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Messages - Rubel007

Pages: [1] 2 3 ... 72
1
One way to select your next crypto investment is to look at the current market capitalization. This will not only show which cryptos are ranked the highest right now but also the curve of their value. Be aware of events around the world that affect the prices of cryptocurrencies.
The simple way to do is  check top 10 in coinmarketcap. These coins would be safer for investment compared to others. One can also research on his own on various coins before going for investment. But be careful in investing new coins.
There are those who really want to analyze first before making their choice, but if there are those who don't want to analyze, they can and there are facilities at CMC for only the best ranking to be selected, especially those with potential. Ultimately, it's up to us to decide where we want to place our funds, but I agree with not prioritizing new coins because they haven't been tested compared to existing potential coins.
I also don't give much priority to new coins because new coins are likely to dump as quickly as they pump. Moreover, all coins that have been in the market for a long time must be fundamentally strong. Investing in those projects can reduce an investor's risk of losing his assets. I recommend investing in top coins by coin market cap and I invest in those coins myself. But investing in new coins is risky if one can invest with risk then there is also have the possibility for profit.

2
Currently we have just entered the second quarter of 2024, the Bitcoin halving has also just occurred. Of course, the potential for a bull run is still very much there and is eagerly awaited by all cryptocurrency players, be they investors or crypto traders. 
If we currently see Bitcoin and Altcoin prices in the market going down, then we should enter the market and buy more coins to add to our portfolio.
Agree, we are still in the beginning of 2024, Q2 of 2024. So, we don't feel too afraid about the bullrun season. Since the halving of Bitcoin just happened few weeks ago, we must be patient to wait for the increase of Bitcoin price. If the prices of Bitcoin and altcoins are dropping now, it is because the hype is over. In this time, we must try to feel calm and don't need to feel frustrated.
The Bull run will eventually happen, it is believed that the market is currently in a recuperation period. The market is believed to have a particular time that it needs to reset in order to gain more momentum and prepare for the next bull run. Honestly, I really don't know how authentic this information is, but I heard it from a reliable source, and there's actually sense in it. So if that's true, then the current market state should be considered the recuperation period to prepare the market for its next bull run.
We all make predictions but nothing is certain even if many things happen according to the prediction but not all will be happen. Many of us thought that the market might continue to be bullish after the halving but the market is holding the opposite position. However, Bitcoin's history we didn't see bullish movement after the halving. It takes more time form the halving. According to that direction may be the case. By the current market condition, I believe that the market will be bullish but it will definitely take time. When all buyers' sentiments will reach the same level, the market will be bullish. A bull market has started but the market is not yet fully bullish.

3
Yes, it's really very hard, I also did daily trading way back even before the pandemic, and it's like a see-saw for me. It's really unpredictable to make profits daily and even if you have a target almost 90% of the time I won't hit that profit margin.

So I just dump this whole idea and just focuses on more of a HODLer and doing DCA 2020 and moving forward. And it's not for everyone, I believed. Maybe I don't have the skills and the patience to remain in this game.
No one can guarantee profits for coin price movements, it's not easy to predict, but what makes it easier for me is that I won't enter the market when the price is still high, I will enter the market and buy coins when there is bad news that makes the coin price go down and will sell it when the price goes up.
A day trader is also known as a short term trader. A day trader must be more experienced than a typical or long term trader to make profit. He has to buy assets at a small margin and make profit by reselling those assets. When the market is bullish then any trader can easily make profit in the market but it is very difficult to gain profit by day trading during bearish time. Those who are day traders usually keep updates of the market. They do not underestimate any small event because the market depends on the financial, commercial or legal issues of the world leading countries world. Traders who make a profit from day trading must have more knowledge about the market.

4
The reason I say this is because when I am not mentally prepared, if I engage in gambling, I loss the bet.

No doubt, mental support is important in gambling as it aids concentration but the truth remains that you can't win all the time even with full concentration (mental support). The reason for this is simple, there are factors which decides the outcome of a game that can never be foreseen even with mental support.

An irony of the game is that someone can lose with mental support whereas another individual who predicted haphazardly might win.
Experience, skill as well as luck all are are important in gambling. Sometimes experience or skill is useful and sometimes luck is needed but if a gambler does not give mental support i.e. he is gambling but his mind is elsewhere or he is gambling but he does not have much interest there. I have mainly emphasized here the situations where one has to provide mental support in addition to all those things. Otherwise he cannot be satisfied there even if he gets a gambling win. Moreover, he will not find the joy in gambling.

5

Yes, investing in all new and old coins is very risky, only top coins like BTC, eth, bnb, sol are more risky to invest in other coins, so it requires a lot of research. New coins pump a lot more in the first hype so the profits are much higher this time.  However, older coins don't pump as fast, but they are slightly less risky than newer coins because newer coins tend to be more scams. so one can invest in any coin if one can afford to accept these risks.
Agree with you, investors can invest in any coins, both old coins and new coins, where they must understand the risks and be brave enough to take those risks. New coins are more risky but also have a big chance of profit, we have to really do research and have good analysis. If you want to be safe, you should invest in old coins
right , new con are really risky as the chance of being scam are there but we cannot deny the fact that comparing to other old coins? new coins has the potential of bringing huge return if you can get the right timing of entering and releasing ,so in the end it is on our hand to what will be our faith in this investment world.
One of the main reasons why investors are more interested in new coins than old ones is because of the possibility of making large profit. But the amount of risk is also high. Typically newer coins have higher buying pressure due to which timely investment in those coins can lead to higher returns. But new coins can also fall quickly. New coins are usually a trap for scammers and have both high returns and high risks.

6
Gambling discussion / Re: Whats your experience with gambling?
« on: May 05, 2024, 10:24:46 PM »
I'm not sure if it is bad or not. But it was because I didn't understand what I was doing that the beginning of gambling turned out to be very bad. ha ha ha'
This was a very unsuccessful attempt at that time, so it made me pause for a moment to at least understand what I was playing.

That's not easy enough. Because indeed a lot of gambling is influenced by luck. And I thought, my luck isn't that good. Yes, even though sometimes it is a win, it seems like there are more losses. Because of that, I don't accept gambling because I really realize that it's not easy and the risks are actually very high.

you had a really good start with gambling :D I understand how it feels when luck isn't always on your side. Wins can be exciting but the losses definitely sting a bit more. It's super important to recognize that balance just like you have.
Usually luck can never always be on a gambler's side, because the odds are always stacked up against them. No matter how good you may think you are, it's always crucial to acknowledge the fact that the possibility of winning will always be beaten by that of losing, so one should always apply extreme caution while approaching gambling to avoid sudden losses.

I think the same, I believe that many players who are very lucky in the game boast of saying that they will always have good luck, and well, I hope that's the case but at the moment if that doesn't happen the blow will be very strong and that will be something that they won't be able to resist for long, because generally the players that happen to them always fall into desperation and want to win what they lost, so that is not a good sign, because all the time they want to win and win, and that can take them to spend a lot of money and it will mean that they can always continue losing, and when they see less money, things don't turn out well, and they can also be on the direct path to an Addiction.
I meet with a gambler a few days ago who boasted about his bets. The idea that he will win drives him to his place of pride. But the reality is that luck is an important factor in gambling. If luck is with you then there is no problem to win but if bad a gambler loses everything in a short period of time. The gambler I was talking about lost everything on a subsequent bet. What I take from my experience is that I will have a higher probability of losing on each bet and consider beforehand what I will do if there is a loss. I'm not guaranteed to win at Gambling so I should manage my gambling within a limit as much as possible.

7
Gambling discussion / Re: Is it right for a lady to gamble ?
« on: May 05, 2024, 10:14:13 PM »
Someone told me once that gambling is not a lady's thing, and I asked him why and he said it doesn't look proper. Up till date I still don't see reasons for his reply.
My question is, is gambling for only men?
When I asked another friend of mine, he told me that just as cooking in the house is feminine, gambling is for only men too.
For me I think gambling is for fun so it is a general something and it doesn't matter the gender that is doing it .
Shear your ideas about this, let's see what carries the major point in this case...
In the developed world both men and women work and both are financially prosperous. However, women do not dominate in underdeveloped or male-dominated countries. There the girls are busy doing housework only. A man doesn't get as many benefits for gambling as a woman does. Where financial work is done by men, they are free to spend money. Gambling is easy for them. But it is not so easy for a woman. Because he has to depend on others.

8
As soon as you enter the twitter account then you can see hundreds of airdrop posts in front of you where there are promises to give many tokens for free. Do you think all these airdrops are true? I think all are false and from here there will be possibility of hacking to connect your personal wallet. So be careful and avoid fake/false airdrop.
As soon as you open the social media, there are numerous airdrop ads which are annoying most of the time. Also, will those airdrops actually distribute the amount of tokens to the users that I am very curious about it. Because everyone makes promises but so many promises can never be kept. Because not all projects will be successful. And if the project doesn't succeed, those who joined those airdrops won't get anything.

9
Yes, exchanges can freeze our funds for their own reasons, considering it money laundering or suspicious transactions. and we can also appeal to this matter. I agree with your suggestion, we should use the funds we need to trade on the exchange, don't store excess funds in the exchange wallet.
There are some cases of freezing the user funds but it is a rare case. Sure, money laundering is one of the examples, this makes sense that the exchanges freeze the funds. I think this won't happen to common users, it is for certain users only. However, it is true that we never send too much money on the exchanges. We must be aware that we have no control of our assets when it is in the exchange wallets.
You are right that we do not have control over the wallet exchange, that is what makes us lose if our transactions are suspected of being money laundering. because our wallet can be frozen and we lose these assets. I also heard stories from friends about this, their accounts were suspended and they were suspected of being transactions that indicated money laundering

       -    That's the only thing that is difficult in the centralized exchange when they find the transaction you made suspicious. It is certainly unexpected that the CX platform suddenly freezes your account.

Then invest in anything. In reality, rypto currency will not lose the risk unless you have no capital to use. There is no risk involved in that case.
If we make a transaction on Cex and our account is frozen due to suspicion, we should immediately file an appeal. If it's not taken care of. we will lose the account. Actually, I have heard this story several times, my advice is don't make large transactions.
There is no platform as secure as keeping our crypto to ourselves and keeping our keys. When we put our wealth on a centralized exchange platform, it is controlled by others. And those centralized exchanges run through various rules. If they find any irregularity then they can temporarily freeze those accounts and return them to their clients by showing proper reasons. However, if any such situation occurs, there must be a quick appeal, otherwise the account is more likely to be restricted or ban.

10
It would be great if we as people could generate different ways to develop ourselves and earn more money, it is ideal, however when we are in the casino we apply strategies, we apply everything we have in our hands, that is what we are mostly looking for However, the luck factor is what we should see and look for the most, when there is not much luck it is best to leave things as they are and try to play another day, that is the smartest thing we can do, of course. I say this because I am a player who sometimes plays 1 or 2 times a week, sometimes I don't play for 1 week , because I can't, either due to work or lack of money, but I always control myself when playing the game money.
If there is no luck favor me no matter how much I try, there is no win for me. But still keep trying because no one can predict when fortune will change. But as long as I bet reluctantly, my losses are high. Like you, I realize that any such situation requires me to take a break. If I can control myself, my winnings will be less also my losses will be reduced. I think that if gambling is done from a healthy mind the results will be relatively better.

11
I believe most of the time gambling do have negative impact in one's personal and professional life. In gambling apart from a few lucky ones the majority of cases people lose their money and it makes them frustrated. As a result they start behaving aggressively with other  family members and friends, it also affects other spheres of life negatively.
And people seem to be elaborating more on the positive impact and influence of gambling on a gambler and forget about the negatives, which is even the most important one to be discussed, people needs to know the dangers and risks attached to gambling and how people can at least try to avoid or minimize these risks in order for it not to affect them or for them not to fall victim of those said negative reflexes.
Yes, instead of focusing only on the positive aspects, one should also focus on the negative side. So that a gambler knows well both the good and the bad. Considering only the positive aspects, there is actually loss rather than profit. Lucky gamblers can change their lifestyle. But not everyone is so lucky. So gambling by following others can lead to major disaster. Gamblers can protect themselves from unexpected disasters by prioritizing enjoyment rather than expecting much from gambling.

12
Gambling discussion / Re: can gambling be a career?
« on: May 05, 2024, 01:10:33 PM »
This gambling cannot be made into a career even though we get a lot of money from gambling, gambling is synonymous with luck and this certainly cannot be called a job either. 
However, sometimes many people are not aware of gambling, when they get the opportunity to win once but they suffer a bigger loss. Only people with a strong gambling mentality will survive defeat.
If I may give you advice, leave gambling before we become poor.
You're right, gambling is all about Chances and Luck, and also very unpredictable, and something like that should never be considered a career.
It's true that some people do make lots of money from gambling but that doesn't take a way the risk or make it safer for people to go into and make a career out of it...
Gambling is mainly a way to have fun and not basically to make money or make a career out of it.
But maybe there are certain people or groups who consider gambling to be a career, because by gambling they can make money. But in my place, gambling is prohibited, and you can even be arrested by a court of law if you are proven to have gambled. 
So if people here want to gamble, they do it secretly and don't do it openly.
Gambling cannot be considered as a career where gambling is prohibited. Though nowadays online gambling has created a good opportunity where gamblers can conduct their gambling activities safely if they want but such uncertain income platform cannot be imagined as a career if they do not make a career as an employee of any gambling company. Gambling may make some money temporarily, but it can be lost at any time.

13
Investors benefit the most when meme coins are bullish. Most of the investors keep their investments in some sort of meme coin due to higher profit. I myself hold several meme coins. After investing in Shib and Doge I am positive about Book of Meme Coins. I know this coin will give a good return in the bullish market. However, there are many investors in meme coins who are investing in some scam meme coins which can lead to losses. In the meantime, the number of meme coins in the market has increased, so it is important to be careful when investing.

14
There are some people who expect high return on investment in a short period of time. They get worried if the price of Bitcoin drops even a little. They are anxious to sell bitcoin quickly in fear of losing. After all that, the result is that those investors lose. Investing in bitcoin a Investors must have a long-term perspective. Otherwise they are more likely to lose than gain. As Bitcoin is more volatile, many people sell their Bitcoins to avoid risk and this act increases their losses rather than their gains.

15
Cryptocurrency discussions / Re: What Altcoins Do you have?
« on: May 05, 2024, 10:18:52 AM »
Do you think altcoins will soar higher once again following Bitcoin to moon?

ALT coins are risky and you have to wait for the right time to sell it. :-\ As I have first time invested in different ALT coins with a good usecase and they are all listed on a reputable exchange. My list contains Movr, CTXC, Matic, ENA mainly but now because of the BTC dump, I am in huge loss  :'( but I am still positive for the Bull run, so will wait for the Huge pump.
In recent times market quickly moved from 57k to 63k which is definitely a positive side. For those who are waiting for the bull run, the time seems very close. But we have to wait until that stage is reached. I have invested in Bitcoin as well as some altcoins. One of the few new coins I have invested in is TON. Although I am in loss now but I hope I will be profitable in long term from my investment. I also keep a small amount of Ether in my portfolio I think Ether will be able to reach around 20k in Bull run. I will also get a good return from this investment.

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