But Bitcoin is not a stock, it's a currency, and being volatile is a very bad thing for a currency, it makes it unattractive for users. Imagine if US dollar showed the same volatility - prices in stores would change every day, and planning something even 2-3 weeks ahead would be hard, because the price could change by 5-10% unpredictably.

And as for investing, stocks can be analyzed. Lots of people predicted that Tesla is overpriced. But with Bitcoin no one can ever make an accurate prediction where it will go next.

Imagine after all those suggestions, he ultimately decides to play on 1xBit

Too many people did this during 2022 bear run and too many people lost. We should not be revenge trading, there is no return on that and you are going to end up being unhappy because of it, no need to do it at all.

I personally believe that a loss is a loss and you should get over it, it's normal and when trading you can't always make profits because that is literally impossible, but if you have a loss at least learn from it. Then you start to trade normally again, it would definitely help you out a lot, it should be pretty awesome in the end. That's just my understanding of the market, just keep doing the way you normally do, no matter what the results are, and don't get emotional about it.

We are still in a bear market and we still don't know if the remaining top altcoins will keep their position, Solana and FTT are out I believe but that doesn't mean you can't make profits off them but I can bet that new altcoins will take over top 20 incoming bull market, it always happens in every bull market.

For me I prefer looking for the new gems that can take over top 10 to top 20 in the future, crypto is not perfect yet and something better will always come up to take the lead over the old projects.

Well first of all sorry for your losses but this experience is kinda normal with many folks here in the forum during their early years of knowing bitcoin. A mistake is unavoidable in the life of a human and its also part of the learning cycle because the best lessons is always learnt when we make mistakes but all together i just hope you have learnt from your mistakes.

But you can still atleast try to gather enough btc again seeing that market now is low, you can buy at a low price now and hodl it till btc goes up again. Like you said no one knows when the price is going to pump up again so stop regretting and just keep hoarding enough  btc you can get your hands on to because the time is coming when people that Missed this golden opportunity will also lament and say this word of regret "how wish i knew it will rise again ". So buckle up and start buying bro the future is bright.

You have a point too. If AI will be used to bet for us, we will not feel and experience anymore the thrill and excitement we may found from betting. Because admit it or not, being a gambler is not just all about winning profits, but it’s also one way for us to become entertained and be satisfied with whatever game we bet, regardless of that bet end up a lose or a win.

I agree. Everyome should be very mimdful of their spending, but in my honest opinion, especially for those who really worked their asses off all year round, I don't think spending money for yourself or for others in the single day of the year when it is socially acceptable to do so is a bad thing. Well, provoded that it is still within your means and ypu don't habe to take out a loan just to buy gifts and spend an extravagant christmas. Spending habits are very important to uphold and all but if you don't use your money for nice things at least once in a while, even if stockpiles into the millions I don't think it will hold any value to you. So use your money, and use it wisely, is supposed to be the right advice.

I think it is your mindset that is playing fast one on you. If you have made losses, get up and move on with your trade, don't stay back and begin to look at the losses because the next trade can be the profit that will give you the confidence you require. You will always feel scared when you don't move pass your fears.

If you follow crypto news, you might be aware about solana dog shitcoin called "BONK" is up 900% the past week . If you are thinking to invest in this coin, let me share an important fact regarding this coin. The top 20 holders 50% of the coin.

You can yourself check this here
https://solscan.io/token/DezXAZ8z7PnrnRJjz3wXBoRgixCa6xjnB7YaB1pPB263#holders

So, it is obvious that they will eventually dump it. Those who are investing seeing the dramtic increase in prices will loose all their investment when it dumps.

There are alot of people who are already full time gamblers and live all their lives on gambling and ate doing very well on it. I'm not a full time gambler but my profits are massively over my loss and one of the things that has helped me with as regards to the fact that I'm not a very frequent gambler I'd that I always have to take my time to analyze my games and I play every game like my life depends on it so I try all my possible best to be at the winning end.
There are lots of casinos that don't have any since issues with their deposit and withdrawals as long as you stay clean from your end and examples of such casinos are duelbit.

I do think that it will break over 30k this year for sure, I mean it's such a close price, it's not even 100% and we all know in the crypto world we face 100% increases all the time when bull run happens, in fact it happens a few times back to back. Like it could go from 16k to 30k and to 60k to 120k, which are all x2 increases eventually.

I believe that 30k will happen but in order for that to happen, we need to make sure that we are in the right head space because it won't be that simple if we do not end up with a good increase in price. Basically, all I am saying is that we need to have the starts of a bull run before we could end up being above 30k.

In a third world country, it is definitely hard. Beside the fact that we have a very low salary range here, but also the products and necessities' price are constantly rising, putting the thoughts of saving aside. So, it's almost impossible for you to have at least the third half of your income not intended for something like bills and other necessary expenses. We literally are working to survive here, If you don't have enough guts to look for another way to earn, you'd probably going to end up broke and homeless once you lost your only job.

Bitcoin is really hard to own this time but if i hold my bitcoin from 2017 till today maybe i have it or maybe i already get it during the bull run and change it into fiat for some reason.

It could also be that they are just lying, just as there are gamblers out there which are very vocal about their wins while they hide their losses, there are many traders that are like that too, so while we may have the impression they are making a fortune while they trade as they post about all the profits they have obtained, the truth is that their losses surpass by far those profits, so even if they try to sell themselves as successful traders the reality is nowhere near as optimistic as they try to make us believe.

AI has to depend on the data, it doesn't randomize. This means that it would try to do research and weigh people's opinions, bets placed, interviews with players and teams and draw a conclusion from it.
You can do the same thing if you want or go with your gut feeling but I'm positive that the AI would always choose the stronger team to bet on. It would never go for the underdog because statistics tells it that the team that has 70% to win should be chosen, right? This means that in the last FIFA World Cup it would bet on Belgium vs Morocco, and about 90% of bets in that match was for Belgium, but it lost.

No admin? Uhmm I think there is. What about Satoshi Nakamoto? Don't tell me you are thinking that Satoshi is already dead? No no no, don't think like that. We should be positive and hope that he/she/they are/is still fine because if not because of him/her/them then we won't have some of the things that we have now. But I agree that BTC might be the most decentralized crypto among all.

Even though it's known that Satoshi Nakamoto had some good number of BTC in his/her/their wallet. He/she/they never sold it because he/she/they knew that it will scare us and he/she/they do not want that to happen while that is something that other coins devs cant do but their main purpose on why they join crypto is only to earn money.

To see this many people who are still afraid that there will be even more drops is making me sad. I think it has already seen the bottom, and there could be a small growth, not huge, so I am thorn between answer two and three, I do not think that it will break any new ATH at all, that is not going to happen this year but I think it will grow only a small amount, like maybe somewhere between 20k to 30k, that would be it.

It means it is still a good result for bitcoin, and even though it is not a great thing, it is still better than 2022 at least, there won't be more drops and that means it is a good result and that is definitely mean a lot, if we don't drop.

What nonsense? Second of October 2023?

Who knows what this means buying enough time for themselves to get the case all settled up with bribery.

Can you recall what they say happens when a rich mans case stays too long in court? These people avoid the cops but they can never avoid karma. Sick and tired of all that.

In the past years, i have seen a lot of the Distortion Pattern III... people who get a huge win at the start of the run and stay there until they lose all, and I have seen this with big amounts too, some years ago I saw how a high roller win 40BTC in his first bet, and he stay there playing until he lose 60BTC, even if the bitcoin price was low, the amount of btc was big.