A minute of silence for all Alliance Block investors...i have a brother who invested in this altcoin, hoping to hold till the next bull market, unfortunately the unexpected happened, now all the money is gone before he realized what's going on.

What lesson could be learned from this?

If you are a altcoin investor, do not keep all your eggs in one basket, if you believe in an altcoin, make sure it's not the only one, in fact, the more coins you have in your portfolio the lesser the risk, because not all the coins will go bad or get hacked, if one out of 5 or 10 become successful, 6x to , 10x or more, you've made back your ROI and still have some gains.

Also, I prefer projects from the Binance launch pad because binance don't just list any projects, 85% of all projects that used Binance launchpads are successful.

Alliance Block market cap is very low, projects with very low market cap are called degen by many and they are very risky, remember Gala games? It was hacked and all tokens were reimbursed, if Gala was a very small project I don't think they will do the reimbursement.

People win 1 in 100 bets all the time and don't think anything of it.

So losing a 1 in 100 is all of a sudden a big deal?

Saving is wasting only if you save for wrong purpose. But saving is better than making wrong investments. I have seen people who bought shares of some companies and 5yrs later the share was worth nothing.
However your savings will always be there and inflation can only affect some percentage of it and not the whole capital.
In conclusion, you can save and also invest.

That's how some traders/investors deal with it,

they are afraid of taking the risk while the market is still down, but for those wise traders, they will take that risk and buy more as
they understand the cycle.

Buy and hold for the best interest for your investment, not all can patiently wait as most of the time traders are aiming for a
quick money that they can earn from the market.

I would partly agree with that. I think that some people here have never had the displeasure of suffering from an addiction, whether gambling or otherwise. We are all human, we all make mistakes and we all have weaknesses. Sometimes the difference between a choice and a forced choice (by addiction) is hard to tell apart. But anyone who has known what it feels like, the feeling of desperation becomes a gun to one's head. So at that point, you cannot really call it a choice anymore. But rather it becomes an illness.

Although showing compassion to those people could be right or wrong, depending on whether it helps them overcome their illness or if it just reinforces it by enabling.

At this point the most important thing to do is to begin the implementation of our long term strategies when it comes to bitcoin, trying to outsmart other market competitors could work if you are an excellent trader but if we are honest about the level of our skills we may realize that we may be unable to do this, then it is better to take a long term approach to our bitcoin investments, and if we have yet to start then this is the right moment to do it since bitcoin still is trading for a reasonable price.

Not much to confess about my Bitcoin venture except that I shared it to my friends and most of them think it was a scam.  That was wayback 2014.  No one ever invited me to crypto.  I found it through an advertisement from PTC sights.  Yeah I was an active clicker way back then trying to earn money but well, I didn't manage to withdraw a single cent on my PTC career because I was hijacked by Bitcoin and made me divert my attention from PTC to cryptocurrency and I believe it was the best decision I made in my entire sideline career.

One of the signs of gambling addiction that really matters is, the urge that makes you see gambling for a solution to your financial issues. There would always be issues right? Issues that money could solve but, when you don't have it and the only thing that comes to your mind for a means of generating funds is gambling, your in for some addiction problems. It doesn't mean that there would always be issues to ha e these urges but the point is, having a compulsivenesss to source out funds from gambling is the sign that matters.
Find yourself having this attitude towards funds generation, your best solution would be getting a job, be focused on it and have good money management skills.

Needs should be the priority first, and when you’re done with them, you can try to achieve your wants once you’ve got extra money to spend. But as I’ve said, if you’re struggling with funds, focus on your needs first. However, if you can have other sources of income, that would be a lot better so you can increase your income, reserve for your savings, and mostly you can do as much as you want with your extra money on hand.

As long as bitcoin keeps growing up and you can expect the price to go up as well. The metaverse hype will come back again once bitcoin will able to go to the around 35k - 40k range. I meant we will see that happen anyone would be interested to join in the metaverse. My question is why did you decide to buy sand token once the price has been going up? I think that it's too late to buy it but if you are using it for long term and sandbox was good token for that purpose.

Your decision to keep doing the trial and not to vary the trading capital you made was the right decision. because you are in a high-risk market with rapid fluctuations. Futures trading requires the skill to read the market well and be able to control emotions because the market cannot be controlled. Sometimes some predictions don't work out the way they should, so having a backup plan helps.
and the most important thing in futures trading is Using leverage wisely, Leverage can increase the potential for profit, but also increase the potential for loss. Therefore, it is very important to use leverage wisely and limit risks.

You’ll hear this one from a gambler who experienced a lot of losses but still ended up playing the other week. Since I’m also an occasional gambler, i didn’t try to stop gambling because I’m on a budget every time I gamble and I know the risk of losing the money which makes me more responsible. Its hard to stop gambling if you are already exposed to it, you can just limit your playing time though.

For my view I have always sees it to be a bull trapped though I never expected it to be this high as then I was thinking it could only gets to 23k or possibly to 24k before dropping back to 18k and then to 29k. But as we can see no one can actually predicts the bitcoin price with all 100 percent assurance rather of a possibility statement.

It must be hard for you, but in other hand, you have no choice for the shake of your business run to have no problems in the future. Because after all, when it comes to regulations from the government, sometimes we won't be able to hide much longer. It's a shame actually when Bitcoin could become a transaction method and ultimately failed because it collided with regulations in the country. Likewise with the conditions in this country that still have not legalized Bitcoin as a transaction tool. However, at least you have tried and let people know about Bitcoin.

Not just pointless and risky, it is actually direction-less, and nothing is more confusing and frustrating than this.
When I started gambling, I didn't know any gambler, I started all by myself, I did a lot of guess and errors, many days, I always end up frustrated each time I picked up my phone and decided to gamble,  and this was due to the fact that I lacked strategies.
But every thing began to change, and gambling became more fun when I started connecting and gaining ideas from other gamblers on this forum.

I believe the final decision depends on you. If you see profits already and you want to take advantage of it, then start selling some of your coins. And just buy again when the price dumps. But if you think there’s more profits ahead by hodling it more and just continue to DCA at the moment, then it will also be a perfect choice as bitcoin halving is still not happening so you still have all the chances to keep on accumulating bitcoin and just sell them when there is new ATH already.

Those are good tips and they are necessary to cope with your situation, but probably the most important thing when you find yourself in a situation like this is to try to earn more money, and there is no other way than to become your own boss and start your own small business, even if you got another job and worked for someone else you are not going to be paid what you are worth, then your only option if you want to improve your living conditions as fast as possible is to work on your own, now it would be unwise to leave your job when you are doing so badly already so you will have to keep your job for a time until your business succeeds.

Hello,
I know that trading requires knowledge, but any tricks for newbies about when to buy or sell? For example, looking at the volume, looking at the queue for buying and selling and etc.
Sorry if my question is not a good question.


Thank you.

There's this comfortability we get while operating on mobile device in gambling taking any good position that best suit the comfortability of the gambler either by sitting, slouching, sleeping, bending or even standing, gambling can be enjoyed on different body positionings without being distracted for any reason, we gamble at our convenient time and place without having barriers to how and when we gambles as long as we are on the mobile version.

Answering it on the current market situation is dear there is no way that Bitcoin is going to be under Whales pressure or in Bear Market Pressure. The market has not quite good Support but I am waiting for the resistance breakdown of 25k then the Bitcoin journey is going to be like a Slope moving upward. The market is still in the confusion zone. I am not going to put a strong word on it as no one can predict with 100% confidence as its crypto you never know what is going to happen and dear I have experienced the recent Bear zone and I know BTC has the potential to lose $10k in a few candles.