What would be your advice for those wanting to trade as a newbie?
Trading is not gambling, but for beginners, without knowledge, it is no different from gambling. It can be said that trading is an extremely difficult job and not for everyone. I believe that all traders, no matter how experienced they are, lose a lot of money before they become professional, so my only advice to newbies is: let's use the money we can lose and start with the smallest possible capital, since the probability of losing is almost 100%, limit that loss in as many ways as possible. Honestly, I started trading with almost nothing, I only know the basics but based on my experience it was not really good enough to earn a profit from this. It really need to know trading tools that could help us and most of all, we have to enhance our Technical analysis cause this will affect our decision-making. Poor technical knowledge will send you to losing and this is usually happening to newbies (and even me before). We can only guarantee profit once we improve our knowledge and skill, and most of all by controlling our emotions. |
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You can't expect bitcoin to go straight to 30k or 50k without any correction, even during the bull season, bitcoin will still correct a few times for stronger upside momentum. I don't predict that we are in a bull season, so if bitcoin goes down, I wouldn't be surprised either. But if you are expecting bitcoin to continue to rise, then you need not worry with such a drop of only a few %. In the short term, I think bitcoin will still rise and then fall again.
What you say makes a lot of sense because a slight correction for more increases has also occurred in the past, so it is also very possible that this year Bitcoin will correct in the short term before experiencing a much larger increase than the correction . And usually this moment is also very often used by investors to buy back before the next increase occurs in Bitcoin in the same year. I personally am still very optimistic about Bitcoin and will never doubt even if Bitcoin is being corrected. This is what we called market fluctuation and it really happens always. But from what I can see, people have been crazy to sell their Bitcoin with these few increases which is why we now seeing a decline in the price of Bitcoin. In this kind of behavior, we can't expect a great start this year or even a recovery knowing that most of the investors now are impatient. Even though we can say they are optimistic, yet they are still doubtful with Bitcoin which is very hard for them to wait for the Bullrun rather than selling when there is a few pumps. |
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In my opinion, the price of Ethereum will not fall below $ 1000, because it has been proven that $ 1000 is the strongest support since last July 2022,
and currently it is still above $ 1000, so we don't need to worry about Ethereum, even though Ethereum has changed from PoW to PoS I'm sure there will be more interesting things in the future,
hopefully it will give a surprise so that the Ethereum ecosystem will be back to glory again.
We can't assure of that but because of its current market performance, we can say that ETH has been stable above $1000. We can't leave that kind of confidence since we are still in a bearish state, the market is volatile and prices may change as well but if the price of Bitcoin stays at its current level, it is likely possible to keep ETH high. Only we can do is to give hope and looking forward that ETH investors will never dump their coins together so the chance to moving it down is very slim. |
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The whole market keeps on moving depending on how traders buy and sell. If there's only one or two strategy to trade in the market, then the whole market won't be moving at all, or moving towards only one direction. And people will create some new strategy to overcome the situation. From my point of view, nothing becomes obsolete in crypto market. If so then no one will be making loss or profits. Different people use different strategies based on the market situation they are in.
Any trader can create their own strategy depending on the market situation. There's no uniform strategy for everyone and I guess that's one of the reasons why the market remains volatile. Trading strategies will not be obsolete. It could change depending on the situation but people will still use and apply it. New strategies exist each day as traders discover their trading techniques and they will surely continuously develop in time. It is very important to adapt to the situation and develop new strategies for this will become effective. Yes, it will vary depending on the market situation that is why we also have to analyze the market so well and take action fit to the situation. Maybe people say it was obsolete because they are losing but the reason is that they are using those strategies in the wrong way and in the wrong time. Old strategies will remain useful but of course, we need also to create another one that can be more effective as the market has changed. |
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Finally, we don't need to worry anymore that this fight was only pure hype. Now, it is already official as they already signed a contract, so let's all be excited for one of the biggest fight this year. Maybe they are starting to train now, getting in shape, and hoping they'll be 100% in the actual fight. I'm looking at the poll result now, there's more voters favored Davis to win, well, I'm on the other side.  I consider this a legacy fight between the two fighters, before this coming fight there are no boxers on each other resume that match the power and skill of both fighters, hopefully, this will be the start of a blockbuster year in boxing, where undefeated champions with equal skills fight each other regardless of their promotions. This fight will not happen if Mayweather is still the manager of Tank, he did the right thing in getting rid of Mayweather who just wants to milk Tank by fighting low-level fighters. He cares for his legacy that's why he leaves Mayweather, pushing his limit and fighting a fighter that people think has a chance of beating him. I like if all boxers who have the same standing as Davis will do the same, imagine how happy the fans will be as they will be getting the best value of their money. |
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Fajardo? As long as he is dominant, they will not trade him. Under the table? There is a high chance that it is happening, but we don't have any evidences and the only thing that we have is theories.
Exactly, Fajardo is 33 years old, and I think that is still young. Most of the players that are traded are not in the center position, Look at Hugnatan and Reavis, they are already 40 years old or over, but they are still playing with the team, and we all know that Fajardo is better then them. |
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HODLING forever is silly, what’s the point HODLING if you can’t enjoy some of your profits & be rewarded for your ultimate patience & dedication. It’s tough during a bear market but I would never advocate selling then. That is your time to buy.
You should sell some when we are riding highs & in a bull market. Don’t sell & waste it though, put money down for a house, pay off debt. Do not buy deprecative assets. Be smart, I wish you good luck.
I often hold them during the bear season but sell them when I already gain profit. Perhaps, it was not enjoyable anymore if we keep holding the whole life. They are just an option as an investor but for me, I preferred not to hold always but rather take some time to sell. In this way, I was still able to earn some profit despite the bearing situation, in fact, having $100 in a month of doing this is not possible and it was a big help to our daily needs. We take every opportunity to earn which somehow could be missed when we are just holding. |
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This is another story of Solana after some issues in the past, I think the supporters are building up high again. But we couldn't assure that the current momentum will keep that straight long, this can be temporary the same thing might happen to other coins. We are still in the bear market, we couldn't assume that the price will soar high like a bullish market, we'd rather not be confident enough about what we have seen.
Yes, it was a great deal for Solana holders but for those who have not, I would suggest analyzing the market firs before buying this coin.
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Finally, the last obstruction to make this happen is cleared as Dela Hoya posted on social media the contract of the Ryan - Davis fight, so glad that they did not make this another Spence - Crawford scenario, this is the biggest fight coming in April I'm eager to see their press conference and their face off and what they are going to say to each other. Tank Davis vs Ryan Garcia deal appears done, De La Hoya shows off contractGlad that finally they have made the first step to make this fight happen but I think this is not the last obstruction as Tank Davis will be facing trial in February if my memory serves me right and per report, the chance of being imprisoned for six months to one year is very likely so if that happens, this fight will be scrapped or postponed to another date. Ok so we are good to go now, at least it didn't turn out to be another Spence and Crawford debacle wherein we thought that the fight is already 100% until in the last minute wherein there is no actual contract and Crawford point the gun to the camp of Spence as the one who doesn't want the fight to happen. Only thing that will postponed this fight is Davis court hearing, but let's see. Hopefully the judge will allow him to fight Ryan Garcia first before handling any prison sentence if there is such a case against Tank hit and run. Finally, we don't need to worry anymore that this fight was only pure hype. Now, it is already official as they already signed a contract, so let's all be excited for one of the biggest fight this year. Maybe they are starting to train now, getting in shape, and hoping they'll be 100% in the actual fight. I'm looking at the poll result now, there's more voters favored Davis to win, well, I'm on the other side. |
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Before rebuilding they can taste another play-off run with Bron, maybe one last time.
That's what the Lakers fans want to see even though the chances are kind of slim at the moment. But who knows as long as the Lakers are trying their best to remain alive in getting this year's playoff spot regardless if they will play on the play-in or not. LeBron James' possibly achieving one of the toughest records in the league which is becoming the number 1 in NBA All-time Scoring leaders + Lakers competing in the playoffs will be a sweet achievement for the Lakers this season. Anthony Davis might come back with a few games before the All-Star or early February as far as some rumor about his status is concerned. Maybe when Davis comes back, there chances are going to skyrocket to make the playoffs. Hopefully when Davis goes back, it will not be too late for him. Although they are losing games, it's very close one and it could go either way. And it seems that the whole Lakers is somewhat getting their second wind as they are playing very high level with James and Westbrook and some of their role players. So let's wait when is AD going to be back and hopefully he will be healthy throughout after the All Star break. He is one key figure with the Lakers, and he will have to play the second half of the regular season to stay alive their hopes of getting into another playoff together. He will surely be back soon, the is continuously supporting his teammates although he can't play at the moment. And honestly, I like how Lebron is carrying his team, I know he is used to this so he really sees the urgency and as much as possible, they want to be in the playoffs. Also, Westbrook is getting better, so they'll surely get better with Davis coming back. |
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No one knows for sure when the bull market will come, although in recent weeks the market has been seen crawling up slowly but the current increase does not mean that the bear market will end, maybe this is just a fortress trap,
This what it makes really that hard to deal and guess with on which there's no way we could really be able to determine whether we are on the bottom now or not. It is like this. What is usually a sign that the market will actually bullrun is when it has passed the Bitcoin halving. Whereas in this bearish phase, we haven't passed the halving yet, right? So I don't think this is the beginning of a bull run. This may be a temporary increase that will not be too significant. I am sure there will be another market correction later and there will be a positive trend again. This cycle will continue to repeat. that's why we should be more understanding, wise, and also precise when we want to invest. that is, when there is a decline, then we can use Dca as exemplified by many people. Instead of buying when it starts to rise. DCA is the best option in this kind of market. Whether the current situation is temporary or not, at least we know that the market will never stay at dip but also have the chance to rise. As we beat the $20,000 for Bitcoin, it certainly gives us hope that Bullrun is not impossible and this is to correct those who think the market will collapse. Yes, Bullrun always happen after halving, so buying now is still safe unless we are buying useless altcoins. |
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For bettors, the spread is -6.5, are you willing to risk on that?
The Lakers are coming from a back-to-back game and are 19-23 against the spread. so I do not think it is good idea to bet on that line. It turns out it was a good idea after all because they were able to cover the spread, however, it wasn't easy as the Rockets does not give up easily. Good win by the Lakers and Lebron carried the team heavily.
Now this season, they are at the top spot and all of their key players are healthy and at the same time, they have a deep bench as well. KCP, Hyland, Gordon, Brown, and Jordan as their 2nd big. If their key players will not be injured all throughout the whole regular season, I believe they will play better than what they performed 2 years ago. We might see them going to the Conference Finals at least but like you said, the Western Conference is full of really good teams and the battle is fierce.
They have a decent chance of winning the championship, but of course, they need to be healthy in order to do that. Nuggets is not yet the favorites, so there's a good value if we will bet on them now. https://www.covers.com/nba/finals/odds |
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I was not able to bet on the early games. Los Angeles Lakers vs Houston Rockets @ 2.75
Los Angeles Lakers (19-24) will host the Hoston Rockets (10-33) tonight at Crypto.com Arena. The Lakers lost yesterday by a point against the Philadelphia 76ers and will be rearing to win this game.  I like this pick actually because everyone is probably thinking that Lakers would win tonight because they are up against a weak team. Both teams are very desperate, Lakers so desperate to improve their ranking to qualify in the play-in, while the Rockets so desperate to break their cold streak. This bet almost won, Rockets are just not a good team in closing a game. They were able to make it a close game but the Lakers stayed discipline, they go with their play and as headed by Lebron, they had this big win. Also, Rockets could have easily cover the spread, but the last sequence wasn't that good and not in their favor, Lakers won by 8 points and Bron had 48 points. |
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There are reasons why top coins are on top. They might be on trend or hype, they have a huge potential or they are going along with the movement of Bitcoin. So being on top isn't a reason enough for us to stick on them but rather do a research about their potential first for us to avoid confusions. We must know the capability of top coins as well as their reputation. There arw coins that could be on top in just a short period of time and would lose their value later on so we must be very careful.
But for me, the rank determines the potentiality and market capability of a certain project. It is usually based on the market demand but I agree about doing more research as holding them long-term, it was better to have the assurance that this project will last longer than those in hyped projects. It is really a big mistake from jumping into the crypto without doing any research but if we just invest in Ethereum and BNB, it is something we don't need anymore. |
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What a game between the Lakers and the Sixers, I thought that the Lakers is going to win the game because have a chance when Joel missed the shot and Russ got the rebound. Unfortunately, he went 1:1 fumble the ball and then force his shot with Joel in front of him.
I have a ML bet on the Lakers, was so close for a win because they are the underdog in this game.
Not sure why they didn't call a timeout, I think they still have 1 and with 14 seconds to go, they could have execute a better play to them in order to get that huge win.
Miscalculation and I also agree that they can call a timeout and plan their offense instead of taking that force shot, maybe Lakers coach just give his trust to Russ so he allows him to make his way to the basket. Most of the time, coach will call a timeout knowing that they've got enough time to execute a play. Not for you, mate, better to move forward and pick another game tomorrow. Grats to all those who take the handicap, a close game for Lakers handicap, is fully covered. Lakers will play again tomorrow, this time it will be against the Rockets who are on a long losing streak already. I think they can easily manage to win, they were short against the 76ers, for sure not against the worst team in the NBA. For bettors, the spread is -6.5, are you willing to risk on that? |
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I don't have experience in altcoins, but I have quite an interest in investing in altcoins, but when I hear the news that investing in altcoins is very dangerous because the potential for losses is so big, but I found out on the internet, it turns out that we can invest in altcoins as long as the in quality altcoins,
and finally I saw on cmc that the number 1 altcoin is ethereum, and finally I'm quite interested if I have the capital to want to invest in ethereum.
and I saw the news that it turned out that a lot of people were investing in ethereum because the ethereum project is very good and has a lot of fans. and I want to ask everyone?
: does ethereum have a good future?
: is it not wrong if I choose to invest in ethereum?
: what is the drawback of ethereum?
: why is ethereum the no. 1 ALTCOIN?
Indeed right, investing in altcoins is risky (even Bitcoin) but have you wondered why people are still investing in them? It is because they know it was not really dangerous when you are doing it personally. All of these are presumptions from a person who is mentally affected by their losses due to investing the wrong coins. If they just investing in Ethereum, they are actually safe but because they get hyped from believing developers, huge offers (x1000), and it leads them to get nothing (losses). Focus on your goal OP and invest in ETH without a doubt, I was sure you get what you are trying to wish for before investing. |
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That's really what most of us or maybe we can say all of us are now experiencing with the rising inflation, the increase and most aspects
of economy, especially with our daily needs.
It can't be avoided, and it is we who needed to adjust, limiting or maximizing all our resources to continue surviving and then finding other
sources of financial income.
Things that most of us are really aiming and hoping to keep life moving forward.
It was pretty obvious that there is price manipulation in the market but the government allowed it because the corrupt leaders got their shares as well. I hope I was wrong but inflation will never reach this far if the government anticipates the situation and control the price in the market, especially for the suppliers. I was not really expecting this situation but it comes and gives us some insights into the worse possible inflation that will happen in the future if the government will take action to help and stop this. And for us to look for additional sources of income in order to survive. |
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Anyone pick on the OKC to win against Sixers at Wells Fargo? it was a huge upset so not sure if someone here has the courage to bet on the OKC on the road and with Joel Embiid on the line up again.
I wasn't able to watch the game, but SGA had a big game with 37 points, and almost close to a triple double with 8 reb and 6 asst.
I would never think of betting against the home team. OKC is really unpredictable, they are heavily underdog that game and yet they came out strong and beat the 76res with a double digit margin. I'm wondering what would be the odds for the moneyline. Celtics on the roll against beating the Nets without KD. Good bet for the Celtics backers as they won 11 point margin.
Yes, without Durant, it's really hard to trust the Nets against a strong team like the Celtics. Good bet. |
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snip~
there is no need to explain because you can back track the chart , and if you will look closer? this section has tons of thread talking about why and how bitcoin will reach another ATH just don't be lazy to look for the answer directly to those threads. and besides are you investing? so you are asking these question ? if yes then best to buy now and never let lose time buying. Buy bitcoin and try not to be scared of volatility , because that is the only way to find the result in the next couple of years . Perhaps, we don't have to explain to a person who has no trust in something. Because what he is trying to do is put already an end to which in fact, despite the current situation we can still see the potential for Bitcoin to soar high. It was very clear to us based on the market history that Bitcoin price is moving high every year this means that the growth of its price will never stop even if all Bitcoin has been mined already.
People who have negativity in their minds will remain doubtful no matter what we do to them. |
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In general we all are responsible for the bearish trend. Who else gonna take the responsibility anyways. This is deeply connected cycle amongst everyone. Riches go crazy few times a year, they buy bulk they sell in bulk and give rise to those FOMO reactions.
Because we are too crazy to believe that crypto will make us rich. But when the correction has come, we then started to blame others which in fact, we are also a contributor to the continuous price drop. It is somehow we don't see because we make ourselves right despite the fact that we are wrong. FUDs, FOMO, manipulations - these are nothing if we are focused on our doings but unfortunately, we got affected because we are too emotional. |
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