his fault no one elses. he lost those bitcoin a long time ago. and they're not coming back.  On the time that Bitcoin was just into its early years then only a few did make out have that trust on investing into it without even having those kind of hopes or insights about becoming big in the near future and on the time comes that Bitcoin did hit up those bull run prices or new all time highs then for sure it did spark out and make those early adopters to find their Bitcoin stash on which this one included for course. No one had ever been that believing that Bitcoin would really come that far and it would really be just that normal that you would really be finding where those coins been hiding and been stored and we know that on that time which only a few do mind about their coins because it was cheap but on the time that it did make out some huge movement then this is where stash-digging happens. This would be a good read up in talks about lost wallets. https://buybitcoinworldwide.com/lost-wallets/You could really be able to say on how such a waste on losing those coins which value over billions of dollars but well there's nothing we can do about it since it is really that lost and floating in the void forever. |
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Dont let yourself be ending up on sleeping on the streets just because of the wrong decision you had made. People do really make out learnings on the time that they would be experiencing unfortunate events
or those devastating moments on their lives. If they wont really be changing up their behavior then this would really be ending up on a lifetime regret and dont let
these things happen into you.
Worse things like this can happen if you failed to balance your budget, overspending your money can lead you to a certain thing that you will regret after, keep yourself from what you need and not with what you want. A basic principle that will allow you to adjust to the budget that you can have in a daily or up to monthly expenses. With good money management, there's a chance that you may be able to save and after that, have a good investment to add up with your savings. Agree on some point that in speaking of spending something for your wants isnt bad as long it would really be in moderation because people do mostly ending up on spending unrealistically or something that really exceeds out that particular limit on which it did come into a point that it is really that not ideal at all on having that kind of spending. You wont really be getting or making any savings if you do have that kind of spending behavior and its true that regret do always come at last and not something you could encounter on the front. This is why before you would be able to experience this then better cut it off before its too late. Regrets do always happen in the end and if you arent that mindful then sooner or later you would really be having the taste of it. Be sensible your spending and always prioritizing on whats needed and limit out your wants spending or something which it isnt really that important at all. Life is like a marathon is on which the one who could really be able to sustain and survive for longer wins. |
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~snip~
I like what you say, it is true about the weak mentality, it is not something that can be worth carrying always, especially when it is with a casino, a player should always control his emotions and not allow the emotions to be above his person Here in these cases what should be done is that when there is a lot of danger of doing things wrong, then stop and wait, not jump in, because I have played like that and when I get carried away by emotions and I mess up more and lose or so I won, I feel that I have been irresponsible , because I have risked more than I should have and that is not the idea, I mean doing things in a controlled manner and not risking too much. Limiting oneself is crucial for both life and gambling. As you are aware, pushing oneself too far can be risky; its a slippery slope. To begin with, the first thing that will enable you to play correctly is your inherent self-awareness. Recall that the purpose of a game should be enjoyment, not guilt trips. A tight budget and frequent breaks are two more effective strategies for maintaining the right balance between leisure and responsibility. Limitation and moderation is indeed a very much needed kind of behavior or quality of a person which they do really need up to be applied both online or real physical dealing with things. If you do see that it does really need up that kind of control then you should really be doing it.Its really that truly that impossible that we cant really be able to assess out if this thing does potentially make out some effects whether negative or positively on the time that you are involving yourself too much or that engagement is high. Its impossible that you cant really be able to picture out yourself whether you are really doing the right thing or not or simply could assess on the condition or situation. Be responsible on the time that you are dealing with gambling because with this which you would really be potentially be putting yourself at harm. We arent that dumb on not to see on whats good or bad but actually gambling isnt bad as long you do have that limitation and control specially on your spending. Just dont make yourself that simply over spending on the funds which arent supposed to be used or be spent on leisure times. |
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Emotions is a weapon used against traders causing them to move out of a trade untimely which may eventually cost them loss. How to avoid emotions:- set up a TP(take profit) and SL(stop loss) for your trades
- Stay away from the particular trade
- Get in some activity that will keep you busy
- Do your hubby activities at that moment
- set up hours interval to check your trade
- watch tvs and Go for walk
Note:Some of these might not be applicable if you are into scalping. These are just alternatives to divert your emotions so you will not be totally in stuck with trading. However, I believe if you want to control or avoid having too much emotions when trading, set a boundary or a limitation to your emotions. You can’t be too happy or too aggressive when trading, that will lost your focus from your goal. If you can separate and avoid having high emotions when trading, that would create a more positive outcome from your trades. When discussing about emotions in trading experience, we have to know that this does not include the pattern it types of trades we engaged, it's something that we should know and do in our own capacity to ensure that we curb the rate or extent to how we trade and loose on our positions more often than not, we know that it's not the trading we do that is not giving us the desired results but our own personal emotional challenge which should be treated before things go out of hands for us while trading. Self realizations and further adjustments would or should really be made because emotions are things that would really be that evident on the time that you do deal up with an investment which it is really that something unpredictable or totally random on which these reactions would really be that so common i should say. Sooner or later which you would really be able to make adjustments basing up on the experience that you have met up along the way on which it would really be that common sense or naturally that you would be making adjustments according into it or on what you do see to be that relevant. On the time that you had get used o within this market then you would really be able to handle yourself better compared when you are still just starting on and we know that not all would easily be able to succeed on this space and this would matter whether you do have that good self control or not. Results might not assured but having that more experience and having that stable emotional control will really be giving out that change or something that will be giving out that advantage compared among others. |
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I feel like it may happen but won't happen anytime soon. I do not know if my time will be enough to see this happening, I think it is going to be something that matters on the long term and the result could be very different. I hope that it gets to a point where it needs to be something that will prefer that in the end. I know that it will not get to a point where it gets to be specifically better or worse, but that is just how it is for the long term. In the future and possibility, everything had a chance to happen but we do not know if it will become a reality. I am also looking forward for Bitcoin to reach such price, the $5M per Bitcoin but it looks like it is just a wishful thinking right now. Bitcoin price doesn't even reached $100k so this kind of price prediction can be called insanity for now. I believe that in the next 30 years or so, we will not see it reach that level and we should be considering it as a possibility. I hope that we could end up with a good or even great result, which should be doing fine in the end and could result better.
I do not think it will happen in the next 30 years. Looking at the percentage decline of the gain of Bitcoin in each recorded 4-year cycle all time high price, I think it needs more than 30 years to reach even $2.5m. Even reaching $1M is already that something delusional or something that have that extreme wishful thinking on which if we do base up on its current movement or in every cycle then it is really hard to believe that it would really be able to reach out even on 30 year period but its true that there's no one on this world would be able to know on what would gonna happen on which it is why that we cant really be having that conclusive approach when it comes to price yet we know that its never been that impossible knowing that crypto market is still a decade old and there still tons of potential for its value to rise into those peaks. For those who had invested then better not to make yourself that too optimistic. Be careful on what these people been proclaiming or shilling out because these known people are really that been obviously trying out to raise the market price as to assume that they had already bought at the bottom and just trying to make things up. |
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You are right, the bull run has not started yet. I thought 1 month ago that the bull run has already started but then I was wrong. I understand after reading the posts of some senior brothers, it is not a bull run. But now I see almost all coins are damping the price a lot. I hope the bull market will start within 2-3 months. I want to invest some amount from my fund in different coins and hold.
Usually bull runs start after the halving, and we have time till our next halving. It will not start in 2-3 months, not even in Q1 2024, because the next halving will be on April 26, 2024. There are some other factors too that initiate a bull run, so it is hard to say the exact time, but it usually occurs 3–4 months after halving. That is correct, the catalyst for a bull run is the halving, and if I'm not mistaken, the schedule is around late March or early April. So there's a lot of leg room still for us to continue to fill our bags with the coins that we think that can give us good profits in 2024-2025. So I do like what the OP says here, it's not time and we don't want to swim in the idea that we are in the bull run when obviously, the price is till very low and majority of the altcoins are still in the -90% from it's all time high. From my experience, buying some coins today would be a good move knowing that coins are cheap since we are still in the bull market. I personally filling my portfolio now with coins that I like and of course I anticipated that I will make a profit in the upcoming years. I missed my chance from the past bull market and now I don't want for it to happen again, there's still plenty of time to buy coins in the market. I believe that buying before and after the halving will generate us profit from altcoins but the difference is the amount of potential profit. The lower we can buy is the higher we can maximize our profit. But people do still hesitate on doing so or on simply having those DCA considering that the price is really that low or still cheap but the sad thing that most people would really be that sitting idle and observant and rather on taking up some step they do just simply wait and make the opportunity passes or missed out on which this had been always the case. This is why it would really be that wise on seeing into those past events and happenings about its movement in regarding into its potential not only solely speaking with Bitcoin but also in other coins as well. We do know that this market does have its own cycle whether bearish to bullish and in between those gaps then you should really know on when to accumulate and when to sell if you do have the opportunity. It is really just that people do really miss out on making those entries because of doubts and uncertainties but i couldn't really blame them out because you would really be molding this kind of emotion and approach considering on how random this market is. |
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Different people with different approach to gambling. Some prefer committing huge capital to high probability small odds while others prefer using small capital to target big wins. There are many reasons for each of these approaches.
While those that put huge capital win more often, their losses are usually painful. On the other hand, those that commit small capital to make huge wins rare win but when they do, they win big; their losses too are less painful. There are other advantages and disadvantages for both approaches but for the sake of this discussion, let's know which approach you think is better and why?
On my part, then i dont mind about on how to make money but rather i do rather be doing my best on prolonging my gambling sessions on which means whether i do have big or small capital then i do always mind on how to make it a long sessions which means that i do stick with less risky bets or not really going all in. Speaking about best approach then it would really be entirely be depending on a certain gambler because we do really have our own preference when it comes to this because not all gamblers would really be loving that low risk bets but rather they would really be that going for those all in behavior and sees whether they are lucky or not. We know that each person does have that different capability when it comes to finances and this is where risk management and handling will really vary but most of the time it would really be ideal on making not yourself that too impulsive if you dont like for gambling to mess up your finances.Avoid it as much as you could because once that this thing hits then you might be able to experience hardship when it comes to recovery. |
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We can compare spot trading to gambling because by doing this trading people lose all their money in an instant,
Spot trading can't be compared to gambling, it's future trading that can be compared to gambling, because in future trading, there is always a liquidation price at which you will lose everything immediately when the price is hit. That's why future trading is just kind of risky, but in spot trading, there is no liquidation price. If your coin dumps, just keep on holding, and if you are holding something like bitcoin, it's going to bounce back, but it might just take time. where many experienced people do future trading with a lot of thought it is nothing but foolishness for a new member to choose future trading.
Newbies are easily attracted to future trading because of the high reward. Most of them don't really know much about it before they just jump into it. It's just better to start with spot trading with little reward and little risk, compared to future trading with high reward and high risk. In future trading, you can lose all your money within a few minutes if you are not careful. Spot trading is something that should really be those newbies would be tending to make that kind of start up rather than burning themselves on futures trading which its never been recommendable in the first place even into those veterans or old traders out there which it is really that a complete different thing comparing it to spot but what thing that makes it interesting for some people on which the potential income or profits is huge on the time that you do hit up the right prediction and same goes with those extreme big or huge losses on the opposite. If you cant really bare up with the risk then dont engage into it as simple as that. When you are a complete beginner or newbie then the best spot would be starting is on spot. Make yourself that able to master or able to familiarize and make yourself that sustainable on spot before you would really be considering on touching up futures because basing up on my own experience and awareness on which lots of traders had made themselves getting wrecked with futures. Dont make yourself included on the count and this is why its better not to rush things up first. |
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If you do have the money, then buy
If you dont mind about investment, then buy
If you've been born with a rich family, then buy
If you dont mind about bitcoin , then buy
We know that people are really that stubborn when it comes to tech and something which is really that on trend which including this Apple craze whenever there's a new model that would
pop out on which there would be people who would really be dying on owning one no matter what the cost. There are even people who do really end up on getting some sugar daddies
just to acquire one and dont mind on what would really be that exchange of that.
Just like myself on which my mobile phone is aged 3 years old already and i dont have that kind of mindset that being active on replacing my unit which as long as it works
then there's no way for me to consider on getting a new one or whats the latest. Its true that technology do always improved and enhanced on which unit models
would continue to have newer model as years passing by.
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