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581  Economy / Gambling discussion / Re: Can Gambling affect your relationship? on: September 20, 2023, 03:39:53 AM
A gambler shouldn't be trusted with any public funds or hands over public offices as he may compromised the office. Usually a gambler is someone who is mentally unstable and unhealthy also unlikely to think wisely rather than profits making in every single bets that they places which is another problems we are all facing today. Whom ever that can control their gambling exercise can actually be reasonable although do not quotes me wrongly as their are responsible and educated gamblers who gambles either ones in a blue moon.

I don't know if some would disagree but I actually agree with you, gambler when they have the money on their hands, they have the mindset of using it in gambling which is really unhealthy, all of the money on them, there isn't a time that they would not to bet it in gambling. They really focused on winning and doesn't care if they lose everything on their hands like properties, relationships, family, unhealthy lifestyle and etc. Even if they won they would just come back for more which still results to losses. Gambler who managed and control themselves is really reasonable as they are not willingly to sacrifice everything they have just to bet it at gambling.
582  Bitcoin / Bitcoin Discussion / Re: How do you feel when you look at your first Bitcoin wallet? on: September 20, 2023, 02:17:47 AM
Of course if we'd compare our first wallet to our current wallet and simply checked the history it's actually regretful but I take it as part of my experience, because back then we were actually not that skilled and experience into this industry, so whenever we have the chance to convert it into fiat, we always take our chances and not leaving and holding even a small amount of Bitcoin into our wallets. But for sure, it has helped us to provide our needs and I've actually enjoyed my time back then without overthinking about saving which is the opposite of the current me.
583  Economy / Economics / Re: X (formerly Twitter) may be telling people like me to exit the platform on: September 19, 2023, 04:31:28 PM
Of course Twitter before Elon Musk was free and you have the freedom to explore the platform without any payment. Now Twitter became X if the case you'll have to subscribe first for you to access other features that were free before, I would not pay for it as I would find other apps much more convenient without fees. But I think those monetizing is mostly from people who us Twitter or X as their money sources just like advertisement, artist, news and etc as long you could make money from it. So it's like a fee as they benefit from X, X would also benefit from them. Cause for sure even the users complain, they have no choice but to pay cause that's where they could get money.
584  Economy / Economics / Re: Is market manipulation a common occurrence everywhere? on: September 19, 2023, 03:58:10 PM
What kind of people are capable of market manipulation?
To the best of my understanding, market manipulation can take place in a wide range of markets, from commodity, Forex to cryptocurrencies. It is not limited to any country or market type. However, the impact of market manipulation can vary widely depending on the specific context and regulatory environment in a particular location. It is generally perceived that individuals or entities with substantial financial resources, can leverage their financial clout to manipulate prices in their favor.
It is everywhere not only on those markets that you mentioned or financial market as a whole. It is not limited to one country but I believe any country has it, even if not on the same field (E.g in the financial market). Manipulation are a bad thing even if it's only small but a small one is better than the big one's because people can hardly feel it's effect.

A huge capital or money is mainly the root of these manipulations but we still can do something to prevent it. If only we won't be greedy and don't take the shady offers by these manipulators, they will not be successful with their attempts. Our lives will be much better this way. In term's of crypto market, many of us are not involved with it, like for example in Bitcoin manipulation but we are only riding it and we still can benefit with it.

It's literally everywhere, every country have that kind of market manipulation. Just imsgine this, we all know that the government there's always a toxic thing that exist, and we called it corruption by that they could just simply manipulate the market for them to cover up their mess cause people eventually question what happened to the funds so they would just simply manipulate the market, and increase the taxations. As they have the power and authority, they could easily manipulate the market as well the citizen of the country. But we being affected by that so we'll prefer to a decentralized system which is Bitcoin where the market manipulation could be profitable.
585  Bitcoin / Bitcoin Discussion / Re: Benefits of Bitcoins recent price drop on: September 19, 2023, 02:43:10 PM
I think, many investors used bearish season to buy Bitcoin and hold until the market price start pumping before they can think of selling or continue holding until the price of their satisfaction occur in the market.  Now that the price of Bitcoin has dropped down to $26,000 in this month of September, show that many investors will use this opportunity to increase their purchase in the market, because there is a hope that those that invested in Bitcoin at this rate will have something special to earn before the end of this year. Based on the current price, I think long term holders will achieve more profits when the price increase higher than short term holders, because the long term holders are very ready to hold till bullish season appear in the market.
There is no right time to accumulate bitcoin during the bearish season, although we do know that the bearish season is very boring and a bit scary, because on days the market moves stagnant at lower prices and every time you see the market it is red.
I think many investors rarely enter the market to collect bitcoin, only a few investors dare to enter the market when a downturn occurs.
It is proven that when bitcoin experiences a decline, most investors liquidate their bitcoin and temporarily move their money to stable coins.
They prefer to enter the market when bitcoin has moved into a bull run rather than accumulating in bearish times, but those who accumulate bitcoin when prices are falling are smart investors.

There's no literally right time whenever when to buy Bitcoin because we couldn't predict what would be the outcome in the market's price. But we all know that buying at the bearish market is the best time to buy with the cheaper price especially if you're planning to invest in a long term. But bearish might be a good timing but for short term investment, it might affect them negatively since the decrease drop of Bitcoin's value are keeping decreasing causing some investor to lose more investment and get liquidated. But if you panicked in these kind of situation as an investor like moving your funds into altcoins, for sure you'll missed out a big opportunity because if you're holding long enough reaching the bullrun, for sure you'll profit big.
586  Bitcoin / Bitcoin Discussion / Re: UnionBank to offer Bitcoin trading on mobile app in Octomber on: September 19, 2023, 01:54:03 PM
If I remember correctly there's already a thread about this topic which also mentioned UnionBank, for those people who's not aware from it, it's really from Philippines so we could say that's a local bank. Of course we could say that there's a lot of local banks here that mostly used and much prefer by people. So what's the UnionBank much better than the others for a crypto user or Bitcoiner? They are open to accept any kind of transactions that involved crypto or bitcoin because actually the other banks would not accept it as they cannot allow it due to it's decentralized so it would be hard for them to trace money that are entering their system. And now they announced some new features in mobile for sure when other banks find how good the impact of crypto or Bitcoin to them, they would literally copy what UnionBank did.
587  Bitcoin / Bitcoin Discussion / Re: Bitcoin kwoledge is not complete without bitcoin investment on: September 18, 2023, 09:42:03 PM
Investing in Bitcoin is just an option but can't hide the fact that people are here, googling/searching about Bitcoin for investment purposes. Either they will be investing today while still learning more or after. I don't believe that someone spent their time without a strong reason for doing it for I was sure that there is something that urged them to do that. And it is just a waste of time (for me) not using it after learning as it will just pass by and then forget in the future.

Indeed, not implementing your knowledge is like being a lazy person actually, cause you already have the information you need to invest in BTC where some of the people find it complicated and hard. If you're learning it for fun then for sure you have a lot of time in your hand, so if you reason out you got no funds to invest, why not find a money sources for you to provide the money you need to invest. Well, there's no actually late comer whenever you want to invest in years, but you'll miss out some early opportunities for sure.
588  Bitcoin / Bitcoin Discussion / Re: If only property I have is bitcoin on: September 18, 2023, 02:34:33 PM
If you are so concerned about your crypto asset, find someone you can trust and share your Bitcoin private key with them, if you don't have someone then do nothing, have your mind of getting better, go for a medical checkup, and hope for the best.
There is no alternative to being honest to secure funds for the next generation without informing family members. Really, it's not necessary to share seed phrases or private keys right now. It's better to hide funds and credentials from them as well. You should just inform them that you are related to crypto and hold small funds, and tell them about your wallet credentials. Just make sure wallet credentials are only accessible to you; just after you pass away, your family members could find them.

Sometimes lying could be an alternative option if you're holding huge assets, cause when they have been informed you have wealth in you credential wallets or you're hiding your funds like fiat, they might really ask you for almost everything about payments in the house like bills. I don't want to happen this kind of thing but there's literally cases when people knowing your wealth, they might commit a crime just to get your funds after having your personal information to attain what you've left behind such as properties, money and etc. Maybe hide an complete informative letters so when time comes you could just simply tell them about it.
589  Local / Pilipinas / Re: Huwag manghula lang pagdating sa crypto on: September 17, 2023, 02:40:30 PM
Doon sa tatag ng loob, yan ang isa sa mga natutunan ko sa pag stay dito sa market na ito. Kapag mahina ang loob mo at umaaray ka sa kokonting losses, paano pa kaya yung isang bagsakang dip at halos maiyak ka na ang lagi ng losses mo.
Ganito lang talaga sa market na ito, no pain no gain ika nga at yung volatility ng market na ito ay high risk at high reward. Kaya mamili ka kung ano ang masakit sayo pero tatagan mo lang loob mo, kapag mahina ang damdamin, huwag nalang pumasok sa crypto.

No pain, no gain talaga sa industriya na ito kaya fit na fit talaga ito sa risky people lalo na sa mga teenage dahil malakas loob nila sumugal at magsunog na pera para sa 100x gains pag naka tsamba sa isang tokens or coins.
Ang daming mga kababayan nating mga kabataan na natuto din sa crypto market. Sa kalakasan noong Axie hanggang sa bumaba at naunawaan nila na ganyan pala ang crypto market at sobrang hyper ng pagiging volatile nito. Dahil sa mga kabataan na yan, malaki pa ang chances nila sa future at okay lang mag fail pero hindi naman lahat ay nagfa-fail dahil mas marami ang kumita at naging successful hanggang sa narealize nila na ganito pala kasakit itong market na ito.
Totoo ito. Madaming kabataan ang naattract sa Axie at dun na nga yung naging simula para sa ilan sakanila na pasukin at aralin ang sistema ng crypto. Madami silang natutunan sa time na maingay pa ang Axie hanggang sa nadiscover nila kung gano ka volatile sa market industry na ito, yung iba sumuko at feeling pa nila na scam sila while may iilan na nag research at ngayon ay Bitcoin holders na.

Madami din kasi na enganyo sa Axie Infinity non kahit nga matatanda na walang idea sa crypto nag iinvest dito eh matawag lang na "manager" at tsaka akala nila easy money lang sa Axie non eh mga time na yon konti pa supply ng SLP kaya malaki talaga ang presyuhan at profits. Ayun nung bumaba andaming nalugi, may mga nalubog pa sa utang kasi nag invest sa hindi nila alam. Pero siguro yung mga kadalasang nag research talaga sa crypto industry non ay yung mga player eh, kasi sila yung nag eengage sa paglalaro kaya na curious sila sa crypto like pano ba talaga sila kumikita sa paglalaro lang. Ayun may mga naging trader at holders ng Bitcoin, tinake ng iba as dead yung Axie not knowing na sa crypto industry di lang yun yung may potential na bigyan ka ng higher profits.
590  Economy / Gambling discussion / Re: Success or Fail? - Talking about Gambling as a major income on: September 17, 2023, 02:06:40 PM
Even if gambling is legally unacceptable,there are some parts of the world that depend on gambling because of the unavailability of jobs in that country.And one thing I know about gambling is it quick source of money.Whether good or bad,there are people who cannot  do without gambling,because they are making money from it.They depend on fix matches,to earn a living.
For those people who depend on gambling,they bare in mind that one day,they will build mansions through gambling,and sometimes their believe work for them because I have seen people who win millions and get a good life ever after.They keep on pursuing their goals till they eventually win.
This reminds me of a country in Asia, namely the Philippines, by legalizing gambling and reaping huge profits from the taxes. The government there supports gambling activities. Who knows how that happened but certainly the country is taking measures that utilize the gambling sector appropriately. This also opens up new job opportunities there, but personally for me
no wonder why in general other countries still consider gambling illegal because of the risks that are very bad for society and the effects of addiction that cause financial damage.

Yes, in my country, gambling has been legalized from a very long time ago because it has primarily supported our economy to grow. There has been laws which supports its legalization, and as far as I know, people with ages of 21 and up are only allowed to engage in casinos. Just like what you've mentioned, there is of course a drawbacks from it that's why penalties has been developed. But even though we have laws, addiction and debt cannot be avoided because its still depends on the person who engage in gambling.


Still depends from the person itself, if addiction already penetrated inside you and your engagements is by far the next thing that can happen is for you to do something that might not be appropriate or unusual things that may lead you to either borrowing excessively or to the point that you may do something illegally.

Such kind of things that can be the after-effect of heavy gamings which push you to too much engagements and heavy addictions.

People who uses gambling as their source of money to people who gambling as addiction I see them differently, cause for sure those people who gambling for as their income could control and manage themselves, has their own way to limit losses and increase the chances of profits though gambling is literally based on luck but if you use your skills and techniques you could literally won like in the poker. As for the people who's addicted in gambling, their only aim is to win, not really thinking of the risk and worse situation might happen. Cause if you're only aiming for win for sure you wouldn't notice losses and also what you're staking such as properties, body , debt or even death.
591  Bitcoin / Bitcoin Discussion / Re: Bitcoin will be the biggest means of fulfilling dreams in the future. on: September 17, 2023, 07:33:04 AM
So if you want to fulfill your dreams in life then invest in Bitcoin then you will be able to fulfill your dreams very soon.
Bitcoin for sure can help a lot fulfilling your dreams but it's not an easy path because it means that you need to take a big risk, wait for several years, maybe even losing money compared to your initial investment, avoid the temptation so sell while losing money, and then, at the very end, hopefully the price will go up as usual. At the end unless you win the lottery (or you come from a wealthy family) there are no shortcuts in life.

Indeed, Bitcoin might helped you to be financially free and gain profit to achieve your dreams but if you're gonna put money as investment you'd have to exert effort in gaining knowledge, skills, times and experience. Some literally took years before reaching big profits cause they experienced the losses first. Everything has a progress and starting from nothing so if you're finding an easy way for your success, some would be illegal, some would be luck or born wealthy. Don't rush things cause for sureyour efforts would pay off at the very end.
592  Bitcoin / Bitcoin Discussion / Re: Bank vs Crypto: Are they opposites? on: September 17, 2023, 04:59:33 AM


We all know that crypto currency market is a risky market. Anything can happen at any time, but Bitcoin is more reliable than other currencies, but still Bitcoin cannot be exempt from risk. It is a fact that where there is gain there is also loss and this should never be ignored. The value of Bitcoin can fall, and often the value of Bitcoin fluctuates. Also, any bad news can cause a sudden drop in the price of Bitcoin.


This happened during the crash of Luna, and the same thing happened during the crash of FTX, but we believed that Bitcoin would recover its value very soon, and the current price is in front of you how Bitcoin has recovered its value after major crashes. If we are not careful, our wallet can be hacked, but many people's bank cards i.e. ATM cards can also be hacked without being careful. Such cases are common. So be very careful with things online. The government is creating regulations to regulate and legalize cryptocurrency, but I think Bitcoin is definitely a challenge for the banking sector.
Yes it will be a challenge to banks but I think sooner or later we can see that more banks will accept it and more companies with good names will begin to upgrade to web3. People will soon accept crypto as well that why the demand will rise so banks will be needed to accept pegged coins I think. Next year will be halving that is why it is possible to see bitcoin with new ATH.

Banking institutions have learned that they are missing out on not accepting cryptocurrency, the reason why now some are partnering with some existing cryptocurrency.  Unlike in the earlier years of cryptocurrency, banks are very hesitant and even giving warning to people who are actively participating in the cryptocurreny market.  Some central bank even banned the use of cryptocurrency but due to the performance of the cryptocurrency industry, some banks are now accepting Bitcoin as mode of payment. and even some of them are investing in the knowledge to learn about cryptocurrency.

Literally cause here in my country (PH), there's a lot of banks that are not accepting crypto into their institution like for example opening a bank account, when they interviewed you what is your source of income and you answered crypto, then they would reject your application losing more clients. Then there's one bank that are open to crypto which is called UnionBank, not only they are gaining clients but they are starting to rise due to more attention people giving to them as they are being more preffered than most of the bank. It's understandable for them to not being open to crypto since it's decentralized which is really risky for them like the safety, but once they've understand how it could be a good impact to banking for sure they would rise.
593  Bitcoin / Bitcoin Discussion / Re: People Are Not Nerdy Enough on: September 17, 2023, 02:20:38 AM
Yes, I am complaining that people are not nerdy enough. It's been 14 years since Satoshi published his white paper and the vast majority of people still don't understand what Bitcoin is and how to use it. Sure there are many people buying Bitcoin on crypto exchanges and speculating on it.

However, the average guy on the street that I speak to, and even many people on crypto forums still don't understand Bitcoin's potential as a virtual commodity, or it's potential to create an alternative to Fiat economies. Maybe the problem is deeper than just a lack of understanding about the technology? Maybe it's a lack of understanding about economics as a whole? How many people are economists?

I understand that my frustration might be due to the fact that I am coming from a very privileged position. What are your thoughts on this?
The problem is not about people not being nerdy enough, the problem is that people are simply lazy, that's it. From time to time I try to talk about finance, investments, and also cryptos with my friends but I can see how they're not actually interested even thought there is someone pretty much explaining them how to (hopefully) make money. People always complain about not making enough money, working too much, having debts, etc etc, then you actually have the opportunity to do things in a different way and... you're not interested. I just don't get.


Lazy, unmotivated, doesn't want a change or anything that would hinder them to become knowledgeable in any aspect of learning. I also relate to you, I've tried to motivate the people that surrounds me of course my friends by just saying it could simply help them change their life if they learn financial management, investment especially in the crypto. Well, of course it's true that some people would be curious and hooked into your introduction to these opportunities but they would just expect an easy money without exerting effort.

Quote

 My only regret is discovering the whole finance/crypto world too late, I wish I had someone 10-12 years ago telling me just a few things about finance and how to invest for the long run.


There's no late comer in crypto maybe if we were too early we would have the advantage especially in the past bullrun market. But still I think it would still be hard since crypto or Bitcoin is still unpredictable. But yeah learning early is one of a hell big advantage.
594  Economy / Gambling discussion / Re: How do you manage your money on gambling sites. on: September 16, 2023, 04:25:29 PM
I've been following a few gambling channels on Twitter and Telegram, and whenever they share a screenshot of a bet slip or winning ticket, they occasionally also include the balance of their wallet. I've seen this happen several times, which made me wonder why they don't choose to withdraw their winnings instead of storing them in their gambling site wallet. Why do they leave that much in there, or is it simply for show off? A gambling expert should know better than to save their money on casino websites. 

I always withdraw all my winnings and only deposit the right amount i want to use to gamble whenever i want to play a game. I’d like to know everyone’s opinion on which way is better and which one do you practice in managing your funds on gambling sites.

It's literally just to flex his money or maybe to scam people like saying he won that huge amount by playing such gambling games, cause in Telegram mostly where the scammers are roaming, everyday there's a newbie wanting to earn and have fun so seeing those kinds if screenshots would just easily bait them. But from the topic in how to manage your money on gambling sites, some has a limited cashout so they can't just easily convert all of it, why? Of course to keep gambling that's the technique of most of the gambling sites. But if you can control yourself to not gambling despite the money, that would helps you to save cause havign your money in digital savings would help you to not buy and use the money on unncessary things cause you the thinking you don't have fiat money for payments.
595  Bitcoin / Bitcoin Discussion / Re: How valuable BTC has become overtime on: September 16, 2023, 02:39:40 PM
It is a classic comparison that works for any asset that growing on time. In fact, the list is long, except that bitcoin has a "millions" percentage, but it is something that can always be done in conjunction with other types of investments.

We cannot "sell" the idea of ​​the price of bitcoin as its strength so that we decide on the right to access it. Then, those same premises that are little talked about are the true principles that should always be promulgated, if people understand the meaning of the premises by which bitcoin became an investment system, payments and a technology capable of breaking old paradigms. financial, it is not necessary to tell you that you could buy much products years ago and that this linear growth will continue and you should buy bitcoin today.
Wasnt it cool? Many merely want the money, or "bling bling," but theres more. Its like saying the worth of a library lies only in the price of its books and not the knowledge within.

Bitcoin's value goes beyond its rising price. Decentralization, technology, and the ability to revolutionize financial systems make it unique. People shouldnt merely see Bitcoin as a moneymaker. It should be seen as a tool to change our money mindset. Its not about "Get rich quick!" but about understanding it. Doesnt the "buy now to be a millionaire in the future" pitch seem meaningless if everyone receives that?

I honestly don't agree with you. I think bitcoin is sexier and in demand because we can get big profits from bitcoin, because the price continues to increase. As you said, ideally a library is judged by the knowledge possessed by the books available there. But if we have read many books and gained knowledge then what is the use of that knowledge? to make money right?

If we return to the original purpose of bitcoin, then bitcoin is a currency for payments that is decentralized and cannot be controlled by anyone. Yes, that is a good vision for bitcoin to have. I think we already understand the vision of bitcoin, and what attracts most people to bitcoin is its ever-increasing price. So, most people dream of becoming a millionaire in bitcoin, and that's the reality

And when people talk about bitcoin, most people will talk about the price.

We can’t deny the fact the it’s volatility is the reason why many user is investing on Bitcoin but those users invest short term basis unlike true Bitcoin holders that invest due to the unique feature of Bitcoin called Blockchain. Bitcoin blockchain is the only real decentralized network since it doesn’t control by group but instead with the community.

I like the idea of people investing on the technology rather than the price increase since this will result to a much more organic price growth and it will continue to grow organically while Bitcoin is being adapted by many.

Bitcoin is actually made to be an alternative currency but due to its volatility, people took advantage from it by doing investment in buying BTC and sell for a profit. But due to its high potential to reach high value in the market especially in the long run, people would tend to hodl more BTC for a higher profits. It's actually healthy to invest in no one's authority cause from its movement you will literally see an organic growth unlike other sht coins where mostly centralized and have a higher volatility and low potential.
596  Bitcoin / Bitcoin Discussion / Re: If only property I have is bitcoin on: September 16, 2023, 05:33:00 AM
It would really depends on you actually cause if you don't really want to give to anyone your funds since you've put a lot of effort to gain it, why not enjoy it by yourself a little? I mean treat yourself once cause you're already overthinking about your money so use some or find a partner to spend your time with. And if you're planning to pass your wealth to someone in your family, I would rather choose it carefully, cause there's a lot of people once they received huge amount of money they would just simply impulsively waste it like doing drugs, alcohol, buyign unnecessary things and worse gambling. Much better to teach them first so when the time they inherit your wealth, they already have ideas how to manage and handle what you left with them.
597  Bitcoin / Bitcoin Discussion / Re: I took a proposal to my State Governor to accept Bitcoin Technology on: September 16, 2023, 02:19:17 AM


I don't think that it will be possible for only the Governor of your state to make such approval because he isn't the person in charge of education. There is a curriculum that was written by the Ministry of Education which all schools in Nigeria uses. So it is the Minister of Education that will be able to look into this and discuss it the the government, before any further action.


Well that's true, before implementing Bitcoin to secondary school it should be process and get accepted by the education institution. But the fact that their governor acknowledged his proposal for sure it will get the interest and curiosity of the institution by looking how effective that proposal to students, cause learning early is actually advantage for them to have any background about BTC. Here in the PH there's what we called DepEd or (Department of Education) where all the proposal is being processed like mandatory military training if how effective that would be to students.

I never thought I'd come to see something like this, at least the movement of Bitcoin is not just about trading investing but to spread it to the government.
I'm expecting more good news such as this to cloud major parts of the country... Little by little we'll get to hear more of this news across other states, especially R/S.
OP please continue the good work and never let the fire stop burn.

For sure the government has idea on Bitcoin that's why he'd accepted and acknowledged the project. Which is actually a good news where BTC is starting to spread not only to the government but to the new generation of students as well. But I have already heard some schools internationally that they are teaching courses about BTC but it would be better if there's existing locally.
598  Bitcoin / Bitcoin Discussion / Re: Don't wait for the bottom without buying in the Dip. on: September 15, 2023, 04:38:41 PM
Indeed, it's true that we should sell Bitcoin at a higher price than what we bought it for. However, the market never moves precisely as we predict, and there's no guarantee that Bitcoin's price will follow technical analysis patterns. So, we need to have a strategy in place to ensure our entry points aren't too high. Instead of waiting for the bearish market to conclude and the next pumping moment, timing remains uncertain.

Considering the current bearish market, it's better to employ Dollar-Cost Averaging (DCA) to gradually acquire some Bitcoin using available fiat. If there isn't enough fiat supply, hodling is the only option.

Price movement is not according to our wishes but people always follow the market analysis and they take their decision according to the news which are spreading all around the world. We wish for more profit in the case of which we remains silent in bear market which will be our big mistake.

Learning to take the benefit of specific strategy will be a well suited decision so always try to utilize your strategy on specific timing.  Own some bitcoin until the time gets over and the bitcoins value increases therefore increase price is not a better time to buy bitcoin.

Market's price is really unpredictable so there's no assurance when is the best time to buy and sell, but people could conclude some outcome by the sudden movement of the market's value it's either it has been affected by the following: trends, news, and any updates. In short, you'll need to have another plan incase your technique and strategies did not meet your expectation. DCA is literally the best and safest way in especially in bearist cause you'll have options such as selling and holding you'll just need to wait for the right time.

599  Economy / Gambling discussion / Re: Mistake that prevented your big win. on: September 14, 2023, 02:48:17 PM
Most people make the mistake of not stopping at the right time and that costs them all the money that they might have managed to win which is a very big deal in gambling. They keep gambling even after winning a significant amount only because they feel they might win even more. We all know that greed is our enemy most of the time and whenever we become greedy, it costs us something precious that we might have gotten already, this happens in gambling as well.

So, every gambler needs at least some self-control so that they can stop themselves from excessive gambling when they are already in profit which doesn't happen with every gambler. Most gamblers want to be in that position where they have an upper hand over the casino house.
Just as we have limits to avoid losing too much money while we gamble, we also need to use those limits when we are winning so when we are ahead we do not end up losing those profits simply because we were unable to stop ourselves, now I know this is something difficult to do as it is very satisfying to be ahead and to have luck on your side for once, but if losing money is painful, losing money after you were ahead is way more painful, so whenever I am having some nice profits I prefer to end my session earlier than to risk losing those profits.

Limits is a must cause there's still no guarantee that if you continue you would attain that win and without limit it will just eventually lead to addiction since if you lose money, you would keep gambling to the hope of recovering your loss and if you win, you would keep gambling in the sense of being greedy and hoping for more. So in short there's no escape if you don't limit yourself in gambling. Remember that gambling is literally based on luck so if luck favored on you once, don't waste it by just being greedy. If you won you could call it for a day cause profit is profit.
600  Economy / Trading Discussion / Re: If they have the ability why would they sell? on: September 14, 2023, 02:28:52 PM
1. There is no proof of certificate that shows that the group owners are professional traders.
Usually signal owners post each of their entries in groups and people can conclude how often they close positions with profit results.
But yeah, no one can confirm whether the screenshots shared are belong to the owner or whether they're just forwarded from another signal group. Sensibly, professional traders wouldn't take money from noob traders that way.
This is the problem, you do not know if it's legit or not and why would you want to join something you are not sure if it's legit or not. I would say away from something like that because it makes no sense at all, it really doesn't make sense on the long run.

I think it should be important to realize that we are going to end up with a result that would be a bit harsher and you should be able to make it work eventually. I know that it is not that easy and it doesn't make sense at the moment to just trade based on signals of someone else, so it's much better to find your own signals and you can do that by studying indicators, when indicators hit certain levels you have your own signal and you can buy or sell accordingly.

It's really hard to tell nowadays if the group is actually legit or not since they are a group of people working together just to scam poor and innocent people. There's actually group pages that are worth joining where they post any news, updates and trends about crypto including trading.

It's really part of your progress, to learn on your own via experiences cause in the end of the day, you, yourself is the only person you could rely on in making risky decisions because it's your money at stake not anyone's. From your experience you could take it as a lesson to build up your skills and decision making.
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