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721  Economy / Trading Discussion / Re: What Reward for a Trading Mentor on: October 27, 2023, 09:42:19 PM
I have a fair knowledge about Bitcoin and cryptocurrency. I can hold down a good conversation in it however when it comes to trading, I have come to the point where I need to up my game. After using a mock trading app for some time, I stopped and tried the live environment. I lost money. Since then I have done some trading again. I feel I need to get back in the game. Right now I am coming in with a different strategy which is a mentor. Yes, I need a mentor in this renewed trading journey who would teach me the practical aspect of it. Because any of us can easily quote the theoretical knowledge of trading.
What is the best reward for mentorship? How do you think I should reward the mentor when I have one? And how often should this be?

If you guys can give me some ideas, it will help me to take charge of the conversation when I meet with the potential mentor.

Thanks.
I suggest do not focus first on the rewards you can offer to the mentor. The fact that you pay him decent amount for every trading session, then that's enough for now. Focus on how to build your skills and strategies as a trader. And you can achieve that through frequent market experience as you become highly exposed to what real trading is all about. Do not fear if you commit mistakes and losses from trading, that's a good motivation for you to improve your trades and be the best version of yourself so you can be successful in your trading endeavor.

When you are making big from trading, that's the time that you will find time to reward your mentor more than from what he is expecting. He is also a part of your success that's why he should be given some credits whatever you will achieve as a successful trader.


You should really be making yourself aware that if you are that someone paying up some subscription fees then it would already be that enough.Its up to you whether you would really be adding up some amount for some complimentary then its up to your choice but its not actually that necessary on which you wont really be needing on doing so because you are already giving those kind of benefit. How much more if you are really that under his referral specially on exchange which we know that they could really benefit out in terms of some referal bonus or what their referrals been earning on which it is normal that they would really be earning too.

I dont really like on having a mentor on which considering that everything could really be known and could really be learn up for yourself then i dont see the relevance or the need for this one.
You could really be able to trade on your own but if you want to fasten up a little bit then go ahead and get or follow some mentor but of course there's really that a fee or payment for that.
If you do find out some free then its good but be careful on whom you are following into yet not all mentors that do exist are really that worth for your time and effort.
722  Economy / Gambling discussion / Re: benefits of having mature accounts at 3 casinos (personal experience) on: October 27, 2023, 09:29:47 PM
~snip~
Some gamblers are persuing VIP ranks as an investment. They think it works like an investment, where the lost amounts of money through the way will be recovered with extra profits, once they achieve the maturity of their accounts. However, it doesn't work like this for real, because the money they lost to raise the VIP status is probably unrecoverable even if they have access to VIP bonus and giveaways. Therefore, a gambler should never play thinking on raising his account level, rather he must play only with his limited budget, as he would anyway, if there weren't any further rewards involved on the process.

VIP is great for diluting losses on long term, and that is all. As far as I know, it doesn't bring or guarantee any extra profits.
Reaching VIP rank is not an investment because they have to spend a certain amount of money to keep gambling, and there may be requirements that they have to fulfill every month to get the bonus. Their minimum amount to bet may be higher than regular members because they have reached the VIP level, so they have to spend more money. This is certainly easy for people with a lot of money because they can meet the requirements and get the bonus.

If gamblers only consider reaching the VIP level, they will probably forget to stay within its limits. He would use more money to gamble to reach the VIP level quickly. And when he reaches the VIP level, he still wants to upgrade to an even higher level. If that's the case, they chase the top level without caring about what happens to them.
You're right, I think that people looking to have a VIP rank is because of the benefits they get, of course basically because of the bonuses, but it's like you say, I don't know how good it is to pursue a VIP rank, I think things should They arrive at the moment they have to arrive, we think of a VIP account, of course it is something that we would like to have, I would at least like to have a VIP account at stake.com, because every so often they send good bonuses to the VIPs and they also They give good promotions, apart from the fact that when they win in a specific sport where stake.com is the sponsor, that is a sure bonus, so all those things are what motivates players to be VIP, but I have seen that the road is very long and hard,. The amount of money that is spent is impressive, and as I have said several times, we must not lose our way, if things work out so that a person can become a VIP, it is good, but not with the obligation , going over the top of the game, that is, the people who want to finish once and for all want to do so without the need to establish a loss limit, but they continue playing no matter if they continue losing, what matters to them is that the bar continues to grow so they can finish. to achieve the Objective, that is something that does not seem to me.

When I think about the VIP status, it comes to mind that everything that must be played so that the bar rises, at a minimum and little by little I prefer the long way, which is that of enjoyment and everything related to playing on time when want, and not do it all at once to see how much goes up according to my game, because the sense of playing is already gone and what is formed is something else, something that doesn't seem to me, but of course each head is a world and the people They have a lot of money, if they want to become one, well, they can be, it's very different when you have plenty of money, because it becomes a Challenge for this type of people, and it's not bad, that's also what the casino is for.

They arent honestly benefits but rather it would really be acting some sort of compensation basing up on that gambler that had been able to used up on their gambling.It would really be just that normal for the company or platform would really be showing some compliments basing up on the money that they had been spending or wagered on the site. If they wont then there's nothing interesting on reaching out those ranks for nothing. It would really be that obviously for them but actually its not really that worth on chasing up those rankings or vip on which it is really just that still not enough to compensate on what you have lost but well this is how this business works.

There's no point or really that worst on trying out to chase up yourself on ranking up accounts on VIP ranking and having that 3x account? Come to think on how much money
you would really be needing to spend out just to achieve 1 account. How much more on 3?
Cant you be able to realize on how much money you would be needing to level up those 3 accounts? There's no point on doing this actually.
Its not really worth for the money and thinking that progress bar or leveling things is never been that easy.
723  Economy / Economics / Re: Is the need to be known a requirement to qualify for a loan(s)? on: October 27, 2023, 08:59:13 PM
I have no doubt my observation is applicable to even crypto currency lenders, because even these days the P2p system isn't as decentralized or anonymous as before where we think we were trading with bots or fake people/scammers.

Is there any truth to the fact that an individual needs to be known in any place before they can qualify to receive loans?
That is, is the need to be known or identified really required to qualify for a loan?

What are thoughts?

Because I have had some experience from loan app companies I will share with you. Literally anyone can get a loan within 30 minutes from a loan app. You do not need to be known or even to need to be employed. Those details are unnecessary what these loan app need from you is your KYC, your bank account information, and you would be required to connect your bank account to the loan app such that if you default on payment, the loan app will automatically deduct the money from your bank account if you have any money in it.

In my country you will be required to take a picture of yourself, grant the app permission to access your contacts, text messages and other apps on your phone, you'll have to submit national ID with tracking number on it. These qualify you for a loan.
Talking about loan apps. The worst mistake one can make is to take a loan from the loan app because failure to pay when agreed would lead to unnecessary calls, insults, accusations, and threats.

I have never heard of one who takes a loan from a loan app that talks good about it. It is usually a bad experience they face after they have collected loans and when they are to pay when due.

I wonder why people would go for a loan app instead of the traditional banking system that doesn't require control access to your contacts, text messages, and phone apps. What you need to provide is collateral that is equal to what you are demanding from them.
So far i havent been able to experience such thing but usually this is the thing i do heard off specially when you do miss out on paying or later due time which it is really just that normal that they would really be giving reminders with your obligations on which it is really that something that they would really be calling you but i wasnt expecting that there would be some harassments or insults that getting involved into this one.The thing i do like when it comes into these loan apps is that they do only have that 4-5% monthly interest which is really that high comparing to bank loans and some financing locally but if you are really that badly needed of cash or loan then this would really be your best shot on dealing up with these things. You would really be that agreeing into their terms.

Honestly, we wont really be experiencing those bad things or approach if we are really just that responsible with our dues. Come to think that we've come to them on taking up some loan and they had granted it out.
So it is really just that normal that you should really be repaying those amounts in due time or else then expect that non stop calls would be there but it isnt really just that right that
they would really be that too harsh on such approach because its not really the pleasant way on handling your clients.
724  Economy / Gambling discussion / Re: Advice when you are going a bit far in gaming and betting on: October 27, 2023, 08:27:58 PM
Seeking the advice or help of concerned family members and friends could be of great help but sometimes they are limited because most of them lack the needed counselling skills.
Help from family members will be the best since family members are closest and also understands that estent of damage such attitude has brought upon such person. The only challenge is that, most people don't bring family to the cause of the damages they effect, they tend to hide it away from them knowing that family needs no approval to activate a corresponding correcting measure on them.
At least with help from family members, you can provide a little solution to solve the problem of gambling addiction. Family members can support gambling addicts to get out of their gambling zone and do other things. By doing this, gambling addicts can have substitute activities for gambling.

His family members can also accompany him while doing this new activity. It can relieve the boredom of gambling addicts because doing several new activities may not be able to divert their attention. But with the presence of his family members, he can be enthusiastic about carrying out this new activity.

And by doing it regularly, he can have a new habit. It can be a distraction so he doesn't think about gambling. If he is serious and stays focused on other things, it is only a matter of time before he can recover from his gambling addiction.

When a family has a relative addicted to something, be it addicted to drugs, sex, alcohol or gambling, it is always recommended that these relatives be very strong and admit the addicted relative to a hospital, they cannot think that the addict will cure by staying about the care of relatives because it will not cure, and will only cause a lot of pain for the whole family. I say this because unfortunately I have seen many cases of addicted people, and no matter how much I tried to help them get out of the addiction, it was useless. That's because I was being very naive, what they needed most was treatment in the hospital. but they refused to go and stay in the hospital for a few months until they were cured

and as other relatives of mine thought that putting the addicted relative in the hospital for a few months until he was cured would be treating the addicted relative badly, so we let the addict stay at my aunt's house, unfortunately this addicted relative of mine lied that he is healing. He was able to lie and act like he was a healthy person, which didn't raise any suspicions that he was lying, the months went by and he always assured that he was in good health and that he no longer had an addiction.

Until one day he could no longer walk, talk or move his arms, all of his relatives started to get worried about his state of health and they took him to the hospital and when he arrived at the hospital the doctors had to place him in critical care. ee stayed in the hospital for 1 month and then died in the hospital. If we had put him in a drug hospital sooner, then he wouldn't have died. that was my lesson. an addicted person must be admitted to the appropriate hospital immediately and must spend many months in the hospital and only be cured
Initially you would really be thinking about giving advises into that member of the family or relatives about quitting or something encouragement on quitting things which we do see that it is really that somewhat considerable on doing so but it wont assure or ensure that it would really be that effective since there are really people who dont really listen up other peoples advises even if you are really that part of the family or
being relative. This is why if we do see that it isnt really that no point on giving advises then professional treatment would really be needed on this case and if this one isnt really that still working then there's nothing we can do. People would usually be stopping or quitting when they dont already have at all.

It is really just that sad that there are people who would really be just completely stopping on the time that they are completely wrecked and not really doing this when they arent that still on severe manner.
You wont really be that so dumb on not to notice on whats happening around you.You are the ones who do make out actions which you do know that you would really be that
making that huge effect into your life.
725  Economy / Speculation / Re: Bitcoin may not hit $24,750 again in 2023 - I'm bullish till 2024 on: October 27, 2023, 07:43:07 PM
The Bitcoin market this week posted the highest growth we've seen in 2023. Where compared to other months, this month of October has seen the most bulls and prices have increased rapidly. Since in 2023 we see Bitcoin price at $35000, we can expect Bitcoin to basically hit $40000 by the end of this year. As the Bitcoin market has seen a lot of growth over time, we certainly expect to see more Bitcoin price lows this year. And the Bitcoin market in 2024 I expect the price of Bitcoin to reach $60k dollars and later when Bitcoin is halved then its price will increase relatively. A bull market will start after the bitcoin halving, and then the bitcoin market will reach higher highs.

I want 45-48k by dec 31 2023. I think it is possible. would be nice for me.

I think that is the target price for the majority of us, at least $40k-$50k at the end of the year will really be nice. And we are still moving in that direction though, currently $33k-$35k, and then when we have a break out run then in the next couple of months $40k-$50k, so let's see.

Not sure though what will be the bullish news to push the market, it's too early to look for the Bitcoin Spot ETF as the source of positive news. It might be better, if by chance the approval will happen next year to coincide with block halving and then the eventual bull run. Just need some patience as we are looking for at least $100k at the all time high, so pretty much very excited for next year.
No one really knows on what would gonna happen which considering that the market could really be easily to face up some issues which would drag down the price into those levels that we arent anticipating that it would really be that going low. So far we are really that holding well on 33-34k price which it seems that 35k would really be a tough resistance to be broken but doesnt mean that we wont really be able to do so yet most likely we would be able to reach up 40k+ for this year which it seems that it is really that a realistic approach rather than into those speculations in speaking about 1 million per coin or 500k which it is really that a delusional kind of approach. As we are fast approaching on bitcoin laving then expect that there would really be always those unexpected movements or events that would be encountered along the
way and its never been that something new and this is why each of us does have that different approach and actions that do make out because this market is always been that unpredictable.
726  Economy / Gambling discussion / Re: Tips on staying responsible. on: October 26, 2023, 09:40:47 PM

Share your tips and thoughts on staying responsible in this digital realm.

I think originally everyone gambled for fun and spent a little money. But as time goes by, more and more money is spent on gambling, gamblers start to get emotional and lose their minds. They start raising the stakes in the hope that when the win comes, all the money they lost will be returned. But that doesn't happen and the more they chase winning, the more money they lose and without realizing it they become gambling addicts

One way we can control our finances when gambling is by setting limits on the money we can use for gambling, such as only spending 10% of our monthly salary on gambling, if the money runs out then gambling again the following month. Without the limits we create, no matter how much money we have, it will all be lost because gambling has an addictive effect and is very good at playing with our emotions.

Doesnt really need for some tips or sayings just for you to become that responsible on doing or engaging with gambling.It is really just that it would really come naturally to yourself and minding and realizing that it shouldnt really be a thing that you would be needing to focus or spending up that much because once you do then it would really be making a huge effect when it comes to your finances and this is something that you must avoid in the first place. Being responsible would really be that recommended and suggested specially when you are engaging with gambling.If you would really be that ending up on being that irresponsible
then it is really that ending up on getting a messy financial status.

Gamble for fun and this is something that you would really be that minding and really that having those kind of approach so that you wont really be finding yourself getting wrecked with it.
Be responsible in towards your actions because if you do just simply carelessly be spending money then this is where issues do really comes out and you would realize
that its already too late but somewhat you could really be having that lesson learn but if you dont like for things to be that way then you should know on how to handle yourself.
727  Economy / Trading Discussion / Re: How much could you earn in a day ? on: October 26, 2023, 08:26:52 PM
Heck, platforms with 1000x leverage exists. While I obviously don't recommend it due to the risk, potential profit could be anything. You can even make 100% in a few hours if you actually do it correctly lol. The question is, will you actually be able to do it correctly? 90%+ of people won't be able to.
Heck, 1000x leverage will trigger liquidation after a few seconds or minutes.

With 1000x leverage, if price goes against your position like 0.01%, your position will be forced liquidated or even with smaller change than that, forced liquidation already knocks your doors.

90%+ people won't be able to do leverage trading correctly is still an optimistic number for trading gamblers. Because I am sure the failed rate from trading gamblers definitely is more than 90%, like 95% or more.
How about 98% fail rate for this one? Imagine that even putting on 125x leverage then those small movements could really give out some impact already and since we are talking about 1000x then even with the slightest could neither give out extreme profit or would really be just be your end because of being liquidated. This is why its never been recommendable on making out such leverage specially if you dont know
or arent even sure on what you are doing. You cant really be just that diving in into those things without having knowing the extreme risks that you would really be gonna faced.

Its true that getting 100% in a day is plausible but if you are really just that simply dealing with spot then you would really be needing to be that too good on making some daytrade or scalping
towards movement. A coin could possibly that move 1-3% in a day but there are moments on which it is really just that moving sideways on which it would really be causing for it to be that so
hard on making up position and this what makes really that things to be that totally unpredictable and would really be boggling up yourself on what you should gonna do.
728  Economy / Gambling discussion / Re: Referral bonuses are waste of time on: October 26, 2023, 07:57:54 PM
~Snip~
Referral program is one of the lucrative passive means of generating income through gambling and if tou have the determination and focus to build your team you will definitely be in a good position on monthly basis, but note that that passive income may not be easy to come by and at some point tou may have to go the extra length to make that happen, I have seen a person who engage in referral activities often time ditching out tips to those who registered under him for them to be able to wager may so as for him to earn more income at the end of the month.

Well, that's correct to some extent and yeah the ones who know referral program make a lot of money with it. The referral program is best suited for the users who have their presence of social media and who have a good number of followers. The ones with no social media presence will struggle to gain any referrals even if they give a lot of time to the referral programs. It's pretty hard to earn any income from referral program if you can hardly convince 1-2  users to use your referral link for a casino but if you can convince 100's of users to use your referral link and they somehow use your referral link during registration then surely you'll have enough passive income as long as they are placing bets and depositing money into that casino.
If you do have that followers or connections then it would really be something that would really be having sense on working out yourself with referral or taking advantage with this kind of system.
Referral bonuses might not really that big when it comes into the amount that been given on bringing people into their platform but once it would really be able to hook up some whales then this is something
that would really be bringing out with that significant bonus into your account on which it would really be much more greater on getting a couple of whales under your link which you would say that its not really that something bad on getting those people but well this kind of scenario or situation is really not that much very common or simply does really need up some luck too.

Its not a waste of time into those people who are really that knows on how to market out their links but it would really be usually effective into those people who are really that
have that huge network or userbase that they could easily spread out those links.
729  Economy / Economics / Re: Small Scale Business Ideas on: October 26, 2023, 12:08:43 PM
Business whether its big or small, it will always have its own risk. To minimize risks in every business, you have to know what you're doing, a business plan is a must. You must know where to start your business, your target customer, your budget, and what kind of business is fitted in your area.

Also, you have to make a very unique marketing strategy or an advertisement to make it famous in no time, so the audience will be curious about your business and your customers in no time.
The risks is really just that the same, it would really just only differ on the intensity of the amount that you would really be losing. If you have put up big capital then losing amount would be that big too
but with small one then it would really be that small but seeing on the bigger picture then it is really just that the same.It is really just that each person does have that different level of capacity
when it comes to finances or something that do talks about capital. Some could start up some big and some could just start small but it is really just that the same when it comes to risk taking
and factors that could affect your business outcome.

I agree with those points above that you should really be that making yourself that knowledgeable when it comes to make some business because we are talking some money on here
and putting up capital. You cant really just that make yourself that easily be confident about being successful considering that not all business do really end up
on greens and there still lots who had ended up on bankrupt.
730  Economy / Gambling / Re: Roobet.com | Crypto’s Fastest Growing Casino 🦘 on: October 25, 2023, 09:49:42 PM

that is a really frequent discussion in this topic
it comes and goes but it's often here

most of the times the comment is: KYC is useless but the house makes its rules and if you want to play you have to abide by them.

simple as that

This is a never ending discussion in many topics. I wouldn’t say that KYC is always useless as in some cases I can get why casinos want to check it (especially if you want to withdraw a big amount). But a lot of casinos are trending to asking KYC so we just need to adapt and live it.
Nowadays it's not surprising for casinos to require their customers to verify their identity. But still, many gamblers are hesitant to undergo this procedure since they don't want to disclose their private informations and that is understandable.

However, it's inevitable if you're playing in a regulated casino and lucky to win a huge amount. Therefore this should not be an issue especially if you read the ToS of the casino, it's written on it (if you take time to read their rules).
KYC turns out to be that a standard nowadays but i do agree on some point above that if you cant bare out with that kyc asking questions then you do always have the option on finding or look to another place
and Roobet isnt just for you but come to mind that Roobet does only require Level 1 Kyc which simply ask out with those basic information and if you are that eager on playing on Roobet then you do need to
deal with it or else then you could just simply go into other place and look for those who arent asking for some kyc or verification. Actually it isnt really that much of an issue.

On the sidenote, they had already launched out their Halloween Roobet art contest and just as expected they put up that generous prize for this one.
They are really that indeed active when it comes to this.  Smiley
731  Economy / Speculation / Re: 2023 end game sentiment check on: October 25, 2023, 08:28:57 PM
We dont have a great deal of time left in 2023 but speed can pick up & BTC tends to run in these last few months.  Even main markets can sometimes spark into something around the December or winter months, maybe its because of holidays that movement is more notable to occur then over the summer where for centuries a noted drift has been fable.   My theory is the shorter days alter peoples habit and mood to trading even while BTC is global its altered by dollar monetary flows.

  Any answer you feel like is correct.  Im not asking for a precise prediction just mostly a thumbs up or down, its purely the idea that peoples feeling alter and sometimes market effects are ironic; its worth noting how bullish the crowd is.


7 day poll & you may alter your vote later.  If you can come up with a better poll option I'll add it on just for you  Cool

Prices are random!

This is my choice and its true that there's no way on making out some conclusions about on how the price might be ending up on a specific month of the year. Yes, it is really unavoidable not to make out those assumptions basing up on the history or past experiences on which it do somehow creates that pattern and this is where we do really do really assume out that it would be really happening
on next year. Yes, its been a long time that we are moving sideways and every that last months of a certain year then the community would really be having that impression that BER-months
could really be that somewhat bullish or do make out some bullish movements.

We've seen that in September, it didnt really move that much but when October kicks in then this is where movements starts to show up.
For sure lots of people hadnt been able to anticipate such movement and on just because of some economic sentiment or something external then it did
make out that kind of positive effect on which we are currently seeing as of this moment.
732  Economy / Gambling / Re: Stake phishing on: October 25, 2023, 07:58:11 PM
Honestly, I have no argument to discuss the OP's credibility since he's been inactive for over a month which raises different hypotheses. The topic title is very misleading and should have been changed before leaving, or the stake platform representative should have asked one of the admins to change it if it is not possible to close the topic currently, since the discussion is still ongoing in it, as it appears. As for the last 4-5 pages, I'm sure it's definitely spam, and the most plausible hypothesis is that the OP doesn't know how to lock the thread.
Op was online on the 23rd of October, which is a day before yesterday, i am pretty sure that he or she must have visited this thread but still did not find it plausible to say anything, this makes me believe that his accusation of being phished on stake was nothing but a big sham, lie.

And secondly, if indeed he or she does not know how to lock a thread, then let him or her here and I believe every user who knows how to will be more than willing to tell him how, or better still, he or she can just search on google, "How to lock thread on bitcointalk".

And again, Stake representatives don't have to actually do anything, if we users feel the thread should no longer be open for discussions, we can simply report it to the mods, and with time, the mods will lock it, this is not impossible or hard to do.
I find this to be a logical and sound analysis. I would like to add about the Stake platform itself, whose reputation can only be affected by this misleading title. The title is what most represents the problem in this topic, since the lie hypothesis is the most likely. Stake platform representatives can clarify in a separate topic and ask the administration to close the topic or at least change its title. I think this is the least that can be done within the limits of possibility.
I have reported the topic and I hope that moderators will take into consideration the reputation of stake's platform.
This isnt really just some problem with Stake but also it could really be that just a common things that do affect any casinos out there on which if there would really be those kind of accusations or
complaints that been raised then credibility of such platform would really be that in verge on getting that be tainted but since this community cant really be just that easily to believe then it is really
that not much effective most of the time on trying out to take down a certain site and since we are talking with phishing on here then it is really just that safe to presume  that this is really
that on users fault. Once other people do have access into your site just because you have just get phished then its really that whole discetion on what happened and not on the platform
itself. It is really just that showing on how reckless you are and now you are putting up some blame to the platform? It doesnt make sense.
733  Economy / Trading Discussion / Re: 16k DOLLARS LOSS IN JUST 1 YEAR on: October 25, 2023, 07:24:02 PM
I HAVE JUST EXPAIN TO YOU MY JOURNEY OF TRADING THAT HOW I HAD LOST THESE DOLLARS.
I have started the trading from BINANACE app and I invest 1 k dollar at the start from spot while I had no teacher
i was in trainee at that time one day was will profit the other day was my loss day every month I invested in binance app from my salary
after investing these money would finish in just 4 to 6 days after that I again wait for my salary.
At the end in invested 6 k dollar at one time but there was a coin which has up from 0.92 to 14 dollars I bought this coin in 11 dollars and
unfortunately this coin dip to 2 dollars and I was see my loss in just 10 minutes.
My trading method I just sharing with you tell me where I done a mistake
1: invest in one coin also multiple coin
2: trading was at spot also futures
3.coin was buy from dip they again more dip
4.coin was sell from top they again go up
Kindly share your experience that I m doing a loss you are also a part of my problem so that I want to khow where I done mistake.

So there's what have you done and these are my comments basing up on the number.

1. Doesnt need to go multiple if one is really just that enough. Dont try to catch up everything.
2. Futures is not recommendable, it is really that gambling like
3. Buy high sell low, eh?
4. Profits is profits, this what matter most.

Dealing up with this unpredictable market would really be always be ending up with unpredictable results. Outcomes could really be that different because there's no way that
we could be able to determine on where things could be going. This is why losses are indeed inevitable and there's no way that you could really be able to tell whether you would really be
succeeding into this career or not.

16k loss in a year is really that big and not something that i could really afford  to lose but since its their then there's no turning back.
People would really be losing money on the time that they are starting which its a common newbie situation but later on then having  those mistakes do make out
learnings on which it would really be something that will really be useful for you into your further trades that would happen in the future.
734  Economy / Gambling discussion / Re: Flip or Trade? What’s The Bigger Gamble? on: October 25, 2023, 11:08:24 AM
while you may not earn consistent profits over the short term, over the long term the superior traders must win more often than not, this is similar to what happens when a really good team faces a bad one, can the bad team beat the good team any given day? Of course, but if they were to face each other a lot of times then the good team will beat the bad one most of the time.

because the bad team mostly think like this:
if they face losses between some wins and lose in something like 2 trades consistently, which causes them to increase leverage take high risk to quickly recover that loss in short time.
Most traders don't have enough patience to wait and recover lost amount slowly, they try to recover loses in one trade and eventually following this pattern they lose more and more in the end.
And this is where your gambler like kind of behavior or mindset kicks in on which i would say that its never been that ideal specially on trading.If you do apply that kind behavior then you are really just that simply doing gambling and this is something that not really recommended on this space. If you are really just that planning on doing gambling in the first place then you shouldnt really be touching trading because this is an another space on which you cant really just joke around and do reckless things because this do really talks about money. Risks is there but not as much when you do deal with gambling.
So its up to your choice on what you would really gonna do.

Trade could really be a bigger gamble if you dont really do the right thing to do and this is why you should really be that careful on what you are dealing with specially we are talking about risking capital or money.
If you are really that heading for long term engagement then trading would really be the key but if you are really just that going for entertainment then
its up to you considering that gambling could really give you that.
735  Economy / Economics / Re: Real estate vs cryptocurrencies vs business on: October 24, 2023, 09:43:49 PM
It's true that investing in Bitcoin is riskier than in real estate. But if we are of investing only what we can afford to lose, I would choose BTC still. Especially at this point, when Bitcoin costs 3 times less than not so long ago. We've been there, BTC was dropping from $20k to $3k, and then rising from there upwards to $70k some years  later. I don't think we can name areal estate that had risen so much in a relatively short period of time.
I agree with you. If you actually think critically about it, if you only have limited extra money as capital for investment it is best to choose Bitcoin. There are only a few good real estate investments that require small capital that falls within the good category that guarantees profit and these days the same goes for business. Hence, for small-time individuals who have a tight budget for investment capital and are not as knowledgeable regarding economics and the current state of the market, it is better to settle for BTC. Such a fact is one of the very reason as to why even students and middle-class individuals are drawn to BTC investments these days.

Yes, it's true, as you said, bitcoin reaches everyone. This is very different if you invest in real estate without including the costs of purchasing and real estate debt. These costs can include loan arrangement fees, interest paid to the bank, stamp duty, survey fees, home insurance, contents insurance, property tax, ongoing repairs and maintenance costs.

If you rent it out, you have to pay income tax plus you have to devote your own time to managing the property or pay someone to manage it for you. All of these costs can add up to hundreds of thousands over the life of your purchase and will eventually eat into capital gains. If you time the market poorly (e.g. buying high and selling low), you may not make as big a profit and at best the property will only be able to keep up with inflation.

People just see prices going up but don't really consider all the costs involved. If they run the numbers right, they will see that this is not a good investment and certainly not passive. Just buy Bitcoin and relax.   Wink
Although real estate has historically been regarded as a secure investment, it is not without its own set of difficulties and expenses... and boy, are there expenses! Loan costs, interest, stamp duty, repairs, insurance, and taxes - the list goes on and on. Not to mention the time and energy that will be wasted should you choose to rent it out. Managing properties? That's a full-time job in itself

Let us now discuss Bitcoin. It is the present moment and not the future. It is digital, decentralized, and global in scope. Absence of covert fees, physical maintenance, and property managers. Investment that is uncomplicated, plain, and pure. Individuals must enlighten themselves and recognize the broader context. Real estate possesses certain advantages; however, when all expenses are considered, the returns may not be as favorable as they initially appear. In contrast, Bitcoin presents a more efficient and, dare I say, unhurried approach to investment. Why then be complicated? Invest in Bitcoin and watch the magic unfold
When it comes to properties then it would really be having those taxes and other correlated things similar to it but on the amount that we are speaking then it isnt something that significant that it could really bothering you.It do really just turns out that you would really be needing to allocate time for you to be able to handle up things accordingly or would be able to clear up those things and the fact that it is done yearly or quarterly on which means that it isnt really needing that much extreme effort for you to be able to do such thing. Benefits and advantages does really outweighs the cons or the hassle in some corners on which
this is why it cant really be avoided that this would really be the best choice of many.

It is really just that real estate is really that an expensive business or property to have, not all would really be having that kind of financial capacity on owning one and this is why
tons of people would really be skipping out orwould really be having that missed opportunity.
736  Economy / Gambling / Re: Casinos not asking for KYC to register and play, but do require it to withdraw on: October 24, 2023, 07:30:06 PM
Well, I don't know if this is ideal, because things when it comes to casinos and making them attract more Players to the platforms can be in a very particular way , I think you could say investigate, because when there is a lot What to talk about, the least they say is that there is no KYC, because the KYC is a way to make the players Comply when they make the withdrawal, which I find very distasteful, because they should be sincere and say that before making any withdrawal the KYC is required or requested, and that it is recommended that they do it before , so that they do not have to go through bad times, then the person already knows that they have to comply with the KYC for any withdrawal If this is the case and the person gives you the platform, then they comply with the KYC, and thus problems are avoided, but there have been so many cases where people say that the casino does not require KYC but that they do a random KYC and it seems coincidental that this It's a trick that forces the player to comply with KYC, so sometimes this is misleading advertising, and this is not good, this causes even more annoyance, so they should not do that type of practice, because it could be that some people play, gne and you have to do the KYC to withdraw, but after you withdraw, you never come back, and you speak badly about the casino, this is not the way to assign a community or something good for a casino, because no one will enter or want to go through that bad moment.
Of course that is not ideal. It's very shady. They deserved to be abandoned and be reported. It's only a tough decision for some if they will do a KYC only to pull out the money first because maybe that money is also huge. Money can still be find anyway but it seems very annoying if someone messes up with our profile because they missed our KYC or someone does it because they sold it.

Anyway, now that we are aware about these schemes, we should be more cautious next time. Back up as much evidence as you can, so that we have a proof once they suddenly revise their rules without a notice and they never state it before that it's possible.
Shady indeed and this isnt something that get in line with those legit running casinos out there on which they've been asking some KYC on the time that you do make out some huge withdrawal.Casinos could really make out those kind of shit reasoning just for them not to be able to pay up such win specially if its really that talking about big amounts. For peanuts then it would be most likely to be that approved and would transferred instantly but for big ones then expect that KYC would really be that asked which it do really sucks.

Casinos could really do all the things that they do like as long it would really be making themselves at advantage then there's no doubt that they would really do such act.
Take for example on this scenario recently: https://bitcointalk.org/index.php?topic=5449263.msg63046493#msg63046493
We would really be able to see on whose at fault on here, but still since you are really that against with Casinos then they could really just simply make out
those kind of excuses or on whatever we do see.
737  Economy / Trading Discussion / Re: What do you think about WhiteBit exchange? on: October 24, 2023, 06:56:58 PM
I've spent some time exploring WhiteBit and have a few thoughts to share. First off, the interface is quite user-friendly, which is a big plus for those who may be new to the world of crypto trading. The platform offers a variety of trading pairs, including major cryptocurrencies like Bitcoin, Ethereum, and many others. It even provides fiat options for those looking to trade with traditional currencies.

First, I dont know on whats your main reason on why Bumping up an old thread on which its already that almost a year for it to have its last response? This kind of step is already that necrobumping which it is really just that against on forum rules or something that not really that recommended on doing so.Therefore, you should really be not or refrain on doing such thing if you dont like for some
potential problem later on.


Second, this platform isnt heard of even back into those early years or 2 years ago on which there's no way that i would really be touching up places on which im not that familiar.
Stick with the best and known ones on which you would really be able to make yourself that fully aware on how things should really touched up and sticking with reputable
could really be saving up your ass into those potential problems which you might be able to face on dealing with unknown places.
738  Economy / Gambling / Re: Roobet.com | Crypto’s Fastest Growing Casino 🦘 on: October 24, 2023, 06:04:37 PM
~ By a "decent bankroll" you mean art-savvy friends and relatives? Smiley I have those, but unfortunately failed to convince to take part. It's because it would take time, but they don't trust crypto currecies. I promised them 70% of the win, but firstly the win is uncertain and secondly they don't believe they will get anything even in the case of the win. Indeed, I can't guarantee them that their art-work will finish in the money. So, I'm doing it by myself. Smiley
I mean you can do it yourself, it is not "that" hard, it all just about wanting it. I am not saying that you can start today and end up winning next month, it may take some time but it has been going on for a long time, it's been years right? That means if you started when this started then you could have reached a point where you are a decent level designer at least, and could have drawn something that makes sense.

I believe that it is going to be something that would be hard for people to end up with having easier options, my only trouble is mr.roo and most of the time that is required in the images and if that character wasn't needed then I would have been easily getting a return and it would have been fine, but since I do not have that character in my assets, I would have to make him from scratch and I can't do that, it is a complicated character for me to be able to create from nothing, so I try to avoid it, that's beyond my expertise, but if anyone wants to start, now seems like a good time.

Indeed! It has been here for years. Big thanks to Roobet for this and other contests on this forum, btw. They have put a lot of their money in the various prize pools.

I myself suck at drawing, painting and craft art. My only hope is that the jury will find my works funny somehow, and that's why I keep participating. Smiley

I also not good in art that's why the only thing I can do here is to speculate on the submitted art piece and on the result announce by them. Its really quiet interesting to see this contest exist for many months already or a year since we have another option to look at especially on each rounds where new concept has been introduced. For sure participants has been challenge each round to see how competitive the other participants is that's why its add up the fun on speculators since each month we can really see those artist upgrade their skills then do more quality art piece to submit.

For how high the prize set by roobet unto this contest this will really make those aspiring artist to do more better artwork so that they could able to win those prize.
Yes, even myself had already been long time spectating and watching this art contest made by Roobet and just like you i dont really have that kind of talent on which i could really be able to showcase on to join with this kind of contest specially if you do look around that there are lots of good artist here on this forum which you could really be able to make yourself say that it is pointless that you would really be joiining.
Yes, its bad to make out those kind of emotions or feelings yet there's always a shot for someone to win up specially now that they are really that making some categories on which you could really be able to make yourself choose on which part you would really be participating on which it is really that good to see on. Even up to nowadays on which they have still this competition and its really that good to
see that they are really that serious on when it comes to marketing and not something that i could see on most casinos nowadays.
739  Economy / Gambling discussion / Re: Fake casino streamers! Why such streamers are very popular? on: October 24, 2023, 09:59:38 AM
I came across a very interesting article about fake streamers https://www.ltccasino.com/fake-streamers-exposed

Some facts and arguments struck me as very curious. I had never really thought about why nowadays the Twitch and Kick platforms have become so full of people streaming online casinos there.

Having little experience playing at online casinos, I can't be sure that everything written in this article is true. What do you think about it?

It's very interesting to hear the opinion of experienced players and people who are versed in this subject.

Isn't it obvious ? It's because of their popularity. Streamers get a lot of views for their streams and viewers get influenced by them and start betting on the casino sites.
Although we can't say that all such streamers use fake accounts but many of them do and get paid for influencing others.
It's best to bet within our limits and on the sites that we trust. We should keep trying casino sites with very small deposits and stick to 1 or 2.
As a business owner then it would really be just that normal that you would really be putting up focus into those known or popular influencers or streamers when it comes to marketing as much as possible knowing that exposure would really be that more wide if the said  streamer would really be that having that tons of followers on which it would really be just that so normal that they would really be that choosing those.
Speaking about  fake then i dont think that there would really be that becoming that big or popular because once that a certain streamer does have that kind of issue on something being that manipulative
then issues could really be thrown out and would really be affecting his popularity and reputation then which means that he cant really go into the peak in speaking about being that reputable.

This is why we us viewers then it would really be just that normal that you would really be that careful on whose streamer you would really be watching into.
Its impossible though that you wont really be noticing something if there's odd something happening.
740  Economy / Gambling discussion / Re: Success or Fail? - Talking about Gambling as a major income on: October 24, 2023, 08:55:20 AM
Honestly every gambler loses control of money, but don't lose control so much, try to connect yourself.
A gambler will realize this when he's got nothing left anymore. You tell them that they shouldn't lose their control and sanity but you'll see that they won't hear you when they're at the peak of their feelings and activity.

Whether you want them to tell to recover only emotionally and not with the losses, if that's their major income and salary comes from gambling. You can't stop them because they'll have troubles in their daily living.

With that, they have to recover and won't mind what people say to them about control and failures because they only have the same mindsets and that's to win and take back money.

I fully agree with you, a gambler that is in the middle of a serious gambling session is not going to take advice and immediately react to it. Especially for someone who has gambled for many years it’s going to be hard to change your habits and listen to others. I have been in such situations myself and it's really hard to accept any outside opinions as I was so euphoric in the situations. It's hard to argue rational after the gambling evening, because everything feels so different when in the casino and enjoying the rush and excitement of the games and the atmosphere. During a losing session it would make a lot of sense to just take a break and step away from the games. Better to keep the rest of our money and try again the next day. And this was for me not even taking gambling that seriously, now imagine someone that looks at gambling as his job requires to make a profit to pay his bills. This would be too much pressure for me and I don’t think that many people can sustain such a high energy lifestyle for long. So, not only profitability for a full-time gambler is important, also how healthy his lifestyle is and if he can maintain it for a longer period of time.

On the time that you are really that treating gambling as a source of income then you would really be able to taste up the bittersweet experience on getting wrecked when it comes to financial.
Gambling is never been considered to be a source of income, it is really just that for entertainment but there are people who are really that anticipating or expecting that much that they could be able to do so.
You would really be ending up on being wrecked on the time that you would really be that having that kind of treatment towards gambling which it isnt really that a must thing to have.
Its useless on making out some advises into those people who are attached to it because they wont really be that listening and would really be just proceeding on things that they do really have in mind.
Once you have been wrecked then this is the only time that you would be considering on stopping on which you do literally wont really be able to play anymore just because you dont have
more money.
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