Money is truly a motivating factor and even without been told, we should know that money answereth all things.
I strongly agree with you on the things you've said about money because I've seen situations where money allowed money get into their heads and making them misuse the money and this situation is mostly associated with free money(money gotten without effort).
One thing is to have money and the other thing is to let the money get into your head and one of the reasons why people allow money get into their head is the is to meet up unnecessary competition.
Money is good but when not used wisely, it becomes a wrong tool.
Money can never buy happiness. but without money, one cannot have happiness. everything in this world needs money, without money there is not much we can do. according to the theme of the title above and as you said, that money is a driving factor and without even being told that money can answer everything we need. in essence, money is used for things that are vital for humans today, as a means of transaction. However, money is always the scapegoat which is always blamed by its users. often also used as a tool to facilitate actions that lead to crime, corruption, and all kinds of it. money was created as a medium of exchange rate, and its function was very useful until the time came for fiat money to be replaced by electronic money. however, money is always the root of the problem rather than its true function. There are things which cant be bought by Money which is; -Trust -Love -Time and other things which are correlated to this but we do know that it is already that part of necessity on which for someone to live a life. Having tons of money could really give out that happiness since you could buy all the things you do like and could travel with your loved ones and cherish out precious moment together compared into those situations that you dont have money trying out to experience this and this is why i do partly agree but most of the time i do disagree with these kind of sayings. |
|
|
|
Having greed is good, its the stupid mistakes that make you lose money. Greed is wanting more money, holding more than you should is not "greed", its a mistake, if you know what you are doing then you would sell at the top and buy at the bottom and make more money aka be greedy.
So all in all, do not make all the mistakes confused with each other, because emotions in trading world is very dangerous and mistaking which emotion is which could be even worse and that's an important thing.
Greed is never been good because this would be pushing you on becoming that desperate when it comes to making money which you would really be that not minding about those basic analysis that you have done earlier just because you had made yourself that confident that you could still make some money.This is why you should really not make yourself that greedy because it would really make some mistakes that you might be able to regret later on.This is why proper handling of emotions and and self control is really that necessary specially when dealing up with trading. You cant really be that making yourself that confident because its always been a challenge on handling yourself on an unpredictable market. |
|
|
|
please explain me why bitcoin will make another all time high
or explain some circumstances in that bitcoin's price will go more low and never or after long times later comes up
No one really knows if we do talk about the future on which you cant really be able to tell or no man on this world would able to do so because this would really be that subjective. It would really be depending on the demand and would really be depending on the recognition of the community or the market where its value is really that determined or really basing into that. Bitcoins price never comes up or increase?It cant be possible considering that we are really having that long bearish market but doesnt mean that it wont be have a chance on going up after a year or more or no one really knows.This market is unpredictable and there's no way you could be able to determine that. |
|
|
|
It's not a strategy because you don't have to think about it, you'll wait for the result to come, and then if it's favorable to you then you'll figure out that you're lucky if you're winning at most times. But if not, then that means you're not lucky and just losing everything you've got. And if there's someone that has been doing this strategy for so long and only gambles to continue when he's lucky, and then stops completely when for the first few bets he's already losing.
Exactly! You cant call it a strategy since you are just basically be doing up those casual actions or moves that you had on the time you do engage a particular gambling game.If it do turns out to be positive or profitable then it would be normal that you would be thinking that your current strategy is working. Just like been said that there's no thing on this world which would affect or increase your winning chances or probability or simply luck on dealing with a gambling game considering that everything is random. Never make yourself been pushed on believing on things which are impossible to point or notice it out. |
|
|
|
2022 In 22 trade I have never had to accept so many losses since the advent of cryptocurrencies.Those who are mainly dependent on trade are now on the verge of destitution.Before 2022, it seems that trading has not suffered so much loss2022 is a cursed year for traders.If anyone has any idea on when bitcoin position will turn please share it will save many traders like me from losing.
There's no one could able to save you from your losses but only your own self.We are all speculators here on this market and there's no way we could be able to predict on what would be the things will happen in the future and this is why lots had made out some shitty decisions and ending up on losses or negatives.Nothing is surprising because this market had always been unpredictable or something that cant really be known. We have some worst years but cant really deny on how worst year 2022 is, lets hope that things wont even more something bad than on last years but of course no one could tell on how it would be, just make yourself be prepared for whatever things we might encounter again. |
|
|
|
All traders, including seasoned pros, make these errors, for which they ultimately pay a price. The primary prototype that a trader should control is greed. Beginners and traders succumb to greed and overtrade, which leads to blunders. I am aware that keeping is occasionally preferable, which is why they always recommend trading within your means. If you go over budget and trade with your savings, you may be obliged to sell the coins at key moments when keeping them could have been a better choice. Act and make investments as such.
Greed is what makes most traders lose their capital even if they have good profits. For me, I return my capital in full and put 50% of the profits into trading, and this reduces the risk. Holding is the best option that makes us achieve huge gains in the long run, but we must not bet all of our capital in one currency and always follow technical analysis, charts, and currency news. and we must adhere to a specific plan and collect fifty percent of profits as soon as we obtain them, then move on to another trading process, and most importantly of all, we choose the trading platform carefully on which we will deposit and HODL our currencies on it. On the time that you are making out some profits then for sure you would really be thinking off on how you would really making it even more and this is something a certain investor or trader to do on which you shouldnt really make yourself chasing off for more profits. Always consider out that risk management which is something that is really that much needed most of the time.Dont overtrade and dont make out that kind of desperation on making out trades just because you had made out some money on your first tries. Market doesnt always go along on what we are expecting and we should really keeping those things in mind. |
|
|
|
Chess tournaments as well as checkers may be a good sports field for the betting industry. I know I would bet in a chess match as I already did that against a friend. We have gathered a group pf players in my neighbourhood. Thrn we started with a betting game where we could bet on the winner ot we could bet on first player going for a check. Ithe experiment worked out fine. So, if there was a site where you could bet on checkers or chess would you go for it?
^ Yes of course. This is my favorite game before when I was in college but now, it is occasionally I played once I have a vacant time together with my relatives. But it is different in gambling casino that has this kind of game, probably in live betting but it is hard to find someone online that we don't know if our opponent is a bot or an areal human. Chess tournament is very common now if they have a live online sometimes it is good to place a bet especially if you know very well the player. When im still on college then this is a game where i do really have the fun the most and now when i do already have my own family then i did teach my son about it.Yes, its entertaining and enjoyable but not something that would really be fitting out on gambling field or industry or on casinos.Most users had already mentioned out about its disadvantages and for sure it wont really be that a main choice for most casino platforms. It would be great if there's someone who would really be offering but im not really that expecting much because it would be always basing up with the demand. |
|
|
|
Hello friends Do you currently have at least 1 bitcoin? Many people sold their bitcoins after quite a big drop,but i am sure there are people who still hodl a large amount of bitcoins And i always wonder what motivates those people Faith,hope,unemotional analytics or the ability to see the future?  Please,answer only those who really own at least 1 bitcoin Thank you Not something or ability to see the future (nobody does lol), but the ability to anticipate what the future holds for Bitcoin and the ability to accept the possible losses once your anticipation fails you. There's a bit of faith in there, but hey we're in a highly speculative market, but the good thing about Bitcoin is, it is gaining more and more popularity. To make things short, Bitcoin isn't on it's peak yet and look at how much value it gained over the last 10+ years. There's still so much room when it comes to recognition and this is why we could really make out some presumptions that it does really have that potential on reaching greater heights but well its not an assured thing and this is why its recommended that you shouldnt really be that too confident when it comes to crypto investment even into Bitcoin.There would be no assurance that it would be still alive on next 10 years. Going back into the question about having 1 BTC then if we do talk about ingoing and outgoing transactions then it is really going beyond that border but talking about actual 1 btc on savings then i dont really have, its hard to save when you do have lots of things to buy on. |
|
|
|
If you are in twenties or early thirties and remain single, earn $3,000 after tax per month, you will probably save $1,000 if you, let's say, spend $500 to $800 on rental, a guest bedroom in a shared house/apartment, $500 on food, $50 on utilities, $150 on phone/internet bills, $400 on commuting costs or gas/maintainance if you have a used car, $200 on occasional entertainment or others. This $1,000 savings will allow you to invest or place a house down payment when time is ripe. Is this possible based on where you live ?
Unfortunately 2022 was a year of great upheaval, just as it looked like the world was getting out from the shadow of Covid and on the path to recovery, Russia decided to create the first war in Europe since WW2. This seriously impacted on peoples ability to save, especially those on the lowest wages who were getting squeezed from all sides - fuel costs, housing costs, food costs, etc. In stable times the breakdown you gave might work, but in great inflationary times it can often be hard for salaries to keep up with all the external cost pressures. Hopefully Putin is overthrown and peace can once again be brought back, which fosters creativity instead of destruction for old men. Even if War would be over it couldnt still able to resolved out about these inflation and other economic problems but somehow at least it is really that being lessen and make things a bit lighter but it doesnt meant that it would be already solved out and this problem would still exist.Its true that if you are that someone who do solely rely on income or salary on a day job which those amounts are already sufficient for your daily living then saving up some money is close to impossible or something that cant really be done.It might not be hard on some people to save up but in most people then its a challenging one. as mentioned above 2022 was a year of challenge and trouble We have faced the worse inflation ever and they said the peak is yet to come - so brace yourself for the worse days ahead. We should really make ourselves prepared for whatever things that might come along the way and its true that inflation is something that can be avoided and do becomes worst on every year is passing. Just like on what fatunad said above that it would really be that ideal if you do find for another source of income if you do struggle on the current earning that you do have as of this moment. There are ways if you wanted to but most of the time people do make out excuses like it cant be possible or cant be done or something this or like that which are just purely reasons. |
|
|
|
If sports betting includes horse and dog racing and all kinds of possible 'sport' in a wide definition then I think the global picture is its a far larger market then casino. Casino is larger when we include all the card games, all the lottery and off site possible iterations but of the two I will guess sports due all the fans watching. Neither involves expertise really, the sports bettors most often will bet their own team or some biased view and the casino even card betting wont especially be skilled odds calculated betting, its most all done for fun and a past time hope of riches only in a half serious way.
I wouldn't consider horse and dog racing or cock fighting sport, nor a casino game of any kind, I would simply consider all of these to be animal slavery and a sickening thing at that. They shouldn't be included in sports or casino games as the only one hurting themselves in those games are people whom make the cognitive decision to play the games, not force innocent animals to do disgusting things for others. Some people dislikes about those animal related gambling yet they dont really like to see those animal cruelty thing or whatsoever but we cant just avoid the fact that there are people who are really that a fan on betting with these kind of gambling where they do really enjoy and there's nothing we can do about it. Speaking on which i do make out bets then it would really be on both because it would really be basing up on the mood and interest on a particular session because there are really times which i do really like to make some casino bets rather than with sports. |
|
|
|
Link to his post http://www.twitlonger.com/show/n_1ss7f8qHe got addicted to gambling and lost even the investors money to gambling. He plans to soon announce his next moves related to crypto projects he was involved with including Clucoin. If you have not heard about the coin, he is coinmarketcap link https://coinmarketcap.com/currencies/clucoin/Now I do not know how many people invested in this project but whoever showed trust in it is now cheated. Lesson here is not to trust every other new altcoin. Only invest in solid projects. So this becomes the new trend on where CEO's, Devs, owners are involved with on which telling out that they had used funds on gambling? We dont know if this one could be verified out which those are really been used or simply been an alibi but truly they are hiding those money in secret and making out some reasoning to cover it out? It is really just sad for these type or kind of news that do show up in the market which it turns out that they are going along on what SBF did. So this do becomes obviously the trend as of this moment. lol |
|
|
|
My advice to traders that are losing is to still continue to trade, but using just 20% while 80% should go into holding. What do you people think about this? Out of 100% fund, what percentage can you advice a trader to use?
Newbie traders shouldn't even start trading with real crypto. They should first master the demo and then when they feel confident enough should consider using 5% of their funds to test the water. Therefore, 95% of their funds should go into holding. One mistake they do is revenge trading and when they give in to this, they go beyond 5% funds and end up using up to 15% -20% resulting in terrible losses. You cant honed or make yourself that emotionally stabled when you do deal up with demo, yes you could make yourself enhanced with those technical aspects on which its good but when it comes to emotional aspect or part then it would really be that hard and this is why it would be better to deal off with live on putting some small amounts of capital and trying out not to bust yourself as early as you could. This is why some of people doesnt be able to bare up the risk and the pressure when dealing with volatility market which it would be that resulting for them to hold instead with active dealing which it isnt really that a bad idea to be done by someone. |
|
|
|
If we've understood about gambling in the right way we'll console ourselves not to get upset or frustrated on losing. When I was new to gambling I've cried for days with the doors locked. Those are days when my mind had a thought we'll win out of gambling and the loss wasn't acceptable.
Sorry, but where's the fun if you don't feel mad/sad when you lose or happy when you win? It's good and even necessary to be able to control your emotions when gambling but not to the point not to feel anything. Sometimes, when I hit a long losing streak, I get mad and unconsciously start cursing and yelling, few moments later I start laughing on myself and on how I reacted. I don't believe it's possible to be disconnected from feeling anything like a machine. You have to be psychically damaged not to feel any regret after a loss, or you have to be playing with so much money that you don't even care. For different people this is going to be a different amount but if you earn 10k a month and go gamble for an hour with $100 you won't even care if it ends up being a loss. Normal, healthy people feel emotions. We feel the joy of winning and the pain of losing. People who say they don't are in denial. Exactly, either you must be rich or emotionless to not feel anything after big loss sessions. Even losing $10k in a day called bad day for me but there are gamblers who spins Wanted Dead volatile slot of Hacksaw provider on $1500 base amounts. Their 10 spins in that slot are equal to my daily gambling session, sad but this is a reality for 95% of average gamblers. Winning and losing all is part of the game, we have to learn when to walk away before it becomes meaningless. Just my 2 cents. When it comes to financial status or capability then lets just accept that there are gamblers or people who are richer that us, if we do believe that we do hold that huge bankroll or capital then there's always that someone whose more far better than you.We would be able to see these on most places on which there are those whales who would really be playing around which it would really be just put you amazed on how much the amounts that they been rolling on each bet. Losing is inevitable plus gambling wasnt really that intended to make yourself rich but rather this had been created for sole entertainment but people cant just really avoid on having those intents. |
|
|
|
Getting married to someone simply means you are ready to share everything with that person, you guys now become one, do everything together, in a house where there are plenty rooms but a husband and wife will still share one bedroom, so there shouldn't be any secret, understand each other, and love each other, yes my wife will know my seed phrase, there should be a trust in the marriage, you guys are partners for life , so there should be no secret, she's my wife and she deserves to know everything I do, what am thinking off and what's on my mind she's supposed to know...same thing to her
When we do get married then we do really have those kind of vows and promises to ourselves and legally you do share up on everything since we do have that conjugality but there are people who do really mind off on having some still that fine line in between his personal choices and things in life despite of getting married.We do have that principle whether you do trust up your wife completely or it is much better if you are the ones who do keep it alone and its much better this way or simply you cant trust her up completely 100%. We do have our own views and feelings in regarding on this one. |
|
|
|
I want to know if three thousand five hundred dollars (3500 Euro) you mentioned with the seven thousand dollars ($700) or four hundred thousand dollars ($4000) is for the month or weekly usage, because i know that in some countries with such value of money, you can establish a mega business, so living an average life with money depends on the user needs or want.
They key on here is on where you do live, 3500,7000 whether euro or dollars might really be sound that not enough or ample on making a living but these amounts are indeed high if we do speak about on getting these on 3rd world or developing countries which is something understandable or very basic.It does really shows the economic state of a certain country or place.You cant be able to earn on what you do have in mind. There's always that standard or limit on each place which it would really be determining on your local fiat value and not on other places. Living your life would be entirely be depending on how you would be finding for other sources.If you do find out that your current job doesnt get that much for you to be able to reach up that goal then finding another source would be sensible. In some countries this particular amount is not high to earn for a living, so therefore i believe that some people higher than that, but the problem is that the inflation of a particular country will determine if such amount of money will serve for a living and depending the gravity someone spend it's money, in some countries you can as well use such about of euro to establish business as i portray before. Inflation is something a problem that cant really be avoided on which it is really affecting us worldwide, there might be differences in percentage on each country but it would really be just on the same system where us consumers are really that affected and also affected the way we do live.Its true that it is also depending on someones spending because if you do know that you are just earning sufficient enough but you do spend up more than on what you do earn then you would really be having that huge problem when it comes to finances.As stomachgrowls said above that it would really be just that right for you to find up other means of income. |
|
|
|
What other factors do you know contribute to form addictive gambling?
Would really be that normal that these venues would be offering these things specially those free drinks and ease of withdrawing funds via placing those ATM's which is really that obviously a way for these businesses to suck out funds from potential costumers or players which it would really be that common sense.You dont have the rights on making some accusation that its their fault on why you had spend all the money you do have.All the things you are experiencing is basing up on the actions that you had made on and this is why its important to have that self control even if you are that on the influence of alcohol. |
|
|
|
Now answering your question, I will never trade or even use a borrowed fund for anything digital asset, not after my personal experience and I will never advice any other person go into that and beside, it is always warned even by some brokers not to use money we can't afford to lose and as well not borrowing any money.
I wouldn't do it either, but around us, some people do. especially those who think of the crypto market and investing as a job for them. Not good to be an option just to have money to used for investing on crypto since we don't know what will come and its so risky since we might lose and that will be a big problem to us. Much better if you just stick with the amount you have since even if you lose you will not get any stressed paying someone who sue you for what money you lose from them. Crypto market is so unpredictable so don't risk all with it and always use extra money you have. Always that recommendable to make use of extra money that you do have when you do make out some crypto investments.Just like the rest been saying that profits arent really that guarantee and if you do make use of borrowed funds or something that you do took some loan then it isnt something that you could really rely upon on getting those profits on time since market is truly unpredictable. Borrowed funds is not recommended unless if you could pay it out without relying on your crypto profits then it should be fine but if its not then dont mind yourself on getting one. You should always consider up the risk factor and considerations. |
|
|
|
|
There will be a continuation of the bearish trend and a new bottom
Im not expecting that much for this year this is why i do make myself believe that price might get worst or might be seeing new bottom so that i wont really be that disappointed if ever it would happen.
Some do say that each year becomes even more worst but without thinking that this market cant really be like this forever.There would really be a time on which we would really be that
seeing some green candles and experience again some bull run but its better not to make yourself in a hurry so that you wont really be becoming desperate
for whatever decisions you would make.
|
|
|
|
The depressing aspect of hodling altcoin is that you never know what the future holds for it during a bearish market or whether it will make it through a bearish season to a bull market. It's terrible that altcoins typically don't survive bear markets; just hope that the altcoin you own will return your profits during the bull market because losing a $14k investment in cryptocurrency is devastating to comprehend.
All you can do now is to keep hodl of your altcoins investment, believing that few of them(not all) will skyrocket during the bull market to give you back your profits returns
If you are holding an unknown or small cap thing and not bitcoin or ethereum or bnb, then you "do not know" what the future holds. But to me, even during the bear markets I trust them so much that I buy more and more of them. This is why it's such a great investment for me since it makes me a lot of profit. Of course some people buy altcoins with like 10 million dollar marketcap total, and then they worry what's going to happen during the bear market because it could crash and be zero and never recover from there. I do not believe that ethereum or bnb will be like that and it will stay strong and that is how people should invest, into strong coins. Majority of people would really be keeping an eye into those current top coins in the ranking on overall cap which they could really make themselves that comfortable on making out some investment. Greed is never been good but on some certain extent we are all hoping to get some profits out of those investments.Due to unpredictability then there's no way that we could really be able to predict on what would happen next to come. Just make yourself be able to bare up with the risk and think up about having those wise decisions and be versatile for whatever situations or outcomes might set in. |
|
|
|
We all have different opinions and choices we made when it comes to gambling, some do the two altogether while some have preference for one over the other but as long as you can perform better on the choice you decided to go with and have funn vreated out of it all makes it the important and most meaningful aspect of it all and we need to get a means for data collection if we must know the categories of those that are in for sports or casino betting but if i may judge from my end i will assume casino to be the leading with high priority.
It all matters with someones preference since not all would really be just the same when it comes to interest which whether they would really be playing more with those luck based type games like casino games or would really be sticking into something that do requires some strategy and skills. For me then it would really be both because i could make up some switch up basing on my mood and on the time i do like to play. If ever i would see some games which are really that ideal or good to bet on then i would definitely do that, on the time that i do like to play on something which is instantaneous then it would definitely be doing so.So it does depend on such situation and particular time. |
|
|
|
|
Show Posts
